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Title:
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Confirm shareholder proxy authority and assignment of shares for any designated Council, Riverside Public Utilities Board, or City staff representative or their alternate of the respective mutual water companies - Delegate authority to any designated Council, Riverside Public Utilities Board, or City staff representative or their alternate to vote City’s shares as City’s proxy at all meetings of respective mutual water companies - Authorize City Manager and Public Utilities General Manager from to solicit interest from the Mutual Water Company nominee list and direct the City’s proxy to vote the City’s shares in relevant Mutual Water Company board elections consistent with City’s adopted policies - Authorize assignment and recalling of shares as necessary for each Council, Board, or City staff representative serving on mutual water companies (Public Utilities) (All Wards) (10-minute presentation)
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