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02-21-2013 HUCMMINUTES Special Meeting — Hutchinson Utilities Commission Tuesday, February 21, 2013 Called to order at 12:02 p.m. Members present: President Dwight Bordson; Vice President Leon Johnson; Secretary Monty Morrow; Commissioner Anthony Hanson; Commissioner Craig Lenz; General Manager Michael Kumm. Members Absent: Attorney Marc Sebora Guests: Jeremy Carter (City) and Mayor Steve Cook. President Bordson explained this PILOT presentation meeting is for discussion purposes focusing on the electric utility only. PILOT (Payment in Lieu of Taxes) is an acronym which means portions of funds Hutchinson Utilities Commission transfers to the City of Hutchinson. GM Kumm presented information on HUC power supply planning and a recap of the problems in the electric utility with the existing 2.75% PILOT. GM Kumm presented recommended changes to the existing PILOT formula for the electric utility. (Presentation attached.) A motion was made by Vice President Johnson, seconded by Commissioner Hanson to adjourn the meeting at 1:04 p.m. Motion was unanimously carried. ATTEST: Dwight Bordson, President Monty Morrow, Secretary MINUTES Special Meeting — Hutchinson Utilities Commission Tuesday, February 21, 2013 Called to order at 12:02 p.m. Members present: President Dwight Bordson; Vice President Leon Johnson; Secretary Monty Morrow; Commissioner Anthony Hanson; Commissioner Craig Lenz; General Manager Michael Kumm. Members Absent: Attorney Marc Sebora Guests: Jeremy Carter (City) and Mayor Steve Cook. President Bordson explained this PILOT presentation meeting is for discussion purposes focusing on the electric utility only. PILOT (Payment in Lieu of Taxes) is an acronym which means portions of funds Hutchinson Utilities Commission transfers to the City of Hutchinson. GM Kumm presented information on HUC power supply planning and a recap of the problems in the electric utility with the existing 2.75% PILOT. GM Kumm presented recommended changes to the existing PILOT formula for the electric utility. (Presentation attached.) A motion was made by Vice President Johnson, seconded by Commissioner Hanson to adjourn the meeting at 1:04 p.m. Motion was unanimously carried. Monty Morrow, Secretary ATTEST: (101-A4"-- Dwight Oordson, President 0 C6 N i 0 J Q) O 4-j O ,J 4-J OD kAlb O tt� 4� V) U 'IWO' 4--j L n� Q) W 4-J O • - L U U V) 4� U O O N c� UO F-j (1) ro 4-j U •— a-j SZ- a) C6 0- (1) U O 4--j L o � Q) o V) X Q) a) m DC +� --I 4-j ,c6 Q) C: un O � � w — C6 U 4-j :3 O CL -0 s M Q) in U CC m 4-J 4--J C6 L O (/) U E U) -4-j m 0 o U O _0 to C6 O U cn . — Q) C6 4� U 4� O i i N ^� W V) n� W X LU Al Ln Q) Qj a- x w T vii a � Q a V) x x w v � 3 s a O E] d 0 00 00 ffi 0 H O n. 0 0 V) v 00 oci 00 v N N N Q X W Cl (L) O �. 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