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HomeMy WebLinkAboutAgenda Packet - EVWD Board of Directors - 04/27/2010East Valley Water District 3654 HIGHLAND AVE., SUITE 412, HIGHLAND, CA BOARD MEETING April 27, 2010 3:00 P.M. AGENDA --------------------------------------------------------------------- "In order to comply with legal requirements for posting of agenda, only those items filed with the District Secretary by 10:00 a.m. on Wednesday prior to the following Tuesday meeting not requiring departmental investigation, will be considered by the Board of Directors ". --------------------------------------------------------------------- CALL 70 ORDER PLEDGE OF ALLEGIANCE ?ublic Comments 2. Approval of Agenda CONSENT CALENDAR 3. Approval of Board meeting minutes for April 13, 2010 4. Accounts Payable Disbursements: Accounts Payable Checks 4 223861 through # 224047 'vhich were distributed during the period of April 7, 2010 through April 19, 2010 in the amount of $806,202.64 and Payroll and benefit contributions for the period ended April 19, 2010 and included checks and direct deposits in the amount of $224,860.41 and $10.364.86. Total Disbursement for the period $1,041,427.91 OLD BUSINESS 5. Discussion and possible action regarding the 2010 water and sewer rate study 6. Discussion and possible action regarding the San Bernardino Valley Water Conservation District's proposed groundwater assessment charge NEW BUSINESS 7. Discussion and possible action regarding Plant 134 construction bid 8. Discussion and possible action regarding the City Creek Mutual Water Company and appointment of Directors 9. ]Discussion and possible action regarding the Second Amendment to the Property Access and Release Agreement with Metropolitan Water District REPORTS 10. Review and accept the Investment Report for the quarter ended March 31, 2010 11. General Manager / Staff Reports 12. Consultant Reports 13. Committee Reports a. Legislative (Standing) b. Community Affairs (Standing) c. Policy Committee (Ad -Hoc) d. Labor Negotiations (Ad -Hoc) 14. Oral comments from Board of Directors CORRESPONDENCE 15. Letter of appreciation to the District from Edge Development- Inc. CLOSED SESSION 16. CONFERENCE WITH LEGAL COUNSEL — ANTICIPATED LITIGATION Significant exposure to litigation pursuant to Government Code Section 54956.9(b) One Potential Case 17. CONFERENCE WITH LABOR NEGOTIATOR [Government Code Section 54956.6(a)] District Negotiator: General Manager Employee Organization: S.B.P.E.A. ADJOURN ------------------------ -------------- - - - - -- --------------- - - - -- Pursuant to Government Code Section 54954.2(a), any requesl for a disability- related modification or accommodation, including auxiliar% aids or services, that is smi ht in order to participate in the above - agendized public meeting should be directed to the District's Administrative Manager at (909) 885 -4900 at least 72 hours prior to said meeting. -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2 Sub ect to Approval EAST VALLEY WATER DISTRICT April 13, 2010 REGULAR BOARD MEETING MINUTES The meeting was called to order at 3:00 p.m. by President Wilson, Director Sturgeon led the flag salute. PRFSENT: Directors: Morales, Sturgeon, Wilson ABSENT: Director: Malmberg , Le Vesque STAFF: Robert Martin, General Manager; Brian Tompkins, Chief Financial Officer; Ron Buchwald, District Engineer; Justine Hendricksen, Administrative Manager; Cecilia Contreras, Administrative Office Specialist: Gary Sturdivan, East Valley Water District LEGAL COUNSEL: Steve Kennedy GUEST (S): Jo McAndrews (McAndrews & Boyd) APPROVAL OF AGENDA M /S /C (Sturgeon- Morales) that the April 13, 2010 agenda be approved as submitted. PUBLIC PARTICIPATION President Wilson declared the public participation section of the meeting open at 3:01 p.m. There being no written or verbal comments, the public participation section was closed. APPROVAL OF BOARD MEETING MINUTES FOR MARCH 23, 2010 M /S /C (Sturgeon - Morales) that the Board Meeting minutes be approved as submitted. APPROVAL OF SPECIAL MEETING MINUTES FOR APRIL 1, 2010 M /S /C (Sturgeon— Morales) that the Special Meeting minutes be approved as