Patricia Montenegro

The committee meeting featured reports from the Director of Procurement regarding task orders awarded for environmental engineering and material testing services at Malcolm X College South Campus and Kells George Park Field House, as well as updates on the Chicago Department of Transportation capital program alley packages. The Executive Director provided updates on a change order for the Lincoln Square Brown Line project, the outcome of an assist agency conference, status updates on community meetings for library and college campus projects, and a report on staff participation in a national procurement conference.

The Audit Committee reviewed the draft annual comprehensive financial report for the previous fiscal year, noting an accounting error regarding accounts payable that required a restatement of the net position. The committee received a report from the newly appointed audit firm, CliftonLarsonAllen LLP, confirming a clean, unmodified audit opinion and discussing internal control procedures, IT recommendations, and project collaboration efforts. Executive leadership acknowledged the progress made in diversification and operational efficiency while emphasizing future partnership and financial stewardship.

The meeting provided a detailed overview of the Capital Program Alley improvements at seven locations. Key discussion topics included the project scope encompassing alley reconstruction, sewer and drainage structure work, and the use of permeable materials. Procurement details were presented, including submission requirements, schedule milestones, bid forms, and liquidated damages. Compliance team representatives outlined requirements for MBE and WBE participation, EEO goals, community hiring obligations, and city resident labor requirements.

The board convened for their February meeting to discuss organizational matters and strategic operations as outlined in the meeting records.

The board meeting documentation for December 2008 covers various administrative and governance activities relevant to the organizational oversight of the board.