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HomeMy WebLinkAbout1984-10-23 Min - Board 77� SPECIAL MEETING October 23, 1984 The special meeting of the Board of Directors of the Truckee Donner Public Utility District was called to order by President Maass at 7:06 P.M. in the TDPUD Board room. ROLL CALL: Directors Cooley, Corbett, Duffy, Hamilton and Maass were present. CONSULTANTS PRESENT: There were no consultants present. EMPL OYEES PRESENT: Bruce Grow, Ron Reynolds, Dave Rully, Pete Silva, Debi Waller, Peter Holzmeister and Susan Craig were present. OTHERS PRESENT: Among those present in the audience were Suzanne Sattui, Nancy Salerno, Shawn Martin, Sam Kage, Tracy Shane, Paul Sezfery, Vince Eichele, and Dick VanLandingham. WORKSHOP MEETING REGARDING THE PROPOSED 1985 WATER AND ELECTRIC BUDGET Manager Holzmeister advised that, included in the budget, is an across the board increase of 15% to the water rates, and an electric rate increase of 5%. He presented a comparison of current and proposed water rates by zone, a twelve-month residential energy usage report, and a comparison of residential electric rates between the PUD and Sierra Pacific Power Company which sets forth the current and proposed TDPUD rates, and the dollar amount of the proposed increase. The draft electric department budget was reviewed, and Line Foremen Silva and Reynolds answered questions posed by the Board. Among the items discussed were the interest and principal payable to the Rural Electrification Administration, restricted funds, value of District assets, vehicle expense and depreciation, transformer and pole depreciation, a "planned obsolence" program, future replacement and upgrading of facilities, consultant and in-house engineering costs, the storm damage fund and the possibility of using a portion of these funds to upgrade Units 10 and 123, vehicle maintenance, the possibility of hiring an in-house mechanic, and oil/PCB testing in compliance with federal and state regulations. Mr. Holzmeister noted that he may issue an addendum to the security fencing contract to include a specially fenced area in which to store transformers containing PCB's. President Maass directed that Mr. Holzmeister obtain definite information relating to the payoff of REA loans, elimination of the REA accounting system, and reorganization of the District's books for consideration at the November 5th meeting. The Board reviewed the proposed water department budget, and Water Foreman Rully answered questions brought up by the Directors. Discussed were depreciation, Farmers Home Administration loans, upgrading the water system, present condition of the system, the correction of the quality problem at Tonini Springs, the requirement to bring McGlashan Springs up to State standards prior to further use, possible development of Sawtooth Springs and water quality testing. { President Maass suggested that the Board adopt a philosophical position regarding depreciation - that the budget figures be reviewed after the summer construction period is over, and perhaps make transfers to the depreciation fund. Manager Holzmeister explained the difference between a budget and balance sheet, and how each may be implemented to full advantage. The Chairman advised that a public hearing will be held at 7:30 P.M. oL, November 5, 1984, during the regular meeting to consider the 1985 budget., an ordinance increasing water rates, and an ordinance increasing electric 10/23/84 Pg. 1 t � rate s. He noted the new rates would not be implemented until January 1, 198 5 and in order to implement them then, the ordinances would have to be , adopted no later than December 1, 1984. CLOSED SESSION The meeting was adjourned to closed session at 9:52 P.M. RETURN TO PUBLIC SESSION The meeting was returned to public session at 10:34 P.M. President Maass noted that personnel matters were discussed; no action was taken. ADJOURNMENT There being no further business before the Board, Director Duffy moved, and Director Hamilton seconded, that the meeting be adjourned. SO MOVED by voice vote at 10:35 P.M. TRUCKEE DONNER PUBLIC UTILITY DISTRICT By: mes A. Maass, President ATTEST: -f Susan M. Craig, Deputy D istric Clerk 10/23/84 Pg. 2