submitted. GENERAL MANAGER EXPENSES M /S /C (Sturgeon- Morales) that the General Manager expenses be approved. (Minutes 4'13'10(anc 1 DISBURSEMENTS M,S /C (Sturgeon - Morales) that General Fund Disbursements 4223581 through 4223860 which were distributed during the period of March 17, 2010 through April 6, 2010, in the amount of $725,430.26 and Payroll and benefit contributions for the period ended April 6, 2010 and included checks and direct deposits, in the amount of $514,684.16 be approved. Total Disbursement for the period $1,240,114.42. DISCUSSION REGARDING BUDGET CONSIDERATIONS FOR 2010/2011 The General Manager stated that assumptions were built into the rate study to provide coverage ratios and to fund reserves; that lie met with HDR and received preliminary results regarding rate increases; that he needs to confirm some of the assumptions and will make corrections as needed and bring these changes back to the Board for approval; that we need to set a date for a public hearing and he would like to implement new rates if approved, effective July 1", 2010. Director LeVesque arrived at 3:21 p.m. Mr. Tompkins reviewed the summary of requirements regarding the preliminary information. The Board is concerned with a number of factors relating to the proposed rate increases, and Prop 218 notices. The Board reviewed a sample notice prepared by staff and would like it revised. The Board discussed this topic in great detail with no action being taken. The Board however has scheduled a special meeting for Tuesday, April 20"' to further discuss this item. No action taken. DISCUSSION AND POSSIBLE ACTION REGARDING BALLOT AND REVISED BALLOT FOR THE SPECIAL DISTRICT SELECTION FOR REGULAR LAFCO MEMBER AND ALTERNATE LAFCO MEMBER M /S /C (LeVesque - Morales) that Board select James Curatalo on the ballot for the regular LAFCO member. M /S /C (LeVesque- Sturgeon) that the Board select Steve Farrell on the ballot for the alternate LAFCO member. DISCUSSION AND POSSIBLE ACTION REGARDING THE INLAND EMPIRE SOLAR CHALLENGE M /S /C (Sturgeon -Le Vesque) that the District continue to be the lead sponsor and suPport the Inland Empire Solar Challenge for this year, but will not be the lead sponsor for future events. (Minutes 04 /13 /10)cmc 2 DISCUSSION AND POSSIBLE ACTION REGARDING OEHHA EXTERNAL SCIENTIFIC PEER REVIEW OF DRAFT PUBLIC HEALTH GOAL FOR CHROMIUM 6 The General Manager stated that there are currently no standards for Chromium 6; that the District has detected Chromium 6 in low levels in the system,; that he recommends that the Board approve the participation to conduct the peer review and to commit up to $1.000 to AC a A for the Peer Review. M /S /C (Le Vesque - Morales) that the board approve a commitment of up to $1,000 for the Peer Review of Draft Public Health Goal for Chromium 6. DISCUSSION AND POSSIBLE ACTION REGARDING NOAA FROM THE CALIFORNIA DEPARTMENT OF PUBLIC HEALTH REGARDING THE EA,STWOOD FARMS MUTUAL WATER COMPANY PROJECT The District has received the Notice of Acceptance of Application (NOAA) for grant funding regarding the consolidation of Eastwood Farms Mutual Water Company; that an assessment district needs to be formed by October I ", 2010; that McKeever Engineering is underway on the design process. M /S /C (LeVesque- Sturgeon) that the Board authorized the General Manager to accept and sign the NOAA for the Eastwood Farms Mutual Water Company. REVIEW AND ACCEPT FINANCIAL STATEMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2010 Mr. Tompkins reviewed the financial statements with the Board. M /S /C (Sturgeon- LeVesque) that the Financial Statements for the period ended February 28, 2010 be accepted. DISCUSSTION AND POSSIBLE ACTION REGARDING PUBLIC OUTREACH COMMITTEE NAME President Wilson approved the name change of the Public Outreach Committee to become Community Affairs Committee, DIRECTORS' FEES AND EXPENSES FOR MARCH 2010 M /S /C (Sturgeon - LeVesque) that the Directors' fees and expenses for March 2010 be approved ACCEPT THE PUBLIC OUTREACH COMMITTEE MINUTES FOR: MARCH 16, 2009 (Minute 04'13.10) cmc 3 MAY 27, 2009 AUGUST 20, 2009 SEPTEMBER 24, 2009 M /C /S (Sturgeon- LeVesque) that the minutes