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File #: 22-470    Version: 1 Name:
Type: Memo Status: Passed
File created: 6/8/2022 Departments: BOARD OF SUPERVISORS DISTRICT 3
On agenda: 6/28/2022 Final action: 6/28/2022
Title: Recommendation for the appointment of Paul Okada to the Joint Powers Financing Authority's governing board.
Sponsors: Don Horsley

Special Notice / Hearing:                         None__

      Vote Required:                         Majority

 

To:                      Honorable Board of Supervisors

From:                      President Don Horsley, District 3

Subject:                      Appointment to the Joint Powers Financing Authority

 

RECOMMENDATION:

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Recommendation for the appointment of Paul Okada to the Joint Powers Financing Authority’s governing board.

 

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BACKGROUND:

The San Mateo County Joint Powers Financing Authority (the “Authority”) was formed by the County and the Community Development Commission of the County of San Mateo to provide for the joint exercise of powers given to a joint powers entity by State law, for the purpose of financing public capital improvements.

 

The Authority is administered by a governing board comprised of five members appointed by this Board of Supervisors of the County.

 

DISCUSSION:

There are two vacancies on the Authority’s governing board following the resignations of Thomas Casey and Jim Saco.

 

Paul Okada is currently Chief Legal Counsel to SamCERA and served as a Deputy and then Chief Deputy in the County Attorney’s Office from 2003-2021. From 2013-2021, Mr. Okada served as counsel to the JPFA.

 

Mr. Okada is recommended for appointment to the Authority’s governing board, to serve until resignation, death or appointment of a successor.

 

FISCAL IMPACT:

None.