735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Minutes - Final  
Audit Committee  
Friday, March 22, 2024  
8:00 AM  
Zoom Telephonic Meeting  
1. Call To Order  
Acting Chairperson Brown called the meeting to order at 8:07 a.m.  
2. Quorum Call  
2 - Director Gary Brown, and Director Jaye Quadrozzi  
1 - Chairperson Brian Baker  
Present:  
Excused:  
3. Approval of Agenda  
Acting Chairperson Brown requested a Motion to Approve the Agenda.  
Motion By: Jaye Quadrozzi  
Support: Gary Brown  
Action: Approved  
The motion carried unanimously.  
4. Approval of Minutes  
2024-136  
A.  
Minutes of February 26, 2024  
Nicolette Bateson  
Sponsors:  
Finance  
Indexes:  
Attachments: 4A Minutes - February 26, 2024 Audit Committee Meeting.pdf  
Acting Chairperson Brown requested a Motion to Approve the February 26, 2024  
Audit Committee Meeting Minutes.  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Approved  
The motion carried by a unanimous vote.  
5. Public Comment  
6. Old Business  
There were no public comments.  
None  
7. New Business  
2024-111  
A.  
Resolution to Adopt the City of Detroit Water and Sewerage  
Department (DWSD) Sewer System Rehabilitations - FY 2025 Clean  
Water State Revolving Fund (CWSRF) Project Plan  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 7A1 AC Memo - Approval of DWSD FY2025 CWSRF Project Plan.pdf  
7A3 Resolution to Adopt the DWSD FY2025 CWSRF Project  
Plan.docx  
7A4 DWSD - FY2025 CWSRF Project Plan Summary and  
Resolution.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Recommended for Approval to the Board of Directors  
Agenda of April 24, 2024  
The motion carried by a unanimous vote.  
2024-117  
B.  
Resolution to Adopt the Great Lakes Water Authority Project Plans  
for Fiscal Year (FY) 2025 Clean Water State Revolving Fund  
(CWSRF) Funding Consideration  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 7B2a Attachment 1 - Tables.pdf  
7B3 Resolution to Adopt GLWA FY 2025 CWSRF Project Plans.docx  
7B4a FY2025 CWSRF Project Plan Summary - CSO Outfall Rehab  
(CIP 260510).pdf  
7B4b FY2025 CWSRF Project Plan Summary - Oakwood Leib CSO  
(CIP 270004).pdf  
7B4c FY2025 CWSRF Project Plan Summary - 7 Mile Rehab (CIP  
260206).pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Recommended for Approval to the Board of Directors  
Agenda of April 24, 2024  
The motion carried by a unanimous vote.  
2024-118  
C.  
Resolution Regarding Approval of Series Ordinance Authorizing  
Issuance and Sale of Water Supply System Revenue Refunding  
Bonds in a Principal Amount Not to Exceed $500,000,000  
(Ordinance 2024-02)  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments:  
7C1 Audit Committee Memo- Water Revenue Refunding Series  
Ordinance.pdf  
7C3 Series Ordinance (2024 Water Refunding).docx  
7C4 Resolution Approving 2024 Water Series Ordinance  
(Refunding).docx  
7C5 GLWA Audit Committee Financing Update March 2024 vF1  
7C6 GLWA Audit Committee DSRF Considerations March 2024 v1  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Recommended for Approval to the Board of Directors  
Agenda of April 24, 2024  
The motion carried by a unanimous vote.  
2024-119  
D.  
Resolution Regarding Approval of Series Ordinance Authorizing  
Issuance and Sale of Sewage Disposal System Revenue Refunding  
Bonds in a Principal Amount Not to Exceed $500,000,000  
(Ordinance 2024-03)  
Nicolette Bateson  
Board of Directors  
Sponsors:  
Indexes:  
Attachments:  
7D1 Audit Committee Memo- Sewer Revenue Refunding Series  
Ordinance.pdf  
7D3 Series Ordinance (2024 Sewer Refunding).docx  
7D4 Resolution Approving 2024 Sewer Series Ordinance  
(Refunding).docx  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Recommended for Approval to the Board of Directors  
Agenda of April 24, 2024  
The motion carried by a unanimous vote.  
Placeholder-Water Residential Assistance Program (WRAP) Service  
Delivery Partner Funding Authorization for FY 2025  
2024-120  
E.  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments:  
2024-120 Water Residential Assistance Program SDP Funding  
Auth_Attachment 1  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Recommended for Approval to the Board of Directors  
Agenda of April 24, 2024  
The motion carried by a unanimous vote.  
2024-122  
F.  
Presentation: 2024 Municipal Market Outlook and GLWA Debt  
Management Considerations  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 7F1 AC Memo - Municipal Bond Market Update.pdf  
7F2 GLWA Audit Committee Financing Update March 2024 vF1.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2024-123  
G.  
Presentation: Debt Service Reserve Fund Background and  
Considerations  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments:  
7G1 AC Memo - Debt Service Reserve Fund Background and  
Considerations Update.pdf  
7G2 GLWA Audit Committee DSRF Considerations March 2024  
v1.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
8. Reports  
2024-129  
A.  
CFO Report  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8A1 CFO Report March 2024.pdf  
8A2 FY-2025-Budget-Charges-Communications-Toolkit-3.4.2024.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2024-130  
B.  
Monthly Financial Report for December 2023  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8B December 2023 Financial Report.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2024-131  
C.  
Annual Procurement Report for the year ending June 30, 2023  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments:  
8C1 Annual Procurement Report FY 2023 with Invoice Spend  
1.12.2024 (V2).pdf  
8C2 Combined Appendix A-B-C-D FY 2023 Procurment Report.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2024-079  
D.  
Affordability & Assistance Update  
Nicolette Bateson  
Sponsors:  
Indexes:  
Finance  
Attachments: 8D Affordability & Assistance Update-March.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2024-132  
E.  
Gifts, Grants & Other Resources Report  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8E Grants Gifts and Other Resources Report.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2024-133  
F.  
Quarterly Investment Report  
Nicolette Bateson  
Sponsors:  
Indexes:  
Finance  
Attachments: 8F1 Quarterly Investment Report Cover Memo_March 2024.pdf  
8F2 GLWA_Quarterly Investment_Report_December  
2023_v3.19.2024.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2024-134  
G.  
Quarterly Construction Work in Progress Report through December 31,  
2023  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8G Quarterly CWIP Report FY 2024 Q2.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
9. Communications  
2024-135  
A.  
The Procurement Pipeline for March 2024  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 9A The Procurement Pipeline for March 2024.pdf  
No Action Taken  
2024-081  
B.  
Pollutant Surcharge Management Portal Launch  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 9B1 Pollutant Surcharge Mgmt Portal Launch.pdf  
9B2 Feb 2024 Pollutant Surcharge Process Improvement Project_AC  
version.pdf  
No Action Taken  
10. Look Ahead  
A. Next Audit Committee Meeting:  
April 26, 2024 at 8:00 a.m.  
11. Other Matters  
There were no other matters.  
12. Adjournment  
Acting Chairperson Brown requested a Motion to Adjourn.  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Approved  
The motion carried by a unanimous vote.  
There being no further business, the meeting was adjourned at 9:48 a.m.