Ann DeMartini has been retained as a business consultant. Crestview will benefit from her 16 years of experience running three local water companies from 1995 to 2010. She has represented mutual water companies on the board of the Association of Water Agencies and was president of AWA in 2010. She Continue reading Ann DeMartini retained as business consultant; Durrell McAdoo promoted to Water System Superintendent.
The Board approved in principle a proposal by Directors Muro and Stephenson to create committees of two or more shareholders led by one Director to address issues that could benefit from shareholder input. Their suggested committees are: Finance and Oversight Planning Shareholder Communications Bylaw Reform IT/Business Intelligence It is expected Continue reading Crestview to seek volunteer shareholders for committee work.
President Frank Mezzatesta’s report to the Annual Meeting discussed staffing plans following the retirement of GM Robert Eranio on May 25, to be effective in three months. Mezzatesta emphasized that Mr. Eranio left on his own and has three times turned down offers of a time-and-materials contract to continue contributing Continue reading Highlights of President’s report to Annual Meeting
The Board received reports at its June 30 meeting on several matters that could portend rate increases. Past president Sol Chooljian suggested the Board follow past practice of doing a complete mid-year budget review. The wet winter has meant that water sales revenue is about 67% ($476,000) under budget. Sales Continue reading Significant financial issues before the Board
The Agenda and Board Packet for the next meeting have been posted. After the Shareholders’ Public Forum, the minutes of the May 25 and June 12 meetings will be considered. Minutes of the Annual Shareholders Meeting of April 22, 2021, are also on the Agenda, but those should be approved Continue reading Next Board meeting Friday, June 30 at 5:30.
Consulting General Manager Robert Eranio advised the Board today that he is retiring as of the end of August. He announced this at the end of his General Manager’s report in the public part of today’s Board meeting. There were no announcements about a successor or a transition plan. Mr. Continue reading General Manager announces retirement.
Treasurer Laurie Bennett reported to the Board on March 22 that she has arranged to have our large deposits at Pacific Western Bank moved into insured certificates of deposit under the FDIC’s CDARS or IntraFi program, as of March 23. General Manager Robert Eranio is working with Community Bank of Continue reading Crestview’s bank deposits moving to insured accounts; and we have “banked” 100 acre-feet of groundwater so far this water year.
The Election Manual and the Board Proxy form discussed at the January 23 meeting was discussed some more at the February 23 meeting and adopted with three amendments: Mailed proxies must reach the Inspector one week before the Annual Meeting (instead of two weeks as originally proposed). It was made Continue reading Board adopts new Election Manual to govern annual shareholder meetings.
The Board will discuss and vote on an Election Manual and Proxy form at its Thursday, February 23, meeting. The Board discussed an earlier draft, as reported here. The only revision is to allow Shareholders to use their own proxy forms meeting certain requirements. The provisions evoking concerns that new Continue reading Board to vote on Election Manual February 23 at 6:00 p.m. in-person meeting.
Shareholders get more flexible comment guidelines. Each shareholder will be allowed 3-5 minutes to address a Board meeting, but the presiding officer has discretion to shorten time if there are many speakers or to cut off speakers talking “too long.” The president can also allow more time. Shareholders may divide Continue reading New procedures for shareholder participation in Board meetings.