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HomeMy WebLinkAbout2014-07-24 RMLD Board of Commissioners MinutesReading Municipal Light Board of Commissioners Regular Session C (v 230 Ash Street 1 Reading, MA 01867 _TOWN CLERK R July 24, 2014 r."tAUING. Mr,SS. Start Time of Regular Session: 7:32 p.m. l FEB - 3 A 9: 5 9 End Time of Regular Session: 9:09 P.M. Commissioners: David Talbot, Chairman Robert Soli, Commissioner Thomas O'Rourke, Secretary Staff. Coleen O'Brien, General Manager Bob Fournier, Accounting/Business Manager Hamid Jaffari, Director of Engineering & Operations Citizens' Advisory Board (CAB): Dave Mancuso, Member Rubin and Rudman LLP: Chris Pollart Public: Jack Devir Philip Pacino, Vice Chair John Stempeck, Commissioner Jeanne Foti, Executive Assistant Priscilla Gottwald, Community Relations Manager William Seldon, Senior Energy Analyst Call Meeting to Order (�hairrnan Talbot called the meeting to order and stated that the meeting was being videotaped; it is live in Reading only. Opening Remarks Chairman Talbot read the RMLD Board of Commissioners Code of Conduct. Introductions Chairman Talbot acknowledged CAB Member, Dave Mancuso and Chris Pollart of Rubin and Rudman. Chairman Talbot asked if there was anyone else that wanted to be acknowledged, there was no response. Chairman Talbot reported that Commissioner O'Rourke will be the Secretary for this evening's meeting. Commissioner Stempeck is participating remotely due to geographic distance. Report of the Chairman (Attachment 1) RMLD Surplus Vehicles — Chairman Talbot Chairman Talbot reported on the matter of the bucket trucks that were sold and questions that were raised which has been in the public sector for a while. In April, following the RMLD's Policy, a RMLD employee bid and won the bids for three bucket trucks for a total of $350, triggering questions. The matter was immediately looked into, and found RMLD's Policy that has been in place for approximately twenty years does not conform with current state law. The most recent update for this matter is that the trucks have been returned and parked in RMLD's parking lot. We thank the employee for doing this so promptly. In terms of those three trucks and any financial matters related to them, this issue is muted. However, in terms of the policy, the structure of how the RMLD handles surplus disposal is being looked at. Chairman Talbot pointed out that once this happened, the General Manager immediately, among many other actions, froze any other liquidations until the policies were updated. Chairman Talbot stated that the Policy Committee met and he sat in on that meeting. At that meeting, the participants were in agreement with the General Manager's recommendation that all the RMLD policies would be sent out for a thorough legal scrubbing and that process is well underway. Chairman Talbot said that there is a preliminary revision to the Surplus Disposal, Policy 2, this evening. Since there are recent updates, it would be prudent to not vote on the (Wppreciated wised policy this evening. There are late breaking comments from the Citizens' Advisory Board (CAB) members that are and we need time to absorb those and to do this properly. Regular Session Meeting Minutes July 24, 2014 Report of the Chairman (Attachment 1) RMLD Surplus Vehicles — Chairman Talbot Chairman Talbot commented that in addition, the Town of Reading may have their own updating to their policies and can potentially be in alignment with RMLD to the appropriate extent. Given that liquidations have been paused administratively, vi this will not cause any issues. Chairman Talbot said that in addition, the General Manager has asked all the parties involved to sign non - collusion forms, contacted the State Ethics Commission for advice, called for a complete fleet maintenance practices and assessment study, had a companywide employee meeting, had state ethics training implemented and a state ethics seminar scheduled for September. Chairman Talbot said that this has been worked on to the fullest extent possible. Chairman Talbot said that he hopes at the next meeting the policy will be voted upon. Mr. Pacino commented that Board members have to take the ethics training every two years. New Board members must take the ethics training within either sixty or ninety days from coming onto the board. It is an online course that the commission members, CAB members and every town officials should be taking. The online course takes no more than a half hour with a certificate that needs to be printed out for recordkeeping purposes. Chairman Talbot asked Ms. O'Brien if there was anything else she had to add. Ms. O;Brien responded that Chairman Talbot did a good job. Ms. O'Brien stated that however, with the State Ethics Commission there are two mandated training requirements, one is an annual handout of which Human Resources has sent out to the employees which can be forwarded to the CAB as well as the commission members. The second mandated requirement is to take the online training every two years. Currently, the Town Clerk in Reading is the liaison contact. Ms. O'Brien said that Human Resources will promptly send out the link. Chairman Talbot said that this is his first meeting as Chairman as well as the first meeting after the General Manager's first anniversary. The scrubbing of the policies is long overdue; it is because of the initiative of this General Manager that we are doing this. Also, there are new initiatives that have taken place such as the recent LED streetlight grant for $250,000. The customers of the four towns will see savings. All the citizens of the four towns on an extremely hot day would be exposed to a communications campaign to encourage them to reduce their consumption which was just designed, but not implemented. If one percent of the demand can be reduced, by a mass communications campaign, this will save approximately $80,000 for one hour of activity. There are savings on legal bills and organizational efficiencies which have been implemented. Chairman Talbot wanted to thank Ms. O'Brien for her hard work. The RMLD is trying to improve organizational efficiencies at the RMLD for the benefit of its customers. Chairman Talbot asked if there were any public questions regarding the truck matter, there were none. Mr. Mancuso stated that he had a few comments on behalf of the CAB. He wanted to congratulate everyone on the grant and the CAB members are happy as well. Mr. Mancuso said that on the CAB side there was some feedback presented to him by members relative to the truck. Mr. Mancuso commented that they are happy to hear that the sale has been reversed and the trucks have been returned. There is some puzzling on the CAB as to how we exactly got where we got. The general feedback is that they have not convened on this and will do so in August to have more discussion. The biggest concern is not the sale of the trucks for $350, but the process by which the commission and General Manager shared information with the CAB. The way the CAB has viewed this is that there were assurances that the RMLD was within policy and discovered afterwards that may not be the case. It is mostly concerning about us as an organization and the way we approach these types of things when they come up. The CAB was certainly notified of the initial activities, but did not receive any subsequent information. We look forward to working very closely with the General Manager and the commission to make sure we have a good flow of information which serve our role as advisors to the organization and serve our communities by being advocates for them. It is really to the CAB an issue of process as much as policy. Policy cannot always dictate common sense. We are looking forward to bringing the communities input. Chairman Talbot commented that Mr. Mancuso's points are well taken. If there was any delay in the CAB getting information he will take the hit for that. Initially, he was gathering information and forwarding it immediately to the Town Accountant to figure out the best way going forward. If there was a need for him to let the CAB know about it, he apologizes for that. Mr. Mancuso said that it is acceptable and we look forward to working out a process. Chairman Talbot added that our understanding evolved over the weeks. At first we were reporting to the Town Accountant. The first he has heard from any CAB members was in the last couple of days. Mr. Mancuso thanked him for holding off on the policy vote. Chairman Talbot added that CAB member Dave Nelson also mentioned this as well. Policy Committee Vice Chair Pacino Draft RMLD Surplus Policy — This has been reviewed by legal counsel. Mr. Pacino reported that the Policy Committee met on July 1 with the Town Accountant, Sharon Angstrom and the Town of Reading Board of Selectmen, Chair Arena to specifically to discuss the truck issue and make some suggestions as to what the policy should be. Regular Session Meeting Minutes July 24, 2014 Policy Committee Vice Chair Pacino Draft RMLD Surplus Policy — This has been reviewed by legal counsel. r`r. Pacino said that the Policy Committee basically all along had been working with the General Manager and followed her ecommendation that the policy needed to be sent out, scrubbed, cleaned up, modernized and adjustments made. That meeting took place in short span of time after the truck issue happened. The decision was made at that point to send out the policies to legal counsel to get them cleaned up, scrubbed with the required changes. That is where it currently stands. The Policy Committee will meet within the next month once the policies are reviewed by legal counsel. One of items that has already been addressed is the Surplus Policy. The Policy Committee needs to meet again on this policy to make its recommendations prior to the Board approval and is requesting that the vote be deferred by the Board this evening, which has been addressed. Chairman Talbot commented that the RMLD will have one tightest policies in the state. Mr. Pacino suggested that all comments from the Board and CAB go the General Manager's office. Update on Charter Committee Vice Chair Pacino Mr. Pacino stated that in the Board packet there is a legal opinion from Rubin and Rudman. Mr. Pacino stated that he is a member of the Charter Review Committee that is reviewing and updating the Reading Town Charter. One of the issues being raised is that he needs guidance from the commission because in the By Laws and Charter there are a couple of items that are concerning to the General Manager and legal counsel. One is the appointment of the Accounting Manager and Chief Accountant of the Reading Municipal Light Department which is appointed by the commission and the second is the adoption of Massachusetts General Law, Section 30B. The legal opinion is that these two items conflict with state law. In Chapter 164 Section 56, the General Manager is responsible for all the employees of the Department. The only person that the RMLD Board is responsible for is the General Manager. The Board cannot reach into the Department and tell anyone what to do; we can go only through the General Manager and have always done this. The Charter in essence tried to change this. The other concern is MGL 30B in which he understands that the commission never voted on MGL 3013; he is unsure if it was intentional or unintentional, but he does not think the previous General Manager brought this to the commission for a vote. If we vote for MGL 30B, power contracts would come under MGL 30B which could be a problematic issue. Power contracts only stay open for a short period of time to go through the MGL 30B process you will not get the best deals. The third item is the presentation that the RMLD is to make to the Finance Committee. Mr. Pacino said that in the past, the ,:LD has had to remind the Finance Committee that we should make the presentation. One of things to do is to clean up language that says we will be making an informational presentation to the Finance Committee. Mr. Pacino explained that in 2003, a governance committee was set up by the Town of Reading to look into this. At that point some of the recommendations came into place. One recommendation was that the Board would appoint the Accounting Manager and MGL 30B would be put in place except for power contracts. There were other items proposed at that time such as the RMLD Board commission members are appointed which would have wreaked havoc with the three outside towns. These changes came out at this point. Mr. Pacino is looking for guidance and direction from the Board because the Charter Review Committee is meeting next Monday evening. Mr. Pacino has provided the Board with all the proposed changes that include what he presented to the Charter Review Committee, and Bill Brown's comments who is a member of this committee. Mr. Stempeck thanked Mr. Pacino. Mr. Stempeck said that each aspect has to be addressed separately. If there is any conflict with state law, we do not want to be in that area. It needs to be extremely clear from this point going forward that we are not in conflict with state law. There also has been a recommendation that the General Manager was going to look at components of MGL30B to see if certain pieces were appropriate and others that were inappropriate to negate conflict. Regarding the other provisions in terms of appointed versus elected, he is in agreement that this would significantly lessen the independence of the RMLD Board of Commissioners overall. This would cause significant issues given the fact that the RMLD services four towns, not only Reading. It could be a major issue as well. We need to be very careful moving forward and take a bit more time and need to provide guidance. The blanket acceptance of any of these cannot happen immediately. If there is any guidance, he would suggest to research each issue then come up with a recommendation. Chairman Talbot added that as part of their top to bottom policy scrubbing they will be doing that. Ms. O'Brien said that there is nothing that they can find that shows an RMLD Board of Commissioner vote was taken for MGL 30B. Only the RMLD Board of Commissioners can vote to adopt MGL 30B which cannot be done in pieces it has to be in its entirety. This would exclude the RMLD from being competitive in power supply completely. RMLD Policy 9, Procurement that essentially adopts MGL 30B in some fashion which is being sent out to be scrubbed. It is her commendation to continue to follow MGL 30B because it is good business practice, but would say in the policy where GL 30B does and does not make sense to protect any competitive process for the RMLD and its enterprise structure. The RMLD Board Policy 19, Board of Commissioners policy currently states that the Board can appoint the Accountant which is in violation of the law and that is why that policy is being sent out. Regular Session Meeting Minutes July 24, 2014 Report of the Chairman (Attachment 1) Update on Charter Committee Vice Chair Pacino Ms. O'Brien's overall recommendation is to wait for legal to come back with the recommendations on the revised policies to make sure they are not in violation of the law. At that point, you will be in a better position to take your comments to back Ij the Charter Review Committee. Chairman Talbot is agreement with that. Mr. Pacino added that in 2003, the Town of Reading's attorney disagreed with the memo from Rubin and Rudman. Reading's Town Clerk has submitted a copy of this current Rubin and Rudman memo to get the town's legal counsel's opinion on this. Mr. Stempeck commented that by submitting this to town counsel, isn't this a conflict of interest? Mr. Pacino said that the Rubin and Rudman opinion is being reviewed by the Reading town counsel. Ms. O'Brien explained the clarification is on who appoints RMLD's Accountant and counsel. Mr. Stempeck said that it is a conflict to submit this to town counsel for an opinion on this. Mr. Pollart said that the timing with respect to review relative to the Purchasing policy has been raised. Mr. Pollart said that a reasonable timeframe would be mid to the end of August. The policies need to be reviewed and the applicable law researched. Then they would meet with the applicable employees at the RMLD in charge of purchasing and figure what aspects of MGL 30B make sense for the Department and what aspects do not. Other good purchasing practices should be included. A draft policy will be put together and reviewed by RMLD staff then a final policy for the Board's review. Mr. Pollart stated that Massachusetts General Laws Chapter 164 Section 56, specifically state that the General Manager shall be responsible for hiring employees, agents and counsel. The Golubek decision has looked at aspects of Section 56 and the public cases have as well opined and further clarified that it is the General Manager exclusively that has the charge of all employees, agents and counsel at the RMLD. With respect to the Board, it plays an extremely important function of establishing and setting policy. One of the most important aspects of the Board besides policy is selecting a General Manager which is the sole authority of the Board. With respect to the Department and the day to day operations of the plant which includes the hiring of all these people, this is exclusively within the control of the General Manager. Ms. O'Brien said that the RMLD uses the same auditor as the town, Melanson Heath and is under the impression that this is in the spirit of