PRESENT

Justin Franz-President

Ralph Goble-Vice President

Alinea Coy-Treasurer

Jerry Eubanks-Director

Keith Weeks-Secretary

CALL TO ORDER

Justin Franz called to order at 7:10 P.M.

APPROVAL OF MINUTES DATED APRIL 18^TH, 2001

Keith Weeks moved to accept minutes as written with grammatical changes, Jerry Eubank second. UNANIMOUS.

TREASURER’S REPORT

All financials current, 85% income is collected, budgeted line items all at acceptable percentages year to date.

Management budget within 001 is tight until yearend due to incorrect carryover projections at yearend 99-00.

Jerry Eubanks moved to accept the treasurer’s report as written, Keith Weeks second. UNANIMOUS.

OLD BUSINESS

Alinea Coy moved to transfer $70,000.00 from community system operating to community system capital for pending projects, Keith Weeks second. UNANIMOUS.

Keith Weeks moved to propose to the S.I.A. the planned 4^th to 8^th water tie in, and solicit their financial help, Jerry Eubanks second. UNANIMOUS.

Ralph Goble moved to retain Scott Rullon & Associates to give estimate on audit if Road and Recreation concurs, Keith Weeks second. UNANIMOUS.

NEW BUSINESS

Manager instructed to contact corporate attorney, advise how to bill for damages of litigation.

Ralph Goble moved to allocate $400.00 for travel to locate/purchase the new septic truck, Keith Weeks second. UNANIMOUS.

The Board gave formal thanks to the Budget Committee for their efforts, Paul Porter, Jim Slewitzke, Alinea Coy, Jerry Eubanks, and Larry White.

Recommendations were: budget a 5% contingency fund into each major category; 6% pool for payroll increase; (3% C.P.I., 3% merit) new focus on future leach field renewal; new budget format (Jerry Eubanks thanks) to coordinate information year to year; and to increase the employee benefit to $100.00 after tax.

PUBLIC INPUT

Mary Chisholm proposed a volunteer committee to the board. Purpose to facilitate office functions of records and information.

Jerry Eubanks moved to coordinate with Road & Recreation a Records and Information Committee, Mary Chisholm as chair, Ralph Goble second. UNANIMOUS.

A Joint Meeting is scheduled Wednesday June 13^th, 2001, 7:00 p.m.

Ralph Goble moved to adjourn, Alinea Coy second. UNANIMOUS.