735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Minutes - Final  
Audit Committee  
Friday, November 18, 2022  
8:00 AM  
Zoom Telephonic Meeting  
1. Call To Order  
Chairperson Baker called the meeting to order at 8:04 a.m.  
2. Roll Call  
Present:  
2 - Chairperson Brian Baker, and Director Gary Brown  
1 - Jaye Quadrozzi  
Excused:  
3. Approval of Agenda  
Nicolette Bateson, Chief Financial Officer/Treasurer, requested to move Item 8F.  
(Quarterly Investment Report - Unaudited) after 6A. (FY 2022 Yearend Financial  
Audit Update).  
Chairperson Baker requested a Motion to Approve the Agenda as Amended.  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Approved as Amended  
The motion carried by a unanimous vote.  
4. Approval of Minutes  
Minutes of September 23, 2022  
2022-485  
A.  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 4A September 23, 2022 Audit Committee Meeting Minutes  
Chairperson Baker requested a Motion to Approve the September 23, 2022 Audit  
Committee Meeting Minutes.  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Approved  
The motion carried by a unanimous vote.  
5. Public Comment  
There were no public comments.  
6. Old Business  
2022-486  
A.  
FY 2022 Yearend Financial Audit Update  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 6A FY 2022 Annual Financial Audit Update Memo Oct 2022  
6A1 FY 2022 Annual Financial Audit Update_BT Timeline  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2022-540  
8.F.  
Quarterly Investment Report (Unaudited)  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8F1 Quarterly Investment Report Cover Memo_November 2022  
8F2 GLWA_Quarterly_Report_September 2022_Final  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
7. New Business  
2022-487  
A.  
Proposed Change Order No. 7  
Contract No. GLWA-CS-002  
Financial Advisor Services  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Recommended for Approval to the Board of Directors Workshop Meeting  
Agenda of December 14, 2022  
The motion carried by a unanimous vote.  
2022-534  
B.  
Proposed Calendar Year 2023 Audit Committee Meeting Dates  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 7B1 2023 Audit Committee Meeting Calendar  
7B2 Audit Committee Proposed 2023 Meeting Schedule Notice  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Approved  
The motion carried by a unanimous vote.  
8. Reports  
2022-535  
A.  
B.  
C.  
CFO Report  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8A1 CFO Report November 2022  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2022-536  
Monthly Financial Report for July 2022  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8B July 2022 Financial Report_Tagetik  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2022-537  
Monthly Financial Report for August 2022  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8C August 2022 Financial Report_Tagetik  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2022-538  
D.  
E.  
G.  
H.  
Business Inclusion and Diversity Program Update  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8D Business Inclusion and Diversity Program Update  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2022-539  
Charges Outreach & Modeling Update  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8E Charges Outreach and Modeling Update  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2022-541  
Affordability & Assistance Update  
Nicolette Bateson  
Sponsors:  
Indexes:  
Finance  
Attachments: 8G1 Affordability and Assistance Update  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2022-542  
Semiannual Debt Report  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8H Semiannual Debt Report as of 6.30.2022  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
9. Communications  
2022-543  
A.  
The Procurement Pipeline for October 2022  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 9A Procurement Pipeline for October 2022  
No Action Taken  
2022-544  
B.  
The Procurement Pipeline for November 2022  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 9B The Procurement Pipeline for November 2022  
No Action Taken  
10. Look Ahead  
A Special Audit Committee Meeting has been scheduled for Friday, December 9, 2022 at 8:00 a.m.  
The next regular Audit Committee Meeting is scheduled for Friday, December 16, 2022 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: Brian Baker  
Action: Approved  
The motion carried by a unanimous vote.  
There being no further business, the meeting was adjourned at 9:18 a.m.