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HomeMy WebLinkAboutAgenda Truckee Donner Public Utility District Board of Directors Joseph Ft,Aguera John L. Corbett Business Office Engineering Services Richard K. Curran (916) 587-3896 (916) 587-3944 FAX (916) 587-5056 .tames A. Maass Patricia S.Sutton General Manager REGULAR MEETING Peter�.Hoizmaister 7:00 PM, Monday, November 2, 1992 TDPUD Board Room 1. Call to order 2. Roll call 3. Public input (7,25 PM or as soon thereafter as possible) - Any member of the audience desiring to address the Board regarding a matter on the agenda is welcome to do so. Matters not specifically listed on the agenda may be brought up under public input UNFINISHED BUSINESS NEW BUSINESS 4. Consideration of a policy regulating interfund loans; possible adoption 5. Consideration of proposal submitted by Arthur Anderson to provide auditservices 6. Consideration of a resolution accepting the Highway 267 Bridge Waterline Relocation Project as complete and authorizing the filing of a Notice of Completion 7. Consideration of a policy regarding the financing of fees and charges 8. Consideration of a staff report regarding initiation of water billings for new construction; possible direction 9. Discussion ofa policy regarding the postponing of District Board meetings when • there is a lack of a quorum and the scheduling of meetings; possible direction 10. Review of AB 3030 and possible direction to set a public hearing regarding drafting of a groundwater management plan 11. Consideration of selling powerline easement to Sierra Pacific Power Company 12. Tahoe Donner Pipeline Replacement Project: a) Consideration of issues relating to Alder Creek Road meadow staging area; possible direction b) Consideration of Truckee Sanitary District claim of damaged sewer laterals; possible action ROUTINE BUSINESS 13. Consideration of minutes - October 5, 1992; possible direction 14. Correspondence 15. Bills for approval 16. Staff report CLOSED SESSION RETURN TO PUBLIC SESSION ADJOURNMENT NOTE: The complete packet of material relating to the agenda is available for review at the PUD office and at the Truckee fbrar Posted and mailed October 29, 1992 '-Susan M. Craig, Deputy Disffict Clerk Post Office Sox 309 0 11570 Donner Pass Road e Truckee, California 96160 TRUCKEE DONNER PUBLIC UTILITY DISTRICT ~ BILLS FOR BOARD APPROVAL - NOVEMBER 2, 1992 TOTAL ELECTRIC WATER DESCRIPTION -----------------------.._-----_-----_------------_----------------------_--_--_----_------- R. W. BECK 1,813.72 1,813.72 RECLOSER CO-ORDINATION PROJECT CROQUETTES & SON 2,225.10 2,225.10 UNITS 38 & 39 COOPERATIVE PERSONNEL SERVICES 1,913.75 250.00 1,663.75 WATER HELPER TEST (1633.75), METER TECH REVIEW (250.00) GENERAL PACIFIC 3,787.64 3,787.64 INVENTORY CABLE. JENSEN PRECAST 1,902.62 1,902.62 C I COVER #504 KING WIRE & CABLE 13,198.22 13,198.22 PURCHASE OF 750 MCM PRIMARY CABLE JAMES MAASS 123.40 123.40 NCPA COMMISSION MEETING ROSEVILLE MBNA AMERICA BUSINESSCARD 256.84 256.84 CALCULATOR FOR W CUMMINGS (131.77) LUNCH WITH S TERRELL (18.09) LEADERSHIP BOOKS FOR DEPARTMENT HEADS (106.98). MBNA AMERICA BUSINESSCARD 27.49 27.49 MAASS NCPA MEETING IN SANTA CLARA ON B/27/92. NEVADA CITY ENGINEERING INC 867.75 867.75 PROFESSIONAL SERVICES FOR EAST RIVER STREET (231.00) AND TAHOE DONNER LINE STAKING (636.75) . NEVADA COMMUNICATIONS EQUIP CO 5,405.50 5,405.50 TWO G.E. RANGER MOBILE RADIOS, CONTROL HEADS PEZONELLA ASSOCIATES INC 1,114.00 1,114.00 PROFESSIONAL SERVICES THROUGH AUGUST 31, 1992. POMBO INC 1,039.OD 1,039.00 SKISLOPE RD-TAHOE DONNER PORTER, SIMON, GRP.HAM, PHELPS & 9,968.47 6,977.93 2,990.54 PERSONNEL (2040.45) , HENRICKSON (71,00), ROBERTSON CUTTITTA (172.50), GENERAL REPRESENTATION (6904.52), WALL ST. (46.00) , KENDALL (734.00) R SUPPLY COMPANY 8,805.01 8,805.01 PLUMBING SUPPLIES FOR VARIOUS JOBS (2265.06) AND PLUMBING SUPPLIES FOR INVENTORY (6539.95). R SUPPLY COMPANY 4,075.63 4,075.63 SPECIAL ORDER FOR HWY 267 BRIDGE PROJECT PHIL REOME INC 8,125.00 8,125.00 INSTALLATION OF 325' OF 2" SCHEDULE 40 CONDUIT FOR A LOOP FEED SYSTEM AT FELTON WOODS. SANDEL-AVERY ENGINEERING 5,375.00 500.50 4,874.50 SCADA PROJECT EXPENSES (4660.00), PC COMPUTER (206.25) TELXON PROBLEM (508.75) i TRUCKEE DONNER PUBLIC UTILITY DISTRICT BILLS FOR BOARD APPROVAL - NOVEMBER 2, 1992 SAUERS ENGINEERING INC 26,644.50 60.00 26,584.50 PROP 55 (18790.75) TTHS IMPROVEMENTS (20.00) TD SNOWMAKING (30.00) BEAR MEADOWS (40.00) E RIVER. ST WELL (100.00) WRIGHT PROJECT (270.00) MISC ELECTRICAL (60.00) AIRPORT TANK REPAIR (1583.75) DAIRY QUEEN ROW (80.00) STANDARDS REV (620.00) HWY 267 RIVER CROSSING (4425.00) MISC REQUESTS AFTER ANDY (350.00) TELEMETRY (225.00) PROSSER WOODS (50.00). SHAFFER PAVING CO 9,100.50 6,282.00 2,918.50 PATCH PAVING VARIOUS LOCATIONS (2818.50), ASPHALT SEALING BLDG COMPLEX (6282.00) SUPER PLUMBING 2,819.18 2,819.18 INV-VALVE GATE UTILITY TREE SERVICE INC 9,157.60 9,157.60 TREE TRIMMING AND REMOVAL. GLEN WAGNER FIELD SERVICE 7,957.50 7,957.50 MAINTENANCE AND REPAIR OF COMPANY VEHICLES. WEAVER EQUIPMENT CO 3,557.23 3,557.23 REPAIR PARTS (1626.73) RENTAL OF BACKHOE (1930.50). WESCO 6,397.46 6,397.46 ONE 225 KVA PADMOUNT TRANSFORMER 3 PHASE. WESTERN NEVADA SUPPLY COMPANY 9,976.28 9,976.28 GATE VALVES, WATER METERS AND ADAPTERS. ZIMMCO EQUIPMENT INC. 2,250.00 2,250.00 SOIL COMPACTOR FOR WATER DEPARTMENT r-- 147,884.39 86,624.6861,259.71 I i STAFF REPORT . ., October 27 1992 TO: Board of Directors , FROM: Peter L. Holzmeister,` General Manager SUBJECT: Staff Report AGENDA � A) Water quality report - Attached is the water quality report for the month of August 1992. B) HR 776, The Energy Policy Act of 1992 - Congress has enacted HR 776, and the President is expected to sign it. This is a major victory for public power. It authorizes FERC to order wheeling under specific circumstances. This helps our cause substantially in dealing with SPPCo. We need to get a full analysis from Bob McDiarmid regarding the workings of this bill; f will ask him to work on it. We may be able to loosen the jog jam now. C) Public Power Week - APPA sponsored public power week was October 5 through 9. Scott Terrell arrived in time to quickly put together a few programs for our community. The