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HomeMy WebLinkAbout2000-02-15 Agenda Packet - Board TDPUD Staff Report March 10, 2000 To: Board of Directors From: Peter Holzmeister Subject: Special LAFCo counsel _ Agenda # The Board expressed some concern about the $5,000 deposit requested by LAFCo to process our application for activation of latent telecommunication powers. The concern is that a deposit suggests that the total bill could be higher and undefined. The board is concerned about giving LAFCo an open checkbook. I spoke to SR Jones about the concern. She said we could condition the deposit in the following way: a)When $2,500 is spent SR will notify us b) If it appears that the service will exceed $5,000 SR will notify us c) LAFCo will not spend more than $5,000 without receiving our approval The estimate of cost amount came from the attorney she plans to employ, who said that to perform the service requested would come to about $5,000.'The questions being posed to the special counsel deal with telecommunication regulatory environment, such as the role of the California PUC, the provisions of the Telecommunications Act, and how they impact as public utility district. RECOMMENDATION I recommend that the Board authorize submitting the $5,000 deposit requested by LAFCo for processing the application to activate latent telecommunications powers, subject to the following conditions: a) When $2,500 is spent LAFCo will notify us b) If it appears that the service will exceed $5,000 LAFCo will notify us c) LAFCo will not spend more than $5,000 without receiving our approval RED L Nevada County Local LAFCo Agency 950 Maidu Avenue Formation Nevada City, CA 95959-8617 Phone 530 265 7180 Commission Toll Free 888 846 7180 Fax 530 265 7183 November 16, 1999 Don McCormack,Chair Cities Peter Holzmeister, General Manager Sam Dardick Truckee Donner Public Utility District County POB 309 La=Duncan Truckee, CA 96160 Public Bill Hollender Subject: TDPUD's Proposal to Provide Telecommunications Services Cities Elizabeth Martin Dear Peter: Cmmry Patricia Sutton Thank you for bringing Alan Harry and Bob Braitman down to meet last month Special Dlrrricts to discuss the PUD's telecommunications proposal. The project is very exciting, Ron Sweet and I'm looking forward to the opportunity to review it. Special DRrtrtatJ It is my understanding that you were going to present your draft business plan to Bob Nix your board for their consideration. Have they approved the plan? Special Districts Alternate Judith Peterson As we discussed,both LAFCo staff and counsel have very limited expertise in Public Alternate this area. I have located an attorney who is willing to assist us with the review. Sharon Tobiason FES name is Patrick McMahon, and he has extensive experience in the technical Cities Alternate and regulatory aspects of telecommunications service. I know that he will prove pear van rant helpful to both our agencies in this regard. Cmnry Alternate As you'll remember,I mentioned that I would be contacting you regarding the SR Jones deposit toward fees that would be required. LAFCo's fees are based upon the Ewcuttve°fttr actual time and materials required to process a proposal. The deposit should P.Scott Browne cover a reasonable estimate of the necessary fees. Since we will need the Legal counsel services of outside counsel,I am requiring a deposit of$5000. Naturally, Katherine Hudson LAFCo will refund any unused portion of the deposit at the end of the process. Clerk to the Commission I look forward to working with the District staff on this matter, and we will begin our review as soon as we receive the deposit. Sincer ly, R Jon , Executive Officer Ne LAFCo FEb-25-2000 11:47 PORTER S MON _J•o 57_0 _c '_716 F,02i67 lN'E'MORAIND TM D=Februaiqv2-5, 20,0() TO: Peter Flolzmeister, General MaFROM: Steve Gross, General Counsel F:E: Operation and Accounting of Di I Issues Presented A. May profits (income in excess of expenses) from the operation of a telecommunications utility/department be used to support the electric and water systems? B. May one of the District's utilities lease excess capacity to another District utility? II. Coriclusi n A. As is discussed in greater detail below, the District's electric, water and telecommunications (assuming that such a utility is created) utilities must be self-sustaining and accurate books and records of the ownership,operation and cost of each utility must be maintained. Therefore, as a practical matter,profits from one utility should not be'used to support the District's other utilities. However, the Board has the authority and discretion to determine a fair apportionment that each utility should contribute to pay for the common expenses of the District_ Additionally, the Board may appropriate funds from the operation of a utility into a reserve fund; and,when certain conditions are met,it may appropriate excess reserve funds into the general fund. The general fund may be used to pay for the salaries and expenses of the District common to all of the District's utilities. This could have the overall effect of lowering the cost of the common expenses of the District that would be chargeable to each of the utilities. B. Although the Public Utilities District Act is silent on this precise issue,it appeazs that one District utility may lease excess capacity to another District utility. While the District has the authority to own or operate utilities, there is no express requirement that the District own facilities or utilities that it operates. Additionally, the