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PACKET Light and Power 1986-04-03
JO rk LIGHT AND POWER COMMITTEE APRIL 3, 1986 AGENDA 1, RON HARVEY - DISCUSSION REGARDING CATV 2. MARY'S LAKE SUBSTATION TRANSFORMER BID AWARD 3. LINE TRUCK BODY & DERRICK BID AWARD 4. RATE REVIEW - R. W. BECK REPORTS: A, 4/2 AND 4/3 POWER INTERRUPTIONS B. 3 PHASE PROJECTS - HWY 34 - WONDERVIEW DRIVE C, OLYMPUS HYDRO D. CASCADE DAM & RELATED FACILITIES E. HOT LINE SCHOOL F. FLEXIBLE FUNDING PROJECTS G, PLATTE RIVER POWER AUTHORITY 9,- .. . 2.. 3. Harvpy P.C. box 3365 Estss Park, CO 80517 March 19, 1986 Harold K. Greenleaf, President Calim Systems Inc. F.C. Box 1274 Liberal, KS 67901 D=ir Mr. Greenleaf: I har= been a cable subscriber at our present home for the past SIT yoars. When we purchased the house if was equipped for UHF Translator service, but we decided to install cable because of thp sunerior picture quality and the additional channels on the basic service. The service was great for the first five years, '.itn the exception of multiple ghosting on channel 9 that has t¢'r.7 there since I can remember. In the past year the service has deteriorated starting over a year ago with a herringbone pattern and weak signal on channel six (the PBS station which we watch the most). In the past nine mentns an electrical power line interference (horizontal white dots and occasional audible noise) has become increasingly more betnersome on the lower VHF channels with 2 and 5 the worst. I have reported these problems numerous times, and your people ttink I'm a real crank. The channel six problem has been blamed on the broadcaster, the weather (wet or dry) and need for a new hpid end antenna site. Last summer when channel six became so bad we could no longer :C, ed lettering on the picture I hooked up the old UHF antenna zo the VCR and could watch 6 on Translator. Later, as the noise got worse on channel two, I switched it to translator, etc. I nave also submitted a petition, at Steve's suggestion, to put F\N on channel 10, but no feedback. In the meantime I decided r i add Tier 2 in order to get CNN. When I called the office to 3 7 ri r ge installation I was told that I must come into the office #rd Day in advance for installation and take the black box home with me, and then they would send an installer out. I suggested +.1+ if they wouldn't bill me, I would be willing to pay the i·'ctaller when he arrived with the black box and save me a trip. :his was not acceptable and I let my frustration of the past ir get the best of me. I told the girl to get someone out here 4-f fix the problems I have had in the basic service that I am paying for. 920 n:yt. morning the repairman arrived, set his testset en an rpholstpred chair, gave mp a lecture on how to be nice to the offiP° ri:1, and further ackrowledeged the problems with the TV re:-rtirn. Ee told me th9t this was the best reception I could pypnot ard that if I didn't like it he could disconnect it for M+. With that he left. I Know of several subscribers that have disconnected because of poor tervice