2019-02-26ENCINITAS RANCH GOLF AUTHORITY
REGULAR MEETING MINUTES
Encinitas Ranch Golf Course Clubhouse,
ENCINITAS 1275 Quail Gardens Drive, Encinitas, CA
.NCH TUESDAY, FEBRUARY 26, 2019 at 4:30 p.m.
CALL TO ORDER/ROLL CALL
Chair Houk called the meeting to order at 4:34 P.M.
Directors Present: Chair Richard Houk, Vice -Chair Cindy Jacob, Karen Brust (City
Manager), Jennifer Campbell (Director of Parks and Recreation), Ed
Wimmer (City Engineer)
Absent: None
Also Present: John McNair, Erik Johnson and Kent Graff (JC Resorts); Kathy
Hollywood (Board Secretary) and Teresa McBroor-he (Director of
Finance /City Treasurer), City of Encinitas; Dick Stern, Encinitas
Ranch HOA; Chris Calkins, Carltas
ORAL COMMUNICATION
There were no.oral communications.
AGENDIZED BUSINESS ITEMS
1. Approval of the minutes of the January 22, 2018, Regular Meeting. Contact
Person: Board Secretary Kathy Hollywood
RECOMMENDED ACTION. Approve the minutes.
BOARD ACTION:
Campbell moved, Jacob seconded to approve the minutes as presented.
Motion carried. Ayes: Brust, Campbell, Houk, Jacob, Wimmer. Nays: None.
Absent: None. Abstain: None.
2. Review of ERGA Financial Summary of Revenues, Expenditures, and Capital
Reserves for January 2019. Contact Person: JC Resorts, Erik Johnson
RECOMMENDED ACTION. Receive the report.
Mr. Johnson and Mr. McNair reviewed the Financial Summary of Revenues,
Expenditures. and Capital Reserves for January 2019 and responded to questions
from the Board.
There was Board Consensus to receive the report.
3. Review of the 2019 meeting schedule and consideration of canceling the following
2019 Regular ERGA Board meetings: March 26 due to the Mayor's State of the
City Address, July 23 for annual summer recess, and November 26 and December
24 due to the holidays.
RECOMMENDED ACTION: Review and discuss the 2019 meeting schedule,
approve canceling the March 26, July 23, November 26 and December 24
meetings and any other meetings identified by the Board, and consider a Special
Meeting date for December 2019.
There was Board Consensus to approve canceling the March 26, July 23,
November 26 and December 24 meetings and to add December 3 as a Special
Meeting.
4. Encinitas Ranch Golf Authority Annual Financial Report for the Fiscal Year Ended
June 30, 2017. Contact Person: Director of- Finance /City Treasurer McBroome
RECOMMENDED ACTION: Accept and file the Fiscal Year Ended June 30, 2017
Annual Financial Report.
Director of Finance McBroome presented the Annual Financial Report for Fiscal
Year Ended June 30, 2017.
BOARD ACTION:
Wimmer moved, Campbell seconded to accept and fl le the Fiscal Year Ended
June 30, 2017 Annual Financial Report. Motion carried. Ayes:, Brust,
Campbell, Houk, Jacob, Wimmer. Nays: None. Absent: None. Abstain: None.
5. Encinitas Ranch Golf Authority Annual Financial Report for the Fiscal Year Ended
June 30, 2018. Contact Person: Director of Finance /City Treasurer McBroome
RECOMMENDED ACTION: Accept and file the Fiscal Year Ended June 30, 2018
Annual Financial Report.
Director of Finance McBroome presented the Annual Financial Report for the Fiscal
Year Ended June 30, 2018.
BOARD ACTION:
Wimmer moved, Jacob seconded to accept and file the Fiscal Year Ended
June 30, 2018 Annual Financial Report. Motion carried. Ayes: Brust,
Campbell, Houk, Jacob. Nays: None. Absent: None. Abstain: None.
6. Report on incidents and accidents. Contact Person: JC Resorts, Erik Johnson
RECOMMENDED ACTION. Receive the oral report.
Mr. Johnson stated there were no incidents or accidents to report.
REPORTS FROM DIRECTORS AND /OR MANAGER REPORTS
Chair Stern presented an update on the HOA Recycled Water Project and stated that the
estimated completion date was the end of March 2019.
Director of Finance McBroome stated that the Standard and Poors (S &P) Global Rating
was upgraded from A- to A for the CFD #1 Special Tax Refunding Bonds.
Mr. McNair and Mr. Johnson stated that they were sponsoring a putting course tournament
for all ages to promote the putting course.
ADJOURNMENT
Chair Houk adjourned the meeting at 5:02 P.M.
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Kathy Hol ywood, Board Secretary
Richard Houk, Chair