The minutes from November 6 were approved with no additions or corrections. The November 99 to 2000 projections based on ratio. Some of the principle balance of interest has been spent. Parking lots come out of fund balance. No fee increase.
Reserves mandated on auxiliary account fund balances are fluid.
There is construction maintenance costs currently due in the original garage. The fund balance we assume on buildings is for additional fees to be charged. Richard Crosby stated fund balances pay for maintenance costs and parking lots. No fee increase if there is no parking garage built. Reserves mandated on auxiliary account fund balances are fluid.