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Home My WebLink About2016.06.21_OPWA AgendaRECEIVED PUBLIC NOTICE OF THE MEETING OF THE JUN 17 2016 %Lr OWASSO PUBLIC WORKS AUTHORITY Council Chambers, Old Central Building 109 N Birch, Owasso, OK 74055 Regular Meeting Tuesday, June 21, 2016 - 6:30 pm 1. Call to Order Chair Lyndell Dunn 2. Roll Call 3. Consideration and appropriate action relating to a request for approval of the Consent Agenda. (Ail matters listed under "Consent" are considered by the Trustees to be routine and will be enacted by one motion. Any Trustee may, however, remove an item from the Consent Agenda by request. A motion to adopt the Consent Agenda is non - debatable.) A. Approve minutes: • June 7, 2016, Regular Meeting • June 14, 2016, Regular Meeting B. Approve claims 4. Consideration and appropriate action relating to items removed from the Consent Agenda S. Consideration and appropriate action relating to Resolution 2016 -02, adopting the FY 2016 -2017 OPWA budget Linda Jones Staff recommends approval of Resolution 2016 -02. 6. Report from OPWA Manager 7. Report from OPWA Attorney 8. Official Notices to Authority (documents for acknowledgment or information only, no discussion or action will be taken) • Payroll Payment Reports: o Pay Period Ending Date 6/11/16 • Monthly Budget Status Report - May 2016 9. New Business (New Business is any item of business which could not have been foreseen at the time of posting of the agenda) 10. Adjournment Notice of Public Meeting filed in the office of the City Clerk and the Agenda posted at City Hall bulletin board at 6:00 pm on Friday, June 17, 2016. Sherry Bishop, Ofy Clerk OWASSO PUBLIC WORKS AUTHORITY MINUTES OF REGULAR MEETING Tuesday, June 7, 2016 The Owasso Public Works Authority met in regular session on Tuesday, June 7, 2016 in the Council Chambers at Old Central, 109 N Birch, Owasso, Oklahoma per the Notice of Public Meeting and Agenda filed in the office of the City Clerk and posted on the City Hall bulletin board at 6:00 pm on Friday, June 3, 2016. 1. Call to Order Chair Lyndell Dunn called the meeting to order at 7:40 pm. 2. Roll Call Present Chair - Lyndell Dunn Trustee - Doug Bonebrake Trustee -Jeri Moberly A quorum was declared present. Staff: Authority Manager - Warren Lehr Authority Attorney - Julie Lombardi Absent Vice- Chair- Chris Kelley Trustee - Bill Bush 3. Consideration and appropriate action relating to a request for approval of the Consent Agenda. (All matters listed under "Consent" are considered by the Trustees to be routine and will be enacted by one motion. Any Trustee may, however, remove an item from the Consent Agenda by request. A motion to adopt the Consent Agenda is non - debatable.) A. Approve minutes: • May 17, 2016, Regular Meeting B. Approve claims Ms. Moberly moved, seconded by Mr. Bonebrake to approve the Consent Agenda with claims totaling $474,820.48. YEA: Bonebrake, Moberly, Dunn NAY: None Motion carried: 3 -0 4. Consideration and appropriate action relating to items removed from the Consent Agenda None 5. Report from OPWA Manager None 6. Report from OPWA Attorney None 7. Official Notices to Authority (documents for acknowledgment