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HomeMy WebLinkAboutStaff Reports A 5 RESOLUTION NO. 9340 OF THE TRUCKEE DONNER PUBLIC UTILITY DISTRICT A RESOLUTION OF THE BOARD OF DIRECTORS AUTHORIZING THE EXECUTION AND DELIVERY OF A LEASE AGREEMENT, A TRUST AGREEMENT, A SITE AND FACILITIES LEASE, AN ESCROW AGREEMENT, A CONTRACT OF PURCHASE AND AN OFFICIAL STATEMENT, AND CERTAIN OTHER ACTIONS IN CONNECTION THEREWITH WHEREAS, the Truckee Donner Public Utility District, a public utility district duly organized and existing under and pursuant to the Constitution and laws of the State of California (the "District" ) , including the Public Utility District Act, Section 15501 et s_ ecr. of the Public Utilities Code of the State of California (the "Public Utilities Code" ) is authorized under provisions of the Constitution and laws of the State of California, including without limitation, Section 16431 of the Public Utilities Code to lease equiprlent and facilities as the District may determine is necessary or proper; WHEREAS, the District desires to refinance its obligations under that certain Lease/Purchase Agreement, dated as of August 1, 1986 , by and between the District and Bank of America National Trust and Savings Association and to refund the Certificates of Participation (Headquarters Complex Project) delivered in the original, aggregate principal amount of $3 , 050 , 000 through causing the execution of the Lease Agreement described herein and the delivery of not to exceed $3 , 500 , 000 principal amount of Refunding Certificates of Participation as described herein (the "Certificates" ) ; WHEREAS, a majority of the Board of Directors of the District (the "Board" ) constituting a quorum for the transaction of business, is present, as required by Section 16071 of the Public Utilities Code; and WHEREAS, Section 265 of the Internal Revenue Code of 1986 , as amended (the "Code,,) , provides that under certain circumstances, certain obligations, the interest on which is excludable from gross income for federal income tax purposes pursuant to Section 103 of the Code, may be designated by the issuer thereof as "qualified tax-exempt obligations, " thereby allowing certain financial institutions that are holders of such qualified tax-exempt obligations to deduct a portion of such institution' s interest 99990\00003\600.3 f expense allocable to such qualified tax -exempt obligations, all as determined in accordance with Sections 265 and 291 of the Code; and WHEREAS, the Board hereby finds and determines that : (1) the Certificates authorized by this Resolution are not private activity bonds within the meaning of Section 141 of the Code; and (2) neither the District nor any or its subordinate entities reasonably anticipates issuing during calendar year 1993 more than an aggregate of $10, 000 , 000 of obligations, the interest on which is exempt from federal income taxation pursuant to Section 103 of the Code; and WHEREAS, the Board wishes to designate the Certificates as "qualified tax-exempt obligations" within the meaning of Section 265 of the Code; and WHEREAS, all acts, conditions and things required by the Constitution and law of the State of California to exist , to have happened and to have been performed precedent to and in connection with the consummation of the financing authorized hereby do exist, have happened and have been performed in regular and due time, form, and manner as required by law, and the District is now duly authorized and empowered, pursuant to each and every requirement of law, to consummate such financing for the purpose, in the manner and upon the terms herein provided; NOW, THEREFORE the Board of Directors of the Truckee Donner Public Utility District does hereby resolve as follows : Section 1 . Lease A reement . The form of Lease Agreement, between the District and the Truckee Donner Public Utility District Financing Corporation (the "Corporation" ) , presented to this meeting and on file with the Clerk of the Board of the District, is hereby approved. In accordance with Section 16033 of the Public Utilities Code, the President of the Board (the "President" ) is hereby authorized and directed, for and in the name and on behalf of the District, to sign, and in accordance with Section 16115 of the Public Utilities Code, the Clerk of the District (the "Clerk" ) is hereby authorized to countersign, and both the President and the Clerk are hereby authorized and directed to deliver to the Corporation the Lease Agreement in substantially said form, with such changes therein as the President may require or approve, such approval to be conclusively evidenced by the execution and delivery thereof . Section 2 . Trust Agreement . The form of Trust Agreement, among the District, the Corporation and Meridian Trust Company of California (the "Trustee" ) , presented to this meeting and on file 99990\00003\600.3 with the Clerk, is hereby approved. In accordance with Section 16033 of the Public Utilities Code, the President is hereby authorized and directed, for and in the name and on behalf of the District, to sign the Trust Agreement, and in accordance with Section 16115 of the Public Utilities Code, the Clerk is authorized and directed to countersign the Trust Agreement, and both the President and the Clerk are hereby authorized and directed to deliver to the Corporation and the Trustee the Trust Agreement in substantially said form, with such changes therein as the President may require or approve, such approval to be conclusively evidenced by the execution and delivery thereof . Section 3 . Site and Facilities Lease . The form of Site and Facilities Lease, between the Corporation and the District, presented to this meeting and on file with the Clerk, is hereby approved. In accordance with Section 16033 of the Public Utilities Code, the President is hereby authorized and directed, for and in the name and on behalf of the District , to sign the Site and Facilities Lease, and in accordance with Section 16115 of the Public Utilities Code, the Clerk is hereby authorized and directed to countersign the site and Facilities Lease, and both the President and the Clerk are hereby authorized and directed to deliver to the Corporation the Site and Facilities Lease in substantially said form, with such changes therein as the President may require or approve, such approval to be conclusively evidenced by the execution and delivery thereof . Section 4 . Escrow A reement . The form of Escrow Agreement, between Meridian Trust Company of California (the "Escrow