HomeMy WebLinkAboutMINUTES Water Committee 1986-02-130 0
RECORD OF PROCEEDINGS
1Water Committee
February 13,1986
Committee:Chairman Hix,Trustees Aldrich and Wood
Attending:All
Also Attending:Mayor flannels,Town Administrator Hill,Water
Superintendent Richards,Finance Officer
Vavra,Clerk O’Connor
Absent:None
“WINDY GAP COMMITTEE”AGREEMENT -REVISION:
The Committee reviewed the revised Windy Gap Committee Agreement
whereby one—half of the members shall constitute a quorum.Those
parties establishing the Windy Gap Committee are:City of
Boulder,Town of Estes Park,City of Fort Collins,City of
Greeley,City of Longmont,City of Loveland,and the Platte River
Power Authority.The Committee recommends approval of the
revised Windy Gap Committee Agreement.
WINDY GAP ASSESSMENT -UPDATE:
Trustee Hix and Town Administrator Hill reported on their meeting
held with the Subdistrict concerning the 1986 Windy Gap Assess
ment.The Town requested a payment schedule over the next nine
(9)months.Town Administrator Hill presented the attached
schedule indicating where the source of funds could be
transferred.Water Superintendent Richards stated the Water
Department will not be performing capital projects during 1986,
rather the Department will establish programs such as:fire
hydrant maintenance,water treatment plant and storage tank
maintenance,and projects which will not require an investment in
inventory.The maintenance programs are very worthwhile and will
give the Department an opportunity to refine the water system.
Staff does not anticipate terminating any Water Department
employees at this time.
Following additional discussion concerning the impact on the
other departments of the Town,the Committee recommends staff
prepare a Resolution addressing the 1986 Windy Gap Assessment -
Source of Funds for review at the next Committee meeting
scheduled for March 13,1986.
REPORTS:
The amount of water accounted for in January was 80%.
There being no further business,the meeting adjourned.
Vickie O’Connor,Town Clerk
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WINDY GAP ASSESSMENTS -1986
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April 1,1986 (4 months)$
May 1,1986 (1 month)
June 1,1986 (1 month)
July 1,1986 (1 month)
August 1,1986 (1 month)
September 1,1986 (1 month)
October 1,1986 (1 month)
November 1,1986 (1 month)
December 1,1986 (1 month)
Total
254,107.20
63,526.80
63,526.80
63,526.80
63,526.80
63,526.80
63,526.80
63,526.80
63,526.80
$762,321.60
Source of Funds as follows:
1.Water Fund:
Beginning Cash $80,322
Contingency 150,000
Capital 200,000
Windy Gap 80,000
2.General Fund:
$510,322
Contingency (Loan +8%Interest)
3.Light &Power Fund:
126,000
Contingency (Loan +8%Interest)126,000
Total $762,322