Finance/Administration Committee Agenda

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

6252 Telegraph Road
1st Floor
Board Hearing Room #106
Commerce, CA 90040-2512

10:00 A.M. Wednesday, June 9, 2010

ATTENDANCE

Committee Members:

• Phillip Hawkins (Chair)
• Ed Vasquez
  

Alternate Members

• Robert Apodaca

Also Present

• Art Aguilar
• Margarita Gómez
• Lisa Sanchez
  
• Aileen Hermoso
• Albert Plimpton
• Dan Lam

*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 -  May 12, 2010 (Special); and May 24, 2010 (Regular)

5. Financial Report

A. Director Demands
B. Demands
C. Cash and Investments

ACTION CALENDAR

6. Human Resources Legal Services

ACTION:  That the Board authorizes the General Manager to amend the existing contract with Alston & Bird, LLP to increase consideration by $23,000 and extend the contract period through June 30, 2011.

7. Human Resources Services

ACTION:  That the Board authorizes the General Manager to amend the existing contract with Human Performance Consultation, Inc. to increase consideration by $53,000 and extend the contract period through June 30, 2011.

8. Funding of Other Post-Employment Benefits

ACTION:  That the Board approves the designation of an amount not-to-exceed $1 million to fund the OPEB liability.

9. Local Government/Board-GM Advisory Contract: The Calderon Group

ACTION:  That the Committee approves a renewal of the annual contract for The Calderon Group for an amount not-to-exceed $140,000, plus reasonable, pre-approved expenses.

10. Central Basin Financing Corporation - Appointment of Officers and Legal Counsel -  Oral Report

INFORMATION CALENDAR FOR DISCUSSION

11. California Public Employees' Retirement System

12. Letter of Credit Facility Bank

INFORMATION FOR CONSENT CALENDAR

None.

COMMITTEE INFORMATION ONLY

None.

COMMUNICATIONS

13. Directors' Comments.

14. General Manager's 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.