5. Bookkeeper’s Report including approving payment of the bills and budget. Mr. Wilson recognized Ms. Pfeffer, who presented to and reviewed with the Board the Bookkeeper’s Report and Investment Report, copies of which are attached hereto as Exhibit D. Ms. Pfeffer discussed the current investments. She discussed the option of opening a certificate of deposit (“CD”) at either Veritex Community Bank or Third Coast Bank SSB. Upon motion by Director Smith-Boards, seconded by Director Jacobs, after full discussion and the question being put to the Board, the Board voted unanimously to open a CD at Third Coast Bank SSB with $220,000 at a yearly rate of 4.94%. Director Jones entered the meeting at this time. Director Randall left the virtual meeting and joined the meeting in person at this time. Discussion ensued regarding the capital projects fund. Upon motion by Director Higgins, seconded by Director Smith-Boards, after full discussion and the question being put to the Board, the Board voted unanimously to open Texas Class investment pool accounts for the capital projects fund and move $350,000 from the Central WWTP account and $250,000 from the Central Bank account into the Texas Class investment pool accounts. Discussion ensued regarding the debt service fund. Upon motion by Director Higgins, seconded by Smith-Boards, after full discussion and the question being put to the Board, the Board voted unanimously to move $325,000 from Central Bank to Logic. President Jacobs discussed a letter she received from the IRS regarding her W2 form. Mr. Wilson stated that he would contact President Jacobs to further discuss the issue. Upon motion by Director Higgins, seconded by Director Smith-Boards, after full discussion and after the question being put to the Board, the Board voted unanimously to approve the Bookk

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.7/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.