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Water Utility Hero of the Week-Sandra Louis-Essential Workers

Water Utility Hero of the Week, Sandra Louis, San Diego County Water Authority

Editor’s Note: This feature highlights water utility employees in the San Diego region working during the coronavirus pandemic to ensure a safe, reliable and plentiful water supply. The water industry is among the sectors that are classified as essential. Sandra Louis, San Diego County Water Authority Receptionist, is the Water Utility Hero of the Week.

Water Utility Hero of the Week: Sandra Louis

Job/Agency: San Diego County Water Authority Receptionist

How did you become interested in working in the water industry?

I just had my second baby in March 2006 and I tried to be a stay-at-home mom, but I was restless. I applied with Volt Temp Services and was sent to work in a temporary, one month job as a receptionist for the Water Authority.  My one month was extended for another six months. Then, I applied for the full-time staff receptionist position in December 2006 and got the job. So, I would say the water industry was interested in me.

How has your job changed during the pandemic?

I miss my co-workers, since most of the Water Authority staff are working remotely. Our main office in Kearny Mesa is closed to the public and delivery drivers have to buzz me from the outside before dropping packages at the front door. New safety protocols are in place for staff coming to the office, including temperature checks before entering the building. One change is that all staff entering the building now have to sign-in with me at the front desk and check out when they leave. Another change is the front reception desk where I work is now surrounded by clear, plexiglass shield barriers, also part of our pandemic safety protocols.

Sandra Louis-Water Utility Hero of the Week-San Diego County Water Authority

The San Diego County Water Authority reception desk, where Sandra Louis works, is surrounded by clear, plexiglass shield barriers, part of the safety protocols due to the coronavirus pandemic. Photo: San Diego County Water Authority

How are you keeping safe?

Wearing my face mask, washing my hands a lot more, cleaning the work area, and checking my temperature before coming into the building.

What are you most looking forward to after the crisis ends?

Spending time with my elder aunties and uncles, going to church, and going to events.

The Water Utility Hero of the Week highlights essential work performed during the COVID-19 pandemic by the San Diego County Water Authority and employees of the San Diego County Water Authority’s 24 member agencies.

San Diego County Water Authority Member Agency Map

San Diego County Water Authority Board of Directors Chair Jim Madaffer-primary-View from the Chair

Charting a Long-Term Water Strategy for San Diego County

During my nearly two years as chair of the Water Authority’s Board of Directors, I have seen firsthand the regional benefits of decisions made by our predecessors to secure water supply reliability. I cannot count the number of times I have been thankful for all the board members, regional stakeholders, staff and supporters in decades past who wrestled with challenges and made tough decisions to invest in big ideas and projects. From water supplies and water storage to pipelines and water treatment, these decisions have resulted in water supply security for our region.

While the prudent plans of the past benefit current and future generations, we must continually grapple with the uncertainties of the future given the decades-long lead time for major infrastructure projects. One of my mantras as Board chair has been to focus not just on today, but the next 25, 50, and even 75 years. We know that new infrastructure investments will be necessary, and they take time to plan and build. The challenge is how best to balance the costs, benefits, and uncertainties.

Regional Conveyance System

That’s why more than a year ago, our Board authorized a technical feasibility study to look at whether building our own conveyance system to transport our locally controlled regional water supplies from the Colorado River Quantification Settlement Agreement (Imperial Valley) could be cost-competitive with other options. The initial findings, released in June, confirm that is the case and offer a preview of what would be needed to build a conveyance system for meeting the region’s long-term water needs.

In coming months, the Board will decide whether to move the study to the next phase. This next phase will look in-depth on financing and costs – and more importantly mutually beneficial partnerships designed to reduce costs of improving regional water management. These partnerships might include joint ventures with Water Authority member agencies, the Imperial Irrigation District, Mexico, agriculture, the State of California through its Salton Sea Management Plan, tribal governments, renewable energy developers, public-private partnerships and more.

Currently, Water Authority staff is reviewing a second independent analysis of the June study, sponsored by some of the Water Authority’s member agencies. It is vitally important that we take the time to digest new information and different perspectives, and perhaps incorporate their suggestions in the next phase of our study, especially as we look toward a project of this size and magnitude that will be paid for over many generations.