cooperation not by law. Mr. Pollart said that is not required by law. The hiring of the auditor for the RMLD finances is up to the General Manager's discretion. Ij Mr. Soli said that the stressing of 30B is very important. Apparently the Town Charter says that RMLD should use 30B, but not for power supply. As it has already been pointed out if you take one bite you have to swallow the whole thing under 30B. For power supply contracts, typically the offer from the vendor is open for one hour. The RMLD has one hour to look at the offerings to make a decision and with Chapter 30B this could not happen. Apparently, no other muni has signed up for Chapter 30B because they have looked at that instance and realize it makes life unworkable. Mr. Soli said that the power supply issue needs to be addressed to the Charter Review Committee as well as Town Meeting. Mr. Pacino clarified the direction he should be taking on the charter changes. Based on the Board's input he is getting the direction that we are requesting that everything stands in place right now while the Department's policies are scrubbed, cleaned up and made new again then move forward at that point. The Board was in agreement. Public Comment There was no public comment. General Manager's Report — Ms. O'Brien Ms. O'Brien said that she would like Ms. Gottwald to provide a brief update on recent cable television on the unbundling of the bill. RMLD Utilizes local cable television to explain unbundling of its billing Ms. Gottwald reported that Ms. Parenteau, Ms. O'Brien and herself filmed the unbundling of RMLD's rates. Ms. Gottwald sent the commission members the YouTube link for this programming. There were no call ins from the public during the filming, but they had prepared questions. Discussion in the filming addressed a poster that demonstrated the new line items in the unbundled bill with the explanations RMLD's responsive communication program and paperless billing. RMLD's customers can sign up in the lobby at the kiosk for RMLD auto payment. The unbundled bill is also found on RMLD's website. Ms. O'Brien reported on the responsive communications program and that there was a meeting with a couple of town managers, police departments as well as fire chiefs this week. Regular Session Meeting Minutes July 24, 2014 General Manager's Report — Ms. O'Brien RMLD Utilizes local cable television to explain unbundling of its billing s. O'Brien stated that discussion involved utilizing the towns reverse 911 System whether it was Everbridge or Code Red. s. O'Brien said that Mr. Jaffari along with his staff have helped to put together the power watch and voltage reduction scenarios that could occur and go with those systems. Ms. O'Brien stated that as the RMLD works forward in its technologic strategic plan, it may come up with using their own system in the future. In the unlikely event there is an ISO New England grid system operator such as a public appeal for conservation or voltage reduction due to the shutdown of Salem Harbor, we want everyone to know. Ms. O'Brien stated that customers can sign up online or at the kiosks at the local police stations throughout the four towns. Ms. Gottwald added that the superintendents of schools in the four towns each has agreed that when the RMLD sends out an alert they will send the parents (for whom that have e-mail addresses) the alert. Chairman Talbot asked what do customers have to do receive such alerts. Ms. O'Brien said that there is a kiosk in RMLD's lobby to sign up for alerts. Ms. Gottwald explained that customers can go on their respective town's website and opt in to get the alerts. Chairman Talbot said that customers can get the alerts if they sign up for the public safety alerts on their respective towns websites. Ms. O'Brien said that the four town local cable televisions are also showing the alerts. Chairman Talbot said that this was a great initiative. General Manager's Report — Ms. O'Brien RMLD Receives $250,000 in LED grant money from Department of Energy Resources Ms. O'Brien reported that the RMLD is a recipient of a $250,000 grant by the Department of Energy Resources for energy efficiency programs for customers of municipal light plants. The intent was to expand cost savings and environmental benefits. The RMLD will receive $75,000 for commercial and industrial LED programs, $50,000 for residential LED programs and $31,250 for LED streetlight conversions for the four towns. It plays into the six year transparent capital budget that was calling for the LED conversion program over the next three years. The LED Pilot program now that the rates are unbundled - has a new LED streetlight rate as well as a new low income rate. The LED Pilot program will commence this week. Ms. O'Brien said that she will send the commission and CAB members the LED Pilot Program. Ms. O'Brien stated at she went to visit the four town managers and they are happy with the areas the RMLD will be piloting. Chairman Talbot aid that this was a great initiative. RMLD Teams with commercial customers on vehicle charging stations Ms. O'Brien reported that the RMLD is providing a joint venture partnership for the electric charging stations to businesses (commercial customers) for their employees to utilize. Any commercial or industrial customer that is interested in this program should contact the RMLD. The charging stations provide access to employees with electric vehicles. It also reduces greenhouse gases amongst other environmental benefits. It enhances employee benefits and increases recruitment. Charging stations are one mechanism that helps RMLD manage its peak demand. RMLD will assist customers to obtain the grants from the Commonwealth of Massachusetts to fund fifty percent of a unit with a cap of $25,000 per project. Chairman Talbot asked how this helps the peak: will the charging stations be switched off during that timeframe? Ms. O'Brien responded that the RMLD works with its customers with that partnership to make sure we are staying away from the peak. Chairman Talbot added that employees are at work during peak hours. The charging scheduling is played into that partnership so it is a win -win on both sides. Chairman Talbot said that this was a great initiative. Chairman Talbot said that RMLD is accessible to many major highways and there are more electric cars on the road. Consumers need electric charging stations that are near the highways, perhaps the RMLD can think of building charging stations which would be a good way to generate business. Ms. O'Brien cautioned that if anyone is interested in installing charging stations you cannot sell them for resale which is part of the terms and conditions. RMLD receives benefit from the retirement of MMWEC debt retirement Ms. O'Brien reported that for Mix 1, which consists of three megawatts of Millstone Nuclear Plant and 30KW of Seabrook Nuclear Plant, as of July 1 this debt reduction reduces capacity costs by $982,000 for this fiscal year which was included in the budget as part of the six year plan. Mixes 3, 4, 5, which are also combinations of Millstone and Seabrook, will be retiring their debt in 2017 and 2018 at a cost savings of $1.2 million apiece which was included in the budget. °ower Supply Report — May 2014 — Mr. Seldon (Attachment 2) Ir. Seldon reported that the RMLD's load for May was approximately 54.47 million kilowatt hour, which is approximately two million kilowatts less than May 2013. RMLD's energy cost was approximately $1.73 million, equivalent to $.0312 per kilowatt hour. Mr. Seldon stated that the Fuel Charge adjustment for May and June was $.065 per kilowatt hour. Regular Session Meeting Minutes ° July 24, 2014 Power Supply Report — May 2014 — Mr. Seldon (Attachment 2) Mr. Seldon said that the Deferred Fuel Reserve is projected to have a year -end fiscal year balance of approximately $2.175 million. RMLD purchased 6.5% of its energy requirements from the ISO New England Spot Market at an average cost of $.05 cents per kilowatt hour. RMLD's peak demand was 101.7 megawatts which occurred on May 12 at 6:00 pm with the temperature at forty nine degrees - last year the peak was 143.38 megawatts with a temperature of ninety two degrees. The monthly capacity requirement was 215.57 megawatts with the total capacity cost of $1.37 million which is equivalent to $6.38 a kilowatt month. Capacity and energy costs were approximately $.056 cents per kilowatt hour with 14.2% of the energy purchased from hydro generation or green power sources. The RMLD has received approximately 8,733 RECs with the estimated market value of approximately $376,000 which is $43 dollars per REC. Mr. Seldon reported that the RMLD's total transmission costs for the month of May were $628,000 which is approximately $256,000, 1% lower than April, which is attributed to the lower peak for the month. Energy efficiency measures dollars spent to date, or $397,657, with an estimated savings in capacity of 1.16 megawatts and a reduction of 2.7 million kilowatt hours. Note that the Financial Report and Engineering and Operations Report were taken out of order. Financial Report — May 2014 — Mr. Fournier (Attachment 3) Mr. Fournier presented the May Financial Report which represents the first eleven months of fiscal year 2014; the positive change in Net Assets of $1.3 million, with the year to date Net Income approximately a little over $1 million. Year to date budgeted Net Income was approximately $3 million with the resulting Net Income being under budget by approximately $2 million. Actual year to date fuel expenses exceeded fuel revenues by about $322,000. Year to date base revenues were under budget by $1.3 million. Actual base revenues were $42.4 million compared to the budgeted amount of $43.8 million. Year to date purchased power base expenses were under budget by $178,000. Actual purchased power base costs were $26 million compared to the budgeted amount of $26.2 million. Year to date operating and maintenance (O &M) expenses combined were under budget by $67,000. The actual O &M expenses were $11.6 million compared to the budgeted amount of $11.7 million. Depreciation expense and voluntary payments to the Towns were on budget. Operating Fund was at $11.6 million, Capital Fund $4.3 million, Rate Stabilization Fund $6.7 million, Deferred Fuel Fund $2.2 million and the Energy Conservation Fund at $452,000. Year to date kilowatt hour sales were 632 million kilowatt hours sold which is 10 million kilowatt hours or 1.5% behind last year's actual figures. Mr. Fournier stated that the June inventory physical count was performed, which went well. The accounts receivable confirmations were sent out the first full week of July and he encourages our customers to respond. The audit field work is scheduled for the week of August 18. The auditors will make their full report at the September meeting. Mr. Fournier reported that cumulatively the five divisions came in under budget by $42,000 or'/ of 1 %. Chairman Talbot pointed out that sales are down by 1.5 %, sales are drifting down. What does Mr. Fournier attribute this to? Mr. Fournier replied that it is the conservation efforts and weather. Chairman Talbot clarified that if the weather was averaged for a year, it would be the same. Chairman Talbot pointed out that the overall business model is flat in spite of the development continuing and that sales are in decline and something for all of us to keep in mind. There will be less sales and more pressure on our finances. It suggests new ways to drive the business in different directions with new initiatives and not what we are doing now. Regular Session Meeting Minutes July 24, 2014 Financial Report — May 2014 — Mr. Fournier (Attachment 3) Mr. O'Rourke clarified if we looked at sales month to month, is it a constant decline? Mr. Fournier said that from last May are down 2 million kilowatt hours. Even last year at this time we were down 2 million kilowatt hour sales. Mr. Fournier ted that is a combination of the weather and conservation efforts. Chairman Talbot said that in theory the weather related affects over a year should be averaged. The drifting down in demand and drifting up of fixed costs such as transmission that will put pressure on us in the long term. Engineering and Operations Report — May 2014 — Mr. Jaffari (Attachment 4) Mr. Jaffari stated that he will be reporting on the May System Projects, and Reliability Indices. FY 2014 Capital Authorization proiects Mr. Jaffari reported that System Project 101 — 5W9 Reconductoring — Wildwood Street 50% complete, Project 104 — Upgrading Old Lynnfield Center URDs (Cook's Farm), Project 106 — URD Upgrades — All Towns ongoing, and Project 107 — Stepdown Area Upgrades — All Towns ongoing, Project 111— Station 4 — Gaw Getaway Replacement — 4W 13 ongoing. Mr. Jaffari reported that in May there were no Customer Service Connections for Commercial/Industrial, but some activity for service installations. For the routine construction and capital improvements the following occurred in the month of May: five capital projects were completed that included the towns of North Reading, Reading and Wilmington. The RTU Replacements at Station 5 is ongoing. For the underground subdivisions (new construction), three are completed (one in Wilmington and two in Reading). There were miscellaneous capital costs of $57,724 in the month of May with the total activity in the amount of $156,664. Maintenance Mr. Jaffari said that RMLD has established seven preventative maintenance programs to minimize outages and maintain reliability and that they are all "works in progress ". In the month of May, the following has occurred: Aged/Overloaded Transformer Replacement Program: Three padmount transformers were replaced in the following towns; (1) Duane Dr, N. Reading; (2) Amherst Rd, Wilmington; and (3) Blanchard Rd, Wilmington. Additionally, the three phase nadmount transformer inspection is ongoing. (b�ole testing: Pole testing RFQ was sent out in which one bidder quoted for sound testing and no electronic testing was requested by RMLD. RMLD would like to utilize nondestructive electronic test method, the RFQ is being resent with the hope of seeking more vendors. Feeder Quarterly inspection Program: The 13.8kV/35k quarterly feeder inspections are being done as planned with four completed in the month of May /June. Manhole Inspection program: Mr. Jaffari reported that the manhole inspection program is in development. Porcelain Cutout Replacement Program: Total of 44 cutouts were replaced in the month of May. Infrared Scan (Monthly): No scan in the month of May. This program officially started in June 2014, with no significant problems at the substations.. Substation Maintenance Program: UPG is continuing testing all transformers, breakers, and relays at all substations. Reliability indices Mr. Jaffari reported on the three reliability indices that the RMLD tracks. SAIDI (System Interruption Duration Index) year to date 2014 is at 6.26 and is well below the Regional Average and National Average. SAIFI (System Average Interruption Frequency) year to date 2014 is at 0.16 and is lower than the Regional Average and National Average. CAIDI (Customer Average Interruption Duration Index) year to date 2014 is at 38.13and is lower than the Regional Average and the National Average. Mr. Jaffari stated that the 2010 -2014 Outage Causes Types chart demonstrates that forty eight percent of failures were due to equipment failure (i.e. transformers and cutouts) followed by trees and wildlife. (,,,.r. Soli clarified that for the capital budget is $6.1 million, there is $2.7 million remaining - will these be carried over? Mr. Jaffari replied: "that is correct ". Regular Session Meeting Minutes July 24, 2014 General Discussion There was none. BOARD MATERIAL AVAILABLE BUT NOT DISCUSSED E -Mail responses to Account Payable/Payroll Questions RMLD Board Meetings Thursday, September 25, 2014 Thursday, October 30, 2014 Executive Session At 9:00 p.m. Mr. Pacino made a motion seconded by Mr. Soli that the Board go into Executive Session to approve the Executive Session, discuss mediation and union negotiations update, and return to Regular Session for the sole purpose of adjournment. Chairman Talbot polled the Board. Motion carried by a polling of the Board: Mr. Soli; Aye; Mr. Pacino; Aye ;Mr. O'Rourke; Aye; Chairman Talbot, Aye and Mr. Stempeck, Aye. Motion carried 5:0:0. Adjournment At 9:09 p.m. Mr. Pacino made a motion seconded by Mr. Soli to adjourn the Regular Session to adjourn. A true copy of the RMLD Board of Commissioners minutes as approved by a majority of the Commission. Thomas O'Rourke, Secretary Pro Tern RMLD Board of Commissioners P] [ "I Revision No. 4 General Manager /Date: I. PURPOSE RMLD Policy No. 2 SURPLUS MATERIAL Effective Date: Chairman /Date: The purpose of this Policy No. 2 SURPLUS MATERIAL is to provide administrative controls and procedures for use by the RMLD in disposing of surplus property to maximize the value of the disposal of such surplus property to RMLD. This policy does not apply to the disposal of real estate. II. DETERMINATION OF SURPLUS PROPERTY Surplus property is personal property in the custody and control of RMLD which is either: (a) In excess of RMLD's needs due to change in operations or personnel or other changes in circumstances; (b) Replaced by new or substitute property; (c) Damaged and non - repairable or unecono a tsts of repairs; (d) In poor or hazardous condition; or (e) Obsolete and no longer suits RMLD's e Each RMLD Department shall