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Home My WebLink AboutAgenda -Nor Truckee Donner Public Utility District Post Office Box 309 0 11570 Donner Pass Road 0 Truckee, California 95734 (916)587-3896 General Manager Board of Directors Joseph R.Aguera Peter L. Holzmeister John L.Corbett REGULAR MEETING Richard K.Curran 7:00 P. M. - MONDAY, APRIL 16, 1990 James A. Maass TDPUD BOARD ROOM Patricia S,Sutton A G E N D A 1. Call to order 2 . Roll call 3 . Public input (7:25 P.M. or as soon thereafter as possible) CONSENT AGENDA 4 . Approval of minutes of February 20 and March 5 and 15, 1990 5. Correspondence 6. Award of wire and cable bids 7. Resolution calling for transformer bids 8. Authorization to donate obsolete Word Perfect software to School District UNFINISHED BUSINESS 9. Direction regarding Cable TV committee 0. consideration of an organization chart for the District NEW BUSINESS 11. Acceptance of a proposal for the District's property and liability insurance for 1990-91 12 . Clarification of Resolution No. 8907 13 . Acceptance of 1989 audit prepared by Deloitte Touche 14. Selection of LAFCo special district representative ROUTINE BUSINESS 15. Direction regarding the draft minutes of March 19, 1990 16. Bills for approval 17. Staff reports CLOSED SESSION RETURN TO PUBLIC SESSION ADJOURNMENT Poste and ma 7d ATr�l 13 , 1990 Susan M. Craig, Deputy ' strict Clerk .............. A , COSTOMMARY: PROPOSED PROPERTY AND LIABILITY SURANCE COVERAGE Prepared 4/13/90 for 1990-91 Coverage Year, Updated 4/16/90 M. Chapman Page 1 1989-90 1990-91 Proposed Levels Type of coverage Amount Amount of Covers a Ded 1. Property coverage 20, 981 20,919 10, 680, 556/10,000 ded 2. Earthquake 5, 383 6, 958 3 , 613 , 522/54 ded 3 . EDP Floater 1, 325 1, 500 125,297/250 ded 4 . Communications Equipment Floater 778 778 70, 764/500 ded 5. Crime 1, 500 1, 500 500, 000/no ded 6. Comprehensive General Liability 74 , 333 78,928 2 , 000, 000/no ded 7 . Umbrella Liability 26, 305 27, 932 10, 000, 000/no ded 8. Directors & Officers Liability 12 , 000 13 , 388 5, 000, 000/0-0-35, 000 ded Fiduciary Liability Coverage N/C 700 5, 000, 000/0--0-35, 000 ded 9. Motor Truck Cargo 625 625 12 , 000/25, 000/500 ded 10. Boiler and Machinery 5, 000 5, 000 5, 000, 000/2, 500 ded 11. Automobile 8,200 9 , 530 2 , 000, 000/100 & 500 ded 12 . Mechanics Tools -0- 648 37 , 000/250 ded Subtotal 156,430 168,406 CIGA charge (California Insurance Guarantee Association) -l% of premium 1,564 1, 684 NRECA (Membership required for package coverage) 5,116 5, 504 Total 163,110 174,887 Budget 156,547 175, 000 Over/Under Budget (6,563) (594) LevelOr coverage comparison: � 1989-90 1990-91 Page 2 1. Property Coverage 101381,231 10, 680, 556 Extra Expense 350,000 350, 000 Loss of income 25, 000 25, 000 2 . Earthquake - building & contents 3 , 526, 980 3 , 613 , 522 3 . EDP Floater 107, 231 125,297 Media, extra expense 30, 000 55, 000 4 . Communications Equipment 70, 764 70, 764 Floater 5. Crime 500, 000 500, 000 6. Comprehensive General 2 ,000, 000 2, 000, 000 Liability 7 . Umbrella Liability 2, 000, 000 2 , 000, 000 Excess Liability 8, 000, 000 8,000, 000 8. Directors & Officers 5, 000, 000 5, 000, 000 Fiduciary Liability 5, 000, 000 5,000, 000 9. Motor Truck Cargo 12 , 000/25, 000 12 , 000/25, 000 10. Boiler & Machinery 5, 000, 000 5, 000, 000 11. Automobile 2, 000, 000 2,000, 000 1.2 . Mechanics Tools -0- 37, 000 TRUCKEE DONNER PUBLIC UTILITY DISTRICT BILLS FOR BOARD APPROVAL - APRIL 16, 1990 TOTAL ELECTRIC WATER DESCRIPTION R. W. BECK & ASSOC. ---1,483.36 1,483.36 NEGOTIATIONS WITH SIERRA PACIFIC POWER CO. CASHMAN EQUIPMENT 6,446.53 6,446.53 RE-MANUFACTURED ENGINE FOR UNIT 12 (6353.67) PARTS (92.86) DELOITTE & TOUCHE 11,725.00 8,207.50 3,517.50 ONE HALF OF TOTAL AUDIT FEES AS AGREED IN ENGAGEMENT LETTER DATED 1/8/90 DOUGLAS SYSTEMS INC. 1,041.25 1,041.25 UPGRADE AUTOCAD R9 TO 10 (INSTALLED) HACH COMPANY 1,895.68 1,895.63 SPECTROPHOTOMETER (PORTABLE WATER LAB. 1561.88) STIRRER (138.13), SUPPLIES (195.67) MC DONOUGH, HOLLAND & ALLEN INC. 781.43 781.43 TRUCKEE RIVER ISSUES NCPA 2,006.00 2,006.00 GENERAL DIRECT