Even after reviewing the voluminous data, I expect that there will be a variety of opinions about how to proceed. We all recognize that it is inherently difficult to forecast both costs and benefits over several decades for this project or any other, which is why we have taken measured steps.  Should the study move to the next stage, the process will include many future off-ramps for the Board in case better alternatives emerge.

At every stage, our Board should be committed to a thoughtful, fulsome assessment, never shying away from the need to cooperatively, collectively and civilly engage on these important questions with real benefits – and perhaps consequences – for our children and grandchildren. This is fundamental to the civic process, and critical to charting our region’s course as we have been doing for more than 75 years at the Water Authority.

View From The Chair represents the viewpoints of Jim Madaffer, Chair of the San Diego County Water Authority Board of Directors.
Oceanside city leaders and water experts placed a giant Google Maps “location pin” into the ground at the San Luis Rey Water Reclamation Facility in February, which officially marked the new recycled water project on the map. Photo: San Diego County Water Authority Oceanside wins

City of Oceanside Wins WateReuse Award of Excellence

The City of Oceanside received an Award of Excellence during the WateReuse Association virtual conference in June 2020. Oceanside received the Recycled Water Agency of the Year for small systems, which recognizes an agency that has developed recycled water, on a significant level, as an alternative water source within their service area, regionally, or statewide.

The development of water reuse programs addresses a variety of challenges currently faced by the City. Today, Oceanside imports most of its water from the Sacramento Bay Delta and the Colorado River, both of which are hundreds of miles away. In order to gain greater water-independence, the Oceanside City Council set a goal of a 50% local water supply by 2030. After almost a decade of regional and local planning efforts, the City of Oceanside has developed a comprehensive water reuse program including expanding water recycling and advanced water purification. The planning efforts have taken place since 2010 and have laid the groundwork for the City’s recycled water and potable reuse programs.

“The City of Oceanside is proud to receive the Recycled Water Agency of the Year Award,” said Cari Dale, City of Oceanside water utilities director. “Our staff works hard to ensure the City continues to increase our local water supply reliability and provide multiple benefits to our residents and businesses by reusing our water resources to their fullest potential.”

70 million gallons of recycled water distributed yearly

Pure Water Oceanside Groundbreaking-February 2020-Water News Network-SDCWA

Construction is underway for the $67 million Pure Water Oceanside project, which is scheduled to be completed in 2021. Photo: San Diego County Water Authority

The City of Oceanside has 1.2 miles of recycled pipeline that distributed nearly 70 million gallons (236-acre feet) per year. The distribution system currently supplies recycled water to the Oceanside Municipal Golf Course, Goat Hills Golf Course, and El Corazon Sport Complex.

Oceanside is currently expanding its recycled water system in two phases. Phase 1 will add approximately seven miles of distribution pipelines and approximately 10 miles of additional distribution pipelines will be added for Phase 2. Recycled water customers will include commercial users with significant irrigation demands for landscaping such as golf courses, HOAs, City parks, as well as industrial and agricultural customers.

Pure Water Oceanside

The City is also pursuing an advanced water purification project called Pure Water Oceanside. The project will create between 3 to 5 million gallons a day of high-quality drinking water that is clean, safe, drought-proof, and exceptionally pure.

Purified water, like the water created through Pure Water Oceanside, starts with recycled water that is further treated through proven advanced water purification processes to create clean and safe drinking water. The water purification process uses state-of-the-art purification steps that replicates and accelerates nature’s natural recycling process. Scheduled to be completed by the end of 2021, Pure Water Oceanside will be the first operating advanced water purification facility in San Diego County.

Through the expansion of recycled water and the development of Pure Water Oceanside, Oceanside has demonstrated leadership, creativity, and persistence in the development of a comprehensive water reuse program. Oceanside is well on its way to meet the City Council’s goal of 50% local water supply by 2030. By 2023 33% of Oceanside’s water supply will be local, which will increase to 56% by 2030.

Karmen Isabel Simons, a fourth grade student from St. Francis of Assisi Catholic School in Vista, received first place honors from the District for her entry in the competition. She received a $100 award. Photo: Vista Irrigation District 2020 Student Poster Contest

Vista Irrigation District Names 2020 Student Poster Contest Winners

Vista Irrigation District has presented awards to three artistic fourth-grade students as winners of the District’s 2020 Water Awareness Poster Contest. The District’s board of directors selected the recipients at its July 15 meeting. This is the 28th year of the local contest. This year’s theme was “Love Water, Save Water.”

