Austin Transit Partnership seeking community expert in finance to fill board vacancy

May 2, 2023

FOR IMMEDIATE RELEASE:

The Austin City Council and CapMetro Board of Directors have begun the application process to appoint a new member to the Austin Transit Partnership (ATP) Board of Directors. This member, representing one of three community experts that make up the ATP Board of Director, will fill the vacancy left by Tony Elkins whose resignation was effective April 30, 2023. The board position will provide expertise in finance; and the term is effective from the date of appointment anticipated in August through Jan. 2025.

The Austin Transit Partnership (ATP) was created (by the City of Austin and the Capital Metro Transportation Authority (CapMetro) in December 2020, as the independent entity, accountable and responsible for the financing, design, construction, and implementation of Project Connect – a transformative, voter-approved investment in new transit services that includes Light Rail, MetroRapid Bus Lines, Commuter Rail, and Park and Ride facilities.

The new board member should meet the following criteria:

  • At least 10 years of experience in finance, financial management, banking or investing with a focus on large capital projects.
  • Experience with budgets over $250M and/or comparable academic policy experience.
  • A resident of the City of Austin.

Following the appointment, this board member will work with the Finance and Risk Advisory Committee. FAR is made up of community experts in the field and works to inform decisions made by the ATP board and staff members regarding capital management, risk management, budgets, insurance, treasury management, internal audit, procurement, grants management and real estate.

The following information is required to complete the application process:

  • Resume with information evidencing the above criteria.
  • Letter of interest (maximum 2 pages) detailing relevant experience related to expertise in finance.
  • Service Area, Conflict of Interest & Lobbying Form.

Applicants may also submit an optional Voluntary Self-Identification of Demographic Information form.
To submit an application, the required materials above can be emailed to atpboardapp@atptx.org.
The deadline to submit applications is 5 p.m. on May 22, 2023. The ATP board member
appointment is subject to approval by the nominating committee of the City of Austin and
CapMetro. Qualified applicants may be asked to interview with the nominating committee and
consent to a criminal background investigation.

Information about the Austin Transit Partnership Board of Directors is available at atptx.org/atpleadership.

 

About Austin Transit Partnership

The Austin Transit Partnership (ATP) is the local government corporation responsible for implementing Project Connect and leading Austin Light Rail.

ATP is responsible for the day-to-day implementation, planning, financing, execution and oversight of Austin Light Rail.

In November 2020, Austin voters approved a referendum (“Prop A”) to provide a dedicated revenue stream to fund investments in Project Connect, a program of transit improvements, including Austin Light Rail. More information on the original Proposition can be found at https://www.austintexas.gov/2020PropA

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MEDIA CONTACTS: ECPR Texas

Danielle Kaigler – 617.840.1689

Dennyse Salinas – 956.588.8943