Public Utilities Revenue Bond Oversight Committee

MINUTES

Monday, December 4, 2006
9:30 a.m. – 11:30 a.m.
1155 Market Street (between 7 & 8th Streets) 4th Floor
San Francisco, CA  94103

Committee Members
Lisbet Sunshine, Chair
Aimee Brown, Vice-Chair
Brian Browne
Severin Campbell
David Sutter
Patrick Sweetland

1. Call to Order and Roll Call
    
   Chair Lisbet Sunshine called the meeting to order at 9:40 a.m. and roll call was taken. Present: Lisbet Sunshine, Aimee Brown, Brian Browne, Patrick Sweetland; Severin Cambell and David Sutter were not present. There was a quorum.

2. Public Comment - Members of the public may address the RBOC on matters that are within the RBOC’s jurisdiction and are not on today’s agenda.

   There were no comments from the public.

    Severin Campbell arrived at 9:45 a.m. 

3. Discussion and presentation by Jeet Bajwa on update of Water System Improvement Program (WSIP).

   Mr. Surinderjeet “Jeet” Bajwa, SFPUC Manager of Projects for Infrastructure’s Program Management Bureau gave the RBOC members an update of the Water System Improvement Program (WSIP). Mr. Bajwa distributed detailed handouts to the group (available upon request).

4. Discussion and possible action relating to RBOC members requests for information from SFPUC staff.

   Four questions were submitted by Steve Lawrence through Mr. Browne (attached herein). RBOC members considered Mr. Lawrence’s questions and generally agreed that they warranted some review by appropriate bodies other than this Committee. In particular, RBOC members said they would like to review documents related to the level of service goals set by the Commission. Staff agreed to provide them. In addition, RBOC members expressed interest in better understanding the approval process for changes to WSIP projects. Ms. Sunshine suggested that Tony Irons be asked to address these issues at a future meeting.

   Mr. Lawrence’s questions:
   

5. Report from the Chair

   There was no report from the Chair.

6. Discussion and possible action regarding recommendation by Contracting Working Group to negotiate with and retain Robert Kuo Consulting LLC to revew certain revenue bond expenditures, including for WSIP and the Wastewater Enterprise, and perform other auditing services for RBOC

   RBOC Contracting Subcommittee Chair Aimee Brown described the events since the RBOC meeting on October 2, 2006. Ms Brown stated the Subcommittee’s recommendation is to contract directly with Bob Kuo for financial services. Mr. Sweetland moved in favor of the recommendation and Ms. Campbell seconded, other members in favor were Ms. Brown and Ms. Sunshine; Mr. Browne opposed the motion. The motion passed.

7. Discussion and possible action regarding draft Annual Report.

   RBOC Chair Lisbet Sunshine stated she would distribute a draft of the Annual Report for members to review in early December.

8. Discussion and possible action to approve the minutes of the meeting held on October 2, 2006. 

   Ms. Brown moved to approve the minutes and Mr. Sweetland seconded the motion.  Ms. Brown and Mr. Sweetland voted in favor of the motion; Mr. Browne abstained.  The motion passed.
   

9. Discussion and possible action regarding proposed agenda(s) for next meeting(s)

   · Election of RBOC officers
   · Schedule 2007 RBOC Meetings
   · Discuss Annual Report
   · Invite Mr. Irons to talk about WSIP
   · Update on contracting with Mr. Kuo
    
   

10. Adjournment

RBOC Chair Lisbet Sunshine adjourned the meeting at 11:47 a.m.