Minutes March 15, 2004

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=125 BGCOLOR="#996699" TEXT="#080000" bgproperties="fixed" background="1da467d1erlcll.gif"> <div> <FONT SIZE="5" COLOR="#FFFFFF" FACE="Arial" ><B>Cornerstones Municipal Utility District</B></FONT><B>     </B><B>|     </B><A HREF="index.htm" TARGET="_top" TITLE="Cornerstones Municipal Utility District"><U><B>home</B></U></A></div> <div> back to<B>  </B><A HREF="id27.htm" TARGET="_top" TITLE="Archived Minutes"><U><B>Archived Minutes</B></U></A></div> <div> </div> </td> </tr><tr> <td valign="top" width=190 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <A HREF="id190.htm" TARGET="_top" TITLE="Minutes January 19, 2004"><U>Minutes January 19, 2004</U></A></div> <div> <A HREF="id196.htm" TARGET="_top" TITLE="Minutes February 16, 2004"><U>Minutes February 16, 2004</U></A></div> <div> <B>Minutes March 15, 2004</B></div> <div> <A HREF="id199.htm" TARGET="_top" 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in accordance with the duly posted notice of said meeting, with a quorum of directors present as follows:</div> <bR> <div>           Gary Hughes, Vice President</div> <div>           E.C. Norris, Secretary</div> <div>           John Irwin, Assistant Secretary</div> <div>           Darryl Box, Investment Officer</div> <bR> <div> And being absent:</div> <bR> <div>           Tony Garza, President   </div> <bR> <div> Also present were Kathie Naumow - Recording Secretary, Mary Jarmon of Myrtle Cruz, Inc., Dusty Lane of Eco-Resources, Inc., Marvin Zahradnik of Landev Engineers, Inc., Mark Brooks of Young & Brooks, Carl Sandin of Perdue, Brandon, Fielder, Collins & Mott, L.L.P., Greg Goodrum, Attorney for Florence Yonan, Bryan Yonan, and resident David Amstutz.</div> <bR> <div> The Vice President called the meeting to order and declared it open for such business as might come before it.</div> <bR> <div> <B><U>APPROVAL OF MINUTES</U></B></div> <bR> <div>      After discussion, upon motion duly made, seconded and unanimously carried, the minutes of the February 16, 2004 board meeting were approved as presented.</div> <div>  </div> <div> <B><U>QUESTIONS/COMMENTS FROM THE PUBLIC</U></B></div> <bR> <div>      Carl Sandin informed board the termination notice was sent on the Florence Yonan case and distributed copies of letter from her attorney Greg Goodrum regarding this matter.  Also informed the board the Gemcraft lot would be up for foreclosure in April.</div> <bR> <div> Attorney Greg Goodrum representing Florence Yonan requested a month respite to try and negotiate before termination of water/sewer service.  Termination of water/sewer was deferred to next month's meeting.  </div> <bR> <div> <B><U>ESTABLISH TAX EXEMPTIONS</U></B></div> <bR> <div> Jan Bartholomew distributed her prepared analysis to the board of the over-65/disabled exemption to be granted for the 2004 tax year.  After discussion, a motion was made and seconded to raise the exemption to $30,000.  The motion carried by three votes, with Darryl Box voting against the motion because he favored a higher exemption.  Also, upon motion duly made, seconded and unanimously carried, the board adopted a 20% homestead exemption.</div> <bR> <div> <B><U>TAX ASSESSOR/COLLECTOR'S REPORT</U></B></div> <bR> <div>      Bob Leared of Bob Leared Interests, Inc., the District's tax assessor, reported as to the status of District's tax collections.  Taxes Receivable 8/31/2003: $39,272.72, adjustments $6,904.31 total $46,177.03.  Original 2003 Tax Levy: $1,181,410.10, adjustments $58,689.60, total $1,240,099.70.  Total Taxes Receivable: 1,286,276.73.  Prior years taxes collected $7,555.03, 2003 taxes collected $1,185,304.90, Total $1,192,859.93.  Taxes Receivable at 2/29/2004: $93,416.807.  2003 Receivables: Debt Service $40,548.15, Maintenance $14,246.65.  Month of February 2004: beginning cash balance $409,499.94, total receipts $13,522.28, total disbursements $379,127.25, cash balance at 2/29/2004 $43,894.97.  Total Disbursements for month of March 2004 $18,258.39, remaining cash balance $25,636.58.  The district is 99.257% collected for 2001 taxes, 99.198% for 2002 taxes and 95.581% for 2003 taxes.  Upon motion duly made, seconded and unanimously carried, the board approved the tax assessor/collector's report and payment of the tax bills presented.</div> <bR> <div> <B><U>OPERATOR'S REPORT</U></B></div> <bR> <div> Dusty Lane of Eco-Resources, Inc., the District's operator, reported as to District operations and facilities and presented the February 2004 Operations Report.  Total connections for January 2004 were 1486.  New taps for Jan 14 - Feb 13 - 1; Sewer inspections completed - 2; Builder Inspections completed - 2; Customer Service inspections completed - 0; Net Rental Meter Change 0. The required 7 samples were taken during 2/2004.  Water production: Pumped 12,028,000 at Water Plant #1, Total supplied - 12,028,000, Daily Average - 414,758.  Subsidence Information: Estimated number of months available - 21.6, Permit months remaining - 10, Percent of permitted production - 8.45.  Water Accountability is at 94% Year to Date.  Total Operations Charges $10,661.81.  Total Current billing  $47,190.03.  Total Aged Receivables $10,519.92.  Total Accounts Receivables $57,709.95.  Facility Checklist completed: Water Plant #1 on 2/24/2004.  Inspections Completed: Fire Hydrants on 11/26/2003.  