Humboldt Natural Gas Board Minutes

The Humboldt Natural Gas Board met in regular session Thursday, June 9^th, 2005. The meeting was called to order by Chairman Jim Jarding at 7:10 p.m. Members present were Harvey Shumaker, Kira Schmeichel and Ritchy Griepp. Lynn Froke was absent.

The minutes of the April 2005 meeting were reviewed. A motion was made by Schmeichel and seconded by Griepp to approve the minutes. The motion carried.

The financials for April and May 2005 were reviewed. A motion was made by Shumaker and seconded by Griepp to approve the financials. The motion carried.

The rate paid for April was $6.620 per dekatherm and May was $7.872 per dekatherm.

Rate for June will be $5.860 plus $0.9023 transportation.

Locking in for 12, 18, and 24 months was discussed.

The Customer Notification Brochures were sent in the May utility bills.

Purchasing calendars through APGA and sticky calendar were discussed. The cost for the full size calendars through APGA would be between $1.45 and $1.75 per calendar. The quote received from Goebel Printing in Sioux Falls was $0.726 per calendar which included set up costs.

A motion was made by Schmeichel and seconded by Griepp to purchase the sticky calendars for 2006. The motion carried.

Samples of colors will be obtained to see what colors are best liked.

Jim Jarding’s five year term on the board was up in May. He indicated that he did not want another five year term however would commit to one more year.

Nominations were taken for Chairman and Vice Chairman.

A motion was made by Schmeichel and seconded by Shumaker to appoint Jim Jarding as Chairman for another year. The motion carried.

A motion was made by Jarding and seconded by Schmeichel to appoint Harvey Shumaker as Vice Chairman. The motion carried.

Information on the incident in Ramsey MN was past to the board.

The next meeting will be on August 4^th, 2005 at 7:00 p.m.

With no further business, a motion was made by Shumaker and seconded by Schmeichel to adjourn the meeting at 7:40 p.m. The motion carried.

ATTEST: KRISTIE ELLIS

FINANCE OFFICER