identif th'` deems to be surplus. The General Manager or his /her designee shall m the` e ' ation whether any such property constitutes surplus to RMLD's needs and sha : e desi x to for disposal. Such determination shall be made in writing identifying the reasons I decl_` ng the property surplus. III. ASSIGNING VALUE Upon declaring property as surplus, the estimated value of the property shall be determined. RMLD will determine the fair market value ( "FMV ") of such property based on the best available sources. For vehicles, FMV shall be determined based on Kelley Blue Book, Edmunds, NADA Guides or any other nationally recognized service that values vehicles for similar vehicles. For other property, including commercial or service vehicles not listed in Kelley Blue Book, Edmunds, NADA Guides or a similar source, FMV shall be determined based on quotes, trade -in offers, available sales data, appraisal or industry sources for similar property or vehicles, as may be adjusted for specific make and model, year, condition, and special equipment and features, and other factors deemed relevant. If FMV cannot reasonably be determined for a particular property then RMLD will estimate the value of such property based on its salvage value, which shall be based on its original purchase price less depreciation as determined by the RMLD. For property having no tangible resale or salvage value, the property shall be designated as scrap. The estimated value of the property, including scrap, and the sources consulted shall be documented and kept on file. The final determination of the property's estimated value ATTACHMENT 1 shall be subject to review and approval by the General Manager or his /her designee. IV. CATEGORIZATION OF SURPLUS PROPERTY Once values are determined pursuant to Article III, property shall be categorized as follows: (1) Scrap — property having no tangible or resale value; (2) Substantial Value — property having a FMV in excess of $10,000; (3) Moderate Value — property having a FMV in excess of $500 but less than $10,000; and (4) Nominal Value — property having a FMV of $500 or less. If the surplus property will be sold separately as individual units, the property shall be categorized based on the value of each individual unit. For property to be sold as a set or collection, the property shall be categorized based on the estimated value of the set or collection. Items customarily sold as a set shall not be treated as individual units to evade or bypass applicable disposal procedures. However, RMLD, in its discretion may determine whether to dispose of property on an individual unit basis or as part of a set or collection in order to maximize revenue. In such instances, the reasons shall be documented and kept on file. The final decision whether to utilize a single solicitation or separate solicitations for multiple items shall be subject to the review and approval of the General Manager or his /her designee. V. ELECTRIC UTILITY- SPECIFIC AND COMM RMLD will identify any property that it co s be electric utility- specific. Electric utility- specific property is property that ty, c , I ly an electric utility or a company or person in the electric utility trade is Ii a an interest in acquiring. For electric utility- specific property of S_ ar V RMLD will determine whether an established market exists f " r s disposal. An "established market" is one in which commodities are r larly so in holesale lots and prices are set by open competition as interpreted s of rwise defined by the Massachusetts Inspector General or agency of the Comrir` Ith or a court having jurisdiction over the disposal of property by federal, state, and cal governmental entities. Trade journals and other trade publications, online advertising sources. and other industry or market resources for the advertisement and sale of electric utility- specific vehicles and equipment, as well as other commercial vehicles, regardless of value. shall be identified and documented. The list shall be reviewed every six (6) months and updated as necessary. VI. DISPOSAL PROCEDURES. A. Scrap. Scrap may be destroyed, recycled, or disposed of via a scrap bid or other method as determined by RMLD in its discretion based on the particular circumstances and costs of disposal. RMLD will endeavor to recycle, salvage and /or minimize the cost of disposal of scrap to the extent reasonably possible. B. Right of First Refusal. With the exception of scrap and electric utility- specific property, RMLD will offer surplus property to the Towns of Reading, North Reading, Wilmington, and Lynnfield (collectively "Towns ") at FMV before offering the property to the general public. Vehicles. Vehicles will be offered to the Towns at FMV on a rotational basis. The rotational sequence is Reading, North Reading, Wilmington, and Lynnfield. Should a town decline an offering, the next town in the sequence will be contacted and offered the vehicle.When more than one vehicle is available, the town in position to receive the offering will have first choice of available vehicles. Remaining vehicles will be offered to the other towns per the established rotation. Other Propert y. RMLD will offer other surplus property to the Towns at FMV on a first come, first served basis. RMLD will notify the Towns in writing. The Towns will have 30 days from the date of RMLD's notice to submit a notice of intent to purchase the property before RMLD offers the property to the general public. Notice of intent to purchase shall be made in writing and signed by an officer with authority to approve the purchase. If more than one town provides RMLD with a notice of intent to purchase the property at the same time, preference will be given based on the rotational sequence. If no town has provided RMLD with a written notice of intent within the 30 -day period, RMLD may proceed to offer the property to the general public pursuant to applicable procedures. C. Substantial Value. Property determined to have Substantial Value only shall be disposed of in compliance with G.L. c. 30B requirements and such supplemental requirements and procedures set forth in this policy and /or as determined by the General Manager in his /her discretion. The General Manager shall have authority to impose additional requirements if he /she determines that it is in the best interests of RMLD to do so. Where an established market exists for the property, RMLD may dispose of the property through the established mar ket o - de -in if RMLD determines that it is advantageous to do so. The reasons sha mented and the decision shall be _ subject to the approval of the General Man or er designee. For all other property, a competitive ic' ocess shall be used. RMLD shall evaluate whether a written comp d cess or auction, including an online auction such as Ebay, pres s t os , antageous approach given the property to be sold. The proc„ , all notices, shall conform to G.L. c. 30B requirements. RMLD shall consider whet ZML mpose a minimum bid price or other terms and conditions of the sale. At am m, RMLD shall reserve the right to reject any and all bids if it is in RMLD's best interest to do so. In addition to complying with G.L. c. 30B notice requirements, RMLD shall post a notice on its website and advertise the solicitation in appropriate print and online sources intended to reach potentially interested buyers. Commercial and electric utility- specific vehicles and equipment shall be advertised in at least two sources identified on the list as set forth in Article V. RMLD also will provide the Towns with direct written notice. RMLD shall award the bid to the highest bidder who meets the requirements of the solicitation, unless RMLD determines that it is in its best interest to reject the bids. If RMLD rejects the bids, RMLD may resolicit bids or negotiate the sale at a higher price than the highest bid price as permitted by G.L. c. 30B. All bidders, including participants in an auction, shall submit a non - collusion certificate as required by G.L. c. 30B. The sources of advertising, the specific method of disposal, and the award process, shall be documented and subject to the approval of the General Manager or his /her designee. loll VIII. D. Moderate Value. Property of Moderate Value shall be sold through the best available means in order to obtain the highest price for RMLD. In determining the specific disposal and advertising methods to be used, the costs of disposal shall be weighed against the expected yield to RMLD. Among other options, as determined by RMLD under the circumstances, disposals may be made through a competitive bid or auction process to the highest bidder as provided in Article VI.0 or sold for FMV or "best offer" after advertisement. When offering to sell surplus property to the general public, to the extent practical, RMLD shall advertise the sale in the local newspaper, on its website and in appropriate print and online sources intended to reach potentially interested buyers. Commercial and electric utility- specific vehicles and equipment should be advertised in at least two sources identified on the list as set forth in Article V. RMLD also may negotiate the sale of the property or dispose of the property through less formal means after receiving three quotations or as RMLD deems appropriate under the circumstances. If RMLD solicits quotations, RMLD shall not be required to sell the property to the person providing the highest quotation, but the highest quotation shall be used as the benchmark for negotiating and approving the sale. The purchaser of property having Moderate Value shall re required to sign and submit a non - collusion certificate. The reasons and sources for the method of disposal and the award process shall be documented and subject to the approval of the General Manager or his /her designee. _1 E. Nominal Value. Property of Nominal business practices. The process and sG ADDITIONAL TERMS AND A. All property shall be disposed of using sound ented and kept on file. "as is" without any warranties of any kind. B. The purchaser shall re e R D, in writing, from all liabilities concerning the property. The Purchaser mu ide for removal, transportation, storage, etc. at no cost to the RMLD. C. The purchaser shall have the responsibility to provide for the removal, storage and transportation of the property at its sole expense. The purchaser shall remove the property at a time and location designated by RMLD. PROHIBITION ON SALES TO EMPLOYEES, BOARD OF COMISSIONER MEMBERS AND BOTH OF THEIR IMMEDIATE FAMILIES. RMLD employees and RMLD Board of Commissioner members and both of their immediate families shall not be eligible to purchase or otherwise receive RMLD surplus property regardless of price or method of disposal used. This prohibition also applies to competitive solicitation processes. IX. ADMINISTRATIVE REVIEW AND REPORTING. All disposals shall be subject to the administrative review of the General Manager. The General Manager shall make such reports as required by the RMLD Board of Commissioners. PC Ic PRIVILEGED /CONFIDENTIAL/ATTORNEY WORK PRODUCT RU B I N and 1 RUDMA.N LLP Attorneys at Law T: 617.330.7000 F: 617.330.7550 50 Rowes Wharf, Boston, MA 02110 MEMORANDUM By Electronic Mail To: Coleen O'Brien, General Manager Reading Municipal Light Department From: Christopher Pollart, Kenneth Barna and Karla Doukas Re: Proposed Town Charter Provisions Date: June 26, 2014 As the General Manager of the Reading Municipal Light Department ( "RMLD ") appointed pursuant to G.L. c. 164, § 56, you have asked us to review the proposed provisions of the Town of Reading, Massachusetts Home Rule Charter ( "Town Charter ") as applied to RMLD. Section 3 -5 of the Town Charter addresses the Municipal Light Board of Commissioners ( "Light Board ") and its role with respect to RMLD. We have reviewed this section in its entirety, including the specific changes that have been proposed to the existing Section 3.5. We note that the following key changes to that section have been proposed: (1) The deletion of language regarding the Light Board's authority over real estate, facilities, personnel and equipment pertaining to the production and transmission of electrical power; I and (2) The addition of language concerning the Light Board's authority and duty to "set the duties and terms of employment" of the General Manager. Language has been deleted regarding the Light Board's specific authority to set the compensation of the Specifically, the following language has been deleted: The Municipal Light Board of Commissioners shall have charge of all real estate, facilities, personnel and equipment of the Town pertaining to the production and transmission of electrical power both within the Town and elsewhere. We note that this provision is unnecessary given that the Light Board will continue to have control over those matters that are within its legal jurisdiction, such as real estate that has been transferred by the Town to the care, custody and control of the Light Board pursuant to G.L. c. 164, G.L. c. 40, § 3. See also Harris v. Town of Wayland, 342 Mass. 237, 240 (1484). 15069374 General Manager and to terminate the General Manager's employment by majority vote after notice and a public hearing.2 The proposed Town Charter retains certain provisions that cause us some concern. This includes the following three provisions: (1) provisions providing the Light Board with authority to hire certain specified positions; (2) provisions requiring that all contracts be made in accordance with G.L. c. 30B (the Uniform Procurement Act), with the exception of power supply purchases; and (3) provisions requiring the Light Board to annually set rates, approve an annual budget and Capital Improvements Program ( "CIP ") and present the budget and CIP to Finance Committee and Town Meeting. Importantly, we note that the proposed Town Charter does not subject the RMLD budget and CIP to Finance Committee or Town Meeting approval. With respect to the first set of provisions, we note that G.L. c. 164, § 56 comprehensively deals with the hiring of the General Manager, the respective powers of the General Manager and the Light Board, and the General Manager's accountability to the Light Board. That statute states in relevant part: The ...municipal light board ... of a town acquiring a gas or electric plant shall appoint a manager of municipal lighting who shall, under the direction and control of the... municipal light board ...and subject to this chapter, have full charge of the operation and management of the plant, the manufacture and distribution of gas or electricity, the purchase of supplies, the employment of attorneys and of agents and servants, the method, time, price, quantity and quality of the supply, the collection of bills, and the keeping of accounts. His compensation and term of office shall be fixed in cities by the city council and in towns by the selectmen or municipal light board, if any; and, before entering upon the performance of his official duties, he shall give bond to the city or town for the faithful performance thereof in a sum and form and with sureties to the satisfaction of the mayor, selectmen or municipal light board, if any, and shall, at the end of each municipal year, render to them such detailed statement of his doings and of the business and financial matters in his charge as the department may prescribe. G.L. c. 164, § 56 (emphasis added). While the Town of Reading has broad powers of self - governance, town charters adopted or amended in accordance with G.L. c. 43B only have the effect of law so long as they present no conflict with laws enacted by the Legislature. 3See, e.g., Kowalczyk v. Town of Blackstone, 48 Mass.App.Ct. 58, 59 (1999); and City Council of Boston v. 2 We think these changes are fine as the Light Board has this authority pursuant to G.L. c. 164, § 56. 