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DTSD Webinars: I'd like to call the Monday, August 26th meeting of the School Board Finance Committee to order at 5 16 pm.

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DTSD Webinars: Thank you for patience. As we worked through some things on the general services agenda that delayed the start of this.

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DTSD Webinars: We're going to go around and do a roll call. Mr. Rizzo is not here today. So I'm sitting in for him. We do have one citizen advisor online, and our other citizen advisor was not able to make it today. You'll recall we're in between appointing

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DTSD Webinars: citizen advisor vacancies. So there's only 2.

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DTSD Webinars: Currently. So my name is Lindsay Drew. I'm Finance committee member, and I'll go to my left.

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DTSD Webinars: Stacey Winslow. I'm Stacy Winslow, and I'm Stacey Winslow, Superintendent

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DTSD Webinars: Michelle Aju Board Secretary.

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DTSD Webinars: Mindy Bell Assistant business manager.

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DTSD Webinars: Stuart Mccarver, Board, Member

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DTSD Webinars: Jennifer Rand's board member

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DTSD Webinars: and online.

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Brian Ostella: Sell a citizen advisor.

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Brian Ostella: Thanks.

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DTSD Webinars: And ms. Bell. Welcome. I know this is your 1st finance committee meeting since joining the district.

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DTSD Webinars: so welcome. It's great to have you here?

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DTSD Webinars: All right. Our 1st item is approval of summary minutes. This is from the June 12,024 Finance Standing Committee meeting. Did anyone have any questions

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DTSD Webinars: or comments?

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DTSD Webinars: Hearing none, I would ask for a motion to approve those minutes, so move Stewart, recover. Second. Jennifer runs

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DTSD Webinars: any other discussion.

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DTSD Webinars: all in favor. Say, aye, aye, any opposed? No.

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DTSD Webinars: all right. Minutes are approved. We have some informational items that we're going to start with today, with updates on the business office. And so I will turn that over to Dr. Winslow.

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DTSD Webinars: Thank you, Mr.

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DTSD Webinars: So I'm just gonna run through a a bunch of different pieces, and at the end of each one I'll just ask if there are any questions, and I would invite Mrs. Bell to to jump in with anything that she feels I'm missing, or that she would like to expand upon but I did think it was really important. Given our state of transition to just let you know where we are in the process of getting the business office where we want it to be.

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DTSD Webinars: and some of the the pieces that I know folks are waiting on.

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DTSD Webinars: So, 1st and foremost, our candidate search Dr. Reifschneider has done a great job of of helping us to to weed through candidates. We have been fortunate enough to have several sitting business managers apply, which is is pretty exciting. We were worried that wouldn't happen. So we're we're happy that it did and just to give you a timeline. Our 1st round of interviews will be on September 6.th

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DTSD Webinars: Our second round of interviews will be on September 16th

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DTSD Webinars: and then possibly September 19, th or the 23rd for our 3rd round. If we get a top one or 2 candidates?

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DTSD Webinars: and obviously we'll keep everybody updated on that process. I know Ms. Drew had that in her board update so that everybody would be aware. So you know, who's participating in that as well. So, looking forward to to that process, and to to finding a good fit for for the district.

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DTSD Webinars: Are there any questions about the candidate? Search?

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DTSD Webinars: Okay?

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DTSD Webinars: Alright. I also wanted to talk about policy policy 6, 16, and check runs

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DTSD Webinars: as you know. I believe it was last summer that we moved to a process of doing check runs once a month after board approval.

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DTSD Webinars: that

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DTSD Webinars: was an interpretation of policy. 6, 16. It has caused

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DTSD Webinars: issues

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DTSD Webinars: with timely payments. It's caused some issues with

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DTSD Webinars: like very large check runs all at one time.

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DTSD Webinars: It has caused us to get some behind in some payments.

