HomeMy WebLinkAbout018112 Regular MeetingPUBLIC FACILITIES DISTRICT BOARD
January 18, 2012
MINUTES
CsL To Order:
The meeting w called to order at 4:00p.m., by PFD President Bob Tippett, in Conference
Room #1 at Pasco City Hall.
Ro" Cauc
Board Members Pr¢s¢nt Bob Tipp¢tt, Spence Jilek, Mark Mov- rissette, aad Leonard Dietrich
and John Merle (vva teleconference)_
Also Pre ent: Gary Crutcfif.¢ld, PFD ChieF Administrative O{{acer and Stan Streb¢I, Deputy
City Manager.
Approval or Minutes:
It w motioned by Mr. Morrissette, seconded by Dr. Jilek, and carried to approve rive
ts o {the October 19, 20l 1 regular meeting.
It 1nuw otioncd by Dr. Jilek, s nded by Mr_
vn Morrissette, and carried to approve the
ut¢ of November 28, 2011 special meeting.
It was motioned by Mr. Dietrich, s onded by Dr. Jilek, and carried to approve the
minutes o {December 12, 2011 special meeting.
Claims Approval:
Mr. Crutchseld presented third quarter Claims History, and Expenditure Activity per the
Account History_ Following discussion, it w motioned by Dr. Jil t s onded by Mr.
$114,1 1 1 and carried to approve payment of fouatta quarter claims in theetotal amount or
$114,161.18.
Fivaucfal Report:
Mr. Ctvtchfield presented the Y'ourth quarter Operating Statement reflecting actual Total
Sources o£ Funds $346,995 and actual Total Uses o£Funds $356,893. The fourth quarter Net
Assets Statement was also presented reflecting an actual Net Asset balance o£ $86,803.00.
Following discussion, the Financial Report was approved as presented.
ola sas:ness.
Mr. Strebel provided a brie£ update on the Ballard "King 8c Associates Tr: Cities Aquatic
Center Operations Pro -Forma Review and shared the c sultant would like to meet with
each Board Member to gather iasight regarding anticipated market conditions and facility
Pi 1-1I YAC11 -17rms DTSTRiC"r BOARD
Minutes — January 18, 2012
Page - 1
expectations. Mr. Strebel will coordinate and schedule meeting opporaalnities for each
Board Member during the time£rame o£February 1st through 2ntl.
N¢w Busiu¢ssa
Pr000s¢d 2012 Bnd¢¢t
Mr. Crutch5eld presented the proposed 2012 Budget retlecting a Beginning Fund Balance or
$62,255. Followiug discussion, it w motioned by Mr. Morrissette, seconded by Dr. Jilek
and carried to adopt the 2012 Budget reflecting the Begitming Fund Balance o£ $86,803.00.
Status R¢ootYa R¢aioual PFD
Mr. Strebal provided history ragarditag the most r ettt ftcgioaal PFD Board meeting, that
embers w e poised to a ute a coasultaat contract, however due to a lack or appropriate
member representation the meeting was postponed until February 8, 2012.
Oth¢r BaSia SS
None to report
Aa�oaram¢ar_
There being ao other business, President Tippatt adjourned the meeting at 4:48 p.m.
�� 1QA I ero
Bob Tippett, President Debra L_ Clark, FD
PUBLIC FAC3L1T1ES OiSTRiCT BOARD
Minu[c — Sanuary 18, 2012
y
Page - 2
PASCO PL733LIC FACILITIES DISTRICT
2012 Operating Budget
2012
Operating
Budget
R¢ venues:
Beginning Fund Balance $ 86,803
Sales Tax 325,000
Trans£ars In - City o£pasco (Interlocal Agreement) 20,000
Interest Income 95
Total Sources o£FUnds $ 431,898
Expenditures
Legal Services
$ 1,000
Professional Services
30,000
AdvertisingBublicarions
1,000
Insurance
2,800
Kenn¢wicic PFD
325,000
Administrative Services
7,200
Total Expenditures
369,000
Ending Fund Balance
64,898
Total Uses o£Funds
$ 431,898