The following actions were taken at the June 8, 2010 Board meeting.

Water Revenue Bonds
The Board awarded sale of the 2010 Bonds to Hutchinson, Shockey, Erley & Co., Chicago, IL who submitted the best bid with an effective interest rate of 3.674516 %  (True Interest Cost method) and adopted a resolution authorizing issuance of $28,890.000 of Water Revenue Bonds, Series 2010 to fund improvements to the water system including a new Pump Station in the South Booster System.

Revised Retirement Plan
The Board approved an amendment to the Fifth Revised Retirement Plan.  This amendment does not alter the plan design nor otherwise impact benefit calculations.

Board Policy #24
The Board approved revisions to Board Policy #24, Water Quality, which relates to regulatory requirements and operational changes.

Change Order, Project MP-06007
The Board approved Change Order 17 to Project MP-06007 – Facility 3 (Phase V-A) Water Treatment Plant, for an increase in the contract amount of $159,776 with Grimm Construction Company, Inc. 

Project MP-05305
This item was tabled and will go back to the Operations Committee in July.

Change Order, Project MP-05305
The Board approved a change order to Project MP-05305 – Lab Improvements, for an increase in the contract amount of $28,479.00 with Feyerherm Construction, Inc.