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CVLGC 02-22-2018 MinutesMINUTES OF THE :i i i i' `i' # i THE STATE OF TEXAS CIBOLO VALLEY LOCAL GOVERNMENT i``i y i On of ■ 2018, the Cibolo Valley Local • • r• ■• n (CVLGC) convened 1 Council •. of - City of •• • 200 South r• • Texas. The following members being present and in attendance: President (City of Schertz) Secretary (City of Cibolo) Treasurer (City of Schertz) Vice - President (City of Cibolo) Ex- Officio (City of Schertz) Ex- Officio (City of Cibolo) notice Constituting a majority of the persons appointed to the Board and a quorum for the transaction of business, and of ■ + been a • • a attendance Dudley Wait Executive Director of Operations (City of Schertz) Jimmy Hooks Public Works (City of Schertz) Bob Herrera City Manager (City of Cibolo) Timothy Fousse Director of Public Works (City of Cibolo) John Winkler Consultant (Walker Partners) Crockett Camp Consultant Bill Klemt Hydrologist /Consultant Alan Cockerell Executive Director Amber Briggs Beard Deputy Executive Director Angie Kleinsc dt Office Administrator Art Rodriguez General Counsel (Russell & Rodriguez) a )0. Afidiu Mr. White advised that the ninth order of business needed to be corrected from Mr. Rene Moulinet, Sr. to Jr. Treasurer White r- a motion r approve 8 Board Meeting Secretary r a seconded • r r• • • r l motion a carried by r decision. CVI.CaC MINU'1 LS 01/25/2018 (4 pages) Datc Printed: 3/16/2018 1:51:04 PM SIGNED ORIGI1lAL(S): 1 Directoc report: Mr. Cockerell's written report was included in the board packets. Mr. Cockerell added the following items to his written The next Region L meeting is scheduled for May 3'. The next Regional Alliance meeting is scheduled for March 2 °d at Cibolo City Hall. The most recent financial reports from QuickBooks were included in the board packet. CVLGC has two bank accounts divided • three funds. •o • to provide a breakdown manner. The reports are *in the first phase of reporting and a cash flow statement is under development. 2 o CV1,GC' MINtTTFS 02/22%2018 (4 pages) Date Printcd: 3/16/2018 1:51:04 PM SIGNED ORIGIN (S): 1 RgLs jW6ti A CYL"2018-Ql This policy is required to be reviewed and approved annually. There were no recommended changes in the policy and staff recommended approval. Treasurer White made a motion to approve the Cibolo Valley Local Government Corporation Investment Policy (Resolution CVLGC2018-01). Vice President Coursen seconded the motion. Upon a vote being called, the motion carried by unanimous decision. JI'l 1111111'llllliiiililllI =� I &on &cegMjjyg Directgr Resolution # CVLG(;2018-02 Mr. Cockerell advised that the Brokers/Dealers list must be reviewed annually. There were no changes recommended. Staff requested approval. Treasurer White made a motion to approve the Cibolo Valley Local Government Corporation's Brokers/Dealers fist (Resolution CVLGC2018-02). Secretary Pedde seconded the motion. Upon a vote being called, the motion carried by unanimous decision. Bill Klemt has provided a water level measurement report based on the latest measurements Director Mr. Cockerell reviewed the CVLGC Workshop Presentation. MUM ------ UNA Mr. Cockerell advised that the Advisory Committee had recommended that Willdan provide financial consulting services for CVLGC. An engagement letter included in the board packet for consideration. Pwident Murray closed General Session at 10:05 AM Executive Session was beldfmw 10:15 AM to 10.52 AM President Murray re-opened General Session at 10.53 AM 11 1 1! Z Director Executive Session Recommended President Murray deferred agenda item twelve to executive session 3 of 4 CVLGC MIN C1` HS 02/22/2018 (4 pages} Date Printed: 3/16/20181:51:04 I'M SIGNED ORIGINAL(S): 1 Executive Session Recommended President Murray deferred agenda item diirteen to executive session Executive Session Recommended There was no action taken. > The next on regular board meeting was scheduled for Thursday,, March 22nd @ 9:00 am at City of Cibolo > Presentati of Audit > Budget Amendment 1he foMqe h!2rder of businggs yvas Adiournment. gnlL President Murray declared the meeting adjourned at 10.55 AM Les ,4Y Pc e, Secretary OR R. Alan Cockerell,, Executive Director 4 of 4 ('Vl,(;(, LMINUTI :S 02/22/2018 (4 pages) Date Printed: 3/16/2018 1:51:04 PM SIGNED ORIGINAL(S): 1