I hereby certify that the following agenda

was posted at least 72 hours prior to the time

of the meeting so noticed below at 24251 Los                                                                            

Alisos Boulevard, Lake Forest, California.

 

                                                                                                                                      

Robert R. Hill, Assistant Secretary of the

El Toro Water District and the Board of

Directors thereof

AGENDA

 

EL TORO WATER DISTRICT
ENGINEERING AND

FINANCE/INSURANCE

 

JUNE 20, 2006

7:30 A.M.

 

CALL TO ORDER – Chairman Goldman

 

PLEDGE OF ALLEGIANCE – Chairman Goldman

 

ORAL COMMUNICATION/PUBLIC COMMENT

Members of the public may address the Committee at this time or they may reserve this opportunity with regard to an item on the agenda, until said item is discussed by the Committee.  Comments on other items will be heard at the time set aside for “COMMENTS REGARDING NON-AGENDA ITEMS.”  The public will identify themselves when called on, and limit their comments to three minutes.

 

ENGINEERING COMMITTEE

June 20, 2006

 

CALL MEETING TO ORDER – Chairman Goldman

 

1.       Approval of Minutes

 

The Engineering and FIC Committee will consider approving minutes for the May 23, 2006 Engineering and Finance/Insurance Committee Meeting.

 

Recommended Board Action at the June 22, 2006 Meeting: Approve minutes for the May 23, 2006 Engineering and Finance and Insurance Committee meeting and place on the Engineering, Finance/Insurance approval list for the June 22, 2006 meeting of the Board of Directors.

 

Committee Recommendation: The Committee will consider placing this item on the Engineering and Finance/Insurance and Personnel Committee approval list for Thursday’s Regular meeting of the Board of Directors.

 

ENGINEERING ACTION ITEMS

 

There are no action items.

 

ENGINEERING GENERAL INFORMATION ITEMS

 

2.       El Toro Water District Capital Project Status Report

          (Reference Material Included)

 

Mr. Cafferty will review and comment on the El Toro Water District Capital Project Status Report.

 

3.       Engineering Items Discussed at Various Conferences and Meetings

 

          The Committee will discuss any pertinent Engineering items discussed at Conferences.

 

COMMENTS REGARDING NON-AGENDA ENGINEERING COMMITTEE ITEMS

 

CLOSE ENGINEERING COMMITTEE MEETING

 

FINANCE/INSURANCE COMMITTEE MEETING

June 20, 2006

 

CALL MEETING TO ORDER –Chairman Martin

 

TREASURER ACTION ITEMS

 

4.       Financial Package - Authorization to Approve Bills for Consideration

and Receive and File Financial Statements Dated June 20, 2006

(Reference Material Included)

 

Staff will review and comment on the Bills for Consideration dated June 20, 2006 and Financial Statements as of May 31, 2006.

 

Recommended Board Action for the June 22, 2006 Board Meeting: Staff recommends that the Board: 1) Approve, ratify and confirm payment of those bills as set forth in the schedule of Bills for Consideration dated June 20, 2006, and 2) receive and file the Financial Statements for the period ending May 31, 2006 and place on the Engineering, Finance/Insurance approval list for the June 22, 2006 meeting of the Board of Directors.

 

Committee Recommendation: The Committee will consider placing this matter on the Engineering, FIC, and Personnel Committee recommended approval list for Thursday’s Regular meeting of the Board of Directors.

 

5.       2006/07 Budget Status Report and Cost of Living Adjustment Consideration

(Reference Material Included)

 

Staff will review and comment on the status of the proposed 2006/07 Budget and the May 31, 2006 Consumer Price Index (CPI) for the Los Angeles - Riverside - Orange County area.  Annual Cost of Living Adjustments (COLA) for employees are considered by the Board of Directors in June of each year.  To facilitate the evaluation, the Board of Directors reviews and discusses the May CPI for the Los Angeles - Riverside - Orange County area.

 

Recommended Board Action for the June 22, 2006  Board Meeting: The Committee will consider taking action approving a Cost of Living Adjustment (COLA) for the District’s employees for fiscal year 2006-2007.

 

Committee Recommendation: The Committee will consider placing this matter on the District’s Finance and Insurance Committee’s recommended approval list for the regular scheduled meeting of the Board of Directors.

 

6.       El Toro Water District’s Quarterly Audit Report for January, February,

and March 2006 (Reference Material Included)

 

The Committee will consider receiving and filing Caporicci & Larson’s Quarterly Audit Report of ETWD's Financial Statements for the period January 1, 2006 through March 31, 2006.

 

Recommended Board Action for the June 22, 2006  Board Meeting: The Committee will consider receiving and filing Caporicci & Larson’s Quarterly Audit Report of ETWD's Financial Statements for the period January 1, 2006 through March 31, 2006.

 

Committee Recommendation: The Committee will consider placing this matter on the District’s Finance and Insurance Committee’s recommended approval list for the regular scheduled meeting of the Board of Directors.

