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HomeMy WebLinkAboutGeneral Fund TRUCKEE-DONNER PUBLIC UTILITY DISTRICT STATEMENT OF GENERAL FUND - December 9, 1980 Bank Balance - November 26, 1980 $ 101 ,528.30 Truckee Electric & Water Revenue 115,431 .91 Donner Lake Electric Revenue 22,668.00 Electric Connection Fees 2,950.00 Water Connection Fees 560.00 Standby Revenue 122.50 Transfer from LAIF 146,000.00 Miscellaneous Billings Revenue 4,666.71 Miscellaneous Revenue (Pole purchase, office copies, 751 .40 miscellaneous rents, scrap wire sale) Interest Income 5.94 $ 394,684.76 Approved Billings $ 246,957.80 Less unapproved billings: Cook Associates (156.00) Sierra Sun (224.25) Public Employees Retirement (46.41 ) Less error in listing: Record Supply Company (480.10) 246,051 .04 Bank of America - Federal witholding tax 3,137.28 deposit - LAIF deposit 37,000.00 40,137.28 Employment Development Department - State 1 ,218.95 personal tax & SDI withheld for November, 1980 Petty Cash - to replenish petty cash 130.99 Refunds: Credit balance on closed accounts Gordon Bailey 17.67 Ron Lowder 25.48 Jerry Roeder 132.08 John Russo 40.37 215.60 Refunds: Line extensions Leonard Gallagher 16.70 Donald Green 6.64 Doug Harp 25.38 Ralph Herndon 29_77 Jensen-Lindbloom 5.41 George Mainka 25.38 Richard Matson 29.77 James Mello 10.79 David Pugh 6.64 Richard Racich 16.20 David Stauffer 25.38 Alice Stubblefield 5.41 Sunwood Construction 240.50 Bruce Turner 16.72 Burt Vader 5.40 466.09 C. W. Roen Construction Company - payment on 5,442.12 reconstruction of Southtide Well #2, estimate #3 Social Security Division - Social Security tax 4,613.74 deposit for the month of October, 1980 Joe Suter Construction Company - progress payment 3,344.99 on altitude valve installation, Tahoe-Donner TDPUD - Interest on consumer deposits 7.19 U S Postmaster, postage stamps 75.00 (301 ,702.99' PAYROLL 11/30/80 OT DT Standby Gross Net Black 81 .78 663.38 502.63 Chapman 857.83 654.97 Connell 728.80 526.31 Craig 119.21 780.97 532.97 Grow 274.12 1217.32 822.39 Hossack 611 .20 459.07 PAYROLL (Continued) 11/30/80 OT DT Standby Gross Net Johnson 93.24 714.84 517.36 Jones 87.24 668.84 458.06 Lopez 8.04 779.88 558.66 Lyson 553.60 409.61 Manetta 553.60 409.60 Marsh 186.47 828.07 601 .62 Mertens 621 .60 503.32 Norton 16.08 873.68 635.47 Pomponio 707.20 512.37 Reynolds 76.01 78.82 135.12 1303.35 806.58 Rully 64.32 257.28 1179.20 768.84 Schreiner 502.40 369.22 Silva 8.84 952.04 731 .54 Slattery 882.34 631 .83 Straub 16.08 128.64 1002.32 692.11 Tamietti 57.90 829.90 656.08 Waltrip 99.72 764.52 549.44 1189.05 336. 10 263.76 18576.88 13304.05 Temporary & Part-Time Employees Chavez 163.85 135.67 Hunt 56.35 52.34 Pimental 398.66 308.10 Watters 56.35 52.34 1 8 3 1189.05 336.10 263.76 19252.09 13862.50 $ (13,862 50) Bank Balance - December 9, 1980 $ 79,119.27 Bills for Board Approval : Sierra Pacific Power Company - Semi-annual $ 9,213.00 billing for acquisition of Donner Lake electrical facilities Sierra Sun -• (1 ) Sale by Tahoe Donner Public $ 28.00 Utility District, (Printed 7/24/80) (Because of error in printing, they adjusted original billing of $42.00 to $28.00 (2) Notice of Public Hearing, 10/6/80 to establish fees 36.75 for unauthorized use of water & electricity (Printed 10/2/80) (3) Notice of Public Hearing, 23.33 October 20, 1980 re Ord. 7401 (Printed 10/16/80) (4) Ord. 8006 - establishing fees 23.34 for illegal diversion of electricity Ord. 8005 - establishing fees 23.33 for unauthorized use of water (Printed 10/16/80) (5) Public Notice re misdemeanor to 36.75 place signs on power poles (Printed 10/23/80) (6) Notice of Public Hearing, 36.75 November 3, 1980 re West River Street Line Extension (Printed October 30, 1980) (7) Ord. 8007 re director's compen- 16.00 224.25 sation (Printed November 6, 1980) TRUCKEE-DONNER PUBLIC UTILITY DISTRICT