<\/p>\n
The Combined Lake Delhi Recreational Facility and Water Quality District<\/p>\n
Wednesday, February 16, 2022<\/p>\n
5:30 pm<\/p>\n
Lake Delhi Dam Office<\/p>\n
Zoom Meeting<\/p>\n
Delhi, IA 52223<\/p>\n
<\/p>\n
The regular meeting of the Combined Lake Delhi Recreational Facility and Water Quality District was called to order at 5:30 pm by Vice-President Althoff.<\/p>\n
Present: Jasper, Thompson and Althoff were present. Scherrman, Leonard and Burger were present via Zoom.<\/p>\n
Absent: Staebell<\/p>\n
Visitors: Ed Schmidt. Laurie Kramer, Maggie Burger & Randy Rattenborg via Zoom<\/p>\n
Althoff asked for a motion to approve the meeting agenda. A motion was made by Jasper, second by Thompson to approve the agenda. All ayes. Motion carried.<\/p>\n
Althoff asked for a motion to approve the minutes from the previous meeting. Scherrman made the motion to approve, seconded by Burger. All ayes. Motion carried.<\/p>\n
Claims were presented for payment in the amount of $31,090.42 from the General Fund for electricity, internet services, dam operations, clerical\/accounting expense, lobbyist expense, diesel generator inspection, HVAC repair, 2021 dam inspection, snow removal, engineering services, LP fuel and miscellaneous supplies. Motion by Leonard and seconded by Jasper to approve payments. All ayes. Motion carried.<\/p>\n
January financial reports were presented. The General Fund had revenues of $4,510.89 from Delaware County. Expenditures for January were $8,841.46 ending January at $2,115,063.97. The Debt Service Fund had revenues of $4,253.33 from Delaware County and no expenditures ending January at $192,736.36. The Dam Improvement Fund had no revenues and no expenditures ending January with a $50,000.00 balance. A motion was made by Leonard to receive and file the January financial report. Thompson seconded the motion. All ayes. Motion carried.<\/p>\n
Maggie Burger was present to provide the Trustees with information regarding the District\u2019s debt capacity along with surplus debt information. As of July 1, 2022, for fiscal year 2023, the District has a total debt capacity of $10,677,055 based on 5% of the District\u2019s 100% valuation of $213,550,108. The total debt outstanding of the District is $3,354,000 which leaves a remaining debt capacity of $7,323,505. The taxable valuation of the District is $116,172,820. There was also discussion on how freezing the debt service levy works and how it will benefit reducing the bond debt and reduce the remaining payments.<\/p>\n
The Trustees reviewed the proposed 2022\/23 budget. It was noted that the public hearing is scheduled for March, 10, 2022.<\/p>\n
A motion was made by Burger, seconded by Scherrman, to approve a resolution to approved a supplemental debt service levy in FY 2022\/2023 for the payment of principal and interest on GO Refunding Bonds, series 2017.<\/p>\n
Roll Call: Burger \u2013 Aye; Scherrman \u2013 Aye; Leonard \u2013 Aye; Thompson \u2013 Aye; Jasper \u2013 Aye; Althoff \u2013 Aye. Staebell \u2013 Absent<\/p>\n
Leonard made a motion to approve a letter to be sent to the IDNR approving an agreement with the Delaware County Conservation and the IDNR regarding water trail signage and to give Burger permission to sign said letter. Jasper seconded the motion. All ayes. Motion carried.<\/p>\n
Committee Updates:<\/p>\n
Water Quality \u2013 Leonard gave an update on the working being done for the dredge site.<\/p>\n
Community Events \u2013 Leonard noted that the fireworks for this coming year will be going up. The amount is not yet known.<\/p>\n
Dam Operations & Maintenance \u2013 Rattenborg reported that there were heating and electrical issues at the dam. Price Electric was called in and they replaced switches and noted a lot of corrosion. The same thing was found with the heater. The problem stems from humidity control. Rattenborg is working with Andrew Judd to see if they can find a solution to the moisture problem.\u00a0\u00a0 Rattenborg also noted that there is moisture coming in from the ceiling in the control room. Burger stated he has talked with Pat Colgan and the dam committee will be putting together a plan to deal with the issues and he noted that in the proposed budget money has been set aside for this project.<\/p>\n
Property Management \u2013 Scherrman reported on his observations of Lost Beach which he will send to the Board<\/p>\n
Finance\/Budget \u2013 Burger noted the date and location of the public hearing. It will be at the Delhi Fire Station on Thursday, March 10, 2022 at 5:30 p.m.<\/p>\n
Legislative \u2013 He noted the legislative session is ongoing and water quality is a hot topic with a lot of federal funds available.<\/p>\n
Dredge \u2013 Nothing else to report<\/p>\n
Wall of Recognition \u2013 Nothing else to report<\/p>\n
Public Comment: None<\/p>\n
A motion to adjourn was made by Burger, second by Leonard. Motion carried. Meeting adjourned at 6:12 p.m.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
The Combined Lake Delhi Recreational Facility and Water Quality District Wednesday, February 16, 2022 5:30 pm Lake Delhi Dam Office Zoom Meeting Delhi, IA 52223 The regular meeting of the Combined Lake Delhi Recreational Facility and Water Quality … Continue reading