HomeMy WebLinkAboutMINUTES Light and Power Committee 1993-03-11n
RECORD OF PROCEEDINGS
Light and Power Committee
March 11,1993
Committee:Chairman Aldrich,Trustees Dekker and Hix
Attending:Chairman Aldrich,Trustees Dekker and Hix
Also Attending:Light and Power Director Matzke,Assistant
Town Administrator Widmer,and Deputy Clerk
Kuehl
Absent:None
Chairman Aldrich called the meeting to order at 10:05 a.m.
1993 ELECTRIC RATE UPDATE -AUTHORIZATION TO CONTRACT
A study is requested to incorporate the new wholesale rates
instituted by Platte River Power Authority into the base rates.
The last study was completed in 1991 and was performed by M.E.
Kiburz and Associates.Since this is only an update,this project
will not be bid but will be offered to Kiburz and Associates at an
estimated cost not to exceed $8,000.The 1993 budget for this
update is $5,000.Since many of the issues to be addressed in the
rate study will directly affect the energy efficiency programs,it
is requested that the additional $3,000 needed be funded from this
budget.The Committee recommends that the Town contract with M.E.
Kiburz and Associates to perform the rate study at a cost not to
exceed $8,000 and that the study be funded as described above from
the Rate Update and Energy Efficiency line items.The results of
the study should be available within six to eight weeks,with
presentation to the Committee in May and a public hearing in
August.
1993 CAPITAL PROJECTS
Highway 34 Rebuild:Greater capacity lines are needed to replace
the existing lines south of Highway 34 from Vista Lane east to a
location approximately 300 feet north of Highway 34 opposite of
Roth’s Restaurant.The cost of replacing the overhead wires is
included in the 1993 budget.Because of a possible joint venture
with U.S.West,some of the lines will be buried.The Committee
recommends that property owners adjacent to the overhead portion of
the project be informed and offered the opportunity to pay the
difference in cost required to upgrade the circuit capacity and
place the line underground,over and above the estimated cost
($36,000)of upgrading the circuit capacity using overhead
construction.
Joint Trench with U.S.West:U.S.West plans to extend telephone
fiber optic cable from the south side of CO Highway 34 near Roth’s
Restaurant,north and east around Lone Pine Subdivision to Dry
Gulch,and north along Dry Gulch to the Honda School entrance.The
total length of this installation is approximately 14,000 feet.
U.S.West offered the Town an opportunity to place a conduit in
their trench during this project.The normal cost for a trench is
$5 per foot,compared to $1.00+per foot through the joint project.
The Committee recommends approval of an expenditure,not to exceed,
$25,000 for participation with U.S.West in this joint trench
program.
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RECORD OF PROCEEDINGS
Light and Power Committee,March 11,1993,Page 2
REPORTS
Financial Report:The Committee reviewed the January and February
financial reports and associated graphs.
Pro-lect Updates:The master meter has been installed for the Honda
School.Electrical testing of the bucket trucks was performed over
a weekend,thus keeping all trucks in service during working hours.
All trucks passed with minor recommendations.
Platte River Power Authority:Assistant Town Administrator Widmer
reported on possible bond refunding of Series C,D,and H.This
will reduce the overall bonded indebtedness and shorten the time
length of the bonds.A special board meeting will be held to
authorize this sale.
There being no further business,Chairman Aldrich adjourned the
meeting at 11:10 a.m.
Tina Kuehl,Deputy Town Clerk
I MAR231993
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