Los Angeles Lomod Corporation Board Of Directors Special Meeting Action Minutes
The board meeting involved several key actions, including the approval and adoption of the fiscal year 2026 operating budget midyear modification, as well as the approval of modified compensation and benefits for the treasurer. The board also adopted new administrative policies and authorized the President to enter into or amend contracts within the federal simplified acquisition threshold. Additionally, the board approved the appointment of new trustees and the removal of a former trustee for the corporate 401(k) plan.