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HomeMy WebLinkAbout1989-05-25 - Resolution No. 89-12Page 2350 May 25, 1989 Director Knauft and seconded by Director Armstrong, the Board of Directors voted 4-0 to adopt Resolution #89-11 recognizing Warren Rodgers on the occasion of his retirement. Item 18. Resolution #89-12 recognizing John Wunders, Senior Engineering Aide, on the occasion of his retirement. President Sterling Fox recognized Mr. Wunders for his service to the District, and presented him Resolution #89-12. On a motion by Director Armstrong and seconded by Director Knauft, the Board voted 4-0 to adopt Resolution #89-12 recognizing John Wunders on the occasion of his retirement. Item 19. Presentation by Larry Kraemer, Director, Orange County Water District. Mr. Kraemer was not present for this report. DISCUSSION CALENDAR Item 20. Consideration of Agreement with Conrad & Associates for the June 30, 1989 fiscal year end audit. Business Manager Cheryl Gunderson briefly explained that the District is required by law to engage an independent auditor to audit the books and records annually. She stated that Conrad & Associates have been serving the District in this function since 1981, and have proposed serving the District for the upcoming June 30, 1989 audit at a cost of $9,000. After a brief discussion among the Board concerning the audit cost and the probable costs of audits during the upcoming year, on a motion by Director Knauft and seconded by Director Armstrong, the Board voted 4-0 to approve the agreement with Conrad & Associates in the amount of $9,000 for the June 30, 1989 fiscal year audit; and authorize the President and Secretary to execute the agreement. Item 21. Report on the Financial Statements for the nine months ended March 31, 1989. Business Manager Cheryl Gunderson made several corrections to pages 4, 5 and 7 relating to the Contributed Assets, Net Income, Total Liabilities and Fund Equity of the Financial Statement during her report. She further stated that previously made Board suggestions for improving the overall readability of the District's Financial Statements had been incorporated into this statement. After a brief discussion among the Board, on a motion by Director Knauft and seconded by Director Armstrong, the Board of Directors voted 4-0 to accept the Financial Statements for the nine months ended March 31, 1989 as presented. Item 22. Consideration of using the Yorba Linda Library for Board meetings during headquarters remodeling. Assistant Administrator Mike Robinson stated that as a result of the District office building renovation scheduled to begin in September, 1989, it has become necessary to find an alternate location for the the Board of Directors meetings during that period. Mr. Robinson explained that the multi-purpose room of the Yorba Linda Library is available to the District at no cost on the scheduled Board Meeting dates. After a brief discussion among the Board, on a motion by Director Cromwell and