Agent" ) and the District, presented to this meeting and on file with the Clerk, is hereby approved. In accordance with Section 16033 of the Public Utilities Code, the President is hereby authorized and directed, for and in the name and on behalf of the District, to sign the Escrow Agreement, and in accordance with Section 16115 of the Public Utilities Code, the Clerk is hereby authorized and directed to countersign the Escrow Agreement, and both the President and the Clerk are hereby authorized and directed to deliver to the Escrow Agent the Escrow Agreement in substantially said form, with such changes therein as the President may require or approve, such approval to be conclusively evidenced by the execution and delivery thereof . Section 5 . Contract of Purchase . The form of Contract of Purchase between the District and Rauscher Pierce Refsnes, Inc . (the "Underwriter" ) , presented to this meeting and on file with Clerk, is hereby approved. In accordance with Section 16033 of the Public Utilities Code, the President is hereby authorized and directed, for and in the name and on behalf of the District , to sign the Contract of Purchase, and in accordance with Section 16115 of the Public Utilities Code, the Clerk is hereby authorized and directed to countersign the Contract of Purchase, and both the President and the Clerk are hereby authorized and directed to ® 99990\04043�'a00.3 deliver to the Underwriter the Contract of Purchase in substantially said form, with such changes therein as the President may require or approve, such approval to be conclusively evidenced by the execution and delivery thereof, provided, however, that the average coupon rate payable with respect to the Certificates does not exceed 5 . 5% and the underwriter' s discount does not exceed 2% (excluding original issue discount) and the aggregate principal amount of the Certificates does not exceed $3 , 500 , 000 . Section 5 . Preliminary Official Statement . The form of Preliminary Official Statement relating to the Certificates presented to this meeting and on file with the Clerk is hereby approved. The General Manager of the District (the "General Manager" ) is hereby authorized and directed to execute, approve and deliver the final Official Statement in the form of the Preliminary Official Statement, with such changes as the General Manager may require or approve, such approval to be conclusively evidenced by the execution and delivery thereof (hereinafter referred to as the "Official Statement" ) . The General Manager is hereby authorized and directed, for and in the name and on behalf of the District, to execute a certificate regarding the finality of the Preliminary Official Statement and to execute and deliver to the Underwriter the Official Statement . The Underwriter is hereby authorized to distribute copies of the Preliminary Official Statement to persons who may be interested in the purchase of the Certificates and is directed to deliver copies of the Official Statement to actual purchasers of the Certificates . ® Section 7 . Attestations . The Clerk is hereby authorized and directed to attest the signature of the President, if necessary, and to affix and attest the seal of the District, as may be required or appropriate in connection with the execution and delivery of the Lease Agreement, Trust Agreement , Site and Facilities Lease, Escrow Agreement, Contract of Purchase and Official Statement . S ation as oualified Tax-Exempt obligations . The Board hereby designates the Certificates as "qualified tax- exempt obligations" within the meaning of Section 265 (b) (3) of the Code . Section . Other Actions . The President and the General Manager are hereby authorized and directed to do any and all things and to execute and deliver any and all documents which they may deem necessary or advisable in order to consummate the sale, execution delivery of the Certificates by the Trustee and otherwise to carry out, give effect to and comply with the terms and intent of this Resolution, the Certificates, Lease Agreement, Site and Facilities Lease, Escrow Agreement, Contract of Purchase and Official statement . Such action heretofore taken by such officers are hereby ratified, confirmed and approved. i99990\00003\600.3 Section 10 . Effective Date. This Resolution shall take ® effect immediately upon its adoption. 99990\00003\600.3 PASSED AND ADOPTED this 7th day of September, 1993 by the following vote of the Board: AYES : Aguera, Corbett. , Jones, Maass and Sutton, NOES : None ABSENT: None• TRUCKEE DONNER PUBLIC UTILITY DISTRICT BY Pr dent • ATTEST: Clerk 99990\00002\600.3 TD .1 Sep#ember l 4,993 TC3' Board of f3erectors FIOMa' MaryL, Chapman, Attminlstrative Services Man',ager S B.JECT: Blfls for Board consideration GEDA' . . .. Attached is a copy of the bills for Board consideration, Among the bills is an invoice for work performed on the SCADA project. The funding for this project is scheduled to come from the COP financing. RECOMMENDATION 1. Authorize payment of the bills in the usual manner. 2. if the SCADA related bill is approved, transfer out of the Certificates of Participation funds on deposit with the Local Agency Investment Fund $115.00 to reimburse the general fund for the following: Porter, Simon, Graham, Phelps and Cuttitta $115.00 JP/smc Attachment 0 3 TRUC:KEE DONNER PUBLIC UTILITY DISTRICT BILLS FOR BOARD APPROVAL - SEPTEMBER 7, 1993 , TOTAL ELECTRIC WATER DESCRIPTION -__..----------------------------------------------------------------------------------------- J. H. BAXTER & CO. 37,351.96 37,351.96 POLES FOR INVENTORY (MO93-91) . R. W. BECK AND ASSOCIATES 3,512.97 3,512.97 UNDERGROUND FEEDER #3 DESIGN (1B6.8B) TRUCKEE SUBSTATION UPGRADE (3326.09) . DATE BURT 2,586.97 2,586.97 WATER LINE REPAIRS. GENERAL ELECTRIC SUPPLY 3,391.60 3,381.60 INSULATOR BUSHING FOR 120KV TRANSFORMER. 