attached memorandum from Scott describes what we did. }!text year we will plan to do more. D) Finance reports for September - Attached are the financial reports through September, consisting of a budget report, statement of general fund, investment report, water and electric balance sheets, and water and electric income statements. PLH/smc Attachments Truckee Bonner Public Utility District Board of Directors Joseph R. Aguera John L. Corbett Business Office Engineering Services Richard K.Curran (916) 587-3896 (916) 587-3944 FAX (916) 587-5056 James A. Maass Patricia S.Sutton General Manager Peter L. Holzmeister RECT\ a;2 MEMORANDUM September 30, 1992 To: Peter Holzmeister From: David Rully Subject: Monthly Bacteriological Report - August, 1992 Attached is the "Summary of Bacteriological Water Quality" report for the month of August 1992 . The report shows that the 32 of the 33 samples taken in the Truckee, Hirschdale, and Prosser systems were free of coliform bacteria. one of the samples taken in the Prosser system came back with one positive tube. The retest and all subsequent samples were negative. The District has met the State's drinking water standards for the month of August. Post Office Box 309 • 11570 Donner Pass Road Truckee, California 96160 TRUCKEE DONNER PUBLIC UTILITY DISTRICT System Source Samples Portions Percent Samples Portions Percent Yr. /Month Collected Positive Positive Collected Positive Positive 1992 July (Truckee) 26 0 0 25 0 0 (Prosser) 10 4 8 8 0 0 (Hirschdale) 1 0 0 1 0 0 1992 August (Truckee) 22 0 0 17 0 0 (Prosser) 10 1 10 6 0 0 (Hirschdale) 1 0 0 1 0 0 ski 14 rn,�-n SUMMARY American Public Power Association OF H.R. 776, "THE ENERGY POLICY ACT OF 1992" 2;01, M S,reel.711n1. CONFERENCE AGREEMENT 'Olashing'on,U.20037-1484 202,467.2900 OVERVIEW On Thursday, October 8, 1992, the Senate passed by voice vote, the final Conference Report on H.R. 776, "The Energy Policy Act of 1992" (H. Rpt 102-1018) . After a three day delay over an anticipated nuclear waste filibuster by Sens. Bryan (D-NV) and Reid (D-NV) , the Senate obtained the necessary votes needed to limit debate, eventually forcing final passage of the legislation. The House of Representatives had previously passed the Conference Report on Monday, October 5, by a vote of 363-60. President Bush is expected to sign the bill once he receives it in the next few days or weeks. (The final bill must be enrolled and engrossed before it can be sent to the White House.) A signing ceremony has not been scheduled. Below is a brief outline of the provisions of key interest to public power. I. TRANSMISSION ACCESS Significant and positive changes to the Federal Power Act concerning transmission access were adopted by the Congress. The legislation includes the following provisions. Right to Request Transmission Services -- Amends the Federal Power Act to permit any electric utility, federal power marketing agency, or any other person generating electric energy for wholesale to apply to FERC for an order requiring a "transmitting utility" to provide transmission services, including enlargement of transmission capacity. Persons Obligated to Wheel -- FERC's authority to order transmission services applies to any electric utility (including consumer-owned electric utilities) , qualifying cogeneration or small power production facility, or federal power marketing agency with wholesale transmission facilities. Basis for Granting Order - Authorizes FERC to issue a transmission order if it meets the pricing provisions set forth in this proposal and would otherwise be in the public interest. Reliability of Service -- Restricts FERC from issuing any order for transmission or interconnection services if it would unreasonably impair the continued reliability of electric systems affected by the order. Pricing -- Requires FERC to set rates for transmission services at "rates, charges, terms, and conditions which permit the recovery by such utility of all the costs incurred in connection with the transmission services and necessary associated services, including, but not limited to, an appropriate share, if any, of legitimate, verifiable economic costs, including taking into account any benefit to the transmission system of providing transmission service, and of the cost of any enlargement of transmission facilities. Such rates, charges, terms, and conditions shall promote the economically efficient transmission and generation of electricity and shall be just and reasonable, and not unduly discriminatory or preferential . " Information Requirements -- With respect to good faith requests for transmission services, a utility that does not provide such services must provide within 60 days an explanation of the reasons for its action. The bill directs FERC to issue rules within one year requiring transmitting utilities to submit information annually on potentially available transmission capacity, II. PUHCA REFORM Amendments to the Public Utility Holding Company Act also were approved by the Congress. PUHCA was amended to permit entities known as "exempt wholesale generators" to generate and sell power at wholesale free from the Act's restriction on corporate structure. Self dealing on power sales is allowed, but state commissions must first approve the sale. State utility commissions were assured access to sufficient information about electric utilities and their affiliates to exercise their regulatory responsibilities. III. HYDROPOWER Federal Land and Policy Management Act (FLPMA) - - Overturns the Ninth Circuit Court of Appeals decision State of California v. FERC) referred to as the "Henwood decision" which held that the FLMPA provisions requiring rights-of-way for use of federal land do not apply to federally-regulated hydropower projects. However, the language grandfathers existing projects from obtaining rights-of-ways. Dams in National Parks -- Prospective only, prohibits licensing new projects within the exterior boundaries of units of the National Park system. Third-Party Contracting -- Allows licensees to utilize outside contractors to do environmental studies required for licensing and relicensing projects. Fishways -- Vacates FERC's present regulatory definition