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01-26-2022 HUCMMINUTES Regular Meeting — Hutchinson Utilities Commission Wednesday, January 26, 2022 Call to order — 3:00 p.m. Vice President Anthony Hanson, called the meeting to order. Members, present: Vice President Anthony Hanson; Commissioner Robert Wendorff; Commissioner Kathy Silvernale; GM Jeremy Carter; Attorney Marc Sebora Absent: President Matt Chien,ey; Secretary Don Martinez 1 Conflict of Interest Commissioner Hanson declared conflict of interest in voting on agenda item 2f - Designate Depositories for Utility Fuinds,, as hie is an Officer and employee of Citizens Bank & Trust. Commissioner Hanson will be, abstaining from, Agenda item 2f. 2. Commission Reorganization, Vice President Hanson called for the annual Commission reorganization. aA motion made by Commissioner Wendoirff, second by Commissioner SilvernMe to re-elect Matt Cheney to the position of President, Motion carried unanimously. b. A motion made by Commissioner Wendorff, sec:onid by Commissioner Silvernale to re, -elect Anthony Hanson to the position of Vice President. Motion carried unanimously, c. A motion made, by Commissioner Wendorff , second by Commissioner Sil�vernale to ire -elect Don Martinez to the position of Secretary. Motion carried unianimously. d. A motion made by Commissioner Silvernale, second by Cooner Wendorff to appoint Marc Sebora as legial counsel,. Motion carried unanimously. e. A motion made by Commissioner Silvernale, second by Commissioner Wendorff to appoint Angle; Radke as recording secretary. Motion carried unanimously. fA miotion made by Commissioner Wendorff, second by Commissioner SiNerniale to degniate Citizens Bank & Trust, Wells Fargo Bank, Wells, Fargo Adivis,ors, Home State Bank, Morgan Stanley and Cetera lnveistment Services as depositories for utility funds. Vice President Hanson abstained. Mr. Sebora asked all in favor, Motion carried ously, 3. Approve Coda a. Approve Minutes b. Ratify Payment of Bills the Consent Agenda., Motion carried unanimously. 4. Approve Financial Statements Mr. Martig presented the Financial Statements. Cash decreased in large part due to the solar array and transformer at Plant 2 projects as well as covering $1.2M of the February commodity spike. Electric Division Net Loss increased by $3.6M with decreased revenues due to MRES refund and transformer insurance proceeds in 2020 along with December 2020 Depreciation due to software change. YTD budget to actual variance for depreciation was due to budgeting for 6 months of depreciation on the new engines but actually depreciating them over the full 12 months. Mr. Martig reviewed GASB entries that will need to be made coming up. GM Carter reviewed budget to actual for the year. Consumption came in close to what was budgeted for Natural Gas and Electric Divisions; overall tracking well. Comparing the classes, All Electric came in lower due to this Fall being warmer than last Fall. Generator fuels were up due to much higher generation in 2021 which coincides with higher Sales for Resale. GM Carter reviewed generated MWH used for the Market and for HUC's hedging program. GM Carter spoke of the Natural Gas Customer Revenue and Purchased Gas in relation to the Polar Vortex in February. Target was to hit 37% of Gross Margin, in reality it was only 33%, Sept and October were soft months in consumption due to warmer weather. Motion by Commissioner Silvemale, second by Commissioner Wendorff to approve the financial statements. Motion carried unanimously. 5. Open Forum 6. Communication a. City Administrator — Matthew Jaunich — i. Welcomed Kathy Silvemale as new Commissioner ii. Accepted bids for street project West of the Rec Center iii. Nuvera will be doing a large fiber project this Summer b. Divisions i. Dan Lang, Engineering Services Manager — Nothing to report ii. Dave Hunstad, Electric Transmission/Distribution Manager- 1. Reviewed Solar Array Graph, which shows production from last 2 months President Matt Cheney entered at 3:20p.m. iii. Mike Gabrielson, Production Manager — 1. Finished up last half of 2021 Emission documents for Plants 1 & 2 and have sent off to the State 2. Working on exhaust stack testing for Plants 1 & 2 iv. John Webster, Natural Gas Division Director — Nothing to report v. Jared Martig, Financial Manager- 1. Had to put a capital lease on the land of the Solar Array, which will be recorded as an Asset; As HUC pays the City, the book value will be decreased. 