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
Robert R. Hill, Assistant Secretary of the
El Toro Water District and the Board of
Directors thereof
AGENDA
AND
PLAN ADMINISTRATOR MEETING
7:30 a.m.
CALL TO ORDER – Chairman Goldman
PLEDGE OF ALLEGIANCE – Director Dudley
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.
PLAN ADMINISTRATOR MEETING
At this time President Martin will call the meeting
of the Plan Administrator of the El Toro Water District’s 401(k) Retirement
Savings Plan and Trust Agreement to order.
1. Quarterly
Review of Pension Plan Performance (Reference Material Included)
Representatives from Union Bank will review and
comment on the investment performance of the District’s 401(k) Retirement Plan Investment
Report as of December 30, 2007.
2. UBOC
Trustee Services Fee Schedule & HighMark Mutual Fund Disclosure Statement (Reference Material Included)
Staff and General Counsel will review and comment on
the UBOC Trustee Services Fee Schedule & HighMark Mutual Fund Disclosure
Statement. UBOC and HighMark have
requested that the Plan Administrator acknowledge receipt of the aforementioned
documents.
Recommended Action: Staff
recommends that the Plan Administrator execute appropriate documents to
acknowledge receipt of the UBOC Trustee Services Fee Schedule & the
HighMark Mutual Fund Disclosure Statement.
CLOSE PLAN
ADMINISTRATOR MEETING
REGULAR SESSION
ENGINEERING COMMITTEE
3. Approval of Minutes (Minutes Included)
The Engineering and FIC Committee will consider approving minutes for the January 22, 2008 Engineering and Finance/Insurance Committee meeting.
Recommended Board Action at the February 28,
2008 Meeting: Approve minutes
for the January 22, 2008 Engineering and
Finance and Insurance
Committee meeting, and place on the Engineering, Finance/Insurance approval list for the February 28, 2008 meeting of the Board of Directors.
Committee Recommendation: The Committee will consider placing this item on the Engineering and Finance/Insurance approval list for the regular meeting of the Board of Directors.
There are no action items.
4. 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.
5. 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
CALL MEETING TO ORDER – Chairman Martin
6. Financial Package -
Authorization to Approve Bills for Consideration dated February 26, 2008 and
Receive and File Financial Statements as of January 31, 2008 (Reference Material Included)
Staff will review and comment on the Bills for Consideration dated February 26, 2008 and Receive and File Financial Statements as of January 31, 2008.
Recommended
Board Action at the February 28, 2008 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 February 26, 2008, and
2) receive and file the Financial Statements for the period ending January 31,
2008 and place on
the Engineering, Finance/Insurance approval list for the February 28, 2008
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 the regular meeting of the Board of Directors.
7. El Toro Water District’s Quarterly
Audit Report for October, November, and December 2007 (Reference Material Included)
Staff will
review and comment on Caporicci & Larson’s Quarterly Audit Report of ETWD’s
Financial Statements for the period October 1, 2007 through December 31, 2007.
Recommended Board Action at the February 28,
2008 Board Meeting: The Committee will consider receiving and
filing Caporicci & Larson’s Quarterly Audit Report of ETWD’s Financial
Statements for the period October 1, 2007 through December 31, 2007.
Committee
Recommendation: The Committee
will consider placing this matter on the Engineering, FIC Committee recommended
approval list for the regular meeting of the Board of Directors.
TREASURER INFORMATION ITEMS
8. Selection of District Audit Firm (Reference Material Included)
The Audit
Committee will comment on the draft Request for Proposals (RFP’s) and the four
audit firms selected to submit a proposal for future audits commencing with
fiscal year 2008/09.
CLOSE FINANCE AND
INSURANCE COMMITTEE MEETING
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,