3The Home Rule Amendment does not render ineffective all those general laws concerning cities and towns which were enacted prior to its adoption. See, e.g., Bloom v. City of Worcester 363 Mass. 136 (1972). As the court recognized, language in the Home Rule Procedures Act shows that the Legislature intended that pre -Home Rule Amendment general laws be fully applicable to municipalities in the exercise of their legislative powers. Id. at 149- 50. In general, local action running directly contrary to the provisions of a state statute are not valid under the "repugnancy" test. See id. at 154. In contrast, a town charter adopted or amended through special legislation may conflict with or alter general laws with respect to that city or town. 2 Mayor of Boston, 383 Mass. 716, 719 (1981). G.L. c. 43B, § 20 addresses certain potential conflicts and provides in pertinent part that, The provisions of any charter or charter amendment adopted pursuant to the provisions of this chapter [43B] shall be deemed consistent with the provisions of any law relating to the structure of city and town government, the creation of local offices, the term of office or mode of selection of local offices, and the distribution of powers, duties and responsibilities among local offices. G.L. c. 43B, §20. While G.L. c. 4313, § 20 seemingly allows the transfer of duties among officers and boards, after the enactment of G.L. c. 43B, § 20, the Appeals Court, in Golubek v. Westfield Gas & Elec. Light Bd., 32 Mass. App. Ct. 954 (1992), stated that local legislation cannot alter the comprehensive statutory scheme pertaining to municipal light plants. Golubek delineates the respective powers of the General Manager and Light Board, specifically finding that a "charter provision cannot alter the statutory power of the manager to hire employees and attorneys." Id. at 956 (emphasis added). Accordingly, the Golubek decision squarely addresses the effect of town charter provisions that confer authority to the Light Board to make hiring decisions which otherwise limit the authority and the duties of the General Manager as set forth in G.L. c. 164, § 56. Thus, the provisions granting to the Light Board the authority to hire certain specified positions are inconsistent with G.L. c. 164, § 56 and the Golubek decision and are not permitted by local Home Rule action. With respect to the second set of provisions, we address the legality of Town Charter provisions attempting to require that RMLD follow Chapter 30B procurement procedures for all RMLD purchases other than power supplies.4 In summary, the Town Charter provisions do not constitute an acceptance of G.L. c. 30B and legally cannot require RMLD to follow the provisions of G.L. c. 30B. We do note, however, that the Light Board does have the authority to implement a purchasing policy that follows some of G.L. c. 30B, which the Light Board has chosen to do. A more detailed analysis of the Chapter 30B issue is set forth below. With respect to the third set of provisions, i.e., the Light Board's authority to approve rates and budgets, such duties are generally consistent with the Light Board's policymaking role (rates and Terms and Conditions for service are policy- related matters) and case law regarding budgets and expenditures. See Peabody Municipal Light Commission v. Peabody, 348 Mass. 266, 268, 270 (appropriations for the "expense of the plant" may be made by vote of municipal light commission on a budget submitted by the manager). Provided that the Light Board's duties under these provisions are carried out in accordance with G.L. c. 164, we think these provisions °The relevant Town Charter provision states: The Municipal Light Board [of Commissioners] shall approve warrants for payments of all bills and payroll of the Municipal Light Department and shall approve all contracts which are at or above the competitive sealed bid procedures level as stated in Massachusetts General Laws Chapter 30B Section 5 and, further, all contracts shall be made in accordance with Massachusetts General Laws Chapter 30B. Contracts for purchasing of power shall not be subject to Massachusetts General Laws Chapter 30B but shall be approved by the Municipal Light Board [of Commissioners]. Proposed changes are identified by brackets. No substantive changes to this provision have been proposed. 3 are legally fine. We note that the presentation of the budget to the Finance Committee and Town Meeting is fine, provided that such presentation is informational only and there is no further approval requirement. "The budget of the light department is to be determined in accordance with c. 164 and not by the procedures of c. 44." See Peabody, supra, at 273. We also note that the Light Board's approval of a CIP is fine as it pertains to the Light Board's role over plant acquisition and management under G.L. c. 164, § 55 and provided it does not limit the General Manager's authority under G.L. c. 164, § 56 to make specific procurement decisions. Further, we note that the expansion of plant only requires Town Meeting approval when debt will be incurred and thus, expenditures for capital improvements from RMLD funds, to the extent permitted by G.L. c. 164, may be made upon vote of the Light Board, as set forth by Peabody, supra. The Home Rule Procedures Act presents complicated legal issues particularly respect to municipal light plants, such as RMLD. Municipal light plants are not typical town departments.5 Municipal light plants are "quasi- commercial" entities created by special act. See, e.g., MacRae v. Concord, 296 Mass. 394, 396 (1934); Spaulding v. Peabody, 153 Mass. 129, 137 (1891). They are public service corporations providing public service functions to the same extent as investor -owned utilities. Planning Bd. of Braintree v. Department of Pub. Utils., 420 Mass. 22, 27 (1995). As the Supreme Judicial Court ruled, each has the same "duty to exercise [their] franchise for the benefit of the public, with a reasonable regard for the rights of individuals who desire to be served, and without discrimination between them. " See id. at 27 -28; Bertone v. Department of Pub. Utils., Mass. 411 Mass. 536, 544 (1992). To fulfill its franchise obligations to provide reliable service at reasonable rates, the operation of municipal light plants is subject to a comprehensive statutory scheme under G.L. c. 164 and subject to certain supervision of the Department of Public Utilities ( "DPU "). To the extent that questions remain concerning the effectiveness of a charter provision to alter the statutory roles and authority of the General Manager and the Light Board, RMLD may want to seek a declaratory judgment from the court. Detailed Analvsis of Chanter 30B Issues Concerning the legality of the Town Charter provisions that purport to require that RMLD follow the Chapter 30B process, we note that on February 28, 2003 and April 22, 2003, we provided RMLD with our legal analysis addressing this issue. For your convenience, we have attached those two memoranda. There have been no changes (statutory or factual) or any court decisions that change our analysis in those two memoranda. By statute, contracts of municipal light boards are exempt from Chapter 30B procedures and requirements unless expressly adopted by the Light Board. G.L. c. 30B, § 1(14) provides in relevant part that the Uniform Procurement procedures found at G.L. c. 30B shall not apply to: ... any contracts or agreements entered into by a municipal gas or electric department governed by a municipal light board, as defined by section fifty -five of chapter one hundred and sixty-four or by a municipal light commission, as 5Home Rule analysis is generally complex and there is not a lot of case law on the subject. Moreover, the statutory and regulatory scheme governing municipal light plants and the operation of the electric industry in general are fairly complex and unique. Accordingly, applying Home Rule principles to municipal light plant operations presents particularly complex and unique issues. 4 defined by section fifty -six A of said chapter one hundred and sixty-four; provided, however, that any such board or commission may accept the provisions of this chapter by a majority vote of its members... According to Light Board meeting minutes that we have reviewed, at its April 22, 2003 meeting, the Light Board considered a recommendation of the Citizen's Advisory Board to seek special legislation subjecting RMLD purchases to Chapter 30B with the exception of power supply contracts. This recommendation was passed on to Annual Town Meeting via vote of the Light Board. In addition, the Light Board also considered the recommendations of the Ad Hoc Committee seeking a charter amendment subjecting RMLD purchases to Chapter 30B. At that meeting, the Light Board was advised that for Chapter 30B to be binding, the Light Board would need to take a vote to accept Chapter 30B. According to the minutes of the April 22nd meeting, there was no consensus among the Light Board whether to follow Chapter 30B. Ultimately, the Light Board voted "to recommend the subject matter of Article 7 before Annual Town Meeting...". Moreover, it is clear from the minutes that the Light Board was advised that any Town Meeting vote would not be effective to bind RMLD. In fact, Board minutes document a discussion concerning the fact that special legislation would be required to alter RMLD's authority. Accordingly, we conclude that the Light Board vote forwarding the Ad Hoc Committee recommendation to Town Meeting did not constitute a vote to accept Chapter 30B. At the April 28, 2003 Town Meeting, Town Meeting approved a charter provision that, among other things, required that all RMLD contracts be made in accordance with Chapter 30B, with the exception of power supply contracts. At its May 28, 2003 meeting, the Light Board stated that it did not want to challenge the charter provision at that time. Accordingly, the validity of the charter provision has not been legally tested in court. Against this historical backdrop, Section 3 -5 of the Town Charter purports to take the authority away from the Light Board to decide whether Chapter 30B procedures are viable in light of the specific operational needs of the plant. Towns generally lack such authority. It is well settled that municipalities were divested, early on, of control over the management of their light plants and such authority was transferred to the municipal light board. Capron v. Taunton, 196 Mass. 41 (1907); Whiting v. Mayor of Holyoke, 272 Mass. 116 (1930). The municipal light board is vested with all the powers and duties formerly exercised by the mayor and the selectmen with respect to light plants and with all of the powers and duties conferred upon municipal light boards under G.L. c. 164. Adie v. Mayor of Holyoke, 303 Mass. 295 (1939). As the Supreme Judicial Court repeatedly has acknowledged, "a municipality can exercise no direction or control over one whose duties have been defined by the legislature." See Municipal Light Commission of Taunton, 323 Mass. 79, 84 (1948) (internal citations omitted). Moreover, as stated in Golubel; supra, Town Charter provisions adopted through the local process cannot alter statutory duties (or authority). As discussed above, our review of certain Light Board meeting minutes does not reveal a vote taken by the Light Board accepting Chapter 30B. Even if the Light Board accepted G.L. c. 30B procedures, the Town Charter provision impermissibly would 5 make such a decision irrevocable in that Town Charter changes would be needed to change the applicability of Chapter 30B.6 Under the principles of the Home Rule Procedures Act, a Town Charter adopted through local action could not make G.L. c. 30B applicable to RMLD contracts. Currently, there is a comprehensive legislative scheme governing the powers and duties of municipal light plants, municipal light commissions and municipal light plant managers under G.L. c. 164. Included in this comprehensive scheme, as discussed in our February 28, 2003 memorandum, are statutes that provide that the municipal light plant manager under Section 56 has exclusive authority to purchase supplies for the light plant. Further certain purchases of supplies and generation and distribution equipment (over $10,000) are subject to prior public advertising requirements and submission of sealed proposals under G.L. c. 164, § 56D. Significantly, G.L. c. 30B represents a uniform scheme for the procurement of goods and supplies by governmental entities on a statewide basis. It would therefore appear that the Legislature has precluded local legislation that would impair the operation and effect of G.L. c. 30B. The Town Charter provision directly conflicts and abrogates the Legislature's statute that specifically excludes municipal light plants from the provisions of G.L. c. 30B unless the Light Board voted to specifically adopt Chapter 30B. As discussed above, we have found no evidence that the Light Board took such a vote. The Legislature would not have expressly included a specific statutory clause in Chapter 30B that explicitly excludes municipal light plants from its requirements unless the municipal light board explicitly voted to accept its provisions only to allow a locally adopted town charter to impose such a requirement on a municipal light plant. If the Legislature wanted locally adopted town charters to be able to impose Chapter 3013's requirements on municipal light plants, it would have made changes to Chapter 30B and specified so in Chapter 30B. Further, G.L. c. 43B, § 20 would not "save" the Town Charter provision applicable to procurements, which only deems consistent (in certain situations) local action with respect to the structure of town government, the creation of local offices, the term of any office, or the distribution of powers among local offices. Currently, the Town of Reading has no authority or role in the purchases of goods and services made by RMLD other than its ministerial involvement in the payment of warrants. The applicability of G.L. c. 30B to light plant purchases is not viable. Indeed, We are aware of no municipal light board which has adopted Chapter 30B. Due to the structure of power markets, it would not be possible for RMLD to enter into agreements for power supply. In order for RMLD to provide reasonable rates to its customers consistent with its franchise obligation (and remove volatility in pricing), RMLD must decide, on a daily basis, the type of transactions RMLD will enter into- i.e., whether they will rely on the market hourly price or enter bilateral agreements. Power supply comprises 70% of rates. These power supply decisions must be made quickly in order to secure the best price for RMLD. The commodity power market for electricity moves too quickly on an hour -by -hour or daily basis for RMLD's power contracts to be subjected to such cumbersome, competitive bidding process. There is no `'We note that acceptance of local option statutes generally can be rescinded by Board vote. See, eg., G.L. c. 4, § 4B (allowing cities and towns to rescind previously accepted laws). 0 exemption in G.L. c. 30B that excludes power supply transactions entered into by municipal light plants. While the Town Charter purports to exclude power supply purchases, Chapter 30B does not allow municipal light plants to accept its provisions piecemeal. It is a local option statute. It is either accepted by taking the action specified in the statute or it is not. Towns do not have authority through local Home Rule procedures to amend statutes as applicable to them, just as the Town lacks authority to decide which provisions of Chapter 30B it would follow for purchases by other town departments. Thus, if Chapter 30B applies to municipal light plants, these light plants could not purchase power in the deregulated power market where purchasing decisions often have to be made within an hour. Since power costs represent about seventy (70 %) percent of the total budget for a light plant, light plants could not operate or exist without the ability to enter into power purchase agreements. This is why no municipal light plant board has voted to accept Chapter 30B. However, to the extent the Light Board determines that certain precepts of Chapter 30B are prudent and viable, it may adopt identical or similar procedures through a procurement policy. Indeed, RMLD adopted a ? rocurement policy under the prior General Manager that incorporates Chapter 30B precepts. 'The emergency procurement provisions set forth in G.L. c. 30B, § 8 are inapplicable as such exception only applies when the time required to comply with the competitive bidding procedures "would endanger the health or safety of the people or their property." The exemptions in G.L. c. 30B, §l(b) (32), (33) likewise are inapplicable as they only apply to energy aggregation contracts and energy purchases by aggregators. Even then, the contract must be submitted to the DPU, Department of Energy Resources, and the Office of the inspector General along with a report describing the process used to execute the contract. Municipal light plants no longer are required to submit power supply contracts to the DPU under G.L, c. 164, § 56D or any other state agency. $Pursuant to Section I11B of RMLD Policy No. 9, effective June 27, 2007, RMLD is to follow Chapter 30B procurement practices with respect to the purchase of goods and service for the general use of RMLD in its normal operations. While the procurement policy, No. 9, follows Chapter 30B practices and procedures, it does not include any language indicating that the process is mandated by law. To the contrary, Policy No. 9 uses terms such as "Guidelines," subjects power contracts to a negotiated process, and adopts more stringent requirements for other purchases than Chapter 30B, suggesting that the practices reflect Light Board policy rather than a binding acceptance of Chapter 30B. Moreover, the attachment to RMLD Policy #2 governing surplus material contains language indicating that RMLD is exempt from Chapter 30B and the Town of Reading Bylaws. Accordingly, it appears that RMLD has been observing Chapter 30B procedures on a voluntary basis, to the extent feasible, through the adoption and implementation of policies. We note that this Light Board policy presents a viable approach because it allows RMLD to purchase necessary electric equipment and power supplies through other methods (such as G.L. c. 164, § 56D) as the circumstances warrant. RMLD requires this flexibility for electric system purchases in order to meet its franchise obligations. By accepting Chapter 30B, in all cases, RMLD would have to follow the cumbersome, time consuming and costly competitive bidding process to purchase transformers and other electric equipment and facilities. Any deviation, even if warranted for legitimate business reasons, could subject RMLD to bid protests and invalidation of contracts for needed facilities. See, e.g., G.L. c. 30B, § 17(b). Under Massachusetts law, any bidder or proposer competing for a public contract can challenge the award of that contract in court on the grounds that the