HomeMy WebLinkAbout2010-12-09 - Public Financing Corporation Meeting Agenda Packet
Yorba Linda
Water District
AGENDA
YORBA LINDA WATER DISTRICT
PUBLIC FINANCING CORPORATION REGULAR MEETING
Thursday, December 9, 2010, 8:30 AM
1717 E Miraloma Ave, Placentia CA 92870
1. CALL TO ORDER
1.1. PLEASE NOTE THAT THIS MEETING WILL BEGIN IMMEDIATELY FOLLOWING
THE REGULAR BOARD MEETING
2. ROLL CALL
3. PUBLIC COMMENTS
Any individual wishing to address the Board is requested to identify themselves and state the matter on which
they wish to comment. If the matter is on the agenda, the Board 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 matters of public interest and matters within the jurisdiction of the Water District. Comments are limited to five
minutes.
4. ACTION CALENDAR
This portion of the agenda is for items where staff presentations and Board discussions are needed prior to
formal Board action.
4.1. Election of Officers for the Public Financing Corporation
Recommendation: That the Board of Directors adopt Resolution No. PFC-10-03
Ratifying the Appointment of Officers of the Yorba Linda Water District Public
Financing Corporation.
4.2. Minutes of the Special Public Financing Corporation Meeting Held June 10, 2010
Recommendation: That the Board of Directors approve the minutes as presented.
5. ADJOURNMENT
5.1. The next regular meeting of the Public Financing Corporation will be held December 8,
2011 at 8:30 a. m.
Items Distributed to the Board Less Than 72 Hours Prior to the Meeting
Pursuant to Government Code section 54957.5, non-exempt public records that relate to open session agenda items
and are distributed to a majority of the Board less than seventy-two (72) hours prior to the meeting will be available for
public inspection in the lobby of the District's business office located at 1717 E. Miraloma Avenue, Placentia, CA 92870,
during regular business hours. When practical, these public records will also be made available on the District's internet
website accessible at http://www.ylwd.com/.
Accommodations for the Disabled
Any person may make a request for a disability-related modification or accommodation needed for that person to be
able to participate in the public meeting by telephoning the Executive Secretary at 714-701-3020, or writing to Yorba
Linda Water District, P.O. Box 309, Yorba Linda, CA 92885-0309. Requests must specify the nature of the disability and
the type of accommodation requested. A telephone number or other contact information should be included so the
District staff may discuss appropriate arrangements. Persons requesting a disability-related accommodation should
make the request with adequate time before the meeting for the District to provide the requested accommodation.
ITEM NO. 4.1
AGENDA REPORT
Meeting Date: December 9, 2010 Budgeted: N/A
Total Budget: N/A
To: Board of Directors Cost Estimate: N/A
Funding Source: N/A
From: Ken Vecchiarelli, General Account No: N/A
Manager
Job No: N/A
Presented By: Ken Vecchiarelli, General Dept: Administration
Manager
Reviewed by Legal: N/A
Prepared By: Annie Alexander, Executive CEQA Compliance: N/A
Secretary
Subject: Election of Officers for the Public Financing Corporation
STAFF RECOMMENDATION:
That the Board of Directors adopt Resolution No. PFC-10-03 Ratifying the Appointment of Officers
of the Yorba Linda Water District Public Financing Corporation.
DISCUSSION:
Pursuant to the Board of Directors' Rules for Organization and Procedure (Resolution No. 07-16),
the officers of the District shall also serve as the officers of the Public Financing Corporation and
are to be updated annually following the reorganization of the Board of Directors.
PRIOR RELEVANT BOARD ACTION(S):
On March 11, 2010 the Board of Directors appointed the following as Corporate Officers of the
Public Financing Corporation:
William R. Mills President
Michael J. Beverage Vice President
Ken Vecchiarelli Secretary
Pat Grady Assistant Secretary
Stephen Parker Treasurer
ATTACHMENTS:
Name: Description: Type:
Resolution PFC 10-03.doc Resolution No. PFC-10-03 Resolution
Approved by the Board of Directors of the
Yorba Linda Water District
12/9/2009
PH/GM 5-0 Roll Gall
Appointed Director Beverage as President,
Director Hawkins as Vice President, Ken
Vecchiarelli as Secretary, Pat Grady as
Assistant Secretary, and Stephen Parker as
Treasurer.
