Title
Approval of the 2018 Memorandum of Understanding ("2018 MOU") between the Detroit Water and Sewerage Department and the Great Lakes Water Authority
Body
Agenda of: June 20, 2018
Item No.: 2018-795
Amount: N/A
TO: The Honorable
Board of Directors
Great Lakes Water Authority
FROM: Sue F. McCormick
Chief Executive Officer
Great Lakes Water Authority
DATE: June 11, 2018
RE: Approval of the 2018 Memorandum of Understanding ("2018 MOU") between the Detroit Water and Sewerage Department and the Great Lakes Water Authority
MOTION
Upon recommendation of Nicolette Bateson, Chief Financial Officer/Treasurer (CFO), and Randal M. Brown, General Counsel, the Board of Directors (Board) of the Great Lakes Water Authority (GLWA):
1) Authorizes GLWA's Chief Executive Officer (CEO), CFO and General Counsel to finalize, and the CEO execute on behalf of the GLWA, the 2018 Memorandum of Understanding ("MOU") between the Detroit Water and Sewerage Department (DWSD) and the GLWA;
2) Notes that five (5) votes are necessary for approval of this Resolution;
3) GLWA and DWSD shall create at a minimum four (4) binders, including the 2018 MOU and supporting documentation. The binders shall be retained by both parties' CFOs and General Counsel and kept in their permanent storage; and
4) Authorizes the CEO and CFO to take such other action as may be necessary to accomplish the intent of this vote.
BACKGROUND
The concept of formation of a regional water authority arose as a part of the City of Detroit's Chapter 9 Bankruptcy. The formation of GLWA was discussed during mediation proceedings held as a part of the bankruptcy case. On June,12, 2015, the City of Detroit and GLWA entered into a Regional Water Supply Lease, a Regional Sewage Disposal Lease (collectively the "Leases") and a Water and Sewer Services Agreement ("WSSA"). On January 1, 2016, the Leases and WSSA became effective and govern the re...
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