1. Call to Order

The special meeting of the Board of Directors of Bartonville Water Supply Corporation was called to order by President Graves at 7:36 p.m. on Tuesday, August 3, 1999 at the corporation office.

Directors in Attendance

Joe Graves, President
Philip Block, Vice-President
Larry Kaufman, Secretary-Treasurer
Scott Kilpatrick
Michael Paulson

Directors Absent

Kevin Alberts

Consultants in Attendance

Wayne Ginn, PE, The Ginn Corporation
Ronnie Phillips, Esquire
Jennifer Drury, Consulting Accountant

Staff in Attendance

Jim Leggieri, General Manager
Darrin Ezell, Administrative Assistant

Public in Attendance

None Present.

2. Executive Session:

At 7:37 P.M., President Graves announced that the Board would convene the Executive Session concerning the following:

A. All Matters Related to Development of the Rayzor Ranch Pursuant to Government Code, Section 551.071.

The Board took no action and reconvened in Open Session at 9:11 p.m.

3. Discussion and Action on Matters Related to Development of the Rayzor Ranch Property

No action taken.

4. Adjournment

Motion by Block and second by Kaufman that the meeting adjourn. Motion approved unanimously; the meeting adjourned at 9:12 p.m.

Recorded by Darrin C. Ezell, Administrative Assistant

Certified by Larry Kaufman, Secretary-Treasurer