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

July 21, 2009

 

7:30 a.m.

 

CALL TO ORDER – Chairman Martin

 

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.

 

ENGINEERING COMMITTEE

 

1.         Approval of Minutes

 

The Engineering and FIC Committee will consider approving minutes for the June 23, 2009 Engineering and Finance/Insurance Committee meeting.

 

Recommended Action at the July 23, 2009 Board Meeting: Approve minutes for the June 23, 2009 Engineering and Finance/Insurance Committee meeting and place on the Engineering and Finance/Insurance Committee’s approval list for the July 23, 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

 

2.       Poseidon Resources (Surfside) LLC Huntington Beach, CA Ocean Desalination Plant Project (Reference Material Included)

 

Staff will review and comment on preliminary terms and conditions for potential Water Purchase from the Poseidon Resources (Surfside) LLC Huntington Beach, CA Ocean Desalination Plant Project.  Further, staff will review and comment on a draft letter of intent which sets forth certain “non-binding” understandings between ETWD and Poseidon relating to an interest in the potential purchase of desalinated water from Huntington Beach facility.

 

Recommended Action at the July 23, 2009 Board Meeting:  Staff recommends that the Board of Directors consider authorizing the General Manager to execute a letter of intent which sets forth “non-binding” understandings between ETWD and Poseidon relating to an interest in the potential purchase of desalinated water from Huntington Beach facility.

 

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

 

3.         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.

 

4.         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

 

INSURANCE UPDATE REPORT

 

5.         Quarterly Insurance Update Report (Reference Material Included)

 

Staff will review and comment on the Quarterly Insurance Report for the period April 1, 2009 through June 30, 2009.

 

TREASURER ACTION ITEMS

 

6.         Financial Package - Authorization to Approve Bills for Consideration dated July 21, 2009 and Receive and File Financial Statements as of June 30, 2009 (Reference Material Included)

 

Staff will review and comment on the Bills for Consideration dated July 21, 2009 and Receive and File Financial Statements as of June 30, 2009.

 

Recommended Action at the July 23, 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 July 21, 2009, and 2) receive and file the Financial Statements for the period ending June 30, 2009 and place on the Engineering and Finance/Insurance Committees approval list for the July 23, 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.

 

TREASURER INFORMATION ITEMS

 

7.         2009/10 Water Conservation and Water Supply Shortage Status Report (Reference Material Included)

 

Staff will review and comment on the status of all activities related to implementation of the District's Water Conservation and Water Supply Shortage Ordinance and the officially declared Level 1 Water Supply Shortage.  Implementation elements include but are not limited to customer outreach, customer input, import water purchase reconciliation, water sales by customer class reconciliation and usage penalty charges imposed.

 

8.         Tiered and Water Budget Based Tiered Conservation Rate Structure Evaluation (Reference Material Included)  

 

Staff will review and comment on the Tiered and Water Budget Based Tiered Conservation Rate Structure Evaluation inclusive of a preview of the tentative implementation timeline.

 

9.         Audit Committee Report (Reference Material Included)

 

The Audit Committee will provide a report to the Board of Directors regarding the interview meeting between the Audit Committee and the District's independent Audit firm, Diehl Evans & Company, LLP.

 

Comments Regarding Non-Agenda FIC Items

 

CLOSE FINANCE AND INSURANCE COMMITTEE MEETING

 

ADJOURNMENT TO 7:30 a.m., Tuesday, August 25, 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.