735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Agenda  
Audit Committee  
Friday, October 25, 2024  
8:00 AM  
Zoom Telephonic Meeting  
Zoom Telephonic Meeting  
Join Zoom Meeting:  
https://glwater.zoom.us/j/82057837390?pwd=NFJUUXhhejZHajBLVktGUHNqL1dlUT09  
Join by Telephone  
US Toll-Free:  
877 853 5247; or 888 788 0099  
Meeting ID: 820 5783 7390  
Passcode: 144406  
1. Call To Order  
2. Quorum Call  
3. Approval of Agenda  
4. Approval of Minutes  
2024-360  
Minutes of September 27, 2024  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
4A Minutes - September 27, 2024 Audit Committee Meeting.pdf  
5. Public Comment  
6. Old Business  
2024-361  
Audit Update  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
6A1 FY 2024 Annual Financial Audit Update.pdf  
6A2 FY 2024 Annual Financial Audit BT Timeline 102024 Update.pdf  
7. New Business  
2024-355  
A.  
B.  
Resolution Authorizing Publication of Notice of Intent to Issue Water Supply  
System Revenue Bonds  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7A1 Notice of Intent to Issue Water Supply Revenue Bonds.pdf  
7A3 Resolution Regarding Publication of Notice of Intent to Issue Bonds Water 2  
2024-359  
Resolution Authorizing Publication of Notice of Intent to Issue Sewage  
Disposal System Revenue Bonds  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7B1 Notice of Intent to Issue Sewage Disposal System Revenue Bonds.pdf  
7B3 Resolution Regarding Publication of Notice of Intent to Issue Bonds Sewer  
2024-356  
Proposed Amendment to Debt Management Policy  
C.  
D.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7C1 Proposed Amendment to Debt Management Policy November 2024.pdf  
7C3 Debt Management Policy.pdf  
2024-358  
Proposed Fraud & Ethics Hotline Contract Amendment  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7D1 Fraud and Ethics Hotline Contract Renewal.pdf  
8. Reports  
2024-362  
CFO Report (verbal)  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
2024-364  
Monthly Financial Report for June 2024  
B.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8B June 2024 Financial Report.pdf  
2024-365  
Affordability & Assistance Update  
C.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8C Affordability & Assistance Update October.pdf  
2024-366  
Quarterly WRAP Report through June 30, 2024  
D.  
E.  
F.  
G.  
H.  
I.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8D WRAP Quarterly Report through June 30, 2024 Final.pdf  
2024-367  
Gifts, Grants & Other Resources Report  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8E Grants Gifts and Other Resources Report.pdf  
2024-368  
Semi-Annual Debt Report through September 30, 2024  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8F1 Semiannual Debt Report as of 9.30.2024.pdf  
2024-369  
Qualified Financial Institutions  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8G1 Public Cover Memo Qualified Financial Institution Review.pdf  
2024-370  
Quarterly Construction Work in Progress Report through June 30, 2024  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8H Quarterly CWIP Report FY 2024 Q4.pdf  
2024-371  
Charges Outreach & Modeling Update  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8I1 Charges Outreach and Modeling Update - 10-25-2024.pdf  
8I2 Charges 101 Series- RolloutOut#1 CIP_2024.pdf  
8I3 Draft 1 CIP Chapter 4 Finance.pdf  
2024-372  
Annual Conflict of Interest Reporting  
J.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8J Conflict of Interest memo.pdf  
9. Communications  
2024-373  
The Procurement Pipeline for October 2024  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
9A The Procurement Pipeline for October 2024.pdf  
10. Look Ahead  
A. Next Audit Committee Meeting: November 22, 2024, at 8:00 a.m.  
11. Other Matters  
12. Adjournment