Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Michael P. Callagy, County Executive
Roberto Manchia, County Chief Financial Officer
Subject: Conflict of Interest Code Amendment for Joint Powers Financing Authority
RECOMMENDATION:
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Adopt a resolution amending the County of San Mateo's Conflict of Interest Code to include the San Mateo County Joint Powers Financing Authority as it pertains to members of the County's Boards and Commissions.
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BACKGROUND:
The Political Reform Act of 1974 requires every public agency, including the County, to adopt and promulgate a Conflict of Interest Code, designating employees who must file annual conflict of interest statements. The County's Conflict of Interest Code (the "Code"), as it pertains to the County's Boards and Commissions, was adopted on February 26, 2008, and has been amended from time to time to reflect the addition and deletion of various County Board and Commissions.
In 1993, this Board adopted Resolution No. 57104 approving a joint exercise of powers agreement creating the San Mateo County Joint Powers Financing Authority (the "Authority"). The Authority is a special-purpose entity engaged solely in the financing of the County's capital projects through issuance of lease revenue bonds and other bonds as authorized under California law. The Authority consists of five members appointed by this Board, and is governed by a joint powers agreement, as amended, and the Bylaws of the Authority.
The Authority Bylaws state that the Authority "shall, to the extent required by law, adopt a conflict of interest code and submit such code to this Board of Supervisors of the County, which is hereby designated as the Authority's code reviewing body." Authority Bylaws, ? 1.5.
When the Authority was established in 1993, the Authority determined that it was exempt from the conflict-of-interest code requirements of the Political Reform Act bec...
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