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HomeMy WebLinkAbout09-09-2009 Administration Committee MinutesMINUTES OF THE REGULAR MEETING OF THE ADMINISTRATION COMMITTEE Orange County Sanitation District Wednesday, September 9, 2009, at 5:00P.M. A meeting of the Administration Committee of the Orange County Sanitation District was held on September 9, 2009 , at 5 :00p.m ., in the Sanitation District's Administrative Office . Following the Pledge of Allegiance, a quorum was declared present , as follows : ADMINISTRATION COMMITTEE MEMBERS : DIRECTORS PRESENT: Mark Waldman, Chair Phil Luebben , Vice Chair John Anderson Keith Bohr Jon Dumitru Jim Ferryman Chris Norby Brad Reese Christina Shea John Withers Doug Davert, Board Chair Larry Crandall, Board Vice Chair DIRECTORS ABSENT: Sal Tinajero PUBLIC COMMENTS There were no public comments . REPORT OF THE COMMITTEE CHAIR Chair Waldman did not give a report . REPORT OF THE GENERAL MANAGER STAFF PRESENT: Jim Ruth , General Manager Bob Ghirelli , Assistant General Manager Lorenzo Tyner, Director of Finance and Administrative Services Lilia Kovac, Committee Secretary Jeff Reed, Human Resources Manager Mike White , Controller Marty England Norbert Gaia Rich Spencer OTHERS PRESENT: Derek Fan Brad Hogin John Miller Ed Soong T FILED IN THE 9FF 1 ~~9f ORA ~~e~bU~~ ~ANrr~floN'6f892cr SEP 23 2009 BY: '1-K , -~-----"""' General Manager, Jim Ruth, did not give a report. Minutes of the Administration Committee ' September 9, 2009 Page 2 REPORT OF DIRECTOR OF FINANCE AND ADMINISTRATIVE SERVICES Lorenzo Tyner, Director of Finance and Administrative Services, introduced the investment team from PIMCO, who briefly reviewed the current economic status and its impact on the Sanitation District's investments. It was reported that the investment objectives were achieved and outperformed the investment policy's benchmarks. REPORT OF GENERAL COUNSEL Brad Hogin, General Counsel, did not give a report . CONSENT CALENDAR ITEMS 1. MOVED, SECONDED, AND DULY CARRIED: Approve minutes of the June 10, 2009, meeting of the Administration Committee. ACTION ITEMS 2 . MOVED, SECONDED, AND DULY CARRIED: Recommend to the Board of Directors to authorize the General Manager to issue Refunding Certificates of Participation, Series 2009B, in one-year fixed-rate certificate anticipation notes in an amount not to exceed $181 million to replace the $176 million Refunding Certificates of Participation, Series 2008C certificate anticipation notes maturing in December 2009. INFORMATIONAL ITEMS (3) 3. Human Resources Strategic Plan Human Resources Manager, Jeff Reed, provided an overview of the Human Resources Strategic Plan. Mr. Reed reviewed the three-year plan, which includes the following objectives : Staffing Procedures, On-Boarding, Succession Management, Performance Management, Technology Enhancement, and Employee Outreach. CLOSED SESSION There was no closed session. OTHER BUSINESS, COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IF ANY There were none. • Minutes of the Administration Committee September 9, 2009 Page 3 ADJOURNMENT AND FUTURE MEETING DATES The Chair declared the meeting adjourned at 6:20p.m . The next regular Administration Committee meeting is scheduled for October 14, 2009, at 5:00p.m . Submitted by : ~~~~~ Lilia Kovac Committee Secretary H:\dept\agenda\Admin Committee\2009\0909\090909 Admin Minutes .docx