Entry No. 1
PIONEER COMMUNITY ENERGY
AUDIT & FINANCE COMMITTEE
September 19, 2022
Minutes
Heard General Administrative Functions, Part I.
Call to Order
Pioneer Community Energy Audit & Finance Committee met in open session at 1: 00 PM on September 19, 2022. Pursuant to Government Code section 54953(e) and other applicable provisions of the Brown Act, the meeting was conducted via live streamed teleconference accessed and viewed at the following web link: https://us06web.zoom .us/i/ 83809010684.
In order to protect public health and the safety of our Placer County and El Dorado County citizens, the Public Comment for the Pioneer Audit & Finance Committee Meeting will be offered through the Zoom platform. Public access to The Pioneer Audit & Finance Committee Meeting will be entirely by remote audio/visual participation. Therefore, the meeting will be closed to in-person public participation.
Citizens who wish to comment should be prepared to use the Zoom platform via computer or telephone. Public Comment will be opened for each agenda item in sequence, so be prepared to call in for the specific item you wish to comment on when the Committee Chair announces the item. Calls will not be connected if Public Comment has been closed for that item, and callers will be directed to call back if they are calling for a later agenda item.
Roll Call
p A Title Name
X Chair Greg Janda, City of Rocklin
X Vice Chair Jeff Duncan, Town of Loomis
X Member Dan Karleskint, City of Lincoln
X Member Dennis Thomas, City of Placerville
Public Comment
There were no comments from the public for items not listed on this agenda.
Agenda Review
Reviewed the meeting agenda for September 19, 2022, with no amendments made to the agenda.
Entry No. 2
Acted on the Consent Agenda as follows:
Approved Minutes of the May 11, 2022, Audit & Finance Committee meeting.
MOTION: Karleskint/Thomas. Vote: 4:0:0
ROLL CALL VOTE: Duncan, Janda, Karleskint, Thomas.
No/Abstain: None.
Absent: None.
Entry No. 3
Received presentation from PFM Financial Advisors, who represent and advise Pioneer on the Energy Prepay Bond Transaction. The presentation reviewed the Prepay Bond structure and updated the Committee on the transaction progress. The Committee consensus was to recommend to the Board approval of the Bond documents that will be considered by the Board at the October or November 2022 meeting.
Audit & Finance Committee
September 19, 2022
Entry No. 4
Pisenti & Brinker, Pioneer's independent auditors, presented an overview of the upcoming audit of Pioneer's financial activity for Fiscal Year 2021-22.
Entry No. 5
Heard General Administrative Functions, Part II.
The meeting adjourned at 1: 54 PM.
ATTEST:
Minutes approved as presented by a majority vote of the Audit & Finance Committee on December 8, 2022.
Teresa Willock, Board Secretary