April 26, 2023
10:30 A.M.
Central Coast Community Energy
70 Garden Court, Suite 300
Monterey, CA 93940
City of Pismo Beach
City Hall
760 Mattie Road
Pismo Beach, CA 93449
City of San Luis Obispo
City Hall
990 Palm Street, Hearing Room
San Luis Obispo, CA 93401
MINUTES
The meeting was called to order at 10:30 A.M. with 4 members attending from 3 noticed locations and a quorum established Members Present: 3CE HQ: Freeman, Harvey
City of Pismo Beach: Waage
City of San Luis Obispo: Chair Johnson
Members Absent: Mendez (arrived at 3CE HQ at 10:35 A.M.)
CONSENT AGENDA
The Chair opened the public comment period.
No public comment received.
The Chair closed the public comment period.
MOTION: Moved by Member Freeman, seconded by Member Harvey to approve the Consent Agenda.
ACTION: The Motion Carried with a roll call vote: 5/0/0 AYES: Freeman, Harvey, Mendez, Waage, Chair Johnson
NOES: None
ABSENT: None
1.1 Approved Minutes from the September 15, 2022 Meeting of the Audit and Finance Committee.
REGULAR AGENDA
2.1 Appointed Chair and Vice Chair of the 3CE Audit and Finance Committee.
The Chair opened the public comment period.
No public comment received.
The Chair closed the public comment period.
MOTION: Moved by Member Mendez, seconded by Member Waage to approve the appointments for Derek Johnson as Chair and Ed Waage as Vice Chair of the 2023 Audit and Finance Committee.
ACTION: The Motion Carried with a roll call vote: 5/0/0 AYES: Freeman, Harvey, Mendez, Waage, Chair Johnson
NOES: None
ABSENT: None
2.2 Adopted a Regular Meeting Schedule of the 3CE Audit and Finance Committee MOTION: Moved by Member Waage, seconded by Member Harvey to adopt a regular schedule of the Audit and Finance Committee that aligns with that of the Policy Board.
ACTION: The Motion Carried with a roll call vote: 5/0/0 AYES: Freeman, Harvey, Mendez, Vice Chair Waage, Chair Johnson NOES: None
ABSENT: None
2.3 Received Oral Presentation from Pisenti & Brinker, LLP on Central Coast Community Energy (3CE) Fiscal Year 2021/2022 Audited Financial Report.
The Chair opened the public comment period.
No public comment received.
The Chair closed the public comment period.
ACTION: Discussion item; no action required.
2.4 Received an Update on a Prepay Financing Transaction and Recommended the Operations Board to Support the Policy Board’s Approval and Authorization of the CEO.
The Chair opened the public comment period.
No public comment received.
The Chair closed the public comment period.
MOTION: Moved by Vice Chair Waage, seconded by Member Harvey to approve Staff’s recommendation.
ACTION: The Motion Carried with a roll call vote: 4/0/1 AYES: Freeman, Harvey, Vice Chair Waage, Chair Johnson NOES: None
ABSENT: Mendez (left at 11:21 A.M.)
2.5 Received an Update of the Fiscal Year 2022-23 Mid-Year Budget Re-forecast and Support Seeking Policy Board Approval to Increase Appropriations.
The Chair opened the public comment period.
No public comment received.
The Chair closed the public comment period.
MOTION: Moved by Vice Chair Waage, seconded by Member Freeman to approve Staff’s recommendation.
ACTION: The Motion Carried with a roll call vote: 4/0/1 AYES: Freeman, Harvey, Vice Chair Waage, Chair Johnson NOES: None
ABSENT: Mendez
Adjourned at 11:31 A.M.