14ARKER & HARKER INC. 40,014.00 40,014.00 FOUR MAN LINE CREW AND EQUIPMENT. JAMES MAASS 50.00 50.00 REIMBURSEMENT FOR NCPA .ANNUAL CONFERENCE REGISTRATION. CHARLES A. MARTIN & ASSOCIATES 1,200.00 1,200.00 ENGINEERING SERVICES FOR WATER SYSTEM AUXILIARY GENERATOf�. MAYDWELL & HARTZELL INC. 3,232.09 3,232.09 AUTOMATIC GUY AND SPLICING SLEEVES FOR INVENTORY. NEVADA COUNTY 3,000,00 3,000.00 ENCROACHMENT PERMIT SETTLEMENT. THE OKONITE COMPANY 24,199.25 24,199,25 CABLE FOR INVENTORY (MO93-91) . PORTER SIMON GRAHAM PHELPS AND CUTTITTA 16,358.47 10,236.13 6,122.34 SCHOOL DISTRICT DEV AGREFTIENT (46.00) FELTON WOODS (46.00) `I'RAILHOUSE SQUARE (23.00) GATEWAY WATER TANK (11.00) DOWNTOWN PIPELINE REPLACEMENT (989.00) KENDALL DEV (604.00) PERSONNEL MATTERS (4079.85) SCADA (115.00) GEN REP (10444,62) . RAUSCHER PIERCE REFSNES INC 1,500.00 1,500.00 ARBITRAGE REBATE/PENALTY SERVICES RENDERED. THOMAS & BETI`S 4,239.00 4,239.00 CABLE TERMINATIONS FOR INVENTORY. GLEN WAGNER FIELD SERVICE 5,355.00 5,355.00 VEHICLE MAINTENANCE AND REPAIRS. WESCO 3,282.87 3,282.87 METERS AND POLE RISERS FOR INVENTORY. WESTERN NEVADA SUPPLY 3,450.74 3,450,74 ADAPTORS, 'TAPPING SLEEVE, UNION DIELECTRIC AND PUMP CONTROL VALVE WITH SHUT OFF VALVE,, WESTERN STATES ELECTRIC INC. 5,800.99 5,800.99 CONNECTORS, TRIPLEX CABLE, TERMINATORS AND SPOOL TIES FOR INVENTORY (MO93-91) . ------------------------------------ 158,515.91 140,655.86 17,860.05 V ' September 2 , 1993', TO Board of Directars FROM. Peer L. H 1zmeister, G era1.Man ger SUB.JECT:< Staf}`Report A GEN E # ' A) Financial reports Attached for your review are the District financial reports for July 31, 1993, consisting of statement of general fund, investment report, budget report, electric and water balance sheets and electric and water income statements. B) 1994 Budget calendar We have begun preparation of the 1994 budget. Attached is a calendar which will help keep us on schedule. We invite the Board's involvement in the budget process at the earliest point possible. We are eager to hear your concerns and ideas. Please let me know of anything you are thinking about that could impact the budget. We plan on using the same budget format as was used during the past few years. We will attempt to use more narrative information to add meaning to the numbers. C) CMUA Energy Efficiency Committee meeting in Truckee Scott Terrell, who serves on CMUA's Energy Efficiency Committee, has arranged for that committee to meet in Truckee toward the end of September. Please review Scott's memorandum and the schedule of events. You may want to check your calendars and, if possible, sit in on some of the activities. D) Sale of surplus telephones In accordance with District policy, staff solicited for bids from parties interested in purchasing our surplus telephone system. We received no bids. We will proceed to dispose of the system as best we can, again in accordance with District policy. We will report to the Board if any significant action occurs in this regard. PLH/smc Attachments 3 TRUCKEE DONNER PUBLIC UTILITY DISTRICT STATEMENT OF GENERAL FUND DULY 31, 1993 HISTORY OF ACTIVITY FOR MONTH: BALANCE IN GENERAL FUND 06/31/93 1,101,308.21 --------------- RECEIPTS ELECTRIC REVENUE 624,868.86 WATER REVENUE 211,702.17 STANDBY ELECTRIC 1,056.65 STANDBY WATER 7,342.22 MISC. BILLING REVENUE ELECTRIC 24,438.17 MISC. BILLING REVENUE WATER 7,258.37 CONSUMER DEPOSITS, ELECTRIC 8,439.67 CONSUMER DEPOSITS, WATER 19,592.00 CUSTOMER ADVANCES-CONNECTION FEE ELECTRIC 24,275.00 CUSTOMER ADVANCES--FACILITIES FEES-ELECTRIC 11,006.00 CUSTOMER ADVANCES-OTHER ELECTRIC 17,517.46 CUSTOMER ADVANCES--CONNECTION FEE WATER 14,850.00 CUSTOMER ADVANCES-FACILITIES FEES-WATER 2,133.00 CUSTOMER ADVANCES--OTHER WATER 2,500.00 MISC. REVENUE ELECTRIC 327.86 MISC. REVENUE WATER 675.51 UNRESTRICT ACQUISITION FUNDS 74,147.34 ELECTRIC LAIF INTEREST INCOME 2ND QUARTER 84,177_66 ----_ - TOTAL RECEIPTS 1,136,307.94 DISBURSEMENTS ACCOUNTS PAYABLE DISBURSEMENTS 1,432,773.34 LESS VOID CHECKS PREVIOUS PERIOD (2,089.45) TRANS. TO ELECTRIC RESTRICTED FUNDS-FACILITIES FEES 12,406.00 TRANS. TO ELECTRIC RESTRICTED FUNDS INTEREST EARNED 22,239.74 TRANS. TO WATER RESTRICTED FUNDS-FACILITIES FEES 10,471.00 TRANS. TO WATER RESTRICTED FUNDS INTEREST EARNED 49,378.64 --------------- TOTAL DISBURSEMENTS 1,525,179.27 --------------- BALANCE IN GENERAL FUND 07/31/93 712,436.88 --------------- DISTRIBUTION OF NON-RESTRICTED FUNDS AT MONTH-END: PETTY CASH/CUSTOMER SERVICES OPERATING FUNDS 600.00 TRUCKEE RIVER BANK GENERAL FUND 93,050. 13 LAIF GENERAL FUND (NOT RESTRICTED) 618,786.75 --------------- 712,436.88 Truckee Donner Public Utility DistriCt 3oaed of Directors Joseph R.Aguera John L. Corbett Business Office Engineering Services Richard K. Curran (916) 587-3896 (916) 587- 944 FAX (916) 587-5056 James A. Maass Patntia S_Sutton Genera! Manages ,September 1, 1993 Peter L. Holzmeister MEMORANDUM TO: Peter L. Holzmeister, General Manager FROM: nary Chapman, Office Manager SUBJECT: Investment Report V As of July 31, 1993 the District had the following investment comprised of the funds as detailed. INVESTMENTS YIELD AMOUNT LOCAL AGENCY INVESTMENT FUND 4.4380 6,930,296.22 ELECTIC FUNDS REA RESERVE * 19,000.00 GENERAL FUND 618,786.75 FACILITIES FEES-PRE AB1600 * 627,064.14 FACILITIES FEES-POST AB1600 * 342,788.90 STORM DAMAGE FUND * 193,114.46 BUILDING FUND * 856,647.89 --------------- TOTAL ELECTRIC INVESTMENTS 2,657,4402. 14 WATER FUNDS FACILITIES FEES-PRE AB1600 * 601,860.89 FACILITIES FEES-POST AB1600 * 304,106.85 BUILDING FUND * 754,202.05 RESERVE FOR FUTURE METERS * 733,784.45 TAHOE 1DONNER WATER SYSTEM FUND* 234,561.07 WEST RIVER ST. ASSESSMENT DISTRICT BOND REDEMPTION FUND * 17,151.66 PREPAID CONNECTION FEES * 67,546.89 TELEMETRY RESERVE * 53,337.18 TSA (SAD II IMPROVEMENT) 38,560.31 ACQUISITION FUND * 1,467,782.73 --------------- TOTAL WATER INVESTMENTS 4,272,894.08 --------------- TOTAL DISTRICT INVESTMENTS 6,930,296.22 * RESTRICTED FOR SPECIFIC USE PER BOARD RESOLUTIONS Post Office Box 309 1570 Donner Vass Roach Truckee, California9 160 TRUCKEE DONNER PUBLIC UTILITY DISTRICT: 1993 OPERATING BUDGET REPORT 1/93 - 7/93 58% ELECTRIC: WATER: TOTAL: REVENUES: Budget Actual Budget Bat % Budget Actual Budget gal % Budget Actual Budget Bat % ----------------------------------------------------------------------------------------------------•-------------------------- Residential sales 3,444,863 2,376,668 1,068,195 69% 1,828,200 1,124,504 703,696 62% 5,273,063 3,501,172 1,771,891 66% Commercial sales 2,670,736 1,642,052 1,028,684 61% 399,600 156,061 243,539 39% 3,070,336 1,798,113 1,272,223 59% Large commercial sales 613,721 342,352 271,369 56% 0 0 0 0% 613,721 342,352 271,369 56% Sales to public authorities 82,865 50,454 32,411 61% 0 0 0 0% 82,865 50,454 32,411 61% Fuel charge 266340 273,807 (7,467) 103% 0 0 0 0% 266,340 273,807 (7,467) 103% Interdepartmental sates 471:100 246,283 224,817 52% 810 416 394 51% 471,910 246,699 225,211 52% Misc operating revenue 107,215 71,132 36,083 66% 10,000 1,488 8,512 15% 117,215 72,620 44,595 62% Misc rents 46,199 26,532 19,667 57% 10,000 10,361 (361) 104% 56,199 36,892 19,307 66% Standby revenue 31,880 22,525 9,355 71% 338,000 159,640 178,360 47% 369,880 182,165 187,715 