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HomeMy WebLinkAbout1974-12-16; Parking Authority; MinutesMeeting of: Date of Meeting: Time of Meeting: Place of Meeting: Parking Authority of the City of Carlsbad (Special December 16, 1974 4:00 P.M. City Council Chambers ROLL CALL: Vice Chairman Sugg, Directors Killen, Richardson and Dunne .The meeting was called to order by Vice Chairman Sugg at 4:05 P.M. APPROVAL OF MINUTES: Minutes of the Special Meeting held August 8, 1974 were approved as presented. ·ELECTION OF OFFICERS: Nominations were placed and the following officers were .elected to serve for calendar year 1975: • Chairman Vice Chairman Secretary Lyle Richardson Al Sugg George Killen AUDIT -Fiscal Year 1973-74. Discussion was held concerning the annual Audit of the Parking Author- ity, and the Audit for fiscal year 1973-74 was approved as prepared by Carroll & Brantley, Associates. PAYMENT OF BILLS. The following bills· were pre- sented for consideration and approval: Trustees fees -Security Pacific National Bank from 10-1-73 to 9-30-74 - - -$482.61 Audit fees -Carroll & Brantley, Associates, Fiscal year 1973-74 215.00 Authorization was given for the payment of bills in the amount of $697.61. LIABILITY INSURANCE. The Board members discussed the possibility of having the liability insurance coverage carried by the May Department Stores Company increased from $1,000,000 to $3,000,000. Following discussion it was agreed that May De- p~rtment Stores Company be contacted as to in- creasing the amount of Bodily Injury liability from $1,000,000 to $3,000,000, and property damage from $1,000,000 to $3,000,000; further, that the Authority be advised as to the amount of coverage being carried for the Parking Authority and its members under the City's insurange cover- age. ADJOURNMENT: By proper motion the meeting was adjourned at 4:25 P.M. • • Respectfully submitted, 7171t,,t:f7UP ~ 1#-~✓~t: MARJ~R#I' E. ADAMS Recording Secretary Sugg XX Killen x x Richardsori x Dunne Sugg XX Killen }( x Richardson x Dunne x Sugg . Killen Richardsor Dunne Sugg Killen Richardsor Dunne x X