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HomeMy WebLinkAbout02-28-1983 178 MINUTES WATER BOARD REGULAR FEBRUARY 28, 1983 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. Member Juenemann reported that the annual audit of the Water Fund took place concurrently with the City audit. The Water Fund investments, listed below, were reviewed by the auditors for verification. 1st National Bank Passbook 5,736.88 1st National Bank Certificate 10,000.00 1st National Bank Certificate 40,000.00 1st National Bank Certificate 19,473.68 1st Federal S & L Certificate 14,720.52 Total $89,931.08 3. Motion by Juenemann, second by Shirley to authorize payment of the various bills presented to the Board totaling $2,197.20. APIF, motion carried. 4. A brief discussion on peak demand rates charged by electric utility company was held. 5. Quotations for a portable power generator were provided to the Board as requested in the December 1982 meeting. Motion by Shirley, second by Juenemann to authorize purchase of a Homelite 2750W generator plus a floodlight set for a total of $1,026.75. APIF, motion carried. 6. Motion by Bohm, second by Shirley to approve the minutes of the January 24, 1983 meeting. APIF, motion carried. 7. Cash Flow: Balance - 1/24/83 2,103.56 Receipts 931.96 Disbursements 2,197.20 Balance - 2/28/83 838.32 Respectfully submitted, Robert G. Juenemann APPROVED: Secretary RGJ/sz