lately. Is this our only choice? I can receive Crility pictures on the Denver channels on the UHF Translator, ard I have locked into 2 satelite receiver to provide Satcom 3 ar 1. FLN for a cost of $600 whic I can pay off in three years witn tip savings from disconnecting cable service ($17 per/mo. +or basic and Tier 2). Is this my only alternative? A yeir ago you got a 33% rate increase to upgrade service and now another bringing the total to 44% as service deteriorates. ''dill 1. I 1 . the additional revenue generated by these rate increases te creater than the potential losses from subscribers who may or have disconnected due to affordability, poor service, unkept Prnmises, and inflexible office procedures? Sincerely yours, 793< ; A 46*J<1 •v vv A -/1 hon S. Harvey craips to: Bob Dekker, Estes Park Light & Power zf~ Pernie Dannels, Mayor 1. S R. W. BECK AND ASSOCIATES bc!:EERS A..OCOAELLTA.\13 Fu 4% >• $ Z 41»061 QUA ZOLOINC c-€42- 4 UFN f t.'l'1( N «O 6+~30,2, irRUT • 51€h:. ~·V,fLA;;h)& 55'VER. COLORADO 20204 ;.*p'.-:'.e: It-Ii:·75*· ¢20'C'·t. MA•·424· · 303·62..5·3:66 frir, 494*11 GLCI-SCA f.ft € *A€ h'L .'. 'r. CC-2027-ES4-AX April 2, 1936 'JI t: 46 Mr. Robert 1. Dekker Directors Light and Power Department Town of Estes Park P.O. Box 1200 Estes Park, CO 80517 Subject: Comparison of Bid Proposals Contract No. 1 Power Transformer Dear Mr. Dekker: Eld proposals for Contract 1 were opened and publicly read a : 1:00 p.o. on March 31, 1986. A total of three proposals were received. alas were received as follows: h -1 . 1 Base Prices Bid Bid ' <-: /4 Schedule 1 Schedule 2 General Electric Company 1164,295.00 4 $200,693.00 ™29 .. ASIA Electric $178,930.00 $207,125.00 44. .r~ ··14 Westinghouse Electric Corporation 4209,600.00 $240,165.00 ' :A-t The base prices were adjusted as follows to determine the evaluated ··9 prices: id? 1. 22 of the base prices was added to General Electric's Bid Schedule { .~ No. 1 and No. 2 to cover the cost of in-and-out warranty coverage. 2. $10,000 was added to General Electric's Bid Schedule No. 1 and No. 2 and ASEA Electric's Bid Schedule No. 2 to Cover the cost of moving the transformer from the nearest rail siding (assumed to be Loveland) 4 f I' to Marys Lake Substation site. 3. Interest ar the rate of 1-1/21 of per month for five months on che retained 10% was added to ASEA Electric' s and Weaclughouse' 9 Bid Schedule No. 1 and No. 2. , I. . Mr. Robert L. Dekker -0- April 2, 1986 4. Loss evaluation based on $1,700 per kW no-load loss and $900 per kil load loss was added to the bass prices. The evaluated prices are as follows: Bid Bid Schedule 1 Schedule 2 General Electric Company $222,191.00 $270,957.00 ASIA Elecrric $226,103.00 $2793436.00 Westinghouse Electric Corporation $250,920.00 #294,121.00 The attached tabulation contains the bid prices and pertinent supplemental information furnished ·in thelr proposals. 