735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Minutes - Final  
Audit Committee  
Monday, February 26, 2024  
8:00 AM  
Zoom Telephonic Meeting  
1. Call To Order  
Chairperson Baker 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:  
3. Approval of Agenda  
Nicolette Bateson, Chief Financial Officer/Treasurer, requested to Amend the  
Agenda to combine item 8.G. (Quarterly WRAP Report) and Item 8.H. (Quarterly  
WRAP Report through June 30, 2023) as Item 8.G., WRAP Verbal Update.  
Chairperson Baker requested a Motion to Approve the Agenda as Amended.  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Approved as Amended  
The motion carried by a unanimous vote.  
4. Approval of Minutes  
2024-071  
A.  
Minutes of February 9, 2024  
Nicolette Bateson  
Sponsors:  
Finance  
Indexes:  
Attachments: 4A Minutes - February 9, 2024 Audit Committee Special Meeting  
Chairperson Baker requested a Motion to Approve the February 9, 2024 Audit  
Committee Meeting Minutes.  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Approved  
The motion carried by a unanimous vote.  
5. Public Comment  
There were no public comments.  
6. Old Business  
7. New Business  
None  
2024-070  
A.  
Proposed Appointment of 2024 Bond Transaction Syndicate and  
Advisors and Related Fees  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 7A1 Proposed 2024 Bond Transaction Syndicate and Advisors  
7A3 Underwriting Syndicate Memo for GLWA_2-6-2024vF2  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Recommended for Approval to the Board of Directors  
Agenda of February 28, 2024  
The motion carried by a unanimous vote.  
8. Reports  
2024-073  
A.  
CFO Report  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8A1 CFO Report February 2024  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2024-074  
B.  
Monthly Financial Report for November 2023  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8B November 2023 Financial Report  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2024-075  
C.  
D.  
E.  
F.  
Affordability & Assistance Update  
Nicolette Bateson  
Sponsors:  
Finance  
Indexes:  
Attachments: 8C Affordability & Assistance Update 2.23.2024  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2024-076  
Gifts, Grants & Other Resources Report  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8D 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.  
2024-077  
Annual Conflict of Interest & Disclosure Update  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8E Annual Conflict of Interest & Disclosure Update  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2024-078  
GLWA 2023 Vendor Outreach Event - Post Event Report  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8F GLWA Vendor Outreach Event - Post Event Report  
8F1 Vendor Outreach Event Final Report PowerPoint  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2024-080  
G.  
Water Residential Assistance Program - Income Based Plan Review as of  
December 31, 2023 - Verbal Update  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Nicolette Bateson, Chief Financial Officer/Treasurer, provided a verbal update on  
the Water Residential Assistance Program - Income Based Plan Review.  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and File  
The motion carried by a unanimous vote.  
9. Communications  
2024-082  
A.  
The Procurement Pipeline for February 2024  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 9A The Procurement Pipeline for February 2024  
No Action Taken  
10. Look Ahead  
The next Audit Committee Meeting is scheduled for Friday, March 22, 2024 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 By: Jaye Quadrozzi  
Action: Approved  
The motion carried by a unanimous vote.  
There being no turther business, the meeting was adjourned at 9:06 a.m.