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File #: 2020-331    Version: 1 Name:
Type: Resolution Status: Passed
File created: 9/21/2020 In control: Board of Directors
On agenda: 9/23/2020 Final action: 9/23/2020
Title: Proposed Deferral of FY 2021 Charges
Sponsors: Nicolette Bateson
Indexes: Finance
Attachments: 1. 8A1 CFO Update 8.21.2020
Title
Proposed Deferral of FY 2021 Charges
Body

Agenda of: September 23, 2020
Item No.: 2020-331

TO: The Honorable
Board of Directors
Great Lakes Water Authority

FROM: Sue F. McCormick
Chief Executive Officer
Great Lakes Water Authority

DATE: June 24, 2020

RE: Approval of the Proposed Deferral of the FY 2021 Charges

MOTION

Upon recommendation of Nicolette Bateson, Chief Financial Officer/Treasurer, the Board of Directors (Board) of the Great Lakes Water Authority (GLWA) approves the Deferral of the FY 2021 Charges from October 1, 2020 to January 1, 2021; and authorizes the CEO to take such other action as may be necessary to accomplish the intent of this vote.

BACKGROUND

On March 11, 2020, the Board adopted Resolution 2020-083, "Resolution Regarding Approval of FY 2021 Schedule of Service Charges" (the Charges). Since the Board took that action, the COVID-19 pandemic afflicted the United States, causing President Donald Trump to declare a national emergency and Michigan Governor Gretchen Whitmer to declare a state of emergency in Michigan. Further, Governor Whitmer issued Stay Home/ Stay Safe Orders, which currently run through April 30, 2020. In addition, Governor Whitmer issued orders preventing local utilities from discontinuing water service during the declared State of Emergency.
On June 24, 2020, in response to the COVID-19 pandemic, the GLWA Board of Directors, approved the deferral of the effective date for the implementation of 2020-083 "Resolution Regarding Approval of FY 2021 Schedule of Service Charges," from July 1, 2020 to October 1, 2020.
As of September 21, 2020, Michigan has seen positive results from its efforts to slow the spread of the COVID-19 virus, the ultimate duration and impact of the virus, however, continue to remain unclear. Similarly, the duration and effects of the COVID-19 pandemic on the national economy, Michigan economy, and local economies within the GLWA service area remains unknown.

JUSTIFICATION

By d...

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