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HomeMy WebLinkAbout07-13-2016 Administration Committee MinutesMINUTES OF THE ADMINISTRATION COMMITTEE Orange County Sanitation District Wednesday, July 13, 2016 at 5:00 P.M. A regular meeting of the Administration Committee of the Orange County Sanitation District was called to order by Committee Chair Curry on July 13, 2016 at 5:00 p.m. in the Administration Building of the Orange County Sanitation District. Zander Sternin, Troop 671, led the Flag Salute. A quorum was declared present, as follows: COMMITTEE MEMBERS PRESENT: Keith Curry, Chair Lucille Kring, Vice-Chair Steven Choi Diana Fascenelli (Alternate) Jim Ferryman Peter Kim Joy Neugebauer Erik Peterson (Alternate) John Nielsen, Board Chair COMMITTEE MEMBERS ABSENT: Glenn Parker Teresa Smith Sal Tinajero Greg Sebourn, Board Vice-Chair PUBLIC COMMENTS: None. REPORT OF COMMITTEE CHAIR: STAFF PRESENT: Jim Herberg, General Manager Bob Ghirelli, Assistant General Manager Celia Chandler, Director of Human Resources Jim Colston, Director of Environmental Services Rob Thompson, Director of Engineering Ed Torres, Director of Operations & Maintenance Lorenzo Tyner, Director of Finance & Administrative Services Kelly Lore, Clerk of the Board Al Garcia Rebecca Long Mark Manzo Warren Sternin Mike White OTHERS PRESENT: Brad Hagin, General Counsel Ed Soong, Consultant, PRAG Zander Sternin Committee Chair Curry did not provide a report. 07/13/2016 Administration Committee Minutes Page 1 of 3 REPORT OF GENERAL MANAGER: General Manager Jim Herberg reminded the Committee of the upcoming Community Open House, to be held jointly with the Orange County Water District, on Saturday, August 13, 2016 from 10 a.m. to 2 p.m. REPORT OF DIRECTOR OF FINANCE AND ADMINISTRATIVE SERVICES: Director of Finance and Administrative Services Lorenzo Tyner did not provide a report. CONSENT CALENDAR: 1. APPROVAL OF MINUTES (Clerk of the Board) MOVED, SECONDED AND DULY CARRIED TO: Approve Minutes of the June 8, 2016 Administration Committee Meeting. AYES: Choi, Curry, Fascenelli (Alternate), Ferryman, Kim, Kring, Neugebauer, Nielsen, and Peterson (Alternate) NOES: None ABSTENTIONS: None ABSENT: Parker, T. Smith, Sebourn and Tinajero NON-CONSENT: Lorenzo introduced Ed Soong, Executive Vice President with Public Resource Advisory Groug (PRAG), who provided an informative PowerPoint presentation regarding the recommended revenue refunding of the CANs Series 20148. He provided historical data on the cost of refunding, and the benefits and disadvantages of the varying refunding rates. 2. REVENUE REFUNDING CERTIFICATE ANTICIPATION NOTES, SERIES 2016B (Lorenzo Tyner) MOVED, SECONDED AND DULY CARRIED TO: Recommend to the Board of Directors to: Authorize the General Manager to issue Revenue Refunding Certificate Anticipation Notes, Series 2016B, as two-year fixed-rate obligations, subject to market conditions, in an amount not to exceed $120,000,000 to replace the $120,850,000 Revenue Refunding Certificate Anticipation Notes, Series 2014B maturing on November 15, 2016. AYES: Choi, Curry, Fascenelli (Alternate), Ferryman, Kim, Kring, Neugebauer, Nielsen, and Peterson (Alternate) NOES: None ABSTENTIONS: None ABSENT: Parker, T. Smith, Sebourn and Tinajero 07/13/2016 Administration Committee Minutes Page 2 of 3 INFORMATION ITEMS: 3. ENERGY SUPPLY AND DEMAND (Rob Thompson) Assistant General Manager Bob Ghirelli introduced this item, indicating that biogas has become a marketable product and Board policy will be needed as to whether or not sale of the biogas aids or detracts from the Sanitation District's goal of becoming energy independent. Director of Engineering Rob Thompson provided a PowerPoint presentation that identified the Sanitation District's energy supply and demand, how biogas is created and converted into electricity and heat, a proposed policy statement, and research/partnering focus. Alternative energy sources (AquaCritox, Solar) and analysis were discussed, along with the prices/costs of producing marketable products . CLOSED SESSION: None. OTHER BUSINESS AND COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IFANY: ADJOURNMENT: Committee Chair Curry declared the meeting adjourned at 5:33 p.m . to the next regularly scheduled meeting of Wednesday, September 14, 2016 at 5:00 p.m. Subr.nitted by: 07/13/2016 Administration Committee Minutes Page 3 of 3