HomeMy WebLinkAbout03-13-2024 Administration Committee MinutesOrange County Sanitation District
Minutes for the
ADMINISTRATION COMMITTEE
Wednesday, March 13, 2024
5:00 PM
Board Room
Administration Building
10844 Ellis Avenue
Fountain Valley, CA 92708
(714) 593-7433
CALL TO ORDER
A regular meeting of the Administration Committee of the Orange County Sanitation District
was called to order by Committee Chairwoman Christine Marick on Wednesday, March 13,
2024 at 5:00 p.m. in the Administration Building of the Orange County Sanitation District.
Director Pat Burns led the pledge of allegiance.
ROLL CALL AND DECLARATION OF QUORUM:
The Clerk of the Board declared a quorum present as follows:
PRESENT:Pat Burns, Rose Espinoza, Ryan Gallagher, Glenn Grandis, Farrah
Khan, Christine Marick, Jordan Nefulda, Andrew Nguyen, Robbie
Pitts, David Shawver, Chad Wanke and John Withers
ABSENT:Brad Avery
STAFF PRESENT: Rob Thompson, General Manager; Lorenzo Tyner, Assistant General
Manager; Mike Dorman, Director of Engineering; Laura Maravilla, Director of Human
Resources; Riaz Moinuddin, Director of Operations and Maintenance; Wally Ritchie, Director
of Finance; Lan Wiborg, Director of Environmental Services; Kelly Lore, Clerk of the Board;
Jennifer Cabral; Mortimer Caparas; Thys DeVries; Al Garcia; Tina Knapp; Rob Michaels;
Perla Rodriguez; Thomas Vu; and Ruth Zintzun were present in the Board Room.
OTHERS PRESENT: Brad Hogin, General Counsel, was present in the Board Room.
PUBLIC COMMENTS:
None.
REPORTS:
Chair Marick and General Manager Rob Thompson did not provide a report.
CONSENT CALENDAR:
1.APPROVAL OF MINUTES 2024-3512
Originator: Kelly Lore
MOVED, SECONDED, AND DULY CARRIED TO:
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ADMINISTRATION
COMMITTEE
Minutes March 13, 2024
Approve minutes of the Regular meeting of the Administration Committee held
February 14, 2024.
AYES:Pat Burns, Ryan Gallagher, Glenn Grandis, Farrah Khan, Christine
Marick, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David
Shawver, Chad Wanke and John Withers
NOES:None
ABSENT:Brad Avery
ABSTENTIONS:Rose Espinoza
NON-CONSENT:
2.WASTEWATER REFUNDING REVENUE OBLIGATIONS, SERIES
2024A
2024-3423
Originator: Wally Ritchie
Director of Finance Wally Ritchie provided a brief introduction to the item.
MOVED, SECONDED, AND DULY CARRIED TO: Recommend to the Board of
Directors to:
A. Adopt Resolution No. OC SAN 24-XX entitled: “A Resolution of the Board of
Directors of the Orange County Sanitation District authorizing the execution and
delivery by the District of an Installment Purchase Agreement, a Trust
Agreement, a Continuing Disclosure Agreement and an Escrow Agreement in
connection with the Orange County Sanitation District Wastewater Refunding
Revenue Obligations, Series 2024A, authorizing the execution and delivery of
such Revenue Obligations evidencing principal in an aggregate amount of not to
exceed $157,605,000, approving a Notice of Intention to Sell, authorizing the
distribution of an Official Notice Inviting Bids and an Official Statement in
connection with the offering and sale of such Revenue Obligations and
authorizing the execution of necessary documents and related actions”; and
B. That the Orange County Sanitation District Financing Corporation approve the
documents supporting and authorizing the Revenue Obligations in an aggregate
amount not to exceed $157,605,000.
AYES:Pat Burns, Rose Espinoza, Ryan Gallagher, Glenn Grandis, Farrah
Khan, Christine Marick, Jordan Nefulda, Andrew Nguyen, Robbie
Pitts, David Shawver, Chad Wanke and John Withers
NOES:None
ABSENT:Brad Avery
ABSTENTIONS:None
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ADMINISTRATION
COMMITTEE
Minutes March 13, 2024
INFORMATION ITEMS:
3. FY 2024-25 AND 2025-26 ORANGE COUNTY SANITATION DISTRICT
BUDGET REVENUES AND RESERVES OVERVIEW
2024-3378
Originator: Wally Ritchie
Director of Finance Wally Ritchie introduced the item and introduced Finance and
Procurement Manager Ruth Zintzun who provided a PowerPoint presentation regarding
the FY 2024-25 and FY 2025-26 revenues and reserves which included an overview of
the four major revenue categories: fees and charges, general and other income, and
debt financing. Ms. Zintzun also provided an overview of the reserve policy and key
meeting dates.
ITEM RECEIVED AS AN:
Information Item.
DEPARTMENT HEAD REPORTS:
None.
CLOSED SESSION:
None.
OTHER BUSINESS AND COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IF
ANY:
None.
BOARD OF DIRECTORS INITIATED ITEMS FOR A FUTURE MEETING:
None.
ADJOURNMENT:
Chair Marick declared the meeting adjourned at 5:09 p.m. to the next Regular Administration
Committee meeting to be held on Wednesday, April 10, 2024 at 5:00 p.m.
Submitted by:
__________________
Kelly A. Lore, MMC
Clerk of the Board
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