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HomeMy WebLinkAboutACTION SUMMARY 10-07-98 Central Contra Costa Sanitary District 5019 Imhoff Place, Martinez, Ca 94553 (925) 228-9500 . www.centralsan.org BOARD OF DIRECTORS: BOARD MEETING JAMES A. NEJEDLY PresIdent ACTION SUMMARY GERALD R. LUCEY President Pm T em PARKE L. BONEYSTEELE BARBARA D. HOCKETT MARIO M. MENESINI Adjourned Regular Meeting October 7, 1998 - 2:00 p.m. Second Floor Conference Room 1. ROLL CALL: PRESENT: ABSENT: Members: Members: Lucey, Hockett, Boneysteele, Nejedly Menesini 2. PUBLIC COMMENTS: BOARD ACTION: None 3. BUDGET AND FINANCE: a. Review Audited Financial Statements with the District Auditors, Hood and Strong BOARD ACTION: Reviewed Audited Financial Statements b. Consider Extending Hood and Strong as District Auditors for the next two years BOARD ACTION: Extended Hood and Strong as District Auditors for the next two years as recommended by staff c. Discuss Issues relating to Refinancing the District's 1994 Revenue Installment Certificates with the District Financial Advisor, Stone & Youngberg, and the District's Bond Counsel, Jones Hall BOARD ACTION: Discussed issues relating to refinancing @ Recycled Paper d. Discuss Funding the District's Unfunded Liability BOARD ACTION: Discussed and a committee of the Board recommended that staff proceed with exploring legislation which would allow the District to derive the economies enjoyed by the County in funding unfunded retirement liability e. Consider Increasing the District's Investment in Local Agency Investment Fund (LAIF) BOARD ACTION: Considered staff presentation and calendared for decision at October 15, 1998 Board Meeting 4. REPORTS/ANNOUNCEMENTS: BOARD ACTION: None 5. ADJOURNMENT: BOARD ACTION: Adjourned at the hour of 4:05 p.m. 2