of "fishways. " FERC can continue to define and interpret fishways on a case-by-case basis in individual license proceedings. (On this point, APPA and other groups representing hydropower interests, were successful in clarifying FERC' s ability to define fishways on a case-by-case basis or "orders" through managers' report language) . In issuing a new regulatory definition of "fishway" through a rulemaking, FERC would need to have the concurrence of the Secretaries of Interior and Commerce. Collection of Fees -- Allows federal and state agencies to be reimbursed for the cost of studies required in the licensing and relicensing process. These fees would be collected through FERC annual charges. State and Local Government Lands -- Prohibits or restricts the use of federal eminent domain for acquiring presently designated state public parks, recreation areas, or wildlife refuges for FERC-licensed hydro projects. Prospectively, FERC would have the opportunity to make a determination, through a public hearing, on whether the proposed facility --4-- would be inconsistent with the purposes of the land. BPA -- Permits BPA to use ratepayer revenues to pay for improvements of existing projects by the Army Corps of Engineers or the Bureau of Reclamation. Studies -- Authorizes two hydropower studies. One would direct the Department of Energy to identify cost-effective opportunities for increasing power production at existing federal hydroelectric facilities. The other would direct the Department of the Interior to study water use efficiency measures at federal water projects to increase hydropower production, make more efficient use of the power generated, and provide more water for fish and wildlife. Creation of New Tax-Exempt Bonds for Hydroelectric Upgrades -- The tax-writing committees included a provision creating a new type of exempt-facility bond, outside of the private bond cap, for environmental enhancements of hydroelectric generation facilities. The provision was originally included in the Senate version of the bill at the insistence of Senator Packwood (R-OR) , to help finance environmental improvements along the Columbia River in Central Washington. Eighty percent of the net proceeds from this new type of exempt-facility bond must be used to finance property for the promotion of fisheries or other wildlife resources. Qualifying expenditures must be related to a governmentally owned and operated hydroelectric facility and may not include amounts which increase or allow an increase in the capacity of the existing generation equipment. Issuance of these bonds is not subject to the annual state private activity bond volume limitations. IV. ELECTRIC AND HAGNETIC FIELDS RESEARCH PROGRAM Authorizes $65 million, over five years, to create a nationally coordinated research and information dissemination program on electric and magnetic fields (EMF) . The legislation establishes a committee of representatives from federal agencies (the "Interagency Committee") to coordinate the federal research effort and an advisory committee (the "Advisory Committee") of representatives from states, unions, industry, and public interest groups to make recommendations to the Interagency Committee with respect to design and implementation of proposals. The Department of Energy will have the overall responsibility of the program, with the Department of Health and Human Services being responsible for conducting biological and epidemiological research. In order to ensure the credibility of the research program, mechanisms for scientific peer review of proposals and conflict of interest provisions for researchers are included in the legislation. The program will be jointly funded by federal and non-federal sources. V. CONSERVATION REBATE PROVISIONS The bill excludes from a customer's gross income conservation rebates given by utilities for the purchase or installation of any energy conservation measure. For residential customers, 100 percent is excluded from gross income beginning in 1993. For commercial and industrial customers, 40 _-5_- percent is excluded in 1995, 50 percent in 1996, and 65 percent from 1997 on. VI. REN EWABLES Renewable Energy Production Incentive -- Conferees reinstated a provision directing the Department of egn ve payments to qualifying subject to appropriations, renewable energy producto renewable energy projects owned or operated by public power systems and rural electric cooperatives. The ofeeplecgricifiillroducedefpromments of renewablep to energy5 cents for every kilowatt houry P resources. The original language would have made incentive payments available to all utility systems. Joint Ventures/Exports -- The bill authorizes numerous joint ventures between the federal government and private enterprise to develop renewable technologies and applications. Still other proposals were included to promote exports of renewable energy technology. One of these would direct the Secretary of Commerce to develop a comprehensive data bank matching the energy technology needs of developing countries with renewable energy products and services provided by American companies, Production Tax Credit for Renewable Energy Resources --- The tax-writing committees included a provision to provide a roduction credit of 1.5 cents per kilowatt hour for electricity produced from qualified wind energy facilities or "closed-loop" biomass facilities. These credits are only available to tax paying entities such as investor owned utilities (IOUs) and independent power producers (IPPs) , not public power systems. VII. ELECTRIC VEHICLES The legislation authorizes a multi-year $150 million comprehensive program of electric vehicle research, development, and demonstration activities, as well as programs for development and demonstration of needed infrastructure. The bill also provides tax incentives for electric vehicles and related refueling property. Moreover, the legislation requires companies engaged in production, storage, refining, distribution, or sales of alternative fuels (including municipal electric utilities) to phase in alternative fuel fleet vehicles, beginning with 30 percent in 1996 and increasing to 90 percent in 1999. VIII. INTEGRATED RESOURCE