PAGE TWO STATEMENT OF GENERAL FUND - December 9, 1980 Bills for Board Approval : (Continued) U S Department of Agriculture, Forest 10.00 Service - special use permit for water transmission 1/1/81 - 12/31/81 Phil Willard Enterprises, janitorial 177.00 (9,624.25) service, 11/80 Bank Balance after payment of above $ 69,495.02 General Fund Balance in LAIF and Public Time Deposit is $239,020.14. r- TRUCKEE-DONNER PUBLIC UTILITY DISTRICT POST OFFICE BOX 309 TRUCKEE, CALIFORNIA 95734 C�:i r^'l�:3 •- _ TELEPHONE 587 3896 RECEMED �� November 26, 1980 ElC1is¢r6E 3 Counsel NOV 2 6 1980 MEMORANDUM ❑ su'' ,t. / F'oreztsan �- F.�:arlager TRUCKEE DONNER P.U.D. Ry Lyell Cash, Ir}terim Manager FROM: Mary Chapman, Office Manager �e SUBJECT: West River Street Assessment Distr Call of Bonds 'I received a call from the Nevada County Bond Department that three assessments in the WRSAp, had paid off. The principal portions of these payments are enough for us to issue a Call of Bonds for two $5,000 bonds. I spoke with Sam Sperry of Sturgess, Ness, Brunsell and Sperry regarding the procedure that the District is to take in order to call these bonds. Sam told me that the process is rather complicated and it is very important that it be .performed in .the proper way on a timely manner. :Sam said that his office offers a service to handle a Call of Bonds. The costs to us for this service are $25.00_ per thousand with a minimum of $50.00 and a maximum of $300.00. This cost is passed on to the property owner who paid off the assessment. In addition, the property owner pays a 5% redemption fee which is paid to the -bond holder because his bonds were called before maturity. The two dates that a Call of Bonds can be issued are January 2 and July 2 of each year. Since the procedure must start four months prior to each of these . dates, it is- too late to participate in the January 2 Call of Bonds. If we decide to have Sam Sperry's office handle the procedure for us, they will begin by mailing us a letter in March, 1981 asking us if any assessments have been paid in full. Since we will be receiving a check from Nevada County very soon, I request that the Board take the following action: 1. Set up a restricted fund labelled "WRSAD Bond Redemption Fund" in which all prepayments of principal and interest will be held until refunded. 2. Authorize Sturgis, Ness, Brunsell and Sperry to handle the Call of Bonds procedure. If this is done, I would like to get a letter off to them immediately. If you have any further questions or need further information, let me know. MC/lal • v i�111�wrrrl� S Yt +�' Y. .. !i�'N"h •"SFr" �': c ..4 EXHIBIT "D" T0.THE AGREEMENT;BETWEEN TRUCKEE DONN �IIC UTILITX DISTRICT AND v r� FHK'I� C6IMPANY LUCKY STORES, INC PPS DRUG INC. B RESPECTING TRUCKEE CROSSROADS `� �" ' :y . 4 EXFIIIT nN � GES" It is the intent of this Exhibit to place k NYC .A c , application the "Rule No. 15, Main Extensi I�� � �`Dained in the proposed Truckee Donner Public,,, Tariff Sheet 36 as submitted and cont'- AnalysisWater aeD �s V 9 4Y Report,, port of October 1976 and t Th fi R� � isi a beneciar�� e �� f �t ���.: �' +�,' � " 'L 'Say.• ' �,,. " PRORATION OF REPAYMENT RESULTING FROM LEVIES & CHARGES EXHIBIT 'D" COLLECTED IN ACCORDANCE WITH THE TRUCKEE CROSSROADS DEVELOPER AGREEMENT WEST RIVER STREET POLICY & LINE EXTENSION; RULE 15 WEST RIVER STREET ASSESSMENT DISTRICT AND LINE EXTENSION POLICY IMPACTS West River Street Assessment Percentage of Amount September 6, 1980 Parcel Number Collected Paid to Parcel 1 2.487. 1. Cost of W.R.S.A.D. per Proceedings $108,061.95 2 0.94 3 2. Cost of P.T.