F & A Committee (10-18-2022)

Notice

Notice is hereby given that a regular meeting of the Finance & Administration Committee of the Board of Directors of Westlands Water District will be held on October 18, 2022, at 10:00 a.m. at the District’s Fresno Office, 3130 N. Fresno Street, Fresno, California 93703.

Any member of the public may participate in the meeting through Zoom

Join the meeting from a computer, tablet or smartphone:

Join Zoom Meeting

Meeting ID: 879 7931 4643

Passcode: 3130

Dial-In Number: (669) 900-9128

Use the meeting id and passcode from above

After you join, please mute your line.

If you have problems using the Zoom prior to the start of the meeting, please contact the District’s IT staff at 559-224-1523 or itstaff@wwd.ca.gov.  Requests for assistance made during the meeting may not be responded to timely

Committee Members

Stan Nunn, Chair
William Bourdeau
Ryan Ferguson
Jeff Fortune

Public Comment – Any member of the public may address the Committee concerning any matter on the agenda before or during its consideration of that matter. Public comment is limited to three minutes per person and no more than fifteen minutes per topic. For good cause, the Committee Chair may waive these limitations.

Meeting Agenda

1. Call to Order
2. Committee to Consider Corrections or Additions to the Agenda of Items, as authorized by Government Code Section 54950 et seq.
3. Committee to Consider Approval of Minutes of the Regular Meeting of September 20, 2022
4. Committee to Consider Recommendation that the Board of Directors Approves the Accounts Payable Reports
5. Committee to Consider Board of Directors’ October 18, 2022, Agenda Items:
   1. Item 3b.  Consider Approval of the Accounts Payable Reports
   2. Item 3c.  Consider Acceptance of the Investment and Financial Reports
   3. Item 11a. Consider 2022-2023 Budget Transfer and Augmentation – Mid-Year Budget Review
6. Committee to Consider Requests for Waiver of Rules & Regulations, Terms and Conditions, or Other District Financial Provisions:
   1. Waiver of Penalties by Angad Estates, LLC
7. Committee to Consider Recommendation that the Board of Directors Approves Budget Transfers, Augmentations and Other Matters
   1. Committee to Consider a Recommendation that the Board of Directors Approves a 2022-2023 Budget Transfer and Augmentation for Mid-Year Budget Review
8. Committee to Consider 2023-2024 Budget Schedule
9. Committee to Consider Recommendation for Approval of a Water Year 2021-2022 Refund
10. Committee to Consider Water Supply and Supplemental Water Allocation
11. Committee to Consider Recommendation that the Board of Directors Accepts Investment and Financial Reports
12. Public Comment – Any member of the public may address the Committee concerning any matter not on the Agenda within the Committee’s jurisdiction. Public comment is limited to three minutes per person and no more than fifteen minutes per topic. For good cause, the Committee Chairperson may waive these limitations.
13. Closed Session – The Committee will meet in closed session pursuant to the Government Code sections noted to discuss the following:
    1. Conference With Legal Counsel – Anticipated Litigation
       Significant exposure to litigation pursuant to paragraph (2) or (3) of subdivision (d) of Government Code Section 54956.9 – 1 potential cases
    2. Conference With Legal Counsel – Anticipated Litigation
       Initiation of Litigation Pursuant to paragraph (4) of Subdivision (d) of Government Code Section 54956.9 – 14 potential cases
14. Report from Closed Session, if any, Required by Government Code Section 54957.1.
15. Adjournment

Order of Business

The order of business reflected in this Agenda is subject to change.

Accessibility

A person with a qualifying disability under the Americans with Disabilities Act of 1990 may request the District provide a disability-related modification or accommodation in order to facilitate that person’s participation in any public meeting of the District.  Such assistance includes appropriate alternative formats for the agendas and agenda packets used for any public meetings of the District.  Requests for such assistance may be made in person at the District’s Fresno office, which is located at 3130 N. Fresno St., Fresno, California, by telephone (559-224-1523), facsimile (559-241-6277), or written correspondence addressed to Westlands Water District, Attn: Karen Clark, P.O. Box 6056, Fresno, California 93703.  Notifications of at least 48 hours prior to the meeting will assist staff in assuring that reasonable arrangements can be made.

Remote Participation by Members of the Public

At this time, the District permits any member of the public to participate in meetings of its Board and Committees from any location by telephone or video, or both.  Remote participation by members of the public from any location is offered as a courtesy and is not required by law.  Telephone and internet access and reliability varies widely, and District staff may not be able to assist members of the public with technical difficulties.  To avoid issues that may arise from participating remotely by phone or video, members of the public who wish to provide public comment are encouraged to attend in person at a noticed location.

At the appropriate time to provide the comment, members of the public wishing to comment will be acknowledged by the Chair of the meeting.  Members of the public participating by video should use the “Raise Hand” tool located in Zoom meeting link when seeking to provide public comment on an item.

Document Availability

Written material related to an item on this agenda that is distributed less than 72 hours prior to this meeting to at least a majority of the members of the legislative body will be available for inspection during normal business hours at the District’s Fresno office, which is located at 3130 N. Fresno Street, Fresno, California.

Written material distributed during a public meeting will be available for public inspection at the meeting, if prepared by District staff or a member of its legislative body, or after the meeting if prepared by some other person.

Disclosure

This agenda has been prepared pursuant to applicable laws of the State of California, including but not limited to, Government Code section 54950 et seq.  The agenda and information to support items on the agenda have not been prepared to inform an investment decision concerning the District, including in any of District’s bonds, notes, or any other financial obligations.  Any projections, plans, or other forward-looking statements included in the information in this agenda or the information supporting the items on the agenda are subject to a variety of uncertainties that could cause any actual plans or results to differ materially from such statements. The information in this agenda and the information supporting the items on the agenda are not intended to be used by investors or potential investors in considering the purchase or sale of the District’s bonds, notes, or other financial obligations.  Investors and potential investors should rely only on information filed by the District on the Municipal Securities Rulemaking Board’s Electronic Municipal Market Access System for municipal securities disclosures and the District’s Investor Relations website, maintained on the World Wide Web at emma.msrb.org and wwd.ca.gov/investor-relations, respectively.  For purposes of this note, “District” means Westlands Water District, Westlands Water District Distribution District No. 1, Westlands Water District Distribution District No. 2, San Luis Unit/Westlands Water District Financing Authority, and/or Westlands Water District Financing Corporation.