20, Out opinion, nothing submitted in the proposals appears to be a detrimental material change from the requirements of the Contract Documents from a technical engineering standpoint and it appears that the proposals are responsive to the technical engineering requirements of the Contract Documents. We recommend that your legal counsel review the proposals for legal adequacy and that you consult your business advisors regarding the adequacy of the proposals relating to such matters. Assuming the proposalt ty .1. are found co be adequate with respect to those items, and based on General f Electric submitting the lowest base price and the lowest evaluated price, we --0 9 . recommend that General Electric Company be awarded the contract for Bid - p.- 16 Schedule No. 1 if a 7500 kWA transformer is purchased or for Bid Schedule No. 2 if a 10,000 *kVA transformer is purchased. Please advise if you have any questions concerning this evaluation. ./ Sincerely, w 4 R. W. BECK AND ASSOCIATES 1 la --» 3- 34 4"424 y t Z~,·/ Harley G. Mariatts, Executive Engineer = Approval: <b= 6. ALT 3. L. Sturdevant Partner and Manager Central Deslga Division HGM:lef (61440.El) Actack=ents CC: S. Jordan I 5 r *Zin 2gZg r..1-,n 0™21 -1 M 2 2 2% 28 g M C'Ece 2882 D ry - r.- N C A - a -2 t. e .. . 4 V- - 8.52 2 - C.. C. MSR2 1 - - 281: 3 22 *4 ** ~- 9 2 0 0 4.22 f 64 048 3 2 0 04 . - fi * 41 *2 231 RS -EN 4 8229 00:bo de 31; 6 ™ r. 9 Ne= -2 N '9- ..1 =090 . - . . -- - I O 0 6, A :g 2 Z$ 5 - 2 ... 'U .4 C N O N 2 U 4.1 = VV .li , 3 2 < -- , I . C 9 0 .-' 0 8 4 2 2 282 2 R & 3 2 8 n 9 - =7 ~ '02 ./ = A - = 1 € 2 2-1 - .- *12 4 N - = - 25 gAgi *= 4 -N 2 - e - I. :2 0 N = 0 3% M N C 2- I. 3 N -4 A 4 -itc,3 2282 -31. . . 4 =0 0. eN- A •2· ·,· ep, * **€2 CO =$ 40 =A =# a 27 ·4 N =0 2 VV Frl - i 3 =1- 2 la 44 22 £5 2 02%3 2%22 0 - 0 0 I . ... :, 10 N AJNM , h U = .' -9 e. 93 2 N -04 ·.0 -- Lt a 1 83 .£.-I U -0 - - .9 - , 2, ..4- +97- v ==Ca 2132 - ' I. i : - 011,14 '4 = fir U I . m U 1 - r e 4 - ; 0 - := 0 - =21 3 -O 2 3 L ' f ..1 -U 0 C 324 19 2~% d 3% C M -1 - 1- -1 --a r - 12 2 33,2 3 a. s z t~ 0 3 = . 1 32 . U L€- 11•IN· 3 0 A 14 - 2 = 3 122 3~1 1-4- liEC 33 - 1 W ---4-# de A C : -- .. . - O * Sm=24 3 0 * 1 2 Z .. *2 ¢5 . 1 1 1. A 1- m 0 4 : -O c 2 232 97 4- 2- u > u ,-, - - C 1 3 - 4 i :47 =- 311 :d. '. 7 24. A E 233:619 f & O :Le 0 4 W .0 ······ ,·0~ - - =8 2 - - - N m w -4 N •A 1. - I , CC-2027-r94.-AX (1·arrid Iflertr c Exintint Dolt v""50·•1, rly ONY •4008 *I •VA 113 D TABULAnON AND RVAI.UATION Conlract 1 - Po or r Town {if 14,1.e» •(41 J; J<f 44*ed ruu;>ipo F to'; O, 1101'CT() 43~0 0*00 Mlut·1.114% 1110- .(0311(1 *,Ct<pinil taltI)&10 Jo *Or 03 101{Ct[) Jill,J,•8 . fwity' BGVH.,Jnd '1•"111110 1 %05 el P.,1 Pul T) 011'.1,-1., le UT Ky,ni,7 0) '0110 'C) [1 ¢9 it'*O., {,ti':T,W.Ir, 41,1,1 7 IU';:.40'.t';CO'l %11 1 200,693 1.411,*09 . 0 :,1 AO Iff n<> "r 7 Wn.lf, j It F „N ( '/ > .t ... 1 print to N-66 R.w. Es:: gni 4595:iztes rige 1 Df 1 CLAZ,AD.,iLN LCul &3%inHIC frric... .Mve -- ...... . 4-1, tate: 04/1/36 ·-- . Li>. EL th FEM*.1 Clc5;00 4.0. Ab.: CC-2627-264-Al Froj. :£·5:riptiCM) M:Vit¥ A-.XYS LA.U DU:zi.Ri:L:h Freject Lc:aticas ESTES PARK, COLO. Type Est.