49% Interdepartmental rent 128,144 74,753 53,391 58% 0 0 0 0% 128,144 74,753 53,391 58% Fire protection fees 0 a 0 0% 61,000 38,075 22,925 62% 61,000 38,075 22,925 62% --------------------------------------------- ---------------- ---------------------------- --------- Total Operating Revenue 7,863,063 5,126,558 2,736,505 65% 2,647,610 1,490,545 1,157,065 56% 10,510,673 6,617,103 3,893,570 63% Capitalized interest income 0 0 a 0% 413,015 479,803 (66,788) 116% 413,015 479,803 (66,788) 116% Interest income 96,341 39,434 56,907 41% -- - W«2`500 1,622 878 65% 98,841 41,057 57,784 42% Total Revenue 7,9591404------5,165,993 ---2,793,411---65% 3,063,125 1,971,970 1,091,155 64% 11,022,529 7,137,963 3,884,566 65% -------------- TRUCKEE DONNER PUBLIC UTILITY DISTRICT: 1993 OPERATING BUDGET SUMMARY 1/93 7/93 58% ELECTRIC: WATER: TOTAL: Budget Actual Budget Bat % Budget Actual Budget Bat % Budget Actuat Budget Bat ------------------------------------------------------------------------------ Revenues 7,959,404 5,165,993 2,793,411 65% 3,063,125 1,971,970 1,091,155 64% 11,022,529 7,137,963 3,884,566 65% Less Expenses: Board of Directors 95090 107,412 (12,322) 113% 31,460 45,136 (13,676) 143% 126,550 152,548 (25,998) 121% General Manager 172:391 105,472 66,919 61% 64,220 38,361 25,859 60% 236,611 143,833 92,778 61% Administrative Services 545,895 314,650 231,245 58% 299,701 163,369 136,332 55% 845,596 478,019 367,577 57% Planning Services 177,003 93,489 83,514 53% 75,857 43,375 32,482 57''/ 252,860 136,864 115,996 54% Technical Services 352,621 198,104 154,517 56% 43,619 25,761 17,85II 59% 396,240 223,865 172,375 56% Etectric/Water Operations 798,448 526,712 271,736 66% 1,448,296 747,595 700,701 52% 2,246,744 1,274,307 972,437 52% Purchased Power 5,200,000 3,393,531 1,806,469 65% 0 0 0 0% 5,128,144 .3,393,531 1,853,391 58% Interdepartmentat rent 0 0 0 0% 128,144 74,753 53,391 58% 128,144 74,753 53,395 50% Debt service 355,403 226,191 129,212 64% 887,110 390,217 496,893 44% 1,242,513 616,408 626,10- 50% _ -- ----------------------------------- Total Expenses 7,696,851 xT - 4,965,561µA'- 2,731,290- 65% 2,978,407 1,528,567 1,449,840 51% 10,675,258 6,494,128 4,181,130 61% Net Revenue less Expenses ___262,553--------200,43262,121--=76%====----84_718===----=443_403=---=_(358,685)-523%____---347_271---- - 643_835 -Tµ(296_564) 185% ELECTRIC eALANCE SHEET FOR PERIOD ENDING JULY -1, M3 CURRENT I..A. T YEAR > S S E T 5 UTILI Y PLAN RESTRICTED FUNDS AU INISTRA"I'VE 31HLIBING LEASE FUND EMPLOYEE 5EFE,RRED COOPENS&TIU ?-tw o 4G4,3??.� 297 2�U,51 YEA RESERVE FUND n,000.00 FkC T•— 969;au5,04 eul? FUND 1 ;114.45 I84,3 ae92 BUILDING ULDI G FUND 856,647,-9 a1`0,i08 8 ------------ __..w_-___®.._ TOTAL RESTRICTED FUNDS 2,848,664.H -599;520-01 9. � C-URH T ASSETS 712,436.88 GENERAL FUNDS ACCOUNTS HCEI ;ABLE, NET DUE HOM WATER 4. ?b57I {2,i39.'1 AT7RIALS AND SUPPLIES 93M41-65 303'sB2,35: INTEREST e14,UiE RECEIVABLE 1.31233,65 PREPAID EXPENSES All fjT nl ��{ � ,74 36,597,1.4 -:T L CURRENT MSETS 2.1��,'�5."�� z,773, 75,49 UA 'RTI2 R L`uII DISC sI I TT CUST 14I i93, t I49,O65 01U RRELI MW SURVEY COSTS AND GTHER. 2.19-0,2-6 2,301.0 I4,144,402,02 TT'AL A SETS _ ELECTRIC BALANCE SHEET CUIRR LMT LAST YEAR Y-T-L AMOUNT Y- -D AKOUdm E Q U I T YIs. Lz T , G .U' :63a,7 74 -------------------------------------- RETAINED EARNINGS : DZT ADMINISTRATIVE OFFICE BUILDIN LEASE REA �,E7�L.�r 73,673,52 IETAF:f FIRST - IBM OMPUTEPQ LEASE wo 00 LIME TRUCK f j1' '0 I33, 44.89 TOTIL DIEBT 2,�03,044.89 3, 3v,455,6q- 3.6- `_. CURRENT LIABILITIES ACCOUNTS PAYAPLE 989,686.60 916,S34, 6 ACCRUED INTEREST PAYABLE 2o6,1W 30 %8G.23 DEFERRED STANDBY FEES .00 '00 ACCRUED C04PENSATION A RELATED COSTS 122,368, 9 115,30LU? TOTAL L`UPRE T '�IABILITIES b,361_asz.a CONSTRUCTION ADVANCE 748,618.30 En-LOEEE 'DEFERRED CO PENSAT1 - 424,37?, 3 97,230.57 av'T L EQUITY da? LI i?eLIaI S 14,1 4,402A L a... ,^PM ��N%<D—N." Csli uz,]IN"OFE STATEMENT 1' .4 _ Y T n; AMOUNT Y-T-0 AMOB- T OPERATING REVENME RESIDENTIAL COYMERCIAL LA DE k-—- L 327 2, t 3T2,m° 3 SALES TO PUBILIC AUTHORITIES 50,454<41 515�u.2� FUEL CHAME TNTERDEPART ENTA TOTAL E ER9Y SALES 4,608,465.E I3C OPERATING RP E UE ?i i32,49 65,2::6,43 MISCELLANEOUS RENTS 21.1 531„4STANDBY REFFIENLIF 4.753,00 69,32i .00 zTkRD,EPTETAL RENT TOTAL OPERATINC REVENUE 4p�;I',�47,�6 4,3.;e,401,`-2 *RATING EXPENSES PURCHASED POWER DISTRI�'UTTION OPERATIONS DISTRIBUTION MAINTENANCE CUSTOMER z CCO T TI�G & -INFORMATION 212,413,63 579,919.43 DEPRECIATION 206,33 <17 OTHEP D3PMT Nf; EXPENSES 472.78 R 6,13 -------------- -------------- TOT L OPERATING EXPENSES 4-a67,286,79 -------------- -------------- NET OPERATING REVENUE CUT ED REVENUE iEXPENSE) INTEREST Tj'NlCoFgE 122,245.99 =NTPRE5T M P EM E 137,55-28c �4b,�6l. iltR MET 4EZa.E3a,z4DR 15 ,9a7,38cR WATER SALA-CE SHEET CURRENT WkST YEAR u A oUl`qT .-T-D AMOUNT A5 's ET s 3, -- rTTY "A RESTRICTED FUNDS WATER SYSTEM iMPROVEMENT PROJECT 35 2,32 >3,47 CERTIFICATE PAYMENT �`U�mD �:;`� AC UTSITI N FUND E EVE FUND CAPITALIZED TINTRREST bUND 22,07 691,€21,39 FACILITIES FEES 05,967,'4 926,264.44 THE SAD 11 IKPWVEMENT ACCT 3a.51"s,v1 36,a31,9Y WEE, RIVE STREET ASSESSMENT DIST i��37�,7.1 ' 2, 5 7210f F,89 9i RESERVE FOR Fl,'TiR ','� TERS ;a3,fS . 744,549.28 TAHOE PIONINER WATER OYSTEF, FUND 234,5�1,07 P P?,!D CONNECTION FEES 67,546,89 CIA TR 53,332.1 So 90-1,'71 TOTAL RESTRICTED FUNDS 5,359,567.15 6,4 5,6u9,62 i6.3_ CURREN ASSETS WEST RIVER STREET ASSESSMENT DIET 'All ,f,0 CC—O NTS RECEIVABLE, NET I53, 53.39 DUE TO ELE`TRIC 4161,�71.22CP 5Z2,I39.I CR MATERIALS AND SUPPLI 4, 59,i6 354.2 INTEREST '1ICO R " -I A L 1 .459, 3 Z3,649.46 PREPAID EXPENSES �'.7Mz.74 %F,8m14 TOTAL CURRENT ASSETS 5,E2 7,210CR 43.6- r� PRELIIIINAR`y SURVEY COSTS AND OTHFP 699,74 UNIA ORTIZEIP DEBT DISC AND ISSUE COST 444,648,5; 4,,2,7A1 61 6 i54, 96. : C9 A .3+ TOTAL hSHm WATER 2A :ANCE SHEET FOR PERTIOD ENDING ,7ITLy 311 1993 CURREN,T LAST YEAR I-T-'? AMOUNT Y-T-I; AMOUNT E Q U I T : � [, I A B I L . T I E S --------------------------------- ETAIN9 BT E a 41,415,17 10,32s,928.2n ATE � �T:�. i �`�;� �FvTE�C t LEASE �E D R PROP 55 LORE ------------ ------------- TOTAL DEBT 10?679,6vl,v i CURRENT LIAKLITIES (CCOUNTS PAYABLE CONSUMER DEPOSITS 49,41=0,62 33,026,42 ACC THu INTEREST PHAKE 58,234,50 LEFEPRED STANDBY TEES a80 µ y S" 83,2 e,S4 5W,4315,50 .2,2- T�te�a,�, CURRENT L��&1:�2TT CONSTRUCTION ADVANCES 499,0M15.66 528,194,7 TOT L EQUITY AND LIABILITIES r: U # s WATER '?NCO C STATEMENT FOP PERIOD ENIEIINU3 SLU~_ 1.3 1=93 CURRENT LAST YEAR Y-T-v AMOUNT -T-0 A ITiUNT bP ERAT I IIG REVENUE RESIDENTIAL CO MERrIA 14 ,311,6# aC2, ,74 TERDEPART "iAL 416,26 °T;T U. WATER SALES HYDRANTS 32M9,13 30,154,29 IyU OPERATING REVENUE 11,691,a0 113549,48 . g 7 47 ,46 t34,93 IS�fELLAE`OUS RENTS � -ZITANDBY REVENUE 15 ,640.00 169,482.50 i TOT.Al air=E ATINC REVENUE OPERATT" G EXPENSES PUMPTNG - POWER PURCHASED 262,954.7? DISTRIBUT"ON, OPERATIONS 3 6,�5Z.S7 195,�rt ,4u �1STRIBUTION MAINTENANCE !gO,324,9 USTOMER hCCOUNTIN110 & INFORMATION 60,005:09 ADMINSTRATION & GENERAL 26�,77c,7� 244 ��6,AE iN ERDEPART EN AE RENT 74,753-0 63> 21, z EP EaIA'TON= . SI;i�a: 6 174,876-31 OTHER OPERATING EXPENSE 34,635e45 TOTAL OPERATING EXPENSE 1,326,221,37 NET OPERATING REVENUE 69,732>91 71,244,64 OTHER REVENUE (w PE E'$ iNTERES, INCOME 141,424,99 INTEREST EXPENSE 404,189,38IR M15 EULANEOUS NON-OPERATING INCOME '00 .00 E TRAOPDBARY INCOME 0� 5,1576,24 UvSS ON DISPOSITION OF PROPERTY .00 CIS; IIET REVENUE 'LOSS) 6 CR 96,9 6.7icR 1994 BUDGET CALENDAR August 23 - 81 Budget forms prepared, covers ordered September 7 Department heads receive budget packet, workshop is held October 4 Department heads submit their estimates October 5 - 8 General Manager and department heads review estimates October 11 - 15 Overheads are calculated October 18 - 22 Final budget numbers are decided October 25 - 29 Narratives drafted, final typing and copying !November 1 Draft budget presented to Board (November 8 - 22 Board workshops November 29 Public hearing, budget adopted, rate ordinance adopted, overheads adopted, fees adopted January 1, 1994 Budget takes effect PLH/smc 8119193 is MEMORANDUM ► A BOARD OF DIRECTORS FROAU SCOTT TERRELL, PLANNING DIRECTOR CALIFORNIA MUNICIPAL UTILITIES ASSOCIATION (CMUA) SUBJECT,, COMMITTEE ON ENERGY EFFICIENCY MEETING IN TRUCKEE On Monday and Tuesday, September 27--28 , 1993 Truckee Donner Public Utility District will be hosting the CMUA Committee on Energy Efficiency in Truckee. The two day meeting will be held in the TDPUD Board Room. Attached is an agenda of the meeting events and the meeting notice. Board members are invited to join us for the education and fun. CALIFORNIA MUMCIPAL UTILITIES ASSOCIATION Committee on Energy Efficiency Truckee, CA Meeting September 27-28, 1993 TENTATIVE AGENDA Sunday Se tember 26 6:00 p.m. - Welcoming Reception at Donner Lake Village Resort (Sponsored by Sierra-Sacramento Chapter of the Association of Energy Engineers) Monday, September 27 8:00 - 9:00 am. Continental Breakfast 9:00 - 9:15 a.m. Welcome - Peter Holzmeister, General Manager Truckee Donner Public Utility District 9:15 - 9:30 a.m. Introduction - George Morrow, Chair 9:30 - 10:15 a.m. Utility DSM Programs - Scott Terrell, Truckee-Donner - Paul Bony, Plumas-Sierra - .Mike Brozo, Roseville 10:15 - 10:30 a.m. Break 10:30 - 11:00 a.m. Mission & Goals 11:00 - 12:00 DSM Needs: Roundtable Discussion 12:00 - 1:30 p.m. Lunch 1:30 - 2:00 P.M. DSM Project Funding Options FARECaI - Western - Other 2:00 - 2:30 p.m. DSM Training - IRP - "RCS" - Other 2.30 - 4:00 pm. Subcommittee Reports - Legislative - Model Programs - Western Utility Consortium - CA Inst. for Energy Efficiency - Geothermal Heat Pump - Water/Energy Partnership - Other 4:00 - 5:00 p.m. DSM Roundtable Discussion (Continued) 5:30 - BBQ Dinner at West End Beach on Donner Lake (sponsored by Pequod Associates, Inc.) 0 Tuesday a tem er 28 $:00 - 9:00 a.m. Continental Breakfast 9:00 - 9:30 a.m. Water System Energy Audit Proposal (Bosek, Gibson & Assoc.) 9:30 - 10:15 a.m. FN.anc HYansen, California E EARE nergy Commission 10:15 - 11:00 a.m. California Conservation Inventory Group Mike Messenger, California Energy Commission 11:00 - 12:00 Lunch 12:00 - 1:00 p.m. DSM Program Verification - Case Studies Brian Heard, Pequod Associates, Inc. 1:00 _ 2:00 p.m. CEC Programs for Public Utilities David Ma,3l, California Energy Commission CALIFORNIA MUNICl ALM UTILITIES ASSOCIATION 1225 EIGHTH STREET, SUITE 440 - SACRAMENTO, CALIFORNIA 95814 * (916)441-1733 ® FAX 441-4053 MEETING G NOTICEI COMMITTEE ON ENERGY EFFICIENCY September 26, 27 & 28, 1993 Truckee-Donner Public Utility District Board Room 11570 Donner Pass Road Truckee, California 96161 The Committee meeting will be held from 9:00 A.M. to 5:00 P.M. on Monday the 27th and from 9:00 A.M. to 2:00 P.M. on Tuesday the 28th. A tentative meeting agenda is attached. In addition to the intellectual stimulation of the meeting there will be nourishment for the body and soul. A welcoming reception at 6:00 P.M. on Sunday the 26t1i and a BBQ Dinner at 5:30 P.M. on Monday the 27th as well as continental breakfasts at 8:00 A.M. Monday and Tuesday mornings. The soul, of course, cannot help but be enriched by the beauty of the surroundings. Special arrangements have been made for accomodat.ions at the Danner Lake Village Resort (2± miles from the P.U.D. offices). If you wish to partake of this stimulating and delectable offering you must: 1) make your reservations directly with Donner Lake Village Resort (brochure enclosed) not later than Friday, September 3 if you want assurance of accommodations at the resort and the special rate of$50/night; 2)return this notice,with the required Information provided below,by mail or fax to CMUA by the same date. in order to obtain the special rate with the resort you must mention"P.U.D."or'-Truckee-Donner P.U.D." at the time you make the reservation. For those who may wish to arrive early and spend the weekend a limited number of accommodations may be available at the special rate for Friday and Saturday evenings,but you should reserve early if you hope to obtain this deal. If you plan to fly to Reno and wish transportation from the airport contact Aerotrans at(702) 786-2376. Aerotrans charges a minimum of$54 per trip/ $18 per passenger to travel to Tuuekee (i.e.; for one passenger the fare is $54; for two, $27 ea.; for three or more, $18 ea.). Aerotrans has a desk near the baggage claim at Reno Airport. COMMITTEE ON ENERGY EFFICIENCY Meeting of September 26, 27 & 28, 1993 YES, I plan to attend the meeting. NO, I will not be attending. Name: Utility: I will also be attending: A) the September 26 reception: NO; YES; with guests. B) the September 27 BBQ: NO; YES; with guests. r ' f IE RESOLUTION NO. OF THE V TRUCKEE DONNER PUBLIC UTILITY DISTRICT A RESOLUTION OF THE BOARD OF DIRECTORS AUTHORIZING THE EXECUTION AND DELIVERY OF A LEASE AGREEMENT, A TRUST AGREEMENT, A SITE AND FACILITIES LEASE, AN ESCROW AGREEMENT, A CONTRACT OF PURCHASE AND AN OFFICIAL STATEMENT, AND CERTAIN OTHER ACTIONS IN CONNECTION THEREWITH WHEREAS, the Truckee Donner Public Utility District , a public utility district