RESOLUTION NO. PFC 10-03
RESOLUTION OF THE BOARD OF DIRECTORS OF
OF THE YORBA LINDA WATER DISTRICT
PUBLIC FINANCING CORPORATION
RATIFYING THE APPOINTMENT OF OFFICERS
WHEREAS, the Board of Directors shall hold an annual meeting for the purpose of
organization and the transaction of other business; and
WHEREAS, the Board of Directors is desirous of ratifying its appointment of officers of
the Corporation;
NOW THEREFORE BE IT RESOLVED by the Board of Directors of the Corporation as
follows:
Section 1. Each of the foregoing recitals is true and correct.
Section 2. The following persons are hereby appointed to the offices of the
Corporation indicated opposite their names, and each such person is to
serve in accordance with the Bylaws of the Corporation:
Name Office
President
Vice President
Secretary
Assistant Secretary
Treasurer
PASSED AND ADOPTED this 9th day of December 2010, by the following called vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
President
Yorba Linda Water District
ATTEST:
Ken Vecchiarelli, Secretary
Yorba Linda Water District
Resolution No. PFC 10-03 Ratifying the Appointment of Officers of the YLWD Public Financing Corporation 1
ITEM NO. 4.2
AGENDA REPORT
Meeting Date: December 9, 2010
Subject: Minutes of the Special Public Financing Corporation Meeting Held June 10,
2010
STAFF RECOMMENDATION:
That the Board of Directors approve the minutes as presented.
ATTACHMENTS:
Name: Description: Type:
061010 PFC - Minutes.doc PFC Mtg Minutes 06/10/10 Minutes
Approved by the Board of Directors of the
Yorba Linda Water District
12/9/2010
PH/RK 5-0
MINUTES OF THE
YORBA LINDA WATER DISTRICT
PUBLIC FINANCING CORPORATION SPECIAL MEETING
June 10, 2010
1. CALL TO ORDER
The June 10, 2010 special meeting of the Yorba Linda Water District Public
Financing Corporation was called to order by Vice President Beverage at 8:57
a.m. The meeting was held at the District's Administrative Office at 1717 E
Miraloma Ave, Placentia CA 92870.
2. ROLL CALL
DIRECTORS PRESENT STAFF PRESENT
Michael J. Beverage, Vice President Ken Vecchiarelli, General Manager
Ric Collett Pat Grady, Assistant General Manager
John W. Summerfield Art Kidman, Legal Counsel
Steve Conklin, Engineering Manager
Lee Cory, Operations Manager
Gina Knight, HR Manager
Stephen Parker, Finance Director
Damon Micalizzi, PI Specialist
Annie Alexander, Executive Secretary
DIRECTORS ABSENT
William R. Mills, President
Phil Hawkins
OTHER VISITORS
Laurie Ellen Park, Associate, McCormick, Kidman & Behrens
3. PUBLIC COMMENTS
None.
4. ACTION CALENDAR
4.1. Minutes of the Public Financing Corporation Special Meeting Held March
11, 2010
On a motion by Director Collett, seconded by Director Summerfield, the
Board voted 3-0 with Directors Hawkins and Mills absent, to approve the
minutes as presented.
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4.2. Amendments to the Public Financing Corporation's Conflict of Interest
Code
Mr. Vecchiarelli explained that the Clerk of the Orange County Board of
Supervisors had requested that the District amend the conflict of interest
code for the Public Financing Corporation to conform to a standardized
format.
On a motion by Director Collett, seconded by Director Summerfield, the
Board voted 3-0 on a Roll Call with Directors Hawkins and Mills absent, to
approve Resolution No. PFC-10-02 Adopting a Conflict of Interest Code
for the Yorba Linda Water District Public Financing Corporation.
5. ADJOURNMENT
5.1. The meeting was adjourned at 8:59 a.m. The next regular meeting of the
Public Financing Corporation will be held December 9, 2010 at 8:30 a.m.
Ken Vecchiarelli
Board Secretary
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