HomeMy WebLinkAboutElectric Board - Minutes - 01/15/1992,
Draft Minutes to be approved by the Board at the February 19, 1992 meeting.
FORT COLLINS ELECTRIC BOARD
MEETING MINUTES
JANUARY 15, 1992, 5:00 - 6:30 P.M.
BOARD MEMBERS PRESENT:
Dane Brandt, Mark Fidrych, William Orendorff, Barbara Rutstein, Richard Smart,
and Larry Walsh.
BOARD MEMBERS ABSENT:
John Allum
STAFF PRESENT:
Don Botteron, Allen Boushee, Delynn Coldiron, John DeHaes, Ron King, Bob Kost,
Bob Nastan, Tim Sagen, and Rich Shannon.
BOARD LIAISONS:
Council Liaison -- Gerry Horak
Staff Liaison -- Don Botteron
CALL TO ORDER:
Rich Shannon called the meeting to order.
AGENDA:
1) Approval of Minutes
2) Election of Officers
3) Finalize Work Plan
4) Financial/Rate Overview
5) Discuss Council Options on Rates
5) Critique Meeting/Next Meeting's Agenda
DISCUSSION TOPICS:
1. APPROVAL OF MINUTES:
Minutes from the December 18, 1991 meeting were approved.
2. ELECTION OF OFFICERS:
A nomination was made by Board Member Fidrych that Board Member Rutstein
be elected chairperson for a term of 1 year. This nomination was passed
unanimously by the Board.
5.
Board Member Brandt expressed an interest in being elected vice -
chairperson. No other Board Members expressed an interest in being
elected vice -chairperson, and no other nominations were made. Board
Member Brandt was elected vice -chairperson by a unanimous vote of the
Board.
Chairperson Rutstein assumed responsibility for the meeting from this
point forward and posed a question to staff about how communication
between the Board and Staff should take place. Rich Shannon responded by
saying that if it is a request for information, or a logistical issue,
communicating directly with Don (Staff Liaison) or Delynn (Board
Secretary), is fine. If a Board Member has an issue they want to add to
the Agenda, it is preferable that they first visit with the Chairperson
and then the Chairperson contact Staff.
Board briefly discussed the Council work session held on February 18,
1992, regarding Boards and Commissions.,
1"14100242WIXF
Board considered the draft Work Plan. There was some discussion on the
issue of EMF. Board Member Fidrych moved that the Work Plan be adopted.
After a second from Board Member Orendorff, the Motion carried
unanimously. Work Plan will be forwarded to the City Clerk's office as
required by the Boards and Commissions Manual.
FINANCIAL/RATE OVERVIEW:
This presentation was given by Don Botteron. Don opened his presentation
by introducing Bill Switzer, Utility Economist, and Ellen Alward, Admin.
Services Manager, both of whom helped significantly in the preparation of
the presentation. This presentation included: Financial Policy,
Financial Statements, 1992 Revenue, 1992 Expenses, 1992 Program Budget,
Operating Revenue by Rate Class, and Budget Assumptions. Don concluded
his presentation by displaying an Electric Rate Comparisons chart and a
graph of all of the electric providers in the State of Colorado, both of
which demonstrated the positive competitive position held by Fort Collins
Light & Power. Staff answered Board Member questions following the
presentation.
DISCUSSION ON COUNCIL OPTIONS ON RATES:
Don Botteron proposed to the Board as follows:
February 19, 1992 meeting: Staff will present rate options for the
Board's consideration. Options would include an update of the current
situation, information on how the Platte River change is affecting Light
and Power, and would provide some of the details (numbers and magnitude)
of rate impacts.
March 18, 1992 meeting: Staff will present to the Board a draft Council
report, a draft Council resolution and a draft Electric Board recommenda-
tion.
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Don explained several preliminary rate scenarios and asked Board Members
to get in touch with him if they were interested in adding additional
scenarios to the list.
6. CRITIQUE MEETING/NEXT MEETING'S AGENDA:
Board Members were very pleased with the presentation and thought it was
very easy to understand. Board Members are impressed that it has taken
the group only three meetings to get organized and feel good that the
Board is moving ahead on real issues.
Board
discussed
items to
be included on next month's Agenda.
Tasks:
1)
Staff will
provide
sample By-laws to the Board for review.
2)
Staff will
finalize
Work Plan and forward a copy to the City Clerk's
Office in
accordance with the Boards and Commissions Manual.
3)
Staff will
prepare
preliminary rate scenarios and forward these to
the Board
prior to
next meeting.
ADJOURNMENT:
The meeting adjourned at 6:55 p.m.
Delynn . Coldiron, Board Secretary
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