or information only, no discussion or action will be taken) • Payroll Payment Reports: • Pay Period Ending Date 5/14/16 • Pay Period Ending Date 5/28/16 OPWA June 7, 2016 Page 2 8. New Business (New Business is any item of business which could not have been foreseen at the time of posting of the agenda) None 9. Adjournment Ms. Bonebrake moved, seconded by Ms. Moberly to adjourn the meeting. YEA: Bonebrake, Moberly, Dunn NAY: None Motion carried 3 -0 and the meeting adjourned at 7:41 pm. Lyndell Dunn, Chair Lisa Wilson, Minute Clerk OWASSO CITY COUNCIL, OPWA & OPGA MINUTES OF JOINT REGULAR MEETING Tuesday, June 14, 2016 The Owasso City Council, Owasso Public Works Authority, and Owasso Public Golf Authority met in a joint regular meeting on Tuesday, June 14, 2016, in the Council Chambers at Old Central, 109 N Birch Street, Owasso, Oklahoma per the Notice of Public Meeting and the Agenda filed in the office of the City Clerk and posted on the City Hall bulletin board at 6:00 pm on Friday, June 10, 2016. 1. Call to Order Mayor /Chair Lyndell Dunn called the meeting to order at 6:04 pm. Present Absent Mayor /Chair - Lyndell Dunn Councilor /Trustee - Bill Bush Vice - Mayor /Vice- Chair- Chris Kelley Councilor /Trustee - Doug Bonebrake Councilor /Trustee - Jeri Moberly (leaves at 7:12 pm) A quorum was declared present. 2. Discussion relating to Community Development items A. Rezoning - OZ -16 -04 (13707 E 96 St N) B. GO Plan, a Bicycle/ Pedestrian Master Plan Bronce Stephenson presented each item and discussion was held. It was explained that each request would be on the June 21, 2016 Council agenda for consideration and action. 3. Discussion relating to Capital Improvement Committee project recommendation Warren Lehr and Roger Stevens presented the item and discussion was held. It was explained that the required public hearing to seek citizen input on the Capital Improvement Committee's recommendation would be held during the June 21, 2016 Council meeting. 4. Discussion relating to street drainage improvement projects - Goldie's /169 Service Road and Ator Heights Roger Stevens presented the item and discussion was held. It was explained that staff is preparing bid documents for both projects and a request for Council consideration and action for a supplemental appropriation and to award a construction bid would occur in July or August 2016. Ms. Moberly exited the meeting at 7:12 pm. 5. Discussion relating to FY 2016 -2017 annual operating budgets Warren Lehr presented the item and discussion was held. It was explained that Resolutions would be on the June 21, 2016 Council /OPWA /OPGA agendas for consideration and action. 6. Discussion relating to Board and Committee Appointments Mayor Dunn presented the item and discussion was held. Mayor Dunn requested Council recommendations for appointments to fill vacancies on the various board and committees. 