public Utilities District Act suggests that the District should use its facilities,works or utilities to their fullest capacity for the benefit of the District or its inhabitants before it uses surplus facilities to provide services outside the District's boundazi District has historically enga es. The ged in this practice in as much as the electric utility owns several assets, 0 FEB-25-2000 11:48 PORTER SIMON 530 SE- 1316 P.03i07 PAGE 2- ................................................................................................................... such as the office building and garage, that it leases in pan to the water utility and to the Town of Truckee. III. Law and Analvsis A. May profits (income in excess of expenses) from the operation of a telecommunications utility/department be used to support the electric and water systems? i. Operation of the District's Utilities The Public Utility District Act, Public Utilities Code §15501, et seq., (the "Act") states that the District may acquire and operate a number of different types of utilities, including light, water, power, heat, transportation, telephone service, or other means of communication,garbage disposal,sewage disposal,firefighting,street lighting,public parks,public playgrounds,golf courses,public swimming pools,public recreation buildings,a drainage system, curbs,gutters,sidewalks,and pavement of streets. The Act considers each of these to be a separate "utility". Public Utilities Code §§ 16461, 16463. In addition, the District may do all things necessary or convenient to the full exercise of the powers granted to it. Public Utilities Code § 1646 L The Act requires that water,electric and telecommunications utilities be operated as revenue- producing utilities,on a self-sustaining basis. Public Utilities Code §16467 provides: Only revenue producing utilities shall be acquired, owned, or operated by a district. So far as possible the board shall fix such charges for commodities or service furnished by any revenue producing utility as will pay all of the expenses of the government of the district, or such portion as the board determines justly apportionable to such utility. The expenses to be paid include: (a) Salaries, office expenses, and other necessary disbursements. (b) The operating expenses of the utility. REB-25-2000 11:48 PORTER. SIMON 5:CQ 5S7 1316 P.04i07 PAGE 3- ................................................................................................................... (c) The interest on any indebtedness incurred for the acquisition, construction, and completion of the Utility. (d) Provisions for a sinking or other appropriate fund for the payment of the principal of such debt as it becomes due. (e) Provisions for an appropriate fund for repairs, replacements, and betterments. It is the intention of this section that a district pay all of such charges and expenditures and the interest and principal of its debt from the revenues derived by the district from the operation of its public utilities,and that each public utility owned and operated by a district shall be self- sustaining. (Emphasis added.) As §16467 indicates,the Board is directed to charge for a particular commodity or service such amount as will pay for the expenses of the District or an amount "as the Board determines justly apportionable to such utility" such that"each public utility owned and operated by a district shall be self-sustaining." There is no further statutory guidance en`how that determination should be made or on what factors it should be based. As long as the apportionment is fair and j ust it should be lawful. Public Utilities Code §16467.1 provides that some types of utilities do not have to be operated on a self-sustaining basis. These include fire departments, street lighting systems,public parks, public playgrounds, public swimming pools, public recreation buildings, building used for a public purpose and works to provide for the drainage of roads, streets and public places. 2. Bookkeeping and Accounting Requirements for the District Several sections of the Public Utility District Act set forth requirements for the bookkeeping and accounting of the District's financial data. Specifically Public Utilities Code § 16601, provides that all "[R]eceipts from the operation of a public utility shall be paid daily into the treasury of the district in a special fund set aside for such [individual] public utility." Of FES-25-2000 11:43 POPTEP, SIMON 530 597 1316 P.05/0? ...............................................................I......... PACE s- Particular note in this section is the Act's use of the term "special fund"rather than the term"general fund." Additionally, Public Utilities Code § I6602 provides: The board may from time to time make appropriations from individual public utility funds for the following purposes: (a) The payment of operating expenses of the public utility and all or such portion of the general salary and expense fund of the district as the board determines is justly apportionable thereto. (b) Repairs and reconstruction. (c) Payment of interest and sinking fund on the bonds or indebtedness incurred or assumed for acquisition, construction, or completion of the public utility. (d) Extensions and improvements. (e) A reserve fund. Public Utilities Code § 16603 provides: -" Whenever a reserve fund exceeds one-half of the payment for operating expenses in the preceding fiscal year, the board may appropriate such excess to the general fund. Public Utilities Code§ 16604,which describes the requirements