Silver Sands Special Road District
Monthly Meeting Minutes
December 10, 2010
8:00 am
Sea Dog Cafe, Waldport OR
Call to Order
Members Present: Bill Heavenston, Rick Hill, Alex Derr
Members Absent: none
Others Present: none
Old Business
We received and deposited our road district tax levy check from the Lincoln County Treasurer: $3638.52.
Our semi-annual loan payment of $988 has been paid.
Our current bank account balance is $6215.56.
New Business
Our bank account balance is sufficient to consider shifting some of it to a CD. Local 4-year CD rates have risen to 2.5%. Given the nature of the economy, we agreed we should invest now.
We continued discussions of adding a guardrail on Powe St. at the creek. Our current thought is to build a guardrail similar to the one on Sarkisian, but without the walkway. The walkway was almost half the total cost of materials, and required nearly half of the labor.
Next month's meeting is tentatively scheduled for 1/7/2011 at 8 am Sea Dog Cafe.
Meeting adjourned at 9:00 pm
