May 20, 2008

            General board meeting called to order at 3:00 p.m. by Chairman Jerry Schloss.  Present were Directors Mr. Schloss, Mr. Bettag and Mr. Meyer, and Ms. Vincent.  There were no Citizens from the District present.

            The purpose of this meeting was to discuss and approve monthly expenses.  Checks were reviewed and signed. 

            The Board reviewed the lockbox figures.

            Motion by Mr. Meyer to re-invest the matured $100,000 Medical Fund CD with Midwest BankCentre for a 60 day CD designated under the Medical Fund, 2^nd by Mr. Bettag, roll call vote Mr. Schloss aye, Mr. Bettag aye, Mr. Meyer aye. 

            Motion by Mr. Meyer to invest $200,000 from the Capital Improvement Fund Account at Midwest BankCentre into a 60 day CD designated under the Capital Improvement Fund, 2^nd by Mr. Bettag, roll call vote Mr. Schloss aye, Mr. Bettag aye, Mr. Meyer aye. 

            Motion by Mr. Bettag to adjourn the general meeting at 3:42 p.m., 2^nd by Mr. Meyer, roll call vote Mr. Schloss aye, Mr. Bettag aye, Mr. Meyer aye. 

                                                                                    Respectfully submitted,

                                                                                    John C. Bettag, Secretary

JCB/pgv