November 20, 2019 Annual Board and Committee Meetings

Event Type

Board of Directors

Starts

November 20, 2019

Time

8:30 AM EST
Add to Calendar

Agenda

  8:30 a.m.       Nominations Committee Meeting
  8:45 a.m.       Finance Committee Meeting
  9:15 a.m.       Board of Directors Annual Meeting
10:00 a.m.       Finance Committee Meeting (reconvened)
10:45 a.m.       Business Administration Committee Meeting
11:15 a.m.       Dulles Corridor Committee Meeting
12:00 p.m.       Strategic Development Committee Meeting
12:30 p.m.       Risk Management Committee Meeting
12:45 p.m.       Executive and Governance Committee Meeting

SCHEDULES AND AGENDAS

FOR

WEDNESDAY, NOVEMBER 20, 2019

Corporate Offices

Two Potomac Yard, 2733 Crystal Drive, Arlington, VA  22202

Fifth Floor Conference Rooms

8:30 a.m.  Nominations Committee Meeting1

 

Tab 1   Report on Candidates for Officers (Oral)

Brad Mims                  Chairman, Nominations Committee

8:45 a.m.  Finance Committee Meeting

Proposed New Agenda Item (subject to Committee approval)

Amending Resolution No. 19-19 which Selected Certain Firms for the Underwriting Syndicates for Potential Airport System and Dulles Toll Road Bond Issuances

Tab 2   Financial Advisors’ Report – Dulles Corridor Enterprise

Andy Rountree           Vice President for Finance and Chief Financial Officer

Jim Taylor                   Mercator Advisors LLC

Marvin Sun                 Frasca & Associates, LLC

Tab 3   Recommendation to Approve the Proposed Resolution Authorizing Issuance of Dulles Toll Road Subordinate Lien Revenue and Refunding Bonds, Series 2019B

Andy Rountree           Vice President for Finance and Chief Financial Officer

Giedre Ball                  Manager, Debt Program

Tab 4   Financial Advisors’ Report – Aviation Enterprise

Andy Rountree           Vice President for Finance and Chief Financial Officer

Ken Cushine               Frasca & Associates, LLC

Tab 5   Recommendation to Approve the Subsitute Proposed Resolution Authorizing Issuance of Airport System Revenue Refunding Bonds, Series 2020AB

Andy Rountree           Vice President for Finance and Chief Financial Officer

Giedre Ball                  Manager, Debt Program

MEETING RECESS

9:15 a.m.  Board of Directors Annual Meeting

Tab 6   Election of Chairman, Vice Chairman and Secretary (Oral)

Tab 7   Minutes of the October 16, 2019 Board of Directors Meeting

Tab 8   Committee Reports

8.1       Dulles Corridor Committee

8.2       Executive and Governance Committee

8.3       Finance Committee

8.4       Joint Human Resources and Executive and Governance Committee

8.5       Strategic Development Committee

Tab 9   Information Items

9.1       President’s Report (Oral)

9.2       Executive Vice President’s Report

Tab 10 New Business

Proposed New Agenda Item (subject to Committee approval)

Amending Resolution No. 19-19 which Selected Certain Firms for the Underwriting Syndicates for Potential Airport System and Dulles Toll Road Bond Issuances

10.1       Recommendation to Approve the Proposed Resolution Authorizing Issuance of Dulles Toll Road Subordinate Lien Revenue and Refunding Bonds, Series 2019B

10.2       Recommendation to Approve the Subsitute Proposed Resolution Authorizing Issuance of Airport System Revenue Refunding Bonds, Series 2020AB

10.3       Proposed Amendments to the Bylaws of the Metropolitan Washington Airports Authority

Tab 11 Unfinished Business (Oral)

Tab 12 Other Business & Adjournment (Oral)

10:00 a.m.  Finance Committee Meeting (reconvened)

