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HomeMy WebLinkAboutMinutes - North Fork Water Company - 03/30/1979NORTH FORK WATER COMPANY BOARD MEETING MARCH 30, 1979 A meeting of the Board of Directors of the North Fork Water Company was held on March 30, 1979 at 7:30 p.m. at the office of the East San Bernardin~ County Water District, 1155 Del Rosa Avenue, San Bernardino, California. Directors Present: Arnold L. Wright Elizabeth Kiel Joseph A. Rowe Laird Roddick Dennis L. Johnson Rod Hanway Victor Ray Others Present: Harold M. Fones, Secretary-Treasurer Mrs. Joe Rowe Mrs. Arnold Wright Mr. Kiel The Secretary read the Minutes of the meeting of April 27, 1978 and it was moved by Director Rowe, seconded by Director Roddick and carried to accept the Minutes. President Wright stepped down from the chair and turned the gavel over to Director Rowe. It was moved by Director Johnson, seconded by Director Kiel to re-elect the existing officers: Arnold Wright, President; Larid Roddick, Vice- President; Harold M. Fones, Secretary-Treasurer. A unanimous ballot was cast. Assessments were discussed for the coming year. it was moved by Director Roddick, seconded by Director Ray and carried that the $2.00 assessment be continued for one more year. The delivery schedule of three inches per share was discussed and found to be a highly successful operation in the past year. Credit for the successful operation belongs largely to Bill Hiltgen and revised schedule. It was moved by Director Kiel, seconded by Director Roddick and carried to authorize delivery of three inches per share for the coming irrigation season. Director Rowe asked about changing dates on the delivery schedule. It was pointed out that changing dates would entirely disrupt the even flow schedule that had been worked out, and changing days was not feasible. Director Rowe asked about the liability for the turnout of water at the North Fork connection with the San Bernardino Valley Municipal Water District pipeline. After much discussion, it was determined that such liability was much the same as any other liability, in that water could erode from negligent acts anywhere along the long ditch and the potential for negligence at this point was not deemed to be signi~cantly different than other points on the ditch. N? 84 DIRECTOR JOHNSON LEFT THE MEETING AT 7:50 P.M. President Wright indicated that they would like to pay Bear Valley 6,000 in July to offset expenses for the coming year. It was moved by Director Kiel, seconded by Director Roddick and carried unanimously that such a payment be made. President Wright indicated that a five percent raise had been authorized for the zanjero by the Bear Valley Mutual Water Company on February 1, 1979. It was moved by Director Roddick, seconded by Director Hanway and carried that the North Fork Water Company approve the five percent raise. President Wright directed the Secretary to inform Horace Hinckley, of Bear Valley Mutual Water Company, on any subdivision that is in the works for the North Fork Canal and that we continue the review committee of the president, vice president and secretary, to review all developments on the canal. If the matter cannot be resolved by this committee, a Board Meeting would be called. Financial matters for the coming year were discussed. It was moved by Director Rowe, seconded by Director Roddick and carried that a $15,000 CD be purchased from the Bank of America for six months and the balance be put into savings with Santa Fe Federal Savings and Loan. Discussion followed the motion that we must be careful not to violate the existing Internal Revenue Service requirements that no more than 15 percent of our annual income is derived from non-user charges. Resolution 1979-1 - BANK DEPOSITOR AGREEMENT - SIGNATURE CARDS - BANK OF AMERICA - CHECKING ACCOUNT Resolution 1979-2 - BANK DEPOSITOR AGREEMENT - AUTHORIZATION TO PURCHASE 15,000 C.D.'S - BANK OF AMERICA - SIGNATURE CARD Resolution 1979-3 - BANK DEPOSITOR AGREEMENT - SIGNATURE CARD - SANTA FE FEDERAL SAVINGS & LOAN ASSOCIATION - SAVINGS ACCOUNT There being no further business, it was moved by Director Ray, seconded by Director Kiel and carried, to adjourn the meeting at 8:30 p.m. Harold M. Fones, Secretary