735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Minutes - Final  
Audit Committee  
Friday, October 24, 2025  
8:00 AM  
Zoom Telephonic Meeting  
1. Call To Order  
Acting Chairperson Brown 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:  
Note: Chairperson Baker joined the meeting in progress at 8:03 a.m. at the  
beginning of item 6A. Annual Financial Audit Update.  
3. Approval of Agenda  
Acting Chairperson Brown requested a Motion to Approve the Agenda.  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Approved  
The motion carried by a unanimous vote.  
4. Approval of Minutes  
2025-326  
A.  
Minutes of September 26, 2025  
Nicolette Bateson  
Sponsors:  
Finance  
Indexes:  
Attachments: 4A Minutes - September 26, 2025 Audit Committee Meeting.pdf  
Acting Chairperson Brown requested a Motion to Approve the September 26,  
2025 Audit Committee Meeting Minutes.  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Approved  
The motion carried by a unanimous vote.  
5. Public Comment  
There were no public comments.  
6. Old Business  
2025-342  
A.  
Annual Financial Audit Update  
Nicolette Bateson  
Sponsors:  
Finance  
Indexes:  
Attachments: 6A1 FY 2025 Annual Financial Audit Update.pdf  
6A2 FY 2025 Annual Financial Audit BT Timeline.pdf  
Nicolette Bateson, Chief Financial Officer/Treasurer, requested to schedule a  
Special Audit Committee Meeting on December 3, or December 5, 2025 for the  
Audit Committee to review the Annual Financial Audit Reports.  
A Special Audit Committee Meeting has been scheduled for Wednesday,  
December 3, 2025, at 8:00 a.m.  
Acting Chairperson Brown requested a Motion to Receive and File the Annual  
Financial Audit Update.  
Motion By: Jaye Quadrozzi  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2025-343  
B.  
Arbitrage Rebate Liability for the Regional System  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 6B1 AC Memo - Arbitrage Liability Update.pdf  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
7. New Business  
2025-338  
A.  
Resolution for Approval of Series Ordinance Authorizing Issuance  
and Sale of Sewage Disposal System Revenue Bonds in an  
Aggregate Amount Not to Exceed $115,427,477 (Ordinance 2025-05)  
for FY 2026 Clean Water State Revolving Fund Project  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments:  
7A1 AC Memo - Approval of Series Ordinance 2026-SRF-1 GLWA  
SFE Pump Station (CIP 216008 SRF 5839-01)).pdf  
7A2a Attachment 1 - Table 1.pdf  
7A2b Attachment 2 - Table 1.pdf  
7A3 Series Ordinance 2026-SRF-1 GLWA SFE Pump Station (CIP  
216008 SRF 5839-01).docx  
7A4 Resolution Approving 2026-SRF-1 GLWA SFE Pump Station  
(CIP 216008 SRF 5839-01).docx  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Recommended for Approval to the Board of Directors Workshop Meeting  
Agenda of November 20, 2025  
The motion carried by a unanimous vote.  
2025-344  
B.  
Government Finance Officers Association (GFOA) Distinguished Budget  
Presentation Award  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 7B Memo GFOA Distinguished Budget Presentation Award.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2025-345  
C.  
Proposed Calendar Year 2026 Audit Committee Meeting Dates  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 7C1 2026 Audit Committee Meeting Calendar.pdf  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
8. Reports  
2025-346  
A.  
B.  
C.  
D.  
CFO Report  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8A1 CFO Report October 2025.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2025-354  
FY 2025 Preliminary Financial Report (Unaudited)  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8B1 FY 2025 Preliminary Financial Report (Unaudited) 10.24.2025.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2025-347  
Gifts, Grants & Other Resources Report through September 30, 2025  
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.  
2025-348  
Affordability & Assistance Update  
Nicolette Bateson  
Sponsors:  
Indexes:  
Finance  
Attachments: 8D1 WRAP Program Review-Affordability & Assistance Update.pdf  
8D2 WRAP Program Review.pdf  
8D3 WRAP Program Review - UWSEM OpEd - The Detroit News.pdf  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2025-349  
E.  
Semiannual Debt Report as of September 30, 2025  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8E Semiannual Debt Report - Cover Memo.pdf  
8E1 Semiannual Debt Report as of 9.30.2025.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2025-350  
F.  
FY 2025 Quarterly Construction Work in Progress Report through June 30,  
2025  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8F1 Quarterly CWIP Report FY 2025 Q4 - Cover Memo.pdf  
8F2 Quarterly CWIP Report FY 2025 Q4.pdf  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2025-351  
G.  
Charges Outreach & Modeling Update  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8G1 Charges Outreach and Modeling Update - 10-24-2025.pdf  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2025-352  
H.  
Annual Conflict of Interest  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8H Annual Conflict of Interest.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
9. Communications  
2025-353  
A.  
The Procurement Pipeline for October 2025  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 9A October 2025 Procurement Pipeline.pdf  
No Action Taken  
10. Look Ahead  
A. Next Audit Committee Meeting: November 21, 2025, at 8:00 a.m.  
11. Other Matters  
There were no other matters.  
12. Adjournment  
Chairperson Baker 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 9:25 a.m.