Minutes Board of Directors Meeting - May 27, 2003

Open Board Meeting called to order at 10:07 a.m. by President Mr. Stonebraker. Present were Directors Mr. Stonebraker, Mr. Schloss, Mr. Bettag, Chief Svetanics and Ms. Vincent.

The purpose of this meeting was to discuss and approve monthly expenses.

Mr. Bettag stated that we are having an open meeting on June 2 at 8:30 a.m. with the District’s accountant, Joe Schnieders, to formulate a new format for monthly financial reports.

There being no more business, motion made by Mr. Stonebraker to adjourn the Board meeting at 11:40 a.m., 2nd by Mr. Schloss, roll call vote all ayes.

Respectfully submitted,



Jerry G. Schloss, Secretary

JGS/pgv