MINUTES – FINANCE AND RISK MANAGEMENT COMMITTEE – SAN DIEGO COMMUNITY POWER 1 Finance and Risk Management Committee
San Diego Community Power (SDCP)
9192 Topaz Way
San Diego, California 92123
MINUTES
April 13, 2023
The Committee minutes are prepared and ordered to correspond to the Committee Agenda. Agenda Items can be taken out of order during the meeting.
The Agenda Items were considered in the order presented.
CALL TO ORDER
Chair McCann (Chula Vista) called the Finance and Risk Management Committee meeting to order at 4:03 p.m.
ROLL CALL
PRESENT: Alternate Director Fisher (Imperial Beach), Director Parent (La Mesa), Chair McCann (Chula Vista)
ABSENT: None
Also Present: Chief Executive Officer (“CEO”) Burns, Chief Financial Officer (“CFO”)/Treasurer Washington, Assistant General Counsel Shepherd
PUBLIC COMMENTS
There were no public comments.
ITEMS TO BE ADDED, WITHDRAWN, OR REORDERED ON THE AGENDA There were no items to be added, withdrawn, or reordered.
MEETING AGENDA
MINUTES – FINANCE AND RISK MANAGEMENT COMMITTEE – SAN DIEGO COMMUNITY POWER 2 1. Approval of March 16, 2023 Meeting Minutes
ACTION: Motioned by Director Parent (La Mesa) and seconded by Alternate Director Fisher (Imperial Beach) to approve the March 16, 2023 Meeting Minutes.
Vote: 3-0
Yes: Alternate Director Fisher (Imperial Beach), Director Parent (La Mesa), Chair McCann (Chula Vista)
No: None
Abstained: None
Absent: None
2. Review of Treasurer’s Report for Period Ending February 28, 2023 CFO/Treasurer Washington presented the Treasurer’s Report for Period Ending February 28, 2023.
Committee questions and comment ensued.
ACTION: Motioned by Alternate Director Fisher (Imperial Beach) and seconded by Chair McCann (Chula Vista) to advance the Treasurer’s Report for Period Ending February 28, 2023 to the Board of Directors.
Vote: 3-0
Yes: Alternate Director Fisher (Imperial Beach), Director Parent (La Mesa), Chair McCann (Chula Vista)
No: None
Abstained: None
Absent: None
3. Presentation of the Proposed Framework of the SDCP Debt Policy CFO/Treasurer Washington and Finance Manager Manglicmot presented the Framework of the SDCP Debt Policy
Committee questions and comments ensued.
ACTION: Motioned by Director Parent (La Mesa) and seconded by Alernate Director Fisher (Imperial Beach) to advance the SDCP Debt Policy to the Board of Directors.
Vote: 3-0
Yes: Alternate Director Fisher (Imperial Beach), Director Parent (La Mesa), Chair McCann (Chula Vista)
No: None
MINUTES – FINANCE AND RISK MANAGEMENT COMMITTEE – SAN DIEGO COMMUNITY POWER 3 Abstained: None
Absent: None
COMMITTEE MEMBER ANNOUNCEMENTS
There were no announcements.
ADJOURNMENT
Chair McCann (Chula Vista) adjourned the meeting at 4:36 p.m.