HomeMy WebLinkAbout2017-12-12 - Financing Authority Meeting Agenda PacketAGENDA
YORBA LINDA WATER DISTRICT
FINANCING AUTHORITY REGULAR MEETING
Tuesday, December 12, 2017, 6:30 PM
1717 E Miraloma Ave, Placentia CA 92870
1. CALL TO ORDER
1.1. Please note that this meeting will be called to order following consideration of
Item No. 7.1. on the agenda for the Regular Board of Directors Meeting on
December 12, 2017 at 6:30 p.m.
2. ROLL CALL
J. Wayne Miller, President
Al Nederhood, Vice President
Andrew J. Hall, Director
Phil Hawkins, Director
Brooke Jones, Director
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 three
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. 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.
4.2. Minutes of the Financing Authority Special Meeting Held October 24, 2017
Recommendation: That the Board of Directors approve the minutes as presented.
5. ADJOURNMENT
5.1. The next regular meeting of YLWD's Financing Authority is scheduled to be held
Tuesday, December 11, 2018 at 6:30 p.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 12, 2017
To:Board of Directors
From:Marc Marcantonio, General
Manager
Presented By:Marc Marcantonio, General
Manager
Prepared By:Annie Alexander, Executive
Assistant
Subject:Affirmation of Officers for the Financing Authority
STAFF 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.
DISCUSSION:
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
12, 2017, the individuals currently serving 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.
ITEM NO. 4.2
AGENDA REPORT
Meeting Date: December 12, 2017
Subject:Minutes of the Financing Authority Special Meeting Held October 24, 2017
STAFF RECOMMENDATION:
That the Board of Directors approve the minutes as presented.
ATTACHMENTS:
Name:Description:Type:
2017-10-24_-_Minutes_-_FA.doc Minutes Minutes
Minutes of the YLWD Financing Authority Special Meeting Held October 24, 2017 at 6:15 p.m. 1
2017-XXX
MINUTES OF THE
YORBA LINDA WATER DISTRICT
FINANCING AUTHORITY SPECIAL MEETING
Tuesday, October 24, 2017, 6:15 p.m.
1717 E Miraloma Ave, Placentia CA 92870
CALL TO ORDER
The meeting was called to order at 6:19 p.m.
1. ROLL CALL
DIRECTORS PRESENT STAFF PRESENT
J. Wayne Miller, President Brett Barbre, Assistant General Manager
Al Nederhood, Vice President Gina Knight, HR/Risk and Safety Manager
Phil Hawkins, Director Annie Alexander, Executive Assistant
Brooke Jones, Director
DIRECTORS ABSENT
Andrew J. Hall, Director
ALSO PRESENT
Andrew Gagen, Partner, Kidman Law LLP
Daphnie Munoz, Audit and Assurance Partner, White Nelson Diehl Evans
2. PUBLIC COMMENTS
None.
3. ACTION CALENDAR
3.1. Minutes of the Financing Authority Special Meeting Held August 22, 2017
Director Hawkins made a motion, seconded by Director Jones, to approve
the minutes as presented. Motion carried 4-0-0-1 with Director Hall being
absent.
Minutes of the YLWD Financing Authority Special Meeting Held October 24, 2017 at 6:15 p.m. 2
2017-XXX
3.2. Audit Report for Fiscal Year Ending June 30, 2017
Director Hawkins made a motion, seconded by Director Jones, to receive
and file the Comprehensive Annual Financial Report for Fiscal Year
Ending June 30, 2017. Motion carried 4-0-0-1 with Director Hall being
absent.
4. ADJOURNMENT
4.1. The meeting was adjourned at 6:21 p.m.
Annie Alexander
Assistant Board Secretary