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DTSD Webinars: And we would like to move back to 2 check runs a month. We saw that as as far more efficient, and in looking at the policy again, I do not have that same interpretation of the policy and specifically under authority. It specifically says that

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DTSD Webinars: each bill or obligation of this district must be fully itemized. It is verified and approved by the board before a check can be drawn for its payment, except that the Board Secretary is permitted to draw payment orders for one. The prompt payment of items that will accrue to the district's advantage. For example, when our credit card bills come in.

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DTSD Webinars: we immediately reconcile them and pay them, so that we do not accrue any interest.

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DTSD Webinars: So those get paid right away.

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DTSD Webinars: 2 progress payments to contractors specified in a contract approved by the board, and this is one of the spaces where we've been getting hung up, because we've been waiting for all invoices that come in to be paid after board approval. However, the Board has already approved contracts

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DTSD Webinars: for things that we would be getting invoices on

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DTSD Webinars: and we would like to be able to continue to pay on those contracts as they come due, as opposed, to letting them fall to overdue status in order to have board approval on those checks.

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DTSD Webinars: And then, of course, orders to cover approved payrolls and agency account deposits and utility bills and months. The Board does not meet so we were also holding on some of our utility bills, except for in the month of July.

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DTSD Webinars: Mrs. Bell has already put the utility bills on auto pay

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DTSD Webinars: so that we are not pulling checks necessarily for those to make sure that they're being paid in a timely manner, and the same with our insurances. She also worked to put those on auto pay, because we were awfully close to having some of those discontinued due to lack of payment.

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DTSD Webinars: So

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DTSD Webinars: my my ask is that we be permitted to go back to 2 check runs a month

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DTSD Webinars: and in order to keep the district in good standing with vendors and and contracts that we hold.

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DTSD Webinars: Does anybody have any objections to that?

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DTSD Webinars: This is Lindsey Drew. I don't object to it. I fully support it. Just for background.

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DTSD Webinars: I think my understanding was always that it was less driven by policy, interpretation, and more by preference in the business office for separating out contracts versus checks.

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DTSD Webinars: to try to manage workflow.

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DTSD Webinars: It always seemed a little disjointed, because there were so many contracts that come before us, and we read, and payment is due upon executed contract that we were always kind of pushing it out almost another 30 days in essence, until it would come through again. So, as a board member for me if we're

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DTSD Webinars: approving a contract to me, that's approval. To issue the checks. And then our secondary

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DTSD Webinars: balance, like check and balance is those checks are still going to be shown in the Monthly treasurer. Report. That, you know. If verification needed to be done to align to the contract amount, then that is there and being approved by the board. But we shouldn't be delaying or, you know.

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DTSD Webinars: causing any, you know, negative impact to vendor relationships, especially when we're using smaller vendors, or for some of these subcontractors and things going on. That's a long time to wait for payment. It is.

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DTSD Webinars: Thank you.

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DTSD Webinars: So what's left

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DTSD Webinars: other than the things we've already approved as a board

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DTSD Webinars: reimbursements or supply orders, reimbursements.

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DTSD Webinars: maybe like Amazon type orders.

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DTSD Webinars: those kinds of things

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DTSD Webinars: that are out of approved budgets, but are not necessarily a contract.

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DTSD Webinars: if that would make and just to clarify

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DTSD Webinars: budgeted items and contracts approved by the board would be getting paid. Any item that was outside of

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DTSD Webinars: approved budget

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DTSD Webinars: over a certain, you know, threshold would still be held for approval. So it's not like money is just going going out the door and we're finding out later

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DTSD Webinars: it would be for budget items and contracts

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DTSD Webinars: that feel. Okay.

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DTSD Webinars: Mrs. Runes. Did you have any questions? Are you good? I do not. I. I agree with

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DTSD Webinars: this just makes sense efficiency. Does that sound good to you, Mrs. Bell.

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DTSD Webinars: I'm in full support. Awesome. Yeah. Thank you for getting those auto pay set up.