7. Discussion relating to City Manager items • Ratification of FOP Contract • Monthly sales tax report • City Manager report Owasso City Council, OPWA & OPGA June 14, 2016 Page 2 Warren Lehr advised that an item would be presented to Council during the June 21, 2016 meeting seeking ratification of the second year of the previously approved two -year FOP contract and discussion was held. Linda Jones provided the monthly sales tax report and discussion was held. Under the City Manager Report, Mr. Lehr announced that the city's contract with the Department of Corrections for the prisoner work program will expire on June 30, 2016 and will not be renewed; and advised that the City has been served in litigation styled Cody Robert Mathews v. City of Owasso, et al. B. City Council /Trustee comments and inquiries Councilor Bonebroke and Mayor Dunn commended staff. 9. Adjournment The meeting adjourned at 7:48 pm. Lyndell Dunn, Mayor/ Chair Juliann M. Stevens, Minute Clerk Claims List 6/21/2016 Budget Unit Title Vendor Name Payable Description PaymentAmount OPWA ADMINISTRATION UNIFIRST HOLDINGS LP UNIFORM CLEANING 36.52 UNIFIRST HOLDINGS LP UNIFORM CLEANING 36.42 TULSA TECHNOLOGY CENTER CONFINED SPACE TRAINING 200.00 JPMORGAN CHASE BANK CHARACTER TRAINING 178.07 UNITED STATES CELLULAR CORPORATION PW CELL PHONES 56.58 JPMORGAN CHASE BANK ACADEMY -HINGE 5.99 JPMORGAN CHASE BANK DEQ- LICENSE RENEWAL 184.00 AEP IPSO ELECTRIC USE 987.24 BLUE ENERGY FUELS, LLC CNG FUEL PURCH - MAY, 201 25.96 AT &T LONG DISTANCE SERVICE 2.85 AT &T CONSOLIDATED PHONE BILL 146.91 CITY GARAGE LABOR /OVERHEAD - JUNE, 20 152.41 SHI INTERNATIONAL CORP TABLET PC SOFTWARE 476.00 JPMORGAN CHASE BANK AMAZON - KEYBOARD 105.85 JPMORGAN CHASE BANK AMAZON - TABLET PC 937.99 JPMORGAN CHASE BANK AMAZON -PC TABLET CASE 69.95 ONEOK, INC OKLAHOMA NATURAL GAS INATURAL GAS USAGE 106.11 TOTAL OPWA ADMINISTRATION 3,708.85 UTILITY BILLING TODD C. KIMBALL METER READER 865.35 TECHNICAL PROGRAMMING SERVICES INC BILLING SERVICES 3,588.72 FELKINS ENTERPRISES, LLC 48HR DOOR HANGERS 570.00 TYRONE EUGENE DINKINS METER READER 277.35 TODD C. KIMBALL METER READER 586.80 TOTAL UTILITY BILLING 5,888.22 WATER TOMMY E. KITCHEN WATER MODEL UPDATE 10,536.24 VERDIGRIS VALLEY ELECTRIC COOP WATER CONTROL ELECTRIC 30.60 BLUE ENERGY FUELS, LLC CNG FUEL PURCH - MAY, 201 75.64 CITY GARAGE VEH PARTS PURCH -MAY, 20 29.22 AEP IPSO ELECTRIC USE 473.06 FLEETCOR TECHNOLOGIES FUELMAN EXP - MAY, 2016 661.16 CITY GARAGE LABORIOVERHEAD -JUNE, 20 1,887.33 JPMORGAN CHASE BANK LOWES -ROCK 15.12 JPMORGAN CHASE BANK LOWES- IMPACT DRIVER 194.92 JPMORGAN CHASE BANK DOEQ -CERT RENEWALS 782.00 JPMORGAN CHASE BANK DEQ- ANNUAL PERMIT FEE 433.12 CITY OF TULSA DEPT OF FINANCE LAB SERVICES FOR MAY 2016 500.00 JPMORGAN CHASE BANK HD SUPPLY - RESETTER /SADDLE 1,312.98 JPMORGAN CHASE BANK ACCURATE -LAB TESTING 745.00 CITY OF TULSA UTILITIES WATER 85,393.58 CITY OF TULSA UTILITIES WATER 144,689.10 JPMORGAN CHASE BANK BROWN FARMS-SOD 57.50 JPMORGAN CHASE BANK TRANSCO -PPE 76.60 Page 1 Claims List 6/21/2016 Budget Unit Title Vendor Name Payable Description PaymentAmount WATER... JPMORGAN CHASE BANK HD SUPPLY -METER CAN PART 33.69 JPMORGAN CHASE BANK HD SUPPLY - SHOVELS /CUTTERS 221.96 JPMORGAN CHASE BANK HD SUPPLY -POLY 165.00 JPMORGAN CHASE BANK HD SUPPLY - REPAIR PARTS 1,702.23 JPMORGAN CHASE BANK HD SUPPLY -PARTS 940.00 JPMORGAN CHASE BANK HD SUPPLY -METER SETTERS 1,007.50 JPMORGAN CHASE BANK HD SUPPLY- CLAMPS 305.90 JPMORGAN CHASE BANK