March 10, 2009

Resolution
The Board adopted a resolution to establish the “Senior Parity Bond Reserve Fund” at Commerce Bank, in the name of Water District No. 1 of Johnson County, with Michael J. Armstrong, General Manager, and Ronald E. Appletoft, Director of Finance, as authorized signers on the account.

Reserve Amount
The Board directed staff to transfer $6,080,639.00 from the Master Plan Phase V Reserves to the Senior Parity Bond Reserve Fund Account; to unreserve $12,161,278.42 from the Master Plan Phase V Reserves to the Water System General Fund to be available for continued funding to the Senior Parity Bond Reserve Fund; and to continue monthly transfers prior to the first of each month from the Water System General Fund to the Senior Parity Bond Reserve Fund of approximately one twelfth (1/12) of the Senior Parity Required Reserve Amount.

Refunding of Bonds
The Board authorized staff to proceed working with the necessary consultants to perform activities and prepare documents required to issue water revenue refunding bonds for the purpose of: advance refunding on Series 2000 Junior Lien Bonds and current refunding the Series 1996A Water Revenue Bonds and Series 1999 Water Revenue Refunding Bonds.

Contract Extension
The Board authorized a two-year extension to the Gladrey & Pullen LLP (McGladrey) contract to perform the annual examination of WaterOne’s financial statement for the years ending December 31, 2009 and 2010 at a rate of $49,500 and $50,000 respectively.

Acquisition of Pipeline for Project MP-04001
The Board adopted a resolution authorizing acquisition of necessary easements by eminent domain for Project MP-04001, 12-inch distribution main approximately 4,165 linear feet in length along Clare Road from 191^st Street to the South.

Acquisition of Pipeline for Project MP-05252
The Board adopted a resolution authorizing acquisition of necessary easements by eminent domain for Project MP-05252, 36-inch transmission main along 175^th Street from Ridgeview Road to Lackman Road.

Acquisition of Pipeline for Project MP-07003
The Board adopted a resolution authorizing acquisition of necessary easements by negotiation for Project MP-07003, 20-inch transmission main along 151st Street from Nall Avenue to Mission Road.

Acquisition of Pipeline for Project MP-06008
The Board adopted a resolution authorizing acquisition of necessary easements by eminent domain for Project MP-06008, 24-inch transmission main along 71^st Street from Clare Roaed to Hedge Lane Terrace.

Award of Contract
The Board awarded a contract for the Cleaning and Disinfection of the Monticello, Santa Fe and Wells Elevated Tanks, as well as the 183^rd Street Reservoir to CC Envirokleen Inc., the lowest, qualified, responsible and responsive bidder, in the amount of $50,788.00.

Amendment to Agreement
The Board approved an amendment to the Black & Veatch Four Year Capital Improvements Program and General Engineering Services Agreement for an Extended Period Simulation (EPS) Calibration for the distribution system All Pipes Hydraulic Model.  Due to offsetting under runs in other Black & Veatch services, the total combined billing limit for the agreement will not be increased.