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 COMMITTEE

AND

FINANCE/INSURANCE COMMITTEE

 

October 24, 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

October 24, 2006

 

1.         Approval of Minutes

 

The Engineering and FIC Committee will consider approving minutes for the September 26, 2006 Engineering and Finance/Insurance Committee meeting.

 

Recommended Board Action at the October 26, 2006 Meeting: Approve minutes for the September 26, 2006 Engineering and Finance and Insurance

Committee meeting and place on the Engineering and Finance/Insurance Committee’s approval list for the October 26, 2006 meeting of the Board of Directors.

 

Committee Recommendation: The Committee will consider placing this item on the Engineering and Finance/Insurance 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)

 

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

 

3.         Engineering Items Discussed at Various Conferences and Meetings (Oral Report)

 

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

 

COMMENTS REGARDING NON-AGENDA ENGINEERING COMMITTEE ITEMS

 

CLOSE ENGINEERING COMMITTEE MEETING

 

 

FINANCE/INSURANCE COMMITTEE MEETING

October 24, 2006

 

 

CALL MEETING TO ORDER – Chairman Martin

 

INSURANCE UPDATE REPORT

 

4.         Quarterly Insurance Update Report (Reference Material Included)

 

            Linda Mansouri will review and comment on her Quarterly Insurance Report for the period July 1, 2006 through September 30, 2006.

 

TREASURER ACTION ITEMS

 

5.         Financial Package - Authorization to Approve Bills for Consideration dated October 24, 2006 and Receive and File Financial Statements Dated September 30, 2006 (Reference Material Included)

 

Staff will review and comment on the Bills for Consideration dated October 24, 2006 and Financial Statements as of September 30, 2006.

 

Recommended Board Action for the October 26, 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 October 24, 2006, and 2) receive and file the Financial Statements for the period ending September 30, 2006 and place on the Engineering and Finance/Insurance Committees approval list for the October 26, 2006 meeting of the Board of Directors.

 

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

 

6.         Capital Facility Fee Reserve Reconciliation in Accordance with SB 1760 (Government Code Section 66013) (Reference Material Included)

 

Staff will review and comment on the 2005/06 fiscal year reconciliation of the District's restricted Capital Facility Fee Reserve.  In accordance with SB 1760 (Government Code Section 66013), the District is obligated to reconcile financial information regarding the nature, balances, collections, earnings and expenditures of funds in the Capital Facilities Fee Reserve.  As such, a reconciliation report for the 2005/06 fiscal year has been prepared.

 

Recommended Board Action:  Staff recommends that the Board of Directors receive and file the 2005/06 fiscal year Capital Facility Fee Reserve reconciliation report.

 

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

 

7.         Resolution No. 06-10-1 - Adoption of the El Toro Water District’s (ETWD) Appropriations Limit for Fiscal Year 2006-07 (Reference Material Included)

 

            Staff will review and comment on the District’s Appropriations Limit for the 2006/07 fiscal years, which are set forth in Resolution No. 06-10-1.

 

Recommended Board Action at October 26, 2006 Meeting:  The FIC recommends adoption of Resolution No. 06-10-1.  Said Resolution adopts the District's Appropriations Limits for the 2006/07 fiscal years.

 

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

 

RESOLUTION NO. 06-10-1

 

RESOLUTION OF THE BOARD OF DIRECTORS OF THE

EL TORO WATER DISTRICT DECLARING ITS

2006-07 APPROPRIATIONS LIMIT PURSUANT TO

ARTICLE XIII B OF THE CONSTITUTION OF THE

STATE OF CALIFORNIA

 

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., Monday, November 20, 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, Polly Welsch 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: Polly Welsch.