I.                    Call to Order – Al Clark

 

II.                  Flag Salute – Elaine Loard

 

III.                Invocation – Tom Swire

 

 

None at this time.

 

Secretary McDonough arrived at this time. Treasurer Zoeller stated that the Directors and the GM have copies of the Graphs included in his report. The Cash Balance went down a little in October to approximately $126,000. Presumably due to the project cost that’s taking place on Corral and Horseshoe. He stated that there’s a positive cash flow for the month and year, but not quite as much as the previous two years. He didn’t include the Budget Comparison numbers, but the Revenue Numbers are slightly below budget. He stated that the costs for electricity and chemical costs are more than budgeted. Operating Expenses are less than budgeted. This completed his report.

 

a.      Manager's Report – Ken Harrington

YSPUC Manager, Ken Harrington, asked to have his report entered into the minutes and to entertain questions at this time. Director Swire asked of the ramifications regarding the booster on upper John Muir?   Mgr Harrington explained that it was not a booster, but a small supply line. They were still able to run the booster. They lost some semi-automatic control. Treasurer Zoeller asked if the amount of water pumped for the year and the revenues are in sync? Mgr. Harrington explained that he has just received the numbers and still needs to compare the production numbers with known leaks, flushing, etc. to see the possible relationship.    Director Swire asked about the grant’s Notice of Intent and the non-qualification. He asked if the contamination noted was regarding fecal contaminants. Mgr Harrington explained that the contamination has to be manmade. He noted that we only have one well (49A) that’s fecal contaminated that’s off-line, but wouldn’t qualify for this because the well needs to provide at least 1/3 of the system’s production. Director Cruce didn’t find this on the documentation, but will compare notes with Mgr. Harrington. Director Farren asked regarding the MTBE contaminants being stable and what the range is? Mgr Harrington explained the history of the MTBE contamination. Mgr Harrington gave an update on the mainline replacement project for the audience. He stated that they are ahead of schedule. Phase I of the project is nearing completion; pressure tests have passed, more compaction tests are needed, disinfection process is happening now. They’ve begun trenching for Phase II today. 

 

  X.        Old Business

                        None at this time.

 

1.            YSPUC Budget (Al Clark)

President Clark gave brief details for the Treasurer regarding the progress of the budget meeting that he wasn’t able to attend earlier that day.   He stated that during the budget process they were +$84,000.00, total budget was $1,046,817.00, Cap Ex - $274,037.00 and in Repair and Replace - $772,780. GM Neveu through point of order, explained the description of the budget as: $84K (Positive Cash Flow for the operating year), specifically and that the Net From Operations pre-tax is -$100,00.00. President Clark explained to the Treasurer that they have approved moving forward with the grant development cost and for the engineering services for the long range planning for the park. This may help in qualifying for grants. The Treasurer asked about the budget regarding the YSPUC crew. President Clark stated that they have budgeted for a full crew, but Mgr. Harrington isn’t planning to fill one of the positions until spring.  President Clark answered Pat Burns, Lot 1194, question’s regarding the new building and budget. The GM explained the options and replied that the building is still in the concept phase. 

 

 

None at this time.

     

                        Not at this time.

                        The YSPUC Board adjourned at 5:56 pm.