MINUTES – BOARD OF DIRECTORS – SAN DIEGO COMMUNITY POWER 1 SAN DIEGO COMMUNITY POWER (SDCP)
BOARD OF DIRECTORS
2488 Historic Decatur Road, Suite 250
San Diego, CA 92106
MINUTES
January 23, 2023
This meeting was conducted utilizing teleconferencing and electronic means consistent with Government Code Section 54953, as amended by Assembly Bill 361, in relation to the COVID-19 State of Emergency and recommended social distancing measures.
The Board minutes are prepared and ordered to correspond to the Board Agenda. Agenda Items can be taken out of order during the meeting.
The Agenda Items were considered in the order presented.
WELCOME
CALL TO ORDER
Interim Presiding Officer LaCava (San Diego) called the SDCP Board of Directors meeting to order at 11:02 a.m.
ROLL CALL
PRESENT: Interim Presiding Officer LaCava (San Diego), Director Parent (La Mesa), Director Yamane (National City), Director Lawson-Remer (County of San Diego), Director Aguirre (Imperial Beach), Director McCann (Chula Vista) and Director Hinze (Encinitas)
ABSENT: None
Also Present: Chief Executive Officer (“CEO”) Burns, General Counsel Baron
PLEDGE OF ALLEGIANCE
Interim Presiding Officer LaCava (San Diego) led the Pledge of Allegiance.
SPECIAL PRESENTATIONS AND INTRODUCTIONS
Interim Presiding Officer (LaCava) introduced the following new SDCP staff members:
Chandra Pugh, Director of People
MINUTES – BOARD OF DIRECTORS – SAN DIEGO COMMUNITY POWER 2 REPORT FROM CLOSED SESSION (IF HELD)
None
ITEMS TO BE ADDED, WITHDRAWN, OR REORDERED ON THE AGENDA
PUBLIC COMMENTS
The agenda items were considered in the order presented.
NON-AGENDA PUBLIC COMMENTS
Jeffrey Osborn of Jacumba Hot Springs spoke in opposition of the JVR Energy Park as currently designed.
CONSENT CALENDAR
1. Approval of Findings to Continue Holding Remote/Teleconference Meetings Pursuant to Assembly Bill 361
Approved.
2. Receive and File Treasurer’s Report for Period Ending November 30, 2022 Received and filed.
3. Receive and File Update on Back Office Operations
Received and filed.
4. Receive and File Update on Marketing and Public Relations Received and filed.
5. Receive and File Update on Community Advisory Committee Received and filed.
6. Receive and File Update on Regulatory and Legislative Affairs Received and filed.
MINUTES – BOARD OF DIRECTORS – SAN DIEGO COMMUNITY POWER 3 7. Approval of Second Amendment to Professional Services Agreement with Futura Energy Group to add $70,000 for a total of $305,000 for Professional Recruiting Services for FY2023.
Approved.
ACTION: Motioned by Director McCann (Chula Vista) and seconded by Director Parent (La Mesa) to approve Consent Calendar Items 1 through 7.
The motion carried by the following vote:
Vote: 7-0
Yes: Interim Presiding Officer LaCava (San Diego), Director Parent (La Mesa), Director Yamane (National City), Director Lawson-Remer (County of San Diego), Director Aguirre (Imperial Beach), Director McCann (Chula Vista) and Director Hinze (Encinitas) No: None
Abstained: None
Absent: None
ITEMS REMOVED FROM THE CONSENT CALENDAR
There were no items removed from the Consent Calendar.
REGULAR AGENDA
8. Election of Chair and Vice Chair for Calendar Year 2023 General Counsel Baron called for nominations from the floor for the Chair and Vice Chair positions for Calendar Year 2023.
ACTION: Motioned by Director McCann (Chula Vista) and seconded by Director Parent (La Mesa) to nominate Joe LaCava (San Diego) as the Chair.
Public Comment:
Matthew Vasalakis submitted a written comment in support of Director LaCava’s nomination for the Chair position.
Joyce Layne spoke in support of Director LaCava’s nomination for the Chair position.
Karina Gonzales spoke in support of Director LaCava’s nomination for the Chair position.
Director question and comments ensued.
The motion carried by the following vote:
Vote: 7-0
MINUTES – BOARD OF DIRECTORS – SAN DIEGO COMMUNITY POWER 4 Yes: Interim Presiding Officer LaCava (San Diego), Director Parent (La Mesa), Director Yamane (National City), Director Lawson-Remer (County of San Diego), Director Aguirre (Imperial Beach), Director McCann (Chula Vista) and Director Hinze (Encinitas) No: None
Abstained: None
Absent: None
ACTION: Motioned by Director Yamane and seconded by Director Parent (La Mesa) to nominate Terra Lawson-Remer (County of San Diego) as the Vice Chair.