awarding authority did not comply with public bid laws. A concerned citizen may also bring a Chapter 30B bid protest to Inspector General's Office. See The Chapter 30B Manual: Legal Requirements, Recommended Practices, and Sources of Advice for Procuring Supplies, Services, and Real Property, Office of the Inspector General, at 111 (2011). As the Inspector General has acknowledged, preparation of the purchase description is often the most difficult — and most important — step of any procurement under Chapter 30B. Vague purchase descriptions often result in vendor protests and cancelled procurements. if a public entity awards a contract using a vague purchase description, the VA Please do not hesitate to contact us if you have any questions or comments. public entity may be required to pay for supplies or services that it does not need, and the public entity likely will have disputes with the vendor over what the contract does or does not require. See id at 15. RUBIN AND RUDMAN LLP COUNSELLORS AT' LAW 50 RoWES WHARF - BoSTON, MASSACHUSETTS 02110 -3319 (617) 330 -7000 - FACSIMILE: (617) 439 -9556 - FIRM C1)RUBINRUDMAN.COM Diedre T. Lawrence Direct Dial: (617) 330 -7056 February 28, 2003 Confidential Attorney /Client Privilege VIA EMAIL: veameron(a),rmld.com Vincent Cameron, General Manager Reading Municipal Light Department 230 Ash Street Reading, MA 01867 Re: Warrant Article for Special Town Meeting Dear Vin: This letter addresses procedural and substantive issues pertaining to Article 4 of the Warrant for the Special Town Meeting scheduled for Monday, March 3, 2003. Article 4 proposes to amend the Reading Home Rule Charter by adding several provisions to the current Section 3 -5 concerning the Municipal Light Board. In general, Article 4 proposes to authorize the Municipal Light Board, as opposed to the General Manager, to appoint certain employees, to approve warrants for payments, to set electric rates, to approve an annual operating budget and capital improvements program and to present them to the Finance Committee and Town Meeting, and to award contracts in accordance with the Uniform Procurement Act, M.G.L. c. 30B. EXECUTIVE SUMMARY As discussed in greater detail below, the "fown is barred by law from putting the subject matter of Article 4 before the voters at the Town Election currently scheduled for April 8, 2003, even if Article 4 were to be approved by the necessary two- thirds vote of the Special Town Meeting on March 3, 2003. Even if Town Meeting so voted, the law provides that the Attorney General must review the matter over a four -week period and the election could not be held until at least two months after the Attorney General completed his review. 542688_2 Vincent Cameron, General Manager February 28, 2003 Page 2 In addition, most of the provisions of Article 4 are inconsistent or conflict with the comprehensive State -wide legislative scheme pertaining to municipal lighting plants set forth in M.G.L. c. 164. The courts have held that such inconsistencies and conflict render municipal legislation invalid and unenforceable. Notwithstanding a section within the home Rule Procedures Act indicating that certain enumerated charter changes shall be deemed consistent with general laws pertaining to the structure of town government, the caselaw under that section indicates that it would not likely apply to comprehensive legislative schemes such as that set forth in M.G.L. c. 164. DISCUSSION I. Procedural Issues. Section 8 -1 of the Town's Charter provides that, "[t]his Charter may be replaced, revised or amended in accordance with the procedures made available by Article LXXXIX [Article 89] of the Amendments to the Constitution of the Commonwealth and the provisions of General Laws, C. 4313." (brackets added) Article 89 of the Amendments to the Massachusetts Constitution, commonly referred to as the "Home Rule Amendment," and M.G.L. c. 43B, § §1 -20, commonly referred to as the "Home Rule Procedures Act," set forth the procedures to adopt and amend a municipal charter. Article 89 and M.G.L. c.43B provide that a charter can not be amended unless the following three steps are taken: 1. Town Meeting must vote by a two - thirds majority to propose the charter amendments. Such a vote creates an "order proposing a charter amendment." 2. If Town Meeting approves an order proposing a charter amendment, a copy of the proposed amendment "shall be immediately submitted" by the Board of Selectmen to the Attorney General and to the Department of Housing and Community Development. Within four (4) weeks the Attorney General shall furnish the Board of Selectmen with a "written opinion setting forth any conflict between the proposed amendment and the constitution and laws of the commonwealth." If the Attorney General reports such a conflict, the order proposing the charter amendment shall not take effect. However, if the Attorney General reports no such conflict, the order proposing the charter amendment shall become effective four weeks after its submission to the Attorney General, 3. The proposed charter amendment shall be submitted to the voters of the Town for their approval at the first election held at least two (2) months after the order proposing such charter amendment becomes effective. In other words, if the Attorney General were to report that the proposed amendment does not pose a conflict with the Constitution or General Laws, the 542698_2 Vincent Cameron, General Manager February 28, 2003 Page 3 election can be held no sooner than three (3) months after the proposal was originally submitted to the Attorney General. See Article 89, §§ 3,4; M.G.L. c. 43B, §§ 10, 11. In the present case, the schedule to act upon the charter amendment proposed in Article 4 as set forth in the Town Manager's letter dated February 12, 2003, fails to comply with the requirements of Article 89 and Chapter 43B and, therefore, would constitute a fatal procedural error. The "Town Manager has indicated that Article 4 would be voted upon at the Special Town Meeting on March 3, 2003, and, assuming that it would be passed by a two- thirds vote, the matter would be voted upon at the Annual Town Election scheduled for April 8, 2003. However, the Town Manager's schedule fails to include the total legally set time requirements for both the Attorney General's four -week mandatory review of the proposal under M.G.L. c. 43B, §10(c) and the mandatory two -month period between the Attorney General's review and the earliest possible date of the election as set forth in M.G.L. c. 4313, §11. Even if the proposal were approved by a two - thirds vote of Town Meeting on March 3rd, it could not lawfully be voted upon at the Town Election on April 8, 2003, and any such vote, if conducted, would be null and void as a matter of law. In closing, we note that the Town's Special Counsel is in agreement with our analysis of the procedural requirements under Article 89 and M.G.L. c.43B, §§ 10, 11. See letter from Murphy, Hesse, Toomey & Lehane, LLP, to the Town Manager, dated February 10, 2003 (pp. 3- 4). II. Substantive Issues 1, Legal Standard Regarding Inconsistency and Conflict Article 89 provides that, "[tjhe provisions of any adopted or revised charter or any charter amendment shall not be inconsistent with the constitution or any laws enacted by the general court...." Article 89, §2. Municipal charters duly adopted or amended in accordance with M.G.L. c. 43B have the effect of law so long as they present no conflict with laws enacted by the Legislature. Kowalczyk v. Town of Blackstone, 48 Mass.App.Ct. 58, 59 (1999); City Council of Boston v. Mayor of Boston, 383 Mass. 716, 719 (1981). Several decisions provide guidance on whether municipal legislation is inconsistent with or conflicts with the State Constitution or any General Laws. For instance, in Del Duca V. Town Administrator of Methuen, 368 Mass. 1 (1975), the Supreme Judicial Court struck down an ordinance adopted pursuant to Methuen's charter purporting to alter the powers and duties of the local planning board in contravention of the General Laws. In Del Duca, the Court reviewed the various sections of M.G.L. c. 41 which comprehensively treated the creation and operation of planning boards, and determined that the Legislature had taken the entire subject of the 542688_2 Vincent Cameron, General Manager February 28, 2003 Page 4 establishment, powers and duties of local planning boards in hand. Having done so, the Legislature precluded local legislation which would impair the operation and effect of the statutes in that field. 368 Mass. at 12 -13. As a result, the Court determined that Methuen was "powerless to specify the planning board's powers and duties in a manner which deviated in any respect from the powers and duties established by the legislation on the subject." Id. The Court also struck down municipal home rule legislation in City Council of Boston v. Mayor of Boston, 383 Mass, 716 (1981). In that case, the offending legislation purported to limit the number and to fix the maximurn salaries of employees in the mayor's office. The Court determined that such local legislation was an invalid and unenforceable encroachment on the mayor's power under the Boston charter and special legislation pertaining to the mayor's administrative authority. Under the Boston charter and relevant statutes, the mayor was charged with the administrative duties of the city government, including the supervision of subordinate officers, powers of appointment and termination, and the implicit power to set compensation levels for his staff. '11ie Court determined that the charter and special acts evidenced a legislative intent to reserve to the mayor the discretion to determine the size and salary level of his own staff, and that an ordinance purporting to regulate the same was necessarily inconsistent and, therefore, invalid. 383 Mass. at 721. In 1984 the Legislature amended M.G.L. c. 43B to add a new Section 20 addressing the consistency of charters with existing General Laws. Section 20 provides in pertinent part that, The provisions of any charter or charter amendment adopted pursuant to the provisions of this chapter [43B] shall be deemed consistent with the provisions of any law relating to the structure of city and town government, the creation of local offices, the term of office or mode of selection of local offices, and the distribution of powers, duties and responsibilities among local otlices. Such provisions may provide: (b) that any particular local officer or employee shall be appointed by any particular local officer; (d) for the term of office to be served by any local elected officer; provided, however, that no term of office of a local elected officer shall be for more than five years, and the members of multiple member bodies shall serve for terms which, as nearly as possible, expire in different years; 542688_2 Vincent Cameron, General Manager February 28, 2003 Page 5 (f) that the powers, duties and responsibilities of one local office be divided and exercised by two or more local offices; M.G.L. c. 43B, §20 (emphasis added). We are aware of only one reported case interpreting M.G.L. c. 43B, §20, namely, Town Council of Agawam v. Town Manager of Agawam, 20 Mass, App. Ct. 100 (1985) ("Agawam'). Agawam stands for the narrow proposition that a municipal charter may provide for an employee appointment process (e.g., in Agawam, the appointment of a town assessor) that does not involve town council approval, and still be deemed consistent with M.G.L. c. 39, § 1, which provides that appointments are subject to confirmation by town council. However, the Court in Agawam also indicated that Section 20 should be interpreted generally to harmonize municipal charter provisions adopted under Article 89 and Chapter 43B with existing General Laws. The court stated, As this court has noted before, when the Home Rule Amendment was adopted in 1966, the Legislature failed to revise many existing laws to reflect the new balance of power that the amendment established between municipalities and the Commonwealth... .[M.G.L. c. 43B, §201 is a significant step taken by the Legislature to remedy this oversight. The statute makes explicit what was implicit before in the Legislature's decision to enact the Home Rule Procedures Act. By the Legislature's delegation to municipalities through G.L. c. 43B of greater power in managing their affairs, municipalities could, within certain broad limitations, choose for themselves the forms of local government they found best suited to their own needs, including as part of that choice the manner of creating and filling local offices. 20 Mass.App.Ct. at 103 (brackets added, internal citations omitted). Despite the seemingly broad interpretation of M.G.L. c. 43B, §20 set forth in A ag_ wam, it is critical to note that the Court expressly slated that its holding did not extend to existing General Laws that consist of'a comprehensive State -wide plan of regulation. The Court in Agawam referred to the decision in Young v. Mayor of Brockton, 346 Mass. 123 (1963), where the Supreme Judicial Court held that a city charter provision calling for the appointment of members of the liquor licensing board without confirmation by the city council would not escape the provisions of M.G.L. c. 138, § 4, which required such confirmation. Agawam noted that Young was based on the "special characteristics" of liquor licensing boards which, inter alia, "operate under a detailed and strict State -wide plan of supervision and control reflecting the Commonwealth's supervening interest in the uniform re ulgation of the sale and distribution of alcoholic beverages." 20 Mass. App. Ct. at 105, n. 9 (emphasis added). 542688_2 Vincent Cameron, General Manager February 28, 2003 Page 6 Further, Agawam noted that, with respect to the work of town assessors at issue therein, the Legislature "has not established a State -wide plan for their supervision at all comparable to that mandated for alcoholic liquors," nor did it "single out the town assessor for special treatment" under the General Laws. 20 Mass. App. Ct, at 105, n. 9. "Unlike the statute relied upon in Young, [the town assessor statute] is purely general in its operation." Id. (brackets added). After considering the importance of the comprehensive general legislation at issue in Youn , the court in Agawam concluded that, "[w]e expressly make no determination, however, of the effect of [M.G.L. c. 43B, §201 on the sort of appointment discussed in the Young case." Id. (brackets added) Based upon the foregoing, M.G.L. c. 4313, §20 and Agawam probably do not authorize the types of changes proposed in Article 4, which, as discussed below, are not harmonious with the comprehensive, State -wide plan of legislation under Chapter 164 pertaining to municipal light plants. Finally, although Golubek v. Westfield Gas & Elec. Light Bd., 32 Mass. App. Ct. 954 (1992) does not specifically discuss the applicability of M.G.L. c. 43B, §20, the case nonetheless strongly supports the position that local legislation can not alter the comprehensive statutory scheme pertaining to municipal light plants. Golubek delineated the respective powers of a manager and a board of a municipal light plant, with the Court holding that a municipal light board could not infringe upon the statutory power of a manager to hire employees and attorneys. In response to the board's contention that a provision of Westfield's charter supported the board's position, the Court stated that, "[t]his charter provision cannot alter the statutory power of the manager to hire employees and attorneys." 32 Mass. App. Ct. at 956 (emphasis added). Golubek is critical in the present analysis because it was issued after the Legislature adopted M.G.L, c. 43B, §20 (i.e., the "harmonizing" provision of the Home Rule Procedures Act) and after the same court issued the Agawam decision. Further, the court clearly held that M.G.L. c. 164 would prevail over an inconsistent local charter. Therefore, Golubek strongly supports the position that the provisions of Reading's Article 4 that are inconsistent and in conflict with M.G.L. c. 164 would be deemed invalid and unenforceable. 2. Authority of Municipal Light Boards and Managers The Legislature has adopted a comprehensive set of statutes governing the field of municipal lighting plants. General Laws Chapter 164 contains over fifty separate sections concerning, inter alia, the acquisition, operation, maintenance, financing, supply, transmission, distribution, governance, contracting, and enforcement pertaining to municipal lighting plants. The Legislature has clearly adopted a detailed and strict State -wide plan for municipal lighting plants and departments reflecting the Commonwealth's interest in the uniform regulation of such 542688_2 Vincent Cameron, General Manager February 28, 2003 Page 7 plants and departments. Based upon this comprehensive legislative scheme, there is a strong argument that the Legislature intended to occupy the field pertaining to municipal light plants and preclude the exercise of any local power or function on the same subject because the legislative purpose of the statue would otherwise be frustrated. Indeed, the Supreme Judicial Court has held that "[w]here cities and towns are authorized to enter the field of business enterprises like the manufacture of gas and electricity they do it, not under the laws relating to private corporations, but under special statutory provisions; that the offices of the... [light plant officials] having been created and their duties defined by statute, they must be held to be public officers under legislative mandate, and not agents of the city...." Hodgman v. Taunton, 323 Mass. 79, 82 (1948). Further, "[i]t is also settled that a municipality can exercise no direction or control over one whose duties have been defined by the Legislature." Id. This holding remains unchanged in the post -Home Rule Amendment era. E.g., Del Duca, supra at 12. Finally, a municipal light plant cannot operate, let alone exist, absent the statutory scheme that governs it: "It is only by the authority conferred by G.L. c. 164 ... that...