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HomeMy WebLinkAbout2011-12-08 - Public Financing Corporation Meeting Minutes PFC-201 1-01 MINUTES OF THE YORBA LINDA WATER DISTRICT PUBLIC FINANCING CORPORATION REGULAR MEETING December 8, 2011 1. CALL TO ORDER The December 8, 2011 regular meeting of the Yorba Linda Water District Public Financing Corporation was called to order at 9:43 a.m. The meeting was held at the District's Administrative Office at 1717 E Miraloma Ave, Placentia CA 92870. 2. ROLL CALL DIRECTORS PRESENT STAFF PRESENT Michael J. Beverage Ken Vecchiarelli, General Manager Phil Hawkins Steve Conklin, Engineering Manager Ric Collett Gina Knight, Human Resources Manager Robert R. Kiley Stephen Parker, Finance Manager Gary T. Melton Art Vega, Interim IT Manager Damon Micalizzi, Public Information Officer Annie Alexander, Executive Secretary OTHER ATTENDEES Art Kidman, General Counsel, Kidman Behrens & Tague LILP Andrew Gagen, Associate, Kidman Behrens & Tague LLP Alissa Hawkins Mark Schock 3. PUBLIC COMMENTS None. 4. ACTION CALENDAR 4.1. Election of Officers for the Public Financing Corporation Mr. Vecchiarelli explained that in accordance with the Board of Directors' Rules for Organization and Procedure, the officers of the District would also serve as the officers of the Public Financing Corporation, Mr. Vecchiarelli further explained that while ratification of this action by resolution is no longer required, a vote of the Board is still considered necessary. Director Beverage made a motion, seconded by Director Melton, to (1) elect Director Hawkins as President and Director Melton as Vice President of the Public Financing Corporation, and (2) appoint Ken Vecchiarelli as Secretary, Annie Alexander as Assistant Secretary, and Stephen Parker as Treasurer of the Public Financing Corporation. Motion carried 5-0. 1 PFC-2011-02 4.2. Minutes of the Regular Public Financing Corporation Meeting Held December 9, 2010 Director Beverage made a motion, seconded by Director Kiley, to approve the minutes as presented. Motion carried 5-0. 5. ADJOURNMENT 5.1. The meeting was adjourned at 9:46 a.m, The next regular meeting of the Public Financing Corporation will be held December 13, 2012 at 8:30 a.m. Annie, Alexander Assistant Board Secretary 2