- FLANNik.3 T/ke-off:CLC/DLL Fritcd: tiC A:provedi Eitiiats 32555 c, 1966 Price Level r 1- 2.L• . L<-di.O 4.2, W., - ITEM & DESCRIPTION ST¥. UNIT MAT'l LAPOR TOTAL KATI LABOR TDTAL ------UNIT COST-- ----TOTAL COST ----- 422/3, I'le:1 44 A AA 12?581 i. Trins; Rer <.:,9.9.u c¥n, 1 *8. 177531 12000 A.7... a j ..: 1 J J ·• V J 115/12.5 k¥ - •/ LTC. 2. 12 k¥ 6tzticR Type Surge Arrtiter, 3 22. 446 90 536 1333 £/V 1608 A.A. 1. .6.4 1. F:theads 3 ea. 160 135 295 420 465 885 4. Riser Struiture 1 22, 2500 1000 3-500 2300 1000 3500 5. E•it:knesr 2. Main Breaker 12.5 kV, 1200 220 1 ed. 4:000 7415, * I CAl . b. Fee:er Er#aker 12,5 1,V, 1200 8,1 2 ea. 26300 2500 28860 52600 2 9·Ov 57600 ...4. 1-9Jvq 41000 3500 ..C'. I I ...AA .. 0.1. Cospirtiest 1 ea, 16200 2000 26600 16200 2000 . 202® 0 C.-4.* r,-*r.,r • iapr: 1 02. 20000 1.'.1 22000 2'000 2000 22000 e. Break r El€*ent for aisting Bus 20. 13920 800 13&25 13025 600 13325 fle tlit 6. Ft? 1 & ..,=*.-)..:il 15-9,4/+4 •40 8. Foundz:lons 19 eu.yd. 140 210 e.=. Z562 3*:0 UT:1220 fierS 309 665 7*A ...7.4 145 .:v 1. Scivatim & Backfill 350 220 420 74 - a. bir fancation Excivatiso 45 c..ya. 0 A. . Treer>ing f'- rn-:-21*- 6- r w= 4240 1125 95 .f. 0 2 0 0 "A j OV 760 0 . 100 1.4, 6 0 t- 4 27.-- Con:Lit 0·:V An' / -=J - 2, Fr,ICI Ech. 40 160 1.f, 1. 1 4 0.60 1.75 164 48 280 I:/d Al rl * le W...U ,¥Le tcS 40 -- /3 1.f. 0.40 A tz A 1. :6 c. - B' PVC, Sch 40 90 1.4 5.50 0.90 6 gS'E- 471 -C .... £0 9. 245 4 & .11,Ing pulled in U.6, Conduit .40 81 576 S. 05:r~; C=Zie E , .-. 12 (0404(te ix#*, controt} 160 1.f. 1.10 176 160 336 4,0 -,0 Innin,4.. 64- FA.4 *•. 1 1 - -- 4-~ 6-4 *..V . £0 16': 160 1.4. 1 SA 2, Power *irino 192 352 . i A 3:C 1' -0 Cc-au: 7 '& r' to *far) 100 1. f. 0.90 :0 0.. 500 MOM P:*Pr fable, 15 ky 19 80 170 450 1.f. 6.50 1.75 8.25 729 37:3 1/0 ill a:ghting cit's) 200 1.6. 0430 0.40 0.70 60 140 10. 0032,31 Builcing Modifications 1 --/0 ... ' T I ./ •. v., - ., ..1 ,„5, f cr Conduitz 1 1.5. 500 500 .... L 1&QU 500 '410 w. 42, RSE 22-Auit Installation 1 1.1. 20® 2000 420 .000 #C c. hiring Kclificat:295 1 1.5. 3000 3000 6000 3000 60 . d. liscs Lentrot Bid?. Mociticatics; 1 1,5, 3004 a.- 50.0 3000 2000 50 4 2 %4-/1 ; ,•7"rn€ 1 220' 'F .4 9720 ,=70 '04, -r. 1.5. 4./V 4(:ill 1.4 -=:U ;-. Statful J. .-:.G,1,1 2. 44/0 :c. b:0,RIE *ire 140 1.1 , CA , I. ... I QI-:-. ,- -. , , w 3 411; 140 3:0 r.k /2 3 ed. 80 07 100 ... :I- 2 f .:~.~-, Kfac:-9 Utove & Replace) wv cu.yd. 0 10 10 0 500 500 C., ./ 199 60 300 ... a..,„ze.:00 ¥ Lieing# 1 1.5. 0 2000 2000 0 2000 2000 SUBT:7AL DIRECT ESTIMATE CCST 345644 47061 392707 FRIC:%6 4 223€;RECTICA ALLD¥ASCE 15 1 C... 4:703 TOTAL - 25-43TRUCTI0N ESTIMATE COSTS · - 451613 . r: .* & 1,~ : 9 '11 ' I Ittlk es r f. 01 r " au= .9.ang ' 8 8 0 l.) >1 U 0 i; El 61>4 W I C) )-4 Z LN U E·1 . 4 0 . Z M M 11 3 'C,CO O 0 04 fc r l. 1 A i ·U L.·L4 ,1- C.-1 6 ] O 1-4 >11 >4 A ,·4 ,:C E-4 [:1 6.1 ,< 61 a ns D.: 1 M ON [14 64}Ii. c L 3- 41 000 0 0 43 60 41 0 04 45 1 . h m 4-J (D fo C 0 0 WO I m A , J a C C 0 0 0 ~| O r-1 , 0 (0 - 0 0 4 4,0 C 4.1 1 Ul U homm 0 4 C F-Cb Z tls 0 4 U (0 0 00 .- 4 m . 