I.                    Call to Order – Al Clark

 

II.                  Flag Salute – Dianne Cruce

 

III.                Invocation – Tom Swire

 

 

Pat Burns, Lot 1194 mentioned that he had an aerobic system problem and the aerobic inspectors were very nice to him. He wanted the GM to be aware. 

 

Tom Swire nominated Al Clark for President. A voice vote took place. There were all ayes for Al Clark. Al Clark was nominated as President. Bob McDonough nominated Elaine Loard for Vice President. A voice vote took place.   There were all ayes for Elaine Loard. Elaine Loard was nominated as Vice President. Bob McDonough nominated himself for Secretary. There were all ayes for Bob McDonough. Bob McDonough was nominated as Secretary. Al Clark nominated Mark Zoeller for Treasurer. A voice vote took place. There were all ayes for Mark Zoeller. Mark Zoeller was nominated as Treasurer.

 

Treasurer Zoeller showed graphs as he explained his report. The first graph showed the cash balance has stayed in the $3 million - $4 million for whole year. He stated that we have enough money for a major project. The Net Cash for July 2009 is lower than July 2008. The Treasurer stated that he is having trouble reconciling this difference. He guesses it could be from pumping water into the lakes or possibly the changes in the billing cycle. The Year to Date revenues were lower this year than last year. Cash flow is lower, also. This could be from the lack of collecting facility fees. They hope to receive fees from the new homes that are to be built this year. Questions were asked of the Treasurer regarding the graphs that were shown. He noted that the differences between 2008 and 2009 could be due to the lack of staffing last year. He noted that we are fully staffed this year. To answer the Secretary’s question, the Treasurer stated that most of these funds are in Yosemite Bank’s CDAR account and safe. $226,000 are certificates of deposit that’s insured and $44,000 is in a Wells Fargo money market account. Pat Burns asked about the report noting $1084 being paid for income taxes? The treasurer explained that we are still subject to income tax on revenues that aren’t a part of our water operations. 

 

a.      Manager's Report – Ken Harrington

Manager Harrington entered his report into the minutes and entertained questions from the Board and audience. Director Cruce asked if he could put the dates that wells went off line in his report? To answer the Secretary’s question, the Manager explained that our water levels are doing fine, but are lower than that of past years. We aren’t using all wells. There is no need to as we are meeting customer demand with the wells we are using. The water tables are dropping, which is related to the drought. He doesn’t see any problems with water shortages this summer. President Clark asked if there is any upkeep in the off line wells. Mgr. Harrington explained that the only cost is to maintain the PG&E meter. This is less expensive than removing the meter. Treasurer Zoeller asked about the old wells. Would we consider re-drilling and bringing them back on line? Is there a need for it? Mgr. Harrington explained why we hold onto these wells, using well 41A as an example. It provides that ability to replace with another nearby well and not have to go through the environmental impact hoops. He explained that you’re better off re-establishing a known source of water than trying to drill a new well. You may get a dry hole. Director Swire asked if he had heard any information relative to the grant applications?   Mgr. Harrington was verbally notified that we weren’t awarded any of the funds. They changed the criteria at the last moment. 

 

   X.        Old Business

                        None at this time.

 

a.      Bank Signatures – Mark Zoeller

Treasurer Zoeller stated that this time of year is when they take old signers off the bank accounts and put new ones on. The previous years we had 5 signers and last year we had 4. The Treasurer read his proposed motion about the account signers.

 

Questions regarding the history of the signers were asked of Treasurer Zoeller.

  XII.   Director's Comments

Director Cruce announced a meeting on August 27^th hosted by the Madera Irrigation District from 5-6:30 regarding the water bank. She spoke of storage of water. She mentioned the cows that died in the Fresno River that may potentially impact the water. She has asked for an update from the Sheriff’s as to whether or not the cows have been removed. 

                        The Board adjourned to the Executive Session at 6:15pm.

                        The YSPUC Board adjourned the Executive Session at 6:25pm.