PARTICIPANT FOR FOURTH QUARTER 1989-1990 SAUERS ENGINEERING INC. 7,677.17 7,677.17 DONNER TRAILS TANK #2 (1933.97), DISTRICT WATER MASTERPLAN (5263.20) , MODEL GATEWAY TANK (480.00) ------------------------------------ 33,056.42 19,184.64 13,871.78 Truckee Donner Public Utility District Post Office Box 309 • 11570 Danner Pass Road • Truckee, California 95734 (916)567-3896 General Manager Board of Directors Peter L. Holzmeister Joseph R.Aguera John L.Corbett Richard K.Curran James A.Maass Patricia S.Sutton MEMORANDUM April 13, 1990 To: Board of Directors From: Peter L. Holzmeister, General Manager Subject: organization Chart T net with the supervisory staff on Monday, April 9 . We talked about the organization chart that I had proposed to the District. Following is a summary of their comments. 1. We should wait until after the consultant is finished with Phase II before adopting a new organization chart. 2 . We should move the planning box up with the engineers and combine them into one box called "Planning and Operations. " 3 . Who will be responsible for arranging for the audit if the Finance Department is eliminated? 4 . The proposed organization chart does not provide for enough communication between various boxes. Bruce Grow presented an alternate proposal, a copy of which is attached. 5. There was a great deal of interest in who would be in the planning box. I discussed the need for technical field people to be in that box. I have spent the week thanking about these comments; some I agree with; others I disagree with. Based on their comments and my reflections, I would like to modify slightly my proposed organization chart. 1. 1 would like to combine both engineers into one box called "Operations and Planning. " 2 . 1 would like to place the planning box on the same level as the other operating boxes. 3 . I would like to add a note at the bottom of the chart which clarifies that the organization chart depicts the formal lines of authority; it does not restrict formal and informal communication between boxes all over the organization. The significant disagreement that I have with some of the supervisory staff is over the timing and adoption of the organization chart. I feel strongly that we need to establish a basic organization chart right now to correct the imbalances in purchasing and warehousing and work order management, and to get a team assembled that our consultant can begin to work with. Attached is a version of the chart as modified. I recommend that the Board adopt it. PLH/smc Attachments j3rur-19;row TRUCKEE DONNED RMLIC UTILITY DISTRICT _ PROPOSED GANIZATION CHART } � BOARD or DLREeToxs AUDITORS DISTRICT .lirlECU"rIYL COUNSEL —--- CiI:NI"RAL MANAGER SLCIZLrARY ti ELECTRICAL ENGINEER C1 VIL ENGINE-ER NNfN T OFFICE MANAGER C I'wrc:,(rasing 1�'arcllousills Lille Crow crew Cuslomcr Service Mctcr .. llookkccping and Idling Reading Daly Processirr Mair icnarrcc services t3ut�piraG 'UG-NtC 1-ES • 0 0 DRAFT #1 4/13/90 TRUCKEE DONNER PUBLIC UTILITY DISTRICT , ` HELIM NARY ORGANIZATION CHART =G3 REVIEW ONLY BOARD OF DIRECTORS AUDITORS 1 COUNSEL EXECUTIVE SECRETARY GENERAL MANAGER PLANNING (OFFICE MANAGER} & OPERATIONS bt CIRfEADING G BOOKKEEPING TECH WATER ELECTRIC PURCHASING CUSTOMER R l & DATA SERVICES OPERATIONS FANNING OPERATIONS SERVICES \PROCESSING AREHOUSING Note: Solid line indicates the formal chain of authority. It is understood that communication across the organization through formal and informal working relationships is productive and encouraged. ft." FOR REVIEW ONLY Water Operations - Dave Ru_ lly Mike Connell Paul Rose Sam Aubrey Art Franco Kathy Neus Mark Harrigan Planning Debi Black Electric Water Maria Martinez Planner Planner Susan Felce Electric Operations -- Ron Reynolds & Pete Silva Dennis Devine Wayne Cummings Manny Lopez Michael McGovern Patrick McQuary Michael Camara Gene Osburn Purchasing and Warehousing - Joe Straub Lenna Hossack PLH/smc PRELIMINARY FOR REVIEW ONLY DRAFT #1 4/13/90 ORGANIZATION CHART LIST OF STAFF General Manager - Peter Holzmeister Auditors -- Deloitte Touche Counsel - John M. Phelps Executive Secretary - Susan Craig office Manager - Mary Chapman Billing and Meter Reading Nancy Waters Lissa Schreiner Joan Price Bev Johnson Jim Charlton Susan Trudeau Peter Markevitch Customer Services Nancy Rablin Karolyn Pullman Bookkeeping and Data Processing - Paul Colburn Kay Pomponio Joan Antonucci Planning and operations Tom Buckhouse Andy Hyde Technical Services Bruce-Grow Michael Pimental Tom Edgman Egbert Mertens zur Barg Truckee Donner Public Utility District Post Office Box 309 • 11570 Donner Pass Road • Truckee, California 95734 (916)587-3896 General manager Board of Directors Peter L. Holxmeister Joseph R.Aguera John L.Corbett Richard K.Curran James A.Maass Patricia S.Sutton MEMORANDUM April 16, 1990 To: Peter L. Holzmeister, General Manager From: Dave Rully, Water Foreman subject: District reorganization I will not be in attendance at tonight' s Board meeting, thus I must express myself in memo form. I had hoped that in our staff meeting this morning your position on the organization chart of District personnel was open to persuasion. It was quite obvious, however, that your mind and course of action was cast in cement before you ever brought the topic up for discussion. You made numerous inferences to our concerns (mine as well as other staff members present in the meeting) being self-seeking and not necessarily for the betterment of the District. T find it interesting that from the appearance of how you are pushing through these changes against the concerns and council of staff members in all levels of this organization, that "self-seeking" aptly describes your own behavior. I have a vested interest in how my department functions economically and practically. I have been instrumental in helping to evolve this department to where it is at present. Certainly my own personal wants and ambitions enter into the picture. How could they not? The eater Department has been a major part of my Life for nearly 15 years. It has yet to be shown to me that my presence here has been a detriment to the organization, or that my motives, knowledge and suggestions have adversely affected its operation. Self-seeking? Peter, in the last 38 months I have watched you alienate yourself from nearly everyone in this agency. You have lost the confidence of the people who are here to work with you. We do not work for you. You give us a Mission Statement, Item No. 7, and then in part deny us the right of self determination. You base your decisions on a rather nebulous report and appear driven to make changes. Why the urgency? Would it not better serve the District to allow staff to communicate with the Reiter consultant in an effort to create an organizational structure that would address our current and future needs, then create and adopt an organizational chart to reflect it? I realize that sometimes managers must make unpopular decisions; however, your present course of action reflects arrogance and tyranny. Needless to say, I am writing this with a considerable degree of emotion -- perhaps not the best way to write a memo of this order, but time does not permit otherwise. DR/smc Truckee Donner Public Utility District Post Office Box 309 11570 Donner Pass Road • Truckee, California 95734 (916) 587-3896 General Manager Board of Directors Peter L.. Holzrneister Joseph R.Aguera John L.Corbett Richard K.Curran ,lames A.Maass Patricia S.Sutton MEMORANDUM April 13, 1990 To: Board of Directors From: Peter L. Holzmeister, General Manager Subject: Manager' s Report 1. Truckee Fire Protection District Board Meeting The TDPUD Board had, some weeks ago, authorized me and Andy Hyde to attend a Fire District Board meeting to discuss matters of mutual concern. Andy and I net with them on April 10 and provided answers to the questions on the attached letter. It was a very productive meeting in my opinion. We came to a good understanding of TDPUD policies and practices relating to fire flow water, development agreements, facility fees and master planning. The Fire District has one concern that I need to snare with the TDPUD Board. They do not want to "take the heat" for our fire flow fees. As it is working today, developers are complaining to the Fire District that the PUD fees are high and it is all their fault. I conveyed to the Fire Board the idea that the fire flora portion of our fees is for their benefit, and they should be willing to share the heat; that our Districts should approach developers supporting each other. They seemed to agree with that. I will now work with the Fire District staff to develop a good working relationship. 