Policy Board of Directors
Wednesday, June 15, 2022
9:00AM
Central Coast Community Energy
70 Garden Court, Suite 300
Monterey, CA 93940
MINUTES
The meeting was called to order at 9:00am with 7 members attending in person and 7 members attending via teleconference pursuant to AB 361 and a quorum established.
Directors Present in-person: Carbone, McPherson, Quiroz-Carter, Baron, Waage, Vice Chair Williams, Chair McShane
Directors Present via teleconference: Adams (arrived at 9:04am), Brooks, Kosmicki, Marx, Morales (arrived at 9:03am), Nomura, Orona (arrived at 9:15am), Cordero, Velazquez Directors Absent: Meyers
The Chair opened the public comment period for items not listed on the agenda.
The following individual(s) addressed the Board.
John Smigelski
Michael Saint
The Chair closed public comment period.
Clerk announced a correction to the Minutes from the February 16, 2022. Item 10- the CAC Bylaws were not approved.
PRESENTATION
1. Received Presentation on 2017-2021 Impact Report
The Chair opened the public comment period.
The following individual(s) addressed the Board.
Michael Saint
Eric Veium
The Chair closed public comment period.
ACTION: Presentation only; No Action Required
2. Receive Presentation and Approve CCCE's Finance Strategic Initiatives and Direct the CEO to take Necessary Steps to Implement the Strategic Initiatives
The Chair opened the public comment period.
The following individual(s) addressed the Board.
Michael Saint
Eric Veium
The Chair closed public comment period.
ACTION: Presentation Only; No Action Required
CONSENT AGENDA
The Chair opened the public comment period.
No public comments were received.
The Chair closed public comment period.
Item 4 pulled for discussion by Director Kosmicki
MOTION: Moved by Vice Chair Williams, Seconded by Director McPherson to approve the Consent Agenda.
ACTION: The Motion Carried with a roll call vote: 15/0/2 AYES: Adams, Brooks, Carbone, Kosmicki, Marx, McPherson, Nomura, Orona, Cordero, Quiroz-Carter, Baron, Velazquez, Waage, Vice Chair Williams, Chair McShane NOES: None
ABSENT: Meyers, Morales (left at 10:10am)
3. Approved Minutes from the February 16, 2022 Meeting of the Policy Board with correction to item 10
4. Found, Pursuant to AB 361 and in order for the Policy Board of Directors to Continue Meeting Remotely, that the COVID-19 Pandemic State of Emergency Declared by Governor Newsom is Still In Effect; The Policy Board of Directors has Reconsidered the Circumstances of the State of Emergency; and the Monterey County Health Officer Continues to Recommend Social Distancing Measures for Meetings of Legislative Bodies
5. Appointed Jaya Bajpai as CCCE's Treasurer
6. Adopted the Financial Statements for the Fiscal Year 2020/2021 as prepared by CCCE and Maher Accountancy, Inc.
7. Directed CEO to take Necessary Steps to Prepare a PPA Pre-Pay Bond Issuance through California Community Choice Financing Authority
8. Approved Underserved Communities Outreach and Engagement Plan
9. Quarterly Regulatory and Legislative Report (Information Only)
10. Treasurer's Report (Information Only)
REGULAR AGENDA
11. Community Advisory Council Report
Chair opened public comment period.
There was no public comment received.
Chair closed public comment period.
ACTION: Discussion Item; No Action Required
12. Operations Board Report
Chair opened public comment period.
There was no public comment.
Chair closed public comment period.
ACTION: Discussion Item; No Action Required
13. CEO’s Report
a) Potential Impacts of Market Volatility
b) Rates Expectations for FY 22-23
c) SCE Cost of Service
d) Staffing Challenges
Chair opened public comment period.
There was no public comment.
Chair closed public comment period.
ACTION: Discussion Item; No Action Required
14. Received Presentation from Management Partners Inc. Detailing Community Advisory Committee Ad Hoc Subcommittee Agreements and Accepts Further Recommendations 1-4 and Suspends the Community Advisory Council Bylaws for 12 Months to Improve the Relationship between Staff and the CAC Chair opened public comment period.
The following individual(s) addressed the Board.
Seth Capron
Alex Lantsberg
Carole Mintzer
Wayne Norton
Michael Saint
Magi Amma
Benjamin Eichert
Brandon O’Rourke
Chair closed public comment period.
MOTION: Moved by Director McPherson, Seconded by Director Adams to approve Management Partners recommendations 1-4 and suspending the Bylaws for 12 months to improve the relationship between Staff and the CAC
ACTION: The Motion Passed with a roll call vote: 12/0/4 AYES: Adams, Brooks, Carbone, Marx, McPherson, Morales, Nomura, Orona, Cordero, Velazquez, Waage, Vice Chair Williams, Chair McShane
NOES: Kosmicki, Quiroz-Carter, Baron
ABSENT: Meyers
SUBSTITUTE MOTION: Moved by Director Marx, Seconded by Director Kosmicki to approve Management Partners Recommendations 1-4 suspending amending the Bylaws for 12 months.
ACTION: The Motion Failed with a roll call vote: 6/10/1 AYES: Kosmicki, Marx, Morales (returned at 10:19am), Orona, Quiroz- Carter, Baron NOES: Adams, Brooks, Carbone, Kosmicki, Marx, McPherson, Nomura, Orona, Cordero, Waage, Vice Chair Williams, Chair McShane
ABSENT: Meyers
15. Supported CCCE Turnkey Ownership Model for Front of the Meter Energy Storage Assets and Direct CEO to take Necessary Steps to Prepare a Bond Issuance for Later Policy Board Review and Approval Chair opened public comment period.
The following individual(s) addressed the Board.
Seth Capron
Chair closed public comment period.
MOTION: Moved by Director Waage, Seconded by Vice Chair Williams to approve ACTION: The Motion Passed with a roll call vote: 15/1/1 AYES: Adams, Brooks, Carbone, Kosmicki, Marx, McPherson, Morales, Nomura, Orona, Cordero, Quiroz-Carter, Baron, Rios, Waage, Vice Chair Williams, Chair McShane NOES: None
ABSENT: Meyers
16. Adopt Resolution No. PB-2022-01 to Support Senate Bill 1020 to Establish An Alternative Funding Source for Public Benefit Programs Currently Funded Through Electricity Delivery Rates Chair opened public comment period.
There were no public comments.
Chair closed public comment period.
MOTION: Moved by Director Adams, Seconded by Director Carbone to approve ACTION: The Motion Passed with a roll call vote: 16/0/1 AYES: Adams, Brooks, Carbone, Kosmicki, Marx, McPherson, Morales, Nomura, Orona, Cordero, Quiroz-Carter, Baron, Rios, Vice Chair Williams, Chair McShane NOES: Waage
ABSENT: Meyers
Board Member Reports & Comments
Adjournment 12:39 pm