HomeMy WebLinkAbout2001-03-01 Min - Board SPECIAL MEETING
March 1, 2001
In accordance with District Code Section 2.08.010, the TDPUD minutes are action only
minutes. All Board meetings are recorded on audio tapes which are preserved perpetu-
ally and made available for listening to any interested party upon their request.
The special meeting of the Board of Directors of the Truckee Donner Public Utility District was
called to order at 2:07 PM in the TDPUD Board room by President Maass.
ROLL CALL: Directors Joe Aguera, James Maass, Patricia Sutton, Nelson VanGundy and Ron
Hemig were present.
EMPLOYEES PRESENT: Mary Chapman, Susan Craig, Steven Hollabaugh, Peter Holzmeister
and Cathy Moore.
CONSULTANTS PRESENT: Attorneys Steve Gross and Andy Morris.
OTHERS PRESENT: There were no others present in the audience.
PUBLIC INPUT
There was no public input.
CONSIDERATION AND POSSIBLE ADOPTION OF A RESOLUTION THAT WILL AUTHOR-
IZE THE FOLLOWING:
• Completing and entering into an EEI (Edison Electric Institute) Master Power Pur-
chase and Sales Agreement with ENRON
• Entering into a long term Power Purchase arrangement with ENRON for 20 MW in
2002 and 25 MW from 2003 through 2009 and authorization for the General Man-
ager or Assistant General Manager to enter into such a transaction
• Authorizing the General Manager or Assistant General Manager to enter into sub-
sequent power purchase transactions up to a year in length
Mr. Hollabaugh explained the urgency of obtaining a long term contract immediately due to the
daily fluctuation of the price of power. He and Mr. Holzmeister also explained the price break-
down and the impact on future rates to the customer base.
Legal counsel suggested that the Board use wording that states it is taking action on authorizing
staff to take the appropriate steps necessary to solve the problem rather than use the exact
wording proposed in the draft (which references ENRON).
Thereafter, Director Van Gundy moved, and Director Sutton seconded, that the Board authorize
staff to take whatever steps are necessary to ensure the best interests of the District and to
execute a contract for the years 2002 through 2009. All Directors, aye. SO MOVED.
.- It was suggested that the District make the community aware of the necessity to increase rates
by way of appropriate articles and advertising.
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ADJOURNMENT
There being no further business before the Board, the meeting was adjourned at 2:42 PM.
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
J es A. Maass413istrict
ent
Prepared by
Susan M. C ai , Clerk
smc
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