0 0, O (14 1-1 Ul *CC . (11) :>1 ] \0 d 64 44 0, M A ~ 4 4 LU ·r-1 0 r--1 ·rl r-1 8 C M 04 O rl Al 70 4 (D m 6-1 H X > , 4 U 01 (0 um E U (OC N [0 0 -2 X 0.0 . 0 (1) M -- ELI O O 4 (1) 4 C 3 .23 6-4 A 0 -1 0 >, O A C 4-1 . G) G) 16 C . .. 9 f a ~ r-4 f-4, 4). ro ll) 06 Q~ M W.d > 4 M O E Z A (D 3 E ·r·1 •r-1 > %4 10 0 41 4-) 0 to N 0 3 Z * ·rl - .1 63 5 0 E-, u 41 r. Ell HI r. „ Z aS B £14 co 00 .:11 U}- BID [13 ZU H Z ff 1 0 a . WU U) ,-1 < 05 A A ' ' k 0 >1 , 41 •r-1 r-1 0. •r-1 •~1 Z Ur-1 , O 02 W 1-1 fo 1-1 E-1 .4 rb< 0 U A 1-1 1-1 0 >1 .A A == 61 0 N 1-1 ro > Ul 0) C E m m (1) >·, r-1 0 SE 000 A A O UD ri .-' C4 4 CE 0 0 0. W C) 61; 4 CD 10 •• 1-1 a w m (1) 4.-1 4 ro A <h GQ' LIGHT & POWER DEPARTMENT i 6 a og Q L -3 1-=3 1 0 Q~ ' -3 5 \~f~ TRADE- MC GILL $59,247 $10,500 TEAGUE EQUIP. $61,470 $13,000 1 59*/94~ i ·sqI 05,'ZE -- A-Foecleo umu.I-FxeW - .LNEWdIflOE EflOVELL ' ·sqI 6EZ'9I * -- Al·TOed= 3 11mUITXEW - ,LNSWdIflOEI NNG'IH 9 by: Ga Shanafelt ponents DENVER ELDER-QUINN 11 DENVER Recent Tax-Exempt Electric Revenue Bond and Note Issues (Dollars in Thousands) ./. Maximum Yield Rating Bond or Note Sale ~ Date Issuer Moody's S&P Amount Maturity Yield 13 Feb 86 Southern California Public Al A+ ' $157,645 2015 8.37% --- Power Authority \ 8.20 14 Feb 86 South Carolina Public Service Al A+ 195,955 2019 Authority 20 Feb 86 Platte River Power Authority Al A+ . 113,120 2016 7.74 4- Colorado 21 Feb 86 Southern California Public At A+ 371,720 2018 4 . .7.938 Power Authority r 27 Feb 86 The City of San Antonio, Texas Aa AA 320.660 4~4- 2010 8.00 * Initial Rate and Initial Adjustment Date. .: Mt B 21:1. 9 .-4 '.:i , Upcoming Electric Revenue Bond and Note Issues (Dollars in Thousands) +. Anticipated Estimated Sale Date Issuer Amount Early March City of Anaheim, California . ·· $129,100 Early March Michigan Public Power Agency i.350,000 - p Early March Salt River Project, Arizona ·· -' ;500,000 ' Early March Southern Minnesota Municipal Power Agency r, 282,545 Early March Florida Municipal Power Agency 284,810 Early March Utah Associated Municipal Power System ..40,000 - ·· ,., Mid March North Carolina Eastern Municipal 675,000 Power Agency w. ' Salomon Brothers Inc "A" New Issue Taxable Utility Index This is the estimated new issue yield for taxable, A-rated, long-term (30 years) private (or investor-owned) utility bonds of average issue size (at least $100,000,000 and nonrefundable for five years). This yield is established after considering the current market yields for a variety i of A-rated issues. One-Year Treasury Bills A one-year Treasury bill is an obligation of the United States Government to pay the bearer a fixed sum one year from the date of issue. These debt issues are sold at a discount, and the return to the investor is the difference between the purchase price and the face or par value. The yield shown is the bid side of the market. 