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<br />RIVERSIDE PUBLIC UTILITIES <br />Board Memorandum <br />BOARD OF PUBLIC UTILITIESDATE:NOVEMBER 14, 2022 <br />SUBJECT:SHAREHOLDER PROXY AUTHORITY AND ASSIGNMENT OF SHARES FOR <br />MUTUAL WATER COMPANIES <br />ISSUE: <br />Consider approvalto delegateshareholder proxy authority and assignment of shares as outlined <br />in this report. <br />RECOMMENDATIONS: <br />That the Board of Public Utilitiesapprove and recommend that the City Council: <br />1.Confirm the shareholder proxy authority for voting representatives and alternates outlined <br />in the report; <br />2.Authorize the assignment of shares for each mutual water company owned by the Cityto <br />the specified Board of Public Utilities membersin the Attachment;and <br />3.Rescindany prior assigned shares owned by the City to the mutual water companies listed <br />for individuals not identified in the Attachment; and <br />4.Delegate authority to anydesignatedrepresentative or alternate to <br />proxy at all meetings of the respective mutual water companiesfrom the date <br />of this actionuntil amended. <br />DISCUSSION: <br />Submitted for the Board of Public Utilities' consideration and recommendation to the City Council <br />is the affirmation of the following City voting representation and alternatesfor Shareholders <br />Meetings of the mutual water companies in which the City owns stockand delegation of authority <br />mutual water companies: <br />MUTUAL WATER COMPANYVOTING REPRESENTATIVEALTERNATE <br />Gage Canal CompanyTodd M. CorbinDavid A. Garcia <br />Jurupa Ditch Water CompanyDavid A. GarciaMichael Plinski <br />Riverside Highland Water Co.David A. GarciaMichael Plinski <br />Trujillo Water CompanyNancy MelendezGildardo Oceguera <br /> <br />