duly organized and existing under and pursuant to the Constitution and laws of the State of California (the "District" ) , including the Public Utility District Act, Section 15501 et seq. of the Public Utilities Code of the State of California (the "Public Utilities Code" ) is authorized under provisions of the Constitution and laws of the State of California, including without limitation, Section 16431 of the Public Utilities Code to lease equipment and facilities as the District may determine is necessary or proper; WHEREAS, the District desires to refinance its obligations under that certain Lease/Purchase Agreement, dated as of August 1, 1986 , by and between the District and Bank of America National Trust and Savings Association and to refund the Certificates of Participation (Headquarters Complex Project) delivered in the original, aggregate principal amount of $3 , 050 , 000 through causing the execution of the Lease Agreement described herein and the delivery of not to exceed $3 , 500, 000 principal amount of Refunding Certificates of Participation as described herein (the "Certificates" ) ; WHEREAS, a majority of the Board of Directors of the District (the "Board" ) constituting a quorum for the transaction of business, is present, as required by Section. 16071 of the Public Utilities Code ; and WHEREAS, Section 265 of the Internal Revenue Code of 1986 , as amended (the "Code" ) , provides that under certain circumstances, certain obligations, the interest on which is excludable from gross income for federal income tax purposes pursuant to Section 103 of tho c^de, may be designated by the issuer thereof as "qualified tax-exc=t obligations, " thereby allowing certain financial i1= ti'�ut ' C-is that are holders of such qualified tax-exempt obligations to deduct a portio:> of such institution' s interest expense allocable to such qualified tax-exempt obligations, all as determined in accordance with Sections 265 and 291 of the Code ; and WHEREAS, the Board hereby finds and determines that : (1.) the Certificates authorized by this Resolution are not private activity bonds within the meaning of Section 141 of the Code ; and (2) neither the District nor any or its subordinate entities reasonably anticipates issuing during calendar year 1993 more than an aggregate of $10 , 000 , 000 of obligations, the interest on which is exempt from federal income taxation pursuant to Section 103 of the Code; and WHEREAS, the Board wishes to designate the Certificates as "qualified tax-exempt obligations" within the meaning of Section 265 of the Code; and WHEREAS, all acts, conditions and things required by the Constitution and law of the State of California to exist, to have happened and to have been performed precedent to and in connection with the consummation of the financing authorized hereby do exist, have happened and have been performed in regular and due time, form, and manner as required by .law, and the District is now duly authorized and empowered, pursuant to each and every requirement of law, to consummate such financing for the purpose, in the manner and upon the terms herein provided; NOW, THEREFORE the Board of Directors of the Truckee Donner Public Utility District does hereby resolve as follows : Section 1 . Lease A regiment . The form of Lease Agreement, between the District and the Truckee Donner Public Utility District Financing Corporation (the "Corporation" ) , presented to this meeting and on file with the Clerk of the Board of the Distract, is hereby approved. In accordance with Section 16033 of the Public Utilities Code, the President of the Board (the "President" ) is hereby authorized and directed, for and in the name and on behalf of the District, to sign, and in accordance with Section 16115 of the Public Utilities Code, the Clerk of the District (the "Clerk" ) is hereby authorized to countersign, and both the President and the Clerk are hereby authorized and directed to deliver to the Corporation the Tease Agreement in substantially said form, with such changes therein as the President may require or approve, such approval to be conclusively evidenced by the execution and delivery :section 2 . gust A reement . The form, of Trust Agreement , among the District , the Corporation and Meridian Trust Company of r 'F r' - m ,..< t. �=`` 1 prePnPd to S meetlxg and on fide 2 i with the Clerk, is hereby approved. In accordance with Section 16033 of the Public Utilities Code, the President is hereby authorized and directed, for and in the name and on behalf of the District, to sign, the Trust Agreement, and in accordance with Section. 16115 of the Public Utilities Code, the Clerk is authorized and directed to countersign the Trust Agreement, and both the President and the Clerk are hereby authorized and directed to deliver to the Corporation and the Trustee the Trust Agreement in substantially said form, with such changes therein as the President may require or approve, such approval to be conclusively evidenced by the execution and delivery thereof . Section 3 . Site and Facilities Lease . The form of Site and Facilities Lease, between the Corporation and the District, presented to this meeting and on file with the Clerk, is hereby approved. In accordance with Section 16033 of the Public Utilities Code, the President is hereby authorized and directed, for and in the name and on behalf of the District, to sign the Site and Facilities Lease, and in accordance with Section 16115 of the Public Utilities Code, the Clerk is hereby authorized and directed to countersign the Site and Facilities Lease, and both the President and the Clerk are hereby authorized and directed to deliver to the Corporation the Site and Facilities Lease in substantially said form, with such changes therein as the President may require or approve, such approval to be conclusively evidenced by the execution and delivery thereof . ® Section 4 . Escrow Agreement . The form of Escrow Agreement, between Meridian. Trust Company of California (the "Escrow Agent" ) and the District, presented to this meeting and on file with the Clerk, is hereby approved. In accordance with Section 16033 of the Public Utilities Code, the President is hereby authorized and directed, for and in the name and on behalf of the District, to sign the Escrow Agreement, and in accordance with Section 16115 of the Public Utilities Code, the Clerk is hereby authorized and directed to countersign the Escrow Agreement, and both the President and the Clerk are hereby authorized and directed to deliver to the Escrow Agent the Escrow Agreement in substantially said form, with such changes therein as the President may require or approve, such approval to be conclusively evidenced by the execution and delivery thereof . Section 5 . Contract. of Purchase . The form of Contract of Purchase between the District and Rauscher Pierce Refsnes, Inc . rune Under ari ter" ) , presented to this meeting and on file with Clerk, is hereby approved. In accordance with Section 16033 of the Public Utilities Code, the President is hereby authorized and Cal for and in the name and oil Behalf of the D1SLr1Ct, 0 sign the Contract of Purchase, and in accordance with Section 16115 oy he ublic Utilities Code, the Clerk is hereby authorized and d ected to countersian the Contract of Purchase, and both the ?7 r.