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HomeMy WebLinkAbout2017-10-10 - Board of Directors Meeting Minutes (B) 2017-203 MINUTES OF THE YORBA LINDA WATER DISTRICT BOARD OF DIRECTORS REGULAR MEETING Tuesday, October 10, 2017, 6:30 p.m. 1717 E Miraloma Ave, Placentia CA 92870 1. CALL TO ORDER The meeting was called to order at 6:37 p.m. 2. PLEDGE OF ALLEGIANCE 3. ROLL CALL DIRECTORS PRESENT STAFF PRESENT J. Wayne Miller, President Marc Marcantonio, General Manager Al Nederhood, Vice President Brett Barbre, Assistant General Manager Andrew J. Hall, Director Steve Conklin, Engineering Manager Brooke Jones, Director John DeCriscio, Operations Manager Gina Knight, HR/Risk and Safety Manager DIRECTORS ABSENT Delia Lugo, Finance Manager Phil Hawkins, Director Annie Alexander, Executive Assistant Rick Walkemeyer, IS Administrator Kaden Young, Management Analyst ALSO PRESENT Andrew Gagen, Partner, Kidman Law LLP Tom Lindsey, Councilmember, City of Yorba Linda Jennifer Meza, Senior Client Services Coordinator, Public Agency Retirement Systems 4. ADDITIONS/DELETIONS TO THE AGENDA None. 5. INTRODUCTIONS AND PRESENTATIONS The following items were taken out of order. 5.2. Elected Official Liaison Reports Councilmember Tom Lindsey commented on a recent wildfire and commended District staff for their preparation efforts. He also commented Minutes of the YLWD Board of Directors Regular Meeting Held October 10, 2017 at 6:30 p.m. 1 2017-204 on an upcoming public hearing and landscaping assessment ballot as well his attendance at MWDSC's recent infrastructure inspection tour. Assistant General Manager Brett Barbre, in his role as Director for MWDSC and MWDOC, reported on MWDSC's recent vote in favor of the California WaterFix. He also commented on the status of litigation with the San Diego County Water Authority. Discussion followed regarding the cost and financing for construction projects associated with the California WaterFix. 5.1. Introduction of Newly Hired Employees General Manager Marc Marcantonio introduced Kaden Young, newly hired Management Analyst. 6. PUBLIC COMMENTS Jeff Decker (resident) commented on documents he obtained from YLWD's website related to the District's credit ratings from Fitch and Standard & Poors. He also provided suggestions for interfacing with Fitch. 7. CONSENT CALENDAR Vice President Nederhood stated he had a question on Item No. 7.4. and Director Hall stated he had a correction on Item No. 7.3. Director Jones made a motion, seconded by Director Hall, to approve Item Nos. 7.1., 7.2., and 7.5. Motion carried 4-0-0-1 with Director Hawkins being absent. 7.1. Minutes of the Board of Directors Regular Meeting Held August 8, 2017 Recommendation: That the Board of Directors approve the minutes as presented. 7.2. Minutes of the Board of Directors Regular Meeting Held August 22, 2017 Recommendation. That the Board of Directors approve the minutes as presented. Minutes of the YLWD Board of Directors Regular Meeting Held October 10,2017 at 6:30 p.m. 2 2017-205 7.5. Renewal of Auto and General Liability Insurance Policy with Association of California Water Agencies Joint Powers Insurance Authority (ACWA-JPIA) Recommendation: That the Board of Directors approve payment to ACWA-JPIA in the amount of $227,720.17 for renewal of the District's auto and general liability insurance policy through October 1, 2018. Director Hall requested that the name "Daniel" be corrected to "Danielle" in the minutes for the August 24, 2017 workshop meeting. Vice President Nederhood asked if costs associated with the purchase of computer servers would be capitalized. Staff responded affirmatively. Director Hall made a motion, seconded by Director Jones, to approve Item No. 7.3. as corrected and Item No. 7.4. Motion carried 4-0-0-1 with Director Hawkins being absent. 7.3. Minutes of the Board of Directors Workshop Meeting Held August 24, 2017 Recommendation: That the Board of Directors approve the minutes as presented. 7.4. Payments of Bills, Refunds, and Wire Transfers Recommendation: That the Board of Directors ratify and authorize disbursements in the amount of$2,421,892.14. 