Minutes of the Meeting of the Collegeville-Trappe Municipal Authority Trappe Borough Hall Trappe, Pennsylyania March 25, 2025 Chairwoman McKinney called the Collegeville-Trappe Municipal Authority meeting to order on1 the above date at 7:00 PM. Members present were Mrs. McKinney, Mrs. Beckius, Mr. Farr, Mr. Strauss, Ms, Perlin, and Mr. Borrelli. Also present were attorneys Rebecca Geiser of Kilkenny Law, LLC, and Dave Onorato of Hladik, Onorato & Federman, LLP, the engineer, Matt Boggs, of Entech Engineering and the Director, Joseph Hastings. The members stood for the Pledge of Allegiance to the Flag. MINUTES: Mr. Strauss made a motion to approve the February 25, 2025 minutes as presented. Mr. Farr seçonded and the motion passed unanimously. PUBLIC INPUT: There was no public input. ENGINEER'S REPORT: Mr. Boggs presented the Engineer's Report to the committee and is attached herewith. There was no update for the Castle Cove project. The engineer reported that the contractor for the 2022 I & I Phase 4 Sewer Improvements project is addressing the punch list items this week, after which they will provide the close out documents. Mr. Boggs reported paving is scheduled for this week at Fugo Tract Development, after which only manhole adjustments are left for the completion ofthis project. A substantially complete letter will be issued and the punch list was provided lo the contractor for 56-62 Seventh Ave Development. There was no update for the Bronson Circle Development project although construction is anticipated to be scheduled for the summer, TREASURER'S REPORT: Mr, Farr presented the Victory Bank's check regisler which is attached herewith. The beginning balance on the check register as of February 25, 2025, was $88,250.40 deposits were $128,517.15and disbursements were $106,402.74, leaving an ending balance of$110,364.81 on March 24, 2025. I was noted that there are two escrows being returned. Mr. Farr made a motion to approve check number 1755 through 1777, along with all EFTs and general journal entries listed. Mr. Strauss seconded the motion and the motion passed unanimously. Mr. Farr motioned to move invest $500,000 in a 12 month PLGIT Term product. Ms. Perlin seconded and the motion passed unanimously. Mr. Farr reviewed the other financial reports which are also attached herewith. Page 1 of2 Collegeville Trappe Municipal Authority - Meeting Minutes March 25, 2025 DIRECTOR'S REPORT: The Director presented the Director' s Report and is attached herewith, SOLICITORS' REPORT: There were no solicitors' reports. LPVRSA REPORT: There was no LPVRSA report. Mrs. Beckius made a motion to approve the Business Reports, which was seconded by Mr. Farr and the motion passed unanimously. OLD BUSINESS: There was no old business. NEW BUSINESS: There was no new business, PUBLIC INPUT: There was no public input. The meeting was adjourned at 7:11 PM. Darry Borrelli, Secretary Page 2 of2