Total Deposits for February 2004 $52,454.10.  Disconnects/Reconnects income: $175.00.  Pull Fees: $0.00.  Provided Discharge Monitoring Report, number exceeded all zero.  Reported on repairs made and also presented the board with a copy of the Cornerstones M.U.D. Delinquent list.   </div> <bR> <div> Received 2 customer letters.  First one from Bubbles Car Wash states they normally use 300,000- 400,000.  Last Months (January) reading was 1,640,000.  780,000 over normal and requests an adjustment.  </div> <div> Dusty had meter checked and found nothing but will have Dane with Accurate retest the meter.  Second letter from Von Stuben, he has overpaid $675.00 and is requesting a refund.  </div> <bR> <div>      Presented estimate in the amount of $400.00 - $500.00 to fill in depression in Greenbelt area and an estimate in the amount of $5578.00 for a 100 ft x 8 ft x 5 in sidewalk placed on top of existing ground with curb cut. </div> <bR> <div> Upon motion duly made, seconded and unanimously carried, the board approved the operator's report and approved the refund of $675.00.</div> <bR> <div> <B><U>ENGINEER'S REPORT</U></B></div> <bR> <div> Marvin Zahradnik presented the Engineers Report.  No new requests for water and sewer.  Plans not received from Komar.  $1775 is the estimate for survey of the land next to drainage ditch.  The bank goes to property line.  Two options are 1) try and get Harris County Flood Control to clean out ditch or 2) put in 10 inch pipe inlet and tie into existing inlet to drain.  Board requests getting another estimate and photograph drainage ditch problems.  New Quest is ok and things are matching up.</div> <bR> <div> Upon motion duly made, seconded and unanimously carried, the board approved the Engineers report.</div> <bR> <div> <B><U>BOOKKEEPER'S REPORT</U></B></div> <div> Mary Jarmon of Myrtle Cruz, Inc., the District's bookkeeper, presented the monthly report.  Debt service funds available March 15, 2004 - $3,662,618.55.  Total Debt Service Requirements for 2004: $1,371,182.50.  Capital projects funds available March 15, 2004 - $361,221.77.  General Operating: Previous cash balance February 16, 2004 - $18,668.32, total deposits $52,488.93, beginning cash balance March 15, 2004 - $57,353.03.  General Operating Funds available March 15, 2004 - $1,283,922.10.  Included copy of budget for fiscal year ending September 30, 2004, Investment Report and Tex Pool Performance sheet.  Upon motion duly made, seconded and unanimously carried, the board approved the Bookkeepers monthly report.  After discussion, upon motion duly made, seconded and unanimously carried, the board approved said bills and ordered checks issued on the appropriate District accounts in payment thereof.  Also informed board of April 14th AWBD breakfast meeting being held at Marriott Greenspoint.  </div> <bR> <div> <B><U>CONDUCT HEARING ON TERMINATION OF WATER AND SEWER SERVICE </U></B></div> <bR> <div> The board conducted a hearing on the termination of utility service.  The operator presented a list of delinquent utility accounts that were delinquent by more than 60 days and reported that the customers have been given written notice 10 days prior to this meeting and the opportunity to appear before the board of directors to explain, contest or correct the utility service bill and to show reason why the utility service should not be terminated for nonpayment.  None of the customers on the list were present or have presented any statement on the matter.  After discussion, upon motion duly made, seconded and unanimously carried, the board authorized the operator to terminate utility service to the unpaid accounts in accordance with standard procedures.</div> <bR> <div> <B><U>APPROVE ELECTION OFFICIALS AND POLLING PLACES FOR PENDING DIRECTORS ELECTION</U></B></div> <bR> <div>      Election Day Location: Chesterfield Clubhouse.</div> <div> Election officials: to be determined.</div> <div> Candidates:     John Irwin, Tony Garza, E.C. Norris, David Christopher,    Reginald Celestine, and David Amstutz</div> <bR> <bR> <div> <B><U>CONSIDER AND POSSIBLY APPROVE PURCHASE AND SALE AGREEMENT FOR CREEKSTONE PARK/GREENBELT TRACT</U></B></div> <div>      </div> <div>      Mark Brooks presented board with draft of agreement.  Board approved draft and John will take it to the Creekstone HOA meeting next week to see if they approve.</div> <bR> <div> <B><U>AUTHORIZE ANY NECESSARY ACTIONS WITH RESPECT TO REQUEST REGARDING EXTENSION OF SIDEWALKS </U></B></div> <bR> <div>      Waiting on bid from DND Foundation.  Bid from TX Bulkhead was $5,187.00.  Will continue discussion next month.  Item tabled to next meeting. </div> <div>      </div> <div> <B><U>AUTHORIZE ANY NECESSARY ACTIONS WITH RESPECT TO GREENBELT TRACTS OR OTHER DISTRICT LAND </U></B></div> <bR> <div>           Landscaping completed.</div> <bR> <div> <B><U>PENDING BUSINESS</U></B></div> <bR> <div>      No pending business.</div> <div>      </div> <div> After concluding and there being no further business to come before the board, the meeting was adjourned. </div> <div>                                                                       _______________________________</div> <div>                                                                       Secretary</div> <bR> <div> Attachments:     Bookkeeper's Report</div> <bR> <bR> </td> </tr></table></body>