Minutes - Investment - 2005-02-10 C g _ 7p , -1P"' &)
COSTA MESA SANITARY DISTRICT
MINUTES OF INVESTMENT OVERSIGHT COMMITTEE MEETING
FEBRUARY 10, 2005
CALL TO ORDER The meeting was called to order at 5:15 p.m. by the District Manager,
Mr. Rob Hamers.
ROLL CALL Committee Members Present:
President Jim Ferryman (rotating committee member)
Director Arlene Schafer(rotating committee member)
Mr. Rob Hamers, Manager/ District Engineer
Committee Members Absent:
None
® Staff Members Present:
Mr. Tom Fauth, Assistant Manager
Ms. Wendy Davis, Treasurer
Ms. Sherry Kallab, Accountant
NEW BUSINESS Review Building Repair Emergency Reserve
Ms. Davis discussed the possible need for the District to establish a
Reserve Fund for emergency repairs to the District's new headquarters
building. The discussion included other types of Reserves and other
Special District's policies. Discussion followed.
PUBLIC COMMENTS There were no items discussed under public comments
ADJOURNMENT The meeting adjourned at 5:58 p.m.
Approved by:
CiLlas:Li.' A %YM
CSecretary, Costa Mesa Sanitary Distri t Pr- ..ident, Costa Mesa nitary District
Board of Directors ' Board of Directors