Finance Committee Meeting Notice

Meetings are held the first Monday of each month, unless otherwise noted.

Finance Committee

Download the Agenda Here

NOTICE IS HEREBY GIVEN by the undersigned, as the Finance Committee Chair of the Southern California Public Power Authority; that a regular meeting of the Finance Committee is to be held as follows:

Monday, December 3, 2018

10:30 AM

SCPPA Glendora Office
1160 Nicole Court   |   Glendora, CA 91740

This meeting will also be conducted by teleconference from:
Imperial Irrigation District
333 E. Barioni Blvd. | El Centro, CA 92243

The following matters are the business to be transacted and considered by the Committee:

1.  Opportunity for the Public to Address the Committee
Members of the public may address the Committee at this time on any agenda item of general interest, provided that item is within the subject matter jurisdiction of the Committee. Comments from the public shall be limited to three (3) minutes unless additional time is approved by the Committee.

2.  Meeting Minutes
The Committee will consider adoption of the minutes for the November 5, 2018 Finance Committee meeting.

3.  Qualified Financial Contracts
The Committee will receive a status update on qualified financial contracts from Jeremy Weinstein with the Risk Management Working Group participating.

4.  Investment Reports
The Committee will review the Monthly Investment Report for the month ended October 31, 2018. The Committee will recommend forwarding the Reports to the Board for receipt and filing.

5.  Magnolia Project Swaps
The Committee will receive an update from PFM on the current status of the swaps.

6.  Natural Gas/Energy Prepay RFP/RFI
The Committee will receive a report from PFM regarding the natural gas/energy prepay banking and gas supply services RFP/RFI and may take action to recommend to the Board selection of an underwriter.

7.  SB 1029
The Committee will receive an update on the status of the annual filing for SB 1029.

8.  Market and VRDO Update
The Committee will receive a market and VRDO status report from PFM.

9.  Unsolicited Proposals
The Committee will review unsolicited proposals that have been received from investment bankers. The Committee may take action with respect to such proposals.

10.  Future Agenda Topics
The Committee members will be given the opportunity to suggest topics for future Committee meetings.

The Authority upon request will provide reasonable accommodation to the disabled to ensure equal access to its meetings. To ensure availability, such request should be made 48 hours in advance by contacting the Authority at (626) 793-9364 during business hours.

Dated: November 29, 2018

Mario Ignacio
Finance Committee Chair
Los Angeles Department of Water and Power