ALAMEDA-CONTRA COSTA TRANSIT DISTRICT  
MINUTES  
Financing Corporation Board of Directors  
HYBRID MEETING  
AC Transit General Offices  
2nd Floor Board Room  
1600 Franklin Street, Oakland, CA 94612  
Phone (669) 900 6833  
Webinar ID: 984 8717 5063  
Wednesday, May 24, 2023 at 6:30 PM  
or immediately following the AC Transit Board of Directors Meeting.  
MEMBERS OF THE FINANCING CORPORATION BOARD OF DIRECTORS  
JOEL YOUNG, CHAIR  
DIANE SHAW, VICE CHAIR  
JOVANKA BECKLES, DIRECTOR  
JEAN WALSH, DIRECTOR  
SARAH SYED, DIRECTOR  
MURPHY MCCALLEY, DIRECTOR  
H. E. CHRISTIAN PEEPLES, DIRECTOR  
CORPORATION OFFICERS  
MICHAEL A. HURSH, CHIEF EXECUTIVE OFFICER  
JILL A. SPRAGUE, CORPORATION LEGAL COUNSEL  
LINDA A. NEMEROFF, CORPORATION SECRETARY  
CHRIS ANDRICHAK, CORPORATION FINANCIAL OFFICER  
1.  
2.  
CALL TO ORDER  
The Financing Corporation Board of Directors held a meeting on Wednesday, May 24, 2023.  
Chair Young called the Financing Corporation Board of Directors meeting to order at 7:58 p.m.  
ROLL CALL  
Present  
Director Jean WALSH, Director Jovanka BECKLES, Director H. E. Christian  
PEEPLES, Chair Joel YOUNG, Director Sarah SYED, Director Murphy  
McCALLEY, Vice Chair Diane SHAW  
3.  
4.  
PUBLIC COMMENT  
There was no public comment offered.  
CONSENT CALENDAR  
4.A. Consider approving Financing Corporation Board of Directors meeting  
23-219  
minutes of March 8, 2023.  
Staff Contact:  
Linda Nemeroff, Corporation Secretary  
MOTION: PEEPLES/YOUNG to approve the Financing Corporation Board of Directors  
meeting minutes of March 8, 2023. The motion carried by the following vote:  
Ayes:  
Director WALSH, Director BECKLES, Director PEEPLES, Chair YOUNG,  
Director SYED, Director McCALLEY, Vice Chair SHAW  
5.  
REGULAR CALENDAR  
5.A. Consider receiving the Financial Statements for the AC Transit  
23-280  
Financing Corporation for the Third Quarter Ended March 31, 2023.  
Staff Contact:  
Chris Andrichak, Chief Financial Officer  
MOTION: PEEPLES/BECKLES to receive the Financial Statements for the AC Transit  
Financing Corporation for the Third Quarter Ended March 31, 2023. The motion carried  
by the following vote:  
Ayes:  
Director WALSH, Director BECKLES, Director PEEPLES, Chair YOUNG,  
Director SYED, Director McCALLEY, Vice Chair SHAW  
6.  
ADJOURNMENT  
There being no further business to come before the Financing Corporation Board of Directors,  
the meeting adjourned at 8:00 p.m.  
Respectfully submitted,  
/s/  
Linda A. Nemeroff, Corporation Secretary