FAAME Committee  
C. Miller, Chair  
D. Alvarez, VC Budget  
G. Bryant  
R. Crane  
P. Daniels  
B. Dennstedt  
L. Fong-Sakai  
P. Paule  
M. Petersen  
B. Pressman  
T. Quinn  
Tuesday, September 15,  
2026  
Finance, Affordability, Asset  
Management, and Efficiency Committee  
- Final  
08:30 a.m. FAAME  
10:00 a.m. LC  
11:30 a.m. OPE  
01:00 p.m. ETHICS  
01:30 p.m. BREAK  
02:00 p.m. BOD  
Meeting with Board of Directors *  
September 15, 2026  
8:30 a.m.  
K. Seckel  
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* The Metropolitan Water District’s meeting of this Committee is noticed as a joint committee  
meeting with the Board of Directors for the purpose of compliance with the Brown Act.  
Members of the Board who are not assigned to this Committee may participate as members  
of the Board, whether or not a quorum of the Board is present. In order to preserve the  
function of the committee as advisory to the Board, members of the Board who are not  
assigned to this Committee will not vote on matters before this Committee.  
09152026 Finance, Affordability, Asset Management, and  
Efficiency Committee Translated Agendas  
*
21603  
09152026 FAAME Agenda - Armenian  
09152026 FAAME Agenda - Chinese Mandarin  
09152026 FAAME Agenda - Spanish  
Attachments:  
Agendas are translated by a digital translation service. Metropolitan does not guarantee  
accuracy of any translation.  
1.  
2.  
Opportunity for members of the public to address the committee on  
matters within the committee's jurisdiction (As required by Gov. Code  
Section 54954.3(a))  
** CONSENT CALENDAR **  
COMMITTEE ACTION (ONLY)  
Approve the Minutes of the Finance, Affordability, Asset  
Management, and Efficiency Committee held on August 18, 2026  
A.  
21-6157  
21-6127  
09152026 FAAME 2A (08182026) Minutes  
Attachments:  
3.  
COMMITTEE ITEMS (FOR BOARD CONSIDERATION)  
Review and consider the Lead Agency's approved Negative  
Declaration and take related CEQA actions, and adopt a resolution  
for 118th Fringe Area Annexation concurrently to Eastern Municipal  
Water District and Metropolitan  
7-3  
09152026 FAAME 7-3 B-L  
Attachments:  
** END OF CONSENT CALENDAR **  
4.  
5.  
COMMITTEE ITEMS (ACTION FOR BOARD CONSIDERATION)  
NONE  
COMMITTEE ITEMS (INFORMATIONAL FOR BOARD  
CONSIDERATION)  
Introduction of Ordinance No. 153—Determining that the interests  
of Metropolitan require the use of Revenue Bonds in the aggregate  
principal amount of $500 million to finance a portion of Capital  
Expenditures  
9-1  
21-6141  
6.  
7.  
8.  
9.  
COMMITTEE ITEMS (INFORMATIONAL)  
Overview of Metropolitan's Grants Processes and Procedures  
a.  
21-6159  
21-6158  
MANAGEMENT ANNOUNCEMENTS AND HIGHLIGHTS  
Finance, Affordability, Asset Management, and Efficiency activities  
a.  
FOLLOW-UP ITEMS  
NONE  
FUTURE AGENDA ITEMS  
10. ADJOURNMENT  
NOTE: This committee reviews items and makes a recommendation for final action to the full Board of Directors.  
Final action will be taken by the Board of Directors. Committee agendas may be obtained on Metropolitan's Web site  
https://mwdh2o.legistar.com/Calendar.aspx. This committee will not take any final action that is binding on the  
Board, even when a quorum of the Board is present.  
Writings relating to open session agenda items distributed to Directors less than 72 hours prior to a regular meeting  
are available for public inspection at Metropolitan's Headquarters Building and on Metropolitan's Web site  
https://mwdh2o.legistar.com/Calendar.aspx.  
Requests for a disability-related modification or accommodation, including auxiliary aids or services, in order to  
attend or participate in a meeting should be made to the Board Executive Secretary in advance of the meeting to  
ensure availability of the requested service or accommodation.