WALMART- SUPPLIES 19.30 TWIN CITIES READY MIX, INC SIDEWALK REPAIR 96.00 UNIFIRST HOLDINGS LP UNIFORM CLEANING 55.02 UNIFIRST HOLDINGS LP JUNIFORM CLEANING 55.02 TOTAL WATER 252,494.79 SPORTSPARK WATER LINE E JPMORGAN CHASE BANK HD SUPPLY -FIRE HYDRANT 1,575.90 JPMORGAN CHASE BANK HD SUPPLY - FITTINGS 1,665.35 JPMORGAN CHASE BANK GREENHILL- SCREENINGS 668.15 TOTAL SPORTSPARK WATERLINE EXT 3,909.40 WASTEWATER TREATMENT VERIZON WIRELESS WIRELESS CONNECTION 80.02 CITY GARAGE LABOR /OVERHEAD - JUNE, 20 937.75 AT &T CONSOLIDATED PHONE BILL 64.52 FLEETCOR TECHNOLOGIES FUELMAN EXP - MAY, 2016 340.56 AEP /PSO ELECTRIC USE 25,316.37 JPMORGAN CHASE BANK LOWES- NOZZLES /SPRINKLERS 66.48 JPMORGAN CHASE BANK LOWES- LIGHTING 86.52 CITY GARAGE VEH PARTS PURCH -MAY, 20 325.07 AT &T LONG DISTANCE SERVICE 1.33 JPMORGAN CHASE BANK LOWES - SUPPLIES 25.72 UNIFIRST HOLDINGS LP UNIFORM CLEANING 71.03 SCHUERMANN ENTERPRISES, INC LEVELTRANSDUCERS 1,131.60 UNIFIRST HOLDINGS LP UNIFORM CLEANING 66.30 SEAL RITE CONTRACTORS INC REPAIR 5,000.00 JPMORGAN CHASE BANK KOMLINE- TRANSFER SEAL 184.60 JPMORGAN CHASE BANK KOMLINE- FILTER BELTS 4,174.56 JPMORGAN CHASE BANK OREILLY -PARTS 4.31 JPMORGAN CHASE BANK HACH CO- TESTING SUPPLIES 238.62 JPMORGAN CHASE BANK HACH CO -PIPET TIPS 115.69 JPMORGAN CHASE BANK HACH CO- TESTING SUPPLIES 306.08 JPMORGAN CHASE BANK HACH CO- TESTING SUPPLIES 346.89 JPMORGAN CHASE BANK HACH CO- TESTING SUPPLIES 176.95 JPMORGAN CHASE BANK TRANSCO -PPE 76.60 JPMORGAN CHASE BANK HD SUPPLY -PARTS 193.55 JPMORGAN CHASE BANK P &K EQUIP- TRIMMER HANDLE 16.96 JPMORGAN CHASE BANK WASTE MGMT- SLUDGE REMOVAL 2,012.72 Page 2 Claims List 6/21/2016 Budget Unit Title Vendor Name Payable Description Payment Amount WASTEWATER TREATMENT... JPMORGAN CHASE BANK JMFGS EDGE -PUMP HOUSING 1,018.10 TOTAL WASTEWATER TREATMENT 42,378.90 WASTEWATER COLLECTION! JPMORGAN CHASE BANK BUMP2BUMP -OIL DRY 187 JPMORGAN CHASE BANK HD SUPPLY - SUPPLIES 74.02 JPMORGAN CHASE BANK TRANSCO -PPE 76.60 JPMORGAN CHASE BANK HD SUPPLY -PARTS 95.98 UNIFIRST HOLDINGS LP UNIFORM CLEANING 45.85 SCHUERMANN ENTERPRISES, INC LEVELTRANSDUCERS 1,131.60 UNIFIRST HOLDINGS LP UNIFORM CLEANING 45.85 JPMORGAN CHASE BANK BA ELECTRIC -MOTOR STARTER 1,223.44 BLUE ENERGY FUELS, LLC CNG FUEL PURCH - MAY, 201 179.30 VERDIGRIS VALLEY ELECTRIC COOP COFFEE CREEK ELECTRIC 554.46 EAGLE PRECISION ELECTRIC LLC REPLACEMENT POLE 8,677.00 CITY GARAGE VEH PARTS PURCH - MAY, 20 335.97 JPMORGAN CHASE BANK COMM POWER SOL- GENERATOR 125.00 JPMORGAN CHASE BANK COMM POWER SOL- CAPACITORS 216.63 JPMORGAN CHASE BANK HD SUPPLY - MANHOLE RING 110.00 JPMORGAN CHASE BANK HD SUPPLY - MANHOLE RINGS 712.66 JPMORGAN CHASE BANK LOWES -TRASH CANS 34.74 JPMORGAN CHASE BANK HOME DEPOT - SUPPLIES 43.96 VERDIGRIS VALLEY ELECTRIC COOP GARRETT CREEK ELECTRIC 187.59 VERDIGRIS VALLEY ELECTRIC COOP GARRETT CREEK ELECTRIC 303.49 FLEETCOR TECHNOLOGIES FUELMAN EXP - MAY, 2016 339.38 ONEOK, INC OKLAHOMA NATURAL GAS NATURAL GAS USAGE 178.79 JPMORGAN CHASE BANK HD SUPPLY- RETURN - 230.00 CITY GARAGE LABOR /OVERHEAD - JUNE, 20 1,355.91 VERIZON WIRELESS WIRELESS CONNECTION 80.04 AEP /PSO ELECTRIC USE 6,453.60 TOTAL WASTEWATER COLLECTIONS 22,370.16 REFUSE COLLECTIONS