for the Public Outreach Committee be accepted. GENERAL MANAGER / STAFF REPORT The General Manager stated that there are new groundwater rules that dictate where water samples can be taken; that there will be some flushing required due to the new disinfection process. Mr. Buchwald stated that the District is currently flushing Well 24 on Lynwood and Harrison. CONSULTANT REPORTS There were no consultant reports. COMMITTEE REPORTS z. Legislative Committee — The General Manager stated that a task force is gearing up regarding the current issue with the Santa Ana Sucker fish. b. Public Outreach — No report at this time. Policy Committee — Director Morales stated that the committee is working on draft norms and retention policy; that the General Manager and Mr. Sturdivan are working on a Drug & Alcohol Policy. J. Labor Negotiations — The General Manager stated that he has a meeting with SBPEA regarding negotiations this week. ORAL COMMENTS FROM BOARD OF DIRECTORS No comments from the Board. LETTER TO THE DISTRICT FORM THE SAN BERNARDINO HISTORICAL AND PIONEER SOCIETY REGARDING THE MAYOR'S RUN ON MAY 8 & 9 The General Manager stated that the District will be providing water for the event and displaying the District's 1954 Chevy. LETTER TO THE DISTRICT FROM SAN BERNARDINO VALLEY WATER CONSERVATION DISTRICT REGARDING GROUNDWATER ASSESSMENTS Information only. ACWA'S SPRING CONFERENCE & EXHIBITION, MONTEREY, MAY 4-7,2010 Information only. (Minutes 04,13 10) core 4 ADJOURN The meeting was adjourned at 5:32 p.m. Robert E. Martin, Secretary George E "Skip" Wilson, President (Minutes 04'1310) cmc 5 East Valley Water District Board Memorandum From: E3rian W. Tompkins /Chief Financial Officer Subject : Disbursements. 4 Recomrnandation: Approve the attached list of accounts payable checks and payroll issued during the period April 7, 2010 through April 19, 2010. Date: April 27, 2010 Background: Accounts payable checks are shown on the attached listing and include numbers 223861 to 224047 for A total of $806,202.64. The source of funds for this amount is as follows: Unrestricted Funds $806,202.64 Payroll and benefit contributions paid for this period totaled $224,860.41. Director payroll for this period totaled $10,364.86. 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Tompkins, CFO /Treasurer Subject:: Revised estimate of affect of delaying City Treatment rates until October 1, 2010 Recommendation: Information Only Background: At the special meeting on Tuesday, April 20, 2010, 1 was asked if I knew what the affect of delaying the effective date of the City's 2010 sewer treatment rates, from July 1 until October 1, would be. Working from memory, I replied that I had calculated the difference at $14,000 to $15,000 monthly. I also stated that I thought the effect of the delay would impact our revenue for four months, rather than just the three. When I reviewed the calculations of the difference after the meeting, I found that this amount only covered part of the deficit. The affects of the change in residential rates (calculated on EDU) and the change in commercial rates (calculated on water used) combined are double the amounts above. In order to be as precise as possible, I calculated a projection of the deficits for each month, July to October using consumption numbers for these months from 2009, and comparing current rates to the 2010 rates adopted by the City. The calculated deficits by month are: July - $30,894 August- $31,957 'September - $32,124 October- $30,160 After talking through the affects of billing in arrears with staff, the affect should in fact only be for three months, but as the calculated deficit is substantially larger than the $50,000 to $60,000 the board voted to accept, I wanted to submit these revised, more precise, numbers for consideration. Revised Fiscal Impact: Approximately $95,000 1 $SR _SO T i 4 y0 oa Ca trq ON N't ME IS OUR M15 March 12. 