Finance Committee Meeting Notice

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


SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY
NOTICE OF MEETING
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, February 4, 2019

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 January 7, 2019 Finance Committee meeting.

3.  INVESTMENT REPORTS
The Committee will review the Monthly Investment Report for the month ended December 31, 2018 and the Quarterly Investment Report for the quarter ending December 31, 2018. The Committee will recommend forwarding the Report to the Board for receipt and filing.

4.  2018-19 BUDGET PROGRESS REPORT
The Committee will receive a progress report on the status of the 2018-19 budget through six months actual performance.

5.  2018-19 AUDIT AGREEMENT
The Committee will consider the Engagement Letter with Moss Adams for the 2018-19 fiscal year audit, and may recommend approval to the SCPPA Board of Directors.

6.  2019-20 AUDIT RFP
The Committee will review and comment on the Draft RFP for Audit Services for fiscal 2019-2020.

7.  STS INSURANCE SETTLEMENTS
The Committee will discuss the status of insurance settlements related to transformer repairs at the Southern Transmission Project. 

8.  RATES WORKSHOP
The Committee will discuss planning and preparation for a rates workshop to be held in the future. 

9.  MARKET AND VRDO UPDATE
The Committee will receive a market and VRDO status report from PFM.

10.  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.

11.  FUTURE AGENDA TOPICS
The Committee members will be given the opportunity to suggest topics for future Committee meetings.

12.  NATURAL GAS/ENERGY PREPAY
The Committee will have a planning and deal structuring discussion with Goldman Sachs on a possible Natural Gas/Energy Prepay transaction. 



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: January 28, 2019

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