Monday, December 18, 2017

Meeting Minutes, December 17, 2017

December 17, 2017 
4938 NW Sandy Dr.

CALL TO ORDER

4:00 pm
Members 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 issue
Rick, 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 schedule
We 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.

NEXT MONTHLY MEETING

TBD

ADJOURNMENT

5:00 pm

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