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MINUTES OF THE SEPTEMBER 15, 2011, MEETING OF THE <br />SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY <br />A regular meeting of the Board of Directors was held on September 15, 2011, at the Embassy <br />Suites, 800 North Central Avenue, Glendale, California. <br />The meeting was called to order at 10:05 a.m. by President Glenn Steiger. <br />The following Board members (M) and alternates (A) were present and acting in their capacity <br />as representative for their utility: Steve Sciortino, Anaheim (A); George Morrow, Azusa (M); <br />Fred H. Mason, Banning (M); Ronald E. Davis, Burbank (M); Glenn O. Steiger, Glendale (M); <br />Aram Benyamin, LADWP (A); Eric Klinkner, Pasadena (A); David H. Wright, Riverside (M); <br />Carlos Fandino, Vernon (M). <br />Staff members present were: SCPPA staff members Bill D. Carnahan, Phyllis H. Brown, <br />Daniel S. Hashimi, Richard M. Helgeson, Steven L. Homer, Geri L. Mitchell, Vernon D. Oates, <br />Salpi Ortiz, David G. Walden, and Therese Savery, Manager of SCPPA Accounting. <br />Attorneys and consultants present included: Stephen Cole, Fulbright & Jaworski. <br />1. Notice/Amda Opportunity for the Public to Address the Board <br />President Steiger afforded the public an opportunity to address the Board. <br />2. Approval of Minutes <br />Mr. Wright moved to approve the minutes of the meeting held August 18, 2011. The motion <br />was seconded by Mr. Morrow, and unanimously approved. <br />3. Executive Director's Report <br />Mr. Carnahan referenced his written report and discussed the highlights. Mr. Carnahan <br />discussed plans for the SCPPA Mayors Briefing in Ontario on September 30, 2011. <br />4. FYnance and Accounting Manager's Report <br />Mr. Oates reported on the Finance Committee meeting of September 12, 2011, and presented <br />the Investment Report for the month of July 2011. The report was received and filed. <br />Mr. Oates presented Resolution 2011-081, authorizing renewal of an agreement with Public <br />Financial Management for financial advisory services. Mr. Davis moved that Resolution <br />2011-081 be approved. The motion was seconded by Mr. Sciortino and unanimously <br />approved. <br />Mr. Oates presented Resolution 2011-082, requesting authorization of an Information <br />Resource Program. Following discussion, the item was referred to the Finance Committee. <br />