2 . Non-profit Financing Corporation The TDPUD Non-profit Financing corporation Board of Directors held their annual meeting on April 9, 1990. They accepted the resignation of Thomas Archer, accepted the appointment of Harry Smith, elected Bob Jones as President, Harry Smith as Vice President, and Marilyn Dedmon as Secretary/Treasurer. That is all the business that this Board is required to consider. 3. Rate comparison Attached is a table showing electric rates for several California utilities. As you can see, the public power agencies ' rates are all lower than the investor-owned rates. Our rates are the Lowest on the chart. 4 . Exchange of real estate between District and Embrey and Ruth Cross Breeze and Ruth Cross are interested in pursuing a land swap with TDPUD. They would consider giving us their parcel adjacent to the District headquarters building in exchange for a small parcel we own on East River Street. However, there is a hitch. To make the East River Street parcel buildable, they need to acquire the adjacent parcel owned by Sierra Pacific Power Company. We are talking to SPPCo to determine if they will agree to sell their parcel. . The attached map shows the location of our parcel and the SPPCo parcel . PLH/smc Attachments a/n Truckee Fire Protection District of Nevada County Past Office Box 686 Truckee, California 95734 RECD March 27 , 1990 f Peter Holtzmeister, Manager Truckee Donner PUD P.O. Box 309 Truckee, CA 95734 Dear Mr. Holtzmeister, I would lake to thank you for your prompt response to our request for your attendance at the Fire District Board meeting on April. 10, 1990. We would like to discuss the following items with yourself and your engineer, Andy Hyde; 1 . Reduction in storage capacity in the W. River Street, Deerfield, Gateway, and Meadow Park areas . Fire District engineer's report dated February, 1981 stated that fire flow was available at 2500 GPM for a duration exceeding twelve ( 12) hours for the Crossroads development . Would like the present fire flow duration at this time. 2 . Clarify the position of the PUD in the development agreement with Baywest Properties on W. River Street concerning fire flows . Reference letter of "Notice of Fee Due and Performance Owing" dated January 31, 1990 . 3 . Would like to discuss your storage development plan, to include time table. 4 . Feasibility of using northside 400, 000 gallon storage for fire flow during storage development construction. Truckee Donner PUD March 27, 199€3 Page Two . Define PUD facility fees as related to Fire District . required fire flow. If you should have any questions, please contact me at 587-4312 . Sincer ly, Robert A. Tilton, Chairman Board of Directors Truckee Fire Protection District JCO/jw AVERAGE RESIDENTIAL ELECTRICITY RATES BY UTILITY JULY AND AUGUST (Customer cost per kWh in cents) July August 1987 1988 1989 1987 1988 1989 PG&E 7 . 9 9 . 1 10. 0 8 . 0 9 . 2 10. 0 SMUD 8 . 3 8 . 5 8 . 8 8 . 3 8. 5 8 . 8 SCE 8. 0 9 . 0 10. 11 8 . 1 9 . 2 10 . 6 LADWP 7 . 2 7 .8 8. 6 7 . 3 7 . 8 8 . 6 SDG&E 11. 3 11. 0 10. 1 11.4 11. 1 10. 2 Statewide 8 . 2 9 . 1 9 . 8 8. 3 9 . 2 10. 0 TDPUD 7 .7 8 . 0 7 .9 7 . 7 8 . 0 7 . 7 Source: Energy Watch, California Energy Commission September/October, 1989 sync 4/12/90 M Y2 1YVIf %q 1YYI( 74 SEC. Or 1T� R 1GE, 'M A 8. a M. Tax bra 77-� 7T-027 i �� •) , It t1 yF 1r.��I C IS .�^�.027 y i t r y y „ «r�• y 31 t�% i y 1y `i ty 34113;ST y1 tt �y � t ..•-'� /�� s�51%% `% �y �y "✓r' F�t-�.11 ff 1 1 I 1ty t , , i ` Pkar� t �1 r 4b 1 's ISO t�1s=`ts ► )01 �y — ( Nt Rd.) RENO AVE. 1 ! 1 1 � ?