PLANNING The bill imposes certain integrated resource planning (IRP) requirements. State utility commissions, consumer-owned utilities with annual retail sales in excess of 500 million kilowatt--hours (kWH) and the Tennessee Valley Authority (TVA) must consider a new integrated resource planning standard pursuant to the consideration requirement of the Public Utility Regulatory Policies Act. In addition, preference customers of the Western Area Power Administration (WAPA) must be required through their contracts with WAPA to develop integrated resource plans. Provisions in the Senate-passed bill requiring the Southeastern and Southwestern Power Administrations to consider requiring their customers to implement IRPs were dropped in the conference. PURPA-based IRP Requirements -- The Public Utility Regulatory Policies Act (PURPA) is amended to include an IRP standard for all "non-regulated" electric utilities with annual retail sales in excess of 500 million kWH. All state utility commissions must consider the IRP for the utilities they regulate. PUCs and large non-regulated utilities are required to consider and decide in a public session whether to implement IRP. They can consider and reject IRP and still comply with this requirement, as long as public participation is allowed in the decision-making process. About 130 publicly owned power systems (not including rural electric cooperatives) exceed the 500 million kWH PURPA threshold. A House-passed provision requiring consideration of environmental externalities, as part of this new standard, was dropped from the final version. TVA IRP Requirements -- TVA is required to implement "least cost planning"; to allow input by TVA distributors in designing the program; and to provide assistance to its distributors in planning and implementing cost-affective energy efficiency options. TVA must allow public review and comment on any major new energy resources under consideration for its system. WAPA IRP Requirements -- All but the smallest WAPA customers are required to adopt and implement IRP. WAPA is directed to review the process followed by customers in developing their IRPs, but the decisions on energy demand and supply options remain with the utilities. If a customer fails to adopt or implement IRP, WAPA is directed to impose substantial rate penalties or power allocation reductions. The conference report directs WAPA to be "flexible enough to allow for reasonable variations in compliance requirements." WAPA is directed to accept IRPs currently being implemented by customers under other programs if they "substantially comply" with the bill 's requirements. Again, the conferees direct WAPA "to be flexible in determining what satisfies the 'substantial compliance' standard." Provisions in the House-passed bill which would have established a Central Valley Project energy efficiency pilot program and a $25 million revolving fund for renewable energy projects were dropped, as were provisions allowing citizens' suits for enforcement of the WAPA IRP requirements. IX. NUCLEAR POWER Licensing The Conference agreement includes language to streamline the nuclear licensing process. It codifies a 1989 Nuclear Regulatory Commission's rule, otherwise known as the Part 52 rule, that would streamline federal approval of new commercial reactors by allowing a utility to obtain a single license for both the: construction and operation of a nuclear power plant, following a public hearing at the beginning of the process. Uranium Enrichment Corporation -- The Conference agreement includes language to convert the current Uranium Enrichment Enterprise (U£E) into a government corporation with a five-member board of directors charged with conducting the corporation in a business-like fashion. Decontamination and Recommissioning of Existing Facilities -- The bill also includes language to help finance the cleanup of contaminated facilities, spliting the costs between the federal government and domestic nuclear power utilities. Contributions to a cleanup fund from both sources would total $480 million a year, indexed to inflation. The federal government will be responsible for 70 percent of the costs, which will be paid for through annual appropriations. Nuclear utilities will assume roughly the remaining 30 percent. More specifically, the utilities ' liability is placed at $150 million annually, indexed to inflation. Their total contributions are capped at $2.25 billion or 15 years, which ever comes first. Also, the fees on individual nuclear utilities will be based on the amount of enriched uranium they have purchased from the federal government over the years. Yucca Mountain/Nigh Level Radioactive Wastes -- The conferees agreed to drop a controversial House provision that would have allowed DOE to proceed, without state environmental permits, to conduct a lengthy series of studies at Yucca Mountain in Nevada to determine whether the site is geologically suitable to serve as a permanent underground repository for high-level radioactive wastes. However, they did adopt language that would require EPA to issue nuclear waste disposal standards specifically tailored to protect the public from any radiation that might be released at Yucca Mountain. EPA would be required to base these standards on the recommendations contained in a study by the National Academy of Sciences, to be completed by December 31, 1993. X. GLOBAL CLIMATE CHANGE Voluntary Reductions of Greenhouse Gases -- The bill significantly narrowed the mandatory nationwide baselines and credits provisions contained in the House bill to only require DOE to establish a national inventory of greenhouse gas emissions based on existing data. The bill also establishes a program for the voluntary reporting of greenhouse gas emissions. Assessment of Alternative Policy Mechanisms -- Also included is a provision to evaluate policy implications of incentives for reduction of greenhouse gas emissions. XI. COAL Clean Coal Technology -- In addition to authorizing new research programs for specific technologies, the bill would allow DOE to extend the existing clean coal technology demonstration program past its scheduled fifth and final round. Exports -- Language was