Karmen Isabel Simons, a fourth-grade student from St. Francis of Assisi Catholic School in Vista, received first-place honors for her entry in the competition. She received a $100 award.

Karmen Isabel Simons, a fourth grade student from St. Francis of Assisi Catholic School in Vista, received first place honors from the District for her entry in the competition. She received a $100 award. Photo: Vista Irrigation District 2020 Student Poster Contest

Karmen Isabel Simons, a fourth-grade student from St. Francis of Assisi Catholic School in Vista, received first-place honors from the District for her entry in the competition. She received a $100 award. Photo: Vista Irrigation District

Naiya Langley from Alamosa Park Elementary School in Oceanside and received a second-place award of $50.

Naiya Langley from Alamosa Park Elementary School in Oceanside received a second-place award of $50 for her entry. Photo: Vista Irrigation District

Naiya Langley from Alamosa Park Elementary School in Oceanside received a second-place award of $50. Photo: Vista Irrigation District

Angelica Zetina from Mission Meadows Elementary School in Oceanside received a third-place award of $25.

Angelica Zetina from Mission Meadows Elementary School in Oceanside received a third place award of $25 for her entry in the contest. Photo: Vista Irrigation District

Angelica Zetina from Mission Meadows Elementary School in Oceanside received a third place award of $25 for her contest entry. Photo: Vista Irrigation District

‘Love Water, Save Water’ 2020 contest theme

The poster contest is open to all fourth-grade students in public and private schools within the District’s service areas in the city of Vista, and portions of San Marcos, Escondido, Oceanside, and unincorporated areas of San Diego County. Its goal is to promote understanding of water issues in elementary schools.

“Each year I continue to be amazed at the quality of the artwork produced by the students entering the contest,” said Brent Reyes, Vista Irrigation District water conservation specialist. “Each year it seems the Water Awareness Calendar created using the students’ artwork gets better and better.”

The three winning posters were selected from 110 entries based upon their depiction of the theme, artwork, originality, and poster design. Simons’ poster will appear in the 2021 Water Awareness Calendar. The calendar will be available free of charge at the District’s office in November 2020.

Emily Fleming-Padre Dam MWD-Water Utility Hero of the Week-Essential Workers

Water Utility Hero of the Week: Emily Fleming, Padre Dam Municipal Water District

Editor’s Note: This feature highlights water utility employees in the San Diego region working during the coronavirus pandemic to ensure a safe, reliable and plentiful water supply. The water industry is among the sectors that are classified as essential. Emily Fleming, Padre Dam Municipal Water District Customer Service Representative, is the Water Utility Hero of the Week.

Water Utility Hero of the Week: Emily Fleming

Job/Agency: Padre Dam Municipal Water District Customer Service Representative

How did you become interested in working in the water industry?

Nearly ten years ago, after a long and successful career in retail banking, I fell victim to a series of armed robberies over a two-year period. These violent encounters took a toll and made me seriously consider a career change. A conversation with an acquaintance led me to explore the possibility of working at Padre Dam. There was so much to learn about the water industry, however the staff and management at Padre Dam made me feel right at home and they were supportive during the entire process. Working with the public and providing the best customer service possible is second nature to me. I strive to make each encounter personal and informative.

How has your job changed during the pandemic?

Not long after the pandemic started we began alternating work schedules in the Customer Service Department. Some people work from home, and we have a minimal staff at the administrative office. Our IT staff did a phenomenal job of ensuring we had everything we needed to work from home. To most of our customers, the transition has been seamless. We have worked out most of the bugs since then and now it has become second nature to our department.

How are you keeping safe?

My husband does all the grocery shopping for the family and I so appreciate that, it minimizes the exposure for me. Padre Dam meets all the safety requirements and more when I’m not working from home. We like to support the mom and pop shops so we order food to go now and then. Finally yet equally important, I wear my mask and wash my hands regularly to protect my friends and family.

What are you most looking forward to after the crisis ends?

I get emotional when I talk about this one. I became a grandmother on February 26, 2020, to a beautiful baby boy.  He was only 3 weeks old when the shutdowns started. Although his parents are great about sending pictures and videos, it is not quite the same. I am most looking forward to holding him, and watching him grow and play without the fear of getting sick. I cannot wait!

