June
6, 2011
MONDAY 6:00
PM
Water
and Light Office
The meeting duly noticed and warned was
called to order at 6:00 PM.
PRESENT:
Trustees: Dana Wildes, Wallace
Reeve, Tim Sargent, Peter Bourne, and Ed DeBor
Staff:
Craig Myotte
1)
PUBLIC
MEETING:
No members of the general public were in
attendance at the meeting.
2)
MANAGEMENT
REPORT:
Craig
responded to questions regarding the Management Report and noted various
questions on the financials to discuss with Penny.
3)
Approve
Minutes of Meeting Held May 16, 2011:
On
a motion by Trustee Bourne, seconded by Trustee Reeve and unanimously approved,
the Board approved the minutes of the May 16, 2011, regular meeting.
4)
Approve LIENS:
On
a motion by Trustee Sargent, seconded by Trustee Reeves and unanimously
approved, the Board approved placing a lien on James Edwards purchased the property at 1333 Elmore Pond Road, Wolcott
in the amount of $356.86.
5)
DISCUSS
POWER SUPPLY ISSUES:
Craig provided an update on the hydro improvement project. The
following projects are planned for 2011 1) Headgates
at Cadys Falls, 2) Generator Repair at Cadys Falls and 3) Crest Control at Morrisville.
Craig reported some concerns about the crest control project for
Morrisville. MW&L needs to place the order for the crest gates by June 15.
Craig stated he is contacting State agencies to gauge support of the project
and plans to contact Obermeyer to discuss construction
time and deferring delivery. Craig will pursue thought of proceeding with the
preparation work at this time.
VPPSA is recommending Morrisville participate in reclassifying its
hydro generation in ISO-NE to remove it from the marketplace. The hydro would
become an hourly load reducer. The Trustees stated they are generally in favor
of the action.
Craig reviewed power supply costs through April 2011. Power supply
costs are $50,000 or 3% under budget for the first 4 months of 2011. There was
also discussion of energy sales being above budget through the first 4 months.
The Trustees discussed recent news about Green Mountain Power
purchasing power from the Seabrook nuclear plant and Central Vermont Public
Service being acquired by a Canadian firm.
6)
OTHER
BUSINESS:
Craig provided the Trustees on the Harrel Street
extension. The main line work has been completed. The service lines to Turtle
Fur, Concept II and Butternut Mountain Farms have been completed and have
connected to our collection system.
Craig reviewed the action plan for the Demars
Road sewer line extension.
Craig provided a summary of the work plan reported by Weston &
Sampson for June 2011 for the Phase 2 report on the Gristmill/Creamery
buildings and property.
Trustee Sargent announced he would be resigning as a Trustee at the end
of June 2011.
Craig updated the Trustees on the sale of the Zack Woods property 28
acre parcel. Progress has been painfully slow.
Craig reported the loan closing with Union Bank for the hydro
improvements went very smooth.
7) EXECUTIVE
SESSION:
On
a motion by Trustee Sargent and seconded by Trustee Bourne and unanimously
approved, the Trustees went in executive session to discuss contractual and
personnel matters at 7:30 PM.
On
a motion by Trustee Bourne and seconded by Trustee Bourne and unanimously
approved, the Trustees came out of executive session at 8:00 PM.
8) ADJOURNMENT:
At 8:00 PM, on a motion by Trustee Sargent,
seconded by Trustee Bourne and unanimously approved, the Board adjourned the
meeting.
___________________________________
Wallace Reeve, Clerk