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DTSD Webinars: Oh, yeah.

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DTSD Webinars: thank you all very much. Will there be a communication to district staff, because I know that

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DTSD Webinars: when we switch to that July one, last year there was a lot of questions about. So if the contract is submitted by this date and approved on this date. When would it actually get paid? Because sometimes some of those I'm thinking of like theater, for example, you know, to

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DTSD Webinars: payment has to be received in order to get yes, the scripts in time. Yeah, exactly. We will communicate that to the administrative team, our 1st full team meeting. Okay? Which is in 2 weeks. Great. So we'll we'll work through that. And then they communicate it to their staff. Great thanks.

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DTSD Webinars: thank you very much.

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DTSD Webinars: I also wanted to give an update on the audit process. As you are fully aware, our audit was very late

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DTSD Webinars: this past year, and mrs. Bell has taken a strong initiative to address audit needs has reached out to Boyer and Ritter and has also met with James, I can't. I'm sorry I can't remember James's last name. Thank you for honor.

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DTSD Webinars: in person to walk through what exactly she needs to pull. She was on vacation last week, and I think she had out of what's the list of 25 items that they need by September. I think we have a total of

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DTSD Webinars: 19 that we completed. It's there's some hard other ones that require things to be done first, st

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DTSD Webinars: but I got them to keep them happy for a while.

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DTSD Webinars: So there were. There were 25 items, 2 of which had been forwarded to them previously.

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DTSD Webinars: the rest had not.

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DTSD Webinars: and Mindy has taken it upon herself and gotten 19 of those items to them.

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DTSD Webinars: So that's we're in really great shape. They'll be coming out on September 5th for our

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DTSD Webinars: internal

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DTSD Webinars: controls, an initial planning meeting, and we're aiming for mid October for our full on site audit to occur. They did get back to me today. They got us the list of selections, for when they're out here on the 5.th The team is aware, and we will have it ready for them.

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DTSD Webinars: Thank you for the work that you're doing on this.

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DTSD Webinars: Mr. Franner does email me as board President, the board fraud questionnaire each year, and I already received that today actually and had not received it until very, very, you know, late previously. So it was a great indicator already that we're on track and doing it. And I know that that comes at

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DTSD Webinars: a lot of work on your part, especially at the start of the year. So thank you for the work that you've done. You're welcome. Thank you.

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DTSD Webinars: I also just want to say publicly that

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DTSD Webinars: our interim business manager, who is, is pretty much with us on Tuesday, Wednesday, and Thursday, for right now did tell me last week that she's very impressed with Mrs. Bell, and that she's a highly competent accountant.

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DTSD Webinars: Thank you. So

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DTSD Webinars: super happy about that. We're lucky to have her. We are very

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DTSD Webinars: any questions about the audit process, and where we're at with that.

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DTSD Webinars: it is 100% our goal to be

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DTSD Webinars: absolutely on time. With all of these pieces this year.

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DTSD Webinars: Okay.

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DTSD Webinars: the next thing I wanted to just talk about a little bit was long term financing after seeing some of the preliminary estimates for the elementary project at our General Services meeting, and also in our design team meetings. I have scheduled Raymond James to join us at our September finance meeting to review our long term financing plan. Last fall we did issue a bond that was under special circumstances, for 15 million dollars.

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DTSD Webinars: I don't have all of Lou's words arbitrage Dr. Rice when we say arbitrage but it did allow it. It allowed us to invest that money so that we could capitalize on the the high interest rates that that accounts are earning at this time.

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DTSD Webinars: We had thought perhaps this fall we would want to do another one before the end of the calendar year. In talking with Mr. Verdelli.

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DTSD Webinars: he's not quite sure that he would recommend that at this point, simply because our construction timeline got pushed out.

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DTSD Webinars: And there are time limits on these borrowings. They have to be this again 3 years.

