HomeMy WebLinkAbout12-27-1982 176
MINUTES
WATER BOARD
REGULAR
DECEMBER 27, 1982
1. The meeting was called to order by President Shirley at 7 :30 P.M.
in City Hall .
Present: President Shirley, Members Bohm & Juenemann
Absent: None
2. Motion by Juenemann, second by Bohm to authorize payment of the various
bills presented to the Board totaling $1,973.44. APIF, motion carried.
3. President Shirley reported to the Board of the damages incurred to the
curb box valve when water service was shut off prior to demolition of
the Steele Furniture Bldg.
4. The minutes of the November 22, 1982 meeting should be corrected to
show a balance of $46,135.89 in paragraph 3. Motion by Shirley, second
by Bohm to approve the November 22, 1982 meeting as corrected. APIF,
motion carried.
5. The Board discussed the feasibility of purchasing a portable power
generator. President Shirley will contact Supt. Hince for recommendations
on type and price of units to consider.
6. Member Juenemann reported that a six month money market certificate
was purchased at First National Bank at an interest rate of 8.56%.
Renewal date is 5/27/83.
7. The Board compared the 1982 financial statement with the 1981 records.
Of particular note was an 18% increase in water sales and a 19% increase
in utility costs. Maintenance and repair costs were down significantly in
1982.
8. Cash Flow:
Balance 11/22/82 $46,135.89
Receipts 25.00
Disbursements 1,973.44
Investments 40,000.00
Balance 12/27/82 4,187.45
9. Meeting was adjourned at 8:30 P.M.
Respectfully submitted,
Robert G. Juenemann APPROVED:
Secretary
RGJ/sz