The motion carried by the following vote:
Vote: 7-0
Yes: Chair LaCava (San Diego), Director Parent (La Mesa), Director Yamane (National City), Vice Chair Lawson-Remer (County of San Diego), Director Aguirre (Imperial Beach), Director McCann (Chula Vista) and Director Hinze (Encinitas) No: None
Abstained: None
Absent: None
9. Appointment of Members to the Finance and Risk Management Committee Chair LaCava (San Diego) asked for volunteers from the floor. Directors McCann (Chula Vista), Parent (La Mesa) and Aguirre (Imperial Beach) volunteered to serve on the Finance and Risk Management Committee (FRMC). Chair LaCava then nominated Directors McCann (Chula Vista), Parent (La Mesa) and Aguirre (Imperial Beach) to serve on the Finance and Risk Management Committee (FRMC). And, nominated Director McCann (Chula Vista) to Chair the FRMC.
ACTION: Chair LaCava nominated Directors McCann (Chula Vista), Parent (La Mesa) and Aguirre (Imperial Beach) to serve on the Finance and Risk Management Committee (FRMC).
And, nominated Director McCann (Chula Vista) to Chair the FRMC.
The nomination carried by the following vote:
Vote: 7-0
Yes: Chair LaCava (San Diego), Director Parent (La Mesa), Director Yamane (National City), Vice Chair Lawson-Remer (County of San Diego), Director Aguirre (Imperial Beach), Director McCann (Chula Vista) and Director Hinze (Encinitas)
No: None
Abstained: None
Absent: None
10. Approval of 2023 Rates
Director of Data Analytics and Account Services Utouh, Finance Manager Manglicmot and Chief Executive Officer Burns gave a presentation on the rate development process.
MINUTES – BOARD OF DIRECTORS – SAN DIEGO COMMUNITY POWER 5 Director question and comments ensued.
ACTION: Motioned by Director McCann (Chula Vista) and seconded by Director Yamane (National City) to approve a 3% rate increase.
The motion carried by the following vote:
Vote: 7-0
Yes: Chair LaCava (San Diego), Director Parent (La Mesa), Director Yamane (National City), Vice Chair Lawson-Remer (County of San Diego), Director Aguirre (Imperial Beach), Director McCann (Chula Vista) and Director Hinze (Encinitas) No: None
Abstained: None
Absent: None
Director Lawson-Remer left the meeting.
11. Approval of New Credit Agreement to Implement New Line of Credit of $150,000,000 from JP Morgan Credit Facility
Chief Financial Officer Washington made a presentation on the proposed Line of Credit increase with JP Morgan.
Director question and comments ensued.
ACTION: Motioned by Director McCann (Chula Vista) and seconded by Director Parent (La Mesa) to approve a New Credit Agreement to Implement New Line of Credit of $150,000,000 from JP Morgan Credit Facility.
The motion carried by the following vote:
Vote: 6-0
Yes: Chair LaCava (San Diego), Director Parent (La Mesa), Director Yamane (National City), Director Aguirre (Imperial Beach), Director McCann (Chula Vista) and Director Hinze (Encinitas) No: None
Abstained: None
Absent: Lawson-Remer (County of San Diego)
12. Approval of Amended and Restated Vikings Power Purchase Agreement Managing Director Power Services Vosburg made a presentation on the Amended and Restated Vikings Power Purchase Agreement and provided a project overview of the Vikings Energy Farm, LLC.
MINUTES – BOARD OF DIRECTORS – SAN DIEGO COMMUNITY POWER 6 ACTION: Motioned by Director McCann (Chula Vista) and seconded by Director Parent (La Mesa) to approve the Amended and Restated Vikings Power Purchase Agreement.
The motion carried by the following vote:
Vote: 6-0
Yes: Chair LaCava (San Diego), Director Parent (La Mesa), Director Yamane (National City), Director Aguirre (Imperial Beach), Director McCann (Chula Vista) and Director Hinze (Encinitas) No: None
Abstained: None
Absent: Lawson-Remer (County of San Diego)
13. Update on the Community Power Plan
Director of Programs Santulli provided an update on the Community Power Plan.
Following Board questions and comments, no action was taken.
DIRECTOR INITIATED ITEMS
There were no Director initiated items.
REPORTS BY CHIEF EXECUTIVE OFFICER AND GENERAL COUNSEL
There were no reports by the CEO or General Counsel.
DIRECTOR COMMENTS
There were no Director comments.
ADJOURNMENT
Chair LaCava (San Diego) adjourned the meeting at 12:18 p.m.
Kimberly Isley, Clerk of the Board