VERIZON WIRELESS WIRELESS CONNECTION 29.65 COVANTA LANCASTER, INC REFUSE TIPPING FEES 6,400.84 AT &T CONSOLIDATED PHONE BILL 10.75 REHRIG PACIFIC CO. REFUSE CONTAINERS 17,612.40 FLEETCOR TECHNOLOGIES FUELMAN EXP - MAY, 2016 3,347.81 FLEET SERVICE OF TULSA, INC REPAIRS 5,918.79 COVANTA LANCASTER, INC REFUSE TIPPING FEES 5,203.10 CITY GARAGE LABOR/OVERHEAD - JUNE, 20 6,488.33 CITY GARAGE VEH PARTS PURCH - MAY, 20 6,208.05 BLUE ENERGY FUELS, LLC CNG FUEL PURCH - MAY, 201 1,262.47 UNIFIRST HOLDINGS LP UNIFORM CLEANING 38.16 UNIFIRST HOLDINGS LP UNIFORM CLEANING 38.16 UNITED ENGINES, LLC IREPLACEMENT RAILS 1,555.20 Page 3 Claims List 6/21/2016 Budget Unit Title Vendor Name Payable Description PaymentAmount REFUSE COLLECTIONS... LENOX WRECKER SERVICE INC TOWING 335.00 UNITED ENGINES, LLC CYLINDER, LIFT & REACH 1,093.00 FLEET SERVICE OF TULSA, INC REPAIRS 1,277.01 FLEET SERVICE OF TULSA, INC REPAIRS 906.98 UNITED ENGINES, LLC REPAIRS 1,387.46 UNITED ENGINES, LLC ARM LIFT CYLINDER REPAIR 1,093.00 JPMORGAN CHASE BANK TRANSCO -PPE 76.60 UNITED STATES CELLULAR CORPORATION PW CELL PHONES 51.47 UNITED ENGINES, LLC REPAIRS 210.41 JPMORGAN CHASE BANK KIMS INT'L -HOSE & CLAMPS 26.29 JPMORGAN CHASE BANK BUMP28UMP -HOSE CLAMPS 12.72 TOTAL REFUSE COLLECTIONS 60,583.65 RECYCLE CENTER JPMORGAN CHASE BANK WASTE MGMT- TIPPING FEES 1,509.87 TULSA COUNTY BOCC SIGNS 193.80 OR] RECOVERY, INC USED OIL & ANTI- FREEZE RE 80.00 ORI RECOVERY, INC USED OIL COLLECTION FEE 80.00 UNIFIRST HOLDINGS LP UNIFORM CLEANING 11.05 AT &T LONG DISTANCE SERVICE 1.62 UNIFIRST HOLDINGS LP UNIFORM CLEANING 11.05 AT &T CONSOLIDATED PHONE BILL 10.75 CITY GARAGE LABOR /OVERHEAD - JUNE, 20 427.08 AEP IPSO I ELECTRIC USE 103.51 TOTAL RECYCLE CENTER 2,428.73 OPWA DEBT SERVICE JBANCFIRST 874317019/06 NOTE 56,000.00 TOTAL OPWA DEBT SERVICE 56,000.00 449,762.7 FUND GRAND TOTAL OPWA ST SUB - DEBT SERV ISF SHOPS INVESTORS, L.P. DEVELOPMENT AGREEMENT 58,474.84 TOTAL OPWA ST SUB -DEBT SERV 58,474.84 58,474.8 FUND GRAND TOTAL OPWA GRAND TOTAL $508,237.54 Page 4 O—T City Wit out Limits. TO: The Honorable Chair and Trustees Owasso Public Works Authority FROM: Linda Jones Finance Director SUBJECT: Resolution 2016 -02 FY 2016 -2017 Annual Operating Budget DATE: June 17, 2016 BACKGROUND: Pursuant to statutory and Charter provisions, an annual operating budget for the General Fund, OPWA Fund, OPGA Fund and other funds has been developed and was transmitted for City Council review on May 10, 2016. The proposed budget was discussed during the May and June Council work sessions. Printed copies of the proposed budget have been available for public viewing at City Hall, the Owasso Library, and on the City's website. On June 1, 2016, legal notice of a public hearing was published in the Owasso Reporter, and such hearing was conducted on June 7, 2016. The public hearing provided opportunity for citizen comment and questions relating to the proposed budget. Resolution 2016 -02 provides for the adoption of a fiscal year budget for the Owasso Public Works Authority. RECOMMENDATION: Staff recommends approval of Resolution 2016 -02 adopting a Fiscal Year 2016 -2017 budget for the OPWA Fund. OPWA Resolution 2016 -02 