HomeMy WebLinkAbout2009-11-25 - Public Financing Corporation Meeting Minutes
' MINUTES OF THE
YORBA LINDA WATER DISTRICT
PUBLIC FINANCING CORPORATION REGULAR MEETING
November 25, 2009
1. CALL TO ORDER
The November 25, 2009 regular meeting of the Yorba Linda Water District Public
Financing Corporation was called to order by President Summerfield at 9:29 a.m.
The meeting was held at the District's Administrative Office at 1717 E Miraloma
Ave, Placentia CA 92870
2. PLEDGE OF ALLEGIANCE
3. ROLL CALL
DIRECTORS PRESENT STAFF PRESENT
John W Summerfield, President Ken Vecchiarelli, General Manager
William R. Mills, Vice President Pat Grady, Assistant General Manager
Michael J Beverage Steve Conklin, Engineering Manager
Ric Collett Lee Cory, Operations Manager
' Cindy Navaroli, Interim Finance Director
Annie Alexander, Executive Secretary
DIRECTORS ABSENT
Paul R. Armstrong
4. PUBLIC COMMENTS
None.
5. ACTION CALENDAR
5.1. Election of Officers for the Public Financing Corporation
Mr Vecchiarelli explained that the officers of the District also serve as the
officers of the Public Financing Corporation and are updated annually
following the reorganization of the Board of Directors. According to the
Board of Directors' Rules for Organization and Procedure, appointment of
officers for the Public Financing Corporation should be ratified by
resolution, however, this practice had not been observed since December
2003
On a motion by Director Collett, seconded by Director Beverage, the
Board voted 4-0 on a Roll Call to adopt Resolution No. PFC-09-01
' Ratifying the Appointment of Officers of the Yorba Linda Water District
Public Financing Corporation.
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6. ADJOURNMENT '
6.1. The meeting was adjourned at 9,32 a.m.
Ken Vecchiarelli
Secretary
SCANNED
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