Title
Appointment of Interim Chief Executive Officer
Body
Agenda of: August 11, 2021
Item No.: 2021-330
Amount: N/A
TO: The Honorable
Board of Directors
Great Lakes Water Authority
DATE: August 11, 2021
RE: Appointment of Interim Chief Executive Officer
MOTION
The Board of Directors (Board) of the Great Lakes Water Authority (GLWA):
1. Effective August 11, 2021, appoints Suzanne Coffey as Interim Chief Executive Officer (Interim CEO) of the Great Lakes Water Authority; and
2. As Interim CEO, Suzanne Coffey shall exercise the authority of the Chief Executive Officer consistent with GLWA’s Articles of Incorporation, Board Policies and actions, including but not limited to the ability to execute contracts, agreements, bank documents, evidence of indebtedness and documents related to the Clean Water State Revolving Fund (SRF), Drinking Water State Revolving Fund (DWSRF) and other applicable loan and grant programs, as well as those other actions that may be necessary to carry out the duties of the Interim CEO position.
3. The Interim CEO shall be deemed the Chief Executive Officer for all purposes under the Authority’s Master Bond Ordinance No. 2015-01 (as subsequently amended through the date hereof, the “Water MBO”), the Authority’s Master Bond Ordinance No. 2015-02 (as subsequently amended through the date hereof, the “Sewer MBO” and together with the Water MBO, the “MBO”), and any Series Ordinance adopted by the Board pursuant to the MBO; and
4. Authorizes the Board Chairman and General Counsel to take such other action as may be necessary to accomplish the intent of this vote.
BACKGROUND
GLWA’s CEO has submitted her resignation effective September 28, 2021. The Board wishes to perform a search for a CEO but wishes to provide for executive leadership for the utility as that process proceeds.
JUSTIFICATION
This action is consistent with the Board’s duties and responsibilities under GLWA’s Articles of Incorporation.
BUDGET IMPACT
Any costs associated with this resolution are included in the approved 2021 - 2022 budget.
COMMITTEE REVIEW
This matter is presented directly to the full Board.
SHARED SERVICES IMPACT
This item does not impact the shared services agreement between GLWA and DWSD.