PORTER AND PORTER OFFICES
JUNE 25, 2004
A quorum was established with the following Board members present: Leslie Bonet, Bill Brodeur, Johnny Hart, Bill Meadows, and Ron Sleeper. Attached is a list of all persons who attended the Board meeting.
The meeting was called to order by Bill Meadows at 10:15 a.m.
Mr. Meadows welcomed new Board members, Leslie Bonet and Bill Brodeur.
A motion was made by Mr. Sleeper to approve the agenda; seconded by Mr. Hart. Approval was unanimous.
A motion was made by Mr. Hart to approve the minutes from the May 14, 2004 Board meeting; seconded Mr. Sleeper. Approval was unanimous.
Jim Porter, the Board attorney, reported on the Board insurance policy and that an Attorney General opinion was likely to be issued that would have a possible impact on the Board regarding refunds on governmental accounts.
Lynne Boucher, the Board accountant, gave the financial report for the month of May, 2004.
A motion was made by Mr. Brodeur to approve the financial report; seconded by Mr. Sleeper. Approval was unanimous
A report was given regarding the cost recovery committee. It was recommended that the following be approved:
PLAN AMENDMENT REQUESTS FOR FISCAL YEAR ENDING 09-30-2004
|
COMPANY |
AMENDMENT REQUESTED |
NONRECURRING |
RECURRING |
TOTAL |
|
Corr Wireless |
NRC-$27,637.18 |
$29,637.18 |
$556,524.00 |
$586,161.18 |
|
Farmers –FYE 03 |
R-$2,542.36 |
$0.00 |
$51,953.40 |
$51,953.40 |
|
Farmers – FYE 04 |
R-$46,000.00 |
$500.00 |
$89,511.00 |
$90,011.00 |
|
Sprint PCS |
NRC-$37,513.40 |
$584,730.48 |
$96,224.80 |
$680,955.28 |
|
Total |
$113,692.94 |
$614,867.66 |
$794,213.20 |
$1,409,080.86 |
REIMBURSEMENT REQUESTS FOR FISCAL YEAR ENDING 09-30-2004
|
COMPANY |
NON-RECURRING |
RECURRING |
TOTAL |
|
ALLTEL |
$4,550.00 |
$78,028.84 |
$82,578.84 |
|
CINGULAR* |
$13,000.00 |
$73,980.82 |
$86,980.82 |
|
CORR WIRELESS |
$27,637.18 |
$50,410.52 |
$78,047.70 |
|
FARMERS** |
$0.00 |
$54,421.38 |
$54,421.38 |
|
PINEBELT |
$0.00 |
$9,599.05 |
$9,599.05 |
|
SPRINT PCS |
$12,293.03 |
$159,462.39 |
$171,755.42 |
|
|
|
|
|
|
FARMERS FYE 03 |
$0.00 |
$16,674.05 |
16,674.05 |
|
TOTAL |
$57,480.21 |
$442,577.05 |
$500,057.26 |
*Contingent upon receipt of audit report.
**Contingent upon receipt of audit report.
A motion was made by Mr. Brodeur to approve the reimbursement requests recommended by the cost recovery committee; seconded by Mr. Sleeper. Approval was unanimous.
Frith Sellers from L.R. Kimball and Associates reported on the Phase II cost recovery requests. She reported that all carriers seeking Phase II cost recovery had responded in a timely manner. A total of $21,885,349.27 was requested for Phase II cost recovery. The Board has $15,000,000.00 available to disperse for Phase II cost recovery. Using the formula devised by Kimball as the most equitable, accepted by the Board at the previous meeting, the following Phase II cost recovery reimbursement requests were recommended by the Cost Recovery Committee:
Alltel $517,084.88
ATTWS $6,677,845.15
Cellular South* $88,415.29
Cingular $3,990,958.95
Corr Wireless $391,746.46
Southern Linc $1,854743.02
Verizon Wireless $1,393,395.26
$15,000,000.00
* Contingent upon verification of certain information reported.
A motion was made by Mr. Hart to approve the recommendation of the Cost Recovery Committee for Phase II reimbursement requests pending review of all submitted documentation by the Board Attorney, seconded by Mr. Sleeper. Approval was unanimous.
A motion was made by Mr. Hart that the Agenda be sent to the Board Members prior to the meeting date; seconded by Ms. Bonet. Approval was unanimous.
Officer elections were held and Mr. Sleeper was elected Vice-Chairman of the Board by a unanimous vote. Mr. Hart was elected as Chairman of the Board by a majority vote.
Mr. Meadows resigned his position as Secretary/Treasurer effective immediately.
Mr. Meadows made a motion that Mr. Brodeur be elected Secretary/Treasurer of the Board; seconded by Mr. Sleeper. Approval was unanimous.
It was offered by Mr. Sleeper that By-Laws be put under Old Business for discussion at the next meeting.
Mr. Meadows made a Motion that Max Armstrong be added as a permanent non-voting member of the Cost Recovery Committee; seconded by Mr. Brodeur. Approval was unanimous.
The next meeting date was scheduled for July 20, 2004 at
10:00 a.m. in
There being no further business a motion was made by Mr. Sleeper to adjourn; seconded by Mr. Meadows. Approval was unanimous.
.
___________________________ __________________________________
Johnny Hart, Chairman Bill Brodeur, Secretary/Treasurer
__________________________
Notary Public