2010 SAN BERNARDINO VALLEY WATER CONSERVATION DIST 1630 West Redlands BOOICVard, Suite A Redlands, CA 92373 -8032 (909) 793 -2503 Fa, (909) 793 -0188 Mr. Bob Martin East Valley Water District P.O. Box 3427 San Bernardino, CA 92413 Dear Mr. Martin, Established 1932 P0, Bo., 1839 Redlands, CA 92373 -0581 f;ECE E� MAR 1 z culU East Valley Water District The San Bernardino Valley Water Conservation District (Conservation District) has completed its 2009 -2010 Engineering Investigation of the Bunker Hill Basin. This report is required in connection with the Board of Directors' consideration of a groundwater charge on groundwater procuction within the Conservation District's boundaries. Article 1, Section 75560 of the California Water Code, requires that a water conservation district that proposes to levy or continue a groundwater extraction fee "...shall annually cause to be made an engineering Investigation and report upon groundwater conditions of the District." A copy of the Conservation District's 2009 -2010 report is available for review at the District's office at 1630 West Redlands Blvd., Suite A, Redlands, CA and a copy will be viewable online at the District's website at www.sbvwcd.dst.ca.us. You are being provided a copy of this notice because you are the owner or operator of a groundwater producing well in the District's jurisdictional boundaries. District staff is recommending to the District's Board of Directors to raise the groundwater rate of $2.18 per acre -foot for groundwater production for agricultural purposes to $2.5I per acre foot, and from $7.85 per acre -foot for groundwater production for non - agricultural purposes to $9.C5 per acre -foot. These proposed rates will pertain to agricultural and non - agricultural groundwater production from July 1, 2010 -June 30, 2011. California Water Code 75594 dictates that the rate for non - agricultural groundwater production must be between three and five times the rate for agricultural use. The groundwater charge is not imposed on a property basis, but rather is a per acre -foot charge, which relates directly to the amount of groundwater produced from wells overlying the groundwater basin within the Conservation District's boundaries. Consequently, the ultimate amount of groundwater charge to be paid by each party subject to the charge cannot be precisely identified now, because it will depend directly upon the amount of groundwater production such party engages in during the applicable water year, here July 1, 2010 to June 30, 2011. The total revenue estimated to be collected from both agricultural and non- agricultural production for the 2009 -2010 water year is $816,61 1.00. The groundwater charge is to be collected on a semi - annual basis, based on production statements submitted by the individual groundwater producers. The purpose of the groundwater charge is to help fund the Consei�auon District's continuing groundwater replenishment ser�iecs, including direct recharge, fac lit\ development and maintenance, and compatibility c f groundwater recharge with oche, and uses within the District. A public meeting and public hearing on the proposed groundwater cnaige will be held in the Conservation District's Board Room at 1630 West Redlands Blvd.. Suite A, Redlands, CA 92373. The date and time for the public meeting will be April 14, '010, at 1:30 pm. The date and time of the public hearing will be held on April 28, 2010, at 1 10 pin. You are invited to attend the public meeting and public hearing zne may submit evidence concerning groundwater conditions, water supplies of the Conserv:irion District, or any matter relating to the proposed groundwater charge. In addition, any pan: �k ishing to protest the groundwater charge, may mail a protest to the Conservation Distii._i s office, and/or present such protest at the public meeting of public hearing. Further inquiries regarding the report or the groundwater charge, of requests for further information, may be directed to Robert Neufeld at 1630 West Redlands Blvd., Suite A, Redlands, CA 92373, or by telephone at (909) 793 -2503. Robert Neufeld General Manager East Valley Water District Board Memorandum No. B -07 -2010 Date: April 16, 2010 N1410From: Ron Buchwald, District Engineer 1�� 1410 Subject: Plant 134 Construction Bid Recommendation: That the District proceed with construction bidding for Plant 134 Background: Plant 134 project consists of converting the