Meeting Minutes, May 29, 2010

Silver Sands Special Road District

Annual Budget Meeting Minutes
May 29, 2010
1:00 pm
1624 Sarkisian Dr, Seal Rock, OR

Call to Order
Members Present: Bill Heavenston, Rick Hill, Alex Derr
Members Absent: none
Others Present: Debra Heavenston

Old Business

The check for our Safety Grant has been deposited. This is $1200 from the Special District Association of Oregon (SDAO).

Locator service has marked utilities in the vicinity of the guardrail project.

Material quotes have been received from three local suppliers.

New Business

Our road district budget was presented for fiscal year July 1, 2010 to June 30, 2011. The budget was discussed and approved.

Resources
Carry over $3,252
Interest earned $ 50
New revenue $3,572
Total $6,874

Requirements
Reserve $4,016
Loan interest $1,908
Contracted services $ 0
Insurance and bonding $ 800
Communications $ 25
Office supplies $ 25
Misc. $ 100
Total $6,874

Calendar of Future Meetings

Future meetings were set for June 11, and July 9. All meetings are scheduled to be at the Sea Dog Cafe in Waldport.

Meeting adjourned at 2:00 pm

Public Notice

A public hearing on the approved budget for Silver Sands Special Road District, Lincoln County, State of Oregon, for the fiscal year July 1, 2010 to June 30, 2011, will be held at 1624 NW Sarkisian Dr.

The hearing will take place on the 29th of May at 1 pm.
The purpose of the hearing is to discuss the budget with interested persons.

A copy of the budget document appears below.

Approved Budget 2010-2011

Resources
Carry over     $3,252
Interest earned $   50
New revenue $3,572
Total $6,874

Requirements
Reserve $4,016
Loan interest $1,908
Contracted services   $    0
Insurance and bonding $  800
Communications $   25
Office supplies $   25
Misc. $  100
Total $6,874

Rick Hill
Silver Sands Special Road District