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02-0115_CVWD_Minutes_Adjourned Regular Meeting1 MINUTES January 15, 2002 Adjourned Regular Meeting CAPISTRANO VALLEY WATER DISTRICT BOARD OF DIRECTORS CLOSED SESSION (610.85) - None Chairman Bathgate called the Regular Meeting of the Board of Directors of the Capistrano Valley Water District to order at 8:02 p.m. in the City Council Chamber. ROLL CALL BOARD MEMBERS PRESENT: Wyatt Hart, Collene Campbell, David M. Swerdlin, Vice Chairman John S. Gelff and Chairman Diane Bathgate BOARD MEMBERS ABSENT: None STAFF PRESENT: George Scarborough, General Manager; Julia Silva, Assistant City Manager; John Shaw, Legal Counsel; Meg Monahan, Clerk of the Board; Cynthia L. Russell, Chief Financial Officer; Thomas Tomlinson, Planning Director; William M. Huber, Engineering and Building Director; Al King Jr., Community Services Director; Lt. Rick Stahr, Chief of Police Services; and, Dawn Schanded, Deputy City Clerk. CONSENT CALENDAR - None BOARD ACTIONS: C1. RESOLUTION CVWD NO. 02-01-15-01 ADOPTED APPROVING THE FORMATION OF THE SAN JUAN CAPISTRANO PUBLIC FINANCING AUTHORITY (340.50) Proiect Description: The Domestic Water Master Plan (DWMP) identified the issuance of debt as a component of the financing for the DWMP improvements to the water system. In order to finance the improvements staff has recommended approval of a Joint Exercise of Powers Agreement between the City of San Juan Capistrano, the Capistrano Valley Water District and the San Juan Capistrano Community Redevelopment Agency to create the San Juan Capistrano Public Financing Authority. Written Communications: Report dated January 15, 2002, prepared by Cynthia L. Russell, Administrative Services Director. CVWD Minutes 1-15-02 Oral Presentation: Cynthia L. Russell, Administrative Services Director, reviewed the staff recommendation. Board Action: Moved by Director Campbell, seconded by Vice Chairman Gelff and carried unanimously, 5-0, to adopt RESOLUTION NO. CVWD 02-01-15-01 entitled "A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CAPISTRANO VALLEY WATER DISTRICT, APPROVING THE ,JOINT EXERCISE OF POWERS AGREEMENT AMONG THE CITY OF SAN JUAN CAPISTRANO, THE WATER DISTRICTAND THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY CREATING THE SAN JUAN CAPISTRANO PUBLIC FINANCING AUTHORITY" ADJOURNMENT There being no further business, Chairman Bathgate adjourned the meeting at 8:03 p.m. to Tuesday, February 5, 2002, in the City Council Chamber. Respectfully submitted, 12, R. MONAHAN, CLERK OF THE BOARD Adopted: February 19, 2002 ATTEST: DIANE BATHGATE, CH CVWD Minutes 2 1-15-02