existing treatment plant to a membrane treatment plant and will also double the treatment capacity of the existing plant. At present the membrane manufacturer has been selected and has worked in conjunction with CDM to complete the final design (plans and specifications) and is ready to bid for construction. Completion of this plant will allow the District to better meet the Stage 2 Disinfectants and Disinfection Byproduct Rule. Included with this memo is the "opinion of probable cost" provided by CDM. The total current construction cost predicted by CDM is $12,000,000. On February 22 the District received the Notice of Acceptance of Application (NOAA) from the California Department of Public Health. The NOAA states that the District is eligible for $8,010,188 in zero interest loan and $3,000,000 in grants for a total of $11,010,188 in total state funding. This state funding is based on CDM's opinion of probable cost at the time the application was submitted, which was $16,679,250. Because the current opinion of probable cost is less, the funding may get reduced accordingly. In order to meet funding and regulatory deadlines I recommend we proceed with bidding this project. Specifications are available for review upon request. Fiscal Impact: $16,679,250 EVWD PLANT 134 UPGRADES AND EXPANSION FINAL - OPINION OF PROBABLE COST (Last Revised in January 2010 Based on 100% Design) Notes Total Amount Base Bid 01 Sitework a $658,858 02 Site Utilities $1,274,779 03 Membrane Filtration Building $4,257,649 04 Membrane Pre- Filters $264,955 05 Influent Flow Meter Vault $39,986 06 Plant Bypass Valve Vault $131,349 07 Existing Chemical Area $1,160,667 08 Finish Water Reservoir $43,375 09 Influent Control Structure $223,188 10 Recycle Pump Station $249,927 11 Outlet Structure $76,224 12 Diversion Structure $47,452 13 Stand-by Generator $1,015,088 14 Existing Plant Electrical Modifications $547,086 15 Security Modifications $80,109 Base Bid Total (GENERAL CONTRACT) (with Markups and Escalation to Midpoint of Construction) (b) $10,100,000 Membrane Filtration System (GE Goods and Services Agreement) (c) $2,833,178 TOTAL CONSTRUCTION COST (d) $12,900,000 Notes: (a) Includes off -site parking, construction laydown and storage. (b) Project cost is escalated to midpoint of construction (January 2011). Includes 10% contingency. (c) Goods and Services Agreement, awarded to GE on 12/19/09. (d) Programming cost by ATSI is not included. *OOEast Val ley VVater District Board Memorandum No, B- 08 -2010 Date: April 19, 2010 From: Robert Martin, General Manager Subject: City Creek Water Company Recommendation: I recommend that the EVWD Board President appoint two of our Directors to represent EVWD at the next City Creek Board meeting. I further recommend that we take all steps necessary to begin the dissolution of the Company as well as plan for the ultimate distribution of its assets. Background: The District has been a major shareholder in the City Creek Mutual Water Company for many years. The Company operated a diversion structure and canal in City Creek that supplied irrigation water to its shareholders. Unfortunately, these facilities were extremely difficult to maintain and the need for irrigation deliveries ceased some years ago. There have been no deliveries made by the company in many years. The Company does, however, have a major asset in land holdings in the City Creek canyon. The Company has not had a Board meeting in several years. The only other shareholder of record is the Stubblefield family. Arnold Stubblefield traditionally represented their holdings on the Board, but he has moved out of state and only returns to this area on occasion. It is my recommendation to begin proceedings to dissolve the Company and distribute its assets. In point of fact, we began this process several years ago via an agreement with Mr. Stubblefield that has now expired. I am attempting to set up a meeting of the Board for next month. The City Creek Board of Directors has three seats, two of which have traditionally been held by EVWD Board members. Fiscal Impact: None East Val ley Water District Board Memorandum No. B- 09 -2010 �Q Date: 04/20/10 