 

7.       South Coast Water District Joint Regional Water Supply System (JRWSS) Fiscal Year Budget 2006-2007 (Reference Material Included)

 

Staff will review and comment on the proposed Joint Regional Water Supply System (JRWSS) fiscal year 2006/07 budget.  The JRWSS, formally identified as Tri-Cities, is a wholesale water transmission system, which delivers water from the MWD system to numerous South County Agencies.  Capacity Ownership and the Operation and Maintenance (O&M) of the JRWSS is administered in accordance with the terms and conditions of a Joint Powers Agreement (JPA). 

 

On behalf of the JRWSS member agencies and in accordance with said JPA, the South Coast Water

District (SCWD) acts as the designated operator of the JRWSS.  ETWD, as a member agency and capacity owner in the JRWSS, is obligated to pay its proportionate share of Capital and O&M costs as delineated in the proposed JRWSS 2006/07 Budget.  Staff has reviewed and incorporated the elements of the JRWSS budget, which directly impact ETWD into the ETWD’s 2006/07 Budget.

 

Recommended Board Action for the June 22, 2006 Meeting:  Staff recommends approval of the proposed 2006/07 JRWSS budget as submitted and incorporated into the ETWD 2006/07 Budget.  Staff further recommends that upon such approval, written notification of such action be prepared and submitted to the JRWSS.

 

Committee Recommendation: The Committee will consider placing this matter on the District’s Finance and Insurance Committee’s recommended approval list for the regular scheduled meeting of the Board of Directors.

 

8.       South Orange County Wastewater Authority (SOCWA) 2006-07 Budget Approval (Reference material Included)

 

Staff will review and comment on the proposed South Orange County Wastewater Authority (SOCWA) Fiscal Year 2006/07 Budget.  The SOCWA, previously known as the Aliso Water Management Agency, is a Joint Powers Authority (JPA) created in 1972 for the purpose of providing wastewater treatment, disposal and water reclamation services to its Member Agencies through various General and Project Committees.

 

ETWD, as a member agency and capacity owner in SOCWA, is obligated to pay its proportionate share of Capital and O&M costs as delineated in the proposed SOCWA 2006/07 Budget.  Staff has reviewed and incorporated the elements of the SOCWA Budget, which directly impact ETWD into the ETWD's proposed 2006/07 budget.

 

Recommended Board Action at June 22, 2006 Meeting:  Staff recommends approval of the proposed 2006/07 SOCWA Budget as submitted and incorporated into the ETWD 2006/07 Budget.  Staff further recommends that upon such approval, written notification of such action be prepared and submitted to SOCWA.

 

Committee Recommendation:  The Committee will consider placing this matter on the Finance and Insurance Committee's recommended approval list for the Regular meeting of the Board of Directors.

 

9.       Annual Agreements Exceeding $20,000 - for Fiscal Year 2006-07 (Oral Report)

 

Mr. Grandy will discuss issuing Purchase Orders for goods and services that exceed $20,000.  The purpose for entering into annual agreements with these vendors is to achieve the best prices for the goods and services.  While the cost of individual goods or services may be modest, the cumulative effect of an annual contract exceeds the authority of staff to enter into such an agreement.  The cost for these goods and services are based upon amounts included in the District's Budget for fiscal years 2006-07 being approved by the Board at the June 22, 2006 public hearing.

 

Recommended Board Action for the June 22, 2006 Meeting: Staff recommends that the Board authorize the District's General Manager and Treasurer to execute Purchase Orders with the following vendors:  (1) ADT Security not to exceed $21,000, (2) Spectrum Landscape not to exceed $71,000, and (3) Lou Rose Services (janitorial) not to exceed $28,000.

 

Committee Recommendation: The Committee will consider placing this matter on the District’s Finance and Insurance Committee’s recommended approval list for the Regular scheduled meeting of the Board of Directors.

 

10.     Appointment of Auditor – 2006/07 Fiscal Year

          (Reference Material Included)

 

The Audit Committee and Mr. Grandy will comment on the appointment of an auditor to audit the El Toro Water District's Financial Statements for fiscal year 2006/07.  Caporicci & Larson has submitted a letter agreement in the amount of $22,575 for auditing the District's Financial Statements for fiscal year 2006/07.

 

Recommended Board Action for the June 22, 2006 Meeting: Authorize the District's President and Secretary to enter into a letter agreement with Caporicci & Larson for an amount not to exceed $22,575 for auditing the District's Financial Statements for fiscal year 2006/07.

 

Committee Recommendation:  The Committee will consider placing this matter on the Finance and Insurance Committee's recommended approval list for the Regular scheduled meeting of the Board of Directors.

 

TREASURER INFORMATION ITEMS

 

There are no information items.

 

Comments Regarding Non-Agenda FIC Items

 

CLOSE FINANCE AND INSURANCE COMMITTEE MEETING

 

ADJOURNMENT TO 7:30 a.m. Tuesday July 25, 2006

 

Request for Disability-Related Modifications or Accommodations

 

If you require any disability-related accommodation, including auxiliary aids or services, in order to participate in this public meeting, please telephone the District's Recording Secretary, Carolyn Adams at (949) 837-7050, extension 225 at least forty-eight (48) hours prior to said meeting.  If you prefer, your request may be submitted in writing to El Toro Water District, P.O. Box 4000, Laguna Hills, California 92654, Attention: Carolyn Adams.