REGULAR MEETING

BOARD OF DIRECTORS

MONTECITO WATER DISTRICT

583 San Ysidro Road, Montecito, California

TUESDAY, February 19, 2008

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 15, 2008

B. Payment of Bills for January 2008

C. Investment of District Funds

D. Accounts Receivable Write-offs

4. Cachuma Matters

A. Cachuma Conservation and RElease Board meeting of January 28, 2008; Director Abel

B. CACHUMA OPERATION AND MAINTENANCE BOARD MEETING OF January 28, 2008; Director Abel

C. closed session pursuant to Government Code Section 54956.9(a)- Pending Litigation/Administrative Proceeding before SWRCB

5. LEGAL MATTERS

A. Recent and Pending Legal Matters REview – Oral Report

B. Directors Attending Standing Committee Meetings / Brown Act (Oral)

---------------------------------------------- Legal Counsel Departs----------------------------------------------

6. GENERAL MANAGER’S REPORT

A. Monthly Operations Report (Oral)

B. Water Supply Plan Update

C. Water Works Operation Report for January 2008

D. Cater Treatment Plant Joint Powers Agreement

7. Board of Directors

A. Appointment of representative to LAFCO Independent Special District Selection Committee meeting, February 25, 2008

8. Ortega Reservoir Project

A. ORTEGA RESERVOIR COVER – PROPERTY AND LIABILITY INSURANCE

B. RESERVOIR TOE DRAIN FLOW Report

C. ORTEGA RESERVOIR IMPROVMENT PROJECT - PUBLIC DEDICATION CEREMONY (Oral)

D. Project costs Summary

9. District Business Report

A. Water Sales Report for January 2008

B. December 2007 Revenue and Expense Report

C. Quarterly Financial Statements and Budget Report

D. Quarterly Investment Report

E. Annual 1996 CCWA Bonds Continuing Disclosure

F. Annual 1998 Series A Bonds Continuing Disclosure

G. Annual 2004 COMB BONDS Continuing Disclosure

H. LAIF Investments

I. 2008/09 Budget Schedule

10. DIRECTOR, COMMITTEE AND STAFF MEETING REPORTS

A. Special Districts Governance Seminar, February 7-8, 2008, Palm Springs; Directors Shaikewitz (day 1) & Morgan (day 2)

B. Central Coast Water Authority Meeting Of January 24, 2008; Director Shaikewitz

C. SANTA BARBARA COUNTY SPECIAL DISTRICTS ASSOCIATION MEETING OF January 28,2008; Director Wilson

D. PUBLIC INFORMATION COMMITTEE

E. OPERATIONS COMMITTEE

F. FINANCE COMMITTEE

11. AGENDA ITEM REQUESTS

Requests from Directors for items other than regular agenda items for the next regular Board meeting scheduled for March 18, 2008.

12. ADJOURNMENT

Note: This agenda was posted at the Montecito Water District front counter and outside display case at 5:00 p.m. on February 16, 2007. 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.

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