BOARD AGENDA MEMORANDUM
Government Code § 84308 Applies: Yes ☐ No ☒
(If “YES” Complete Attachment A - Gov. Code § 84308)
SUBJECT: Title
*Consider Candidates for Vacant Director Positions on the Santa Clara Valley Water District Public Facilities Financing Corporation.
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RECOMMENDATION: Recommendation
A. Review the candidates from the July 2, 2024, Special Board Meeting;
*B. Appoint a candidate or candidates as a Director(s) to the Santa Clara Valley Water District Public Facilities Financing Corporation; and
*C. Adopt the Resolution FILLING THE VACANCIES ON THE PUBLIC FACILITIES FINANCING CORPORATION; or
D. Direct the Clerk of the Board to Schedule Interviews of Candidates.
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SUMMARY:
The Public Facilities Financing Corporation (PFFC) is a nonprofit public benefit corporation whose primary purpose is to provide assistance to the Santa Clara Valley Water District (Valley Water) in financing the acquisition, construction and improvement of public buildings, works and equipment for Valley Water, together with site development, landscaping, utilities, furnishings and appurtenance and related facilities.
The 5-member PFFC board are appointed by the Valley Water Board of Directors and performs any and all duties imposed by law, by the Corporations’ Articles of Incorporation (Attachment 1) or Bylaws (Attachment 2), or by resolution of the Board of Directors of Valley Water. PFFC directors meet at such times and places as required to conduct Corporation business, usually from one to three times, annually.
*The PFFC Board of Directors currently has two vacancies due to a resignation in December 2024 and August 2025. Prior to these vacancies, on July 2, 2024, at a special board meeting, the board conducted interviews of 4 candidates to fill one vacancy at that time and selected Christian Elias. The other 3 candidates are interested in filling the current two vacancies.
The Board may select from the current 3 candidates, direct the Clerk of the Board to schedule interviews with the 3 candidates or conduct outreach to obtain additional applicants to fill the vacancies.
ENVIRONMENTAL JUSTICE IMPACT:
There are no environmental justice impacts associated with filling this vacancy.
FINANCIAL IMPACT:
There is no financial impact associated with this item.
CEQA:
The recommended action does not constitute a project under CEQA because it does not have the potential for resulting in direct or reasonably foreseeable indirect physical change in the environment.
ATTACHMENTS:
*Original Board Agenda Memo
*Original Attachment 1: Articles of Incorporation
*Original Attachment 2: Bylaws
*Original Attachment 3: Candidate Resumes
*Original Attachment 4: Resolution
*Supplemental Board Agenda Memo
UNCLASSIFIED MANAGER: Manager
Candice Kwok-Smith, 408-630-3193