� �Qa J»>•�'`•1 t s41 k7 is 10 14 28 ►1 11t Oy 1 +1 i 1, J✓� 1 r e r f B ' 1 i 1 ' i VS 1 'Y ►y ✓` s r IC lfEtytRY f Prl.Rd.3 AVENUE �� tr 1 2 �• U J i ' '�'�' ' r r E E q E f "T 1 E 1 t t t 3 '1 1R ` '�✓ 4 J, z I U) tr;M: 131 it: L3:u.ftrpl �fdrTeilStl1Jtt' 1 � t9 AVENUE M1131N;t3.f2�it:A01, v a� Tr� 'S '; r3.12 =� ' r ' t r r . 1 ! i t r 1 ! t t C1 3 ' F(�.y��.,}{ 1! • ' , r ' r 1 , 1 !T.Is a r N 13 JI r!< , 70 f / T t 6 S 3 r 2 1 f W : f . 1 . f 1 1 i V ; ! . 1 f . f 1 ! �\..\4.....//// � r r 1 r 1 1 ' �.r►''" 6. FRIEND Prf. Rd.) AVENUE pixt 6 .21 Assessors MOP 13ki9- PQ. 1Ei MOOUYS EXTENSION ROLL 13 County of Nevodo, Cofif. Tfd[tCKEE RIVER CAMP(THE UNM ICE COWNr TRACT) ROLL 6 P�. 21 MTr-Ano%PW* Clock Mm*ws snot.n kr �)))tx>Ms 1962 �»,.es t•Id:v Asstsseri forces /MEr+*" sho"n in ckti" ilj-ii w'.isc 19-160-34 ��,_ Truckee Donner Public Utility District Post Office Box 309 11570 Donner Pass load Truckee. C iifo;nla 9573 (916) 587-3896 April. 12, 1990 MEMORANDUM TO Peter L. Holzmeister, General Manager FROM. Paul H. Colburn, Finance Supervisor SUBJECT: Investment report As of March 31, 1990, the District had the following investment comprised of the funds as detailed. INVESTMENTS FIELD AMOUNT LOCAL AGENCY INVESTMENT FUND 8.538% 4,181,000.00 ELECTIC .FUNDS REA RESERVE * 19,000.00 GENERAL FUND 1,271,184.29 FACILITIES FEES * 587,723.13 STORM DAMAGE FUND * 182,097.09 BUILDING FUND * 521,614.71 --------------- TOTAL ELECTRIC INVESTMENTS 2,581,619.22 WATER FUNDS FACILITIES FEES * 554,476.81 BUILDING FUND * 304,147.75 RESERVE FOR FUTURE METERS * 526,443.19 TAHOE DONNER WATER SYSTEM FUND* 99,255.68 WEST RIVER ST. ASSESSMENT DISTRICT BOND REDEMPTION FUND * 9,715.07 PREPAID CONNECTION FEES * 62,819.92 TELEMETRY RESERVE * 42,522.36 --------------- TOTAL WATER INVESTMENTS 1,599,380.78 --------------- TOTAL DISTRICT INVESTMENTS 4,181,000.00 * RESTRICTED FOR SPECIFIC USE PER BOARD RESOLUTIONS TRUCKEE DONNER PUBLIC UTILITY DISTRICT STATEMENT OF GENERAL FUND March 31, 1990 BALANCE IN GENERAL FUND 02/28/90 1,098,468.48 RECEIPTS ELECTRIC REVENUE 780,643.89 WATER REVENUE 122,332.96 STANDBY ELECTRIC 1,977.78 STANDBY WATER 888.57 WORK. ORDER ELECTRIC 7,293.78 WORK ORDERS WATER 298.46 MISC. BILLING REVENUE ELECTRIC 1,185.00 MISC. BILLING REVENUE WATER 116.41 CONSUMER DEPOSITS, ELECTRIC 5,492.42 CONSUMER DEPOSITS, WATER 1,250.00 CUSTOMER ADVANCES-OTHER ELECTRIC 6,581.08 CUSTOMER ADVANCES-OTHER WATER 2,750.00 MISC. REVENUE ELECTRIC 151.45 MISC. REVENUE WATER 151.98 TRANSFER FROM ELECTRIC RESTRICTED FUND 108,020.77 BUILDING INVESTMENT FUND M090-52 TRANSFER FROM WATER RESTRICTED FUND 46,294.62 BUILDING INVESTMENT FUND M090-52 COBRA MEDICAL INSURANCE PAYMENT 1,295.52 --------------- TOTAL RECEIPTS 1,086,724.69 DISBURSEMENTS ACCOUNTS PAYABLE DISBURSEMENTS 840,502.45 TRANSFER TO WATER RESTRICTED FUNDS 17,000.00 TAHOE DONNER WATER SYSTEM M090--53 --------------- TOTAL DISBURSEMENTS 857,502.45 BALANCE IN GENERAL FUND 03/31/90 1,327,690.72 TRUCKEE DONNER P,U, . ELECTRIC INCOME STATEMENT FOR PERIOD ENDING MARCH 31, IQ 90 CURRENT CURRENT LAST YEAR ONTE AMOUNT Y—T—D AMOUNT Y—T—D AMOUNT 1 OPERATING REVENUE RESIDENTIAL 371, 93.10 601,9i0,2? 823,029,22 CGNUERCi L 196,514.05 615,454,97 540,505R22 LANCE COMMERCIAL 43,031.02 129,836.?S 315,615.64 PUBLIC STREET AND HIGHWAY LIGHTIN .00 s0 .00 SALES TO PUBLIC AUTHORITIES 7,9 0,95 24,013,41 26,353,81 FUEL CHARGE 54,064a15 153,282.47 214,320,47 INTERDEPARTMENTAL 29,932,07 97,052,39 TOTAL ENERGY SAGES 703,415.34 1 ,821,550.26 2,007,655,92 MISC OPERATING REVENUE 7,410,09 27,306,90 20,926,6 ISCELL NEOUS RENTS 2,921,94 6,654.40 7,245a69 STANDBY REVENUE .00 .00 .00 !NTERDEPARTMENTAL RENT 4,667.00 14,001.00 16,OOt1,00 TOTAL OPERATING REVERIE 713,414.37: 1, 71,542.56 2,053, i�i.22 OPERATING EXPENSES RC ASEU POWER 439,372,33 1,547,4 8,79 1,648,319.93 DISTRIBUTION OPERATIONS 25,640.05 83,546,50 78 532.65 DISTRIBUTION MAINTENANCE 11,600,50 30,1 4,78 33,155.64 CUSTOMER ACCOUNTING & INFORMATION 2S,275,03 6 ,177.97 70,191.18 ADMINISTRATION GENERAL 33,138.25 187,684,17 191,63 ,61. DEPRECIATION 27,300.00 81,900.00 82,660.11 OTHER OPERATING EXPENSES 22,303,07 60,849,12 50,555.56 TOTAL OPERATING EXPENSES 582,630.03 ,059P 41,33 2,155,076,88 NET OPERATING REVENUE 135,764a34 188,328.?7C 102,24 ,66C OTHER REVENUE (EXPENSE) INTEREST INCOME 17,384.82 52,797.b2 50,171.02 INTEREST EXPENSE 20,067.53CR 61,222.90CR 62,2I3,19CR OTHER '00 .00 '00 ?LET REVENUE (LOSS) 133,103.63 196,754.05CR 113,290.83CR TRUC EE DO i ER P.U.L€, ELECTRIC BALANCE SHEET. • FOR PERIOD ENDING ARCS 31, 1990 CURRENT LAST YEAR —T—a AMOUNT Y— ..0 N UN A S S E T S UTILITY PLAN 1,914,550.37 7g6 7,792. 