November 17, 2021- BIG NEWS! Board Meeting-Rebates to all customers
At the November meeting of the OMWD Board of Directors, I voted with the entire Board to refund $1.62 million to our ratepayers. The money came from lawsuits filed by the San Diego County Water Authority against Los Angeles water wholesaler Metropolitan Water District for charging excessive rates and charges to us.
At the same meeting, among other items, the Board considered whether to obtain quotes from all available insurers and insurance pools for OMWD’s general liability property, automobile, and related coverages. I argued in favor of expanding the number of quote requests to include insurance pools in order to obtain all competitive rates in the insurance market, no different from when we look for our own car or home insurance. Other Board members opposed opening up the competition, satisfied with obtaining quotes from the same insurers who have quoted OMWD for years. I thank Board President Larry Watt for supporting my position to open the competition, but a vote for limited quotes prevailed. OMWD staff will receive the limited quotes in Spring 2022. Let’s hope that they are competitive.
You can review past and present Board and committee meeting agendas and background materials online at https://www.olivenhain.com/about-us/governing-board/board-meetings/.
Posted on 17 Nov 2021, 17:27 - Category: News
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