CANADIAN RIVER MUNICIPAL WATER AUTHORITY REGULAR BOARD OF DIRECTORS MEETING Date/Time: October 8, 2014, 10:30 a.m. Dress: Business Casual Place: Canadian River Municipal Water Authority Headquarters 9875 Water Authority Road Sanford, Texas AGENDA 1. 2. ANNOUNCE NEW AND REAPPOINTED DIRECTORS APPROVE MINUTES Regular Meeting of 07/09/2014 (Introduction of Guests) 3. ANNOUNCE COMMITTEE APPOINTMENTS 4. RESOLUTION IN MEMORIAM HONORING L.J. RICHARDSON 5. RECOGNIZE RETIRING DIRECTORS 6. RECOGNIZE RETIRING SPECIAL ADVISOR 7. Consider and possible action on a resolution honoring the life and service of L.J. Richardson of the City of Brownfield a. b. Consider and possible action recognizing the service of CRMWA Director Rex McKay Consider and possible action recognizing the service of CRMWA Director Jim Conkwright Consider and possible action recognizing the service of John C. Williams APPROVE PAYMENT Directors' expenses since 07/09/2014 8. REVIEW FINANCIAL INFORMATION 9. EMPLOY AUDITOR a. b. Financial Statements Investment Summary Consider and possible action employing Auditor for FY 13/14 Financial Transactions 10. BANKING AND INVESTMENT POLICY REVIEW 11. RATIFY EXPENSES Review and possible action approving the Banking and Investment Policy a. b. Consider and possible action ratifying non-budgeted expenditures over $10,000 Consider and possible action ratifying the establishment and funding of a reserve for the purchase of an Injection Well Valve for the Salinity Control Project with FY13/14 O&M funds c. Consider and possible action ratifying advanced funding of the Replacement Reserve Fund with a portion of remaining FY 13/14 O&M funds in lieu of using budgeted FY 14/15 funds d. Consider and possible action ratifying the establishment and funding of a New Well Construction Reserve Fund with a portion of remaining FY 13/14 funds 12. 13. WELL AND WELL PUMP RESERVE FUND Consider and possible action approving continuation of reallocation of pumping energy surcharge fees to Well & Well Pump Reserve Fund MOTOR REPLACEMENT Consider and possible action authorizing General Manager to sign agreement with Freese & Nichols for a study on replacing or modifying pumping units at Pumping Plants 1–4 14. FUEL BOAT 15. ESTABLISH WATER ALLOCATIONS 16. Consider and possible action authorizing the purchase of a fuel supply boat for the Channel Revitalization Project a. b. c. d. e. Status of Lake Meredith Status of John C. Williams Wellfield Consider and possible action revising groundwater allocation for 2014 Consider and possible action on Lake Water pumping Consider and possible action setting 2015 water allocations CONTRACT REVENUE REFUNDING BONDS, SERIES 2005 AND CONTRACT REVENUE BONDS, SERIES 2006 Consider and possible action on a Resolution of the Board of Directors of the Canadian River Municipal Water Authority Authorizing the Issuance and Sale of Canadian River Municipal Water Authority Subordinate Lien Contract Revenue Refunding Bonds, Series 2014 (Conjunctive Groundwater Supply Project), in the Aggregate Principal Amount Not to Exceed $50,000,000, prescribing the form of said bonds, providing for security for and payment of said bonds, awarding the sale thereof, and enacting other provisions relating to the Project 17. CRMWA II 18. STATUS OF SPS RATE CASE 19. UPDATE AND CONSULTATION WITH ATTORNEYS ON THE HAYHOOK LTD VS CANADIAN RIVER MUNICIPAL WATER AUTHORITY LAWSUIT 20. EXECUTIVE SESSION 21. NATIONAL PARK SERVICE ACTIVITY REPORT 22. GENERAL MANAGER’S REPORT a. b. Status of CRMWA II Consider and possible action amending CRMWA II Pipeline – Route Study Scope of Work to include environmental and archeological surveys Executive session may be held as authorized by the Texas Government Code in relation to the following subject: Consultation with attorney on items set forth in this agenda, as needed. Authorized by Section 551.071, Texas Government Code; or deliberations regarding real property for any appropriate items on this agenda. Authorized by Section 551.0 72, Texas Government Code. a. b. c. d. e. Reservoir Storage and Lake Level Administrative Activities Salinity Control Project Water Quality System Operations ************************************************************************************** Done by order of: Steve Tucker, President Attest:_______________________________ (Secretary)