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DTSD Webinars: So not sure if it's a wise decision to

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DTSD Webinars: borrow that, and then perhaps be sitting on 30 million dollars that we're supposed to spend, and not be in a position to spend it in the timeframe that we thought we would be able to

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DTSD Webinars: so that being said, he will present that to the board. In finance committee. And give you some options to think about. We can absolutely do it if you decide it's what you want to do. But he he has some some things that for you to consider. And also now we have some other estimates. And I would like him to lay out those

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DTSD Webinars: debt service run rates for us to really get an idea of. Where are we? And how do we plan for this year's or for this coming year's budget?

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DTSD Webinars: To make sure that we are continuing to be in a position to have that debt service in place

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DTSD Webinars: for for those numbers. Now that we have a clearer picture.

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DTSD Webinars: is there anything in particular that you would like me to ask him to prepare for this committee.

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DTSD Webinars: This is Lindsey Drew. The one thing I would just ask, that be part of the conversation is

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DTSD Webinars: obviously we received in general services. Some of those cost estimates that have a wide range

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DTSD Webinars: kind of looking at the high and low ends of each one. And what those impacts are because from a debt service perspective, it would obviously move the needle significantly on debt service payments. That would be required. And compared to you know what our our plan is for the capacity there. The other factor would also be to look at

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DTSD Webinars: what we would be using from cash reserve balances because we have that special committed line item inside of the general fund. For those projects, because that's gonna be something that's backed out. In addition to the 15 million that we've already issued. So trying to just get a a real picture of what's left after those, because it's not

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DTSD Webinars: just, you know, one big number anymore. We're going to start really looking at

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DTSD Webinars: what's left to to do. And and what's the long term impact on that for future district needs. Yeah. And I was thinking about the and we'll talk about a little bit, too, with the stadium.

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DTSD Webinars: I think that's part of the discussion that we need to have in this committee is, what funds do we want to take that out of?

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DTSD Webinars: I I think it's also, and I don't know where it falls into the Raymond James conversation from the debt service.

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DTSD Webinars: planning part of it. But the budget side of it of you know. Where do we build

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DTSD Webinars: the revenue to be able to pay the debt service?

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DTSD Webinars: If the district office were to move over to

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DTSD Webinars: the Ecc. And that part of the campus. What amount of pending, whatever would happen with this building?

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DTSD Webinars: There's a pretty significant dollar number associated with maintaining this building. And what

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DTSD Webinars: what is that.

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DTSD Webinars: you know. And what does that at the end of the day

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DTSD Webinars: equal, you know, for debt service? Because if

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DTSD Webinars: the 1.9% we've projected has

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DTSD Webinars: put out that, you know, $750,000 in debt service each year

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DTSD Webinars: is building.

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DTSD Webinars: What's the number that we're spending on maintenance of this building

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DTSD Webinars: that would

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DTSD Webinars: move over

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DTSD Webinars: for that to potentially offset or significantly reduce additional

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DTSD Webinars: needs. It's a great question.

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DTSD Webinars: thank you. Anything else that you want me to ask him to prepare to help us with.

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DTSD Webinars: I'll also want to be sharing this with our interim business manager, and as we look at capital planning, it all goes together.

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DTSD Webinars: Okay, thank you. I did just review the capital plan in

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DTSD Webinars: general services, and I think everybody in the room right now was here for that.

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DTSD Webinars: Would you like me to review this again item by item? Okay, are there any specific questions that you have?

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DTSD Webinars: This is Lindsay Drew. I think the big things is going to be. You mentioned the add on of

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DTSD Webinars: if we're looking at stadium, and what could be done for that? That there are costs that could be paid out of capital reserve funds. And since that piece of it is not there, what's the impact? Long term since we transfer a million dollars each year for all of these things. Does that push anything else out? If we utilize cash

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DTSD Webinars: at a capital reserve to potentially fund a project like that right now. Yep.

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DTSD Webinars: So as you work to tighten this up, yeah, it would be helpful to see that.