8. ACTION CALENDAR 8.1. Establishing Public Agency Retirement Services (PARS) Public Agencies Post-Employment Benefits Trust and Adopting Pay Down Schedules for the District's Other Post Employment Benefits (OPEB) and Public Employees' Retirement System (PERS) Liabilities Staff reviewed the purpose of this item and associated recommendations. Discussion followed regarding the District's OPEB and PERS liabilities, financial benefits provided by establishing a trust account with PARS, the District's Annual Required Contribution (ARC) for OPEB liabilities, funds being utilized to open the trust account, actuarial valuation of the District's OPEB liability, management of investments with PARS, and PARS' organizational structure. Jennifer Meza from PARS reviewed the organizations services, operations, and primary contacts. Minutes of the YLWD Board of Directors Regular Meeting Held October 10, 2017 at 6:30 p.m. 3 2017-206 Staff noted that General Counsel had reviewed the draft agreement and provided suggested revisions to PARS. Ms. Meza also reviewed PARS' service fees, required financial reporting of pension liabilities, and investment strategies. Discussion continued regarding the amount budgeted for this fiscal year's ARC payment and including it with the funds being utilized to open the trust account. Selection of the investment strategy will be discussed in a future workshop meeting. Director Hall made a motion, seconded by Director Nederhood to: (1) approve Resolution No. 17-32 adopting the Public Agencies Post- Employment Benefits Trust administered by PARS, subject to review as to form by General Counsel; (2) direct staff to make a payment in the amount of $471,599 in order to open the PARS account; and (3) adopt a 5 year pay down schedule for the District's OPEB liabilities, beginning July 1, 2017, in the amount of $377,239. Motion carried 4-0-0-1 on a Roll Call with Director Hawkins being absent. Discussion ensued regarding the District's projected PERS liabilities, pay down schedule options, associated investment return on contributions, and ability to adjust the selected pay down schedule. Staff noted that a formal policy for pay down of the District's OPEB and PERS liabilities would be presented for consideration at the next regular meeting. Director Nederhood made a motion, seconded by Director Miller, to adopt a 10 year pay down schedule for the District's PERS liabilities beginning July 1, 2018; and (2) direct staff to prepare a policy with pay down schedules for the District's OPEB and PERS liabilities for consideration at the October 24, 2017 regular meeting. Motion carried 4-0-0-1 with Director Hawkins being absent. 8.2. Construction Contract for the Drilling of Well 22 Staff explained that bids were received from five contractors for this project. Following review and tabulation of the bid documents, staff recommended award to Bakersfield Well & Pump Company. Discussion regarding next phases of the project followed. Jeff Decker (resident) commented on the District's Capital Improvement Plan (CIP) and total budget for the project. Minutes of the YLWD Board of Directors Regular Meeting Held October 10,2017 at 6:30 p.m. 4 2017-207 Director Hall made a motion, seconded by Director Miller, to award the Construction Contract for the Drilling of Well 22 to Bakersfield Well & Pump Company for $676,629.90, Job No. J2009-22 #22. Motion carried 4-0-0-1 with Director Hawkins being absent. 8.3. Waterline Replacement for Tract 15199 at the Northwest Corner of La Palma Ave and Camino de Bryant Staff explained that $50K was included in the FY18 budget to begin the design work for this project. Construction was scheduled to take place during FY19 for an estimated cost of $850K. Due to the number of main breaks in recent years and the City's planned repaving of the affected streets, staff recommended the entire project be completed this year in order to minimize resident inconvenience. Discussion ensued regarding issues with the pipeline material and aggressive soils. Staff noted the City was willing to delay repaving the affected streets to accommodate completion of the project. Discussion continued regarding any existing warranty on the pipeline material, estimated paving costs, and community outreach efforts. Director Hall made a motion, seconded by Director Miller, to authorize staff to proceed with replacement of approximately 2,300 feet of waterline within Tract 15199 for an estimated cost of $900,000. Motion carried 4-0-0-1 with Director Hawkins being absent. 