HomeMy WebLinkAboutBUDGET & FINANCE ACTION SUMMARY 09-14-10SPECIAL MEETING OF THE
CENTRAL CONTRA COSTA BOARD OF DIRECTORS
SANITARY DISTRICT NIICHAELR.MCGILL
President
BUDGET AND FINANCE COMMITTEE BARBARA D.HOCKETT
President Pro Tem
ACTION SUMMARY
Chair Nejedly
Member Hockett
Tuesday, September 14, 2010
3:00 p.m.
Executive Conference Room
5019 Imhoff Place
Martinez, California
GERALD R. LUCEY
MARIO M. NIENESINI
JAMES A. NEJEDLY
PHONE: (925) 228 -9500
FAX: (925) 676 -7211
www.centralsan.org
PRESENT: Jim Nejedly, Barbara Hockett, Randy Musgraves, Debbie Ratcliff
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Call Meeting to Order
Chair Nejedly called the meeting to order at 3:00 p.m.
Public Comments
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Old Business
a. Review Outstanding Questions
COMMITTEE ACTION: Reviewed two outstanding questions.
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Claims Management
a. Review new and outstanding claims
There were no new or outstanding claims noted on the claims report.
However, immediately prior to the Committee meeting, the District
received a letter from the Stanzler Law Group notifying the District of a
potential lawsuit pursuant to the Resource Conservation and Recovery Act
Budget and Finance Committee
September 14, 2010
Page 2
of 1976, for alleged environmental contamination near 1601 Contra Costa
Boulevard, Pleasant Hill, California.
COMMITTEE ACTION: Received the report.
b. Small Claims Court
Staff filed a small claims court action against Stephen Isaacs, the owner of
the property at 79 Loma Vista in Orinda, due to the stoppage of payments
and communication with the District.
COMMITTEE ACTION: Recommended notifying the full Board of
staff's action.
5. Reports and Announcements
a. Review July 31, 2010 GASB 45 Trust Account Report
Staff reviewed the July 2010 financial results on the District's GASB 45
Trust investments. The one -month return was 4.65 %.
COMMITTEE ACTION: Received the report.
b. CCCERA De- pooling Report and September 8, 2010 Board Meeting
(Item 6.a.1) in Board Binder)
Staff indicated that John Bartel is reviewing the data provided by CCCERA
to determine if the data, assumptions, estimates and methodology support
the 4.87% increase in the rate as a result of de- pooling for the District
retirement contribution.
COMMITTEE ACTION: Received the report.
6. Review Expenditures (Item 3.a. in Board Binder)
COMMITTEE ACTION: Recommended Board approval.
7. Review July 2010 Financial Statements (Item 3.b. in Board Binder)
COMMITTEE ACTION: Recommended Board approval.
8. Adjournment — at 3:20 p.m.