HomeMy WebLinkAbout2003-12-03 Min - Board REGULAR MEETING
December 3, 2003
In accordance with District Code Section 2.08.010, the TDPUD minutes are action only min-
utes. All Board meetings are recorded on audio tapes which are preserved perpetually and
made available for listening to any interested party upon their request.
The regular meeting of the Board of Directors of the Truckee Donner Public Utility District was called
to order at 7:01 PM in the TDPUD Board room by President Hemig.
ROLL CALL: Directors Joe Aguera, Ron Hemig, James Maass, Patricia Sutton and Nelson Van-
Gundy were present.
EMPLOYEES PRESENT: Alan Harry, Mary Chapman, Jim Wilson, Steve Hollabaugh, Kathy Neus,
Ian Fitzgerald, and Barbara Cahill.
CONSULTANTS PRESENT: Rick Kaufman, Steve Gross and John Nagel
OTHERS PRESENT: Paul Raymore, Juanita Schneider, Jody Sweet, Katrina Paz and one other
member of the public.
PUBLIC INPUT
There was no public input.
SPECIAL BUSINESS
M ELECTION OF BOARD OFFICERS
Director Van Gundy moved and Director Aguera seconded the nomination of Director James A.
Maass as President of the Board. Director Sutton moved that a unanimous ballot be cast for James
A. Maass for President. On a roll call vote, all voted in favor of the motion.
Director Van Gundy moved and Director Aguera seconded the nomination of Director Nelson Van
Gundy to serve as Vice-President. Director Sutton moved that a unanimous ballot be cast for Nelson
Van Gundy for Vice-President. On a roll call vote, all voted in favor of the motion.
PUBLIC HEARING - 7:00 (or as soon thereafter as possible)
CONTINUATION OF A PUBLIC HEARING HELD ON OCTOBER 1, 2003 FOR BOARD'S IN-
TENT TO FORM TRUCKEE DONNER PUBLIC UTILITY DISTRICT COMMUNITY FACILITIES DIS-
TRICT NO. 03-2, GRAY'S CROSSING, TO LEVY SPECIAL TAXES THEREIN AND TO ISSUE
BONDED INDEBTEDNESS.
President Maass opened the public hearing. There was not public input. The hearing was continued to
February 2004.
ACTION ITEMS
President Maass asked the board to deal with agenda item number 7, the defined benefit pension
plan before moving to item number 6 for Broadband.
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CONSIDERATION OF A RESOLUTION ADOPTING A RESTATEMENT OF THE DISTRICT'S DE-
FINED BENEFIT PENSION PLAN TO CONFORM TO AMENDMENTS IN FEDERAL LAW.
Ron Richardson of Wayne Richardson Company explained to the board that the District's pension
plan needed to be updated and brought into compliance with changes in law that had been en-
acted in recent years. In addition to the changes required by law, three other changes were: no mini-
mum age to participate, service under the age of 18 is eligible for vesting, and completion of one year
of service meets the eligibility to participate in the Plan.
Director Van Gundy moved and Director Aguera seconded, a motion to adopt the resolution approving
a reformatted and amended defined benefit pension plan.
ROLL CALL: All Directors, aye. SO MOVED.
BROADBAND BUSINESS IMPLEMENTATION — DISCUSSION OF A REVISED BUSINESS CASE
FINANCIAL PRO FORMA, POSSIBLE ACTION
Mr. Kaufman of Aggregate Networks presented the latest Broadband Proforma which will be incor-
porated into the book being prepared by Barton Creek for submittal to Rating Agencies and Insurers.
Information covered twelve years of conservative assumptions of subscribers, service revenues, ex-
penses and debt coverage.
No action taken.
ROUTINE BUSINESS
Treasurer's report
Approval of the report: Director Van Gundy moved, and Director Aguera seconded, that the Board
approve the month ended October 31, 2003.
ROLL CALL: All Directors aye, by voice vote. SO MOVED
Approval of disbursements: Director Van Gundy moved, and Director Aguera seconded, that the
Board approve October 2003 disbursements report.
ROLL CALL: Director Sutton, no; All other Directors, aye. SO MOVED.
CLOSED SESSION
CONFERENCE WITH LEGAL COUNSEL — EXISTING LITIGATION PURSUANT TO GOVERN-
MENT CODE SECTION 54956.9 (A), GRIEVANCE SUBMITTED BY IBEW LOCAL 1245 ON BE-
HALF OF MARK HARRIGAN.
RETURN TO OPEN SESSION
The Board voted to deny the appeal.
ADJOURNMENT
There being no further business before the Board, the meeting was adjourned at 8:37 PM.
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
James . Maass, President
Prepared by U ,(,
Barbara Cahill, Deputy District Clerk
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