^c�'_'�.c�'r{ and the Clerk are hereby authorized and directed to + a deliver to the Underwriter the Contract of Purchase in substantially said farm, with such changes therein as the President may require or approve, such approval to be conclusively evidenced by the execution and delivery thereof, provided, however, that the average coupon rate payable with respect to the Certificates does not exceed 5 . 5% and the underwriter' s discount does not exceed 20 (excluding original issue discount) and the aggregate principal amount of the Certificates does not exceed $3 , 500 , 000 . Section 6 . Preliminary Official. Statement . The form of Preliminary Official Statement relating to the Certificates presented to this meeting and on file with the Clerk is hereby approved. The General Manager of the District (the "General Manager" ) is hereby authorized and directed to execute, approve and deliver the final Official Statement in the form of the Preliminary Official Statement, with such changes as the General Manager may require or approve, such approval to be conclusively evidenced by the execution and delivery thereof (hereinafter referred to as the ,,Official Statement" ) . The General Manager is hereby authorized and directed, for and in the name and on behalf of the District, to execute a certificate regarding the finality of the Preliminary Official Statement and to execute and deliver to the Underwriter the Official Statement . The Underwriter is hereby authorized to distribute copies of the Preliminary Official Statement to persons who may be interested in the purchase of the Certificates and is directed to deliver copies of the Official Statement to actual ® purchasers of the Certificates . Section 7 . Attestations . The Clerk is hereby authorized and directed to attest the signature of the President , if necessary, and to affix and attest the seal of the District, as may be required or appropriate in connection with the execution and delivery of the Lease Agreement, Trust Agreement, Site and Facilities Lease, Escrow Agreement, Contract of Purchase and Official Statement . Section 8 . Desi nation as (Dual ified Tax-Exemtot Obligations . The Board hereby designates the Certificates as "qualified tax- exempt obligations" within the meaning of Section 265 (b) (3) of the Code . Section 9 . Other Actions . The President and the General Manager are hereby authorized and directed to do any and all things and to execute and deliver any and all documents which they may deem necessary or advisable in order to consummate the sale , execution delivery of the Certificates by the Trustee and otherwise to carry out, give effect to and comply with the terms and intent Gi this ALSO_.tx�.l ut C�`,i the Certificates, Lease 1greement , Site and � Facilities Lease, Escrow Agreement , Contract of Purchase and Officia! Statement . Such action heretofore taken by such officers are heresy ratified, confirmed and approved. I The Board hereby further authorizes any and all changes as the . General Manager may approve to the forms of the Certificates, Lease Agreement, Site and Facilities Lease, Trust Agreement and the other documents hereby approved as may be necessary or desirable to provide for a financing which is secured by a pledge of the net revenues of the District ' s water system and electric system. Section 10 . Effective Date. This Resolution shall take effect immediately upon its adoption . PASSED AND ADOPTED this 7th day of September 1993 by the following vote of the Board: AYES : Corbett, Jones, Maass, Sutton. and Aguera . NOES : None. ABSENT: None . 'T'RUCKEE DONNER PUBLIC UTILITY DISTRICT Joseph R. Aguera, President ATTEST: Susan M. Craig, Deputy District Clerk fi _. . . _.... . . . . . . ... .. . . . . . . . .. .. . .... ... . . .. . . _ . . ._ F TNT TUCKE'� DON F� N R RU' L C UT[L TY DISTRICT'. APPROVING AND ACCEPT..N SCA®A ELECTL WC3 RK ANDDIRECTING _ RICA_ THE;,1=1LINC QF TIME NOTICE ELF' COMPLETIQ'C WHEREAS, the Board of Directors of the Truckee Donner Public Utility District approved the specifications and called for proposals for construction of SCADA electrical work; and WHEREAS, the construction contract was awarded to Mountain Electric, Inc., and the contractor entered into an agreement with the District to perform the construction; and WHEREAS, the District's Consulting Engineer, Sauers Engineering, Inc., has recommended that the project be accepted by the District; NOW, THEREFORE, BE IT RESOL VED b y the Board of Directors of the Truckee Donner Public Utility District as follows: 1. That the District hereby accepts the SCADA Electrical Work construction. 2. That the Clerk of the District be directed to file with the County of Nevada the Notice of Completion, a copy of which is attached hereto. 3. That 35 days following the filing of the Notice of Completion, the 10 retained from contractor payments be released to the contractor if no claims have been made to the District by material suppliers or laborers. PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on September 7, 1993 by the following roll call vote: AYES. Corbett, Jones, Maass, Sutton and Aguera. NOES. None. ABSENT.- None. TRUP�EE DONNER PULIC UTILITY DISTRICT By Jo. e fil. Aguera, P ` ident A TTES T.- Susan M. Craig, Deputy Distri Jerk RECORDING REQUESTED BY: § TRUCKEE DONNER PUBLIC UTILITY DISTRICT § • §When recorded, return to: § § TRUCKEE DONNER PUBLIC UTILITY DISTRICT § Post Office Box 309 § Truckee, California 961.60-0309 § NOTICE OF COMPLETION NOTICE IS HEREBY GIVEN: 1. That the name and address of the public entity for whom the improvement project was done, as owner thereof, is the TRUCKEE DONNER PUBLIC UTILITY DISTRICT, Post Office Box 309, Truckee, California 96160-0309. 