HomeMy WebLinkAbout03-18-1998 Meeting~ `,
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LA PORTE AREA WATER AUTHORITY
~~~~ ~~ ~ ~~ ~ ~ ~ MINUTES
~~~~~~~;' (~ March 18, 1998
The meeting was called to order at 6:37 PM by Vice President Rodney
Etchberger.
Members Present: Vice President Rodney J. Etchberger, Secretary Albert Fields,
and Member Chester Pool.
Members Absent: President Jerry Bramlett, Member Robert Roy.
Others Present: Assistant City Manager John Joerns, Assistant City
Manager/Finance Director JeffLitchfield, Director of Public Works Steve Gillett,
Null & Associates representative Chris Breaux.
2. The minutes from the regular meeting held December 2, 1997 were reviewed.
Motion by Al Fields, seconded by Chester Pool to accept the minutes as written.
Motion was unanimous.
JeffLitchfield introduced Chris Breaux of Null & Associates. He discussed the
audit conducted by his firm. He stated that the financial statements of the
Authority accurately depicted the condition of the Authority and were in
conformance with generally accepted accounting principles. Motion by Chester
Pool, seconded by Al Fields to accept the Annual Financial Report for Fiscal Year
ending September 31, 1997. Motion was unanimous.
4. JeffLitchfield reviewed the Results of Operations for FY 1.997, and answered
questions from the Board. Motion by Chester Fields, seconded by Al Fields to
accept the Report. Motion was unanimous.
JeffLitchfield reported on the proposal to purchase additional capacity at the
Southeast Water Purification Plant, and presented a report on the financing
proposed for the purchase. He answered questions from the board regarding the
commitment of La Porte, Shoreacres and Morgan's Point to participate. Motion
by Al Fields, seconded by Chester Pool to instruct staff to begin negotiations with
the Authority's customers to purchase the additional capacity. Motion was
unanimous.
6. JeffLitchfield presented a proposed contract between the Authority and Moroney
& Beisner & Co. to provide financial Advisor Services, and answered questions
from the Board. Motion by Al Fields, seconded by Chester Poo] to approve the
Contract. Motion was unanimous.
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LA PORTE AREA WATER AUTHORITY
NIlNUTES
March 19, 1998
Page 2
7. Jeff Litchfield reported that the proposed Water Capacity and Sales Agreement
between the Gulf Coast Water Authority and the La Porte Area Water Authority
was not yet finalized. He explained the issues still outstanding and answered
questions from the Board. No action was taken.
8. John Joerns reviewed the memo from Steve Gillett regarding the major repairs
underway at the Southeast Water Purification Plant. The Authority's share of the
repairs is approximately $74,897.60, which will be billed as the job progresses,
over a period of approximately seven months. The City of Houston is suing the
former operations contractor for the cost of the repairs. Any favorable judgement
will be credited back to the Co-Participants.
9. There being no further business, motion made by Chester Pool, seconded by Al
Fields to adjourn. The motion was unanimous and the meeting adjourned at 7:27
PM.
Al Fields, Secretary/Treasurer
PASSED AND APPROVED
ON THIS DAY y - Z 2- , 1998.
/L~,, Ierry Bramlett, President