4938 NW Sandy Dr.
CALL TO ORDER
4:00 pmMembers Present: Rick Hill, Alex Derr, Sue Valentine
FINANCIAL REPORT
$2624.78 in Checking.$3020.25 in one CD.
$5067.45 in the other CD.
The paving loan payment, due this month, will be $5848. (Last month, I incorrectly stated it was due in November.)
We received our road district tax check from Lincoln County: $4687.52. Rick will deposit it this week.
OLD BUSINESS
Pothole issueRick, Bill, and Steve discussed the situation, and we got some tips from YouTube videos. Rick purchased some cold mix asphalt, and we'll attempt a repair during a dry spell.
NEW BUSINESS
Annual review of loan payment scheduleWe reviewed the loan payment forecast. Rick updated it with the latest tax and billing data. We currently expect a deficit in only the final year of our loan payment. The deficit amount is forecast to be $98. Perhaps we will have a bake sale.
