Board elects Dave Stephenson to succeed Frank Mezzatesta as President.

The Board elected Director Dave Stephenson to succeed Frank Mezzatesta as President.  The vote took place at the April 23 meeting, and the change is effective immediately.  Other Officers were reelected:  Vice President, Alma Quezada; Secretary, Steven Muro; and Treasurer, Laurie Bennett.  Frank Mezzatesta remains on the Board and pledged Continue reading Board elects Dave Stephenson to succeed Frank Mezzatesta as President.

Nothing happened at the Annual Meeting.

There was no official Annual Meeting on April 2 because there was no quorum.  Informational reports were given and Shareholders commented.  The FY2023 financial statements, which should have been sent to shareholders by March 18, 2024, were not available.  They will be posted on the Crestview website when received from Continue reading Nothing happened at the Annual Meeting.

Mezzatesta evaluates own performance in first year as President.

At the November 28 Board meeting, Frank Mezzatesta was asked what he is most proud of in his first year as President.  This was followed by, “What was most challenging?” and “What are you least proud of.”  After taking a few moments to think, this is what he said:  In Continue reading Mezzatesta evaluates own performance in first year as President.

Ann DeMartini retained as business consultant; Durrell McAdoo promoted to Water System Superintendent.

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.

Crestview to seek volunteer shareholders for committee work.

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.

Highlights of President’s report to Annual Meeting

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

Significant financial issues before the Board

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

Next Board meeting Friday, June 30 at 5:30.

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.

General Manager announces retirement.

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.

Crestview’s bank deposits moving to insured accounts; and we have “banked” 100 acre-feet of groundwater so far this water year.

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.