REGULAR MEETING

BOARD OF DIRECTORS

MONTECITO WATER DISTRICT

583 San Ysidro Road, Montecito, California

TUESDAY, November 20, 2007

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 September 20, 2007

B. Minutes of October 16, 2007

C. Minutes of October 23, 2007

D. Payment of Bills for October 2007

E. Investment of District Funds

4. Time Certain Items

A. Time Certain 2:10 p.m. — Advanced Treatment SOLUTIONS at Cater Water Treatment Plant; Cathy Taylor, City of Santa Barbara Water Systems Manager

B. Time Certain 3:00 p.m. — Fiscal Year 2006/07 Financial Audit; Mark Poindexter, Poindexter & Company

5. Cachuma MATTERS

A. CACHUMA CONSERVATION RELEASE BOARD MEETING OF October 22, 2007; Director Abel

1. State Water Resources Control Board Hearing Technical Issues Update

B. CACHUMA OPERATION AND MAINTENANCE BOARD MEETING OF October 22, 2007; Director Abel

6. Legal MATTERS

A. Recent and Pending Legal Matters REview (Oral)

7. District Business Report

A. First Quarterly Investment Report as of September 30, 2007

B. Formation of Audit Committee

C. Water Sales Report for October 2007

D. September 2007 Revenue and Expense Report

8. district Operations Report

A. Ortega Reservoir Project Status Report

B. Ortega Reservoir – Notice of Completion Phase 3

C. 2008 Water Transfer Agreement

D. JAMESON LAKE –ACCELERATED PURCHASE OF REMAINING LAKE LOG BOOM

E. 2006/07 water year report on unaccounted water

9. GENERAL MANAGER’S REPORT

A. Professional Services by Rauch Communication Consultants

B. Ongoing Projects Update

C. Water Works Operations REport

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

10. DIRECTOR AND STAFF MEETING REPORTS

A. Central Coast Water Agency Meeting of October 25, 2007; Director Shaikewitz

B. SANTA BARBARA COUNTY SPECIAL DISTRICTS ASSOCIATION MEETING OF October 22, 2007; Director Wilson

11. COMMITTEE REPORTS/RECOMMENDATIONS

A. OPERATIONS COMMITTEE

B. FINANCE COMMITTEE

C. PUBLIC INFORMATION COMMITTEE

12. AGENDA ITEM REQUESTS

Requests from Directors for items other than regular agenda items for the next regular Board meeting scheduled for December 18, 2007.

13. ADJOURNMENT

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