Special meeting 9-15
all minutes are in draft form
JERICHO-UNDERHILL WATER DISTRICT
P.O.BOX 174
UNDERHILL,VERMONT 05489
7:00 p.m.
38 Poker Hill Road
TRUSTEES PRESENT OPERATORS PRESENT GUEST PRESENT
Peter Mitchell Marc Maheux
Joe O’Brien
Jason Ritter
CLERK ASST. OPERATOR
Jane Maheux Michael Willard
Special Meeting September 15, 2014
1.Peter called the meeting to order at 7:14. Peter made a motion to adopt the Agenda and Joe seconded, the Board approved the Agenda.
2. The discussion on the Warning for the Annual meeting. Joe reported that Vince Paradis has retired and the Firm is not sure who will be servicing our account. They told Joe to send them the wording we would like to put in our Warning and they will give us input on it. We discussed the best way to do it and it looks like it would be good to remove it from the regulations and make it a policy. Joe will get answers and get the Warning to Jane by the 20th so she post it.
3. A. Discussion on the Budget. Peter presented a Budget report comparing this ear to a budget for 2014-2015. Accounts were discussed and changes made as necessary.
B. Marc expressed that they should put the quoted amount for the infrastructure repairs prior to the sidewalk project in the budget. Discussion evolved about the best way to come up with 64000.00 for the project. Jane will contact the Merchants Bank, Jason to contact the Credit Union to find out what the interest rates on a 10 year and 20 year loan would be roughly. Jane is also going to also see if it possible to get a line of credit and then just get the loan for the actual amount we use.
C. Peter reviewed the Vision Statement with so changes in wording and the Board approved it.
D. Peter asked everyone to review all information and we would meet again on September 29th to finalize the Budget.
E. Budget meeting September 29, 2014
4. Meeting Adjourned: Meeting adjourned at 9:47 PM
Respectfully submitted,
Jane Maheux clerk/ treasurer -----------------------------------------
Peter Mitchell President