YOSEMITE SPRING PARK UTILITY COMPANY
30250-B Yosemite Springs Parkway
Coarsegold, CA 93614
Telephone (559) 658-7451 / Fax (559) 658-7866
MINUTES OF THE
MONTHLY BOARD MEETING
JANUARY 1, 2009
CALLED TO ORDER AT 5:40 PM
I. Call to Order – Terry Lowe
II. Flag Salute – Al Clark
III. Invocation – Tom Swire
IV. Roll Call & Establishment of Quorum – Directors Present
Terry Lowe, President Al Clark, Vice Present
Mark Zoeller, Treasurer Craig Mommer, Director
Elaine Loard, Director Tom Swire, Director
V. Approval of Minutes – 11/18/08
Motion: A motion was made to approve the November 18, 2008 minutes. M/S/C (Swire, Clark) Voice vote. Ayes: 6, Nays: 0. Motion carried.
VI. Public Comment
Pat Burns, Lot 1194 made note to the different towns in the state that don't have water. He thanked the YSPUC Board of 6 years prior for their solutions that helped the water company.
VII. Financial Report – Mark Zoeller
Treasurer Zoeller stated that the income for 2008 was down, but it was basically on budget, which was anticipated. The Net Cash from Operations was down for the third consecutive year, partly due to the water usage and the facility fee income. The cash position is quite good. The cash is higher than this time last year. This is partly due to not spending much on cash expenditures. He noted that the largest amount of funds is in Yosemite Bank. One of the problems we have is that there is more than $250,000 in the non-CDARS account. Premier Valley put maturing CDARS in money market accounts by mistake. They will be fixing this tomorrow. We are making 1% in the CDARS account and .1% on the money market accounts. Vice President Clark asked if there is any weakness due to the present economy? GM Neveu stated that we were, but we're looking into it, extending payment plans aggressively over the past four months. The economy is causing an impact on all bills.
VIII. YSPUC Update Report
a. Manager's Report – Ken Harrington
Manager Harrington requested that his report be entered into the minutes as an attachment and will entertain any questions the Board should have for him regarding his report. President Lowe asked about Well 49A and if there was a response from DHS? Mgr. Harrington said that DHS has reviewed all of the water quality analysis and that it meets water quality standard. He needs to prepare a SWAP document and provide them with a copy of the drillers report. Then they can complete the connection of the well to the system. After which, they will come and inspect the site and sign it off which will allow us to operate the well. This well will be up and running in time for the increased usage period. We are not in need of the well at this time. There is no current concern about water production. Director Loard asked about the water tank on Lilley Mountain and Big River. Mgr. Harrington explained that this is an overflow that is plumbed out to the front of the tank. This tank doesn't have a site gauge that shows the level of the tank, which in turn signals the pump control equipment. This equipment was sending a wrong signal that was making the pump work when it wasn't necessary. This problem has since been corrected.
IX. Old Business
None at this time.
X. New Business
None at this time.
XI. Director's Comments
None at this time.
XII. Board to Adjourn to Executive Session
Not at this time.
XIII. Adjournment of Meeting
A motion was made to adjourn the YSPUC Board Meeting. M/S/C (Clark, Zoeller) Voice vote. Ayes: 6, Nays: 0. Motion carried.
The Board Meeting adjourned at 6:00pm.