From: Ron Buchwald, District Engineer 6g2_11t0 Subject: Second Amendment to the Property Access & Release Agreement with MWD Recommendation: Approve second amendment and authorize the Board President to sign the agreement. Background: On August 18, 1998, the District entered into an agreement with MWD for property access and use at Plant 59 for the purpose of constructing and operating a booster station and water pipeline in connection with MWD's Inland Feeder Project. This agreement was amended in November 3, 2005, to extend the deadline of the agreement until December 31, 2009, as well as keeping the water rate charged to MWD to the current rate charged to EVWD customers. Attached to this memo is the Second Amendment to the Property Access & Release Agreement. This second amendment again extends the deadline of the agreement to December 31, 2012, as well as keeping the water rate charged to MWD the current rate charged to EVWD customers. As the Board is aware the District has overcharged MWD for water used from 2007 through November 2009 due to a water meter that measures water in gallons per minute (gpm) instead of the normal hundred cubic feet (hcf). The total overcharge equals Four Hundred Nine Thousand One Hundred Nine dollars and three cents ($409,109.03). This second amendment also includes language that specifies the way the District will pay back this overcharge to MWD. Summary details are as follows: • The reimbursement will be made over three calendar years starting with 2010 using an annual credit amount of $136,369.67. • Water usage and other monthly charges will be deducted from the annual credit. At the end of the calendar year, the remaining portion of the annual credit will be payable to MWD within 30 days. If MWD uses more than the annual credit then that amount will be deducted from the following years credit if any or if none, will be payable to the District within 30 days • In the event that the total amount of overpayment has not been fully credited over the remaining term of the agreement, or if the agreement is terminated prior to the total amount of overpayment being paid than any remaining balance anll be paid to MWD within 30 days. Staff and legal counsel have reviewed this agreement The agreement reflects the terms agreed upon by staff at MWD and the District. Fiscal Impact: $136,369.67 per year for three years SECOND AMENDMENT TO PROPERTY ACCESS AND RELEASE AGREEMENT This Second Amendment to Property Access and Release Agreement (Second Amendment) is made and entered into effective January 1, 2010, by and between the METROPOLITAN WATER DISTRICT OF SOUTHERN CALIFORNIA, a public corporation ( "Metropolitan"), and EAST VALLEY WATER DISTRICT, a public agency ( "District "). RECITALS WHEREAS, Metropolitan and the District entered into a Property Access and Release Agreement on August 18, 1998 ( "Agreement "), for the purpose of providing Metropolitan access to the District's property for the purpose of constructing and operating a water pipeline in connection with Metropolitan's Inland Feeder Project; and WHEREAS, Metropolitan and the District entered into an Amendment to the Agreement on No• ✓ember 3, 2005 ( "First Amendment "), changing the water rate paid by Metropolitan for service by the District and extending the term of the Agreement to December 31, 2009; and WHEREAS, Metropolitan and the District have identified an error in the billing amount for water delivered under the Agreement resulting in an overpayment by Metropolitan which will be applied as a credit against future water billings under the Agreement; and WHEREAS, Metropolitan and the District desire to further extend the term of the Agreement. NOW, THEREFORE, in consideration of the mutual promises of the parties set forth in the Agreement, the First Amendment, and this Second Amendment, and for other good and valuable consideration, it is agreed as follows: COVENANTS 1. Section 5, paragraph (c) of the Agreement, as amended in the First Amendment, is further amended to read as follows: "Metropolitan shall pay the District for the cost of all water used in connection with the Project at the prevailing rate that has been established by the District for its customers." 