Agenda 06.23.2009

                    NOTICE OF MEETING

          LOST CREEK MUNICIPAL UTILITY DISTRICT

June 23, 2009, 7:00 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, June 23, 2009 at 7:00 p.m. to consider and act on the following matters:

AGENDA

  1. Board Convenes and Roll Call

  2. Citizen Communications

  3. Deed Restriction Enforcement Officer Report regarding status of deed restriction compliance and monitoring activities

  4. Attorney’s Report regarding deed restriction enforcement litigation for:

    a) 6201 Augusta National Drive

    b) 1319 Lost Creek Blvd

    c) 6603 Torrey Pines Cove

    d) 6401 Whitemarsh Valley Walk

    e) 1406 Lost Creek Blvd

  5. Review Bookkeepers Report a. May 2009 Fund Balance and Disbursement Report

    b. May 2009 Budget Review

  6. Approve financial reports and payments

    a. List of Qualified Financial Brokers

    b. May 2009 Investment Report

    c. June 2009 Payment Approval List

  7. General Manager’s Report regarding

    a. City of Austin Criticality Assessment

    b. Inspection of Section #1 sewer service lines

    c. Water Conservation Report

  8. Approval of Meeting Minutes of the May 31 Board Meeting

  9. Discussion and Possible Action On:

    a. Adjustment to Wastewater Revenue/Billing

    b. Amended FY 2008-2009 Budget

    c. Approve Collateralization Agreement with Capital One

  10. Status Reports

    a. Employee Compensation Review

  11. Matters to be discussed at next meeting.

  12. Set date and time for the August 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, June 19, 2009