The Water Utility Hero of the Week highlights essential work performed during the COVID-19 pandemic by employees of the San Diego County Water Authority’s 24 member agencies.

San Diego County Water Authority Member Agency Map

EPIC Award-CAPIO-San Diego County Water Authority-Water News Network

Water News Network Named Best California Public Agency Website

The Water News Network website has been named “Best Website” among California public agencies for 2020 in the California Public Information Officers EPIC Awards competition.

The CAPIO EPIC Awards recognize the “best of the best” in government communications throughout the state. Winning entries demonstrate the most creative and effective efforts in the areas of communication and marketing campaigns, newsletter production, photography, special events, writing, website development and video production.

Original news content praised by judges

The Water News Network received praise from competition judges for keeping all stakeholders in mind when creating the website, and for its initiative in producing original story content and photos. Other finalists in the Best Website/App category were the City of Santa Clara for its SantaClaraCA.gov website redesign; and Contra Costa County for its ‘Virtual Office’ entry.

“Over the past two years, the Water News Network has become a timely and reliable source of news and information about a variety of water issues, projects and programs affecting more than 3.3 million people across San Diego County,” said Water Authority Public Affairs Director Denise Vedder. “We’re proud to collaborate with our member agencies on this and other outreach and education efforts about region’s most precious natural resource.”

EPIC Award for Best Website/App revealed in package

In lieu of an awards ceremony, trophies were mailed to the winning entrants with results revealed upon being opened in 2020 due to the coronavirus pandemic. Photo: CAPIO

In lieu of an awards ceremony, trophies were mailed to the winning entrants with results revealed upon being opened in 2020 due to the coronavirus pandemic. Photo: CAPIO

The EPIC Awards honor work that transcends innovation and craft, work that made a lasting impact, providing an equal chance of winning to all entrants regardless of company or agency size and project budget.

Entries are assessed on research and planning efforts that display an understanding of audience objectives and needs for information; development and execution; and how successfully the entrant organization achieves its objectives.

This year’s CAPIO EPIC Awards program drew a record number of 275 entries in all categories from throughout the state of California.

The Water News Network has also won the Best Public Service or Consumer Advocacy Website category for the past two years in the San Diego Press Club‘s Annual Excellence in Journalism Awards.

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San Diego County Water Authority Board of Directors Chair Jim Madaffer-primary-View from the Chair

Good News: Hundreds of Millions of Dollars Approved for Local Water Projects

I’m pleased to share some good news for our region. You will recall the Water Authority was recently awarded $15 million in state grants for several water supply projects throughout the county. Earlier this week, we also secured approval of more than $115 million for local water supply projects in San Diego County through the Metropolitan Water District of Southern California. That brings the total to nearly $500 million since we successfully challenged in court MWD’s imposition of an illegal contract clause barring our region’s participation in MWD’s funding program. Unlike state grants, MWD’s program is funded by its member agencies, including the Water Authority, in the water rates and charges we pay to MWD.

Kudos to our member agencies for their strong applications and to MWD’s Board of Directors for approving them. It is an affirmation of our ongoing efforts to collaborate with MWD and to address shared challenges.

Local water projects, along with the Water Authority regional supplies, are key components of our region’s long-term supply reliability strategy. A few months ago, we worked with Fallbrook Public Utility District, the City of San Diego and the City of Oceanside to secure MWD program funding for their projects.

The two most recent successes are:

  • Up to $91.8 million was awarded to the East County Advanced Water Treatment Plant. It will meet up to 30% of East County’s drinking water demands (approx. 13,000 acre-feet of water per year) and eliminate the discharge of 15 million gallons of partially treated wastewater into the Pacific Ocean.
  • Up to $23.4 million was awarded to the Membrane Filtration Reverse Osmosis Facility in the City of Escondido, which will provide up to 3,280 acre-feet per year of advanced treated recycled water to irrigate farmland.

Now that San Diego County agencies can compete for – and win – Local Resources Program funding, the Water Authority is taking actions in court to voluntarily dismiss certain related legal claims against MWD. We hope to soon have prompt resolution of our remaining litigation issues, and to work with the other MWD member agencies to create a strategic plan, a financing plan and a rate structure that are fair to ratepayers across Southern California.

