Roll call. [roll call] we have a quorum. Item 3. Were going to go into closed session. We need a motion to do that and ill ask for Public Comment after that. I move we go into closed session. Moved and seconded. Is there any Public Comment . When we come back into to Public Session ill review the Public Comment rules. All in favor say aye. Aye. Opposed first item is to report out of closed session. We need a motion. I make a motion. Second. Is there Public Comment . All those in favor say aye. Aye. Rules of Public Comment are the standard rules. Well limit testimony to three minutes on any item people may want to talk about. Please read the rules that are posted with the agenda in case you are not familiar. To start with Public Comment i will recognize mr. Winier. He called me wiener. My apologized. I wish to mention the passing of peter ash, who was the former commissioner on this board. In honor of his memory in the marine core Heritage Museum because of the service in the United Sta
Were going to go into closed session. We need a motion to do that and ill ask for Public Comment after that. I move we go into closed session. Moved and seconded. Is there any Public Comment . When we come back into to Public Session ill review the Public Comment rules. All in favor say aye. Aye. Opposed first item is to report out of closed session. We need a motion. I make a motion. Second. Is there Public Comment . All those in favor say aye. Aye. Rules of Public Comment are the standard rules. Well limit testimony to three minutes on any item people may want to talk about. Please read the rules that are posted with the agenda in case you are not familiar. To start with Public Comment i will recognize mr. Winier. He called me wiener. My apologized. I wish to mention the passing of peter ash, who was the former commissioner on this board. In honor of his memory in the marine core Heritage Museum because of the service in the United States army. I simply was to mention his memory. I t
Running late and we have a quorum. Next item, please. Item 3 is the annual election of officers, discussion and possible action to discuss a president and Vice President , each to serve a onearea term. I would like to nominate president cane for an additional term and make a motion along with that nomination. Ill second it. All those in favour . Opposed . Motion carries. Congracongratulations, madam ch. Thank you. What was the motion . The motion was to elect and i i was unclear, i nominate made a o elect. Are there any comments on that . And im sorry if i was unclear . Very good. Thank you for clarifying, commissioner moran. And for the position of views president , you would like to nominate the current views president francesca vador and what is confusing is who is acting as clear at this moment . Im chair but not doing the nom nations. Who is, the vice chair . As acting chair we have a nomination of Vice President . Any Public Comment . All those in favour say aye and opposed . Con
Capital Financing Activities of the puc. This is important because the pucs large debt portfolio and credit needs and as always, our management activities both of an issuance and administration standpoint are guided by the various policies that youve approved in the past, including the Capital Debt Service policies, which you approved in 2017, as well as debt and management policies and procedures and finally our debt and management activities are guided by our key debt stakeholders including the oversight committee. So on this slide, youll see a senatsnapshot of the debt inclug Revenue Bonds, lowcost, state and federal loans and it shows the strong bond ratings each of the enterprise currently enjoys. The capital Financing Activities are centered around three areas. One, meeting the new credit needs to satisfy the ongoing Capital Requirements including determining when and how much funds are kne needed to be ang d and the debt portfolios which is one when replaced renewed Credit Facil
Each to serve a onearea term. I would like to nominate president cane for an additional term and make a motion along with that nomination. Ill second it. All those in favour . Opposed . Motion carries. Congracongratulations, madam ch. Thank you. What was the motion . The motion was to elect and i i was unclear, i nominate made a o elect. Are there any comments on that . And im sorry if i was unclear . Very good. Thank you for clarifying, commissioner moran. And for the position of views president , you would like to nominate the current views president francesca vador and what is confusing is who is acting as clear at this moment . Im chair but not doing the nom nations. Who is, the vice chair . As acting chair we have a nomination of Vice President . Any Public Comment . All those in favour say aye and opposed . Congracongratulations, vice pre. Thank you. I will hand this back to our president. Can i just Say Something so that were clear. I wanted to say for my understanding and fulfi