All-Member Annual Meeting 6/4/2020 Slide 1 Introductions Office - - PowerPoint PPT Presentation
All-Member Annual Meeting 6/4/2020 Slide 1 Introductions Office Manager: Attorney: Linda Green Robby Dreyfus, Jr. Operations Manager : Engineer : Don Felter Stanley Spradling Senior Water Operator: Darin Billheimer Employees : 10
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6/4/2020
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Office Manager: Attorney: Linda Green Robby Dreyfus, Jr. Operations Manager: Engineer: Don Felter Stanley Spradling Senior Water Operator: Darin Billheimer Employees: 10 Directors: Eddie Gibson Jim Duncan Lou Limerick (Secretary/Treasurer Paul Goldman (Vice President) Todd “Ike” Kiefer (President)
Introductions
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◼ Call to Order and Proof of Quorum ◼ Proof of Notice of Meeting ◼ Review Minutes of Previous Annual Meeting ◼ Reports of Officers and Committees ➢ Operations Report ➢ Financial Report ➢ FYE2021 Budget ◼ Unfinished Business (None) ◼ New Business ➢ Vote on Resolution to Amend Articles and Bylaws ➢ Members opportunity to speak ◼ Election of Two Directors ◼ Adjourn
Agenda
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Notice of Meeting
facebook.com/northlauderdalewater
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Notice of Meeting
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Minutes
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Plants, Service Areas, Board Members
Jim Ike Paul Eddie Lou
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➢ Excellent Water Quality:
2019 Water Quality Report (CCR) is posted Zero EPA or MSDH exceedences or violations
➢ Effective Management:
5.0 perfect score on annual MSDH inspection Member complaints remain low
➢ Focus of Effort in Past Year:
Mapping system Replacing & upgrading water mains Reducing leaks & improving pressure New Website Researching Broadband
FYE2020 Performance & Projects
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FYE2021 Projects
➢ Upgrading well at Plant 2
(in work)
➢ Deploying flow & pressure
sensors throughout area
➢ Broadband service from our
tanks (if approved)
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Broadband
Navy Housing
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APRIL 30 2020
FYE2020 Preliminary Financial Statement
➢ Annual audit nearly complete
Draft Balance Sheet and Activity
Statement available
Final Report will be posted on
website by end of July
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FYE20 Performance v. FYE21 Budget
Total Revenue: $2.3M Net Income: $255k
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www.northlauderdalewater.com
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◼ Please stand and ask the president to be
recognized
◼ When recognized or when making a motion,
please state your full name and town for the record.
◼ Please limit comments to 5 minutes as a
courtesy to others
New Business (Member Comments)
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◼ Clarify that Membership is tied to ownership of a served
property
◼ Clarify that patronage capital is a property right that is
attached to ownership of a served property
◼ Clarify that a Member gets 1 vote regardless of number of
served properties / membership certificates
◼ Change annual meeting to 3rd Thursday in July ◼ Specify the number of directors is 5 ◼ Specify compensation for directors:
➢ $100 honorarium per meeting ➢ $25/hr for officer & committee business (not routine office work)
◼ Establish quorum at 1% of members and allow proxy
voting and online voting
Amendments to Articles and Bylaws
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◼ Allow Association to provide “additional utility and
incidental services” to its members
➢ Broadband to members ➢ Broadband and Water line repair to Navy Base
◼ Align with the Mississippi and IRS-mandated process for
distributing assets should the Association ever be dissolved
Amendments to Articles and Bylaws
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Board Resolution
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Member Resolution
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◼ Two Director positions are up for election
➢ 3-yr term (incumbent Lou Limerick up for re-election) ➢ 3-yr term (incumbent Paul Goldman up for re-election)
◼ Only Association Members can nominate and vote
➢ Owner of served property and in good standing
◼ Vote is by paper ballot for each position
➢ Each member should have two paper ballots – one for each
position
◼ Candidate gaining majority of quorum wins the seat ◼ Unsuccessful candidate can be renominated for
remaining seat
Election of Board of Directors
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