November 22, 2014
Call to Order
5:00 pm
5:00 pm
Members Present: Rick Hill, Alex Derr, Sue Valentine
Members Absent: None
Financial Report
- Checking account balance: $5665.19
- CD value: $5404.88
Old Business
None.
None.
New Business
- CD matures on 12/14/2014. Interest rate has been 2.30%. Rick will investigate current CD rates to determine if it is advantageous to put the money back into another CD.
- Lincoln County tax report states that the total value of Silver Sands properties is $7,195,770. The Road District's maximum revenue is $4317.46 this year. Lincoln County will reduce this payment by ~3% to account for unpaid tax bills.
- We reviewed our FlexLoan payment schedule estimated revenues for the life of the road paving loan. \
Next Meeting
December meeting is TBD
Adjourn
6:00 pm
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