Board Meeting Notice
Board Meeting Minutes

Finance Meeting Notice
Finance Meeting Minutes
Public Benefits Meeting Notice
Public Benefits Meeting Minutes
Magnolia Coordinating Meeting Notice
Magnolia Coordinating Meeting Minutes

NOTICE IS HEREBY GIVEN by the undersigned, as the Executive Director of the Southern California Public Power Authority that a regular meeting of the Finance Committee is to be held as follows:

Date:

February 6, 2012

Time:

10:30 a.m.

Place:

Southern California Public Power Authority
225 S. Lake Avenue, Suite 1250
Pasadena, California
(626) 793-9364

The following matters are the business to be transacted and considered by the Committee.

1. Investment Report
   
   The Committee will review the Investment Reports for the month and quarter ended December 31, 2011. The Committee will recommend forwarding the reports to the Board for receipt and filing.
   
   
2. Project Budget Comparison Reports
   
   The Committee will be asked to review and forward to the Board the quarterly Project Budget Comparison Reports for the quarter ended September 30, 2011.
   
   
3. Magnolia Series 2009-1 and 2009-2 Bonds
   
   Public Financial Management (PFM) will update the Committee on the closing of the liquidity facility replacements.
   
   
4. STS Series 2002-A Bonds
   
   PFM will discuss the progress on the refunding of STS 2002-A bond issue. The Committee will consider forwarding to the Board two resolutions approving a) the issuance of the refunding bonds, the related legal documents and the Preliminary Official Statement and b) the Continuing Disclosure Resolution relating to such bonds.
   
   
5. Constant Maturity Swaps
   
   The Committee will review current valuations and opportunity to terminate both STS and Mead-Adelanto Constant Maturity Swaps.
   
   
   
6. Market and VRDO Update
   
   The Committee will receive a market and VRDO status report from PFM.
   
   
7. Unsolicited Proposals
   
   The Committee will review unsolicited proposals that have been received from investment bankers. The Committee may take action with respect to such proposals.
   
   
8. Underwriter RFP
   
   The Committee will discuss the responses received from the SCPPA Underwriter RFP.
   
   
9. Closed Session
   

   Potential Litigation: The Committee will meet with legal counsel regarding significant exposure to litigation pursuant to subdivision (b) of Section 54956.9 of the California Government Code (two potential cases).

   Potential Litigation: Conference with legal counsel regarding the potential initiation of litigation pursuant to subdivision (c) of Section 54956.9 of the California Government Code (one potential case).