9 RESTRICTED ED FUNS ADMINISTRATIVE BUILDING LEASE FUNDS 279,318.17 279,669.16 EMPLOYEE BEEEPRED CORPENSA ION—IC A 163,662.!S 79,123,30 RSA RESERVE FUND19,4Q, 0 19, OO,CC FACILITIES FEES 587,723,13 51-9,847.06 STORM FUND182,097.09 1a7,1 3.15 BUILDING NU 521,614.72 748, 82,58 TOTAL RESTRICTED FUNDS 1.753,41.5.25 1.923,055,2E 3,6 CURRENT ASSETS GENERAL FUNDS 1,327,690,?2 ?29,690=07 ACCOUNTS RECEIVABLE, NET 555.509. 7 583,201.32 DUE FROM WATER 52,7 3. E 36,000.00 MATERIALS AND SUPPLIES230,3 7eS5 241,39Oa3 INTEREST INTONE RECEIVABLE 12,365,90 44,1 9.25 PREPAID EXPENSES AND OTHER 35,227.61 20,164.1.3 TO AL CURRENT ASSETS 2,313,865,01 1,654,591, 3 35.9� UNAMORTIZED DEBT DISC AND ISSUE COSTS 172,545.00 PRELIMINARY SURVEY COSTS AND OTHER 3,055,69 5,175.87 QTAL ASSETS 12,1.57,451,32 11,47O,973.11 �=O� TRUC EE DONNE R P.U,D. ELECTRIC BALANCE SHEET • FOR PERIOD ENDING MARCH 31, 1990 CURRENT LAST YEAR Y-T_D AMOUNT Y-T-D AMOUNT E Q U i y L I A R I L ? T 1 E 5 -------------------------------------- RETAINED EARNING5 7,333.463.B1 6,605,074,15 DEBT ADMINISTRATIVE OFFICE BUILDING LEASE 2,895,000.90 28950,000.00 REA 138,573,52 159,573.52 TRUCKEE RIVER BhNX TRUCK LORN ,00 .00 IDAHO FIRST - IBM COMPUTER LEASE 27.4W89 108,381.92 DE PT. OF ENERGY s00 37,4 9.92 TOTAL DEBT 3,111,01 ,41 3,254,4Q .36 4=4 CURRENT LIABILITIES ACCOUNTS PAYABLE 1,049,267,0 1,178,485,27 CONSUMER DEPOSITS 225,449,71 229,1 6.15 ACCRUED INTEREST PAYABLE 38,7a,30 39,283.03 ® DEFERRED STANDBY FEES 26,38 .00 27,185.60 ACCRUED COMPENSATION RELATED COSTS 61,132.06 70,4 1.9U TOTAL CURRENT LIABILITIES 1,400,922,13 1,494,621.30 6,3 CON `PRUCTION ADVANCES 148,364,82 37,749.00 EMPLOYEE DEFERR ➢ COMPENSATION ICNA 163,662,15 7 ,1Z3.30 TOTAL EQUITY AND LIABILITIES 12,1.57,451 .32 11,470,973.11 �,0+ TRUCKEE DONiER P,U.D. WATER INCOME STATEMENT FOR PERIOD ENDING MARCF 31, 1390 CURRENT CURRENT LAST YEAR ONTH AMOUNT Y_T-D AMOUNT Y-T-S A OUNT OPERATING REVENUE RESIDENTIAL 87,764,?7 194,739.68 194,666.81 CO K RCIAL iz 014, 2 36,596,65 33,080,2E SALES TO PUBLIC AUTHORITIES 00 '00 flC INTERDEPARTMENTAL 45,74 137,22 137.22 -------------- TO`IAL WATER SALES 99,825.03 c.31,473.55 227,884.31 HYDRANTS 4,203,28 12,558.66 12,454,91 ISC OPERATING REVENUE 1,060.53 2,540,99 1,923.88 MISCELLANEOUS RENTS .00 ,40 200.00 STANDBY REVENUE 40 a69 1,075.20 I,080,00 TOTAL OPERATING REVENUE 1G'5,49 .53 247,6 8,40 243,31,43.10 OPERATIONS SOURCE OF SUPPLY 1,096.28 2,696,18 ,491.54 PUMPING 2,553.34 7,788,51 8,418,03 PUMPING POWER PURCHASED 32,211.41 103,747-22 92,818,69 AMATERTREATLT 9;453,I5 22,92?,42 30,07i,24 4 yySMI SION DISTRIBUTION p TRIBU ION 5,541,21 16,467.83 18048.99 TOTAL OPERATIONS EXPENSE 50,853,39 153,627,16 135,448,49 MAINTENANCE EXPENSES SOURCE OF SUPPLY 239.82 1,326.27 336,7 PU PING 7,077.86 7,048.34 11,226,21 WATER TREATMENT 499,06 2,050.32 2,366.86 TRANSMISSION & DISTRIBUTION 12,407.31 37,183.87 45,799.87 TOTAL MAINTENANCE EXPENSES 15, 24.05 47,608,80 59;729.69 CUSTOMER ACCOUNTING INFORMATION 6,199,36 18,9?9,64 13,896.69 A NIN15T ATION t GENERAL 24,268.2 . 72,703.04 62,286.59 INTERDEPARTMENTAL RENT 4,667.00 1 ,001.00 16,004,0 DEPRECIATION 6,900.00 26,700.00 27,?52.03 OTHER OPERATING EXPENSE 3,14 .34 7,890.03 8,777,12 TOTAL OPERATING EXPENSE 113,261,35 341,509.72 325,890.5 NET OPERATING REVENUE 7,762,82CR 93,861.32CR 82,747.49CR OTHER EE'NUE (EXPENSE) INTEREST INCOME 11,50 .00 34,293,3 39,G29,1i TERE"ST EXPENSE 237.89CR 713.47C'R 7,25,3�CR ER D0 .00 00 AIN ON BOND REPURCHASE s00 .00 231,660,47 -------------- NET REVENUE (LOSS) 3,499,29 60,281,49CR 7 0,?56,71 TRtC EE DCNdER P.U.D . WATER BALANCE SHEET FOR PERIOD ENDING MARCH 31, 1994 CURRENT LAST YEAR —T—U AMOUNT Y—T—D AMOUNT _ _ _E—T UTILITY PLANT 1, 55,B5a75 1,6;7,5I7.37 RESTRICTED FUNDS EMPLOYEE DEFERRED COMPE SATI -°IC A 19,7 0,82 F F(A RESERVE FUND 7t-1 m D F HA RESERVE FUND 79. 