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HomeMy WebLinkAbout2022-12-13 - Financing Authority Meeting Agenda Packet AGENDA YORBA LINDA WATER DISTRICT FINANCING AUTHORITY REGULAR MEETING Tuesday, December 13, 2022, 6:30 PM 1717 E Miraloma Ave, Placentia CA 92870 1. PARTICIPATION INSTRUCTIONS Due to the continuing state of emergency declared by the California Governor related to preventing the spread of Coronavirus (COVID-19), and pursuant to California Government Code Section 54953(e), this meeting will be facilitated in a hybrid format. As such, Directors and members of the public may choose to participate in person or by video/teleconference. Information for accessing this meeting by telephone or internet-based service is provided below. For questions regarding participation, please call the Board Secretary at (714) 701-3020. Computer/Mobile Device: https://us06web.zoom.us/j/87908142601 Telephone: (669) 900-6833 or (346) 248-7799 Meeting ID: 879 0814 2601 2. CALL TO ORDER 2.1. NOTE: This meeting will be called to order following consideration of Item No. 6.2. on the agenda for the Regular Board of Directors Meeting on Tuesday, December 13, 2022 at 6:30 p.m. 3. ROLL CALL 4. 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) 5. 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. 5.1. Minutes of the Financing Authority Regular Meeting Held October 24, 2022 Recommendation: That the Board of Directors approve the minutes as presented. 5.2. 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. 6. ADJOURNMENT 6.1. The next annual meeting of the Financing Authority is scheduled Tuesday, Page 1 of 6 December 12, 2023 at 6:30 p.m. Items Distributed to the Board Less Than 72 Hours Prior to the Meeting Non-exempt materials related to open session agenda items that are distributed to a majority of the Board of Directors (or Committee Members) less than seventy-two (72) hours prior to the meeting will be available for public inspection in the lobby of the District’s Administrative building located at 1717 E Miraloma Ave, Placentia CA 92870 during regular business hours. When practical, these materials will also be posted on the District’s website at https://ylwd.com/. (GC 54957.5) Accommodations for the Disabled Requests for disability-related 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) 701-3020 at least 24 hours in advance. (GC 54954.2(a)) Page 2 of 6 ITEM NO. 5.1. AGENDA REPORT MEETING DATE: December 13, 2022 TO: Board of Directors FROM: Mark Toy, General Manager STAFF CONTACTS: Annie Alexander, Senior Executive Assistant / Board Secretary SUBJECT: Minutes of the Financing Authority Regular Meeting Held October 24, 2022 RECOMMENDATION: That the Board of Directors approve the minutes as presented. ATTACHMENTS: 1. Draft Meeting Minutes Page 3 of 6 Minutes of the Financing Authority Regular Meeting Held October 24, 2022 at 5:30 p.m. 1 FA-2022-XXX MINUTES OF THE YORBA LINDA WATER DISTRICT FINANCING AUTHORITY REGULAR MEETING Monday, October 24, 2022, 5:30 p.m. 1717 E Miraloma Ave, Placentia CA 92870 1. PARTICIPATION INSTRUCTIONS Were included on the agenda. 2. CALL TO ORDER The meeting was called to order at 5:59 p.m. 3. ROLL CALL DIRECTORS PRESENT STAFF PRESENT J. Wayne Miller, PhD, President Mark Toy, General Manager Brooke Jones, Vice President Doug Davert, Assistant General Manager Trudi DesRoches John DeCriscio, Operations Manager Tom Lindsey Gina Knight, Human Resources/Risk Manager Delia Lugo, Finance Manager DIRECTORS ABSENT Rosanne Weston, Engineering Manager Phil Hawkins Alison Martin, Public Affairs Manager Annie Alexander, Board Secretary Sophia Phuong, Senior Accountant ALSO PRESENT Andrew Gagen, General Counsel, Kidman Gagen Law LLP 4. PUBLIC COMMENTS None. 5. CONSENT CALENDAR Director Lindsey made a motion, seconded by Director DesRoches, to approve the Consent Calendar. Motion carried 4-0-0-1 on a roll call vote with Director Hawkins absent. 5.1.Minutes of the Financing Authority Regular Meeting Held July 12, 2022 Recommendation: That the Board of Directors approve the minutes as presented. Page 4 of 6 Minutes of the Financing Authority Regular Meeting Held October 24, 2022 at 5:30 p.m. 2 FA-2022-XXX 6. ACTION CALENDAR 6.1.Audit Report for Fiscal Year Ended June 30, 2022 President Miller opened the floor to public comment on this item for which there was none. Director Jones made a motion, seconded by Director DesRoches, to receive and file the Yorba Linda Water District Financing Authority Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2022. Motion carried 4-0-0-1 on a roll call vote with Director Hawkins absent. 7. ADJOURNMENT 7.1.Director Lindsey made a motion, seconded by Director Jones, to adjourn the meeting at 6:02 p.m. Motion carried 4-0-0-1 on a roll call vote with Director Hawkins absent. Annie Alexander Board Secretary Page 5 of 6 ITEM NO. 5.2. AGENDA REPORT MEETING DATE: December 13, 2022 TO: Board of Directors FROM: Mark Toy, General Manager STAFF CONTACTS: Annie Alexander, Senior Executive Assistant / 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. YLWD's President and Vice President for the next calendar year will be determined at the District's reorganization meeting on Tuesday, December 13, 2022. 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 Senior Executive Assistant respectively. 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. Staff recommends the Board affirm the FInancing Authority's new President and Vice President as determined during the District's reorganization meeting in addition to affirming the following appointments: General Manager as Executive Director, Finance Manager as Treasurer, and Board Secretary as Secretary. Page 6 of 6