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October 14, 2020 District No. 2 Meeting Minutes

 

MINUTES

Of the

MEETING OF THE COMMISSIONERS

Of the

BUFFALO RAPIDS IRRIGATION DISTRICT NO. 2

Terry, Montana

October 14, 2020

 

The Sixth Regular Meeting of the members of the Buffalo Rapids Irrigation District No. 2 at Terry, Prairie County, Montana, was to be held on the fourteenth day of October, 2020 at 7:00 p.m.

 

            There were present and participating at the meeting:

 

Scott Sackman

 

Also present and participating were: Tim Kortum, Secretary; Pat Davis, Treasurer.

 

            Vice President Scott Sackman could not call the meeting to order.

 

            Thereupon, Vice President Scott Sackman announced that legal notice had been given and a quorum was not present so that the meeting could not be held.

 

           

            FINANCIAL REPORT:

 

            Pat Davis presented current budget figures which included payroll and expenditures for October.  A list of invoices to be paid was submitted to the Vice President and the Secretary of the Board, and forms for the Prairie County Treasurer to transfer funds in the amount of $77,588.04, to cover payroll and invoices were signed.  October 15th estimated payroll: $17,036.66; October estimated invoices: $45,064.88; October 31st estimated payroll: $15,486.50. Transfer authorization forms were also signed for a total amount of $20,608.15, to transfer funds from System Rehab Reserve account to District 2 Cash O & M for motor expenses to Malloy Electric, and $24,138.01 for October operating revenue, due to unforseen expenseses.   Investment transfer was also signed to invest the remaining monthly District No. 2 cash balances in the amount of $344,096.09 with Prairie County Pool. 

 

             

 

            ATTESTED:

 

________________________________        ____________________________________

Tim Kortum, Secretary                                                           Barry Rakes, President

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