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� Orq <br /> Town of Reading RECEWET <br /> „ EI Meeting Minutes TOWN CLERKREADING, MA. <br /> 2021 AUG 23 PM 3: 43 <br /> Ward - Committee - Commission - Council: <br /> B <br /> RMLD Board of Commissioners <br /> Date: 2020-02-27 Time: 07:30 PM <br /> Building: Reading Municipal Light Building Location: Winfred Spurr Audio Visual Room <br /> Address: 230 Ash Street Session: Open Session <br /> Purpose: General Business Version: Final <br /> Attendees: Members - Present: <br /> David Talbot, Chair; Thomas O'Rourke, Commissioner; David Hennessy, <br /> Commissioner; Philip B. Pacino, Commissioner <br /> Members- Not Present: <br /> John Stempeck, Vice Chair; <br /> Others Present: <br /> RMLD Staff: Coleen O'Brien, General Manager; Hamid Jaffari, Director of <br /> Engineering and Operations; Chanes Underhill, Director of Integrated <br /> Resources; Wendy Markiewicz, Director of Business, Finance and Utility <br /> Technology; Ron! Holzer, Director of Utility Technology; Zachary Barton, <br /> Senior Power Supply Analyst, Tracy Schultz, Executive Assistant <br /> Jason Small, Citizens' Advisory Board <br /> Mark Dockser, Liasion <br /> Karen Herrick, Liasion <br /> Minutes Respectfully Submitted By: Philip B. Pacino, Secretary Pro Tem <br /> Topics of Discussion: <br /> Call Meeting to Order <br /> Chair Talbot called the meeting to order and read RMLD's Code of Conduct. Chair Talbot <br /> announced that the meeting is being videotaped at the RMLD office at 230 Ash Street, for <br /> distribution to the community television stations in North Reading,Lynnfeld,and Wilmington. <br /> Chair Talbot asked Mr. Pacino to serve as Board Secretary.Mr.Stempeck is travelling. <br /> Public Comment <br /> There was no public comment. <br /> Choir Talbot stated that the CAB met immediately before the Board.Mr.O'Rourke stated that Ms. <br /> O'Brien reported on the ransomware security intrusion and cell technology attachments and the <br /> NEPPA legislative rally were discussed. Chair Talbot added that the Town Payment was also <br /> discussed.The Select Board had presented a proposal with the payment based on revenue rather <br /> than on kWh sales.Mr.Small explained that that the CAB's main concern with tying the payment <br /> to revenue was that one of the main ways to increase revenue is through rate adjustments.Since <br /> RMLD serves three other communities besides Reading, the ratepayers of those towns would in <br /> effect be paying to Increase the payment to the Town of Reading. Mr. Pacino handed out a <br /> presentation he prepared and gave Ms.Schultz a PowerPoint to display.Mr.Pacino explained the <br /> financial structure of the RMLD, starting with rates from which power costs, operating costs, and <br /> Page 1 1 <br />