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04-15-2010 MinutesMINUTES OF THE SCHERTZ-SEGUIN LOCAL GOVERNMENT CORPORATION THE STATE OF TEXAS § COUNTY OF GUADALUPE § SCHERTZ-SEGUIN LOCAL § GOVERNMENT CORPORATION § On this the 15th day of April, 2010, the Schertz-Seguin Local Government Corporation (SSLGC) convened at 1:35 p.m. in the City of Seguin Council Chambers located at 210 E. Gonzales, Seguin, Texas. The following members being present and in attendance: Ken Greenwald Robin Dwyer Patricia Ramirez Andrew Koenig Jim Wolverton Betty Ann Matthies President Vice-President Secretary Treasurer Director Ex-Officio and the following director being absent: Hal Baldwin Ex-Officio constituting a majority of the persons appointed to the Board and a quorurn for the transaction of business, and notice of such meeting having been duly given in accordance with the provisions of Texas law. Also in attendance were: Alan Cockerell Doug Faseler Don Taylor Johnny Bierschwale Susan Caddell Georgia Hanks Shawn Shimek Emery Gallagher Sam Willoughby -- Patrick-L-indner Bill Klemt John Winkler Crockett Camp General Manager City Manager of Seguin City Manager of Schertz Assistant City Manager of Schertz Finance Director of Seguin Administrative Assistant Water System Superintendent Seguin Water Utility Manager Schertz Public Works Director Legal COU11sel (Davidson & Troilo) Hydrologist Consultant COriSUltant (Walker Partners) Consultant/Project Manager The first order of business was the Calling of the Meeting to Order. President Ken Greenwald called the meeting to order at 1:35 p.m. The second order of business was Public Comment. No one addressed the Board during public comment. The third order of business was Approval of the Minutes for the Board Meeting held on March 18, 2010. Treasurer Andrew Koenig made a motion to approve the March 18, 2010 minutes as written. Vice-President Robin Dwyer seconded the motion. Upon a vote being called, the motion carried by unanimous decision. The fourth order of business was Presentation of the General Manager's Report -Alan Cockerell, General Manager. General Manager Alan Cockerell's written report was included in the board agenda packets. He highlighted the following items in his report: Water Production Water production for the month of March was 59.9% of SSLGC's monthly allowable as mandated by the Gonzales County Underground Water Conservation District (GCUWCD). The seasonal trend is as expected for this time of year. Mr. Cockerell called attention to the seasonal pumping chart. The red line on the chart which is the maximum amount of production allowed for each month was moved to illustrate the 150% maximum allowable per month according to GCUWCD's rule changes which were approved at its March 16, 2010 meeting. The annual permitted amount remains at 12,910 ac-ft, but the 150% per month allows for more peaking capacity during the summer months. Region L A Region L Public Hearing is scheduled April 15, 2010, at 7:00 p.m., at the San Marcos Activity Center. Mr. Cockerell plans to attend the meeting which is being held for public comment regarding Region L's 2011 Initially Prepared Plan. GMA-13 A GMA-13 meeting was held April 9, 2010, in Pleasanton. A copy of Resolution No. 2010-1 regarding Desired Future Condition (DFC) Scenario 4 was included in the board agenda packets. Scenario 4 was approved and is the highest pumping scenario with additional pumping in Gonzales County. This scenario results in an average drawdown of 23 ft. over the whole GMA for all eight layers included in the model. • Guadalupe County Mr. Cockerell attended a meeting April 8, 2010. Normal business was conducted. Mr. Cockerell commented on the possible reduction in available water that can be produced from the Carrizo Aquifer. According to information the District made available to GMA- 13, the amount of available water from the Carrizo Aquifer may change from 12,583 ac-ft to 9,500 ac-ft. The previous allocated amount included production from the Carrizo in Gonzales County and Wilcox production. Although the larger number may be reduced in the future, at this time, the District has no plans to make changes to the current water rights structure. The District does plan to consider charging a fee of one cent per 1,000 gallons for issued permits based on permit amount. The fee would be implemented with newly acquired permits within the District and not affect SSLGC's current permits. ~ GCUWCD Mr. Cockerell attended the monthly meeting held April 13, 2010. A copy of the agenda was included in the board agenda packets. The District issued public notices regarding historic use and well registration for existing wells. SSLGC has until June 2010 to complete and submit its form for historic use permits. In order for landowners to receive any form of mitigation, their wells have to be registered with GCUWCD by June 1, 2010. Greg Sengelmann attended a Texas Alliance and Groundwater District meeting in Austin the end of March. Comments were made at the meeting which suggest that authority over groundwater in the state may be shifted from Groundwater Districts and GMA's to other governing parties, possibly the state. • Operations Well #1 is out of service. SSLGC is working to have the well operational by the summer months. The fifth order of business was economists.com Proposal -Alan Cockerell, General Manager. A proposal by Dan Jackson with economists.com was included in the board agenda packets. Mr. Jackson was one of the Corporation's expert witnesses during the SAWS hearing in Gonzales County. He is familiar with SSLGC's water system and the executive committee and staff recommend hiring him to review the Corporation's current rate structure and make recommendations in regard to future negotiations with SAWS and other wholesale customers. The analysis would be funded from the Corporation's Construction Fund. Mr. Cockerell provided a brief summary of the proposal and asked for approval from the Board. Vice-President Dwyer made a motion to approve the proposal from economists.com with the fee not to exceed $15,000. Secretary Patricia Ramirez seconded the motion. Upon a vote being called, the motion carried by unanimous decision. The sixth