RIVER PLANTATION MUNICIPAL UTILITY DISTRICT BOARD MEETING MINUTES

November 30, 2005



DIRECTORS PRESENT: Max Mahaffey, T.D. Young, R.S. Harvill Jr., J.F Dillon, R.R. Smith

DIRECTORS ABSENT: None

OTHERS PRESENT: Richard Ramirez District Manager

The regular Board of Directors monthly meeting was called to order at 16:00, Max Mahaffey, President, presiding.


FIRST ORDER: CONFIRM MINUTES OF THE OCTOBER 27, 2005 MEETING

After review,Last paragraph in regards to RPCIA AZALEAS should have read (Mr. Young made a motion that "as a goodwill gesture only, we offer that" the RPMUD crew.....) Mr. T.D. Young made a motion to accept the October 27, 2005 minutes as amended. Mr. R.S. Harvill Jr. seconded the motion. Motion passed with unanimous vote.

SECOND ORDER: COMMENTS FROM PUBLIC

None

THIRD ORDER: REVIEW/SIGN RESOLUTION TO ELECT MONTGOMERY COUNTY APPRAISAL DISTRICT BOARD OF DIRECTORS


Board decided to cast it's five votes as follows;
Three (3) votes for John Weisner and Two (2) votes for Biff Picone. Mr. T.D. Young made motion to vote as indicated and R.R. Smith Seconded the motion. Motion passed with unanimous vote.

FOURTH ORDER: REVIEW ADMINISTRATIVE REPORTS

OCT. MANAGER'S REPORT
OCT TAX REPORT
NUMBER & AVERAGE USAGE OF WATER REPORT
FUND BALANCE REPORT
Administrative Reports Accepted As Presented


FIFTH ORDER: DISCUSS ANY NEW OR UNFINISHED BUSINESS

Old Business:

The manager presented the four bids received for new 300 KW generator at the sewer plant to replace old inadequate 125 KW there now. Only one bid included Tier III certification required in 2006. Manager will present again at next meeting with updated quotes for tier III and hopefully have more bidders for electrical installation. Only A&H Electric bid so far. Three others too busy at this time.

New Business:

Mr. Young reviewed a new program he is investigating that has received state approval. Promontory Interfinancial Network LLC's new program is known as Certificate of Deposit Account Registry ServiceŽ (CEDARS). Using CDARS can offer customers up to $20 million in FDIC insurance. Would simplify the board's diligent review of proper collateralization of bank accounts over $100,000 Further review will be made.

The manager reviewed information on rate increases by a consulting firm published in "Water World" magazine. Discussion to be continued in 2006 about our necessity to raise our rates to keep abreast with cost increases in chemicals & utilities. Last rate increase was believed to be in 2002. We hope to get rates from other MUDs to see how our rate structure compares.


At about 17:34 the President asked for motion to adjourn meeting. Mr. T.D. Young made motion and Mr. R.S. Harvill Jr. seconded the motion. Motion passed with unanimous vote. Mr. Mahaffey did adjourn meeting.
Minutes taken and prepared by Robert R. Smith, Board Secretary.




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Robert R. Smith Secretary