May
2, 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, Tim
Sargent, Peter Bourne, and Ed DeBor
Staff:
Craig Myotte, Penny Jones
Absent:
Trustee Reeves
Guest: Jim
Mahoney
1)
PUBLIC
MEETING:
No
members of the general public were in attendance at the meeting.
2)
MANAGEMENT
REPORT:
Craig
and Penny discussed various items in the Management report covering the past
two weeks.
3) APPROVE
MINUTES OF MEETING HELD APRIL 18, 2011:
On
a motion by Trustee Sargent, seconded by Trustee Bourne and unanimously
approved, the Board approved the minutes of the April 18, 2011, regular
meeting.
4) APPROVE
MINUTES OF MEETING HELD APRIL 11, 2011:
On
a motion by Trustee Sargent, seconded by Trustee Bourne and unanimously
approved, the Board approved the minutes of the April 11, 2011, annual meeting.
Trustee Reeves abstained.
5) APPROVE
LIENS:
On
a motion by Trustee Bourne, seconded by Trustee DeBor and unanimously approved,
the Board approved the lien on 202 Maple Street.
6) APPROVE
MORTGAGE FOR TRUST FOR PUBLIC LAND OPTION PAYMENT:
Mr.
Mahoney provided the Trustees with an opinion on the Mortgage with the Trust
for Public Land related to the option agreement.
On
a motion by Trustee Wildes, seconded by Trustee Sargent and unanimously
approved, the Board decided not to sign a mortgage with Trust for Public
Land.
The
Trustees asked Mr. Mahoney and Craig to investigate escrowing the Option
payment.
7) 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. We have bids for the Headgates and
Crest Control. We will have bids on the generator repair in May. We received a
letter from FERC saying we need to amend our license for the Crest Control
project. I need to contact FERC this week to see what is involved in amending
our license. We are planning to close on the line of credit with Union Bank on
May 16. Paul Giuliani is preparing an opinion letter for Union Bank on the line
of credit/loan. Paperwork will be available at the May16 meeting for you to
approve and sign.
Craig reviewed items discussed at
the Power supply Task Force meeting.
8) OTHER BUSINESS:
Craig provided the Trustees on the Harrel
street extension. Cost Allocation Agreements have been signed. Easements have
been received. The project commenced 4/18/11. The sewer line is in to
Industrial Ave.and Harrel
Street intersection as of April 29. Turtle Fur participation decided. Cost
Allocation Agreement signed with Turtle Fur. Contract with Percy revised to
construct to Turtle Fur (MH #8). CCS participation is pending. We received our
first bill received from Percy. Bills to be sent out to IP
Participants for 50% of construction payment in cost allocation Agreement.
Alpine Snow Guard has already paid 100%.
The Trustees reviewed the Amy Wade request
for 2011. The request totaled $35,000.
On a motion by Trustee Bourne and seconded by
Trustee Sargent, a majority of the Trustees approved MACC’s request for $1,000
for soil, pots and flowers, MACC’s request for $1,000 for maintaining pots, 50%
of the Town’s request for chairs for a total of $480 (two chairs) with the
condition the Town agree to purchase two chairs and $75 for a tree for the 1st
Congregational Church. Trustee Debor voted against
the motion.
A sewer line to Leo’s Small Engine repair
does not appear feasible. The Trustees asked Craig to develop a plan for
determining the viability of the Demars Road
extension.
An
arbitrary 20% amount was selected for the Harrel
Street extension. The amount is ok because we knew what the revenue stream
would be from those connecting. However, in Craig’s opinion, a better formula
would be to have the contribution level equal to revenues for some time period
(like 2 years). This would allow us to be able to consistently apply
contributions to projects based upon the revenues received. Discussion on this
matter was tabled until the following meeting when all the Trustees would be in
attendance.
Tim
Sargent was nominated to represent the Village on the Lamoille County
Brownfield’s Steering Committee by Trustee Debor.
Trustee Bourne seconded the nomination. The Trustees unanimously voted to
accept the nomination.
Trustee
Bourne suggested the Trustees consider asking the Village voters to approve
adding a small increase to the Village tax rate for the purposes of funding
special village or community projects.
9) EXECUTIVE SESSION:
None.
10) ADJOURNMENT:
At
8:05 PM, on a motion by Trustee Sargent, seconded by Trustee Bourne and
unanimously approved, the Board adjourned the meeting.
___________________________________
Timothy
Sargent, Acting Clerk