Sturdivant Progress Water Supply Corporation

The annual meeting included a review of the company's financial report, which indicated a positive financial status but noted that dividend payments are currently not feasible due to several planned infrastructure projects. The board discussed water rate adjustments necessitated by increasing costs from the City of Mineral Wells, as well as the need for system improvements, including storage tank expansion, replacement of aging concrete lines, and addressing pressure problems. Additionally, the board provided updates on water well operations and regulatory approvals, updated the company tariff, recognized outgoing directors, and announced the results of the board of directors election.

The agenda for the meeting includes a general manager and financial report, a discussion regarding lead and copper inventory compliance, and an update on sewer rates for an RV park. Other items include an evaluation of office equipment, the status of employee retirement packages, a review of the contract with the City of Mineral Wells, and annual elections.

The agenda for the meeting includes the review of General Manager and Financial reports, specifically focusing on director reports and expense summaries. Key topics of discussion include Lead Copper Inventory compliance, updates regarding sewer rates for the RV park, office equipment procurement, and the status of the accounting firm. The board will also discuss employee retirement packages, an update regarding the City of Mineral Wells, and procedures for upcoming annual elections.

The meeting agenda includes a general manager and financial report covering the director's report and monthly expense summary. Key discussion topics involve the status of the Tincher and Hight project, a review of personnel policy, the status of the accounting firm, and updates regarding the employees' retirement package. The board will also address the relationship with the City of Mineral Wells, discuss conflict of interest policies regarding directors and contractors, and plan for the disposal of outdated equipment.

The agenda for this regular monthly meeting includes verification of a quorum and benediction, concerns from customers, financial reports (including a Director's Report, Comparison Director's Report, and Expense Summary Monthly), a General Manager's Report detailing progress on the current CIP project for the west side of SH 281, and the potential sale of old equipment.