June 21, 2010
MONDAY 6:00 PM
Water and Light Office
The meeting duly noticed and warned was called to order at 6:00 PM. The minutes of this meeting will be recorded as meeting notes rather than minutes due to the lack of a quorum at the meeting and will be included in the record of minutes for completeness sake.
PRESENT: Trustees: Wallace Reeve and Dana Wildes
Staff: Craig Myotte and Jim Fontaine
ABSENT: Trustee DeBor, Trustee Bourne and Trustee Sargent, Staff Penny Jones
1) PUBLIC MEETING:
No members of the public were present.
2) CURRENT PRIORITY PROJECTS:
Tabled.
3) MANAGEMENT REPORT:
Tabled.
4) APPROVE MINUTES OF MEETING HELD JUNE 7, 2010:
Deferred due to lack of quorum.
5) APPROVE LIENS:
Deferred due to lack of quorum.
6) DISCUSS POWER SUPPLY ISSUES:
Craig reviewed his hydro financing plan with the Trustees. For our hydro projects, Craig would like to concentrate on the generator for the Green River bypass first using funds from the Zackwoods sale. The design-work can be accomplished in 2010 with actual work scheduled for 2011. The Cady’s Falls hydro improvements would be designed in 2011 and constructed in 2012. Finally, the Morrisville hydro improvements would be designed in 2012 and constructed in 2013. This allows all the improvements to be completed before we file our new license application in 2013.
The plan offered by staff minimizing borrowing. Trustee Wildes stated he would like to see the cash flow for a scenario where we borrow all the funds needed to do the improvements since financial experts say borrowing rates have bottomed out and will only go up in the future. The hydro financing plan will be revisited at the next Trustee meeting.
7) DISCUSS SEWER ORDINANCES:
The Trustees had a brief discussion on the sewer ordinances with staff.
8) OTHER BUSINESS:
The Functional Consolidation Committee is still on track to present its recommendations at a joint board meeting by the end of June.
Jim discussed the Union Street project with the Trustees. In anticipation of replacing the Union Street sewer line, a survey of the street was conducted uncovering many T-intersections (water) and not enough room for sanitary separation between existing water and proposed sewer. If we replace both the water and sewer lines, we can keep them in the road ROW and keep the 10’ required separation. Jim would like to use $50,000 to do the water at the same time or abandon the street completely and move onto the next one. As replacing just the sewer will require total repavement, Jim recommends doing the water at the same time. The Trustees discussed other project options.
9) EXECUTIVE SESSION:
None.
10) ADJOURNMENT:
At 7:45 PM, the meeting was adjourned.
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Craig Myotte – Note Taker