735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Minutes - Final  
Audit Committee  
Friday, June 26, 2026  
8:00 AM  
Zoom Telephonic Meeting  
Join Zoom Meeting:  
https://glwater.zoom.us/j/87947160065?pwd=JKo5fT9E8tv4W0anXwwb5em5jpZbfw.1  
Join by Telephone  
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877 853 5247; or 888 788 0099  
Meeting ID: 879 4716 0065 Passcode: 504197  
1. Call To Order  
Chairperson Baker called the meeting to order at 8:00 a.m.  
2. Quorum Call  
3 - Chairperson Brian Baker, Director Gary Brown, and Director Jaye Quadrozzi  
Present:  
3. Approval of Agenda  
Chairperson Baker requested a Motion to Approve the Agenda.  
Motion By: Jaye Quadrozzi  
Support: Brian Baker  
Action: Approved  
The motion carried unanimously.  
4. Approval of Minutes  
2026-248  
A.  
Minutes of May 22, 2026  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 4A Minutes - May 22, 2026 Audit Committee Meeting.pdf  
Chairperson Baker requested a Motion to Approve the May 22, 2026 Audit  
Committee Meeting Minutes.  
Motion By: Jaye Quadrozzi  
Support By: Brian Baker  
Action: Approved  
The motion carried by a unanimous vote.  
5. Public Comment  
6. Old Business  
7. New Business  
8. Reports  
There were no public comments.  
None  
None  
2026-249  
A.  
B.  
C.  
CFO Report  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8A1 CFO Report June 2026.pdf  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2026-250  
Monthly Financial Report for March 2026  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8B March 2026 Monthly Financial Report.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2026-251  
Grants, Gifts, and Other Resources Report Through May 31, 2026  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8C1 Grants Gifts and Other Resources Report.pdf  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2026-252  
D.  
Water Funding Task Force Update as of June 19, 2026  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8D Water Funding Task Force Update.pdf  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2026-253  
E.  
FY 2026 Q3 Construction Work-in-Progress Report through March 31,  
2026 (Unaudited)  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8E1 Quarterly CWIP Report FY 2026 Q3 - Cover Memo.pdf  
8E2 Quarterly CWIP Report FY 2026 Q3.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2026-254  
F.  
FY 2026 Bond Transaction Update  
Nicolette Bateson  
Sponsors:  
Indexes:  
Finance  
Attachments: 8F1 Bond Transaction Presentation - Cover Memo.pdf  
8F2 2026 Ratings Agency Affirmation and Bond Sale Release  
6.2.2026.pdf  
8F3 GLWA Board Presentation 2026 Bond Deal.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2026-255  
G.  
City of Detroit Bond Rating Upgrade  
Nicolette Bateson  
Sponsors:  
Indexes:  
Finance  
Attachments: 8G1 City of Detroit Bond Rating Upgrade Memo.pdf  
8G2 Detroit Credit Rating Importance 2026.6.1.pdf  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
9. Communications  
2026-256  
A.  
The Procurement Pipeline June 2026  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 9A The June 2026 Procurement Pipeline.pdf  
No Action Taken - Informational Only  
10. Look Ahead  
A. Next Audit Committee Meeting: July 24, 2026 at 8:00 a.m.  
11. Other Matters  
There were no other matters.  
12. Adjournment  
Chairperson Baker requested a Motion to Adjourn.  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Approved  
The motion carried by a unanimous vote.  
There being no further business, the meeting was adjourned at 9:01 a.m.