BOARD OF DIRECTORS’ MEETING
MEETING MINUTES
THURSDAY, AUGUST 3, 2006
CALL TO ORDER
PLEDGE OF ALLEGIANCE
Also Present:
James P. Hannan, Roger W. Foley, Jr. Esq.,
Engineer John Balewski, and
A quorum was established and the meeting commenced at 6:01
PM.
RECEPTION OF VISITORS:
A.
Robert Selai:
Mr. Hannan
explained the Tort Claim Act and told Mr. Selai that we would look into the
sewers along
B.
Dave Martin:
The board discussed this issue with
Mr. Martin and viewed photographs of the area in question.
C. Chip McCarthy,– HT Capital Markets presented
a proposal to modify Basis Swap of 2005.
1. On motion (Mangino/Babjak) approved the minutes
from Board Meeting June 29, 2006.
Vote: 4 yes (RB, GL, LM, AK) and 1 absent (GM).
2. On motion (Labosco/Mangino) approved the Treasurers’
Report for June 2006.
Vote: 4 yes (RB, GL, LM, AK) and 1 absent (GM).
3. On motion (Babjak/Labosco) ratified the July
2006 bills.
Vote: 4 yes (RB, GL, LM, AK) and 1 absent (GM).
4. On motion (Mangino/Babjak) approved Requisition
#85 in the amount of $25,310.23 as draw down against Consent Order, Bond Series 1998, by US
Bank Trustee,
Vote: 4 yes (RB, GL, LM, AK) and 1 absent (GM).
5. Report of the Solicitor.
6. Report of the Engineer.
7. Report of the General Manager.
A.On
motion (Mangino/Labosco) approved a resolution for the execution of the CDBG
project(s)
in the
Vote:
4 yes (RB, GL, LM, AK) and 1 absent (GM).
8. Old Business.
A.
On
motion (Mangino/Labosco) a payment of $1,344.00 was approved for David Martin
for repairs
to his driveway.
Vote:
4 yes (RB, GL, LM, AK) and 1 absent (GM).
9. New Business.
A.
Motion to refund to Norma Milazzo, formerly of
Vote:
4 yes (RB, GL, LM, AK) and 1 absent (GM).
B.
Motion to refund to Richard Martonik, formerly of
Vote: 4 yes (RB, GL, LM, AK) and 1 absent (GM).
C.
Motion to refund to HUD, for sewage paid on property
at
Vote:
4 yes (RB, GL, LM, AK) and 1 absent (GM).
D.
Motion to refund to Paul Heberling, of
Vote: 4 yes (RB, GL, LM, AK) and 1 absent
(GM).
10. Executive Session
11. On motion (Mangino/Labosco) the meeting adjourned at 7:42 PM.
Vote: 4 yes (RB, GL, LM, AK) and 1 absent (GM).
Respectfully
Submitted:
Leah Mangino, Secretary