included to establish a program promoting the export of clean coal technologies to developing countries. Research and Development -- The bill would authorize research, development, and demonstration projects for several emerging technologies designed to use coal more cleanly and efficiently. Data Base and Study of Transportation Rates -- Directs DOE to review and determine whether current information on transportation rates for rail and pipeline transport of domestic coal , oil , and gas during the years 1988-1997 is reasonably available. If such information is not available, the bill directs DOE to establish a data base containing information on all such rates. In addition, the Energy Information Administration is required to initiate a study on the impact of the Clean Air Act on rates and distribution patterns of coal , oil , and gas if it is found that no other study has been conducted. XII. ENERGY EFFICIENCY The bill would establish mandatory energy efficiency standards for incandescent and fluorescent lamps, electric motors, utility transformers, and heating and cooling equipment for commercial buildings. Efficiency standards also would be set for new shower heads, faucets, toilets, and urinals. In addition, the bill would require states to consider updating their residential building codes and to incorporate energy efficiency standards in their commercial building codes. XIII. MISCELLANEOUS RESEARCH AND DEVELOPMENT The bill establishes research and development programs for a broad range of energy technologies, including high-temperature superconducting electric power systems, renewable energy resources, energy efficiency, natural gas and electric heating and cooling technologies, advanced nuclear reactors, and electrically powered vehicles. It authorizes a five-year research, demonstration, and commercialization program, requiring non-federal participants to contribute at least 20 percent for research and development projects and at least 50 percent for demonstration and commercial applications programs. However, the Secretary of Energy would be permitted to waive or reduce these requirements for basic research. The bill also outlines various options for cost-sharing, such as joint ventures between the federal government and non-federal sponsors, cooperative agreements, and federal grants. Truckee Donner Public [utility District Baard of Directors Joseph R.Aguera John t-.Corbett Business Office Engineering Services Richard K. Curran (916) 587-3896 (916) 587-3944 FAX (916) 587-5056 ,lames A. Maass Patricia S. Sutton General Manager Peter L. Holzmeister MEMORANDUM OCTOBER 16, 1992 To: Peter Holzmeister From: Scott Terrell . Subject: Public Power Week(s) During the weeks of October 5--9 and 12-16, 1992 TDPUD celebrated Public Power Week by doing electric safety presentations and equipment demonstrations at Truckee Elementary and Sierra Mountain Middle School . Public Power Week helium balloons were available for interested children at the TDPUD main building. Staff advertised this event through public service announcements in the Sierra Sun and radio stations KROW, KDOH, and KHSP. On Thursday October 8 Mickey Camara, Wayne Cummings, and myself visited Sierra Mountain Middle School and gave 7 fourth grade classes a demonstration of the bucket and auger trucks as well as discussed TDPUD and the benefits of public power. There were approximately 200 children in attendance. During the week of October 12-16, 1992 1 gave a presentation on electric safety which included two children' s videos to 20 K-3 classes. This resulted in approximately 600 children and 20 teachers learning TDPUD's message on public power and electric safety. Mickey Camara and Ed Thompson gave an electric equipment demonstration on October 14 and 16 to approximately 250 children, all of whom had already received our classroom instruction on electric safety. Pnst Office Rox 309 . 11570 Donner Pass Road Truckee. California 96160 TRUCKEE DONNER PUBLIC UTILITY DISTRICT: 1992 OPERATING BUDGET REPORT 1/92 - 8/92 67% ELECTRIC: WATER: TOTAL: REVENUES: Budget Actual Budget Sal % Budget Actual Budget Bat % Budget Actual Budget Bat % --------------------------------------------------------- --------------------------- ------------------------------------------------------ Residentiat sates 3,796,574 2,368,762 1,427,812 62% 1,390,000 1,123,621 266,379 81% 5,186,574 3,492,383 1,694,191 67% commercial sales 2,582,275 1,784,605 797,670 69% 285,000 235,068 49,932 82% 2,867,275 2,019,673 847,602 70% Large commercial sales 645,000 400,346 244,654 62% 0 0 0 0% 645,000 400,346 244,654 62% Sales to public authorities 86,500 57,157 29,343 66% 0 0 0 0% 86,500 57,157 29,343 66% Fuel charge 100,000 186,901 (86,901) 187% 0 0 0 0% 100,000 186,901 (86,901) 187% Interdepartmental sates 560,955 304,964 255,991 54% 750 366 384 49% 561,705 305,330 256,375 54% Misc operating revenue 114,000 73,149 40,851 64% 25,000 7,127 17,873 29% 139,000 80,276 58,724 58% Misc rents 43,000 31,026 11,974 72% 1,000 6,190 (5,190) 619% 44,000 37,216 6,784 85% Standby revenue 52,500 23,910 28,590 46% 326,325 169,483 156,843 52% 378,825 193,393 185,433 51% Interdepartmental rent 118,836 79,224 39,612 67% 0 0 0 0% 118,836 79,224 39,612 67% Fire protection fees 0 0 0 0% 53,000 41,054 11,946 77% 53,000 41,054 11,946 77% -- -------------------------------------- ........------------------------------------- ----------- ------------- Totat Operating Revenue 8,099,640 5,310,044 2,789,596 66% 2,081,075 1,582,908 498,167 76% 10,180,715 6,892,953 3,287,762 68% Capitalized interest income 0 0 0 0% 691,030 408,954 282,076 59% 691,030 408,954 282,076 59% Interest income 220,000 64,579 155,421 29% 4,000 1,917 2,083 48% 224,000 66,496 157,504 30% ----------------- --- ---------------------- ------------------------------------....