OWASSO PUBLIC WORKS AUTHORITY OWASSO, OKLAHOMA OPWA RESOLUTION 2016 -02 A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR 2016 -2017 FOR THE OWASSO PUBLIC WORKS AUTHORITY. WHEREAS, The Owasso Public Works Authority was created as a Title 60 Public Trust; and WHEREAS, The Authority Manager has prepared a budget for the fiscal year ending June 30, 2017 (FY 2016- 2017); and WHEREAS, the budget has been formally presented to the Trustees; and WHEREAS, certain budget filing requirements are mandated by State Statutes. NOW, THEREFORE, BE IT RESOLVED BY THE TRUSTEES OF THE OWASSO PUBLIC WORKS AUTHORITY, THAT: Resources available in the amount of $37,931,222 are hereby appropriated as follows: Administration $830,833 Utility Billing $459,946 Water $4,197,013 Wastewater Treatment $1,632,389 Wastewater Collections $580,813 Refuse $1,536,168 Recycle Center $194,238 Debt Service $6,470,444 Interfund Transfers Out $22,029,378 THAT: The effective date of this Resolution shall be July 1, 2016. PASSED, ADOPTED AND APPROVED This 21s' Day of June, 2016, by the Trustees of the Owasso Public Works Authority. Lyndell Dunn, Chair ATTEST: Sherry Bishop, Authority Secretary APPROVED AS TO FORM: Julie Lombardi, Authority Attorney OWASSO PUBLIC WORKS AUTHORITY PAYROLL PAYMENT REPORT PAY PERIOD ENDING DATE 06/11/16 Department Payroll Expenses Total Expenses OPWA Administration 10,373.79 15,391.32 Utility Billing 5,275.68 9,899.30 Water 13,999.32 24,010.42 Wastewater 12,224.87 20,777.39 Wastewater Collection 8,646.86 14,126.42 Refuse 13,278.53 20,373.18 Recycle Center 1,131.60 1,750.17 FUND TOTAL 64,930.65 106,328.20 OWASSO PUBLIC WORKS AUTHORITY - OPERATING FUND FISCAL YEAR 2015 -2016 Budgetary Basis Statement of Revenues & Expenses As of May 31, 2016 OPERATING REVENUES: Water Wastewater Refuse & recycle Other Utility fees TOTAL OPERATING REVENUES OPERATING EXPENSES: OPWA administration Utility Billing Water Wastewater Refuse & Recycle Debt payments TOTAL OPERATING EXPENSES OPERATING REVENUES OVER EXPENSES NONOPERATING REVENUES (EXPENSES) Interest Other revenues Transfers in Transfers out TOTAL TRANSFERS MONTH YEAR PERCENT TO -DATE TO -DATE BUDGET OF BUDGET $ 425,408 $ 5,014,285 $ 5,337,700 93.94% 330,076 3,626,142 3,807,310 95.24% 163,488 1,706,407 2,027,670 84.16% 19,051 224,159 276,325 81.12% 938,023 10,570,994 11,449,005 92.33% $ (63,350) $ (764,329) $ (820,218) 93.19% (45,214) (380,208) (417,831) 91.00% (321,642) (3,926,816) (4,406,864) 89.11% (163,801) (1,699,036) (1,745,910) 97,32% (89,297) (1,420,924) (1,855,113) 76.60% (266,445) (3,165,558) (3,459,800) 91.50% (949,749) (11,356,871) (12,705,736) 89.38% (11,725) (785,877) (1,256,731) $ 598 $ 8,618 $ 20,000 43.09% 888 18,718 12,275 152.49% - 257,401 265,735 96.86% - (300,000) (400,000) 75.00% 1,486 (15,263) (101,990) LONG -TERM DEBT PROCEEDS AND EXPENDITURES Proceeds of long -term debt $ $ 528,960 $ 529,260 Expenditures of long -term debt (528,960) (529,260) TOTAL LONG -TERM DEBT PROCEEDS AND EXPENDITURES - - - NET INCOME (LOSS) ENCUMBRANCES OUTSTANDING WORKING CAPITAL - Beginning Balance $ (10,240) $ (801,141) $ (1,358,721) $ (372,569) 1,867,540 1,867,540 WORKING CAPITAL- Ending Balance $ 693,830 $ 508,819