HomeMy WebLinkAbout2004-12-09 - Public Financing Corporation Meeting MinutesITEM NO. 3
Draft Minutes of the
YORBA LINDA WATER DISTRICT
PUBLIC FINANCING CORPORATION
BOARD OF DIRECTORS ANNUAL MEETING
December 9, 2004,11:52 A.M.
APPROVED BY THE BOARD OF DIRECTORS
OF THE YORBA LINDAWATER DISTRICT
DEC 2 2 2005
BY X"w .
The December 9, 2004 annual meeting of the Yorba Linda Water District Board of
Directors was called to order by President William Mills at 11:52 a.m. The meeting was
held at District Headquarters, 4622 Plumosa Drive, Yorba Linda.
DIRECTORS PRESENT AT ROLL CALL
William R. Mills Jr., President
Michael J. Beverage, Vice President
Paul R. Armstrong
Ric Collett
John W. Summerfield
STAFF PRESENT
Michael A. Payne, General Manager
Kenneth Vecchiarelli, Assistant GM
Arthur G. Kidman, District General Counsel
ANNUAL REORGANIZATION OF THE BOARD OF DIRECTORS
1. Appoint Officers for the Yorba Linda Water District Public Financing Corporation.
On a motion by Director Summerfield, seconded by Director Armstrong, the Board
of Directors voted 5-0 to appoint the Yorba Linda Water District officers to the same
positions on the Yorba Linda Water District Public Financing Corporation.
Director Collett stated he would abstain from voting to approve the Consent Calendar as
he was not a member of the Board of Directors on December 23, 2003.
CONSENT CALENDAR (Items 2 throuqh 2)
2. Minutes of the Annual Meeting of the Board of Directors for the Yorba Linda Water
District Public Financing Corporation held December 23, 2003.
On a motion by Director Mills, seconded by Vice President Armstrong, the Board of
Directors voted 4-0-1, with Director Collett abstaining, to approve the minutes of
the Annual Meeting held December 23, 2003.
ADJOURNMENT
At 11:57 a.m. on a motion by Director Mills, seconded by Director Summerfield, the
Board of Directors voted 5-0 to adjourn to an annual meeting of the Board scheduled for
Thursday, December 22, 2005 at 8:30 a.m., at the District Headquarters, 4622 Plumosa
Drive.