----- ---------------------------------- Total Revenue 8,319,640 5,374,623 2,945,017 65% 2,776,105 1,993,779 782,326 72% 11,095,745 7,368,402 3,727,343 66% TRUCKEE DONNER PUBLIC UTILITY DISTRICT: 1992 OPERATING BUDGET SUMMARY 1/92 - 8/92 67% ELECTRIC: WATER: TOTAL: Budget Actual Budget Bat % Budget Actual Budget Bat % Budget Actual Budget Bat % --------------------------------- -------------------------------------------------------------------------------------------------------- --- Revenues 8,319,640 5,374,623 2,945,017 65% 2,776,105 1,993,779 782,326 72% 11,095,745 7,368,402 3,727,343 66% Less Expenses: Board of Directors 76,540 62,528 14,012 82% 20,810 22,771 (1,961) 109% 97,350 85,299 12,051 88% Generat Manager 223,896 169,206 54,690 76% 82,812 73,337 9,475 89% 306,708 242,543 64,165 79% Administrative Services 549,920 325,205 224,715 59% 303,022 180,684 122,338 60% 852,942 505,889 347,053 59% Planning Services 118,206 48,259 69,947 41% 51,127 28,513 22,614 56% 169,333 76,772 92,561 45% Technical Services 423,080 224,517 198,563 53% 33,009 19,142 13,867 58% 456,089 243,659 212,430 53% Electric/Water Operations 644,792 448,343 196,449 70% 1,320,635 787,114 533,521 60% 1,965,427 1,235,457 729,970 60% Purchasing/Warehousing 16,963 35,866 (18,903) 211% 7,270 (7,787) 15,057 -107% 24,233 28,079 (3,846) 116% Purchased Power 4,860,000 3,528,786 1,331,214 73% 0 0 0 0% 4,860,000 3,528,786 1,331,214 73% Interdepartmental rent 0 0 0 0% 118,836 79,224 39,612 67% 118,836 79,224 39,612 67% Debt service 365,922 274,086 91,836 75% 737,610____- _-460,480-^- -277,130---62% 1,103,532 -- - 734,566 368,966 67% ----------- --------------------------------- ---------- ------------ -- ------------ Total Expenses 7,279,319 5,116,795 2,162,524 70% 2,675,131 1,643,478 1,031,653 61% 9,954,450 6,760,273 3,194,177 68% Net Revenue less Expenses 1,040,321257,828782,493_-,25%_ ____ 100,974 350,301 (249,327) 347% 1,141,295 608,129 533,166 53% Truckee Donner Public [utility District Post Office Box 309.11570 Donner Pass Road*Truckee, California 95734 (916) 587-3396 General Manager Board of Directors Peter L. Holzmeister Joseph R.Aguera John L. Corbett Richard K.Curran James A. Maass October 28, 1992 Patricia S. Sutton MEMORANDUM TO: Peter L. Holzmeister, General Manager FROM: Mary Chapman, Office Manager SECT: Investment report Port As of September 30, 1992 the District had the following investment comprise of the funds as detailed. INVESTMENTS YIELD AMOUNT LOCAL AGENCY INVESTMENT FUND 4.7600 7,633,002.90 ELECTIC FUNS REA RESERVE * 19,000.00 GENERAL FUND 669,712.09 FACILITIES FEES-PRE AB1600 * 704,096.83 FACILITIES FEES-POST AB1600 * 320,890.07 STORM DAMAGE FUND * 184,381.92 BUILDING FUND * 810,108.38 --------------- TOTAL ELECTRIC INVESTMENTS 2,708,189.29 WATER FUNDS FACILITIES FEES-PRE AB1600 * 629,301.23 FACILITIES FEES-POST AB1600 * 309,646.21 BUILDING FUND * 720,089.91 RESERVE FOR FUTURE METERS * 754,134.28 TAHOE DONNER WATER SYSTEM FUND* 207,672.16 WEST RIVER ST. ASSESSMENT DISTRICT BOND REDEMPTION FUND * 16,370.73 PREPAID CONNECTION FEES * 72,592.61 TELEMETRY RESERVE * 50,904.71 TSA (SAD II IMPROVEMENT) 36,831.94 ACQUISITION FUND * 2,127,269.83 --------------- TOTAL WATER INVESTMENTS 4,924,813.61 --------------- TOTAL DISTRICT INVESTMENTS 7,633,002.90 * RESTRICTED FOR SPECIFIC USE PER BOARD RESOLUTIONS TRUCKEE DONNER PUBLIC UTILITY DISTRICT STATEMENT OF GENERAL FUND SEPTEMBER 30, 1992 HISTORY OF ACTIVITY FOR MONTH: BALANCE IN GENERAL FUND 08/31/92 1,127,218.03 --------------- RECEIPTS ELECTRIC REVENUE 486,989.93 WATER. REVENUE 182,083.31 STANDBY ELECTRIC 0.98 STANDBY WATER 46.92 MISC. BILLING REVENUE ELECTRIC 10,282.31 MISC. BILLING REVENUE WATER 7,463.81 CONSUMER DEPOSITS, ELECTRIC 8,926.75 CONSUMER DEPOSITS, WATER 2,800.00 CUSTOMER ADVANCES-CONNECTION FEE ELECTRIC 24,020.00 CUSTOMER ADVANCES-FACILITIES FEES-ELECTRIC 7,835.60 CUSTOMER ADVANCES-OTHER ELECTRIC 16,181.00 CUSTOMER ADVANCES-CONNECTION FEE WATER 10,710.00 CUSTOMER ADVANCES-FACILITIES FEES-WATER 10,592.00 CUSTOMER ADVANCES-METER FEES-WATER 4,590.00 CUSTOMER ADVANCES-OTHER WATER 5,508.00 MISC. REVENUE ELECTRIC-SALE SURPLUS ITEMS 1,331.48 MISC. REVENUE ELECTRIC 636.09 MISC. REVENUE WATER-SALE SURPLUS ITEMS 4,787.50 MISC. REVENUE WATER 610.71 MISC. REVENUE WATER-DAMAGES CLAIM 1,705.00 --------------- TOTAL RECEIPTS 787,101.39 DISBURSEMENTS ACCOUNTS PAYABLE DISBURSEMENTS 1,060,693.56 TRANS. TO ELECTRIC RESTRICTED FUNDS-FACILITIES FEES 7,335.60 TRANS. TO WATER RESTRICTED FUNDS-FACILITIES FEES 10,592.00 TRANS. TO WATER RESTRICTED FUNDS-FUTURE METER FEES 4,590.00 SEMI-ANNUAL TRANSFER FMHA BOND AGREEMENT 17,000.00 --------------- TOTAL DISBURSEMENTS 1,100,711.16 --------------- BALANCE IN GENERAL FUND 09/30/92 813,608.26 DISTRIBUTION OF NON-RESTRICTED FUNDS AT MONTH-END: PETTY CASH/CUSTOMER SERVICES OPERATING FUNDS 600.00 TRUCKEE RIVER BANK GENERAL FUND 143,296. 17 LAIF GENERAL FUND (NOT RESTRICTED) 669,712.09 --------------- 813,608.26 + t i TRUCREE DONNER P.U.D. ELECTRIC BALANCE SHEET FOR PERIOD EN➢ING SEPTEMBER 30, 1992 CURRENT LAST YEAR Y-T-D AMOUNT Y-T-D AMOUNT A S S E T S UTILITY PLANT 8,562,078.80 8,617,114.96 RESTRICTE➢ FUNDS ADMINISTRATIVE BUILDING LEASE FUNDS 281,007.66 282,112.38 EMPLOYEE DEFERRED COMPENSATION-ICMA 307,401.53 304,017.96 REA RESERVE FUND 19,000.00 19,000.00 FACILITIES FEES 1,024,986.90 850,971.48 STORM FUND 184,381.92 174,129.23 BUILDING FUND 810,108.38 612,918.59 TOTAL RESTRICTED FUNDS 2,626,886.39 2,243,149.64 17 1+ CURRENT ASSETS GENERAL FUNDS 813,608.26 1,328,211.83 ACCOUNTS RECEIVABLE, NET 554,140.96 433,351.20 DUE FROM WATER 783,974.59 566,669.88 MATERIALS AND SUPPLIES 309,161.99 345,087.11 INTEREST INCOME RECEIVABLE 37,979.36 55,720.52 PREPAID EXPENSES AND OTHER 81,110.90 76,085.06 TOTAL CURRENT ASSETS 2,579,976.46 2,765,125.60 UNAMORTIZED DEBT DISC AND ISSUE COSTS 149,106.00 156,919.00 PRELIMINARY SURVEY COSTS AND OTHER 2,190.26 3,141.20 TOTAL ASSETS 13,320,237.31 13,785,450.40 1 0 '. t * TRUCKEE DONNER P.U.D. ' ELECTRIC BALANCE SHEET FOR PERIOD ENDING SEPTEMBER 30, 1992 CURRENT LAST YEAR Y-T-D AMOUNT Y-T-D AMOUNT E Q U I T Y & L I A B I L I T I E S ------------------------------------- RETAINED EARNINGS 8,635,685.65 8,564,614.05 DEBT ADMINISTRATIVE OFFICE BUILDING LEASE 2,780,000.00 2,840,000,00 REA 73,573.52 96,573.52 IDAHO FIRST - IBM COMPUTER LEASE .00 32,240.65 LINE TRUCK UNIT 10 148,789.74 168,572.10 TOTAL DEBT 3,002,363.26 3,137,386.87 4 3 CURRENT LIABILITIES ACCOUNTS PAYABLE 917,765,26 853,131.72 CONSUMER DEPOSITS I55,161.63 162,660.57 ACCRUED INTEREST PAYABLE 36,886.28 38,332.73 DEFERRED STANDBY FEES .00 .00 ACCRUED COMPENSATION & RELATED COSTS 