Public Notice: Approved Budget for SSRD

Public Notice

A public hearing on the approved budget for Silver Sands Special Road District, Lincoln County, State of Oregon, for the fiscal year July 1,2011 to June 30, 2012, will be held at 1624 NW Sarkisian Dr.

The hearing will take place on June 24, at 1 pm.

The purpose of the hearing is to discuss the budget with interested persons.

A copy of the budget document appears below.

Approved Budget 2011-2012

Resources

Carry Over $ 5195

Interest Earned $ 105

New Revenue $ 3680

Total Resources $ 8980

Requirements

Reserve $ 6122

Loan Interest $ 1908

Insurance and Bonding $ 800

Communications $ 25

Office Supplies $ 25

Misc. $ 100

Total Requirements $ 8980

Rick Hill

Silver Sands Special Road District

Meeting Minutes, April 1, 2011

Silver Sands Special Road District

Meeting Minutes

April 1, 2011

9:00 am

Subway Sandwich Shop, Waldport, OR

Call to Order

Members Present: Bill Heavenston, Rick Hill, Alex Derr

Members Absent: none

Others Present: none

Agent of Record Review

Rick Hill agreed to remain as Agent of Record for Silver Sands Special Road District.

Old Business

We discussed purchasing a gas powered leaf blower to clear the road edge and help maintain the asphalt. We made plans to test before we buy. It would be purchased using the neighborhood donation fund.

For the guardrail on Powe St., we agreed to review CAD drawings for potential re-use, and check the post spread required by the terrain.

New Business

Later in April (date TBD) we will meet to begin the budget planning process.

Calendar for future meetings

Next meeting will be at 8 am, May 6, 2011, at this same location.

Adjournment

Adjourn at 9:50 am.

Meeting Minutes, February 4, 2011

Silver Sands Special Road District

Monthly Meeting Minutes

February 4, 2011

8:00 am

Subway, Waldport OR

Call to Order

Members Present: Bill Heavenston, Rick Hill, Alex Derr

Members Absent: none

Others Present: none

Financial Report

Our current account balance is $1215.71.

We purchased a $5000 CD on 12/14/2010

Old Business

We reviewed costs of the Sarkisian Dr. guardrail/walkway project and estimated a guardrail on Powe St. would cost less than $1000.

New Business

We reviewed the following items:

• Alex Derr' reappointment to the committee. Term expires 12/31/2013.
• Best Practices Report for insurance through SDAO. Reduces our bill by 9%, to $730.
• Insurance certificate.
• Public Contracting Laws.
• SDAO Report
• Elected Officials Guide Book

Calendar for future meetings:

3/4/2011, 8 am. Gather at 1624 Sarkisian Dr for road inspection.

4/1/2011, location TBD.

5/6/2011, location TBD.

Meeting adjourned at 8:50 am

Meeting Minutes, January 7, 2011

Silver Sands Special Road District

Monthly Meeting Minutes

January 7, 2011

6:00 pm

La Roca, Waldport OR

Call to Order

Members Present: Bill Heavenston, Rick Hill, Alex Derr

Members Absent: none

Others Present: Debra Heavenston, Mary Hill

Old Business

Our current bank account balance (11/30/10 statement) is $7204.11.

New Business

We discussed ideas for a guardrail/walkway project on Powe St.

Next month's meeting is scheduled for 2/4/2011 at 8 am, Subway, Waldport.

Meeting adjourned at 7:00 pm

Meeting Minutes, December 10, 2010

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

Meeting Minutes, November 5, 2010

Silver Sands Special Road District

Annual Budget Meeting Minutes

November 5, 2010

6:00 pm

La Roca, Waldport OR

Call to Order

Members Present: Bill Heavenston, Rick Hill, Alex Derr

Members Absent: none

Others Present: Debra Heavenston, Mary Hill

Old Business

Tax bills have been calculated. The properties in our road district have a total value of $6.25M. Based on this, the road district will receive $3751, less 3% the county estimates as uncollectable.

Our semi-annual loan payment is due, amount is $988.

Our current bank account balance is $3565.59, up $0.14 from last month.

New Business

Neighbors on Powe have requested a guardrail along the road over the creek. We discussed plans and logistics.

Meetings will return to the Sea Dog Cafe next month.

Meeting adjourned at 6:20 pm

Meeting Minutes,October 1, 2010

Silver Sands Special Road District

Meeting Minutes

Oct 1, 2010

Noon

Silver Sands

Call to Order

Members Present: Bill Heavenston, Rick Hill, Alex Derr

Members Absent: None

Others Present: none

This meeting is scheduled as a work party to continue construction of the safety guard rail project by Buckley Creek

Financial Report

Bank balance as of August 3, 2010 is $3,656.20.

Old Business

North side rail and south side rail have reached partial completion with the walkway left to be done. Work will commence after the meeting is adjourned and will continue throughout the weekend until completion is achieved.

New Business

Annual Asset Review: Silver Sands Special Road District has only the assets of its bank account held at West Coast Bank in Waldport. We have no property, vehicles or equipment.

The risk assessment tool from SDAO has arrived and will be filled out by Rick Hill. This assessment may qualify Silver Sands for a 9 % discount in our insurance rate.

Calendar of Future Meetings

Future meetings were set for, Nov 5, Dec 2 and Jan 6th. All meetings are scheduled to be at the Sea Dog Cafe in Waldport.

Meeting adjourned at 1 pm and work party began.