HomeMy WebLinkAbout07-27-1992 20
MINUTES
WATER BOARD
REGULAR
JULY 27, 1992
1. Meeting called to order by Chairperson Shirley.
Members Present: Shirley, Wier, Sauber.
Members Absent: None.
Also Present: Wayne Henneke, Tom Kaldunski.
2. MOTION by Shirley second by Wier to approve the minutes of the June 22, 1992
meeting. APIF, MOTION CARRIED.
3. Finance Director Henneke presented a plan to issue G.O. Improvement bonds to
purchase water meters. It was felt that depletion of investment monies could
cause future problems. The proposed certificate cost was quoted at about 4.6%.
Much discussion followed regarding present and future costs. Financing to be
in the form of an equipment loan. MOTION by Shirley second by Wier to authorize
the Finance Director to examine the possibility of of an equipment certificate
to be purchased in coordination with the City's G.O. Improvement Bond issue for
$180,000.
Policies for Operation of water system were discussed, Engineer Kaldunski
presented a number of possibilities that came about as a result of consultation
with staff members. Further discussion is needed.
City staff are to discuss proposed water usage rates and bring recommendations
to the Water Board.
4. MOTION by Shirley second by Sauber to pay bills in the amount of $8,074.55
APIF, MOTION CARRIED.
5. The meeting was adjourned with the possibility of a special meeting due to the
bond proposal.
Submitted by,
Mary Wier
Secretary