Tab 13 Recommended 2020 Budget

Andy Rountree           Vice President for Finance and Chief Financial Officer

George Kangha          Budget Manager

Tab 14 October 2019 Financial Report – Aviation Enterprise

Andy Rountree           Vice President for Finance and Chief Financial Officer

Chris Wedding            Controller

Tab 15 October 2019 Financial Report – Dulles Corridor Enterprise

Andy Rountree           Vice President for Finance and Chief Financial Officer

Chris Wedding            Controller

Tab 16 Quarterly Report on the Investment Program (Quarter Ended September 30, 2019)

Andy Rountree           Vice President for Finance and Chief Financial Officer

Nancy Edwards          Manager, Treasury Department

Tab 17 Budget Reprogrammings for the Third Quarter of 2019 (Quarter Ended September 30, 2019) (Oral)

Andy Rountree           Vice President for Finance and Chief Financial Officer

10:45 a.m.  Business Administration Committee Meeting

Tab 18 Quarterly Acquisition Report (Quarter Ended September 30, 2019)

Julia Hodge                 Vice President for Supply Chain Management

Tab 19 Pre-Solicitation Terms for the Operation and Management of the Public Parking and Shuttle Bus Concession at Ronald Reagan Washington National Airport and Washington Dulles International Airport

Jeremy Meltzer            Manager, Airport Administration Ronald Reagan Washington National Airport

Colleen Von Hoene    Manager, Airport Administration Washington Dulles International Airport

Tab 20 Transportation Network Company Fee Update

Jerome L. Davis          Executive Vice President and Chief Revenue Officer

Chryssa Westerlund    Vice President, Marketing and Consumer Strategy

11:15 a.m. Dulles Corridor Committee Meeting

Tab 21 Dulles Corridor Metrorail Project Monthly Cost and Schedule Update for Phase 2 as of September 30, 2019

Charles Stark               Vice President, Dulles Corridor Metrorail Project

Anne Field                  Controller, Dulles Corridor Metrorail Project

Tab 22 Dulles Corridor Metrorail Project – Phase 2, Package A – Bimonthly Update

Keith Couch                Capital Rail Constructors

12:00 p.m.  Strategic Development Committee Meeting

Tab 23 Airline Business Development Information Report

Jerome L. Davis          Executive Vice President and Chief Revenue Officer

 Yil Surehan                 Vice President for Airline Business Development

Tab 24 Ronald Reagan Washington National Airport Project Journey

Roger Natsuhara         Vice President for Engineering

Richard Golinowski    Acting Vice President of Operational Support

Rob Yingling              Media Manager

Tab 25 Quarterly Update - Ronald Reagan Washington National Airport Project Journey

Kevin Sharkey                        Turner Construction

12:30 p.m.  Risk Management Committee Special Meeting

Executive Session2

Tab 26 Litigation Report

Phil Sunderland          Vice President and General Counsel

12:45 p.m.  Executive and Governance Committee Meeting

Executive Session3

Tab 27 Personnel Matters

Tony Vegliante           Vice President for Human Resources and Administrative Services

Peter Kennedy           PRM Consulting Group

_______________________________________________________________________

1 All Committee Meeting times are approximate.  The Committee Meetings may begin earlier or later than the scheduled times.

2 Pursuant to Article IX, Section 3(e) of the Airports Authority Bylaws which permits the Board and Committees to move into executive session for consultation with legal counsel and briefings by staff, consultants and/or attorneys, pertaining to actual or potential litigation, pending or proposed legislation, compliance with a specific constitutional, statutory or judicially imposed requirement, or other legal matters, and discussions of such matters by the Board without the presence of counsel, staff, consultants, or attorneys.

3 Pursuant to Article IX, Section 3(a) of the Airports Authority Bylaws which permits the Board and its Committees to move into executive session for personnel matters such as employment, appointment, assignment, promotion, demotion, performance appraisal, discipline, resignation, salaries and benefits, and interviews of Directors, officers, and employees of the Airports Authority, and applicants for the same.