153,936.41 54,393.42 TOTAL CURRENT LIABILITIES 1,263,749.58 1,108,5I8.50 14 O CONSTRUCTION ADVANCES 711,037.69 670,913.02 EMPLOYEE DEFERRED COMPENSATION - ICMA 307,401.53 304,017.96 TOTAL EQUITY AND LIABILITIES 13,920,237.91 13,785,450.40 1 0 * TRUCKEE DONNER P.U.D. ' * • ELECTRIC INCOME STATEMENT FOR PERIOD ENDING SEPTEMBER 30, 1992 CURRENT LAST YEAR Y-T-D AMOUNT Y-T-D AMOUNT OPERATING REVENUE RESI➢ENTIAL 2,356,790.96 2,343,419.95 CORMERCIAL 1,882,305.87 1,684,049.26 LARGE COMMERCIAL 441,995.91 454,004.25 SALES TO PUBLIC AUTHORITIES 62,149.29 66,921.14 199,754.51 92,893.44 FUEL CHARGE INTERDEPARTMENTAL 353,324.97 440,987.45 TOTAL ENERGY SALES 5,29b,321.51 5,082,275.49 MISC OPERATING REVENUE 80,411.49 80,324.41 MISCELLANEOUS RENTS 34,648.91 32,101.65 STANDBY REVENUE 23,910.00 25,287.50 INTERDEPARTMENTAL RENT 84,127.00 86,417.28 TOTAL OPERATING REVENUE 5,524,418.91 5,306,406,33 OPERATING EXPENSES PURCHASED POKER 3,918,588.61 3,620,768.44 DISTRIBUTION OPERATIONS 412,362.96 365,411.02 DISTRIBUTION MAINTENANCE 65,926.56 67,421.34 CUSTOMER ACCOUNTING & INFORMATION 239,501.06 208,182.85 ADMINISTRATION & GENERAL 65i,470.93 467,692.04 DEPRECIATION 295,876.14 283,435.54 OTHER OPERATING EXPENSES 63,746.60 42,800.05CR 5,647,072.88 4,97Q,111.14 TOTAL OPERATING EXPENSES -------------- NET OPERATING REVENUE 122,653.97CR 336,295.19 OTHER REVENUE (EXPENSE) INTEREST INCOME 154,087.65 177,744.5? INTEREST EXPENSE 184,521.15CR 186,268.04CR NET REVENUE (LOSS) 153,087.47CR 327,771.72 f } * TRUCKEE DONNER P.U.D. WATER BALANCE SHEET FOR PERIOD ENDING SEPTEMBER 30, IS92 CURRENT LAST YEAR Y-T-D AMOUNT Y-T-D AMOUNT A S S E T S ------------ 8,875,915.05 5,791,187.44 UTILITY PLANT RESTRICTED FUNDS WATER SYSTEM IMPROVEMENT PROJECT 13,55 .00 CERTIFICATE PAYMENT FUND 2,127,269.83 5,162,791.27 ACQUISITION FUND 828,949.72 829,071.26 RESERVE FUND 691,122,30 1,409,216.26 CAPITALIZED INTEREST FUND 938,947.44 821,887.49 FACILITIES FEES 36,831.94 29,520.52 TRK SAD II IMPROVEMENT ACCT 16,370.73 15,458.35 WEST RIVER STREET ASSESSMENT DIST 720,089.91 680,063.74 BUILDING FUND 754,134.28 659,583.14 RESERVE FOR FUTURE METERS 207,672.16 164,034.42 TAHOE DONNER WATER SYSTEM FUND 72,592.61 68,542.27 PREPAID CONNECTION FEES 50,904.71 48,046.26 TELEMETRY ------------ 6,393,994.47 9,850,168.72 35 TOTAL RESTRICTED FUNDS CURRENT ASSETS 00 .00 GENERAL FUNDS 60 .Q0 WEST RIVER STREET ASSESSMENT DIST 149,272.17 86,389.66 ACCOUNTS RECEIVABLE, NET 783,974.99CR 566,669.88CR DUE TO ELECTRIC 107,731.92 81,516.19 MATERIALS AND SUPPLIES 62,681.56 217,054.16 INTEREST INCOME RECEIVABLE 63,321.90 63,082.05 PREPAID EXPENSES ------------ 5,993,027.03 9,731,540.90 3$ ' TOTAL CURRENT ASSETS .00 .00 PRELIMINARY SURVEY COSTS AND OTHER 458,823.93 613,901.60 UNAMORTIZED DEBT DISC AND ISSUE COST ----------- 15,378,670.72 16,184,b76.20 S` TOTAL ASSETS * 3 * TRUCKEE DONNER P.U.D. WATER BALANCE SHEET FOR PERIOD ENDING SEPTEMBER 30, 1992 CURRENT LAST YEAR Y-T-D AMOUNT Y-T-D AMOUNT E Q U I T Y & L I A B I L I T I E S RETAINED EARNINGS 3,598,708.61 3,655,955.85 DEBT WATER SYSTEM IMPROV PROJECT LEASE 10,329,413.87 10,510,000.00 UTILITY TRUCK UNIT 3 50,564.72 57,159.43 TOTAL DEBT 10,379,978.59 10,567,159.03 1 8 CURRENT LIABILITIES ACCOUNTS PAYABLE 516,665.20 1,176,384.53 CONSUMER DEPOSITS 34,046.61 29,526.10 ACCRUED INTEREST PAYABLE 230,664.52 248,632.0$ . DEFERRED STANDBY PEES 00 .00 ACCRUED COMPENSATION & RELATED COSTS 28,126.94 22,025.22 TOTAL CURRENT LIABILITIES 809,508.27 1,476,567.93 45 2 CONSTRUCTION ADVANCES 590,475.25 484,993.39 TOTAL EQUITY AND LIABILITIES 15,378,670.72 16,1$4,676.20 5 U + # TRUCKEE DONNER P.U.D. WATER INCOME STATEMENT FOR PERIOD ENDING SEPTEMBER 30, 1992 CURRENT LAST YEAR Y-T-D AMOUNT Y-T-D AMOUNT OPERATING REVENUE RESIDENTIAL 1,180,604.78 1,014,752.40 COMMERCIAL 267,891.71 207,846.23 INTERDEPARTMENTAL 411.66 411.66 -------------- TOTAL WATER SALES 1,448,908.15 1,223,010.29 HYDRANTS 40,050.38 40,428.61 MISC OPERATING REVENUE 17,858.79 15,$93.26 MISCELLANEOUS RENTS 704.93 947.12 STANDBY REVENUE 169,482.50 10,507.50 TOTAL OPERATING REVENUE 1,677,004.75 1,290,786.7$ OPERATING EXPENSES PUMPING - POWER PURCHASED 367,326.64 446,893.29 DISTRIBUTION OPERATIONS 267,011.82 279,625.79 41 DISTRIBUTION MAINTENANCE 272,501.30 162,355.63 CUSTOMER ACCOUNTING & INFORMATION 72,501.3D 62,355.b3 ADMINSTRATION & GENERAL 301,186.83 296,507,07 INTERDEPARTMENTAL RENT 89,127.00 86,417.28 DEPRECIATION 224,840.97 85,332.60 OTHER OPERATING EXPENSE 17,800.73 153.45 TOTAL OPERATING EXPENSE 1,577,338.39 1,414,643.52 NET OPERATING REVENUE 99,666.36 123,856.74CR OTHER REVENUE (EXPENSE) INTEREST INCOME 278,622.20 389,312.61 INTEREST EXPENSE 539,382.39CR 250,995.43CR EXTRAORDINARY INCOME 5,576.24 28,522.55 NET REVENUE (LOSS) 155,517.59CA 42,982.99 • RESOLUTIO 0. 9239 }F TF E TRUCKEE DON.NER �UBL � UTiL T DIS�rR CT ESTABLISHING AN 'INTERFtlND LOAN POLIC�t WHEREAS, the Truckee Donner Public Utility District's accounting system is maintained in such a way as to separate the financial activities of the Electric Department from the Water Department; and WHEREAS, for some time the Water Department has not had sufficient cash flow to pay all of its monthly operating expenses and has had to borrow money from the Electric Department; and WHEREAS, in February of 1991, the District increased the water rates in order to cover the cash flow requirements of the Water Department and anticipates that it will take some time to make up the accumulated cash flow deficiency in the Water Department; and WHEREAS, the Electric Department has been charging the Water Department interest on the amount owed by the Water Department at the average rate of interest paid by the Local Agency Investment Fund; and WHEREAS, from time to time one department may have short term borrowing needs and the other department may have surplus funds available in either the department general fund or self imposed restricted funds; and WHEREAS, the Board wishes to formalize interfund loan activity by authorizing a procedure for staff to follow in allocating monthly general fund deficit interest charges;and WHEREAS, due to the relationship of the interest rate that the District receives on its investments and what it would have to pay for financing, the Board may from time to time find that it is prudent for one department to borrow from the other or from self imposed restricted funds to meet its financing requirement; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner Public Utility District as follows: 1. At the end of each accounting month, staff is authorized to charge the Water Department interest for its general fund deficits at the average interest rate earned on District investments. 