FOLSOM LAKE MUTUAL WATER COMPANY
Granite Bay, CA

November 29, 2005
7:00pm Granite Bay Library
Granite Bay, CA

Board members present:
Alan Johnston Rey Enos Barry Hale Ken Stram
Bill Zehnder was absent

President Alan Johnston called the meeting to order.

Alan presented his agenda and introduced the current Board members.

1. Secretary’s Report:
• The meeting minutes from October 2005 need to be revised regarding certain items. Pending comment from Barry Hale and Alan Johnston, the minutes were approved and accepted into the record.

2. Alan presented a brief accounting of the past years highlights.

3. Treasurer’s Report:
• Barry Hale presented a fiscal year statement for 2004 that showed a year end balance of $35,274.70. Also presented, was a budget for fiscal year 2005 to include October, November and December 2005, as well as a proposed budget for the new Fiscal Year 2006.
• The budget for the abbreviated FY 2005 was reviewed and a motion to approve was made. The Board voted 4 aye votes to approve the budget.
• A discussion took place regarding the proposed budget for FY 2006 including:
- The Home Owners Association will now be charged for the water consumption at the front landscaping along Ardea Way.
- It was noted the PCWA will be increasing the rate FLMWC must pay in 2006 by approximately 4% for consumption and 29% for the annual fixed fee.
- It was noted that our water rates from PCWA are comparable to other local water users.
- Alan noted the current fee for filling a swimming pool is $20.00. Due to the PCWA rate increase it was suggested that his fee be increased to $24.00
• A motion was made to approve this proposed budget for fiscal year 2006, the new fee to be charged to the Home Owner’s Association, as well as a $1.00 rate increase per month for each house service and $24.00 for pool refill. The motion was passed by the Board with 4 aye votes.

4. Watermaster’s Report:
• A new leak has been discovered along Walden Woods Way that will need to be repaired.

5. Public Comment:
• There was a question regarding the new construction at the front entrance at Ardea Way regarding the responsibilities of FLMWC and the Walden Woods Homeowner’s Association. Alan stated that the FLMWC had reviewed the improvements plans prior to the start of construction to ensure the water supply for FLMWC customers would not be compromised. That review and approval by FLMWC has been completed. The WW HOA has a different set of considerations that the FLMWC Board has no control over.
• Barry and Alan’s attention to monitoring the construction and providing oversight during numerous shutdowns and breakages was commended by all.
• The customers present indicated they thought the water pressure had improved over the past year

6. Alan requested nominations for the following year’s FLMWC Board of Directors. Alan and Barry stated their willingness to remain on the Board. Rey Enos stated that he would be stepping down from his seat on the Board. Ken Stram indicated his desire to give up his seat on the board and his willingness to continue to serve as a consultant. Bil Zehnder was absent, but it was reported that he also wished to give up his seat. Hal Eilersen was present and volunteered to take over a position. Those nominated and elected to the 2006 FLMWC Board of Directors were Alan Johnston, President, Barry Hale, Treasurer, Hal Eilersen, Secretary, and Kenneth Stram, Director at Large (until a replacement can be found). The Vice President position is open, and a replacement for Ken Stram needs to be found.

A motion to adjourn the meeting was made, seconded, and approved.