Item 1

Welcoming Remarks - Council Member Stephen C. Costello, Chair

Items 2 & 3

2. Discussion ol the December 2011 Monthly Financial and Operations Report (MFOR) • Ronald Green, City Controller • Kelly Dowe, Director, Finance Department 3. Discussion ol Quarterly Investment Report • Ronald Green, City Controller

Item 4

Discussion ol Core Service Assessment Work Sessions • Council Member Stephen C. Costello, Chair • Council Member C. O. "Brad" Bradford, Vice Chair

Item 5

Discussion ol CUS General Purpose Fund Transfer to the CUS CIP • Susan Bandy, Deputy Director, Resource Management, Public Works & Engineering Department

Item 6

Discussion ol Liquidity Replacement Items - CUS Commercial Paper Series B-5; CUS VRDBs Series 2004 B-3&B-6 • Kelly Dowe, Director, Finance Department • Jennifer Olenick, Deputy Assistant Director, Finance Department

Item 7

Discussion ol Houston Airport System, Subordinate Lien Revenue Refunding Bonds, Series 2012, Series A, Series \ and Series C • Kelly Dowe, Director, Finance Department • Jennifer Olenick, Deputy Assistant Director, Finance Department

Item 8 (Part 1 of 2)

Citywide ARC Project Status Update • Kelly Dowe, Director, Finance Department • Bruce Haupt, Deputy Assistant Director, Finance Department

Items 8 (Part 2 of 2) & 9

8. Citywide ARC Project Status Update • Kelly Dowe, Director, Finance Department • Bruce Haupt, Deputy Assistant Director, Finance Department 9. Public Comments