[a city or town] can maintain a gas and electric plant." Adie v. Mayor of Holyoke, 303 Mass, 295, 299 (1939); MacCrae v. Selectmen of the 'Town of Concord, 296 Mass. 394 (1937). The powers and duties of municipal light boards are stated generally in M.G.L. a 164, §55, which provides that "[t]he municipal light board shall have authority to construct, purchase or lease a gas or electric plant in accordance with the vote of the town and to maintain and operate the same." Section 3 -5 of the Town's Charter provides on its face additional authority to the Municipal Light Board, including "hav[ing] charge of all the real estate, facilities, personnel and equipment of the Town pertaining to the production and transmission of electrical power, both within the Town and elsewhere." The Legislature has vested the manager with comprehensive powers and duties as set forth in M.G.L. c.164, §56, which provides in pertinent part that, "The ... municipal light board ... shall appoint a manager of municipal lighting who shall, under the direction and control of the ... municipal light board, if any, and subject to this chapter, have full charge of the operation and management of the plant, the manufacture and distribution of gas or electricity, the purchase of supplies, the employment of attorneys and of agents and servants, the method, time, rp ice, quantity and quality of the supply, the collection of bills, and the keeping of accounts. His compensation and term of office shall be fixed in cities by the city council and in towns by the selectmen or municipal light board, if any; ... and shall, at the end of each municipal year, render to them such detailed statement of his doings and of the business and financial matters in his charge as the department [of telecommunications and enerayl may prescribe.... The manager shall at any time, when required by the mayor, selectmen, municipal light board, if any, or department, make a statement to such officers 542688_2 Vincent Cameron, General Manager February 28, 2003 Page 8 of his doings, business, receipts, disbursements, balances, and of the indebtedness of the town in his department. M.G.L. c. 164,,§56 (emphasis and brackets added). 3. Article 4 of the Warrant The separate paragraphs of Article 4 are set forth below in italics, followed by our analysis of each with respect to whether the Courts would likely determine the paragraphs to be inconsistent or in conflict with the Constitution or General Laws. In general, we believe that there are strong arguments that the Courts would very likely find most of the proposed changes to be inconsistent and in conflict with the Constitution and General Laws. [ 1" paragraph:] The Municipal Light Board shall hire the General Manager of the Reading Municipal Light Department and set his compensation; the General Manager shall serve at the pleasure of 'the Board and may be removed by vote of a majority of the entire Board after notice and hearing. The first clause of this paragraph does not appear to be problematic because M.G.L. e. 164, §56 (quoted above) clearly authorizes the Light Board to appoint the manager and set his compensation. The second clause does not necessarily fall within the authority granted under M.G.L. c. 43B, §20 relating to the "term[s] of office," because the specific authority granted under Section 20(d) is limited to charter provisions affecting the terms of "local elected officers," and not appointed employees such as the manager. Further, a strong argument can be made that the second clause would be invalid and unenforceable because it appears to conflict wit], the Board's mandate under M.G.L. c. 164, §56, which is part of a comprehensive State -wide plan of legislation, to "fix" the manager's "term of off ce." Instead of fixing such a term, Article 4 would make the manager an "at will" employee. [2nd paragraph:] The Municipal Light Board shall appoint the Accounting Manager or Chief Accountant of the Reading Municipal Light Department; and appoint counsel to the Reading Municipal Light Department. Both clauses clearly conflict with the manager's plenary authority under M.G.L. c. 164, §56 concerning the "employment of attorneys and of agents and servants." As mentioned above, because Chapter 164 is such a comprehensive legislative scheme, there is an extremely strong argument that it can not be infringed upon, let alone contradicted by, inconsistent local 542685_2 Vincent Cameron, General Manager February 28, 2003 Page 9 legislation notwithstanding the "harmonizing" intent of M.G.L. c. 43B, §20. Further, the specific authority to affect powers, duties and responsibilities that is granted under M.G,L, c. 43B, §20(f) is limited to dividing the powers of one office and exercising them by two or more offices, which is not the approach taken under this paragraph of Article 4. Finally, G.L. c. 164, § 56 "expressly allocates to the manager the power to hire all agents, servants and attorneys required for the operation of the plant... the... [light board's] power under § 56 to direct and control the manager does not include the power to hire agents, servants and attorneys; that power, by statute, is expressly vested in the manager alone." Golubek v. Westfield Gas & Elcc. Light Bd., 32 Mass.App.Ct 954, 955 -56 (1992). Clearly then, under the City Council of Boston case, sup ra, this would be an impermissible encroachment on the General Manager's powers as set by statute. [3rd paragraph:] The Municipal Light Board may delegate in whole or in part as it may deem proper, the direct supervision of the Accounting Manager or Chief Accountant as the case may be, along ivith supervision of other subordinate employees. The same concerns and analysis under paragraph 2, above, apply to this paragraph. [4th paragraph:] The Municipal Light Board shall approve warrants for payments of all bills and payroll 9f the Municipal Light Department; and approve all contracts made in accordance with M.G.L. c. 30B, except contracts for purchasing vf'power. The first clause does not appear to conflict with the manager's powers under M.G.L. c. 164. The second clause is inconsistent with both M.G.L. c. 164 and c. 30B. Section 56 of M.G.L. c. 164 vests purchasing authority in the manager, as opposed to the Board, and Section 56D contains detailed procedures governing the procurement of equipment, supplies and materials, which differ from those set forth under the various sections of M.G.L. c. 30B. Further, Chapter 30B expressly states that it shall not apply to any contracts or agreements entered into by a municipal light board, although such board may accept the statue by a majority vote of its members. M.G.L. c. 30B, §1(b)(14). In addition, as noted above, the specific authority to affect official responsibilities that is granted under M.G.L. c. 43B, §20(f) is limited to dividing the responsibilities of one office and exercising them by two or more offices, which is not the approach taken under this paragraph of Article 4. 54268x_2 Vincent Cameron, General Manager February 28, 2003 Page 10 [5th paragraph:] The Municipal Light Board shall employ the Auditor appointed by the Town of Reading Audit Committee. The same concerns and analysis under paragraph 2, above, apply to this paragraph. [6`h paragraph (brackets added to identify individual sentences) :] [1] The Municipal Light Board shall annual set electric rates and approve an annual operating budget and Capital Improvements Program each fiscal year. [2] Such approval will be done by a majority vote of the Municipal Light Board [3] After the Municipal Light Board has approved an annual operating budget and Capital Improvements Program, it will present them to the Reading Finance Committee and Reading Town Meeting. [4] Upon request of any of the other towns served by the Reading Municipal Light Department, the Municipal Light Board shall make a presentation to the Finance Committee and/or Town Meeting of any such town(r). The First two sentences conflict with the manager's plenary duties and responsibilities under M.G.L. c. 164, §56 to set pricing and rates and to render business and financial statements concerning the light department. The same is true for the third and fourth sentences, which also contain the inconsistent language purporting to require a "presentation" to the Finance Committee and Town Meeting of Reading and any of the other municipalities served by the department. To the contrary, Section 56 provides that the financial conditions of the department are reported by the manager, and not the board, to only the Reading Selectmen and Light Board and Department of Telecommunications and Energy. Further, it is well- settled that the budget of a municipal light plant is determined in accordance with the provisions of G.L. c. 164, and not G.L. c. 44, and what the municipal light plant determines "should be expended for the efficient operation of the business is not subject to change by other public officers or the legislative department." Municipal Light Commission of Peabody v. Peabody, 348 Mass. 266, 268 (1964). Because the various sentences of the sixth paragraph of Article 4 conflict with the comprehensive legislative scheme set forth in M.G.L. c. 164, §56, it is highly doubtful that the proposed charter changes would be deemed valid and enforceable. 542688,.2 Vincent Cameron, General Manager February 28, 2003 Page 11 Please do not hesitate to contact us if you have any follow -up questions concerning this letter. Very truly yours, � y i Diedre T. Lawrence Peter J. Feuerbach 542688_2 m PRIVILEGEMONFIDENTIAL/ATTORNEY WORK PRODUCT RUBIN and RUDMAN LLP COUNSELLORS AT LAW 50 RoweS WHARF • BOSTON, MASSACHUSETTS 02110 -3319 (617) 330 -7000 + FACSIMILE; (617) 439 -9556 • FIRM ®RUBINRUDMAN.COM MEMORANDUM By Electronic Mail To: Vincent Cameron, General Manager Reading Municipal Light Department From: Kenneth Bama, Diedre Lawrence Re: Chapter 30B Date: April 22, 2003 MTRODUCTION You have asked us, on behalf of the Reading Municipal Light Department ( "RMLD "), to review several issues related to Chapter 30B regarding the procurement of services and supplies. Specifically, you have asked us to review Article 7 proposed for Town Meeting regarding amendments to the Reading Town charter. This article will require the RMLD Board of Commissioners to "approve wan -ants for payments of all bills and payroll ... and approve all contracts made in accordance with M.G.L. c.30B, except contracts for purchasing power." This memorandum is being provided to you pursuant to G.L. c. 164, § 56. BACKGROUND As we understand, the Town of Reading is seeking to pursue the same charter amendments as it did at the March 3, 2003, special town meeting. As you will recall, we provided you with an opinion dated February 28, 2003, that specifically addressed the procedural and substantive problems with the proposed amendments (then called "Article 4'� to the Town 549565_1 PRIVILEGED /CQNFIDT,1VIMIATTORNEY WORK PRODUCT Charter. We have not been informed whether the proposed article, now called "Article 7" has been submitted to the Attorney General for his review as discussed on pages 2 and 3 of that opinion. Further, the substantive problems with Article 7 are identical to those that existed with Article 4, discussed at page 9 of the prior opinion. Nothing was changed from the prior version of Article 4 regarding Chapter 30B in this new Article 7. Given the timing of your questions regarding Article 7, we have not had time to review whether any towns in the Commonwealth have successfully altered the provisions of G.L. c. 30B as they apply to their towns through home rule charter amendment procedures. Arguably, G.L. c. 30B represents a comprehensive legislative scheme regarding the uniform procurement of goods and services by governmental entities on a state -wide basis, and home rule legislation that directly conflicts with a provision of that statute will be struck down. See pages 3 through 4 of Rubin and Rudman's February 28, 2003 Opinion. Finally, it should be noted that we do not know of any municipal light plant that has voted to adopt the provisions of G.L. c. 30B. DISCUSSION You have asked us, on behalf of RMLD, to focus our analysis on the language of Article 7 that provides that the RMLD Board of Commissioners "shall... approve all contracts made in accordance with M.G.L. 00B, except contracts for purchasing power." Specifically, you have asked us whether, if adopted, this Charter change would make G.L. c. 30B applicable to RMLD. Second, you have asked us whether the RMLD Board of Commissioners could appoint the General Manager as the "Procurement Officer" if G.L. c.30B applied to RMLD's contracts. Third, you have asked us whether contracts for purchasing power could be "exempted" from the coverage of G.L. c. 30B should that chapter become applicable, through whatever means (i.e., PRIVILEGED /CONFIDENTIAL /ATTORNEY WORK PRODUQT vote of the RMLD Board of Commissioners as provided for in the statute.) We have answered these questions below. Article 7, as currently drafted, cannot, via home rule charter amendment, "force" application of the provisions of G.L. c. 30B upon the RMLD or take the place of the required vote of the RMLD Board of Commissioners under G.L. c, 30B, § 1(14). Indeed, a careful reading of the provision indicates that by its language it does not purport to make G.L. c. 30B applicable to RMLD contracts. It simply states that the RMLD Board of Commissioners "shall approve' contracts "made in accordance with M.G.L. c. 30B." Article 7 does not state that the Town Charter shall be amended to make all RMLD contracts, other than power contracts, subject to G.L. c. 30B. • G.L. c. 30B, § 1(14) provides in relevant part that the Uniform Procurement procedures found at G.L. c. 30B shall not apply to: ...any contracts or agreements entered into by a municipal gas or electric department governed by a municipal light board, as defined by section fifty -five of chapter one hundred and sixty -four or by a municipal light commission, as defined by section fifty -six A of said chapter one hundred and sixty-four; provided, however, that any such board or commission may accept the provisions of this chapter by a majority vote of its members... [emphasis added]. Thus, G.L. c. 30B specifically provides that its provisions are applicable to contracts of a municipal light department only if the light department's board votes by a majority of its members to accept the statute. G.L. c. 30B will not apply to RMLD contracts unless and until a majority of its Commissioners vote to accept G.L. c. 30B. Nor does it appear that the Town Charter could make G.L. c. 30B applicable to RMLD contracts. Currently, there is a comprehensive legislative scheme governing the powers and duties of municipal light plants, municipal light commissions and municipal light plant managers under G.L. c. 164. Included in this comprehensive scheme, as discussed in our February 28, 2003 opinion, are statutes that provide that the municipal light plant manager under Section 56 has exclusive authority to purchase supplies for the light plant. Further certain purchases of supplies and generation and distribution equipment (over $10,000) are subject to prior public advertising requirements and submission of sealed proposals under Section 56D. Finally, and most significantly, G.L. c. 30B represents a uniform scheme for the procurement of goods and supplies by governmental entities on a statewide basis. It would therefore appear that the Legislature has precluded local legislation that would impair the operation and effect of G.L. c. 30B. Article 7 would directly Is PRIVILEGED /CONFIDENTIAVATTORNEY WORK PRODUCT conflict and abrogate the Legislature's intent to specifically exclude municipal light plants from the provisions of G.L. c. 3013 (if it were read to somehow make G.L. c. 30B applicable to RMLD.) G.L. c. 3013, § 1(14). Further, G.L. c. 43B, § 20 would not "save" Article 7 because it has nothing to do with the structure of town government, the creation of local offices, the term of any office, or the distribution of powers among local offices. Currently, the Town of Reading has no role in the purchases of goods and services made by RMLD other than its ministerial involvement in the payment of warrants. As set forth in our February 28, 2003 Opinion, at page 9, nothing in Article 7 purports to divide the responsibilities of one office among two or more offices. • If the RMLD Board were to vote by a majority of its members, voluntarily, as provided for in the statute, to adopt the provisions of G.L. c. 30B, the RMLD Board would certainly have the authority to appoint its own Procurement Officer. Under G.L. c. 30B, § 2, the "chief procurement officer" is defined to include "an individual duly appointed by the governing board of an authority or other governmental body to procure supplies and services for the authority or governmental body." A "governmental body" is defined under G.L. c. 30B to include "board" or "commission." Accordingly, we believe if RMLD's Board voted to adopt G.L. c. 30B, it would retain its authority to appoint its own procurement officer, separately from the Town of Reading, consistent with its separate nature as recognized by G.L. c. 30B and the provisions of G.L. c. 164 governing its operations. Note however that G.L. c. 30B, § 2 also provides that a chief procurement officer may be: ...the purchasing agent appointed pursuant to section one hundred and three of chapter forty -one, or as to any city or town which has not accepted said section, an individual duly appointed in a city having a city manager, by the city manager, in a town having a town manager, by the town manager, in any other town, by the selectmen, or, in any city or town otherwise providing by charter or local by -law for the appointment of a chief procurement officer, in accordance with such charter or local by -law, to procure all supplies and services for the city or town and every governmental body thereof.... G.L. c. 30B recognizes that towns and municipal light plants are financially and operationally distinct entities, which is why there is a special provision at Section 1(14) that permits municipal light boards to vote to voluntarily accept the provisions of G.L. c. 30B. See also Middleborough v. Middleborough Gas & Electric Department, 422 Mass. 583, 588 (1996). RMLD has its own governing board, separate from the Town of Reading. By statute, the RMLD commissioner "must be held to be public officers under legislative mandate, and not agents of the city...." Homed roan v. City of Taunton, 323 Mass, 79, 84 (1948). 