HomeMy WebLinkAbout2019-12-10 - Financing Authority Meeting Agenda PacketAGENDA
YORBA LINDA WATER DISTRICT
FINANCING AUTHORITY REGULAR MEETING
Tuesday, December 10, 2019, 6:30 PM
1717 E Miraloma Ave, Placentia CA 92870
1. CALL TO ORDER
1.1. NOTE: This meeting will be called to order following consideration of Item No.
12.1. on the agenda for the Regular Board of Directors Meeting on Tuesday,
December 10, 2019 at 6:30 p.m.
2. ROLL CALL
Brooke Jones, President
Phil Hawkins, Vice President
Andrew J. Hall, Director
J. Wayne Miller, Director
Al Nederhood, Director
3. PUBLIC COMMENTS
Any individual wishing to address the Board or Committee is requested to identify themselves and state
the matter on which they wish to comment. If the matter is on the agenda, the Chair will recognize the
individual for their comment when the item is considered. No action will be taken on matters not listed
on the agenda. Comments are limited to three minutes and must be related to matters of public interest
within the jurisdiction of the Water District. (GC 54954.3)
4.CONSENT CALENDAR
All items on the consent calendar are considered routine and may be approved by a single motion.
There will be no discussion of these items unless a member of the Board, staff, or public requests
separate consideration.
4.1.Minutes of the Financing Authority Regular Meeting Held October 8, 2019
Recommendation: That the Board of Directors approve the minutes as
presented.
4.2.Affirmation of Officers for the Financing Authority
Recommendation: That the Board of Directors affirm the individuals
designated as Chair, Vice Chair, Executive Director, Treasurer, and Secretary
of the Yorba Linda Water District Financing Authority in accordance with the
Joint Exercise of Powers Agreement between the District and the California
Municipal Finance Authority.
5. ADJOURNMENT
5.1. The next regular meeting of the Financing Authority will be held Tuesday,
December 8, 2020 at 6:30 p.m.
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Items Distributed to the Board Less Than 72 Hours Prior to the Meeting
Nonexempt materials related to open session agenda items that are distributed to a majority of the Board or
Committee less than seventytwo (72) hours prior to the meeting will be available for public inspection in the lobby
of the District’s Administrative building located at 1717 East Miraloma Avenue, Placentia CA 92870 during regular
business hours. When practical, these materials will also be available on the District’s website
(http://www.ylwd.com/). (GC 54957.5)
Accommodations for the Disabled
Requests for disabilityrelated modifications or accommodations, including auxiliary aids or services, required for
participation in the above posted meeting should be directed to the Board Secretary at (714) 7013020 at least 24
hours in advance. (GC 54954.2(a))
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ITEM NO. 4.1.
AGENDA REPORT
MEETING DATE:December 10, 2019
TO:Board of Directors
FROM:Marc Marcantonio, General Manager
STAFF CONTACTS:Annie Alexander, Executive Assistant/Board Secretary
SUBJECT:Minutes of the Financing Authority Regular Meeting Held October
8, 2019
RECOMMENDATION:
That the Board of Directors approve the minutes as presented.
ATTACHMENTS:
1.Draft Meeting Minutes
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Minutes of the YLWD Financing Authority Regular Meeting Held October 8, 2019 at 6:30 p.m.1
FA-2019-XXX
MINUTES OF THE
YORBA LINDA WATER DISTRICT
FINANCING AUTHORITY REGULAR MEETING
Tuesday, October 8, 2019, 6:30 p.m.
1717 E Miraloma Ave, Placentia CA 92870
1.CALL TO ORDER
The meeting was called to order at 7:04 p.m.
2.ROLL CALL
DIRECTORS PRESENT STAFF PRESENT
Brooke Jones, President Marc Marcantonio, General Manager
Phil Hawkins, Vice President Brett Barbre, Assistant General Manager
Andrew J. Hall John DeCriscio, Operations Manager
J. Wayne Miller, PhD Gina Knight, Human Resources and Risk Manager
Al Nederhood Delia Lugo, Finance Manager
Pasquale Talarico, Director of Public Affairs
Rosanne Weston, Engineering Manager
Divya Agrawalla, Principal Engineer
Annie Alexander, Executive Asst/Board Secretary
Anthony Manzano, Senior Project Manager
ALSO PRESENT
Andrew Gagen, General Counsel, Kidman Gagen Law LLP
Carlos Rodriguez, Councilmember, City of Yorba Linda
Daphne Munoz, Audit and Assurance Partner, White Nelson Diehl Evans
3.PUBLIC COMMENTS
None.
4.ACTION CALENDAR
4.1.Minutes of the Financing Authority Regular Meeting Held December 11, 2018
Director Hawkins made a motion, seconded by Director Miller, to approve the
minutes as presented. Motion carried 5-0-0-0.
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Minutes of the YLWD Financing Authority Regular Meeting Held October 8, 2019 at 6:30 p.m.2
FA-2019-XXX
4.2.Audit Report for Fiscal Year Ending June 30, 2019
Staff noted this report was associated with the Financing Authority’s
Revenue Bonds.
Director Hawkins made a motion, seconded by Director Miller, to receive
and file the Yorba Linda Water District Financing Authority Comprehensive
Annual Financial Report for Fiscal Year Ending June 30, 2019. Motion
carried 5-0-0-0.
5.ADJOURNMENT
5.1.The meeting adjourned at 7:07 p.m.
Annie Alexander
Board Secretary
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ITEM NO. 4.2.
AGENDA REPORT
MEETING DATE:December 10, 2019
TO:Board of Directors
FROM:Marc Marcantonio, General Manager
STAFF CONTACTS:Annie Alexander, Executive Asst / Board Secretary
SUBJECT:Affirmation of Officers for the Financing Authority
RECOMMENDATION:
That the Board of Directors affirm the individuals designated as Chair, Vice Chair, Executive
Director, Treasurer, and Secretary of the Yorba Linda Water District Financing Authority in
accordance with the Joint Exercise of Powers Agreement between the District and the
California Municipal Finance Authority.
BACKGROUND:
Pursuant to the Joint Exercise of Powers Agreement (Agreement) between YLWD and the
California Municipal Finance Authority, the President and Vice President of the District's Board
of Directors shall serve as the Chair and Vice Chair of the Financing Authority. As YLWD's
President and Vice President are to be elected annually at the District's reorganization
meeting on December 10, 2019, the individuals currently service in these offices may change.
Additionally, the Agreement establishes the offices of Executive Director, Treasurer, and
Secretary, which are held by the persons serving as the District's General Manager, Finance
Manager, and Executive Assistant respectively. While the individuals serving in these
positions have not changed, the Board may wish to affirm their appointment as a matter of
form.
The powers and duties of the above mentioned officers are set forth in the Agreement and are
similar to those in County Water District Law and the Board of Directors' Policies and
Procedures.
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