Fort Bend Subsidence District Board of Directors met Jan. 24

Fort Bend Subsidence District Board of Directors met Jan. 24.

Here are the minutes provided by the board:

MEMBERS OF THE BOARD PRESENT: J.M. Dinges, John Dorman, Mark Gehringer, Linda Harnist, Camron Miller, Morris Mitchell, Allen Owen, C. Michael Scherer, Stan Steele, Jon Strange, Lawrence Vaccaro, William Wallace, and B. T. Williams.

MEMBERS OF THE BOARD ABSENT: Jay D. Anderson, Melony Gay, Richard Morrison, and Greg Wine.

STAFF PRESENT: Michael Turco, Ashley Greuter, Veronica Osegueda, Denise Ma, Vivian Jones, Lizz Giglio, and Noe Veldanez.

PRESIDING: B. T. Williams, Vice-Chairman.

A. CALL TO ORDER. Vice-Chairman Williams called the regular meeting of the Board Directors to order at 3:00 PM and noted the presence of a quorum.

B. PLEDGE OF ALLEGIANCE. The Pledge of Allegiance was recited.

C. ACCEPT COMMENTS FROM MEMBERS OF THE PUBLIC. Members of the public present were Christina Miller and Whitney Milberger with the North Fort Bend Water Authority, Charles Kalkomey with the City of Rosenberg, and Raizee Sotomayor with the City of Sugar Land. No comments were made.

D. APPROVAL OF THE MINUTES OF THE REGULAR BOARD MEETING, December 12, 2023. Mr. Strange moved that the minutes of the regular meeting be approved; it was seconded by Mr. Mitchell. Chairman Williams put the question and, after the vote, announced the motion carried unanimously.

E. HEARING EXAMINERS REPORT. Mr. Turco presented the Hearing Examiner's Report from the January 4, 2024, Hearing. Mr. Strange moved to approve the Hearing Examiner's Report from the January 4, 2024, Hearing; it was seconded by Mr. Gehringer. Chairman Wiilliams put the question and, after the vote, announced the motion carried unanimously.

F. EMERGENCY APPROVALS. Mr. Turco said emergency approvals were granted by the General Manager to Laurel Wendt and Andrew Vacek. Mr. Wallace moved to ratify the action taken by the General Manager in granting emergency approvals to Laurel Wendt and Andrew Vacek; it was seconded by Mr. Strange. Chairman Williams put the question and, after the vote, announced the motion carried unanimously.

G. RESOLUTION CERTIFYING THE INVESTMENT POLICY AND INVESTMENT STRATEGIES FOR THE FORT BEND SUBSIDENCE DISTRICT. Mr. Turco presented the resolution certifying the Investment Policy and Investment Strategies. Mr. Mitchell moved that the Resolution Certifying the Investment Policy and Investment Strategies be approved; it was seconded by Mr. Strange. Chairman Williams put the question and, after the vote announced the motion carried unanimously. (This resolution is of record in the Fort Bend Subsidence District being Resolution No. 24-476.)

H. BRIEFING FROM DISTRICT STAFF ON THE JOINT REGULATORY PLAN REVIEW. Mr. Turco updated the Board on the status of the Joint Regulatory Plan Review.

I. BRIEFING FROM DISTRICT STAFF ON THE MONTHLY FINANCIAL STATEMENT. Mr. Turco gave an overview of the monthly financial report.

J. GENERAL MANAGER'S REPORT. Mr. Turco updated the Board on pertinent operational and management issues that the District, its employees, or consultants have encountered since the last regular Board meeting.

K. CONSULTATION WITH THE GENERAL COUNSEL ON RECENT LITIGATION AND GROUDWATER ISSUES. Mr. Turco updated the Board on recent litigation and groundwater issues.

THERE BEING NO FURTHER BUSINESS TO COME BEFORE THE BOARD, THE MEETING WAS ADJOURNED.

https://fbsubsidence.org/wp-content/uploads/2024/03/1-24-2024-Minutes.pdf