4 .. I PRIVILEGED /CONFIDENTIAUATTORNEY WORK PROPXCT Further, Article 7 does not purport to amend the Reading Town Charter to make its chief procurement officer also the chief procurement officer for the RMLD (Le., G.L. c. 30B, §2: "otherwise providing by charter or local by -law for the appointment of a chief procurement officer.') Only if and when the Town of Reading attempts to make such a charter change will RMLD have to analyze such a change, and we believe that as an initial matter, such a change would directly conflict with and frustrate the light plant manager's authority and duties, and the financial independence of light plants under G.L. c. 164, and therefore would be impermissible. Finally, power supply contracts would be subject to G.L. c.30B if the RMLD Board of Commissioners voted to adopt the provisions of G.L. c. 30B. There is no exception for power contracts entered into by a municipal light department under G.L. c. 30B. The exceptions in the statute for certain types of power contracts are for those associated with aggregation and with a single city or town or groups of cities and towns purchasing power for the cities' and towns' (not residents') use, and these exceptions are not applicable here. G.L. c. 30B, §§ 1(32),(33). • Due to changes in the structure of power markets, it would not be possible for RMLD to enter into agreements for power supply under the procedures of G.L. c. 30B (requests for proposals and submission of sealed, competitive bids). Power is now a "commodity" purchased and sold under the newly structured market. In order for RMLD to provide a competitive price to its customers, and remove volatility in pricing, employees at RMLD in the power supply department must decide, on a daily basis, the type of transactions RMLD will enter into- lie., they decide whether they will rely on the market hourly price or enter bilateral agreements. These decisions must be made quickly in order to secure the best price for RMLD. • There is no possible way for any type of power supply agreement in today's market to be subject to the procedures of G.L. c. 30B. This is because RMLD must retain the flexibility to make daily judgments regarding purchases and sales in the power market.. The commodity power market for electricity moves too quickly on an hour -by -hour or daily basis for RMLD's power contracts to be subjected to such a cumbersome process. In fact, there would be no respondents to a request by RMLD for competitive, sealed bids under.G.L. c. 30B, § 5. The process is too lengthy and entirely unworkable for power supply in today's market. If RMLD were required to follow G.L. c. 30B for its power supply, it would be unable to operate because the market would and could never accommodate such bidding procedures. If you have any other questions regarding this matter, please do not hesitate to contact us. Reading Municipal Light Board of Commissioners Regular Session 230 Ash Street Reading, MA 01867 April 22, 2003 Start Time of Regular Session: 7:37 p.m. End Time of Regular Session: 9:25 p.m. Attendees: Commissioners: Hughes, Pacino, Soli, Herlihy and Ensminger RMLD Staff: Mr. Cameron, General Manager Mr. Blomley CAB: Mr. Stevenin Guest: Ms. Diedre Lawrence, Rubin and Rudman Mr. Brown This meeting of the Reading Municipal Light Department (RMLD) Board of Commissioners April 22, 2003 is being broadcast live at the RMLD's office at 230 Ash Street, Reading, MA. Live broadcasts are available only in Reading due to technology constraints. This meeting is being video taped for distribution to the community television stations in North Reading, Wilmington and Lynnfield. Chairman Pacino called the meeting to order at 7:37 p.m. Action Item (s) Mr. Pacino moved Agenda 4A to the beginning of the agenda. Mr. Cameron stated at the meeting last Thursday night the Board took up the issue whether to accept the recommendations of the Citizen's Advisory Board. The recommendations the CAB made at its meeting held on Tuesday, April 1, 2003 approved the following motion relative to Charter Amendments: Move to recommend to the RIALD Board of Commissioners that the changes proposed under the Town of Reading's Charter Amendments be pursued by Special Legislation instead. The CAB passed this motion: 4:1:0. They also made a recommendation that Move that the CAB hereby recommends to the RMLD Board of Commissioners not adopting that portion of the proposed Charter Amendments regarding adoption of Chapter 30B for the RMLD purchasing procedures. The CAB passed this motion: 4:1:0. Mr. Cameron noted the Board tabled these issues until the next meeting so they could get more information especially the second issue that has to do with 30B purchasing decisions under Massachusetts General Laws. One thing that is very important to Mr. Cameron and is important to the customers in the service territory for the last eighteen months is discretionary spending, outside services, legal services and consultants. Mr. Cameron has tried to the best of his ability to keep that spending in check. Concerning 30B he did not have Chapter 164 counsel consulted because he did not think it was necessary but after the Board asked questions on this last week he thought counsel should look into this because there were certain items which were not clear. Mr. Cameron stated last Friday he called Diedre Lawrence from Rubin and Rudman and explained what issues needed to be looked at. Mr. Cameron noted Ms. Lawrence would go over the memo, which was distributed to you this evening as it was finished this afternoon. Mr. Cameron further pointed out there are issues outside of his argument which have to do with "control ". The big issue is who the Chief Procurement Officer and who has actual charge of procurement if the RMLD went under 30B. Mr. Cameron added he may have made the mistake by not having counsel look at this but it was done at a later date with the appropriate information for the Board to make a decision. The decision is not whether the RMLD goes under 30B. The decision is whether or not to support the recommendation of the CAB. Ms. Lawrence introduced herself from the law firm of Rubin and Rudman in Boston, Chapter 164 counsel. Ms. Lawrence stated that late last week the General Manager, Mr. Cameron asked her to look at three specific questions regarding Article 7 and Chapter 30B as it applies to the Light Department. Regular Session Meeting Minutes Page Two April 22, 2003 Action Items) Ms. Lawrence stated the fast question she looked at, whether if that Article is adopted, could Chapter 30B apply to the Light Department. The short answer is that question is as currently drafted it cannot. It is because it simply states that the Board shall approve all contracts made in accordance with Chapter 30B. It does purport to make Chapter 30B apply to the Light Department, Ms. Lawrence does not think it could specifically apply because Chapter 30B has a specific exemption for municipal light plants and provides that if you wanted it to apply to you it can be accomplished in one way only which is by a vote of the Municipal Light Board to accept the provisions of that statute. Mr. Hughes asked of Ms. Lawrence what percentage of Board vote does this require? Ms. Lawrence replied a majority vote. Ms. Lawrence continued that the Board would have to take a vote in order for it to apply. It does not appear that a Town Charter Amendment could make an end run around that statutory provision. Ms. Lawrence added Rubin and Rudman rendered an opinion on February 28, 2003 in connection with Article 4 for the March Special Town Meeting. Article 7 is almost identical to the former Article 4. Ms. Lawrence added all of the problems, which existed with Article 4, still exist in the new version. Ms. Lawrence wanted to make that clear. Ms. Lawrence noted nothing substantially has been changed in the language therefore all the other issues regarding the way it interferes with Chapter 164 is still there and it has not been removed. Ms. Lawrence explained the next question they looked at was: hypothetically, if a majority vote of the Board were to accept 30B, would the Board retain the ability to appoint a Chief Procurement Officer to act on behalf of the Light Department? Currently, the Town of Reading's Home Rule Charter designates the Town Manager as the Chief Procurement Officer. There was a question as to whether or not if the Department had to use the Town's Procurement Officer for the procurement of goods, supplies and services. The short answer to that is no for a couple of reasons. The statute as it currently exists is a comprehensive statewide scheme designed to implement a uniform system of procurement for governmental entities. It specifically recognizes that municipal light plants are separate from cities and towns. Ms. Lawrence noted there is a clear recognition that you are separate and you have your own governing body. There is a specific provision in the statute that says a governing body of a governmental entity can appoint by however process it chooses a Chief Procurement Officer. Ms. Lawrence added this is consistent with appointing for instance the General Manager as the Chief Procurement Officer. It is consistent with the provisions in Chapter 164 Section 56, which gives the General Manager the authority over all purchases of supplies and the hiring of consultants and agents. Another thing to point out is Article 7, as it is currently drafted, does not purport to make the Chief Procurement of the Town, the Chief Procurement Officer for the RMLD. The final question she looked at is whether or not there could be some kind of exclusion of power supply contracts of the RMLD from the coverage of Chapter 30B, If the Board voted to accept the provision of Chapter 30B, it is Counsel's conclusion that the RMLD's power supply would be subject to the sealed, competitive bidding procedures of Chapter 30B. Basically, the RMLD could no longer acquire power on the market due to the structuring of the competitive power market today. Decisions have to be made on a daily even hourly basis as to the purchase and sales of power. You would not get anyone to respond to a request if by the time you have to advertise you would have already engaged in hundreds of transactions. There are two specific exemptions in Chapter 30B for different kinds of power contracts but those aren't the kinds of contracts that the RMLD enters into. The exemptions are for energy aggregation contracts, and for contracts that are put out by cities and towns purchasing electricity for their own use not to resell to their inhabitants or businesses. The RMLD would be utterly crippled in its power supply by Chapter 30B as it currently exists. As an example of this, Mr. Cameron described what the RMLD went through when the Department acquired its last long term contract which is through 2007. It happened in the summer /fall 2001. Mr. Cameron noted the Department targeted ten to twelve potential suppliers of power supply. This was for a large amount of power supply for the long term. Mr. Cameron noted they pared it down based on performance to six suppliers. The Department then negotiated contracts with each one of those suppliers. It took about two months to negotiate these contracts. It had to do with time periods, delivery points, risk management and performance. The Department had all five contracts in place but did not have a price. The Department instructed these companies that, on a day certain, they were to submit a bid -- the Department gave them a monthly Excel spreadsheet for off peak, on peak and installed capability (ICAP) and they were to fill in and submit their own prices. Mr. Cameron added they were directed to send their prices electronically at ten o'clock and the Department would make its decision before twelve o'clock. All parties were in agreement however, one minute passed twelve and that price is no good. It was a two -hour window for the prices the Department acquired. The Department took the prices and put them through a net present value calculation and came out with the winner. Regular Session Meeting Minutes Page Three April 22, 2003 Action Item(s) Mr. Cameron added that fax signatures were done to confirm the prices and wet signatures were done via Fedex. Mr. Cameron pointed out that is the process that has to be used. Mr. Cameron stated there is no way you can do competitive sealed bids for power supply. If you told a company to hold the price for two months you might as well double the price. It is a two -hour market at best on the power supply side. Mr. Ensminger asked Counsel if the language in Article 7 which states that the Municipal Light Board shall approve warrants for payments of all bills, payroll of the Municipal Light Department; and approve all contracts made in accordance with M.G.L. c. 30B, except contracts for purchasing of power, gives the kind of protection the General Manager was talking about by exempting those power contracts in general. Mr. Ensminger further inquired whether Counsel's opinion means that30B's narrowly drawn meaning of "contracts for purchasing power," could not be superseded by the language in the Town Meeting article exempting power contracts? Ms. Lawrence replied correct. This would conflict with what is already at Chapter 30B and that the argument is you do not have the power to pick and choose what would be covered and what would not be covered by 30B. The whole point of the statute is to have something that is the same for everyone. Ms. Lawrence added this would directly conflict with the provisions that exists exempting certain kinds of contracts. They are just attempting to create a new exemption. Ms. Lawrence is pretty confident that it has to apply and has to apply in its entirety. That exempting certain kinds of contracts cannot be done by a Home Rule Charter Amendment. Maybe there is a way to do that, as she was not asked to look into this to see whether or not that could be accomplished through special legislation. Ms. Lawrence doubts that the A.G. wants cities and towns cherry picking the kinds of things they do not want covered. Ms. Lawrence suggested that to bring agreements like our computer contracts under 30B would be unworkable. Mr. Ensminger had a question for the General Manager. Under the procurement table he showed the Department at the last meeting where sealed bids are reviewed, are any of those ever voted on by the Board of Commissioners as opposed to the Department? Mr. Cameron replied every purchase over $25,000 currently and over $10,000 previous prior to February 22, 2001 is noted by to the Board. Mr. Pacino added when there is an action item presented to this Board and it contains the detail of who bid, what the bid was and what the budget amount is for this item. Mr. Ensminger questioned this is subject to ratification? Mr. Pacino replied it is subject to majority vote of the Board. Mr. Pacino asked for clarification from Ms. Lawrence. Basically, it would be this Commission that would need to vote to go under 30B not whatever happens in Town Meeting or whatever mechanism. It would be this Commission and we would have to put everything under 30B. Ms. Lawrence replied yes. Mr. Pacino reiterated there would be no carving out. Ms. Lawrence answered no, it does not work that way. Mr. Pacino stated all - inclusive. Mr. Pacino noted this casts a different light on the whole issue. Mr. Soli took a look at the motion and wondered if it is what the Commission wants to do. It would be bettered phrased what the motion said the Board wants to forward the recommendations of the Citizen's Advisory Board to the Town Meeting. Mr. Soli thinks it would be better served if the Commission added it to the motion and forwarded them to the Town Meeting. Mr. Pacino replied what he was thinking in