2. Section 5 of the Agreement, as amended in the First Amendment, is further amended by adding the following paragraph: "(f) Credit for OvercharEes. For the period ending November 30, 2009, Metropolitan has paid to the District the sum of Four Hundred Nine Thousand, One Hundred and Nine Dollars and Three Cents ($409,109.03) in excess of the Metropclitan Draft —April 5, 2010 amounts actually due under the Agreement due to an error in the calculation of the amount of water delivered. Metropolitan shall be reiirbursed by the District through credits against future water deliveries made under the Agreement and monetary payments for any uncredited portion of the o,,�-payment amount. The reimbursement shall be made over a period of three calendar years commencing in 2010, in equal annual amounts of $136,369.67, as adjusted in accordance with this paragraph. At the conclusion of each of the three calendar years commencing with 2010, the amount payable under the terms of this Agreement, as amended, for water delivered by the District to Metropolitan shall be calculated and reduced by the annual credit amount. If the annual credit amount exceeds the amount due for water during that year, the balance of the credit for that year shall be paid by the District to Metropolitan within thirty (30) days following the determination of the excess credit amount for that year. If the amount due for water during that year exceeds the annual credit amount, the credit amounts available for the following year(s) shall be applied to reduce the balance due for water that year and the future annual credit amounts shall be equally reduced to reflect the use of the credit amount applied: provided, that if the total amount of the overpayment has been fully credited, then the balance of the amount due for water that year shall be paid by Metropolitan to the District within thirty (30) days following the determination of the excess amount due for water that year. In the event that the total amount of the overpayment has not been fully credited over the remaining term of the Agreement, or if the Agreement is terminated prior to the total amount of the overpayment being taken in credits, then an), remaining balance of the total amount of the overpayment shall be paid by the District to Metropolitan within thirty (30) days following tie expiration or termination of the Agreement." 3. Section 16, paragraph (a) of the Agreement, as amended in the First Amendment, is further amended to read as follows: "Unless earlier terminated pursuant to the terms of the Agreement, the term of the project and Metropolitan's use of the Property as provided herein shall terminate December 31, 2012." 4. Except as amended by the First Amendment and this Second Amendment, all other terms and conditions of the Agreement shall remain in full Iorce and effect. 2 Metropolitan Draft —April 5, 2010 IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to be executed by their authorized representatives effective as of the date first above written. EAST VALLEY WATER DISTRICT George E. Wilson President, Board of Directors APPROVED AS TO FORM: Brunick, McElhaney & Beckett In Steven M. Kennedy General Counsel THE METROPOLITAN WATER DISTRICT OF SOUTHERN CALIFORNIA Roy L. Wolfe Manager, Corporate Resources Group APPROVED AS TO FORM: Karen L. Tachiki, General Counsel LIN 3 Metropolitan Draft —April 5, 2010 Joseph Vanderhorst Senior Deputy General Counsel Board Memorandum Date: April 27, 2010 From: Brian W. Tompkins / Chief Financial Officer Subject: Investment Report for the quarter ended March 31. 