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

 

January 20, 2009

7:30 A.M.

 

CALL TO ORDER – Chairman Goldman

 

PLEDGE OF ALLEGIANCE – Committee Member Kahn

 

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.

 

1.                  California Asset Management Program (CAMP)

(Reference Material Included)

           

Representatives from CAMP and ETWD staff will report on the District’s investment holdings and CAMP’s investment philosophy.  CAMP assists the District with short-term investment alternatives.

 

 

ENGINEERING COMMITTEE

 

2.         Approval of Minutes

 

The Engineering and FIC Committee will consider approving minutes for the December 16, 2008 Engineering and Finance/Insurance Committee meeting.

 

Recommended Board Action at the January 22, 2009 Meeting: Approve minutes for the December 16, 2008 Engineering and Finance and Insurance

Committee meeting and place on the Engineering, Finance/Insurance Committee approval list for the January 22, 2009 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.

 

ENGINEERING ACTION ITEMS

 

3.         Baker Water Treatment Plant (Reference Material Included)

 

Staff will review and comment on a Letter of Understanding intended to clarify the parties' intentions with regard to the Termination Reimbursement issue without amending the Agreement for Construction, Operation and Maintenance of the Baker Water Treatment Plant.

 

Recommended Action at the January 22, 2009 Board Meeting:

 

Subject to execution of the Termination Reimbursement Letter of Understanding by the General Manager of all parties, staff recommends that the Board of Directors (1) rescind its prior motion conditionally approving execution of the Agreement for Construction, Operation and Maintenance of the Baker Water Treatment Plant ("Agreement"), and (2) authorize the President and General Manager to execute Agreement without the previously proposed Termination Reimbursement amendments.

 

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

 

ENGINEERING GENERAL INFORMATION 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.         ETWD Emergency Preparedness and Response Plan Preview (Oral Report) 

 

Staff will review and comment on the District's recently updated Emergency Preparedness and Response Plan.

 

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

 

            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

 

CALL MEETING TO ORDER – Chairman Martin

 

INSURANCE UPDATE REPORT

 

7.         Quarterly Insurance Update Report (Report Included)

 

Staff will review and comment on the Quarterly Insurance Report for the period October through December 2008.

 

TREASURER ACTION ITEMS

 

8.         Financial Package - Authorization to Approve Bills for Consideration dated January 20, 2009 and Receive and File Financial Statements as of December 31, 2008  (Reference Material Included)

 

Staff will review and comment on the Bills for Consideration dated January 20, 2009 and receive and file Financial Statements as of December 31, 2008.

 

Recommended Board Action for the January 22, 2009 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 January 20, 2009, and 2) receive and file the Financial Statements as of December 31, 2008 and place on the Engineering, Finance/Insurance approval list for the January 22, 2009 meeting of the Board of Directors.

 

Committee Recommendation: The Committee will consider placing this matter on the Engineering/FIC recommended approval list for the regular meeting of the Board of Directors.

 

9.         Resolution No. 09-1-1 Internal Revenue Code (IRC) Section 125 Premium Only Plan (Reference Material Included)

 

Staff will comment on Resolution No. 09-1-1 adopting an Internal Revenue Code (IRC) Section 125 Premium Only Plan.

 

Recommended Board Action for the January 22, 2009 Board Meeting:: The Board will consider adopting Resolution No. 09-1-1 adopting an Internal Revenue Code (IRC) Section 125 Premium Only Plan.

 

RESOLUTION NO. 09-1-1

 

RESOLUTION OF THE BOARD OF DIRECTORS

OF THE EL TORO WATER DISTRICT

ADOPTING AN INTERNAL REVENUE CODE (IRC)

SECTION 125 PREMIUM ONLY PLAN

 

Committee Recommendation: The Committee will consider placing this matter on the Engineering/FIC recommended approval list for the regular meeting of the Board of Directors.

 

10.       Association Membership Renewals

 

a.                  Water Education Foundation (Reference Material Included)

 

Staff will comment on renewing the District’s membership in the Water Education Foundation, in the amount of $1,140.00 for calendar year 2009.

 

Recommended Board Action for the January 22, 2009 Board Meeting:   The Committee will consider renewing the District’s membership in the Water Education Foundation in the amount of $1,140.00 for calendar year 2009.

 

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

 

b.                  Southern California Water Committee, Inc. (SCWC) (Reference Material Included)

 

Staff will comment on renewing the District’s membership in the Southern California Water Committee, Inc. (SCWC) in the amount of $600.00 for calendar year 2009.

 

Recommended Board Action for the January 22, 2009 Board Meeting:   The Committee will consider renewing the District’s membership in the Southern California Water Committee, Inc. (SCWC) in the amount of $600.00 for calendar year 2009.

 

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

 

TREASURER INFORMATION ITEMS

 

11.       El Toro Water District 2009/10 Budget & 2009/10 -  2013/14 Revenue Plan (Reference Material Included)

 

Staff will review and comment on the development of the 2009/10 Budget and the 2009/10 - 2013/14 Revenue Plan.

  

Comments Regarding Non-Agenda FIC Items

 

CLOSE FINANCE AND INSURANCE COMMITTEE MEETING

 

ADJOURNMENT TO 7:30 a.m., Tuesday February 24, 2009.

 

The agenda material for this meeting is available to the public at the District's Administrative Office, which is located at 24251 Los Alisos Blvd., Lake Forest, Ca. 92630. If any additional material related to an open session agenda item is distributed to all or a majority of the board of directors after this agenda is posted, such material will be made available for immediate public inspection at the same location.

 

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