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HomeMy WebLinkAbout1983-07-27HUNTINGTON BEACH PUBLIC FACILITIES CORPORATION MINUTES Meeting of July 27, 1983 The Regular Meeting of the Board of Directors of the Huntington Beach Public Facilities Corporation was called to order by President Wamhoff at the Huntington Beach City Corporation Yard at 3:00 P.M. on July 27, 1983. There were present from the Board: Houseal Wamhoff Nowlin Teixeira Absent from the Board: Sapp Also attending: Dan Villella, Financial Operations Administrator Donald W. Kiser, Assistant Secretary The meeting was called to order by President Wamhoff, and Roll Call was taken as recorded above. Motion was made and seconded to approve the May 25, 1983 Minutes, and the motion carried. Motion was made and seconded to approve the April 30, 1983 Treasurer's Report, and the motion carried. Motion was made and seconded to approve the May 31, 1983 Treasurer's Report, and the motion carried. Mr. Nowlin inquired as to the status of the annual audit and time anticipated for completion. Mr. Villella reported that the auditors were working on the audit at the present time, and that they should be completed in September. Mr. Kiser reported that the Revised Insurance Appraisals had been received and that the appraisal indicated a reproduction cost appraisal of $28,772,562 for the two facilities. In response to inquiry, it was reported that this amount was approximately six million more that the last appraisal of three years ago. Mr. Kiser gave the Civic Center report. He informed the Board that the pool modifications had been completed, that the concrete contractor had been paid, and that the invoice for the strainers and minor parts for the fountain system was being mailed. Inquiry was made as to whether there were any funds remaining from the $50,000. Mr. Kiser indicated that approximately $15,000 was spent for the carpet, $2,000 for jail sprinklers, and $11,000 for the pool; and that there were funds remaining but that no furthers project selections had been made. Mr. Kiser gave the Central Library report. He informed the Board that Mr. Moorhouse had submitted a memorandum to Mr. Thompson listing the several improvements recommended to be performed at the Library. These improvements included slurry sealing of the parking lot, concrete curbs for the parking lot, and four items of rennovations.of the Talbert Room. He indicated that the estimates ,listed by the Library staff totalled less than the $25,000 authorization from the Board. During Directors Comments, Mr. Nowlin suggested that the manner the Board used to provide the City with funds to be used at their discretion seemed to have worked out well, and that possibly a tickler should be made to at least consider similar action one year from the date of the last fund use authorization.He stated that at that time the Board could review the status of the Corporation funds as well as review the various projects accomplished by the City with the monies that had been provided. He suggested that such a consideration should be placed on the agenda at that time. No motion nor vote was taken, however other Board members agreed it was a good idea. Mr. Kiser informed the Board that upon completion of the various expenditures, he would prepare an itemized report of the items accomplished and the costs for each. The meeting was adjourned to the next Regular Meeting of September 28, 1983. ACCEPTED: William Wamhoff Jr. President Respectfully submitted, Donald W. Kiser Assistant Secretary Mary Elden Houseal Secretary/Treasurer