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DTSD Webinars: Absolutely.

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DTSD Webinars: Okay.

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DTSD Webinars: That's that's my list of business office updates. Are there any other pieces that you had questions about, or that you would

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DTSD Webinars: like us to prepare answers for for you.

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DTSD Webinars: No, but I teed up your next item. Perfectly good. Thank you. You did.

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DTSD Webinars: Okay. So our next item under new business, then, is a stadium discussion.

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DTSD Webinars: And

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DTSD Webinars: this will be a part of our 2425 capital plan.

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DTSD Webinars: And our discussion really needs to revolve around, how do we want to pay for the work. I think we've already answered our fundraising question in general services. And I I think it would be helpful just to confirm

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DTSD Webinars: that the board members who are present now agree with that

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DTSD Webinars: course of action.

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DTSD Webinars: Yes, I agree with the decision not to have a

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DTSD Webinars: corporate sponsor.

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DTSD Webinars: Correct?

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DTSD Webinars: Perfect. Yeah. This is Lindsay, just for the purpose of our minutes. For this meeting versus general services.

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DTSD Webinars: all sponsorship and advertising requests go through general services and

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DTSD Webinars: but the component to that is, if there's an opportunity for fundraising to offset some of those costs. Obviously, that has a finance committee component to it.

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DTSD Webinars: As we look at those projects, so the General Service General Services Committee made the recommendation that they would be okay with the smaller dollar, small recognition bricks, that type of thing. If we were looking at that type of project, but nothing large, no naming rights, all of those.

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DTSD Webinars: I know Dr. Mccarver just said it. I'm okay with it. Mrs. Rens had

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DTSD Webinars: agreed and supported that in general services. So I think that that gives that the one thing that I would just ask about like as this moves forward. You know, is what that looks like who manages that? Is there a way to have some community involvement, whether it be a potential ad hoc.

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DTSD Webinars: you know, group where we bring in stakeholders so that the district Administration is not bearing the responsibility of that

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DTSD Webinars: to do, because I think one just to have the district

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DTSD Webinars: asking for. You know that type of thing,

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DTSD Webinars: misses an opportunity to create investment by by community members. And I think that our community, you know, may have people who would be willing to be a part of that. You know, just even seeing the success of our boosters, and all of the great things that are done in support of those groups. I did ask Ms. Harmer to research how other districts have done that kind of work, and what that looked like.

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DTSD Webinars: what she has started to do, and we also agree that the Boosters would be a great place to try to work with involvement. They do such a nice job

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DTSD Webinars: for the students, and and perhaps it's a place where they would like to be involved.

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DTSD Webinars: And and I don't want to

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DTSD Webinars: imply that boosters should do that because they are right, because they're raising for their own, you know, needs. And we don't want to draw from that same pool. But I think that there could be a lot of insight or collaboration to be had. Doing it that way. Yes.

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DTSD Webinars: and then the other piece of our stadium discussion will be.

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DTSD Webinars: We have pots of money. Which pot of money would we like to

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DTSD Webinars: take it out of? We do have our our money, that's sitting in an account drawing interest. We could pull it from that we could look at our capital reserve funds. We could look at our committed funds so they're just making some decisions. And I think that's a discussion I would like to have with

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DTSD Webinars: Mrs. Pitts, as our interim business manager, to take a look at our different pots of money, and give us some recommendations about what makes the most sense, as far as how to commit those funds and and move them forward for this project.

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DTSD Webinars: This is Jennifer, and so would we tend to select the

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DTSD Webinars: quote pot of money that is drawing

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DTSD Webinars: like, we don't want to take money from somewhere where we're getting a lot of interest from having that money. Sit there.

