REGULAR MEETING

BOARD OF DIRECTORS

MONTECITO WATER DISTRICT

583 San Ysidro Road, Montecito, California

TUESDAY, February 17, 2009

2:00 P.M.

AGENDA

1. CALL TO ORDER, ROLL CALL, DETERMINATION OF QUORUM

2. PUBLIC FORUM

(This portion of the agenda may be utilized by any member of the public to address and ask questions of the Board of Directors on any matter not on the agenda within the jurisdiction of the Montecito Water District. Depending upon the subject matter, the Board of Directors may be unable to respond at this time, or until the specific item is placed on the agenda at a future MWD Board meeting in accordance with the Ralph M. Brown Act.)

3. CONSENT CALENDAR

Following items are to be approved or accepted by vote on one motion unless a Board member requests separate consideration:

A. Minutes of January 20, 2009

B. Payment of Bills for January 2009

C. Investment of District Funds

4. LEGAL MATTERS

A. Recent and Pending Legal Matters REview – Oral Report

B. Closed Session – Pursuant to Government Code Section 54956.9(a), Existing Litigation, Montecito Water District Et Al vs. Penfield & Smith Engineers et al; Santa Barbara Superior Court Case Number 1303752

C. Closed Session – Pursuant to government Code Section 54956.9(a), Existing Litigation, Protect our Village vs. John Price, Olive Oil and Gas LLP, and Montecito Water District; Santa Barbara Superior Court Case Number 1304740

D. Draft MWD Letter to Santa Barbara County Board of Supervisors REgarding Quagga Mussel Prevention at Lake Cachuma

E. District Legal Costs

5. Board of Directors

A. Resolution No. 2053 — Directors’ Compensation

6. district Operations Report

A. juncal dam – expanded deflection study report and division of safety of dams inspection

B. Water Works Operations Report, January 2009

7. GENERAL MANAGER’S REPORT

A. Monthly Operations Report (Oral)

8. District Business Report

A. 2^nd Quarterly Investment Report as of December 31, 2008

B. 2^nd Quarterly Budget Report as of December 31, 2008

C. Water Sales Report for January 2009

D. December 2008 Revenue and Expense Report

E. Annual 1996 CCWA Bonds Continuing Disclosure

F. Annual 1998 Series A Bonds Continuing Disclosure

G. Annual 2004 COMB BONDS Continuing Disclosure

H. CALIFORNIA OFFICE OF EMERGENCY SERVICES CLAIM FOR COSTS ASSOCIATED WITH THE TEA FIRE IN NOVEMBER 2008

9. DIRECTOR, COMMITTEE AND STAFF MEETING REPORTS

A. PUBLIC INFORMATION COMMITTEE

B. OPERATIONS COMMITTEE

C. FINANCE COMMITTEE

D. Ad Hoc Water Supply Committee

10. AGENDA ITEM REQUESTS

Requests from Directors for items other than regular agenda items for the next regular Board meeting scheduled for March 17, 2009.

11. ADJOURNMENT

Note: This agenda was posted at the Montecito Water District front counter and outside display case at 5:00 p.m. on February 13, 2009. The Americans with Disabilities Act provides that no qualified individual with a disability shall be excluded from participation in, or denied the benefits of, the District’s programs, services or activities because of any disability. If you need special assistance to participate in this meeting, please contact the District Office at 805-969-2271. Notification at least twenty-four (24) hours prior to the meeting will enable the District to make appropriate arrangements.

Materials related to an item on this agenda submitted to the Board after distribution of the agenda packet are available for public inspection in the Montecito Water District offices located at 583 San Ysidro Road, Montecito, during normal business hours.

*Supporting documents for agenda items are available at the District front counter during normal business hours.