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HomeMy WebLinkAbout1971-09-21 Min - Board SEPTEMBER 21, 19 71 The meeting of the Board of Directors of the Truckee Donner Public Utility District was called to order by President Doyle at 7:30 P.M. in the conference room. ROLL CALL: Moore, present; Anderson, present; Stone, present; Loehr, present; Doyle, present. GUESTS PRESENT: Mr. Wayne Richardson, Cal-West Life. EMPLOYEES PRESENT: Cattan, Paulus, Grow, Reynolds, Bliss. ` No errors, omissions or corrections, the minutes of September 7, 1971 were approved as written. BILLS FOR BOARD'S APPROVAL Mr. Cattan explained the overtime, stating that weekends had to be worked at the substation because Sierra Pacific personnel were working during the week, and the backhoe was available only on weekends. The Teichert substation also necessitated overtime as they requested service within two days. Teichert has made their crane available to the District at any time. The District is still one lineman short and is hoping to obtain one soon who will be a permanent resident of Truckee. No further discussion, a motion was made by Mr. Loehr and seconded by Mr. Stone that the bills be paid as listed, a copy of which is part of these minutes. ROLL CALL: Moore, aye; Anderson, aye; Stone, aye; Loehr, aye; Doyle, aye. RESOLUTION 7124, PENSION PLAN FOR EMPLOYEES As stipulated in the current working agreement, the District is considering a pension plan for employees. Mr. Wayne Richardson, Cal-Western States Life Insur- ance Company, was present to explain the final plan requested by the Board for consideration at this time. Mr. Richardson explained that the plan is basically the same he presented approximately one month ago. There is an insured death benefit and minimum benefit. The cost is $270/mo. rather than the $249/mo. as originally estimated. This plan has been approved by the Internal Revenue Service. 4 All benefits are provided at age 65 and are based on basic earnings averaged on the highest 5 years salary. The District will be contributing $2 70.18/month and the employees $211.50/month for a total of $481.68/month. The minimum service is 20 years, and the ceiling is $240/month plus social security. The pension plan will be reviewed every January. The waiting period is one year and an employee must be 25 but not over 60. Upon termination before 20 years, the employee's contribution is returned to him with 5% interest. Benefits are computed on basic earnings only, not on overtime or standby. If an employee wishes a larger retirement, he may contribute more each month. The Board may place the District's money into equities=and that is the recommendation of Mr. Richardson. The plan is calculated on 6% and will be adjusted every 3 years. There is a guarantee of 4 1/2% for 5 years, 4% for the next 5 years, and 3 1/2% for lifetime of the contract. An employee does not have to join, but Mr. Richard- son recommends that the Board adopt a policy that employees be required to join the pension plan within a specified time. Mr. Paulus mentioned he will supply all the details of this plan to the union and that 80% of the employees will have to join to be able to have this plan. Mr. Stone suggested that an employee be required to join this plan by their second anniversary date, and it was agreed by the Board that this will be a District policy. No further discussion, a motion was made by Mr. Loehr and seconded by Mr. Moore that Resolution 7124, Pension Plan for Employees, be adopted. ROLL CALL: Moore, aye; Anderson, aye; Stone, aye; Loehr, aye; Doyle, aye. Motion carried. So ordered. RESOLUTION 71-139 OF NEVADA COUNTY, INSPECTION, TAHOE DONNER As requested by the Board, Mr. Cattan directed a letter to legal counsel asking for clarification on the definition of "off-site" facilities. The answer from Paul Chamberlain dated September 17, 1971 was read. Mr. Cattan mentioned the Donner Lake pumping station will be inspected by the State Health Department as well as by Dan Cook and himself. It was noted that the county stopped Teichert from using fill with stones over 4" in the trenches, indi ca.t ing that the county is performing this inspection well. Since the District is awaiting comments from County Counsel Leo Todd, no action will be taken on this matter this evening. September 21, 1971 Page 105 SEPTEMBER 21, 1971 - CONTINUED BID FOR FENCE, DONNER LAKE SUBSTATION A quote from Paul Tholl Fence Company in the amount of $2,59 3 has been obtained, and material in this amount must be put to bid. Specifications were submitted for this 7' high chain link fence similar to the fence around the Truckee Substation. Discussion ensued regarding the snow load in the Donner Lake area and how chain link fencing would withstand the drifts, etc. Mr. Cattan was directed to check with the Division of Highways regarding their specifications for chain link fence. It was noted REA won't accept wooden fences. Mr. Anderson moved and Mr. Loehr seconded that the Manager call for bids for the fence around the Donner Lake Substation. ROLL CALL: Moore, aye; Anderson, aye; Stone, aye; Loehr, aye; Doyle, aye. RESOLUTION 7117, UNION CONTRACT FINALIZATION All corrections and additions have been made and the contract is in order. No further discussion, a motion was made by Mr. Stone and seconded by Mr. ,Moore that the President of the Board be authorized to sign Resolution 7117 effective May 1, 1971 relative to the working agreement between this District and the employees, a copy of which is part of these minutes. ROLL CALL: Moore, aye; Anderson, aye; Stone, aye; Loehr, aye; Doyle, aye. Motion carried. So ordered. MANAGER'S REPORT 1. $5,000 has been received from Calprop Corporation for the water facilities in Olympic Heights Unit 3. The balance of $7,000 will be paid within 1 year at 7 o interest and a bond will be provided, 2. The damaged pole at Safeway will be banded for additional strength. 3. Mr. Doyle mentioned he had received a call from Los Angeles. A group of attorneys is interested in purchasing the land at the "Y" to build an office building and they are willing to pay $85,000. It was noted no letter to this effect has been received by the District as of this date. At 8:42, President Doyle called an executive session. The pension plan for the Manager was presented and after brief discussion was unanimously adopted. Meeting adjourned at 9:10 P.M. PAUL A. DOYL , PRESIDENTOF THE BOARD CAROLYN BLIS RECORDING SECRETARY Page 106 September 211971