News from 6/22/22 12:00am to 9/6/22 12:00am

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September 6, 2022

Turbidity in the Water

We have been advised that there is some turbidity in the water. As we work to identify the issue, you may choose to either filter the water for drinking; use bottled water; or continue using it.

To help identify the source, we will shut down one of our wells for a couple of days, hopefully allowing the water to clear and identifying the source.

August 31, 2022

NOTICE OF ANNUAL MEETING AND PROXY

OF THE SHAREHOLDERS OF MOUNTAIN MEADOWS MUTUAL WATER COMPANY, A CALIFORNIA CORPORATION.

NOTICE IS HEREBY GIVEN that the Annual Meeting of the Shareholders of the Mountain Meadows Mutual Water Company (“MMMWC”) will be held at the Crowley Lake Community Center at 9:00 a.m. on Saturday, October 22, 2022 for the following purposes:

1. President’s opening remarks.

2. Approve the minutes of the 2021 annual meeting.

3. Review financial status, capital expenditures and financial needs.

4. Provide update on wells, system and cross connection survey

5. Discuss water conservation policies, commercial water sales and rate structure

6. System Operator needs

7. Discuss any other business that comes before the Shareholders.

8. Elect new Board of Directors.

Only the Shareholders of record at the close of business on October 21, 2022 will be entitled to vote at the meeting.

PROXY

The undersigned owner(s) of Lot no. _____________, Mountain Meadows Mutual Water Company acknowledge the receipt of a copy of the notice of Annual Meeting and hereby appoint___________________________________________, as proxy of the undersigned, with full power of substitution, to vote the membership unit standing in the name of the undersigned at the Annual Meeting of the members of the Mountain Meadows Mutual Water Company, to be held Saturday, October 22, 2022 at 9:00a.m. and any adjournment or adjournments thereof, upon such matters as may properly come before the meeting.

DATED:______________________

SIGNED:_________________________________

ADDRESS:_______________________________________

PLEASE RETURN TO MMMWC, P.O. BOX 5038 MAMMOTH LAKES, CA 93546

Or Scan and Email to info@butnerhoaservices.com

PLEASE REGISTER/UPDATE YOUR E-MAIL ADDRESS AT WWW.MOUNTAINMEADOWSWATER.COM

August 25, 2022

Save the Date!

The annual meeting of the Mountain Meadows Mutual Water Company will be held at the community center on October 22, 2022 at 9:00am. We look forward to seeing you there.

July 20, 2022
June Financials
         
    Current  Actual Annual % of
   Quarter  Year to Date   Budget   Budget
REVENUES          
Water Assessments    17,509   34,434   75,000  46%
Hook Up fees   -   -   -   
Commercial Water Sales   32,025   34,708   -   
Late Charges    167   785   450  174%
Interest Income   447   883   500  177%
TOTAL REVENUES    50,148   70,810   75,950  93%
          
ADMINISTRATIVE EXPENSES          
Uncollectible Receivables   -   -     
Accounting Services   1,334   2,522   5,700  44%
Insurance    3,108   3,108   3,200  97%
Legal Services   -   405   1,000  41%
Office Supplies & Postage   322   885   1,600  55%
Taxes   25   (6)  825  -1%
Telephone   427   846   1,850  46%
TOTAL ADMINISTRATIVE EXPENSES    5,216   7,760   14,175  55%
         
MAINTENANCE & SUPPLIES          
Depreciation Expense   17,208   34,416   42,000  82%
Maintenance & Repairs   23,256   32,143   25,000  129%
Water Testing   65   414   1,000  41%
TOTAL MAINTENANCE & SUPPLIES    40,529   66,973   68,000  98%
         
UTILITIES          
Electricity    6,802   11,928   25,000  48%
TOTAL UTILITIES    6,802   11,928   25,000  48%
          
TOTAL EXPENSES    52,547   86,661   107,175  81%
         
REVENUE LESS EXPENSE (DEFICIT)    (2,399)  (15,851)  (31,225) 51%
         
June 22, 2022
March Financials
          
    Current  Actual Annual % of 
   Quarter  Year to Date   Budget   Budget  
REVENUES           
Water Assessments    16,924   16,924   75,000  23% 
Hook Up fees   -   -   -    
Commercial Water Sales   2,683   2,683   -    
Late Charges    618   618   450  137% 
Interest Income   436   436   500  87% 
TOTAL REVENUES    20,661   20,661   75,950  27% 
           
ADMINISTRATIVE EXPENSES           
Uncollectible Receivables   -   -      
Accounting Services   1,188   1,188   5,700  21% 
Insurance    -   -   3,200  0% 
Legal Services   405   405   1,000  41% 
Office Supplies & Postage   563   563   1,600  35% 
Taxes   (31)  (31)  825  -4% 
Telephone   420   420   1,850  23% 
TOTAL ADMINISTRATIVE EXPENSES    2,545   2,545   14,175  18% 
          
MAINTENANCE & SUPPLIES           
Depreciation Expense   17,208   17,208   42,000  41% 
Maintenance & Repairs   8,887   8,887   25,000  36% 
Water Testing   350   350   1,000  35% 
TOTAL MAINTENANCE & SUPPLIES    26,445   26,445   68,000  39% 
          
UTILITIES           
Electricity    5,126   5,126   25,000  21% 
TOTAL UTILITIES    5,126   5,126   25,000  21% 
           
TOTAL EXPENSES    34,116   34,116   107,175  32% 
          
REVENUE LESS EXPENSE (DEFICIT)    (13,455)  (13,455)  (31,225) 43% 
           
          

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