2010 Recommendation: Accept and file the attached report Unrestricted Investments LAIF The balance held in LAIF at the beginning of the quarter was $4,375,494. During October, interest earnings related to the fourth calendar quarter of $5,457 were posted to the account. In addition, one transfer from LAIF to the District's checking account for $620,000 was used to make debt service payment: on the District's 2004 and 2006 Installment Purchase loans. First quarter earnings on the LAIF account were $5,687 calculated at an apportionment rate of .56 %. This marks the third consecutive quarter that the apportionment rate was below 1 %, and the the rate is down from .60% in the previous quarter. These earnings will post to our account in April. Citizen's Business Bank Wealth Management The total (book) value of the assets held with CBB increased $5,033 to $4,060,268 during the quarter ended 3/Z 1/10. The purchase and sale of securities is shown on the attached supplemental schedule. Semi - annual interest payments received on securities in the District's portfolio were $4,597 for the quarter ended March 31, while the money market fund earned $106. These earnings were increased by realization of gains on the maturity of bond purchased at a discount of $797. Investment manager fees paid during the quarter were $467. There were no transfers to or from this investment account during the third quarter. Restricted Investments Union Bank These Installment Payment Funds for the 2001 COP issues collect monthly payments from the District, and then disburse semi - annual payments to the certificate holders in June and December. Monthly deposits to the 2001 Installment Payment Fund are $87,953. Citizen's Business Bank Wealth Management — Unspent 2004 Loan Proceeds During the quarter ended March 31, 2010, the final balance of $193,233 was withdrawn by the District for use on the Plant 134 project, and the account was subsequently closed. N d w IN 3 z O ^ q A S � AC =•' a O co b n n Y a ^ a� y ti z y A A � o t O O �p ^ ry C^ A A � A b .. Z n N S A' m � t S ^n S S`. A w1'• 3 y ti fi 'c a A 'A fi a A ti A A � a fi �a A S A � O a � A O H O A O• A 1 A 00 00 oa N O IJ A 20 Ja W w w y T to O w p� n °oo N (I y N y a w w a a w N 00 H m O• O O W W e ti rn C) w A O O G. ry ti zzz w � o d tz p A K O y d d a o. d .a. N 00 a y O p A !1 N 3 N N K A fD to � N o N N m H a N F 0 0. X D\ N N N W Oo W O O C In �D N O oo W b �O Vr 2 J N a W O A U U A 4, to W �p N 00 00 O A W O O v A w oo J� C) W G7 tz rn i Fr �� d r+. "�. 5. MM = _. m d �I W N D\ OW N U c r D\ A A C r'S yyy� ay O tz W�,zy z z a a a aaa m� mod b A y z g z z zzz d a N a�, a aaa 0 0 00 00 oa N O IJ A 20 Ja W w w N T to O w p� n °oo �o goo o a w w O• O O W W A O O G. ry ti zzz w � o d V 7 F C F F C C F C F C Y C m m W m m W 0] C O .Fi 'c c o € m N c cC P P P P P P P O O C_ O O — = 0 1 - C O O O C y C W � O d, n 0 C C C a O N d N O ? N N N N O a O N O P N -C O O P n O n C N m P p d• N i. W = _� < L 8 rn o 4 s a P V O O O p G d N y p O 1 O O n Ni W d p O' M pp d N P N O FC y N N N N d T O C N m c; J F Q �+ }$ 0 0 0 0 0 0 0 0 o O o 0 u 2 N 0 0 o O vi N o 0 O 0 0 O O r y > t+ 7 N N O Q N n n U N T n C O N X N x a X x V 7 F C F F C C F C F C Y C m m W m m W 0] C O .Fi 'c c o € m N c cC P P P P P P P O O C_ O O — = ED C�WE Development Inc. General Contracting ♦ Engineering ♦ Construction Management ♦ Design/Build Wednesday, April 14, 2010 Robert Martin General Manager East Valley Water District 3654 E Highland Ave. Ste. 18 Highland, CA 92346 RE: Appreciation of the East Valley Water District Staff Mr. Martin I would like to take this time and express my sincere thanks for all of the help that the East Valley Water District has provided on the Highland Police Station. Your sts.ff since the beginning of this project has assisted in propelling the Highland Police Station forward. Ronald Buchwald, Leida Etherton, Victor Deleon, are just a few of the East Valley Water District employees that have provided tremendous help. I have had the opportunity over the past 30 years to work with a variety of agencies, and working with East Valley Water District ranks among the top. In the world of today, with the fast -paced life styles, we often forget to take the time to stop and tell those people who help us, "Thank you." On behalf of the City of Highland and EDGE Development, Inc., we would like to thank you and your staff Sincerely, EDGE Development, Inc. V3ockness Project S uperintendent Enclosure PC: Joe Hughes - City of Highland, City Manager Jim Richardson - EDGE Development, Inc. Construction Manager 27368 Via Industria, Suite 101, Temecula, CA 92590 Tel. (951) 296 -0776 Fax (951) 296 -0775 E -Mail: Lnf—o@edge-dev.com com www.edge - dev.com