Loading...
HomeMy WebLinkAbout12-11-2013 Administration Committee MinutesMINUTES OF THE REGULAR MEETING OF THE ADMINISTRATION COMMITTEE Orange County Sanitation District Wednesday, December 11, 2013, at 5:30 P.M. A regular meeting of the Administration Committee of the Orange County Sanitation District was held on December 11, 2013, at 5:30 p.m., in the Sanitation District's Administration Building. Following the Pledge of Allegiance, a quorum was declared present, as follows: COMMITTEE MEMBERS PRESENT: Brad Reese, Chair John Withers, Vice-Chair David Benavides Steven Choi Tyler Diep Peter Kim Prakash Narain Bob Ooten (Alternate) Joe Shaw Teresa Smith Troy Edgar, Board Chair COMMITTEE MEMBERS ABSENT: Jim Ferryman PUBLIC COMMENTS: None. REPORT OF COMMITTEE CHAIR: Committee Chair Reese did not give a report. REPORT OF GENERAL MANAGER: STAFF PRESENT: Jim Herberg, General Manager Bob Ghirelli, Assistant General Manager Lorenzo Tyner, Director of Finance & Administrative Services Jeff Reed, Director of Human Resources Nick Kanetis, Director of Engineering Maria Ayala, Clerk of the Board Norbert Gaia Al Garcia Andrew Nau Sarah Redinger OTHERS PRESENT: Brad Hagin, General Counsel Todd Staley, PIMCO Stephanie King, PIMCO General Manager, Jim Herberg, did not give a report. 12/11/13 Administration Committee Minutes Page 1 of 3 REPORT OF DIRECTOR OF FINANCE AND ADMINISTRATIVE SERVICES: Lorenzo Tyner, Director of Finance and Administrative Services, introduced Stephanie King and Todd Staley. Ms. King and Mr. Staley are representatives from Pacific Investment Management Company (PIMCO). They distributed a report of the District's investment strategy review, and proceeded to review the report and explained the performance of the District's investment portfolio. The Committee asked questions and made comments regarding: the firm's current management of the portfolio; changing the District's investment strategy; requesting more information on comparisons between OCSD and other similar agencies that the firm manages with similar portfolios; and what changes can be made to avoid a negative performance in the future. Director Nguyen made a request for the comparison information to be provided to the Committee at a later date. Staff, Ms. King, and Mr. Staley responded to questions from the Committee. CONSENT CALENDAR: 1. MOVED, SECONDED, AND DULY CARRIED: Approve Minutes of the November 13, 2013 Administration Committee Meeting. ACTION ITEMS: 2. Interview and select a labor relations consulting services firm per Steering Committee direction regarding meet and confer with represented employee groups, including assistance in developing labor negotiations strategies and providing assistance with other labor relations matters. 12/11/13 Jeff Reed, Director of Human Resources, briefly explained the item and the direction received from the Steering Committee. He introduced Andrew Nau, Sr. Human Resource Analyst, to explain the current status of labor unit contracts and negotiations process. He announced the four firms that would be interviewed by the Committee, members of each firm were present in the audience, and the briefly explained the interview process. After considerable dialogue and discussion by the Committee, with staff responding to various questions, the Administration Committee came to the following vote: Administration Committee Minutes Page 2 of 3 MOVED, SECONDED, and DULY CARRIED: Director Choi motioned, with Board Chair Edgar seconding the motion, for Committee Chair Reese to survey the Committee and select members to an ad hoc committee to conduct the interviews, after which the final recommendation will be brought back for the Administration Committee to consider for approval. OTHER BUSINESS AND COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IF ANY: None. ADJOURNMENT: Committee Chair Reese declared the meeting adjourned at 6:44 p.m. Subrnitted by: 12/11/13 Administration Committee Minutes Page 3 of 3