1 .QU .06 FACILITIES FEES 554,476.81 5 5,869.59 WEST RIVER STREET ASSESSMENT DIST 9,715a 7 8,994,66 BUILDING FEND 304'147.75 36�,FS23e2C RESERVE FOR FUTURE METERS 526,443,19 466,662,73 TAHOE DONNER WATER SYSTEM FUND 99,255. 8 53, 05,29 PREPAID CONNECTION PEES 62,819,92 64,675,08 TELEMETRY 42,522.36 20,425,44 TOTAL RESTRICTED FUNDS 1,599,38 .7P 1,S2I,337.11 5. � CURRENT ASSETS GENERAL FUNDS CD 135,S4 WEST RIVER STREET ASSESSMENT DIST 14835 .6$ 5,1wD1 ACCOUNTS RECEIVABLE, NET 5?,664.60 143, 73.30 MATERIALS jFRCM�*E7L�ggEyyggC�� RaggIC'jg`gyg+ 74.044.25 S§92,�7g83.4�6C E36,00D,OOCR ATERIAL AND SUPPLIES 4.04 .25 9 ,696, 0 INTEREST INCOME RECEIVABLE 69,234.10 39,151.23 PREPAID EXPENSES 15,483-60 5,843,61 TOTAL CURRENT ASSETS 178,902.2? 346,286.79 w 6 ETHER .00 UC TOTAL ASSETS 3,533,2 .7D 3,524,941.27 3,1+ TRLC EE DONNER Pe , , WATER BALANCE SHEET FOR PERIOD ENDING MARCH 31, 1990 CURRENT LAST YEAR Y-T-0 A 01NT Y—T—D AMOUNT E U I T Y L 1 A B I L 1 T I E3 -------------------------------------- RETAINED EARNINGS 3,408,274,86 3,358,231,08 DEBT F HA 77-1 BONDS '00 .00 FMH 79-1 BONDS .00 .00 EACEIIOE LEASE 14'-3m 7 27,699,58 TOTAL DEBT 14,318.07 27,699,58 48x3 CURRENT LIABILITIES ACCOUNTS PAYABLE 48,957,31 34,849,77 CONSUMER DEPOSITS 37,479,97 33,931.00 ACCRUED INTEREST PAYABLE 668,08 DEFERRED STANDBY FEES 12,057.50 12,360.50 ACCRUED COMPENSATION RELATED COSTS 15,455,44 15,217.09 m w TOTAL CURRENT LIABILITIES 114,64 e30 97,57m 2 17,5+ CONSTRUCTION ADVANCES 95,967.47 21, 51.9? EMPLOYEE DEFERRED COMPENSATION IC A .00 19,780,82 TOTAL EQUITY AND LIABILITIES 3,633,206,10 3,524,941.27 3 1+ RESOLUTION NO. 9009 OF THE TRUCKEE DONNER PUBLIC UTILITY DISTRICT APPROVING SPECIFICATIONS AND CALLING FOR BIDS ON DISTRIBUTION TRANSFORMERS WHEREAS, the Board of Directors of the Truckee Donner Public Utility District has determined the need to purchase distribution transformers to relieve overloaded transformers, and for normal District stock; and WHEREAS, $45, 300 has been set aside in the 1990 preliminary budget for the purchase of distribution transformers; NOW, THEREFORE, BE IT RESOLVED that the Board of Directors of the Truckee Donner Public Utility District does hereby authorize the President to issue a call for bids based on the District's standard specifications for distribution transformers, and that the date and time established for the bid opening is Wednesday, May 16, 1990 at 2 : 00 P.M. PASSED AND ADOPTED by the Board of Directors of the Truckee Donner Public Utility District at a regular meeting thereof duly called and held in the District on the 16th day of April 1990 by the following roll call vote: AYES: Aguera, Corbett, Curran, Sutton and Maass. NOES: None. ABSENT: None. TRUCKEE DONNER PUBLIC UTILITY DISTRICT B E % r q,4mes A. Maass, President ATTEST• Susan M. Craig, Deputy6bistrict Clerk smc RESOLUTION NO. 9010 OF THE TRUCKEE DONNER PUBLIC UTILITY DISTRICT CLARIFYING RESOLUTION NO. 8907 REGARDING THE PURCHASE OF FARMERS HOME ADMINISTRATION LOANS BY MEANS OF AN INTERNAL LOAN WHEREAS, on March 20, 1989 the Board of Directors of the Truckee Donner Public Utility District adapted Resolution No. 8907 authorizing the purchase of Farmers Home Administration loans by means of an internal loan; and WHEREAS, the loan terms were vague and poorly worded resulting in some confusion, NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner Public Utility District as follows: That clause No. 1 and No. 2 from Resolution No. 8907, a copy of which is attached hereto for reference, remain unchanged. That clause No. 3 be amended to read as follows: (3) The District shall fund the purchase by use of the 1977 Promissory Note and 1980-1 Water Revenue Bond reserve funds and 0 through an internal loan against the Tahoe Donner Upgrade Fund. The internal loan shall accrue interest at the rate of the average effective yield paid by the Local Agency Investment Fund during the previous six months. The loan shall be repaid by semi-annual payment of $17, 000, to include principal and