View From The Chair represents the viewpoints of Jim Madaffer, Chair of the San Diego County Water Authority Board of Directors.
demonstration garden, WaterSmart, Helix Water District

Helix Water District Creates WaterSmart Demonstration Landscape

Helix Water District recently completed a new demonstration landscape outside of its administration building in La Mesa. The project is intended to inspire and educate the surrounding communities to install WaterSmart landscaping, and it serves as an example that residents can use to help design their own landscaping.

The demonstration landscape includes three unique WaterSmart gardens on the streets around the building, including a Mediterranean garden on University Avenue, a desert landscape on Lee Avenue and a California native landscape along the building’s main entrance on Quince Street. The three gardens exemplify different types of plants that thrive in the climate of San Diego County and only need half to one-fifth of the water that a traditional lawn needs.

“Our new demonstration landscape shows customers that water-efficient landscaping is not just one style,” said Helix Water District Board President Mark Gracyk. “You can choose plants that compliment your home and personal taste – there is an option for everyone.”

Helix Water District, demonstration garden, WaterSmart, native plants

The native plants in the demonstration garden show that WaterSmart landscaping not only saves water and maintenance costs but can be beautiful too. Photo: Helix Water District

Interactive garden gives residents visual design inspiration

Each garden is full of a variety of flowers of different colors and textures. Plant markers are placed to identify each plant and QR codes provide easy access to plant names, sun and water needs, mature size and photos when scanned through the camera of a smartphone.

The water district also created an interactive webpage https://hwd.com/demonstration-landscape where customers can make a list of their favorite plants and download design plans. Information on water-efficient irrigation and rebate programs is also available.

Helix Water District, WaterSmart, demonstration garden

The garden includes interactive elements such as descriptive signs with QR codes that visitors can scan to learn more about specific plants. Photo: Helix Water District

“We’ve made it easy for customers to learn about WaterSmart plants and landscaping,” said Gracyk.

WaterSmart landscapes provide homes for wildlife and pollinators

In addition to requiring less water, WaterSmart landscapes also require less maintenance and provide habitat for local wildlife and pollinators such as honeybees, birds and butterflies.

“Outdoor water use typically accounts for half of a home’s total water use,” said Helix Water District Board Vice President DeAna Verbeke. “With our new demonstration garden, we’re encouraging people to upgrade to a WaterSmart landscape by showing them that water-wise plants are not only sustainable but beautiful as well.”

The project was partially funded through a grant from the Metropolitan Water District of Southern California.

Helix Water District provides water treatment and distribution for 277,000 people in the cities of El Cajon, La Mesa and Lemon Grove, the community of Spring Valley and areas of Lakeside – east of downtown San Diego. Helix is also a founding member of The Water Conservation Garden, a nearly six-acre water-wise demonstration garden in El Cajon.

Water Utility Hero of the Week-Santa Fe Irrigation District-LaMont Foster

Water Utility Hero of the Week: LaMont Foster, Santa Fe Irrigation District

Editor’s Note: This feature highlights water utility employees in the San Diego region working during the coronavirus pandemic to ensure a safe, reliable and plentiful water supply. The water industry is among the sectors that are classified as essential. LaMont Foster, Santa Fe Irrigation District Utility Worker I, is the Water Utility Hero of the Week.

Water Utility Hero of the Week: LaMont Foster

Job/Agency: Santa Fe Irrigation District Utility Worker I

How did you become interested in working in the water industry?

I’ve had a few careers before working here at Santa Fe. After being laid off from a job I was at for more than 20 years, I was working as a bus driver for a school district. Someone had mentioned the water and wastewater internship managed by the San Diego County Water Authority. I applied and was accepted and worked with some great people at Otay and Helix and transitioned to a full-time job at SFID. I really enjoy working in the water industry. Water puts everyone on the same level. We all need it, and we all appreciate it even more when there is a problem getting it.

How has your job changed during the pandemic?

We used to drive around in crews of two together, but we drive separately now. We are also moving around the building a little differently and changing reporting times so there are fewer people in one place at a time, but other than that, the work is the same. We respond to customer concerns, fix what needs to be fixed and keep our maintenance schedule.

How are you keeping safe?

I’ve got some high-risk people in my family, so I am doing what I can to limit my exposure to people and going places. Just me and the family at the house and I am always sure to mask up. It’s important.

What are you most looking forward to after the crisis ends?

My life isn’t all that much different, but I really look forward to taking my wife and son out for a nice meal and enjoying ourselves. Not be worried or anxious about the people around me. I am really looking forward to that.

