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HomeMy WebLinkAbout2009-10-02 Min - Board Truckee Donner Public Utility District Financing Corporation Directors Joseph R.Aguera 8:00 PM, ANNUAL MEETING Jeff Bender J. Ron Hemig Wednesday, December 02, 2009 John Hillstrom (or immediately after regularly scheduled Board Meeting) Patricia S.Sutton TDPUD Board Room General Manager AGENDA Michael D. Holley 1. Call to order 2. Roll call 3. Public Input - This is time set aside for the public to address the Board on any matter not on the agenda. Testimony related to any agendized matter should be addressed at the time that item is considered. (The public may comment on any subject that is not on the agenda. Each speaker will be limited to three (3) minutes, but speaker time may be reduced at the discretion of the Board President if there are a large number of speakers on any give subject.) BUSINESS ITEM 4. Election of the Financial Corporation Board Officers: President and Vice President; and the Appointment of the Secretary and Treasurer 5. Consideration of Accepting the Annual Reports and Financial Statements ROUTINE BUSINESS 6. Approval of Minutes of December 17, 2008 ADJOURNMENT The agenda is available for review at the TDPUD office and the Truckee branch of the Nevada County Library Postgd and mailed on Monday, November 23, 2009 Barbara Cahill, Deputy District Clerk L/ A copy of the agenda packet is available for public review at the district administrative office: 11570 Donner Pass Road.Public participation is encouraged.The meeting location is accessible to people with disabilities. Every reasonable effort will be made to accommodate participation of the disabled in all of the District's public meetings. If particular accommodations for the disabled are needed(i.e.disability- related aids,or other services), please contact the Clerk of the Board at(530)582-3909 or BarbaraCahill@tdpud.org,at least 24 hours in advance of the meeting. P.O.Box 309-Truckee,CA 96160-Phone: (530)587-3896-www.tdpud.org 1 TDPUD FINANCING CORPORATION Special Meeting December 2, 2009 The special meeting of the Board of Directors of the Truckee Donner Public Utility District Financing Corporation was called to order at 7:43 PM by President Hemig. ROLL CALL: Directors Joe Aguera, Jeff Bender Ron Hemig, and John Hillstrom were present. Director Patricia Sutton was absent. EMPLOYEES PRESENT: Steven Poncelet, Kathy Neus, Neil Kaufman, Mary Chapman, Michael Holley and Barbara Cahill CONSULTANTS PRESENT: Steve Gross OTHERS PRESENT: Juanita Schneider PUBLIC INPUT There was no public input. BUSINESS ITEM Mary Chapman gave a presentation detailing the history of the TDPUD Financing Corporation, the current financings and the recommendations to elect officers, approve annual reports and financial statements, and approve the December 17, 2008 minutes. ELECTION OF OFFICERS The Board by acclamation elected Jeff Bender as the President and John Hillstrom as the Vice President to serve as officers for the TDPUD Financing Corporation. ROLL CALL: Director Sutton, absent; All other Directors, aye, by voice vote. SO MOVED. Director Hemig moved, and Director Aguera seconded, that the Board by appoint Michael D. Holley to serve as Secretary and Mary Chapman to serve as the Treasurer of the TDPUD Financing Corporation. ROLL CALL: Director Sutton, absent; All other Directors, aye, by voice vote. SO MOVED. ANNUAL REPORTS AND FINANCIAL STATEMENTS: Director Hillstrom moved, and Director Hemig seconded, that the Board accept the annual reports for: Certificates of Participation Series 2003A and 2003B report as of December 31, 2008; Certificates of Participation (Water System Improvements) Series 2006, December 31, 2008, and Truckee Donner Public Utility District annual audited financial statements for FY08. ROLL CALL: Director Sutton, absent; All other Directors, aye, by voice vote. SO MOVED. 1 Finance Corp Minutes: Dec. 2, 2009 ROUTINE BUSINESS APPROVAL OF THE MINUTES OF DECEMBER 17, 2008 Director Hemig moved, and Director Aguera seconded, that the Board approve the minutes of December 17, 2008. ROLL CALL: Director Sutton, absent; All other Directors, aye, by voice vote. SO MOVED. ADJOURNMENT There being no further business before the Board, the meeting was adjourned at 7:53 PM. 2 Finance Corp Minutes: Dec. 2, 2009