The meeting will be a hybrid format, both in person at the DWA building and online via Zoom. All shareholders are invited to attend.
Link https://us02web.zoom.us/j/5160276420 Meeting ID 516 027 6420.
Call To Order:
Welcome
Present/Quorum
Consent Items:
Approve: Contents and order of this Agenda
Approve: Minutes of previous meeting (https://www.docktonwater.org/2024/11/11/board-meeting-minutes-draft-october-26-2024/).
Information Items:
Guest Speakers comments (if any):
Board Member comments (if any):
President’s Report:
- Update on King Co. Parks & Recreation’s offer to purchase a conservation easement on DWA’s property on SW 268th St, near Hake Rd SW, adjacent to the recently designated Manzanita Natural Area.
- Offer amount for conservation easement is $590,000
- Offer expiration date extended to June 30, 2025
- Appraisal by CBRE values property at $689,360; value after easement (if granted) is $100,000; offer covers difference
- Site size: 24.62 acres (1,072,477 sq. ft.)
- Conservation easement would transfer all residential development rights to King Co., who will sell to a developer for new residences in a different location. Therefore, no future development would be permitted on the property, if the offer is accepted as is.
- Representative from King Co. Parks & Recreation will attend the next Board meeting in person on Jan. 25, 2025 to answer questions from the Board and Shareholders.
- Survey for Shareholders will open next week to ask for initial comments, input and questions. As appropriate, these comments and questions will be shared with King Co. in advance of the meeting on Jan. 25.
- Possible timeline of next steps:
- Survey to Shareholders available 12/13/2024 to 1/20/2025
- King Co. representative attend DWA Board meeting on 1/25/2025
- Second-round survey to Shareholders available 1/31/2025 to 2/17/2025
- Board to determine how to proceed at meeting on 2/22/2025, including whether to ask Shareholders for a formal vote to sell the conservation easement, to propose a different arrangement, to further investigate, or to reject the offer outright.
Manager/Operator Report:
- Update on potential change of scope for new wells at Dockton Springs
- Recent conversations indicate WA Dept. of Health may not approve three (3) new wells at site without a new filtration system or treatment plant; the contact basin may be deemed insufficient.
- Update on Sandy Shores PRV replacement
- Update on transition to new billing system
- Other updates
Water Production Committee:
CIP Planning Committee:
Finance Committee:
- Brief update of Fund Flow through October
Community Outreach Committee:
Old Business / Carryover Items:
- Update on preservation and restoration of DWA building. (Susan)
New Business / Discussion Items:
- Idea for possible new By-Law (which will ultimately require vote of membership) that defines a new “Legacy Fund” (to operate as a “Quasi Endowment”) that will define restrictions on the management of a “windfall” from any transaction (sale, lease, etc…) related to 268th/Hake Springs property. (Todd)
Other Business:
What Did We Decide?
- APRIL:
- DARTON:
- DAVE:
- PATRICK:
- PAUL:
- SAM:
- SUSAN:
- TODD:
Next Board Meeting: Saturday, Jan. 25, 2024
Board meetings are usually held on the fourth Saturday of the month at 10:00 AM. The November and December meetings are often combined into a single meeting in early December to avoid conflicts with holidays. Upcoming meeting dates are: January 25, February 22 and March 22.