&T. Line Extension 4 0,�1 4/26/76 (530') 14,571.91 5 0.45 3. Cost of Toomey Line Extension 6 4.06 10/15/79 (1650') 45,326.54 7 None 4. Crossroads Line Extension 9/80 8 None 9 None A 1.73 12" Main 3120' @ $22.50* $69,930.00 Highway 89/SPRR Crossing 41,400.00 B .05 Incidental Allowance 18% 20,039.40 Crossroads Total* 113,369.40 Assessor's Parcel Numbers 18-66-40 Total Cost Based on 3.85% W.R.S.A.D. Criteria $281,329.80 18-66-35 0.96 80-02-11 0.22 80-02-14 1.22 18-66-8 82.13 *Based on Byars' Values at time of First Construction 3 I i D-3 D-4 s V��..ti" tr )W-: P` 3r r4'N' �A N �x� .d r �. � `'R�'F ,'�" R� �,'M rm H 4 T�s•i ��. `C�,fl" �;��s � n but + tl e. kinv�m� �e .4. d . s;a {a,�*r,,.�,� +✓ �'" �* d- �r v*'x„ 1. '� '=a ,�� ? .x. y " ,, . FIIIIIPIT"V' EXHIBIT D NFV CONSTRUCTION COST'ORATIIIN FUN DENEFITM PARCELS t.O,P,U.D,RUI,6 l5 AND NRST RIVER STREET ASSESSMENT DISTRICT AND V,R,S,A,D.RF.FUNU p01.1CY LEYIF.S 6 CHARGES ON Nall AFNP.RTINR pAPf.F.L3 Pnrc._,el Nos Tnrel Rulr IS RefmiA A,noart hnsrnemrnt W and 6 Rule IS Parcel No, Y•R,S,A.D, CrOlt For Rula IS R,Cm,J R ?I1 076,G1 ♦Rule l5 Cnngtr_urU un Clmr ea Fnr N. 1B•66.45 - Talol dmuwlle Canal nlcll,ma U,0-3.82 1,476.29 19.66.43 18,447.12 N,nu lR-/6-44 IA,447,12 Na,r h1,64.R 18-66.44 18,447.12 1,657.20 47,70I,U7 18.66-40 31,158.15 41,70I,01 Nano None 47,J01,02 l8.6L•35 ],filU,9q IA-66.40 1.762.71 33,169.75 37,763.75 G0,409.55 450J,y I8•66•33 6,639,80 ll,m, 80.02.11 4.417.2D flO-OT- R,413.20 10,061 40 1,77h.77 IM1A,fiA Il 1,654,20 None I,912.95 80.02.14 1,922.95 2,301.04 378,09 10,07I,70 RO•p2-14 Nnaa 80.02•17 16,A71,S2 A13.78 10,872,72 10,872.32 12,973.32 2,IOI,00 80-02-16 1,4 9.78 18,2A5,30 RO.02•U I8,285.70 Nona None 9,517,9A N""0 IA,28T,70 19 326, , 80-07-08 10,376,39 00.02-16 10 111X1e N.,,, IU,726,79 7,200.52 603.38 798.4I 80.02.08 7,803.90 80-OT-(0 - 1,80J.90 N,ma Nmle 10,160.99 80.02-10 1,803.90 851,b6 1t,012.45 ll,O12.45 Na,e 80.Ob4 L IR-66-I1 12,451,61 Nonr 11,012,65 1,043,57 8042.4 6 1M66.11 13,497.18 IB-66-8 6 J6 I1,497,IA N,ma None 17,497,I8 J2,070,43 UJ,797.00 141726,37 29,590,82 2,479,61 18.66.8 36 J2,070,97 , I6•46-10 10,741,96 Na,a 850.24 I8•75-2 6 6 11,100.20 � f8.66•l0 11,100,20 Non° Na,e 18.66.47 f,578,19 I S,1G6,99 h31.30 18.75-2 6 5,578,29 6 L1,100,20 . � N,mn 26.998.33 Na,e 5,378.29 1,262,7R 18.66.47 29,260,91 239083,00 29,260.91 "me Ron, 29,260.91 B•1 259,661.40 D•8 , M S ,�r�'.. ash �' t:.. 'k+` a w �,��y - J', 'fix •++ �.. h �,�,� y q Y + 8 e b 5 N6e8" FY7 3 IV 1-7 �G \ COST O5T c = �C c r�� l� �2 l 42 f]` SUBJECT : T �CLENTS NAME JOB NO. COO SSOCIATES Xt� -- JOB DESCRIPTION 9060EEp'PARK 4:E�i.T,E DATE �� G d10vLlE.CALFOfaNeA 95966 j,� SHEET_.__ OF SHEET -XECEIVED DE:&E4bc1]L iM01980 }r*$ srl4 ]3�A' � 2�i'�•�oard CC.i�� a._Truckee-Donner Public Utilities District �g�al-€ln<'�c1 50 Donner Pass Road � _6i ,a'• Truckee, California -----_----- o sa:s 1 -7 _ Re: Request for water connection Dear Board !embers : ----------- Having briefly appeared before you at y�ecember 1, 1980 board meeting regarding the above-referenced matter, and having been recauested to submit a letter on sane, the purpose of this written communication is not only to fulfill your requests, but also to Provide you with the factual background behind this request. As you may recall, the residence that I am building for my own occupation is located in your "Southsi_de" service area. Construction Was commenced by the previous owner in October of 1979. Ile had the foundation poured and the septic and water system installed. Having no further funds for the construction of his vacation home, construction ceased, and it was sold to my wife and myself in October of 1920. The contractor for the above work hired a suh-contractor to install the water and rs septic systems. ?P � he contractor is unaware of what actions the sub-contractor pursued regarding! Termits. I have been unable to contact the sub-contractor. unfortunately, your staFf has been unable to firs. any recor(i of a rerrlit having been issuer!. tdhen we purcIhased the lot , we were correctly advised that the building permit �..as still in effect