Port of Los Angeles Agenda Logo

Board Meeting

Audit Committee Agenda - May 16, 2013

Audit Committee Agenda - May 16, 2013


AGENDA OF THE LOS ANGELES BOARD OF
HARBOR COMMISSIONERS AUDIT COMMITTEE
THURSDAY, MAY 16, 2013 AT 7:30 A.M.
PORT OF LOS ANGELES ADMINSTRATION BUILDING
425 S. PALOS VERDES STREET
BOARD ROOM, 2nd FLOOR
SAN PEDRO, CA 90731

 


AUDIT COMMITTEE
Commissioner Douglas Krause, Committee Chair
Commissioner Sung Won Sohn, Committee Member

A. OPENING STATEMENT - AN OPPORTUNITY FOR MEMBERS OF THE PUBLIC TO ADDRESS THIS BOARD

PERSONS IN THE AUDIENCE MAY ADDRESS THIS BOARD IN CONNECTION WITH ANY AGENDA ITEM OR DURING THE PUBLIC COMMENT PERIOD.

AS PROVIDED BY THE BROWN ACT, THE BOARD HAS LIMITED EACH INDIVIDUAL'S SPEAKING TIME TO THREE MINUTES. ANYONE DESIRING TO SPEAK DURING THE PUBLIC COMMENT PERIOD IS REQUESTED TO COMPLETE A SPEAKER CARD AND SUBMIT IT TO THE COMMISSION SECRETARY, VIA THE SERGEANT AT ARMS, PRIOR TO THE START OF THE MEETING.

B. COMMENTS FROM THE PUBLIC

C. REGULAR ITEMS

1. City Attorney Report on Staffing and Outside Counsel Expenses

Transmittal 1

2. Report and Update on efficiency and Productivity Measures

3. Oil Royalties Update, including status of
a. RFP for the Development of the Wilmington Oil Field
b. Letter to the City of Long Beach to add the Port of Los Angeles as a Working Interest Owner

4. Expired Leases Update

Transmittal 1

5. Audit Plan Update

6. Financial Status Update