January 13, 2016 – 6:00 p.m.

City Hall

The regular meeting of the Riggins Urban Renewal Agency was called to order by Chairperson Glenna McClure.  Other Board members present were Matt Sinclair, Carolyn Friend, Roy Akins, and Jonny Wilson.  Board Member, Gary Miller, was absent.  

PREVIOUS MEETING MINUTES: The minutes of the previous meeting were presented and members individually polled, all agreeing they had reviewed the minutes.  Motion was made by Friend to approve the minutes as presented; seconded by Wilson; voting yea, Akins, Sinclair, Wilson, McClure and Friend.  No nays; motion carried.

FINANCIAL STATEMENT:  The financial statement was read detailing the 9/30/15 cash balance of $6,906.22, with $437.36 in receipts, and $4,275.00 in disbursements, leaving cash balance of $3,068.58 as of 12/31/15.  Cash in Sewer Obligation Reserve showed a beginning balance of $10,528.10; interest of $7.05; and a contribution of $4,000.00, leaving an ending balance of $14,535.15.  Wilson made a motion to approve the Financial Statement; seconded by Akins; voting yea Akins, Sinclair, Wilson, McClure and Friend.  No nays, motion carried.

DISBURSEMENT OF FUNDS:  Motion was made by Friend to pay $225 for January through March 2016 Administration and $2,500 to the URD Sewer Obligation Reserve leaving a balance of $343.58 in the checking account.  Motion was seconded by Wilson; voting yea, Akins, Wilson, Sinclair, Friend and McClure.  No nays, motion carried. 

Sinclair requested that the starting time of the quarterly meetings be changed to 6:15 p.m. rather than 6 p.m.; all agreed.

There being no further business, the meeting was adjourned at 6:15 p.m.

Respectfully submitted,


Brenda Tilley, Clerk