1 Salomon Brothers Inc "A" Tax-Exempt Electric Revenue Index This is the estimated new issue yield for the longest maturity bond (35-40 years) of a tax- exempt A-rated electric revenue bond issue of average size (about $125 million) and structure. This yield is established after considering the current market yields for a variety of A-rated issues. Bond Buyer 30-Day Tax-Exempt Commercial Paper Index This index is The Bond Buyer's 30-day tax-exempt commercial paper rate. The rate reflects a survey of Al/Pl-rated papers priced daily at par. Note: Questions concerning the data herein should be directed to the Public Power Group of the Municipal Finance Departmentat (212)747-6135. © Salomon Brothers Inc 1986 Although the information in this report has been obtained from sources which Salomon Brothers Inc believes to be reliable, we do not guarantee its accuracy, and such information may be incomplete or condensed. All opinions and estimates included in this report constitute our judgment as of this date and are subject to change without notice. This report is for information purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security. Salomon Brothers Inc &*- . '7 I . r. Member of the New York Stock Exchange March 1986 One New York Plaza New York, New York 10004 -0 1 fRubliciPowerilbhdEIVI·ack€t[)ata it, . . ·· . -' ' : ... .- rit. -9:>·£4,<5*,:/4(0229/*'0#&8'911 1* ~ ~ *ef --· ... r . :1 , . I. e¢*9-2,12&3 Market Review The volume of new tax-exempt securities issued during February totaled $3.4 billion. While this represents a substantial increase over the $2.3 billion issued in January 1986, supply is still considerably below early 1985 levels. Retail demand was mixed, with many investors still ~ concerned about the uncertainties surrounding the tax-reform issue. Nearly 50% of February's supply represented refundings or refinancings of outstanding high- coupon debt. Several large issuers of electric power revenue bonds accounted for the bulk of this activity. In total, 73% of February's issuance was comprised of revenue bonds, and 27% was , general obligation debt. . f The municipal market continued to rally during February, although it underperformed the --2 treasury market. Yield declines were particularly dramatic in the long sector of the market, . resulting in a further flattening of the yield curve. Trends in Selected Interest Rates (%) - 16 16 :2 1 - P -4 /000.-~ Ta <able U.ilities 14 , 4 - 2 4 -~ . .a= 1-4.1 14 3 - . ./ V.. I - 12 12 . uv ---L / Electric Revenues '4 - V \\ 10 5 10 : .--00*00- 1 0 ..... .ii e. ...1-, 4.... ... *- 4.r . 8 ..1 4, 1 1 / .............. 8 y....... O ie-Year :: Treasury Bi Is I /4 . . 6»6 /:....... ........ F ........... . 9 . A. , 1-1 .1t 0 ...: te:40' i- - :4 .. " , B)nd Buier 30-Day · 4 I , Tax-Exerhpt Cc mmercial Paper 21 - 2 ' '' '' It 1 11 , , , , , 1, ''2 2:-, 10 29*: 30 * 40 ..10 20 30 - 40 1Q 20 - .*. - 3Q . 40 119b471.4 .. 1985 :1986·, I - I. I ... Closing Values Yield Change .. 28 Feb 86 31 Jan 86 Salomon Brothers Inc "A" New Issue Taxable Utility Index 9.38% 10.75% -1.37% 0 One-Year Treasury Bills 7.44 7.65 -.21 - Salomon Brothers Inc "A" Tax-Exempt Electric Revenue Index 775 8.38 -.63 Bond Buyer 30-Day Tax-Exempt Commercial Paper Index 4.69 ' 5.375 -.685 Note: Definitions of these indexes appear on the reverse side. i