9. DISCUSSION ITEMS 9.1. Budget to Actual Reports for the Month Ending August 31, 2017 Staff reviewed key information contained in the reports. Discussion focused on cumulative volumetric water revenue, significant previous/planned expenditures, and water production/consumption trends and projections. 9.2. Cash and Investment Report for Period Ending August 31, 2017 Staff briefly reviewed the report and touched on the total average yield, days of cash on hand, and a recent debt service payment. Minutes of the YLWD Board of Directors Regular Meeting Held October 10, 2017 at 6:30 p.m. 5 2017-208 10. REPORTS, INFORMATION ITEMS, AND COMMENTS 10.1. Directors' Reports Vice President Nederhood reported on a tour he had attended with Director Jones of the District's sewer collection system. He also commended staff on their preparation efforts during the most recent wildfire. 10.2. General Manager's Report General Manager Marcantonio summarized staff's preparation efforts during the most recent wildfire. He noted the District's Emergency Operations Center had been activated primarily as a training exercise and reported on the fire's status. He then asked each of the managers (or their designee) to report on activities within their respective departments. 10.3. General Counsel's Report None. 10.4. Future Agenda Items and Staff Tasks None. 11. COMMITTEE REPORTS 11.1. Interagency Committee with MWDOC and OCWD (Miller/Nederhood) ■ Minutes of the meeting held September 28, 2017 at 4:00 p.m. were provided in the agenda packet. • Next meeting is scheduled November 20, 2017 at 4:00 p.m. 11.2. Joint Agency Committee with City of Yorba Linda (Miller/Hawkins) ■ Minutes of the meeting held September 18, 2017 at 4:00 p.m. will be provided when available. ■ Next meeting is scheduled December 18, 2017 at 4:00 p.m. at YL City Hall. Minutes of the YLWD Board of Directors Regular Meeting Held October 10, 2017 at 6:30 p.m. 6 2017-209 11.3. Joint Agency Committee with City of Placentia (Miller/Nederhood) ■ Next meeting yet to be scheduled. 12. INTERGOVERNMENTAL MEETINGS 12.1 YL Mayor's Prayer Breakfast— September 14, 2017 (Jones/Miller/Nederhood) 12.2 ACWA Region 5 Tour— September 17, 2017 (Jones) 12.3. YL City Council — September 19, 2017 (Hall) 12.4. MWDOC — September 20, 2017 (Nederhood) 12.5. SDLA Governance Foundations Workshop — September 25, 2017 (Hall) 12.6. ISDOC Executive Committee — October 3, 2017 (Nederhood) 12.7. YL City Council — October 3, 2017 (Jones) 12.8. MWDOC Board — October 4, 2017 (Nederhood) 12.9. OCSD Operations Committee — October 4, 2017 (Jones) 12.10. MWDSC Infrastructure Inspection Trip — October 6, 2017 (Jones/Nederhood) 13. BOARD OF DIRECTORS ACTIVITY CALENDAR 13.1. Meetings from October 11 — December 31, 2017 14. CONFERENCES, SEMINARS, AND SPECIAL EVENTS 14.1. MWDSC Infrastructure Inspection Trip — October 6, 2017 MWDOC Elected Officials' Forum — November 2, 2017 Director Hall made a motion, seconded by Director Miller, to ratify and/or approve Director attendance at these events if desired. Motion carried 4-0-0-1 with Director Hawkins being absent. General Manager Marcantonio noted that some Directors would not be in attendance at the second regular meeting in December which was recently rescheduled to Wednesday, December 27, 2017. He suggested the Board consider meeting on another date or cancelling the meeting. Minutes of the YLWD Board of Directors Regular Meeting Held October 10, 2017 at 6:30 p.m. 7 2017-210 Following discussion, the Board requested an action item be placed on the December 12, 2017 agenda to authorize payment of unpaid bills due before year end. Ratification of said payments would be placed as an action item on the January 9, 2018 agenda. 15. ADJOURNMENT 15.1. The meeting was adjourned at 9:27 p.m. Annie Alexander Assistant Board Secretary Minutes of the YLWD Board of Directors Regular Meeting Held October 10,2017 at 6:30 p.m. 8