APPROVE ADJUSTMENT IN MONTHLY RETIREMENT INCOME FOR RETIREES
The Board approved an amendment to Section 5.08, adding Section 5.08 (b) of WaterOne’s Third Revised Retirement Plan.  There will be an increase to monthly retirement benefits of 1.0%, effective retroactively to January 1, 2003.  This will apply to all retirements occurring prior to January 1, 2002 and will be paid in August 2003, for a total cost of $13,807 to the Retirement Plan Fund Trust.

APPROVE ADDITIONAL 2003 FUNDING FOR DEFINED BENEFIT PENSION      
The Board clarified the Actuarial Asset Method being used by WaterOne’s Acturial consultant to determine funding contribution requirement for the Defined Benefit Plan.

AWARD CONTRACT FOR PROJECT 268
The Board awarded contract for Project 268- Highway K-7 Tunnel Crossing South of Prairie Star Parkway to GC Construction Company, the lowest qualified, responsible and responsive bidder, in the amount of $392,385 and accepted the additional alternative price for a 42-inch tunnel crossing at Monticello Road and Prairie Star Parkway in the amount of $35,875, through a Change Order.

3-YEAR CAPITAL IMPROVEMENT PROGRAM
The Board approved Amendment No. 15 to Black & Veatch 3-Year Capital Improvement Program and General Engineering Services Agreement for

Construction Phase and Resident Phase Services for Project 268.  The estimated cost to perform these services is $34,000 and $24,000, respectively and the total combined limit would be increased by $58,000.

AWARD CONTRACT FOR JOB NO. 4332007
The Board awarded contract for Job No. 4332007- Grit Flush, Fac. 1; Job No. 4332003- Replacement Pedestal Operators, Fac. Residual Pits; Job No. 4331007- Remove Boiler Fuel Tank from Fac. 1; and Job No. 4331005- Repair Sewer Line, Fac. 1 to Commercial Mechanical, Inc., the lowest qualified, responsible and responsive bidder, in the amount of $142,355.00.

AWARD CONTRACT FOR JOB NO. 6300022
The Board awarded the contract for Job No. 630022- Repair Tornado Damage To Missouri River Intake Roof Improvements to Kaw Roofing and Sheet Metal, Inc., the lowest qualified, responsible and responsive bidder, in the amount of $49,725.00.

INTERLOCAL AGREEMENT
The Board approved Interlocal Agreement with City of Spring Hill for Woodland Ridge Subdivision.

APPROVE BOARD POLICY NO. 32
The Board approved Board Policy No. 32- Board Member ID and Building Access Guidelines.