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HomeMy WebLinkAbout#4 Agenda Item AGENDA ITEM #4 Public Utility District m MEETING DATE: December 6, 2023 TO: Board of Directors FROM: SUBJECT: Elect a President and a Vice President who are serving on the Truckee Donner Public Utility District as officers for the TDPUD Financing Corporation. APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: Elect a President and Vice President who are serving on the Truckee Donner Public Utility District as officers for the TDPUD Financing Corporation BACKGROUND: ANALYSIS AND BODY: Each year, an annual meeting of the Truckee Donner Public Utility District Financing Corporation convenes to conduct their business, which includes the election of new officers. Per the Finance Corporation By-Laws, officers shall be a President and Vice President shall be chosen annually by the Board of Directors and each shall hold office until the officer's successor has been elected. GOALS AND OBJECTIVES: District Code 1 .05.020 Objectives: 1. Responsibly serve the public. 2. Provide a healthy and safe work environment for all District employees. 3. Provide reliable and high quality water supply and distribution system to meet current and future needs. 4. Provide reliable and high quality electric supply and distribution system to meet current and future needs. 5. Manage the District in an environmentally sound manner. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1 .05.030 Goals: 1. Manage for Financial Stability and Resiliency 2. Environmental Stewardship: Create a sustainable resilient environment for all our communities. Page 1 of 2 3. Engage with our customers and communities in a welcoming and transparent way to identify opportunities. 4. Take the best of private sector thinking to modernize the utility and add value to our communities. 5. Developing an inclusive culture drives organizational integration and success. FISCAL IMPACT: ATTACHMENTS: None Page 2 of 2