HomeMy WebLinkAbout2008-12-11 - Public Financing Corporation Meeting Agenda PacketAgenda Packet
Regular Meeting of the
Yorba Linda Water District
Board of Directors
and
Annual Meeting of the
Yorba Linda Water District
Public Financing Corporation
December 11, 2008
6:30 p.m.
1717 E. Miraloma Avenue, Placentia, CA 92870
Yorba Linda
Water District
ORiGINA-
4. Board of Directors Committee Assignments
Recommendation: That the incoming Board President solicit information
from other Board members regarding their interest in serving on the
various Standing and Ad Hoc Committees and make appointments in
January 2009.
5. Board of Directors Compensation
Recommendation: Consider adjustments to the Board of Director's
Compensation for 2009.
ADJOURN TO THE ANNUAL PUBLIC FINANCING CORPORATION MEETING
ROLL CALL
John W. Summerfield, President
William R. Mills, Vice President
Paul R. Armstrong
Michael J. Beverage
Ric Collett
INTRODUCTION OF VISITORS AND 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 this 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 this agenda. Comments are limited to matters of
public interest and matters within the jurisdiction of the Water District. Comments are limited to five minutes.
ANNUAL REORGANIZATION OF THE BOARD OF DIRECTORS
6. Reorganization of the Board of Directors to Select a President, Vice President
and Appoint Corporate Officers
Recommendation: Elect a President and Vice President and appoint the
following Corporate Officers:
Secretary: Kenneth R. Vecchiarelli, Assistant General Mgr
Assistant Secretary: Pat Grady, Information Technology Director
Auditor. Diane Cyganik, Finance Director
ADJOURN TO THE BOARD OF DIRECTORS REGULAR MEETING
CONSENT CALENDAR
All items listed on the consent calendar are considered to be routine matters, status reports, or documents covering
previous Board instructions. The items listed on the consent calendar may be enacted by one motion. There will be
no discussion on the items unless a member of the Board, the staff, or the public requests further consideration.
7. Minutes of the Regular Board of Directors Meeting held October 9, 2008
Recommendation: Approve the minutes as amended.
8. Minutes of the Regular Board of Directors Meeting Held October 23, 2008
Recommendation: Approve the minutes as presented.
9. Minutes of the Regular Board of Directors Meeting Held November 26, 2008
Recommendation: Approve the minutes as presented.
2
ITEM NO. 67
AGENDA REPORT
Board Meeting Date: December 11, 2008
To: Board of Directors
From: Ken Vecchiarelli, Assistant General Manager
Staff Contact:
Reviewed by General Counsel: Yes Budgeted: N/A
Funding Source:
CEQA Account No:
Compliance: N/A Estimated Costs: N/A
Subject: Election of Officers for the Public Financing Corporation
APPROVED BY THE BOAAD I JIRKMRS
OF THE YORBA LINDA WATER DISTRICT
DEC 1 1 2 J~1~4
BY 4W
ec~
Total Budget:
Job No:
Dept: Admin
SUMMARY:
Pursuant to the Board of Directors Rules for Organization and Procedure, as adopted in
November 2007, a President of the Board and a Vice-President shall be elected annually at the
District's reorganization meeting held at the first regular meeting of the Board in December of
every year. In addition, the officers of the Public Financing Corporation shall also be appointed
at this meeting.
DISCUSSION:
The Board of Directors of the Yorba Linda Water District shall serve as officers of the Yorba
Linda Water District Public Financing Corporation. The officers of the Corporation shall be
updated annually at the District's reorganization meeting held at the first regular meeting of the
Board in December. The person serving as the President of the Governing Board of the District
shall serve as the President of the Corporation. The person serving as Vice President of the
Governing Board of the District shall serve as Vice President of the Corporation. The person
serving as Board Secretary to the Governing Board of the District shall serve as Secretary of the
Corporation. The person serving as the Auditor of the District shall serve as Treasurer of the
Corporation.
PRIOR RELEVANT BOARD ACTION(S):
On December 13, 2007, the Board of Directors nominated Director Summerfield as President
and Director Mills as Vice President of the Board of Directors. In addition, the Board appointed
Michael A. Payne, General Manager as Secretary; Assistant General Manager Kenneth R.
Vecchiarelli as Assistant Secretary; and Finance Director Diane Cyganik as Auditor.
STAFF RECOMMENDATION:
The Board of Directors elects a President and a Vice President and appoints the following
individuals as Corporate Officers for the Public Financing Corporation:
Secretary Kenneth R. Vecchiarelli, Assistant General Manager
Assistant Secretary Pat Grady, Information Technology Director
Auditor Diane Cyganik, Finance Director