Daily Journal 6/24/04
S.M.County Times

AGENDA

BOARD OF DIRECTORS
SEQUOIA HEALTHCARE DISTRICT

4:30 PM, Wednesday, June 23, 2004
Sequoia Room Sequoia. Hospital
170 Alameda de las Pulgas
Redwood City, CA 94062

1. Call To Order And Roll Call- President Faro

2. Public Comment Non Agenda Items* - President Faro

3. Consent Calendar - President Faro

a. Approve Minutes Of April 7, 2004 Board Of Directors Meeting

b. Approve Minutes Of May 3, 2004 Special Board Of Directors Meeting

c. Accept Financial Statements For March And April 2004

d. Accept CEO's Report Of June 23, 2004

4. Discussion Of Items Removed From Consent Calendar - President Faro

5. Old Business

a. Consider And Adopt Resolution 04-2 Supporting The Rebuild Of Sequoia Hospital And Approving a $25 Million Contribution For The Funding Of New Construction At Sequoia Hospital (2ndReading) - President Faro

b. Consider And Adopt Resolution 04-3 Declaring That The District's Real Properties Located At 2900 Whipple And 525 Veterans Boulevard Are Surplus And Authorizing The Sale Of The Properties (2ndReading) - President Faro

c. Consider And Accept Recommendation From CEO Replacement Committee - Director Kane

6. New Business

a. Consider And Approve Contracting With Vavrinek, Trine, Day & Co. LLP (Formerly Pearson, del Prete, LLP) For Provision Of The District's Annual Audit For Fiscal Year Ending 6/30/04 In The Amount Of $12,750 (5% Increase Over Last Year) - Mr. Gibson

b. Accept Report On Matching Grant For FY 03/04 From Sequoia Hospital Foundation - Mr.Gibson

i. Consider And Approve Request For Matching Grant Up To $1M For FY 04/05

c. Consider And Adopt Resolution 04-4 Adopting Provisions For Healthcare District General Election - Mr. Gibson

d. Accept Amendment To Bring District 457(b) Governmental Deferred

Compensation Plan Into Compliance With IRS Ruling 2004-12 - Mr.

. Gibson

e. Accept Resignation Of Dr. Edward Katz And Appoint A Committee For

The Purpose Of Interviewing Candidates And Making A Recommendation To The Board For Appointment - President Faro

f. Effective July 1, 2004, Remove Current CEO As Pension Plan Administrator And Designate The Person Selected To Replace The Current CEO As The New Pension Plan Administrator - President Faro

g. Effective July 1, 2004, Remove Current CEO As Authorized Signatory On Behalf Of Sequoia Healthcare District As To All Banks And Other Financial Institutions And Designate The Person Selected To Replace The Current CEO As Being Such Authorized Signatory - President Faro

h. Confirm That After June 30, 2004, The Current CEO Shall Have No Further Authority To Act On Behalf Of Or To Bind The Sequoia Healthcare District With Respect To Contracts, Other Written Instruments, Or Otherwise And That Effective July 1, 2004, The Person Selected To Replace The Current CEO Shall Have All Such Authority AS Consistent With Existing Practices- President Faro

i. Accept Arthur J. Faro's Resignation As Board President And Elect New Board President For Remainder Of Office Term (First Meeting In December 2004)

7. Adjourn - President Faro

*Public Comment Will Be Taken For Each Agenda Item Prior To The Board's

Consideration On That Item

Arthur J. Faro

President