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HomeMy WebLinkAboutGM,StaffReport,Mar 2003 To: Board of Directors From: Peter Holzmeister Date: March 14, 2003 Subject: Monthly report ______________________________________________________________________ 1. Donner Lake water system condemnation: The greatest amount of my time during the past month has been spent on preparation for the Donner Lake water system trial. I have sat in on the depositions, participated in the settlement conference and discussed the matter in detail with our attorneys. This issue will continue to take much of my time until it is resolved. 2. MOU renegotiations with IBEW Local 1245: Another matter that takes my time is meeting with the Union to renegotiate the terms of the MOU. We are close to a final package that I can submit to the Board for consideration. I hope to do that late in April. 3. Discussion of Mello-Roos: I have had further discussions with John Murphy regarding a possible reimbursement agreement to be entered into by the District and East West Partners to begin the process of evaluating formation of a Mello-Roos District. I hope to submit this to the Board in April for your review and possible approval. 4. Financing of IDACORP contract: I have spent much time on the financing of the $26 million COP related to termination of the IDACORP contract. It is moving along on time to make the necessary payment on April 3, 2003. 5. Finance Master Plan: Mary and I are reviewing a preliminary draft of the Finance Master Plan. We hope to submit this to the board in April. We will begin to work on a supplemental budget for 2003 at the same time. 6. Broadband business plan: I spent time recently working with Alan Harry and Rick Kaufman on a financing plan for the Broadband system. Decision points will come to the Board quickly now as we resolve the last of the critical items.