order of business was Legislative Update -Alan Cockerell, General Manager. Consultant Jack Fickessen was not present at the meeting in progress due to his participation at a House Natural Resources Committee meeting in Austin. Mr. Cockerell listened to portions of the meeting on-line earlier in the day. He reported that the committee was listening to presentations from TCEQ, SAWS and the Water Development Board on the DFC process. Mr. 3 Cockerell plans to attend the next public hearing of the House Natural Resources Committee on April 29, 2010, and provide the committee with the Corporation's experiences with its specific project and permitting process in Gonzales County. The seventh order of business was Guadalupe County Expansion Proiect -Alan Cockerell, General Manager. Mr. Cockerell stated that John Winkler with Walker Partners is working to complete the final design and construction plans for this project. Surveyors are currently completing topographical surveys for collection lines. A list of the Corporation's current leased property in Guadalupe County was included in the board agenda packets. The eighth order of business was Authorization for the Staff and Financial Consultants of SSLGC to Begin Preparation for the Bond Issue Associated with the Expansion of the System and Make Presentation to the City Councils Regarding the Corporation's Expansion and Financing Plans -Mark McLiney, Southwest Securities and Duane Westerman, SAMCO. Mr. Cockerell advised the Board that any discussion pertaining to the Corporation's pending contracts would be deferred to Executive Session. He referred to several items which were included in the board agenda packets: o Timeline for the potential bond funding o Figure 1 depicting a summary of various projects to expand SSLGC's system and costs relating to the projects o Summary of water lease payments from the year 2000 to an estimate for the year 2011 for old Gonzales, new Gonzales and Guadalupe counties Mr. Cockerell highlighted several activities in the timeline and provided a brief update regarding the projects. He stated that SSLGC's June board meeting may be moved to June 15, 2010, in order to coordinate meetings with the Schertz and Seguin City Councils to approve the bond sale. SSLGC's financial advisors, Duane Westerman with SAMCO and Mark McLiney and Ryan Cunningham with Southwest Securities, were introduced. Mr. Westerman presented information regarding options for a bond issue of approximately $23.5 million and projected debt service requirements for the expansion of SSLGC's system. At the end of his presentation he would ask approval from the Board to proceed with the timeline in preparation for the bond issue. Towards the end of Mr. Westerman's presentation, General Counsel Patrick Lindner recommended that board members defer any action on the proposed bond issue and options regarding capitalized interest until he could give legal advice in executive session. After a brief discussion, Mr. Westerman concluded his presentation and stated that with the Board's approval, the financial advisors would immediately move forward to compile official documents and statements to go before the Schertz and Seguin city councils in order to obtain their approval for preparation of the bond issue. 4 Under the advice of Counsel, President Greenwald closed General Session to go into Executive Session at 2: 08 p. m. Executive Session was held from 2:09 p. m. until 2: 34 p. m. President Greenwald reopened General Session at 2: 35 p. m. For the record, President Greenwald stated that no action was taken during Executive Session. As a result of Executive Session: Vice-President Dwyer made a motion to approve authorization for staff and financial consultants to begin preparation for the bond issue associated with the expansion of the system. Treasurer Koenig seconded the motion. Upon a vote being called, the motion carried by unanimous decision. The ninth order of business was Gonzales County Expansion Proiect -Alan Cockerell, General Manager. President Greenwald deferred agenda item nine to Executive Session. The tenth order of business was Lott Lease, Amendment No. 1-Patrick Lindner, General Counsel. President Greenwald deferred agenda item ten to Executive Session. President Greenwald closed General Session at 2: 37 p. m. The eleventh order of business was Executive Session called under Chapter 551 Government Code, Section 551.071, to seek the Advice of its Attorney on Legal Matters and Section 551.072, for Deliberations Regarding Real Estate. President Greenwald opened Executive Session at 2:42 p. m. Executive Session was held from 2:42 p. m. to 3:13 p. m. The twelfth order of business was to Consider and Take Action as a result of Agenda Item Eleven. President Greenwald reopened General Session at 3:13 p. m. As a result of Executive Session: Director Jim Wolverton made a motion to enter into the Lott Compromise and Settlement Agreement and Amendment No. 1 to the Water Lease. Secretary Ramirez seconded the motion. Upon a vote being called the motion carried by unanimous decision. The thirteenth order of business was Consideration and/or Action on Questions and Possible Items to be placed on the Next AEenda. General Manager Cockerell stated that he along with SSLGC's financial advisors would be making presentations to the Schertz and Seguin city councils on April 27 and May 4, 2010, respectively. He invited board members to attend, although a quorum (more than two) could not be present. President Greenwald said that he would attend. Mr. Cockerell plans to work with Consultant John Winkler with Walker Partners and SSLGC's financial advisors in order to present an overview of SSLGC's project and expansion plans to go along with the financial advisors' summary of options for the bond issue at the city council meetings. No additional discussion was held. The next regular board meeting was scheduled May 20, 2010, at 1:30 p.m. in Schertz, Texas. The board meeting June 2010 will be held on the 15th at 1:30 p.m. in Seguin, Texas. The fourteenth order of business was Adjournment. President Greenwald declared the meeting adjourned at 3:18 p.m. MINUTES APPROVED THIS o~~ DAY OF , 2010. Patricia Ramirez Secretary