General Board Meeting called to order at 1:30 p.m. by Chairman Mr. Schloss. Present were Directors Mr. Schloss, Mr. Bettag and Mr. Meyer, Chief Svetanics and Ms. Vincent. There were no citizens of the district present.
Pledge of Allegiance led by Chief Svetanics.
Mr. Schloss stated there is one addition to the agenda, Number 5.40 – Letter of Commendation. Motion by Mr. Meyer to accept the agenda as amended, 2nd by Mr. Bettag, roll call vote Mr. Schloss aye, Mr. Bettag aye, Mr. Meyer aye.
The Board reviewed and signed monthly expenses.
Review and discussion by the Board to approve the Resolution regarding Investment Policy tabled for Monday, March 2, after review and approval by District attorney Matt Hoffman.
Motion by Mr. Bettag to authorize the sale of 90 shares of MetLife Trust shares - Account No. 806613239018, with a market value of $2,168.10. Funds to be deposited into the General Fund Account, 2nd by Mr. Meyer, roll call vote Mr. Schloss, aye, Mr. Bettag aye, Mr. Meyer aye.
Agenda Addition 5.40:
The Board recommended that Chief Svetanics prepare a Letter of Commendation to recognize Lt. Douglas Michalski for time he worked while on sick leave.
Montgomery Bank President Donald Doherty and Tanya L. Pfadenhauer, Commercial Cash Management Officer, joined the meeting at 2:38 p.m. to discuss investments for District tax revenue. Investment decisions tabled until Monday, March 2nd at 11:00 a.m.
Motion by Mr. Bettag to adjourn general meeting at 3:28 p.m., 2nd by Mr. Meyer, roll call vote Mr. Schloss aye, Mr. Bettag aye, and Mr. Meyer aye.
Respectfully submitted,
John C. Bettag, Secretary
JCB/pgv