Great Lakes Water Authority Logo
Share to Facebook Share to Twitter Bookmark and Share
File #: 2019-229    Version: 1 Name:
Type: Resolution Status: Passed
File created: 6/10/2019 In control: Board of Directors Workshop Meeting
On agenda: 6/12/2019 Final action: 6/12/2019
Title: Proposed Agreement related to FY2017 Shared Services and Transition Costs True-up between the Detroit Water and Sewerage Department and the Great Lakes Water Authority
Sponsors: Nicolette Bateson
Indexes: Finance
Attachments: 1. FY 2017 True Up Cover Memo 6.6.2019.pdf, 2. 2 - FY17 Shared Services and Transition Costs True-Up Agreement 6.6.2019.pdf
Title
Proposed Agreement related to FY2017 Shared Services and Transition Costs True-up between the Detroit Water and Sewerage Department and the Great Lakes Water Authority
Body

Agenda of: June 12, 2019
Item No.: 2019-229
Amount: N/A

TO: The Honorable
Board of Directors
Great Lakes Water Authority

FROM: Alicia Haskin
Public Finance Management Professional - Intergovernmental Relations
Great Lakes Water Authority

DATE: May 20, 2019


RE: Proposed Agreement related to FY2017 Shared Services and Transition Costs True-up between the Detroit Water and Sewerage Department and the Great Lakes Water Authority


MOTION

Upon recommendation of Nicolette Bateson, Chief Financial Officer
(CFO)/Treasurer 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 FY2017 Shared Services and Transition Costs True-Up Agreement between the Detroit Water and Sewerage Department (DWSD) and the GLWA;
2) GLWA and DWSD shall create at a minimum four (4) binders, including the FY2017 Shared Services and Transition Costs True-Up Agreement and supporting documentation. The binders shall be retained by both parties' CFOs and General Counsel and kept in their permanent storage; and
3) Authorizes the CEO 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 e...

Click here for full text