2. Next year new GASB on Leases will need to be implemented which will include printer and mailing machine. 2 3. Auditors are here this week c. Human Resources — Angie Radke - i. Working on OSHA Logs that will be completed by end of month ii. Maintenance Mechanic 11 interviews • start next week i iii. Please note Agenda item gb-shouId state Requisition #009011 and not #009001 d. Legal — Marc Sebora — i. Welcomed new Commissioner Kathy Silivernale who was officially sworn in last Friday, Jan 21, e. General Manager —Jeremy Carter i. Business updates were sent out last week. ii. Federal level update was sent out yesterday. iii. Last Special meeting Commissioner Hanson inquired about providing a background on Engine Inventory, plan moving forward and what is looking to be retired; this information was just sent out, please review and feel free to follow-up with any questions. iv. IVIMUA Legislative Rallly will be held virtually on Feb 8 & 9. Federal Rally is also coming up in Feb, currently is in person but may look to have virtual options. v. MMGA has a board meeting tomorrow to finalize prepaid deal and will look to go to market in next couple of days. Looking at having a Bond issuance not to exceed $850M, this will also be a 30-year prepaid Deal. 7. Policies a. Review Policies i. Section I of Exempt Handbook ii. Section Il of Nlon-Exempt Handbook No changes recommended at this time. 8. Unfinished Business 9. New Business a. 3M Transformer LTC Repair Mr. Hunstad presented Approval of 3M LTC Repair. HUC preforms oil testing on substation transformers every 6 months, the last couple tests for 3M have shown some high Basing in the LTC. The Initial quote was $9K, however when CE Power was hired to perform the required maintenance it turned out to needing additional parts and labor. Attached are the labor and materials that was required. Motion by Commissioner Hanson, second by Commissioner Wendorff to Approve 3MI LTC Repair PO 8955. Motion carried unanimously. K b. Approve Requisition #009011 — Plant #1 Substation RTU and Relays Mr. Lang presented Approval of Requisition #009011 — Plant #1 Substation RTU and Relays. Looking at replacing the existing 40-year old electro-mechanical relaying equipment at Plant 1 this year. DGR Engineering will be used to design the protection system scheme for the substation and feeders, specify materials, develop relay settings, and commission the relays. DGR Engineering will also design and specify the materials to replace the obsolete Ilex RTU and integrate with the new relaying equipment. Motion by Commissioner Hanson, second by Commissioner Silvemale to Approve Requisition #009011 — Plant #1 Substation RTU and Relays. Motion carried unanimously. c. Approve Advertisement for Bid: In -Line Inspection of 12" Lateral Natural Gas Pipeline Mr. Webster presented Approval of Advertisement for Bid: In -Line Inspection of 12" Lateral Natural Gas Pipeline. Due to the discovery of a high consequence area found in the Industrial Park this past year, HUC now needs to complete a baseline study within the year of the finding. A contractor will need to be hired to perform the inline pigging project. A motion by Commissioner Hanson, second by Commissioner Wendorff to Approve Advertisement for Bid: In -Line Inspection of 12" Lateral Natural Gas Pipeline. Motion carried unanimously. d. Approve Memorandum of Agreement Health Care Savings Plan Union contract (IBEW Local 949) dated January 1,2022 — December 31,2023 GM Carter presented Approval of Memorandum of Agreement Health Care Savings Plan Union Contract (IBEW Local 949) dated January 1,2022 - December 31, 2023. Back in December when the Board approved the Union Contract, this portion had not been officially approved by the State. Since that time, it has now been approved by the State and Staff is looking to have the Board take formal action and Approve the Memorandum. A motion by Commissioner Silvemale, second by Commissioner Wendorff to Approve Memorandum of Agreement Health Care Savings Plan Union Contract (IBEW Local 949) dated January 1,2022 — December 31,2023. Motion carried 4 uinanimously. 10., Adjourn There being no further business, a motion by Commissioner Wendorff, !second by Commissioner Silvernale to adjourn the meeting at 3:34pm. Motion carriied unanimously. ATTEST: Matt Cheney, President R bon MartinWz—, §e—c—retary