Agenda 1.30.08

                   NOTICE OF MEETING

     LOST CREEK MUNICIPAL UTILITY DISTRICT

January 30, 2008, 6:30 p.m.

TO: THE BOARD OF DIRECTORS OF LOST CREEK MUNICIPAL UTILITY DISTRICT OF TRAVIS COUNTY, TEXAS, AND ALL OTHER INTERESTED PERSONS

Notice is hereby given that the Board of Directors of Lost Creek Municipal Utility District of Travis County, Texas, will hold a regular meeting in the Community Meeting Room of the Lost Creek MUD Office located at 1305 Quaker Ridge Drive, Austin, Texas, on Wednesday, January 30, 2008, at 6:30 p.m. to consider and act on the following matters:

AGENDA*

  1. Board Convenes and Roll Call

  2. Citizen Communications

    (a) Annexation Update

  3. Approval of Board Meeting Minutes:

    (a) December 19, 2007

    (b) January 21, 2008

  4. December 2007 Monthly Budget Review

  5. December 2007 Disbursement Report

  6. December 2007 Investment Report

  7. December 2007 Payment Approval List

  8. Reports by:

    (a) Deed Restriction Enforcement Officer

    (b) Attorney

    (c) General Manager

  9. Discussion and Possible Action On:

    (a) Reported Deed Restriction Violation at 2104 Point Bluff

    (b) Approve replacement of playscape in Lost Creek Park (Naeve)

    (c) Firewise Community (Westlake Fire Department)

    (d) IESI Rate Adjustment (Bowen)

    (e) Approval of Fiscal Year 2006-2007 Financial Audit (Alexander)

    (f) Approval of Election Agreement between the District and Travis County for the May 2008 Directors’ Election

    (g) Approval of 2007-2008 Investment Policy (Alexander)

    (h) Settlement of Brandywine Acquisition Partners Litigation regarding Valuation Adjustment and Partial Tax Refund for 2006 & 2007 Tax Years (Alexander)

    (i) Discussion and Action regarding Adoption of Order Amending Commercial Water and Wastewater Rates

    (j) Greenbelt brush removal (Bowen)

    (k) Approve action relating to the proposed annexation of the District by the City of Austin

  10. Matters to be discussed at next meeting.

  11. Set date and time for the March 2008 Board meeting.

  12. Adjourn

The Board of Directors may go into Executive Session, if necessary, pursuant to the applicable section of Subchapter D, Chapter 551, Texas Government Code, of the Texas Open Meetings Act, on any of the above matters. No final action, decision, or vote will be taken on any subject or matter in Executive Session.

The District is committed to compliance with the Americans with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Please call 327-6243 for further information.

posted: Friday, January 25, 2008