WOODROW-OSCEOLA WATER SUPPLY CORPORATION
REGULAR BOARD MEETING
JANUARY 12, 2016
Item 1: Call Meeting to Order
President Bills called the Regular Board Meeting to order at 6:30 P.M., January 12, 2016. All Directors were present, along with Manager Malcolm Tucker.
Item2: Approve Minutes
Johnnie Bankston read the minutes from the December 08, 2015 Regular Board Meeting. John Milburn made a motion to approve the minutes as read. Linda Hasselstrom seconded. Vote was unanimous.
Item 3: Directors Source and Application of Funds
Malcolm Tucker presented the Source and Application of Funds. Johnnie Bankston asked, Malcolm about the $40,000.00 he told her he transferred from the savings account? He said, it was $50,000.00 and it is back in the savings. She stated, the Source did not reflect the transfer or the return of the money to the savings. He said, it would not be shown on the Board’s Source and Application of Funds. Johnnie stated, it should be shown, so the Board is aware of all transactions taking place and the monies the Corporation has accumulated. After discussion, a decision that no monies be transferred without prior approval by the Secretary/Treasurer and the President was put into place, as well as signatures of all parties. Ray Mershawn made a motion to accept the Source and Application of Funds as presented. Linda Hasselstrom seconded. Vote was unanimous.
Item 4: Membership Changes
Sandra Chilcutt made a motion to accept New Membership-None, Transfers-2, Sellbacks-1 and Revokes-None. Charles Jones seconded. Vote was unanimous.
Item 5: Replace Vehicle
Tabled to get trade in value for 2007 Ford 1T. Also, Charles Jones will be checking on the value, if the Corporation sells the truck. Truck Replacement will be placed on the February agenda. The bids we have received for a new l ton: Cole Ford-$42,900.00 and Gloff Ford-$46,186.00 and Dodge Ram- $42,900.00. All bids are for a Diesel 1T, 4×4, Crew Cab, White with silver interior and standard transmission and no bed.
Item 6: CUSI Billing Software
Malcolm discussed, some of the features of the CUSI software and stated it is something for the future. He stated, the starting package would be $15,000.00 and a $1500.00 fee yearly. Also, he stated there was nothing wrong with RVS. The item was tabled for a later date.
Item 7: Public Comment
None
Item 8: Directors and Manager Comments
John Milburn asked, how much the gas company owes the Corporation for hitting our water lines? Malcolm said, at this time they owe us $5,700.00. Sandra Chilcutt asked, if the morale of the employees was good? He said, yes everyone was happy. Malcolm told the Board he had very good news. Patrick Saylor got his Class C license and Gary Brown got his Class D license. He asked, if we still felt the $1.00 an hour raise should be given? The Board said, that was the rule. Linda Hasselstrom stated, Patrick was the nicest person and Johnnie Bankston agreed.
Item 9: Executive Session
None
Item 10: Adjourn
Sandra Chilcutt made a motion to adjourn at 7:55 P.M. Linda Hasselstrom seconded. Vote was unanimous.
Respectfully Submitted,
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Johnnie Bankston
Secretary/Treasurer