Board of Directors

0308CBFN.pdf

Finance/Administration Committee Agenda

REGULAR MEETING OF THE FINANCE/ADMINISTRATION COMMITTEE
CENTRAL BASIN MUNICIPAL WATER DISTRICT

6252 Telegraph Road
2nd Floor Conference Room, Room 1-229
Commerce, California 90040-2512

1:00 P.M. WEDNESDAY, March 12, 2008

ATTENDANCE

Committee Members:

Philip Hawkins (Chair)
Robert Apodaca

Alternate Members

Rudy Montalvo

Also Present

Art Aguilar
Joone Lopez
Margarita Gómez
Aileen Hermoso
Dan Lam
Al Plimpton
Lisa Sanchez

*The Central Basin Municipal Water District Finance/Administration Committee meeting is noticed as a committee meeting for the purpose of compliance with the Brown Act. Two Board members are assigned as members of this Committee and one as an alternate. In order to preserve the function of the committee as advisory to the Board, members of the Board who are not assigned to the Finance/Administration Committee may attend, but may not participate or vote on matters before the Committee.

COMMUNICATIONS

1. CALL TO ORDER.

2. PUBLIC COMMENT.

3. ITEMS TOO LATE TO BE AGENDIZED: Determine the need to discuss and/or take action on item(s) introduced that came to the attention of the District subsequent to the posting of the agenda.

CONSENT CALENDAR

4. ACTION ON MINUTES - February 13, 2008 (Special); and February 26, 2008 (Regular) - Handout

5. FINANCIAL REPORT

A. Director Demands:
B. Demands
C. Cash and Investments
D. Water Sales Statements - Handout

ACTION CALENDAR

6. WATER STANDBY CHARGE FOR FISCAL YEAR 2008-09 PUBLIC HEARING AND
ADOPTION

ACTION: That the Board:

Conduct a public hearing to receive comments on Central Basin’s proposed recycled water standby charge andCentral Basin’s MWD water parcel charge for FY 2008-09; and
That the Board approve, adopt and sign Resolution No. 3-08-742 “A RESOLUTION OF THE BOARD OFDIRECTORS OF THE CENTRAL BASIN MUNICIPAL WATER DISTRICT IMPOSING STANDBY CHARGESFOR THE FISCAL YEAR COMMENCING JULY 1, 2008 AND REPEALING RESOLUTION NO. 3-07-728.”

INFORMATION CALENDAR FOR DISCUSSION

NONE.

INFORMATION FOR CONSENT CALENDAR

NONE.

COMMITTEE INFORMATION ONLY

7. AUCTION RATE SECURITIES UPDATE - ORAL REPORT

COMMUNICATIONS

8. DIRECTORS' COMMENTS.

ADJOURNMENT.

Note: At the discretion of the Board, all items appearing on this agenda, whether or not expressly listed for action, may be deliberated and may be subject to action by the Board.