HomeMy WebLinkAbout02-21-1977 91
February 21 , 1977
Meeting was called to order by President Shirley at 7 : 30 P.M.
in the Administration office.
Present : Presedent Shirley, Brinkman, Mohlis and Secretary
Henneberry
Absent : None
Motion by Shirley, second by Brinkman to approve minutes of the
last meeting as read. AIF-carried
The secretary read the following financial report.
Balance of cash 2/1/77 $ 1 ,319 . 44
Receipts-School hydrant water + 1 , 500 . 00
C .D. & interest transferred to cash + 5, 300 . 00
Collections + 584 . 00
Collections + 6 ,399 . 73
Permits + 75. 00
Cash balance $15 , 178 . 17
Disbursements-Miscellaneous bills - 1 ,400 . 03
City-custom service - 1,422 . 17
City-back hoe loan to correct error 5,683 . 00
2/18/77 Balance of cash 6,672 . 97
C.D. #20151 - purchase 4/1/76 1 year 6% $ 5, 000 ,00
20152 4/1/76 5, 000 ,00
20549 7/21/76 5,000 , 00
20673 8/19/76 5 ,000,00
20674 8/19/76 5, 000 , 00
Savings account #11876 $5, 000 . 00 at 5% 5, 000 ,00
Total investments $30 ,000 ,00
A lengthy discussion followed pertaining to condition of wells
and mains . Decided to await further developments before any
action would be taken.
Meeting adjourned at 9 : 00 P.M.
Respectfully submitted,
F. J. Henneberry
Secretary