2. From time to time, when there are short term borrowing needs by either department, staff will consider presenting to the Board borrowing alternatives which may include borrowing from the other department or from self-imposed restricted funds that will not be needed immediately. 3. When the Board determines that an interfund loan or an intrafund loan is prudent, the interest rate that will be charged will be the average interest rate earned on District investments. 4. Staff will review this policy on an annual basis and make recommendations for amendment to the Board when necessary. PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on the 2nd day of November 1992 by the following roll call vote: AYES: Corbett, Curran, Maass and Aguera. NOES: None. ABSENT. Sutton. TRUCKEE DONNER PUBLIC UTILITY DISTRICT By �. Joph` . Agues,. resident ATTE , Susan M. Craig, Deputy Dis ict Clerk smc RtLl1TCN N4 9 �4� OF T"NE TRUCKEE DONNER PUBLIC. UTIL T DISTRICT. .. GA THE TlUCKEE RIVER BRaGE PIPELINE EXTENSION PROJECT AND DIRECTING THE FILING OF THE OTICE F .CQIVIPLETION WHEREAS, the Board of Directors of the Truckee Donner Public Utility District made the determination to participate in the State of California, Department of Transportation Truckee River Bridge Project; and WHEREAS, the District's pipeline extension project was awarded to Perata Excavation of Tahoe City, 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 Consulting Engineer, Sauers Engineering, has recommended that the project be accepted by the District; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner Public Utility District as follows: ]. That the District hereby accepts the Truckee River Bridge Pipeline Extension Project. 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 the 2nd day of November 1992 by the following roll call vote: AYE'S: Corbett, Curran, Maass and Aguera. NOES: !None. ABSENT: Sutton. TRUCKEE DO►VNER PUBLIC UTILITY DISTRICT By cy ' Joseph R. Aguera, Pr sident ATTES , Susan M. Craig, Deputy fli ict Clerk smc RECORDING REQUESTED BY: Truckee Donner Public 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 _Nvv 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 the Notice are generally described and identified as follows: TRUCKEE RIVER BRIDGE PIPELINE EXTENSION PROJECT, a project located in Truckee, Nevada County, California. 4. That the name of the contractor for such project was: PERATA EXCAVATION CO., INC., P. 0. Box 1896, Tahoe City, CA 96145. Dated: TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Peter L. Ho meister, General Manager STATE OF CALIFORNIA COUNTY OF NEVADA On .voY - IXY. , before me, personally appeared PETER L. HOLZMEISTER, personally 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 - Clerk/Ex-officio Secretary of the Truckee Donner Public Utility District. Witness and a official al. o rICIAT SEAL SSA I h', C?XG Susan M. Craig, Notary Ral,1 ,t v- N i t l2- y court EouT � � �F THE TRUCKEE...:D.ON�N.ER. .P.U.B�L:IC�.:�UTIL.!T:Y::.:D.I.S.T.:R.I.C.T:..... . �4DOPTING:A POLICY AUTHORIZING THE IrINANCING . . FEES AND/OR LIME EXTENSIONS WHEREAS, the Truckee Donner Public Utility District has a long standing policy whereby the costs of line extensions, connections and projected needs for system improvements that benefit new development are paid for by specific project developers in the form of line extension fees, connection charges and facilities fees; and WHEREAS, the Board of Directors of the Truckee Donner Public Utility District wishes to reaffirm and does hereby reaffirm its commitment to said policy because it spares current customers the expense of supporting new development; and WHEREAS, it is recognized that the District's electric system efficiency is improved for all customers when its overall monthly load factor is improved; and WHEREAS, it is also recognized that the Truckee Donner Public Utility District has as a goal to contribute to the general welfare of the Truckee community and to encourage the creation and retention of jobs in Truckee which helps promote the general welfare; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner Public Utility District as follows: 1. The General Manager of the District is authorized to assist certain commercial and industrial developments that help improve electric system load factor and that are likely to create or retain jobs in the local Truckee area by entering into development agreements that provide for the financing of electric and water line extensions, connection and facilities fees. 2. The financing provided for in Paragraph 1 will be limited to the following conditions: a) The development shall be for commercial or industrial projects that expand or retain employment within the TDPUD area; b) The development is estimated to improve the District electric system monthly and annual load factor; c) The term of financing shall not exceed five (5) years; d) The amount financed shall not be less than $25,000 or greater than $100,000; e) The financing shall bear an interest rate equal to a typical high grade commercial construction loan in the Truckee area and shall comply with any law relating to interest rates charged by a public utility district in California; f) The financing shall be secured by a first lien superior to any other liens or encumbrances evidenced by a policy of title insurance on the project. This paragraph shall be accomplished through the recording of a Deed of Trust and Assignment of Rents. PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on the 2nd day of November 1992 by the following roll call vote: AYES: Corbett, Curran, Maass and Aguera. NOES: None. ABSENT: Sutton. TRUCKEE DONNER PUBLIC UTILITY DISTRICT By ._ Jokf`ph` . Aguera¢ resident ATTEST Susan M. Craig, Deputy Disftlict Clerk smc