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HomeMy WebLinkAboutElectric Board - Minutes - 04/21/1993a Minutes to be approved by the Board at the April 21, 1993 meeting. FORT COLLINS ELECTRIC BOARD MEETING MINUTES April 21, 1993, 5:00 - 6:30 P.M. BOARD MEMBERS PRESENT: John Allum, Mark Fidrych, William Orendorff, Barbara Rutstein, Richard Smart and Larry Walsh. BOARD MEMBERS ABSENT: Dane Brandt. STAFF PRESENT: Ellen Alward, Don Botteron, Allen Boushee, Delynn Coldiron, John DeHaes, Bob Hover, Ron King, Bob Kost, Bob Nastan, Tim Sagen, and Dennis Sumner. OTHERS PRESENT: None. BOARD LIAISONS: Council Liaison - Alan Apt Staff Liaison Don Botteron CALL TO ORDER: Barbara Rutstein called the meeting to order. AGENDA: 1) Approval of Minutes 2) Rules & Regulations -- Line Extension Policy 3) Staff Reports - Follow Up on Charter Amendment 1 - Budget Information 4) Other Business 5) Critique Meeting/Next Meeting's Agenda DISCUSSION TOPICS: 1. APPROVAL OF MINUTES: There were no additions or corrections to the March 24, 1993 Minutes and the Minutes were unanimously approved as submitted. 2. RULES & REGULATIONS -- LINE EXTENSION POLICY Al Boushee gave a short presentation on the Line Extension Policy. The Policy is part of the Utility's Rules & Regulations and ties in with the Cost of Development report which was prepared for City Council. Al reviewed the Rules & Regulations pertinent to the Line Extension Policy, the guidelines used in allocating costs and how these costs are implemented, how the estimating guideline is developed and applied to typical developments, and the Line Extension Policy Comparison showing the differences between Light & Power and other utilities. STAFF REPORTS: Follow Up on Charter Amendment 1: Bob Kost reported that Charter Amendment 1 passed. The passage of this Amendment allows Council to set up the Utility as an enterprise fund -- it did not automatically make the Utility an enterprise fund. Budget preparation is being done based on the assumption that the Utility is an enterprise fund; however, the Amendment 1 growth + inflation test will be used throughout the process to monitor where the Utility stands in relation to the Amendment 1 guidelines. Budget Information: Ellen Alward provided Board Members with introductory background information on the budget. Staff gave brief presentations on specific Capital and Operations & Maintenance budget programs. Discussion followed. Don Botteron mentioned that the final submittal deadline for the budget is June 24th and suggested that the next two meetings concentrate primarily on budget issues. A draft budget will be provided to the Board on May 19th. A final budget, incorporating input from Board Members, will be provided to the Board on June 16th. OTHER BUSINESS: A. IRP Process: Dennis Sumner mentioned that the Electric Board may be asked to give assistance with the public hearing requirement of this process. Details have not yet been determined. Estimated timetables are somewhere in the neighborhood of June -August of 1994. Public Service Company Program: Board Member Rutstein asked if the Utility had evaluated the Public Service Company program which, among other things, is implementing fluorescent lights. Staff responded that this had not yet been done and will try to have this done by next month's meeting. -2- O 5. CRITIQUE MEETING/NEXT MEETING'S AGENDA: Budget Staff Reports Bld1I�1�1:1J�I���il The meeting adjourned at 8:15 p.m. Coldiron, Board -3-