Meeting Minutes, January 13, 2019

CALL TO ORDER

5:48 pm

Members present: Rick Hill, Sue Valentine, Jonathan Hoy (Acting Secretary)

Member absent:
Neighbors present: Mary Hill

FINANCIAL REPORT

Current Checking Balance: $1,880.43

Current CD Balance: $5,330.35

1) Memo to U.S. Bank showing compliance with section 7.3 (Insurance) of the financing 

     agreement.  12/8/18

OLD BUSINESS

1) Repair of Sarkisian Dr. depressions: We are monitoring these. They don't seem to be 
     getting worse, the pavement is intact. 

2) Speeding on roadways:  No new issues reported.  

3) Staining of 'bridge' / Culvert Railings on Sarkisian and Powe:  It is tentatively 

     planned to pressure wash and stain the woodwork over the Sarkisian culvert in the 

     summer of 2019.

NEW BUSINESS

1) Board vote on moving CD funds into LGIP (Oregon Short-term Investment Fund) 

    * Rick makes motion, Sue seconds.

    * Discussion: No minimum amount.  Fractional fee for moving money.  Open account

       with small amount before moving entire amount from current CD 

       (CD Matures March 18, 2019).

    * Vote on motion:  2 in favor / one absent.   Motion Passes.

2) Letter from Secretary of State Audit Division.  Municipal audit law requirements due 

     without an invoice by end of fiscal year (June 30^th) 

3) Policy manual acknowledgement annual signature by committee members Rick & Sue

4) Annual Review of Board Member Training - Signature by committee members Rick & Sue

MEMBERSHIP 

1) No membership changes. Still awaiting word from Lincoln County on Jonathan's application.  

    Rick contacted Casey Miller of Lincoln County earlier in the week to prompt some action on this.

Next Meeting

February, Date TBD, 2019

Time and location TBD

ADJOURNMENT

6:25 pm