NORTH COAST RAILROAD AUTHORITY (NCRA)

 FINANCE COMMITTEE MEETING

 

MINUTES

 

MARCH 13, 2002 9:00 A.M.

 

WILLITS CITY COUNCIL CHAMBERS

111 EAST COMMERCIAL STREET, WILLITS, MENDOCINO COUNTY, CALIFORNIA, USA

 

AND BY TELECONFERENCE FROM

 

EUREKA DEPOT

4 WEST SECOND STREET, EUREKA, HUMBOLDT COUNTY, CALIFORNIA, USA

 

A.                 CALL TO ORDER

            The meeting was called to order at 9:00 a.m.

 

B.                 ROLL CALL 

            Directors present:  Second Vice Chair Leo Sears, Bob Simonson, and Dan Opalach.

Also present:  Executive Director Max H Bridges, Assistant Executive Director Douglas Christy, Property Manager Cyndee Logan, Administrative Assistant Pamela Fishtrom, and various members of the public.

 

C.                 AGENDA APPROVAL

           

Dir. Simonson approved the Agenda as written.

 

D.                PUBLIC COMMENTS

None.

 

E.                 CONDUCT OF BUSINESS

1.            Review Proposed Budget for Fiscal Year 2002-2003

Mr. Bridges responded to questions about the proposed budget, and these suggestions were provided:

§         prepare and distribute, separate from the budget, a break down of individual travel expenses

§         money for the long-range plan should carry over to next year in that it was not spent

§         office expense-rents and utilities needs investigation in that it increases 500%

§         when an amount exceeds budget, there should be further Board action before spent

§         include a line item for company car maintenance

§         distribute a break down of property management revenue

§         prepare and provide a worksheet on how budget items are figured  

 

Members of the Committee agreed to recommend to the full Board adoption of the proposed budget with the exception of Item 3 eliminating the monthly stipend paid to the Property Manager.

               

F.                  ADJOURNMENT

            The Meeting was adjourned at 9:40 a.m.