The Water Utility Hero of the Week highlights essential work performed during the COVID-19 pandemic by employees of the San Diego County Water Authority’s 24 member agencies.

San Diego County Water Authority Member Agency Map

Bond Sales-Credit Ratings-Desalination Plant

Strong Water Authority Credit Saves $67.4 Million for Ratepayers

Strong credit ratings for the San Diego County Water Authority will save water ratepayers across the region $67.4 million on bond sales executed Wednesday in New York — $27 million more than staff forecasted in May. All three major rating agencies – S&P, Moody’s and Fitch – recently affirmed the Water Authority’s positive ratings and stable outlook, creating the opportunity for ratepayers to benefit from lower financing costs for critical water infrastructure.

The savings resulted from the Water Authority’s refinancing of $283.5 million in Series 2020A Bonds (Green Bonds) and $117.7 million in Series 2021A (Green Bonds) senior-lien water revenue refunding bonds. Technical factors in the market provided favorable conditions – including more demand for bonds than supply – that the Water Authority team moved quickly to capture.

Most significant savings in bond refundings in the past decade

The Water Authority bonds were priced July 8 – a week ahead of schedule – and the strong credit ratings, strong bond policies, and swift action by the Board of Directors in June, helped lower the interest rates compared to what the Water Authority would have had to pay with downgraded credit. Since 2010, the Water Authority has saved a total of $235 million through 10 bond refundings, including the latest transactions.

“Thanks to strategic, courageous action by the Water Authority Board of Directors in June to set rates for 2021, the agency has secured the most significant savings from bond refundings in the past decade,” said Water Authority Board Chair Jim Madaffer. “The Water Authority maintains a strong financial position even in these difficult times, and that ultimately benefits everyone who calls San Diego County home.”

Credit ratings: Strong financial leadership, prudent strategies

In affirming their credit ratings over the past few weeks, the three rating services cited the Water Authority’s strong financial leadership, including prudent strategies to manage issues related to COVID-19, its success diversifying water supply sources, its commitment to infrastructure maintenance, and its financial reserves for managing contingencies, among other factors.

‘Investments in water supply diversification, conservative financial practices’

  • S&P affirmed its highest rating – AAA– June 25. “The authority has been successful in their efforts to increase control over their supply and diversify the source of their supply. Management has also demonstrated an ability to navigate volatile hydrological cycles through adopting rate increases as needed and building prudent financial reserves and storage to mitigate variability.”
  • Fitch Ratings affirmed its AA+ rating July 2. The Water Authority’s “significant investments in supply diversification, have allowed the Authority to continue to meet water demands in its service area.” Fitch also said “the SDCWA benefits from very strong purchaser credit quality.”
  • Moody’s Investor Service affirmed its Aa2 rating June 29. Moody’s praised the Water Authority “for increasingly diverse sources for water supply purchases; and conservative financial practices with adopted reserve and debt policies.” Moody’s also said that “liquidity, including a rate stabilization fund, remains satisfactory and serves to insulate the San Diego County Water Authority from risks associated with variable water supplies, including California’s current drought conditions, as well as unanticipated events such as the coronavirus crisis. The stable outlook reflects our expectation that the Authority’s favorable operating performance will continue.”

“In the midst of a global pandemic and a challenging economy, the Water Authority continues proactively managing its finances and lowering the cost of debt,” said Lisa Marie Harris, finance director for the Water Authority. “We have strong debt coverage, healthy reserves and an experienced management team to sustain our fiscal health.”

For more information about the Water Authority’s finances go to: www.sdcwa.org/finance-investor-relations.

Series 2020A – Taxable Refunding

Issue Size: $283,470,000

Bond maturities: 2024-2034

Bond yields: .59% – 1.95%

Refunding savings: $38.7 million

Savings as % of refunded bond par: 15.3% (board min savings 2-5%)

Top Investors: Progressive, Morgan Stanley, Goldman Sachs, and State Farm

Series 2021A –Tax-Exempt Refunding (Forward Delivery)

Issue Size: $117,690,000

Bond maturities: 2022 – 2031

Bond yields: .45% – 1.13%

Refunding savings: $28.7 million

Savings as % of refunded bond par: 19.7% (Board Min savings 2-5%)

Top Investors: Vanguard, Alliance Bernstein, Seix Investors, and MIZUHO Bank