HomeMy WebLinkAboutLight Comm Minutes 5/26/1988`!
BOARD OF LIGHT COMMISSIONERS AUG 2 2 R38
MINUTES OF MEETING
MAY 26, 1988 °
PRESENT: Chairman Harrington, Commissioners Dunn, Tartufo, Levine
and Markt
Meeting called to order.
MOTION: To Nominate John Dunn as Chairman for the Light Commissioners.
Markt /Tartufo Vote 4 -0
Mike Jones - M.M.W.E.C.
Mike Jones was present this evening and made a brief presentation on
the Hydro Quebec Phase II Project.
MOTION: To authorize the Manager to purchase up to 2360kw in the
Hydro Quebec Phase II Project (copy of vote attached)
Harrington / Markt Vote 5 -0
OLD BUSINESS - MANAGER
LEASE - CREEDEN STREET
John Dunn excused himself from the discussion, only to return.
The Manager asked Commissioners for permission to sign a new lease
at Creeden Street. Mr. Larch explained that the old lease expired
on March 24. Rent would go from $1,150.00 a month to $1,300.00 for
one year and then to $1,400.00 a month for the remaining 18 months.
MOTION: To authorize the Manager to sign a new Lease for Creeden St.
Harrington /Levine Vote 4 -0
TRASH TO ENERGY PLANT
The Manager told Commissioners that Don Wallace is proposing a Trash
to Energy Plant on School St. Mr. Larch said that he is required by
P.U.R.P.A. to give Mr. Wallace the figures on operating the Plant.
The Board instructed the Manager to comply with Regulatory Requirements,
while indicating that they neither approved or disapproved of the idea.
OLD -NEW BUSINESS COMMISSIONERS
Commissioner Markt asked for a Credit Report and was told that one would
be completed for the next Meeting.
MOTION: To adjourn Open Meeting.
Harrington /Tartufo Vote 5 -0
BOARD OF LIGHT COMMISSIONERS
MINUTES OF MEETING
( MAY 26, 1988
MOTION: To go into Executive Session.
Harrington / Markt Vote 5 -0
SEABROOK
Discussion involved the Seabrook situation and some possible
litigation that may result and also what action other M.M.W.E.C.
members were considering.
MOTION: To authorize expenditure of up to $7,000.00 in legal fees
for a legal analysis of possible options with respect to Seabrook.
Harrington /Tartufo Vote 5 -0
MOTION: To authorize expenditure of up to $7,000.00 for Preliminary
Factual and Legal Analysis to determine what claim we may
have against those government entities which have acted to delay
the licensing and commercial operation of the Seabrook Station.
Markt /Harrington Vote 5 -0
MOTION: To Adjourn Executive Session.
Levine / Markt Vote 5 -0
ATTACHMENT 1
Certificate
Second MMWEC Hydro- Quebec Participation Agreement
Canadian Interconnection Project - Phase II
I, the Secretary of the Municipal Light Board of the Jo4ty)-
(town) of Massachusetts, certify that, at a
meeting of the board heldV �!�, 1988, of which meeting
all members of the board were duly notified and at which a quorum was
present and acting throughout, the following vote was passed by a vote
of �Fto O , all of which appears in the official records of the
board in my custody:
VOTED: (1) that the town) of 5 /6-G C) acting through
its municipal light department, contracts to purchase
from the Massachusetts Municipal Wholesale Electric
Company ("MMWEC ") a share of Project Capability acquired
and /or constructed or to be acquired and /or constructed
by MMWEC (which shall be determined by the Manager
initially to be approximately equivalent tog 3 (rD kw,
or such lesser amount as may be available) in the
Canadian Interconnection Project - Phase II, as such
term is defined in the Second MMWEC Hydro - Quebec
Participation Agreement dated as of the 15th day of
June, 1988 (the "Second Agreement "), a draft copy of
which was presented at this meeting and is filed with
the permanent records hereof; and
(2) that the Manager is hereby authorized and directed to
execute and deliver the Second Agreement providing for
the aforesaid purchase, which agreement shall be
substantially in the form presented at this meeting,
with such modifications thereto (and particularly to
Exhibit A) as the Manager deems necessary or advisable
to reflect the identities of the MMWEC Phase II
Participants and their shares of Project Capability (and
Equity) and such other corrections, modifications, and
changes as the Manager deems necessary or advisable to
carry out the purpose of this vote, such execution
conclusively to identify the Second Agreement (as
corrected, modified or changed) as being authorized by
this vote; and
Certificate
Second MMWEC Hydro- Quebec Participation Agreement
Canadian Interconnection Project - Phase II
(3) that the Manager is hereby authorized and directed to
transfer to MMWEC, all direct participation and /or
equity interests or shares to the Canadian
Interconnection Project -Phase II that may be held by
this municipal light department, by the execution and
delivery of those agreements and /or amendments to
existing agreements required to effect such transfers
and to further the purposes of this vote; and
(4) that the Manager is hereby authorized and directed to
take any other action he /she deems necessary or
advisable to carry out the purpose of this vote; and
(5) that any actions previously taken by the Manager which
are consistent with the purpose of this vote are hereby
ratified and confirmed.
I further certify that the vote was taken at a meeting open to
the public; that notice stating the place, date and time of the
meeting was filed with the (city) (town) clerk and a copy thereof
posted in the office of the (city) (town) clerk or on the principal
official bulletin board of the (city) (town) at least 48 hours,
including Saturdays but not Sundays and legal holidays, prior to such
meeting and remained so posted at the time of the meeting; that in
connection with the above vote, no deliberations or decisions were
taken in private or executive session; and that the official record of
the meeting was or will be made available to the public promptly and
will remain so available to the public, all in accordance with G.L. c.
39, Section 23B, as amended.
Dated: / 7�4 a
Secretary o he Muni pal Light Board
I