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HomeMy WebLinkAboutLight Comm Minutes 2/11/1985BOARD OF ELECTRIC COMMISSIONERS AGENDA FEBRUARY 11, 1985 7:30 P.M. Meeting Called To Order 1) Minutes of January 7 & January 28, 1985 2) Energy Conservation Proposal - Craig Meadows 3) Old Business - Light Manager a) Decision on new computer b) 10 Year Cash Flow Forecast c) Write Off of Uncollectible Accounts 4) Old Business - Electric Commissioners 5) New Business - Light Manager 6) New Business - Electric Commissioners 7) Adjournment BOARD OF ELECTRIC COMMISSIONERS MINUTES OF MEETING FEBRUARY 11, 1985 PRESENT: Chairman Wills, Commissioners McNair, D'Onofrio, Dunn. John Larch, Allan Jones. Commissioner Levine arrived at 7:40 P.M. 7:30 P.M. Meeting called to order. Minutes of January 7, 1985, approved Minutes of January 28, 1985, approved Dunn abstained. Old Business - Light Manager McNair /Dunn VOTED: 4 -0. Dunn /McNair VOTED: 3 -0. Board's main concern was how the department would pay for the new computer system. Mr. Jones noted that he had spoken to Ron Moilanen and explained how the payments would be made. It was suggested they either give it to the schools or sell parts to other Data General users. Mr. Jones had a letter from DSI which mentions that they will still be supporting the equipment after its useful years. Another concern was the impact on the rates and retained surplus. $1,833 per month would be taken out of retained surplus to pay for the computer. A 60 month lease payment would not be taken from retained surplus. * MOTION: To approve the purchase of the DSI computer system at $110,000 plus interest and various maintenance and license fees financed over a 60 month lease payment period. McNair /D'Onofrio VOTED: 5 -0. Energy Conservation Proposal Craig Meadows from EACI and Steve Cowell from Community Energy Partnership were present to go over their energy conservation package for the Town of Mansfield. CEP is affiliated with Self Help and has access to low income people in the town. They go out and do energy audits and while they are in the home, install low cost items which will save the consumer up to $100 per year on energy. Cost of the audit are around $100 and they are proposing to do 230 homes in the first year. They will also finish up the remaining part of our program for 1984 with 30 energy audits and bid specs for attic insulation for elderly and low income. Cost to finish up 84/85 program year will be between $15,000 - $18,000. The 85/86 program year for 230 audits will run around $30,000. Commissioner D'Onofrio was concerned about the law in general. MOTION: To accept the contract for the purpose of discussion. Levine /McNair no vote. MOTION: To enter in a contract with EACI /CEP to do 30 elderly/ low income attics. McNair /D'Onofrio VOTED: 5 -0. BOARD OF ELECTRIC COMMISSIONERS MINUTES OF MEETING FEBRUARY 11, 1985 PAGE 2 * MOTION: To approve the EACI /CEP contract to perform 230 energy audits for the 1985/86 program year at a cost of $23,000. Levine /McNair VOTED: 5 -0. * MOTION: To send a letter to State legislators regarding the Board's feelings on the state law for energy conservation services. Levine /D'Onofrio VOTED: 5 -0. 10 Year Cash Flow Forecast Two items to be discussed tonight are payment in lieu of taxes and change in the depreciation rate from 3% to 5 %. Town Manager needs this information for his budget. * MOTION: To set the amount of payment in lieu of taxes for the Electric Department at $150,000 for the next year. McNair /Dunn VOTED: 5 -0. * AMENDED MOTION: To change the amount of payment in lieu of taxes from $150,000 to $128,000. D'Onofrio VOTED: 1 -4 motion failed. Next item discussed was a raise in the depreciation rate from 3% to 5% of plant book value. We would have to petition the DPU to raise the the depreciation rate. The reason for the increase is that in the near future there will not be enough money in the fund for physical depreciation and new business. Manager would like to implement the increase as of January 1, 1986. As a result of the increase the department would get $100,000 of depreciation. * MOTION: To go forward with a 5% depreciation rate and request that the DPU allow us to raise the rate with implementation upon approval by the DPU. Dunn /Levine VOTED: 3 -2 D'Onofrio /McNair opposed. Uncollectible Accounts Mr. Jones went over the uncollectible jobbing accounts which amount to $3,621.66 and the regular customer uncollectible accounts which total $16,744.67. He would like permission to get these accounts off the books. BOARD OF ELECTRIC COMMISSIONERS MINUTES OF MEETING FEBRUARY 11, 1985 PAGE 3 * MOTION: To write off $3,621.66 of uncollectible jobbing accounts. Levine /McNair VOTED: 5 -0. * MOTION: To write off $16;744.67 of uncollectible customer accounts. McNair /Dunn VOTED: 5 -0. Old Business - Electric Commissioners Commissioner Wills asked about the holiday decorations. * There being no further business, the meeting was ADJOURNED at 10:25 P.M. Dunn /D'Onofrio VOTED: 5 -0.