on the lot , anc7 also advised by the seller that the outer and septic systems hac! been installed. We there- fore continued the construction. We are now Trepared to occupy our residence on December 20 , 19^0. Our builder states that by that time, the only items that will prohi?Diit the issuance of. a Certificate. of Final Occupancy will he the delivery of water and electrical service, r 'both of which have been approved by the building inspectors. Therefore, request is now made that you direct staff_ to connect those services. I plan on being present at the hoard meeting this evening to further discuss this matter with you and will be more than �^ happy to answer any questions that you may have. Yours truly, Brent Collinson R. W. BECK AND ASSC>CiATES ENGINEERS AND CONSULTANTS PLANNIN C{R/p�', DESIGN " "'' TOWER BUILDING GENERAL OFFICE RATES 7TH AVENUE AT OLIVE WAY SEATTLE,WASHINGTON ENVIRONMENTAL 206-622-5000 ECONOMICS 1. � 1980 SEATTLE,WASHING'FON 98101 MANAGEMENT 206-622-5000 TPUCKEE Dti3NHER P.U.D.. FILE No. 2ber 12, 1980 - 3023 Mr. Lyell C. Cash Interim General Manager e Truckee-Donner Public Utility District " - Post Office Box 309 Truckee, California 95734 Dear Lyell: Subject: Truckee-Donner Public Utility District Electric System Loading for the Winter of 1980/1981 As you requested in your letter of December 3, 1980, and in accord- ance with your previous instructions, we have made an evaluation of the capa- bility of the District's electric system to handle overloads which may occur during the winter of 1980/81. In April 1980 we reviewed the capability of the District's electric system to serve the proposed Crossroads Shopping Center. This was done under the District's Purchase Order Number 5225. As part of this review, we made a summary evaluation of the capacities of each of the three existing District substation transformers. This evaluation was transmitted to the District in our letter dated May 1, 1980. Our letter contained a tabulation of anticipated loading and sub- station transformer capacities and made recommendations regarding the transfer of approximately 1,200 kW of load from the Tahoe-Donner Substation to the Truckee Substation to more nearly balance loads to substation transformer capacities. This tabulation is attached as Exhibit 1. We now understand from the District that approximately 800 new services have been added in the past year, approximately 80% of which will be fed from the Tahoe-Donner Substation, 18% from the Truckee Substation and 2% from the Donner Lake Substation. The total additional estimated peak load from these 800 services is estimated by the District to be 1,800 to 2,000 kW. Scathe.WA• Denver,CO • Phoenix,AZ • O,Ianaio,FL • C.Iu bu NE • Wellesley,MA Indianapolis,IN • Minneapolis,MN • Nashville,TN • Sacramento,CA Mr. 'Lyell C. Cash -2- December 12, 1980 In our discussions with the District, several other factors affect- ing load distribution in the electric system have been mentioned. The most significant of these factors covers the extent to which load can be removed from the Tahoe-Donner Substation and transferred to the Truckee Substation. These factors are listed below. 1. The District has informed us that the present trip setting of each of the two reclosers at Tahoe-Donner Substation is 185 amperes. 2. The District has informed us that only 600 kW can reasonably be trans- ferred from the Tahoe-Donner Substation to the Truckee Substation. 