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Minutes - Board - 1986-08-21MINUTES OF THE REGULAR ADJOURNED-MEETING BOARD OF DIRECTORS COSTA MESA SANITARY DISTRICT August 21, 1986 Call to Order The meeting was called to order by President Wahner at 7:30 p.m. Roll Call Present: Directors - Wahner-, Crank, Hanson, Green, Johnson Absent: Directors = ivone Officials Present: Bruce Mattern, Manager -- General Fund Director Hanson made a motion, seconded by Director Crank, that the Costa Mesa Sanitary District Budget General Fund No. 5391 for Fiscal Year 1986 -87 be approved in the amount of $3,696,851, Motion.: ^arried by the following roll call vote: AYES: Directors - Wahner, Crank, Hanson, Green; Johnson NOES: Directors - None ABSENT: Directors - None Roy June, Attorney Robert Oman, Finance Director Rob hamers;_Enginee Flotine Reichle, Assistant Secretary RESOLUTION Director Green made "a motion, seconded by Director NO. 86 -443 Hanson, that Resolution No. 86 -443; being a RESO- LUTION OF THE COSTA MESA SANITARY DISTRICT OF ORANGE COUNTY, CALIFORNIA, AUTHORIZING THE TRANSFER OF $340,752 FROM THE FACILITIES REVOLVING FUND TO THE GENERAL FUND OF THE DISTRICT, be adopted. Motion carried by the following roll call vote: AYES: Directors - Wahner, Crank, Hanson, Green, Johnson NOES: Directors - None ABSENT: Directors - None _ BOND ISSUE TAX Mr. Oman announced there were sufficient funds CODE AREA "B" available this past year-to payoff.:the'.bond issue dated October 1, 1956, levied upon all the - taxable property within the Costa Mesa Sanitary District_ Tax Code Area "B ", in the sum of $760,.000. - DISTRICT BUDGET Mr. Oman presented the Costa Mesa .3anitary.District FISCAL YEAR 1986 -87 Budget for Fiscal Year 1986 -87 in the total amolant of $3,915,875. After discussion, the budget.was-- approved as. follows: -- General Fund Director Hanson made a motion, seconded by Director Crank, that the Costa Mesa Sanitary District Budget General Fund No. 5391 for Fiscal Year 1986 -87 be approved in the amount of $3,696,851, Motion.: ^arried by the following roll call vote: AYES: Directors - Wahner, Crank, Hanson, Green; Johnson NOES: Directors - None ABSENT: Directors - None -- Construction Director Hanson made a motion, seconded by Director Fund Crank, that the Costa Mesa Sanitary District Budget -#, Sewer Construction Fund No. 5411 for Fiscal Year 1986 -87 be approved in the amount of $63,175. Motion carried by the following roll call vote: AYES: Directors - Wahner, Crank, Hanson, Green, Johnson NOES: Directors - None ABSENT: Directors - None -- No. 7 Truck Director Hanson made a motion, seconded by Director Sewer Fund Crank, that the Costa Mesa Sanitary District Budget No. 7 Sewer Fund No. 5441 for Fiscal Year 1986 -87 be approved in the amount of $860,987. Motion carried by the following roll call vote: AYES: Directors - Wahner, Crank, Hanson, Green, Johnson NOES: Directors - None ABSENT: Directors - None -- Facilities Director Hanson made a motion, seconded by Director Revolving Fund Crank, that the Costa Mesa Sanitary District Budget Facilities Revolving Fund No. 5451 for Fiscal Year 1986 -87 be approved in the amount of $1,565,872. Motion carried by the following roll call vote: ADJOURNMENT AYES: Directors - Wahner, Crank, Hanson, Green, Johnson NOES: Directors - None ABSENT: Directors - None President Wahner declared the meeting adjourned at 7:45 p.m. - 2 - 0