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Finance & Insurance Committee Item 8-1 February 12, 2018 - PowerPoint PPT Presentation

Finance & Insurance Committee Item 8-1 February 12, 2018 Finance and Insurance Committee Item 6c, Slide 1 February 12, 2018 Administrative Code Section 4304, paragraph (c) Subsequent to presentations on rates and charges at


  1. Finance & Insurance Committee Item 8-1 February 12, 2018 Finance and Insurance Committee Item 6c, Slide 1 February 12, 2018

  2. Administrative Code Section 4304, paragraph (c) • Subsequent to presentations on rates and charges at February Committee meeting, Finance and Insurance Committee to hold public meeting before its April meeting Metropolitan Water District Act Section 124.5 • Authorizes the Board to consider suspending limit on ad valorem property tax rates after holding a public hearing Finance and Insurance Committee Item 6c, Slide 2 February 12, 2018

  3. Set a combined meeting for both hearings • Board meeting on March 13, 2018 Finance and Insurance Committee Item 6c, Slide 3 February 12, 2018

  4. Option # 1 Adopt CEQA determination Schedule a combined public hearing for March 13, 2018 Direct General Manager to publish notice of meeting Option # 2 Adopt CEQA determination Set either separate public hearings or a combined public hearing on a different date or dates, so long as public meeting on rates and charges is held prior to April Committee meeting Finance and Insurance Committee Item 6c, Slide 4 February 12, 2018

  5. Option #1 – Adopt CEQA determination and Schedule a combined public hearing for March 13, 2018 Direct General Manager to publish notice of meeting Finance and Insurance Committee Item 6c, Slide 5 February 12, 2018

  6. Finance and Insurance Committee Item 6c, Slide 6 February 12, 2018

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