3. The District has informed us that, in the event that the 60-kV system is Inoperative, the District's water pumps could be switched off manually, thereby reducing the potential peak by approximately 800 kW. 4. The District has informed us that the new shopping center which, as pro- posed, will be fed from the Truckee Substation will not be opened until March 1981 or later. On the basis of the above information, assuming that 600 kW of load has been transferred from the Tahoe-Donner Substation to the Truckee Substa- tion; that the Louisiana Pacific Mill has reduced its load by 500 kW; that the new shopping center load of 550 kW will not be connected for the 1980/81 peak; and that the additional new services have been connected as reported to us; it would appear that the peak loads on each of the District's three substations for the winter of 1980/81 may be as shown on Exhibit 2. This exhibit does not take account of the potential 2,000 kW available from the Sierra Pacific Power Company (SPPCO). -r The capacities of the transformers at these substations, as shown in Exhibit 1, are based upon the nominal (nameplate) ratings of the transform- ers. These ratings may be modified for the service conditions which exist at the time of the peak and by other factors such as the use of supplementary cooling. A summary of these modified ratings is included on Exhibit 3. We understand that the District is in the process of acquiring fans to provide supplementary cooling for the Truckee Substation transformers which will increase the transformer capacity by approximately 25%. Substation voltage regulators exist at the Truckee Substation which may limit the amount of load which can be carried. However, if these regula- tors are set on their "load-bonus" setting, i.e. with a maximum tap range of + 5%, the nominal regulator capacity at the Tahoe-Donner Substation will be equivalent to 5,000 kVA of load. A comparison of Exhibits 2 and 3 indicates that if the assumptions made to develop the exhibits are correct, and if the regulators are restricted to a +5% tap range, then the Truckee Substation should be capable of carrying the projected 1980/81 winter peak load based on the overload rating at 00C and 77.5% load factor without supplementary cooling. Mr. Lyell C. Cash -3- December 12, 1980 If the assumptions made are correct, then the Tahoe-Donner Substa- tion should also be capable of carrying the projected 1980/81 winter peak load based on the overload rating at OoC and 77.5% load factor. The regulators �^ at this substation have a nameplate capacity of 5,000 kVA and should be capa- ble of carrying the projected 1980/81 winter peak load. The Donner Lake Substation also appears to have adequate capacity based upon its overload rating. The Martis Valley Substation Time Line developed on November 7, 1980, shows the earliest projected operational date for the Martis Valley Sub- station is July 1982 and the latest projected date as January 1983. This means that the District will have to supply the 1981/82 winter peak load with- out the benefit of the Martis Valley Substation and may even have to supply the 1982/83 winter peak without the Martis Valley Substation. We recommend that the District immediately carry out a system study to devise methods of supplying the 1981/82 winter peak load and to purchase and install additional equipment, as necessary, during the summer and fall of 1981 to ensure that the projected 1981/82 winter peak can be met without un- duly jeopardizing system reliability. We will be pleased to elaborate on any of the points contained in this letter if the District or the Board wishes. Very truly yours, R. W. Beck and Associates Neil M. Reid Executive Engineer NMR/sjn attachments cc: D. J. Gardiner P. M. Collet N. A. Hill - 1 EXHIBIT 1 R. W. Beck and Associates WW-1415-ES1-MA December 12, 1980 3023 Truckee-Donner Public Utility District ESTIMATED SUBSTATION LOADING AFTER CIRCUIT REVISIONS BASED ON WINTER 1979/80 LOADS TRUCKEE SUBSTATION Historical 1979-80 peak. . . . . . . . . . 8,631 kW Transfer from Tahoe-Donner Substation. . . 1,200 kW Add new shopping center. . . . . . . . . . 550 kW Reduction in Louisiana Pacific Mill load (500 kW) Drop load to new 4th delivery point. . . .(2,000 kW) NET TOTAL. . . . . . . . . 