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Meeting No. 5 Friday_ February 12_ 2010

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Meeting No. 5 Friday_ February 12_ 2010 Powered By Docstoc
					                Board of Directors Minutes, February 12, 2010, Meeting No. 5
                                             Michael Day, President and Co-Founder
www.calboc.org                                  Anton Jungherr, Executive Director and Co-Founder
121 Ash Court, Hercules, CA 94547
510.799.1141 phone, 510.799.2124 fax, 510.697.7212 cell, anton.jungherr@calboc.org




                                        Minutes
                                   Board of Directors
                                     Meeting No. 5
                   California League of Bond Oversight Committees
                        Friday, February 12, 2010, 12 PM Noon
                      Sacramento Metro Chamber of Commerce
                         1 Capital Mall, Sacramento, CA 95814


Call to Order – Michael Day at 12:13 PM

Roll Call – Michael Day
    Bob Blymyer, present
    Michael Day, present
    Karl W. Dolk, present via telephone (left at 1:09 PM)
    David Ginsborg, present via telephone (left 2:04 PM)
    Anton Jungherr, present
    John W. Stump, present via telephone
    Michael Turnipseed, present (left at 1:29 PM)
    David Wolfe, present
Also present: Jeff Gananian (attorney in the matter of Gananian vs. LHPUSD
which is on the agenda) and Katie Salvador (Assistant to Mr. Jungherr)




Document1.                                              Page 1 of 4
                Board of Directors Minutes, February 12, 2010, Meeting No. 5
                                             Michael Day, President and Co-Founder
www.calboc.org                                  Anton Jungherr, Executive Director and Co-Founder
121 Ash Court, Hercules, CA 94547
510.799.1141 phone, 510.799.2124 fax, 510.697.7212 cell, anton.jungherr@calboc.org


Approval of Agenda – Michael Day, approved by consensus with the Performance
Audit Legislation agenda item moved after Elections of Directors.

Approval of Minutes, November 13, 2009 and December 1, 2009 - Anton
Jungherr, approved by consensus.

Acknowledgement of Resignation of Leon Brauning as Vice President and Board
Member per his letter dated December 2, 2009 – Anton Jungherr

Election of Vice President –Michael Turnipseed elected by consensus, except Mr.
Turnipseed absentee.

Amend Bylaws Article 3, Section 1 to increase the number of Directors from seven
(7) to nine (9) – Anton Jungherr, approved by consensus.

Election of Directors – Michael Day, elected by consensus.
    Karl W. Dolk
    John W. Stump III

Gananian vs. LHPUSD, Beard; San Mateo Superior Court Case No. CIV 482 675 and
Gananian vs. LHPUSD, Beard; San Mateo Superior court Case No. CIV 490 533
Jeffery S. Gananian, Esq., lead a discussion on these law suits. No action was
taken.




Document1.                                              Page 2 of 4
                Board of Directors Minutes, February 12, 2010, Meeting No. 5
                                             Michael Day, President and Co-Founder
www.calboc.org                                  Anton Jungherr, Executive Director and Co-Founder
121 Ash Court, Hercules, CA 94547
510.799.1141 phone, 510.799.2124 fax, 510.697.7212 cell, anton.jungherr@calboc.org



Performance Audit Legislation –David Wolfe and Michael Day

It was proposed by David Wolfe and Michael Day that CALBOC and the Howard
Jarvis Taxpayers Association co-sponsor a bill to amend the Education Code to
define a Proposition 39 Performance Audit. Said audit would require:

    Conform to Generally Accepted Government Auditing Standards (GAGAS)
     for a performance audit.
    Attestation agreements are not allowed as a substitute for a performance
     audit.
    An “unmodified GAGAS compliance statement” must be included every
     time in accordance with GAGAS Section 8.30.

The above was agreed to by consensus.

Note: Subsequent to this meeting, Senator Wyland introduced Senate bill 1473 to
accomplish this purpose.

Letter to California Board of Accountancy (CBA) in Regards Performance Audit,
November 13, 2009, Follow Up– Anton Jungherr reported that the CBA had
acknowledged receipt of four of our complaints and stated no further action
would be taken (Matson and Isom, Perry-Smith LLP, Vicenti Lloyd & Stutzman LLP
and Patel).

Note: Subsequent to the meeting, CBA letter dated February 22, 2010 stated that
Kay Lewis will “handle” our complaint against Nigro, Nigro & White. As of May 8,
2010 we have received no additional information from CBA.


Document1.                                              Page 3 of 4
                Board of Directors Minutes, February 12, 2010, Meeting No. 5
                                             Michael Day, President and Co-Founder
www.calboc.org                                  Anton Jungherr, Executive Director and Co-Founder
121 Ash Court, Hercules, CA 94547
510.799.1141 phone, 510.799.2124 fax, 510.697.7212 cell, anton.jungherr@calboc.org
Application for Federal Subsidized Employment Training Program - Anton
Jungherr, it was agreed by consensus to apply for this program. (Note: we did
not receive this grant)

Next Meetings – Michael Day
   May 14, 2010 at 12 PM Noon (Annual Meeting)
   August 13, 2010 at 12 PM Noon
   November 12, 2010 at 12 PM Noon

Adjournment – Michael Day adjourned the meeting at 2:09 PM.

Prepared By



Anton Jungherr, Secretary

Note: Agenda backup documents are available in the files of the Executive
Director.


Date Approved By Board of Directors _____________________________

Distribution:
    Board Members
    Official Minute Book (CALBOC file 5-10)
    Agenda Package
    Executive Director’s Notebook (work copy), Tab 5, Volume 2)



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