All nominees were introduced and allowed to make their election statements. The polls were closed at 9:25 a.m.

The minutes of the 2002 annual meeting were approved as presented.

Fred Manuel then presented the financial information which included receipts and disbursements for the calendar year 2002, cash receipts and disbursements from January 1, 2003 to August 16, 2003, a detailed listing of cash receipts and disbursements, a projection of the anticipated receipts and disbursement from August 16, 2003 to December 31, 2003, compared to the 2003 budget, and the 2004 proposed budget. Manuel noted that we started the year 2002 with $67,671.84 and ended 2002 with a balance of $140,430.56. $60,000.00 of this amount was allocated to the 2003 budget. Year to date receipts for 2003 are $36,999.01 and disbursement so far for 2003 are $54,556.28 leaving a balance on hand at August 16, 2003, of $122,873.29. Manuel estimated receipts for the balance of the year to be $24,500.00 and expenditures for the remainder of 2003 to be $53,557.00 resulting in an estimated balance at the end of 2003 of $93,816.29. $20,000.00 of this amount is being allocated to the 2004 budget. The 2004 proposed budget of $124,000.00 is reduced by the $20,000.00 from these reserves for a 2004 assessment to property owners of $104,000.00. The financial statements were file for audit

Manuel moved that we set aside unspent funds from 2003 for the comprehensive water study and approve additional mosquito sprayings for 2003. The motion was seconded and passed.

Under old business Lund reported on the resolution of the lawsuit filed against the PGOLID by Matt Noah and Robert Toussaint noting that the judge ruled in favor of the LID and required Noah and Toussaint to reimburse the LID for costs and disbursements of $345. Lund also reviewed the 2002 annual report on the activities of the LID.

Lund then introduced Steve McComas to present an interim report on the comprehensive water study being performed by Blue Water Science. McComas summarized his report by stating that:
          • Water chemistry results indicate the Pelican Lakes are in good shape.
          • Aquatic plant surveys were conducted for all four lakes. Curlyleaf pondweed, an exotic plant, was found in all four              lakes and had significant growth in the eastern end of Pelican and in several areas in Little Pelican. No Eurasian milfoil              was found in the lakes. The native milfoil, northern milfoil, has been found in a number of locations in the lakes.
          • Public access monitoring program to monitor for incoming Eurasian watermilfoil is being prepared.
          • Over 800 onsite system records at the County Courthouse have been examined. Data are being processes.
          • The final report is underway. Protection and improvement projects will be formulated.

Dave Majkrzak reported on the monitoring of the inflows and outflows into the lakes by RMB Laboratories.

Under new business Lund discussed emerging issues:
          a. Water quality preservation
          b. Mosquito abatement
          c. The Fish Lake dam repair
          d. The hiring of a lake management officer
          e. Other

Warren Diederich reported on the condition of the Fish Lake dam. He indicated that last winter the ice destroyed the center section of the dam which, if not repaired, would reduce the level of the lake by two feet from present levels. Diederich moved that the PGOLID create a committee to review the condition of the dam and determine the cost to repair or replace it. The motion was seconded and approved by a majority of those present
.
Dave Majkrzak moved that the board pursue the idea of hiring a lake management officer. The motion was seconded and passed by a margin of 81 to 67 votes.

Dave Majkrzak reported on arsenic testing of wells over 90 feet deep. He reported that wells in area lakes have been tested and many have exceeded the level of 10 ppb. He recommended that individual property owners test their own wells at this time.

Under other business Mark Bjerke moved to remove Matt Noah from the Board. The motion was seconded. The motion was declared out of order by parliamentarian Lori Beck.

Manuel then reported on the 2004 budget as follows:

2004 Budget	$ Dollars
Comprehensive water study	10,000
Problem resolution	20,000
Pest control	50,000
Water quality assessment/monitoring	15,000
Legal and financial	10,000
Buoys	2,000
Administrative expenses	17,000
Total	124,000
Less surplus from 2003	20,000
2004 assessment to property owner	104,000