7,881 kW SUBSTATION TRANSFORMER OA RATING 7,500 kVA TAHOE-DONNER SUBSTATION Historical 1979-80 peak. . . . . . . . . . 4,730 kW Transfer to Truckee Substation . . . . . .(1.200 kW) NET TOTAL. • . 3,530 kW SUBSTATION TRANSFORMER OA RATING 3,750 kVA DONNER LAKE SUBSTATION Historical 1979-80 peak. . . . . . . . . . 3,969 kW (No proposed revisions) SUBSTATION TRANSFORMER OA RATING 3,750 kW EXHIBIT 2 R. W. Beck and Associates WW-1415-ES1-MA 3023 December 12, 1980 -- Truckee-Donner Public Utility District ESTIMATED SUBSTATION LOADING BASED ON PROJECTED WINTER 1980/81 LOADS TRUCKEE SUBSTATION Historical 1979/80 peak. . . . . . . 8,631 kW Transfer from Tahoe-Donner Substation. . 600 kW Louisiana Pacific Mill . . . . . . . . . (500 kW) New services (1) . . . . . . . . . . . . 360 kW NET TOTAL. . . . . . . . . . . . . 8,821 kW TAHOE-DONNER SUBSTATION Historical 1979/80 peak. . . . . . . . . 4,730 kW Transfer to Truckee Substation . . . . . (600 kW) Possible pumping load reduction. . . . . (800 kW) New services (2) . . . . . . . . . . . 1,600 kW NETTOTAL. . . . . . . . . . . . . 4,930 kW DONNER LAKE SUBSTATION Historical 1979/80 peak. . . . . . . . . 3,969 kW New services (3) . . . . . . . . . . . . 40 kW NETTOTAL. . . . . . . . . . . . . 4 1009 kW NOTES: (1) 18% of 2,000 kW (2) 80% of 2,000 kW (3) 2% of 2,000 kW EXHIBIT 3 R. W. Beck and Associates WW-1415-ES1-MA 3023 December 12, 1980 Truckee-Donner Public Utility District SUMMARY OF RATINGS OF SUBSTATION TRANSFORMERS AND VOLTAGE REGULATORS TRUCKEE SUBSTATION TRANSFORMERS Without With Fan Cooling Fan Cooling Nameplate Rating (1) kVA 8,400 10,500 (4) Rating at 5,800 feet kVA 8,148 (2) 10,103 (5) Overload Rating (3) kVA 11,081 13,385 (6) TAHOE-DONNER SUBSTATION TRANSFORMERS Nameplate Rating kVA 3,750 Rating at 5,800 feet kVA 3,638 Overload Rating (3) kVA 4,947 ---- DONNER LAKE SUBSTATION TRANSFORMERS Nameplate Rating kVA 3,750 Rating at 5,800 feet kVA 3,638 ---- Overload Rating (3) kVA 4,947 ---- NOTES: (1) At 650C (2) 97% of nameplate (3) At OoC and 77.5% load factor per NEMA TR-98 (4) 25% increase (5) 96.22% of nameplate (6) Capacity limited by voltage regulators to 12,000 kVA. f Sierra Pacific Power Compar>ty WILLIAM C. BRANCH Vice President & Controller November 25, 1980 i s Mr. Lyle Cash, Interim-Manager Truckee-Donner Public Utility District P. 0. Box 309 Truckee, California 95734 Re: Waiver of Accounting Provisions of the Electric System Acquisition Agreement dated March 1 , 1967 Dear Mr. Cash: I have discussed with John Nladariaga, General Counsel , the request of your Board of Directors for a waiver of certain accounting provisions of the above-referenced agreement. Your request is to waive the requirement of a separate electric fund designated as the Donner Lake Electric Revenue Fund in order to save on bookkeeping expenses. I understand that this fund will be consolidated into a "total electric account", and Sierra' s payments will be made accordingly. By this letter, Sierra waives "Section 18. Donner Lake Electric Revenue Fund" of the referenced agreement; however, the other sections of the agreement will remain unchanged and in all respects be binding upon the parties thereto. I If this is acceptable, please have the Chairman of your Board of Directors execute this letter below and forward a copy to: John Madariaga, - General Counsel , Sierra Pacific Power Company, P.O. Box 10100, Reno, NV 89520. Thank you. Very truly yours, WILLIAM C. BRANCH THE RECITED WAIVER IS ACCEPTABLE TO TRUCKEE-DONNER PUBLIC UTILITY DISTRICT By Chairman, Board of Directors Truckee-Donner Public Utility District WCB:JM/lh cc: Steven E. Grumer, Esq. John Madariaga, Esq. P. O. BOX 10100/KENO, NEVADA 89520/ TELEPHONE 702/789-4537 3�P. TRUCKEE DONNER PUBLIC UTILITY DISTRICT Audience attendance for the Adjourned Meeting of 12/15/80 '�' Adjourned to 12/17/80