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08-16-2018 MinutesMINUTES OF LOCAL i VERNMENT CORPORATIO THE STATE OF COUNTY OF . 1 A 4"JU MIALI 10 1 W9 I KIK914114 • gim v Lvjlg� On this the 16" day of August, 2018 the Schettz/Seguin Local Government Corporation (SSLGC) convened 1 PM at SSLGC Administrative Building • r at 108 Mountain Texas. The following board members being present and in attendance: Robin Dwyer President David Reiley Secretary MOO a BMW The following members were absent; T. "Jake" Jacobs Vice- President Manager City of Director Assistant City Manager (City of Seguin) of ■ r Finance Director (City of Seguin) Executive Director (city of Schertz) Public Works (city of Schertz) General Counsel (Davidson, Troilo, Ream& Garza) San Antonio Water System SAMCO Capital Stateside Right of Consultant Consultant w, I-, r . � r - Citizen of General Manager (SSLGC) Aiistant General Manager (SSLGC a • • SSLGC MINUTES 08/16/2018 (7 Pages) S IGNI.1; ONM',iNAL(S), I Date /Time Printed: 9/17/2018 4:10 PM aek r ..1 0 The second order of business was Public Comment President Dwyer on behalf of Board presented Alan Cockerell plaque for of Darren Thompson also expressed his gratitude towards Mr. Cockerell and his support through the years to the San Antonio Water System. IWM, L018 Secretary Reiley made 1 • 1 approve I a 1 from i to Vice President 1. r seconded. Upon 1 being called, motion a by r decision. President Dwyer opened public hearing . for public t were none. He closed the public hearing at 1:41 PM. Resolution # SSLGC R18-16 the recommendation to raise the Impact Fee for the following cities: City of Se i from $1,306 to guin to accept the five year update. 0 r .i•. 1 r r1 r i • 1 r / i 1 2 of 7 SSLGC MINUTES 08/16/2018 (7 Pages) SIGNED ORIGINAL(S), 1 Lute /Time Printed: 9/17/2018 4:10 PM aek The Region L meetin• was held on • ust 2 n1 . Both Mr. Cockerell and Mrs. Beard attended the Committee. meeting. A copy of the agenda and additional information was included in the board packet. The planning group unanimously voted to accept the slate of nominees recommended by the Region L Executive Amber attended the GA 13 meeting held on July 26`x'. A copy of the agenda was included in your packet. The next meeting is scheduled for October 12''. Operations Report Mrs. Beard went over the operations report that was included in the board packet: 1111Wsteiman. SWCO Capital Markets Mr. Westerman with SAMCO discussed the possible refunding of the SSLGC Contract Revenue Bond • _ 1 1'; i RESOLUTION Treasurer Greenwald made a motion o approve Resolution# SSLGC R18-17. President seconded. / • r.: vote being called the motion . f. by unanimous decision. Assistant Secretary Kelm requested that SSLGC review all audit proposals before a recommendation can be made. of 7 sSLGC MINUTES 08/16/2018 (7 Pages) SIGNED ORIGINAL(S);1 Date/Time Printed: 9/17/2418 4:10 PM aek a • ,, - - Is • a .• • - • Finally, the working capital trend chart was enclosed. Working capital has increased since March 31 , 2018, by $1,678.292. This is due to the fact that the bond payment was made during this quarter. Also note that the escrow a • r the SWIRFT funding is not 'included in this calculation. of 7 SSLGC MINUTES 08/16/201 (7 Pages) SIGNED ORIGINAL(S): 1 Date /Time Printed: 9/17/2018 4:10 PM aek President Dwyer made a motion to approve SSLGC'S financial statements for quarter ending I 2018. Secretary Reiley seconded. Upon a vote being called the motion carried unanimous by decision. r . Investment report for quarter ending C Caddell presented the Investment Report for April 11: through June 30, 2018. earnings for a-. June 30, 2018 were $87,032. rresiaent lwyer matie r r approve rr r quarter en ing unanimous June 30, 2018. Secretary Reiley seconded. Upon a vote being called the motion carried by decision. According to the Management Services Agreement between the SSLGC and the City of Seguin, the City of Seguin was requesting reimbursement for the expenditures for the second quarter of fiscal year 2018 for $2,043,178.22. President Dwyer made motion r approve SSLGCIS reimbursement to City of Seguin in accordance r quarter ending 1 2018. Secretary Reiley seconded. Upon a vote being called the motion -• by r decision. i President DwNer made a motion to rove the Addition of an ; ' I I r to the SSLGC Staff. Assistant Secretary Kelm seconded. rrs r being called the motion carried by r decision. RESOLUTION SSLGC 18- Mrs. Beard explained that a review and update of the management services agreement is required. Significant changes were recommended. President Dwyer made motion rapprove the Ar r r of ti- motion + by r decision. : 5 of 7 SSLGC MINUTES 08/16/2018 (7 Pages) SIGNED ORIGINAL(S): 1 Date/Tirne Printed: 9/17/2018 4:10 PM aek Mrs. Beard explained that a review and update of the management services agreement is required- Significant changes were recommended. Treasurer Greenwald made a motion to approve the Approval of Management Service Agreement/City of Schertz. President Dwyer seconded. Upon a vote being called the motion carried by unanimous decision. And Alan C-Q&erbA GgqgW Magaggt OMMIM Mr. Lindner advised that this item be discussed in Executive Session. No action requested/No action taken r i UU figneW MAnagg Action oken 'EREWS I -- • action •• '•I action taken No action requested/No action taken 11!�j =7011ZO A, WAI 1pPvt"I*Q ® 1po +r;A 6 of 7' SSLGC MINUTES 08/16/2018 (7 Pages) SIGNED ORIGINAL(S): 1 Date/Time Printed: 9/17/2018 4:10 PM a6k President Dwyer closed General Session at 3:28 PM. Executive • # from 3:49 PM to Number President reopened General Session at 5iO2 PM. President Dwyer stated the board took no action on items 15, 17, 18 • 19 in executive session. Action was taken on • ' • , Item #16. A=tldA ILem w President Dwyer made a motion to ratify the easements presented. Secretary Reiley seconded the motion. i i n a vote being caffed the motion carried by . '; ! decision. ➢ The next board meeting was scheduled for Thursday, September 20"', in the SSLGC Administrative Building at 1:30P. M r X W41 � David Reiley, Secretary 7of7 SSLGC MINUTES 08/16/2018 (7 Pages) SIGNED ORIGINAL(S)a 1 Date /Time Printed: 9/17/2018 4:10 PM aek