Board of Directors

0508CBFN.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

10:00 A.M. WEDNESDAY, May 14, 2008

ATTENDANCE

Committee Members:

Philip Hawkins (Chair)
Robert Apodaca

Alternate Members

Rudy C. Montalvo

Also Present

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

*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.

AGENDA

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 – April 16, 2008 (Special) and April 29, 2008 (Regular)

5. FINANCIAL REPORT
   A. Director Demands
   B. Demands
   C. Cash and Investments
   D. Water Sales Statements – Handout

ACTION CALENDAR

6. GENERAL ELECTION RESOLUTION NO. 05-08-747

ACTION: That the Board approves, adopts, and authorizes the President to sign Resolution No. 5-08-747, "A RESOLUTION OF THE BOARD OF DIRECTORS OF CENTRAL BASIN MUNICIPAL WATER DISTRICT    REQUESTING THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES TO PERMIT THE    REGISTRAR-RECORDER/COUNTY CLERK TO RENDER ELECTION SERVICES FOR AN ELECTION TO BE    HELD ON NOVEMBER 4, 2008.”

7.   ANNUAL APPOINTMENT OF TREASURER

ACTION: That the Board appoints Aileen Umali-Hermoso as the District's Treasurer, effective May 27, 2008.

8. ANNUAL APPOINTMENT BOARD SECRETARY

ACTION: That the Board appoints Margarita Gómez as the Board Secretary, effective May 27, 2008.

INFORMATION CALENDAR FOR DISCUSSION

NONE.

INFORMATION FOR CONSENT CALENDAR

NONE.

COMMITTEE INFORMATION ONLY

9. BONDS UPDATE

10. PROPERTY TAX EXEMPTION UPDATE

11. RECYCLED WATER OPERATIONS

COMMUNICATIONS

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.