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, July 14, 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

*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 -  June 18, 2010 (Special); and June 28, 2010 (Regular)

5. Financial Report

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

ACTION CALENDAR

6. Contracts

ACTION:  Receive and file.

7. Financial Advisory Services

ACTION:  That the Board authorizes the General Manager to increase the funding amount of the Financial Advisor Services contract with Fitzgerald Public Finance by $30,000.

8. Disposition of District Equipment

ACTION:  That the Board authorizes the General Manager to arrange for the sale, donation and or disposal of excess District equipment.

9. California Special Districts Association (CSDA) Board of Directors Election 2010

ACTION: That the Committee considers voting for one of the 5 candidates for the CSDA Board of Directors Election for Seat B, Region 5.

10. California Special Districts Association (CSDA) Proposed Bylaws Amendments

ACTION: That the Committee considers completing the CSDA ballot by checking off "Yes" or "No" that the District agrees or disagrees, respectively, to the adoption of the proposed CSDA Bylaws Amendments.

11. Approval of the Association of California Water Agencies (ACWA) Health Benefits Authority Proposed Bylaws Amendments to the Joint Powers Authority (JPA) Agreement

ACTION: That the Committee considers adopting, approving and authorizing the President to sign Resolution No.07-10-780, "A RESOLUTION OF THE BOARD OF DIRECTORS OF  THE CENTRAL BASIN MUNICIPAL WATER DISTRICT CONSENTING TO APPROVE THE AMENDED AND RESTATED JPA AGREEMENT OF THE ASSOCIATION OF CALIFORNIA WATER AGENCIES HEALTH BENEFITS AUTHORITY

INFORMATION CALENDAR FOR DISCUSSION

None.

INFORMATION FOR CONSENT CALENDAR

None.

COMMITTEE INFORMATION ONLY

12. Building Maintenance Update

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.