Minutes from 1994 - Laserfiche WebLink

Home

LOWER RUM RIVER WATERSHED MANAGEMENT ORGANIZATION SEPTEMBER 15, 1994 CALL TO ORDER Chairman Steve Jankowski called the meeting to order at 8:40 a.m. in the Committee Room of Anoka City Hall. ROLL CALL Voting members present were Steve Jankowski, Ramsey; Bill Ottensmann, Coon Rapids; Todd Haas, Andover; and John Weaver, Anoka. Absent: None. Also present was Anoka alternate Ray Schultz. CONSIDERATION OF THE MINUTES Motion was made by Weaver, seconded by Haas, to approve the August 18, 1994, regular meeting minutes as submitted. Vote: 4 ayes, 0 nays. Motion carried. TREASURER'S REPORT Knutson presented the Treasurer's 1994 Budget Report and Treasurer's Statement of Cash Receipts and Disbursements for the period ending August 31 , 1994. Account balances for the period were: Checking, $10.00; interest bearing savings account, $4,499.07; less permit account balance of $4,986.77, for a total available savings account balance of ($487.70); and certificates of deposit totaling $24,000.00; for a current total balance of $28,509.07. In response to Weaver's question, Knutson explained he will be reinvesting in a $10,000 CD once second-half payments are received from member cities. He estimated the interest rate of a $10,000 CD will approach 4%. Motion was made by Weaver, seconded by Ottensmann, to accept the Treasurer's Report for the period ending August 31, 1994. Vote: 4 ayes, 0 nays. Motion carried. PAYMENT OF BILLS Knutson presented two bills for payment as follows: Timesaver Off Site Secretarial for $242.45 and Barr Engineering for $1,599.99 ($128.25 administrative, $560.53 permits and $911.21 for Challenge Grant submittal). A question was raised regarding the charge for grant submittal and that the Board had previously authorized an expenditure of up to $400. It was noted that $215 has already been expended for the grant submittal.