HomeMy WebLinkAbout6 Meeting Minutes Agenda Item # 6
Truckee Donner Public Utility
Financing Corporation
MINUTES
To: Board of Directors
From: Barbara Cahill
Date: December 15, 2010
Minutes for the Meeting Dates
Approval of Minutes of December 2, 2009 for the
Financing Corporation
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.
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