735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Minutes - Final  
Audit Committee  
Friday, September 26, 2025  
8:00 AM  
Zoom Telephonic Meeting  
1. Call To Order  
Chairperson Baker called the meeting to order at 8:01 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 By: Gary Brown  
Action: Approved  
The motion carried by a unanimous vote.  
4. Approval of Minutes  
2025-262  
A
Minutes of August 22, 2025  
Nicolette Bateson  
Sponsors:  
Finance  
Indexes:  
Attachments: 4A Minutes - August 22, 2025 Audit Committee Meeting.pdf  
Chairperson Baker requested a Motion to Approve the Audit Committee Meeting  
Minutes of August 22, 2025.  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Approved  
The motion carried by a unanimous vote.  
5. Public Comment  
6. Old Business  
There were no public comments.  
None  
7. New Business  
2025-301  
A.  
Requisition No. REQ-0002876  
Investment Advisor  
Vendor: PFM Asset Management, a division of U.S Bancorp Asset  
Management, Inc.  
Status: New Contract/PO  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments:  
7A1 GLWA Audit Committee Memo Investment Advisor  
Appointment.pdf  
7A3 REQ-0002876A -Procurement Board Report.pdf  
7A4 Attachment 1.pdf  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Recommended for Approval to the Board of Directors  
Agenda of October 22, 2025  
The motion carried by a unanimous vote.  
8. Reports  
2025-314  
A
CFO Report  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8A1 CFO Report September 2025.pdf  
8A2 FY27 Charges Rollout Letter.pdf  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2025-315  
B
Grants, Gifts, and Other Resources Report Through August 31, 2025  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8B1 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.  
2025-316  
C
Max Day - Peak Hour Annual Report 2025  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8C Max Day - Peak Hour Annual Report 2025.pdf  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2025-317  
D
Qualified Financial Institutions  
Nicolette Bateson  
Sponsors:  
Indexes:  
Finance  
Attachments: 8D1 Memo Qualified Financial Institution Review.pdf  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
9. Communications  
2025-318  
A
The Procurement Pipeline for September 2025  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 9A The Procurement Pipeline for September 2025.pdf  
No Action Taken  
10. Look Ahead  
The next Audit Committee Meeting is scheduled for October 24, 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: Gary Brown  
Support: Jaye Quadrozzi  
Action: Approved  
The motion carried unanimously.  
There being no further business, the meeting was adjourned at 8:29 a.m.