735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Minutes - Final  
Audit Committee  
Thursday, November 9, 2023  
8:00 AM  
Zoom Telephonic Meeting  
Join Zoom Meeting:  
https://glwater.zoom.us/j/82993934643?  
pwd=OWcvWDkwd2dXa0JxdkVPQWVGbGViUT09  
Join By Telephone  
US Toll-Free:  
888 788 0099; or 877 853 5247  
Meeting ID: 829 9393 4643  
Passcode: 488727  
1. Call To Order  
Chairperson Baker called the meeting to order at 8:02 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.  
Nicolette Bateson, Chief Financial Officer/Treasurer, indicated the CFO Report  
would be given verbally.  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Approved  
The motion carried by a unanimous vote.  
4. Approval of Minutes  
2023-392  
A.  
Approval of Minutes - September 22, 2023  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 4A Minutes - September 22, 2023 Audit Committee Meeting  
Chairperson Baker requested a Motion to Approve the September 22, 2023 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.  
2023-396  
A.  
Annual Financial Audit Update  
Nicolette Bateson  
Sponsors:  
Finance  
Indexes:  
Attachments: 6A1 FY 2023 Annual Financial Audit Update  
6A1.1 FY 2023 Annual Financial Audit BT Timeline Update - SS  
10.25.23  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2023-397  
B.  
General Retirement System Component II Annual Pension Report Update  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 6B GRS Component II Pension Report Update  
6B1 GRS Valuation Component II-Legacy Pension Final 6.30.2022  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
7. New Business  
2023-398  
A.  
Annual Report on Water System Max Day  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 7A MaxDay-PeakHourAnnualReport 2023  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2023-427  
B.  
Resolution Regarding Approval of Schedule of Member Partner Bad  
Debt Recovery Credits #2023-2 Totaling $20,026,500 With  
Conditions Precedent Utilizing the Highland Park Bad Debt  
Recovery Credits Methodology  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 7B2.1 Board Letter Attachment Bad Debt Recovery 2023-427  
7B3 Fully Executed Term Sheet by HP, GLWA, and SOM  
7B4 Draft HP Bad Debt Credit Calculations 102323  
7B5 CWW Resolution GLWA Highland Park 2023 with signature  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Referred to the Board of Directors Workshop Meeting for consideration  
Agenda of November 16, 2023  
The motion carried by a unanimous vote.  
8. Reports  
A. CFO Report (Verbal)  
Nicolette Bateson, Chief Financial Officer/Treasurer, provided a verbal  
update on the implementation of Workday, training programs, and bond  
transactions.  
2023-400  
B.  
Monthly Financial Report for June 2023 (unaudited)  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8B June 2023 Financial Report  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2023-401  
C.  
Business Inclusion and Diversity Program Update  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8C Business Inclusion and Diversity Program Update  
8C1 REVISED B.I.D. Program Update September 2023  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2023-406  
D.  
E.  
F.  
Charges Outreach & Modeling Update  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8D Charges Outreach and Modeling Update - 10-27-2023  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2023-402  
Affordability & Assistance Update  
Nicolette Bateson  
Sponsors:  
Indexes:  
Finance  
Attachments: 8E1 Affordability and Assistance Update  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2023-403  
Gifts, Grants & Other Resources Report  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8F Grants Gifts and Other Resources Report  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2023-404  
G.  
Qualified Financial Institution Review  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments:  
8G Qualified Financial Institutions Memo for Audit Committee  
Package  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
9. Communications  
2023-405  
A.  
The Procurement Pipeline for October 2023  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 9A The Procurement Pipeline for October 2023  
No Action Taken.  
2023-399  
B.  
Canceled Meeting Binder from October 27, 2023  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 9B1 Cover Memo-Canceled Meeting Binder from October 27, 2023  
9B2 Canceled Meeting Binder from October 27, 2023  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
10. Look Ahead  
The next Audit Committee Meeting is scheduled for Friday, November 17, 2023 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 9:31 a.m.