The minutes of the regular meeting of the Ways and Means Committee of the Town of James Island held Tuesday, September 2, 2003 at 6:30 p.m. at the Town Hall, 1246 Camp Road.

The meeting was called to order by Mayor Mary Clark with Councilmen Joe Qualey, Parris Williams and Bill Woolsey present; Councilman Bill Wilder arrived late.  There was a quorum present to conduct business. 

Councilman Woolsey moved that the minutes of the meeting held August 19, 2003 is accepted as written; Councilman Williams seconded.  The motion carried unanimously.

Old Business:

The decision on the type of audit the Town will have for the fiscal year 2002-2003 was to be decided in order to let the accounting firm know and to begin the audit.  Councilman Woolsey moved

THAT the Town Council for James Island chooses the cash receipts approach for the audit for the fiscal year 2002-2003. 

The motion was seconded by Councilman Qualey.  As there was no discussion, the vote was unanimous to accept this motion.

New Business:

The first item of new business was a request for a budget for the Grants Committee.  Chairman Bob Kline reported that this request was being made because a committee member had learned that the committee had the opportunity for a joint venture with the College of Charleston for the Town to get the work for a needs assessment done at a reasonable cost to the Town.  At the most recent meeting, the membership decided that they are not yet fully prepared to take this step; therefore, the Grants Committee Chairman asked to defer action on this agenda item to a date in the future yet to be determined. 

The second item on the agenda was discussion of this joint venture with the College of Charleston, and it was also deferred to a later date.

As there was no additional business to come before this Committee, the meeting was adjourned.