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DTSD Webinars: All of our money is in accounts where it's drawing right? But like, are there? There are different accounts that draw different levels, different amounts of interest. And that's what I would want her to kind of. Take a look at and kind of make a recommendation of which one would be best. Okay

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DTSD Webinars: for us to do that. I can't tell you off the top of my head, and I think that there's part of it to enter the conversation of depending on what the timeline is for beginning of construction on an elementary school or use of those funds that we've already issued a bond on. You know, some of those proceeds could be used for this. They're applicable, and can be used like they would meet the qualifications of that. So what I was thinking of with it.

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DTSD Webinars: we may want to do a piece of that to get some of that to get it moving issuance moving

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DTSD Webinars: exactly.

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DTSD Webinars: I did want to share. And and I didn't do this in general services just because we had. We were running out of time and had gone over time. But I did want to share just a little bit of the some of the conversation that we've had. One. Our turf and track updates are complete. So that's awesome that we don't have to include that in the overall cost of building out a stadium. And I do want to emphasize that we will not be ripping up the turf. That's there.

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DTSD Webinars: It's 1 of the big questions that I had before we began the the Turf and track project was, if we need to build out a stadium.

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DTSD Webinars: will this be okay, like, do we have to worry about this? Is there an order? And that was assured that fine. So I do want to emphasize that piece of it?

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DTSD Webinars: So while we did not know that this was going to be happening when that decision was made to proceed, I am pleased that the timing has worked out the way that it has.

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DTSD Webinars: I do expect to receive an addendum from Crabtree this week, and we have asked

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DTSD Webinars: them to look at subcontracting with the folks who initially did our stadium

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DTSD Webinars: to at least explore that as as they do this, because we

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DTSD Webinars: we know that that's a solid person

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DTSD Webinars: who could do a nice job, but I don't know where we're at with that.

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DTSD Webinars: A nice job for what? For the our stadium in general, like, what was there

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DTSD Webinars: previously? What was architects? Or I'm talking about? Landscape engineers that specifically specializes in station in the design. Yeah. Okay, yeah.

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DTSD Webinars: I did do a walkthrough of the field last Thursday with our external team members.

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DTSD Webinars: We discussed completing the Mcadam path around the field before any final decisions on that are made. I would like to discuss it with the High School administration, because there are benefits to having a horseshoe shape rather than an oval that wraps around

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DTSD Webinars: the whole field. So I'd want to get their input on some kind of design decisions like that.

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DTSD Webinars: We discussed bleachers and seating for about 2,500 fans and guests.

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DTSD Webinars: We will need a press box. We will need additional restroom facilities to meet the current requirements for seats, available versus facilities that we currently have.

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DTSD Webinars: We discussed adding a nice entrance where we could highlight the Horrocks Memorial as well as bricks purchased by community members.

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DTSD Webinars: We discussed 2 entrances and updated ticket booths.

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DTSD Webinars: We discussed concrete pad with hookups for food trucks and vendors. To add to our concessions.

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DTSD Webinars: We do expect the project to be less than an acre of disturbance.

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DTSD Webinars: and the bleachers, because they're not going into a permanent structure, would be pervious, not impervious.

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DTSD Webinars: which is huge for us on our campus

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DTSD Webinars: which should mean

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DTSD Webinars: cross our fingers that we won't run into any additional storm. Water management issues all very preliminary at this point.

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DTSD Webinars: But an exciting discussion.

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DTSD Webinars: and and we'll look forward to to moving forward with this piece

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DTSD Webinars: any questions or or pieces that you would like us to consider as we

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DTSD Webinars: continue to move forward with the stadium project.

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DTSD Webinars: No. So currently, just to confirm, we have the Fidelia rider on our

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DTSD Webinars: 7 Pm. Meeting today to explore that and be looking for that. So

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DTSD Webinars: this is really just the the conversation piece of kind of pulling together proposals and what it would look like correct. Given the situation, you know that we're in for then the Board to authorize moving forward with something like this, correct.

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DTSD Webinars: correct, and I do but like, if it came back at 10 million dollars, if it came back at 10 million dollars, what are our other options? We'll keep running those bleachers right. Yes, I'm just afraid you would be looking for a good lease contract on bleachers.

