Agenda 8.19.08

                    NOTICE OF MEETING

         LOST CREEK MUNICIPAL UTILITY DISTRICT

August 19, 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 Tuesday, August 19, 2008, at 6:30 p.m. to consider and act on the following matters:

AGENDA*

  1. Board Convenes and Roll Call

  2. Citizen Communications

  3. Reports by:

    (a) Deed Restriction Enforcement Officer Updates and possible action on:

    (1) 6201 Augusta National

    (2) 1319 Lost Creek Blvd

    (3) 1202 Aronimink

    (4) 6503 Lost Cove

    (5) 6603 Torrey Pines

    (b) Newsletter Editor

    (c) Attorney

    (d) General Manager

  4. Approval of Minutes of the July 22, 2008 Board Meeting

  5. July 2008 Monthly Budget Review

  6. July 2008 Disbursement Report

  7. July 2008 Investment Report

  8. July 2008 Payment Approval List

  9. Discussion and Possible Action On:

    (a) Approve preliminary budget for 2008-2009 fiscal year

    (b) Proposed Maintenance and Operations Tax Rate for tax year 2007

    (i) Adopt proposed maintenance and operations tax rate for tax year 2008

    (ii)Establish the date for a public hearing regarding adoption of final maintenance and operations tax rate for tax year 2008

    (iii)Authorize publication of notice and such other action as may be necessary to proceed with adoption of a final maintenance and operations rate for tax year 2008

    (c) Discussion and action regarding the employment, evaluation, reassignment, duties, discipline, or dismissal of public officers and employees

  10. Status Reports

    (a) Criticality Assessment (Bowen)

    (b) Phosphorus Removal at Wastewater Treatment Plant (Bowen)

    (c) Parks Committee (Naeve)

  11. Matters to be discussed at next meeting.

  12. Set date and time for the October, 2008 Board meeting.

  13. 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, August 15, 2008