for the contents ofthe books of account,provides: The books of account of the district shall show all of the following: (a) The true and complete financial results of the ownership and operation of each public utility. (b) The aetuaI cost of each public utility. PEB-25-2000 11:49 PORTER SINON 530 567 1316 P.06i07 PAGE 5- ................................................................................................................... (c) All costs of maintenance, extension, and improvement, and all operating expenses of every description. While the Act allows the Board to make appropriations from individual public utility funds for a reserve fund,and for the Board to appropriate such reserve funds to a general fund when such reserve fund exceeds one-half of the payment for operating expenses in the preceding fiscal year (Public Utilities Code§§ 16602, 16603),the terms"reserve fund"and"general fund"are not defined with precision in the Act. The lack of clarity in defining of these terms,together with the use of the term "special fund" creates ambiguity and difficulty in interpreting these statutes. The term "reserve fund" as used in § 16602 is not defined as either a reserve fund for the particular utility or for the District. However, since the amount of the reserve fund can be limited based on the operating expenses for the previous year, it appears that the intent of the statute is to provide for the creation of a reserve fund for the particular utility(s). Although if the Board wanted to create a general reserve fund for the District,it does not appear that it is prohibited from doing so. Similarly,the term"general fund" as used in§ 16603 is not defined as either a general fund for the particular utility or the for the District. However,the term"general salary and expense fund of the district" is referred to in § 16602(a). This suggests that theDistrict may establish a general fund for the District as a whole. The purpose of the monies in that fund would be to pay for the salaries and expenses of the District. Each utility would contribute to that fund an amount that is fairly apportioned to it by the Board. This interpretation is strengthened because§ 16603 uses the term"general fund"ratherthan "special fund",as is used in§ 16601. If,the legislature had intended to authorize the Board to return excess reserve funds to the "special fund" for the particular utility from which it was originally generated,as opposed to the"general fund',then it would have used the term"special fund"and not "general fund." Thus,there appears to bean intent to allow for the creation of a general fund for the entire District. B. May one of the District's utilities lease excess capacity to another District utility? As is stated in Public Utilities Code §§ 16461 and 16463, the District may acquire, construct,own,operate,control or use works for utilities and do all things necessary or convenient PES-25-2000 11:49 PORTER SIMON 530 587 1316 P.07i07 ............................................. PAGE 6- to the full exercise of its powers. Additionally, pursuant to § 16467, the District is required, with some exceptions, to only acquire, ow-n or operate revenue producing utilities. There is no requirement set forth in these sections,or other portions ofthe public Utilities Code,that the District own all of the facilities that it is authorized to operate or control. Similarly, there is no express prohibition against the District,or a utility of the District, leasing utility works from a third party or from another utility of the District. As tong as the utility is self-sustaining,the law does not dictate to the District how to structure its business or utilities. Section 16474 authorizes the District to use facilities, works or utilities to supply services beyond the boundaries of the District when those facilities, works or utilities are not used to their fullest capacity for the benefit of the District or its inhabitants. Although this section does not expressly authorize the District,or one of its utilities,to lease excess capacity,it does envision and suggest that the District should attempt to utilize its facilities, works and utilities to their fullest capacity for the benefit of the District and its inhabitants. Given the District's authority to do all things necessary or convenient to the full exercise of the powers granted to it, it is logical for one District utility to be able to lease unused facilities to another District utility. As a practical matter,the District has engaged in this practice of leasing facilities from one utility to another utility for a number of years. The electric utility owns the District's office building and garage, as well as a variety of other assets, and leases a portion of the facility and other assets to the water utility. In addition,the District/electric utility leases the excess capacity of the facility that is not used by the District to the Town of Truckee. These practices are consistent with the powers and authorities granted to the District. In the same way that the District's electric utility constructed the office building and garage and overbuilt the facility so as to be able to accommodate and lease space to the water utility, the electric and water utilities could decide to construct a fiber optic cable system to serve their needs and overbuild the facilities so that there is excess capacity to lease to the telecommunications utility. The economies of scale involved in structuring the project in this manner may make overwhelming financial sense. TOTAL P.07