2. That on September 7, 1993, the hereinafter described improvements were accepted as completed pursuant to a resolution of the Truckee Donner Public Utility District, the awarding authority. 3. That the subject improvements of this Notice are generally described and identified as follows: SCADA Electrical Work, a project located at 11570 Donner Pass Road, Truckee, Nevada County, California, also described as Nevada County Assessor's Parcel No. 18-602-03. 4. That the name of the contractor for such project was: Mountain Electric, Inc., P.O. Box 2377, Truckee, CA 96160, and the surety is Indemnity Company of California, 17780 Fitch, Irvine, California 92714. Dated: � TRUCKEE DONNER PUBLIC UTILITY DISTRICT B y: . Peter L. Holzmeister, General Manager STATE OF CALIFORNIA § COUNTY OF NEVADA § The undersigned, being duly sworn deposes and says: That he is the Manager of the Truckee Donner Public Utility District, a body politic, the entity that executed the foregoing Notice as awarding authority and owners; that pursuant to authorization of the Board of Directors thereof he makes this verification on behalf of said District: that he has read said Noticc and knows tide contents thereof and that the facts herein stated are true. Peter L. Holzineister, Gcn n'al Nt)ttr�� '' tblic in �tnd fr�i tb� St �Y�. ,,f California, C aunty of Neti'�(]' � <.. ONN L O Pu :...:�T!RU:�C!K.EE..:�DON!�N:.ER BLIC U.T.J. LiTY: W .. ..T.R.):CT.... APPR VINE AND ACCEPTIMO TI- E UNDEROROUNI FEDE1 NO. 3 P .. OJ,ECT TAHC E OONNER S BSTATIOI�I AND DIRECTING THE F LING OF' THE' NOTICE<C F GOM'PLETION WHEREAS, the Board of Directors of the Truckee Donner Public Utility District made the determination to upgrade Feeder No. 3 at the Tahoe Donner Substation; and WHEREAS, the project was awarded to Dale Burt of Tahoe Vista, California, and the contractor entered into an agreement with the District to perform the project, and WHEREAS, the project has been completed by the contractor and he has conformed with the provisions of the contract, and WHEREAS, the District's Electric Superintendent has recommended that the project be accepted by the District, NOW, THEREFORE, BE IT RESOL VED by the Board of Directors of the Truckee Donner Public Utility District as follows: 1. That the District herebyaccepts the Underground Feeder No. 3 Project, Tahoe Donner Substation. 2. That the Clerk of the District be directed to file with the County of Nevada the Notice of Completion, a copy of which is attached hereto. 3. That 35 days following the filing of the Notice of Completion, the 10% retained from contractor payments be released to the contractor if no claims have been made to the District by material suppliers or laborers. PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on September 7, 1993 by the following roll call vote: AYES: Corbett, Jones, Maass, Sutton and Aguera. NOES: None. ABSENT: None. TRIXKEE DONNER PUBLIC UTILITY DISTRICT By `` J s h ' . Aguera, P sident ATTEST.- Susan M. Craig, Deputy District rk RECORDING REQUESTED BY: Truckee Donner Pudic Utility District WHEN RECORDED, RETURN TO: TRUCKEE DONNER PUBLIC UTILITY DISTRICT Post Office Box 309 Truckee, CA 96160 NOTICE OF COMPLETION NOTICE IS HEREBY GIVEN: 1. That the name and address of the public entity for whom the improvement project was done, as owner thereof, is the TRUCKEE DONNER PUBLIC UTILITY DISTRICT, Post Office Box 309, Truckee, CA 96160. 2. That on ,�_ the hereinafter described improvements were accepted as completed p rs ant to a resolution of the Truckee Donner Public Utility District, the awarding authority. 3. That the subject improvements of the Notice are generally described and identified as follows: T.D.P.U.D. UNDERGROUND FEEDER NO. 3 PROJECT, TAHOE DONNER SUBSTATION, a project located in Truckee, Nevada County, California. 4. That the name of the contractor for such project was: DALE BURT, P. 0. Box 347 Tahoe vista, CA 96148. Dated: 7A 93 TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Peter L. Hof meister, General Manager STATE OF CALIFORNIA COUNTY OF NEVADA On y before me, Susan M. Craig, personally appeared PETER L. HOLZMEISTER, personably known to me to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person or the entity upon behalf of which the person acted, executed the instrument. Capacity claimed by signer: Corporate officer - Cierk/Ex-officio Secretary of the Truckee Donner Public Utility. District. Witness my hand and official seal. us an ;I. _„g, I+Cjc3ly f7 Not U, COUNTY . f1 SUPPORT` FOR PI�BLIC POWE WEED . ..93 WHEREAS, the Truckee Donner Public Utility District was formed in 1926 to bring electric service to the Truckee Community, and WHEREAS, the District provides reliable, efficient and cost effective electricity employing sound business practices designed to ensure the best possible service at the lowest possible rates to Truckee's homes, businesses and social service and governmental agencies; and WHEREAS, Truckee Donner Public Utility District is a community asset that substantially contributes to the well-being of local citizens through energy efficiency, customer service, environmental protection, economic development and safety awareness; and WHEREAS, Truckee Donner Public Utility District is a member of a community of about 2,000 public power systems and 1,000 rural electric cooperatives in the United States that are owned by their customers, and WHEREAS, the American Public Power Association initiated Public Power Week in 1987, and it has proven to be a highly successful means to educate customers and the general public about public power's public service mission and community betterment goals; NOW, THEREFORE, BEITRESOLVED by the Board of Directors of the Truckee Donner Public Utility District as follows: 1. To designate the week of October 3 - 9, 1993 as Public Power Week in order to honor public power utilities and their customer-owners, policy makers and employees who work together to provide the best possible electric services for the progress of their communities and the nation. 2. That the Truckee Donner Public Utility District joins hands with other members of the public power family in a nationwide celebration of the benefits of public power and undertakes to assist its members with their local celebrations. PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on the 7th day of September 1993 by the following roll call vote: AYES: Corbett, Jones, Maass, Sutton and Aguera. NOES: None. ABSENT: None. TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Jps�eph Aguera, Prd�ident A TTEST,- J Susan M. Craig, Deputy District q&rk PLH/smc