interest, on March 1 and September 1 of each year. The loan must be paid in full by March 1, 2002 . PASSED AND ADOPTED at a regular meeting of the Board of Directors of the Truckee Donner Public Utility District duly called and held in said District on the 16th day of April 1990 by the following roll call vote: AYES: Aguera, Corbett, Curran, Sutton and Maass. NOES: None. ABSENT: None. TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Jamles A. Maass, President ATTEST -Z usan M. Craig, Deputy- istrict clerk smc RESOLUTION NO. 8907 OF THE TRUCKEE DONNER PUBLIC UTILITY DISTRICT AUTHORIZING PURCHASE OF FARMERS HOME ADMINISTRATION LOANS BY MEANS OF AN INTERNAL LOAN WHEREAS, the Truckee Donner Public Utility District has two outstanding loans from the Farmers Home Administration, the 1977 Promissory Note which has a present balance of $227 ,760. 89 and the 1980-1 Water Revenue Bond, which has an outstanding balance of $290, 000; and WHEREAS, the Farmers Home Administration is offering a discount purchase program which will allow the District to purchase the , loans at a substantial discount; and WHEREAS, the District has determined that purchasing these loans would be economically beneficial to the District; and WHEREAS, if funds on hand accumulated through operations are used to purchase these loans, the District will realize a larger discount than if the loans are purchased through tax-exempt borrowing; and WHEREAS, an economical source of tax-exempt funds has not been found; and WHEREAS, the 1977 Promissory Note Reserve Fund, in the approximate amount of $10, 360, and the 1980-1 Water Revenue Bond Reserve Fund, in the approximate amount of $11, 580, are available for use toward the purchase of these loans; and WHEREAS, the District has funds on hand, known as the "Dart Funds, " which were accumulated for the purpose of funding capital improvements to the water distribution system serving the Tahoe Donner Subdivision of Truckee; and WHEREAS, the District has determined that an adequate water source currently exists for the Tahoe Donner Subdivision, and that the capital improvement that will need to be undertaken with the "Dart Funds, " a pump station upgrade, will not be required for approximately thirteen years, and as a result, the "Dart Funds" are available for an internal loan for that period of time; and WHEREAS, the "Dart Funds" are currently invested by the District in the Local Agency Investment Fund; and _s WHEREAS, the District has, pursuant to the Board's approval, made a good Faith deposit of $25, 888 . 04 with the Farmers Home Administration, to be applied to the purchase price of the loans; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner Public Utility District as Follows: (1) The "Dart Funds, " in the approximate amount of $318 , 000 and all interest earned on such funds, shall hereafter be termed the "Tahoe Donner water system fund," and (2) The District shall purchase the loans referred to above, using an approximate discount rate of 11%, with a closing date as agreed upon by the District and the Farmers Home Administration, but in any event, no later than May 9, 1989; (3) The District shall fund the purchase by use of the 1977 Promissory Note and 1980 .1 Water Revenue Bond reserve funds and through an internal loan against the Tahoe Donner Upgrade Fund, shall pay interest into such fund at the average effective yield paid by the Local Agency Investment Fund during the previous six months, and will repay principal from such fund in semi--annual installments of $17, 000 on March 1 and September 1 of each year, with all principal and interest due and payable thirteen years from the date of the closing of such loan purchase. PASSED AND ADOPTED at a regular meeting of the Board of Directors of the Truckee Donner Public Utility District duly called and held in said District on the 20th day of March, 1989 by the following roll call vote: AYES: Aguera, Corbett, Sutton, White and Maass. NOES: None. ABSENT: None. TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Ja6bs A. Maass, President ATTEST: Susan M. Craig, YDeputX// istrict Clerk smc