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DTSD Webinars: I just want to make sure that

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DTSD Webinars: it's clearly communicated that this is an exploration and moving forward phase that's just being a bit faster than a normal process would be given. The you know, the circumstances around it. And I also think it's important to add to, because of. There's been a lot of conversation around there that the rental of the bleachers and doing that for this year

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DTSD Webinars: did not require a tax increase. There did not. We were. We were increasing taxes to have to rent the bleachers. That that is not the case, and based on the conversation we've had thus far. Our capital reserve funds.

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DTSD Webinars: based on estimates of what we think it would be, are sufficient for constructing something like this. Correct? So the the taxpayer impact would potentially be minimal, correct, correct.

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DTSD Webinars: The other piece of this that I did want to mention is right now, there is no data out on the field.

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DTSD Webinars: and we do need to have data on the field for this fall.

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DTSD Webinars: In order to effectively operate games out there. Mr. Ayella is working on proposals for data. My requirement for those proposals is that whatever we do because it'll probably be somewhere between 20 and $30,000.

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DTSD Webinars: Whatever we do must translate into the new stadium, so that it is a part of that overall cost

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DTSD Webinars: that it is not explain what data out on the field Internet, wireless Internet, so that PA systems can be used so that coaches can communicate back and forth between press, box and the field, and we don't already have the setup. There we have.

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DTSD Webinars: we have. When everything was wired. So it was when the field was built it was built for wired processes.

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DTSD Webinars: but nobody uses wired processes anymore. And with the system upgrade that we've been in the process of doing across the district?

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DTSD Webinars: Is it able to kind of tag on to that? It is the fiber optics are out there. It's just a matter of connecting and I know that so far one proposal he has would be.

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DTSD Webinars: I'm

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DTSD Webinars: please understand. I do not have all of the it words for these things, but as he described it to me, one would be connecting to the light poles

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DTSD Webinars: for permanent, and would be staying there. One proposal suggested connecting

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DTSD Webinars: materials to the temporary surfaces, and I was like.

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DTSD Webinars: only if they can be pulled off and used

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DTSD Webinars: with new surfaces. But I would prefer something

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DTSD Webinars: that clearly is staying with the field. So that that is a part of that new build, right?

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DTSD Webinars: So I don't have those to bring before the board yet, but we're working on that piece.

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DTSD Webinars: And would that work be able to be completed in the very limited timeframe? Actually, yeah, you will see one of those proposals on September 9, th which is why I wanted to mention it today. So that you're aware that that is being worked on, and it is something that will come before you.

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DTSD Webinars: Probably in the next brief. Okay? Or should. Yeah, it will be in the next brief for the

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DTSD Webinars: September 9th agenda. But it will not wait until the September 23.rd I think that's the date. Now, we're hopefully playing games before. Exactly exactly

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DTSD Webinars: so.

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DTSD Webinars: Any other questions or thoughts with the stadium project.

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DTSD Webinars: Okay, I will do the an unfinished business for the board agenda. I will also mention this. And during that time thank you as well.

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DTSD Webinars: okay. And then the last thing on there is the contract list.

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DTSD Webinars: Are there questions with any of the contracts?

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DTSD Webinars: Anything that you would like me to review.

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DTSD Webinars: I don't see anything.

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DTSD Webinars: These would have all been

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DTSD Webinars: in the brief as well.

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DTSD Webinars: That's all I have, mister. Thank you. Anyone have any questions. Is there anyone in the audience for comment or online.

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DTSD Webinars: Okay, and then our next meeting will be September 20,

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DTSD Webinars: 3, rd

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DTSD Webinars: at 5 o'clock. Can I have a motion to adjourn.

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DTSD Webinars: So moved. Jennifer runs second, Stuart Mccarver

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DTSD Webinars: Finance Committee is adjourned at 5 49 Pm.