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

PLAN ADMINISTRATOR

AND

ENGINEERING

AND
FINANCE/INSURANCE MEETING

 

May 26, 2009

7:30 a.m.

 

CALL TO ORDER – Chairman Martin

 

PLEDGE OF ALLEGIANCE – Director 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 Committees.  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 Chairman 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 HighMark will review and comment on the investment performance of the District’s 401(k) Retirement Plan Investment Report – First Quarter 2009.

 

CLOSE PLAN ADMINISTRATOR MEETING

 

ENGINEERING COMMITTEE      

 

2.         Approval of Minutes (Minutes Included)

 

The Engineering and FIC Committee will consider approving minutes for the April 21, 2009 Engineering and Finance/Insurance Committee Meeting.

 

Recommended Action at the May 28, 2009 Board Meeting: Approve minutes for the April 21, 2009 Engineering and Finance and Insurance Committee meeting and place on the Engineering and Finance/Insurance Committee’s approval list for the May 28, 2009 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 the regular meeting of the Board of Directors.

 

ENGINEERING ACTION ITEMS

 

3.         Resolution No. 09-5-1 – Authorization to Apply, Negotiate and Execute a Financial Assistance Agreement with the SWRCB (Reference Material Included)

 

Staff will review and comment on adopting Resolution No. 09-5-1 which authorizes the General Manager on behalf of the El Toro Water District to apply, negotiate and ultimately execute a financial assistance agreement with the State Water Resources Control Board (SWRCB) to secure financing for the planning, design and construction of the Northline Sewer Lift Station Improvement Project.  Said resolution is a mandatory SWRCB financial assistance application requirement.

 

Recommended Action at the May 28, 2009 Board Meeting:  Staff recommends that the Board of Directors adopt Resolution No. 09-5-1 which authorizes the General Manager on behalf of the El Toro Water District to apply, negotiate and ultimately execute a financial assistance agreement with the State Water Resources Control Board to secure financing for the planning, design and construction of the Northline Sewer Lift Station Improvement Project.

 

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.

 

4.         Resolution No. 09-5-2 – Declaring the Official Intent to be Reimbursed for Certain Capital Expenditures From the Proceeds of Indebtedness (Northline Sewer Lift Station Improvement Project) (Reference Material Included)

 

Staff will review and comment on adopting Resolution No. 09-5-2 which Declares the District’s Official Intent to be Reimbursed for Certain Capital Expenditures from the Proceeds of Indebtedness for the Northline Sewer Lift Station Improvement Project.

 

Recommended Action at the May 28, 2009 Board Meeting:  Staff recommends that the Board of Directors adopt Resolution No. 09-5-2 which Declares the District’s Official Intent to be Reimbursed for Certain Capital Expenditures from the Proceeds of Indebtedness for the Northline Sewer Lift Station Improvement Project.

 

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

 

5.         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.

 

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 MEETING

 

CALL MEETING TO ORDER –Chairman Martin

 

TREASURER ACTION ITEMS

 

7.         Financial Package - Authorization to Approve Bills for Consideration Dated May 26, 2009 and Receive and File Financial Statements as of April 30, 2009  (Reference Material Included)

 

Staff will review and comment on the Bills for Consideration dated May 26, 2009 and Receive and File Financial Statements as of April 30, 2009.

 

Recommended Action at the May 28, 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 May 26, 2009, and

2) Receive and file the Financial Statements as of April 30, 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.

 

8.         El Toro Water District’s Quarterly Audit Report for January, February, and March 2009  (Reference Material Included)

 

Staff will review and comment on Diehl Evans & Company LLC’s Quarterly Audit Report of ETWD’s Financial Statements for the period January 1 through March 31, 2009.

 

Recommended Action at the May 28, 2009 Board Meeting:  The Committee will consider receiving and filing Diehl Evans & Company LLC’s Quarterly Audit Report of ETWD’s Financial Statements for the period January 1 through March 31, 2009.

 

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 ITEM

 

9.         Water Supply Allocation and Water Budget Based Tiered Rates (Oral Report)

 

Staff will provide the Board of Directors with a progress report on Water Supply Conditions, Water Supply Allocation activities and the evaluation of converting to Water Budget Based Tiered Rates at some point in the future. 

 

Comments Regarding Non-Agenda FIC Items

 

CLOSE FINANCE AND INSURANCE COMMITTEE MEETING

 

ADJOURNMENT TO 7:30 a.m., Tuesday, June 23, 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.