terms of a motion, when it gets made is to make a positive motion. Regular Session Meeting Minutes Page Four April 22, 2003 Action Item(s) Mr. Pacino recommends the recommendations of the Ad Hoc Committee with the possible exception of 30B so there is a positive motion on the table. This is the motion to make to go forward. Mr. Pacino added to address the first item the Charter changes he personally thinks it should be legislation he disagrees with the Town Special Counsel on this. If the Town wants to make this through a Charter Amendment let them go. Mr. Pacino would like to see a positive motion to have Town Meeting adopt the changes as recommended by the Ad Hoc Committee with exception of 30B. Mr. Hughes had a question of legal counsel. He would like Ms. Lawrences' recommendation on the motion that would be forthcoming. Ms. Lawrence replied there are two ways of looking at it and two approaches. Ms. Lawrence replied you could do nothing or take some kind of neutral stance on it and it might have the same result as opposing it or supporting it. That is because regardless of what this Board says its position on this Article is there are only so many things that Home Rule Amendment can accomplish. There is a possibility that the Attorney General's office may not accept these amendments as written for all the reasons, which were stated in Rubin and Rudman's February 28 opinion and the most recent more narrow opinion on Chapter 30B. Chapter 30B would be a disaster for the RMLD. Ms. Lawrences' advice is to take an active role in making sure that isn't something attempted to be forced upon the Light Department. The bottom line is even if it was voted on in the past you couldn't make Chapter 30B apply to the Department. It is going to lead to more problems and more legal bills down the road. You cannot buy power with 30B. It is something that is going to come to a head. Ms. Lawrence understands what has been said about the other provisions and a lot of that is politics. As a lawyer she is going to be conservative and say anything that tends to infringe on your autonomy fiscally, politically and operationally, under Chapter 164 is to be avoided. Ms. Lawrence understands there are a lot of other considerations. She suggested taking the advice under the context the Commission is working in as you have a better sense of this. Mr. Hughes inquired what is the opinion of the Department on this? Mr. Cameron replied one of the recommendations from the CAB is that Special Legislation should pursue the Charter Amendments. Mr. Cameron added if you look at the opinion of counsel that this should be done by Special Legislation and that is a positive thing to say to Town Meeting. Mr. Cameron noted if the Amendment is voted by Town Meeting and this goes to the Attorney General's office there is a possibility this will not go through for reasons stated in previous meetings, given the fact that some of the points made in Article 7 now are diametrically opposed to MGL Ch. 164. It is positive to say you do support the CAB's recommendations because the CAB supports going to Special Legislation. Mr. Cameron recommended that the Board simply forward them to Town Meeting as Mr. Soli suggested; you can accept the recommendations as they are and there is no need go farther than that. Mr. Cameron suggested to let the process go forward if the Town wants to pursue the Charter Amendment Town Meeting. Mr. Ensminger stated this Board should not get into the specifics of the implementation. They should only be discussing the subject matter leaving the implementation to those who are making the proposals. It is the best course of action. Mr. Ensminger noted he tried to pin the CAB members down at last week's meeting as to whether their motion was to be implied as meaning endorsement of the proposal by Special Legislation and he did not get that answer. What it says specifically is they recommend that it be pursued. They did not state that they were in support of such Special Legislation. It is incorrect to state that. The second point Mr. Ensminger made is that when the Ad Hoc Committee was reviewing 30B there was a strong belief that contracts for purchasing of power should be exempted and could be exempted. What we are hearing from counsel is that is not possible. If that information had been made available to the Ad Hoc Committee, he is unsure as to whether or not that would of changed their recommendation. It has given him something to think about as Commissioner. Mr. Hughes suggested making a motion. Mr. Ensminger made a motion seconded by Mr. Herlihy that the Board of Commissioners vote to recommend the subject matter of Article 7 before Annual Town Meeting, with the condition that the phrase "approval of contracts made in accordance with M.G.L. Chapter 30B except contracts for purchasing of power " be struck from the motion. Motion carried 3:2:0. Messrs. Hughes and Soli voted against this motion. Mr. Pacino polled the Board to see if they wanted to address the Special Legislation. There was no response. Mr. Herlihy asked about protocol as the Citizen's Advisory Board is going through the bother of making formal recommendations to the Board we have not taken any action on these. Regular Session Meeting Minutes Page Five April 22, 2003 Action Items) Mr. Patin added it would be appropriate at this point, as Mr. Soli has recommended forwarding these on to Town Meeting. It would be an appropriate thing to do and this can be accomplished via formal motion or instruction for the Chair to forward this. Mr. Herlihy stated that he would make the motion on the basis that this would allow the CAB's voice to be heard by Town Meeting. Mr. Herlihy made a motion seconded by Mr. Hughes to forward the CAB recommendations to Town Meeting. Motion carried 5:0:0. Mr. Ensminger added that although they have the right to speak, they might not have the right to be heard at Town Meeting. Mr. Pacino added the CAB information should be forwarded to Town Meeting. General Manager's Report Mr. Cameron wanted to mention the next meeting dates of May 7. The Financials the Audited Financial Statements and the DTE Report will be available if they are approved by the Subcommittee on May 5. Mr. Cameron added Chairman Pacino and Commissioner Soli are on this Sub - committee. Ms. Lawrence exited the meeting and Mr. Cameron thanked her for her assistance. Mr. Cameron stated the May 5 Subcommittee meeting is scheduled for 6:30 p.m. Mr. Pacino added this might have to be changed if Town Meeting goes into this night. The Board cannot meet the same night and time as Town Meeting. The meeting will be changed to 6:00 p.m. in order to accommodate the possibility of Town Meeting lasting until this date. Board Discussion Mr. Hughes stated he would like under Board Discussion that the Sub - committee readdress the General Manager's working agreement. Mr. Pacino replied he and Mr. Soli would arrange meetings with the Manager. Mr. Ensminger questioned is this fait accompli now, i.e., agreed to or still in work? Mr. Pacino replied they have not come forward with a formal agreement with the Manager at this point. Other pressing issues came up. Mr. Ensminger asked if this would come back to the Board for a formal vote? Mr. Pacino replied it would come before the Board for a formal vote. Mr. Hughes noted the second item that he is a strict advocate of complying with policies not so much a numbered policy but an agreed upon policy. Mr. Hughes added any items to be discussed would be brought before the Chairman of the Board and the General Manager prior to the Board meeting so they can discuss it and so they are not blindsided. Mr. Hughes requested an item on agenda concerning the conduct at the last Board meeting after the reorganization. Mr. Hughes received four phone calls from citizens. Mr. Hughes asserted that there was a state of disarray in the manner the Board meeting was allowed to run amuck and in front of the ratepayers. Mr. Hughes will address this at the next meeting. Mr. Ensminger replied he did not follow what Mr. Hughes was saying. Mr. Hughes answered he is simply updating the Board as he will bring this up at the next meeting conduct while at Board meeting. Regular Session Meeting Minutes Page Six April 22, 2003 Board Discussion Mr. Ensminger inquired conduct on the behalf of Commissioners or participants? Mr. Hughes replied it is just conduct overall and it encompasses a lot of people. Mr. Ensminger added when going through the packet with the Pension Trust Agreement and looking at the duties of what the Trustees were he read in Policy 22 that the Treasurer and RMLD General Manager are generally responsible for the investments. However, when you passed Policy 19 you turned that responsibility over to the Commissioners. Those two policies are at odds with each other. Mr. Ensminger is concerned about personal liability on the part of all Commissioners who may have signed on as Trustees. Mr. Ensminger asked that the Policy Subcommittee re- examine and amend Policy 19 to correct the language in Policy 22 unless there was some overriding reason that directed that to change. Mr. Pacino replied no there was no reason for this and they will have the Policy Sub - Committee address this. Mr. Ensminger stated a thorough read could be done but he would like the language to go back to Policy 22. Mr. Pacino pointed out the use of the projector will have a time limit of ten minutes. if possible, copies of the presentation should be given out in advance so there are no surprises or that people are blindsided. Mr. Pacino wants this to be the policy and he will restrict the presentation to ten - minute adherence and one presentation per night. Next Meeting Dates Monday, April 28, Annual Town Meeting Wednesday, May 7 Executive Session Mr. Herlihy made a motion seconded by Mr. Hughes that the Board go into Executive Session to discuss strategy with respect to litigation, and to return to Regular Session for the sole purpose of adjournment. Motion carried by a show of hands 5:0:0. Mr. Pacino called for a poll of the vote: Mr. Soli Aye; Mr. Herlihy Aye; Mr. Pacino Aye and Mr. Hughes Aye; and Mr. Ensminger Aye. Motion to Adjourn At 9:25 p.m. Mr. Ensminger made a motion seconded by Mr. Soli to adjourn the Regular Session. Motion carried by show of hands. Motion carried 5:0:0. A true copy of the RMLD Board of Commissioners minutes as approved by a majority of the Commission. Daniel A. Ensminger, Secretary RMLD Board of Commissioners P1 Despite our own opinions it is clear to me the that the State Legislature in establishing Chapter 164 ( Municipal Light Departments ) and the various court rulings they did so for the benefit of the rate payers and to prevent any unequal influence from any city council or town meeting or Charters to have any control of the operation of said departments so I offer the following for consideration . 3 -5 Municipal Light Board of Commissioners There shall be a Municipal Light Board of Commissioners consisting of five ( 5 ) members elected for three (3 ) year terms so arranged that as near as near an equal number of terms as possible shall expire each year. The Municipal Light Board of Commissioners shall have all the powers and duties given to cites and towns in respect to municipal lighting plants under MGL Chapter 164 and any other MGL or special acts pertaining thereto . The Municipal Light Board of Commissioners shall hire the General Manager and approve warrants for payments of all bills, payroll and approve all power contracts of the Municipal Light Department The Municipal Light Board of Commissioners shall employ the Auditor appointed by the Town of Reading Audit Committee. In accordance with Chapter 164 section 56 the General Manager shall provide that the financial condition of the RMLD to the Municipal Light Board of Commissioners the Town of Reading Board of Selectmen and Department of Telecommunications and Energy. The General Manager upon request may provide said report to any other elected or appointed body in the service area. Bill Brown 7/15/ 14 7 A M 3 -5 There shall be a Mu icipal Light three (3) yea ed year. T#e_ a! Light Board- �ewr4-aad- The al Light Board of Co towns ct to municipal ligl• 34 et se ther general an I duties to them vote. The Municipal Municipal Light ers > Commissioner` cot f g of flue (5) members elected for @r an equal nu�_67 er of terms as possible shall expire each fac+iities: ors shall have all the powers and duties given to cities and under Massachusetts General Laws Chapter 164 Section acts pertaining thereto, together with such further powers or, by Bylaw, or by et#ef Town of Reading Town Meeting Commissioners shall hire the General Manager of the Reading set the duties and terms of employment. her, rempe%allien; the The Municipal Light Board of Commissioners shall appoint. the Accounting Manager or Chief Accountant of the Reading Municipal Light Department and appoint counsel to the Reading Municipal Light Department. f The Accounting Manager or Chief Accountant, as the case may be, and Counsel shall be subject to the supervision of the General Manager. 13 Reading Home Rule Charter Review — 2013 Town of Reading Home Rule Charter Article 3 - Elected Officers and Boards The Municipal Light Board of Commissioners shall approve warrants for payments a f all bills and payroll of the Municipal Light Department aAd eMatt.aP;+r��P .tc w #- ws —1 ar.rr —d--- pr shall not be subiect to Massa The Municipal Light Board of Commissioners shall employ the Auditor appointed by the Town of Reading Audit Committee. The Municipal Light Board of Commissioners shall annually set E operating budget and Capital Improvements Program each fiscal a majority vote of the Municipal Light Board of Commission Commissioners has approved an annual operating budget present them to the Town of Reading Finance Committee < request of any of the other towns served by the Reading Light Board of Commissioners shall make a presentation Meetina of any such town(s). rates and approve an annual ch ap ,oval will be done by ipal Light Board of ents Program, it /4 ci ASEW own Meeting. Upon d nt, the Municipal Rce Co and /or Town To: Coleen O'Brien From: � ��VMaureen McHugh, Jane Parenteau` Date: July 10, 2014 Subject: Purchase Power Summary — May, 2014 Energy Services Division (ESD) has completed the Purchase Power Summary for the month of May, 2014. ENERGY The RMLD's total metered load for the month was 54,419,470 kWh, which is an 4.72% decrease from the May, 2013 figures. Table 1 is a breakdown by source of the energy purchases. Table 1 ATTACHMENT 2 Amount of Cost of % of Total Total $ $ as a Resource Energy Energy Energy Costs % (kWh) ($ /Mwh) Millstone #3 2,883,193 $7.37 5.29% $21,239 1.23% Seabrook 5,895,556 $7.69 10.82% $45,360 2.62% Stonybrook Intermediate 1,061,425 $51.94 1.95% $55,134 3.190% JP Morgan 7,506,600 $61.62 13.78% $462,586 26.74% NextEra 6,292,000 $49.00 11.55% $308,317 17.82% NYPA 2,149,054 $4.92 3.95% $10,573 0.61% ISO Interchange 3,480,401 $50.44 6.39% $175,554 10.15% NEMA Congestion 0 $0.00 0.00% - $686,293 - 39.67% Coop Resales 10,617 $142.47 0.02% $1,513 0.090% BP Energy 8,442,600 $48.27 15.50% $407,524 23.56% Summit Hydro /Collins /Pioneer 3,253,617 $66.53 5.97% $216,471 12.51% Braintree Watson Unit 355,379 $97.30 0.65 °0 $34,580 2.00% Swift River Projects 3,052,738 $101.26 5.60% $309,110 17.87% Exelon 10,085,400 $36.40 16.51 9% $367,069 21.22% Stonybrook Peaking 5,777 $199.94 0.01% $1,155 0.07% Monthly Total 54,474,357 $31.76 100.00% $1,729,892 100.00% ATTACHMENT 2 Table 2 breaks down the ISO interchange between the DA LMP Settlement and the RT Net Energy for the month of May 2014. Table 2 Amount Cost % of Total Resource of Energy of Energy Energy (kWh) ($ /Mwh) ISO DA LMP ' 9,618,202 40.58 17.93% Settlement RT Net Energy" - 6,137,801 34.28 - 11.44% Settlement ISO Interchange 3,480,401 50.44 6.49% (subtotal) ' Independent System Operator Day -Ahead Locational Marginal Price " Real Time Net Energy MAY 2014 ENERGY BY RESOURCE Swift Rater Proiects, 5.7% Brain_tee Watsun 0.7Yb 5U11IrTNL Hydt o, 4 Stanybrook rn;n,t,, � �V. s A% onybrook ermediate, 2.0%6 • NGI!s:one H3 • Seabrook T,. Stonybroot; Intermediate ■ JP Morgan ■ NextEra ■ VRA ■ ISO Interchange ■ BP Energy r- Summit Hydro ■ Braintree Watson Unit ■ Swift Fiver Prcjects ■ Exek:n Stonybrook Peaking The RMLD hit a demand of 100,172 kW, which occurred on May 12, at 6 pm. The RMLD's monthly UCAP requirement for May, 2014 was 215,566 kWs. Table 3 shows the sources of capacity that the RMLD utilized to meet its requirements. Table 3 Source Amount (kWs) Cost ($ /kW- month) Total Cost $ % of Total Cost Millstone #3 4,950 42.94 $212,535 15.46% Seabrook 7,903 37.89 $299,482 21.78% Stonybrook Peaking 24,981 2.00 $50,008 3.64% Stonybrook CC 42,925 3.55 $152,521 11.09% NYPA 4,019 4.19 $16,834 1.22% Hydro Quebec 4,683 0.02 $85 0.01% Nextera 60,000 5.50 $330,000 24.00% Braintree Watson Unit 10,520 11.50 $120,965 8.80% ISO -NE Supply Auction 55,585 3.46 $192,433 14.00% Total 215,566 $6.38 $1,374,862 100.00% Table 4 shows the dollar amounts for energy and capacity per source. Table 4 Cost of % of Amt of Energy Power Resource Energy Capacity Total cost Total Cost (kWh) ($ /kWh) Millstone #3 $21,239 $212,535 $233,774 7.53% 2,883,193 0.0811 Seabrook $45,360 $299,482 $344,842 11.11% 5,895,556 0.0585 Stonybrook Intermediate $55,134 $152,521 $207,655 6.69°0 1,061,425 0.1956 Hydro Quebec $0 $85 $85 0.00% - 0.0000 JP Morgan $462,586 $0 $462,586 14.90% 7,506,600 0.0616 NextEra $308,317 $330,000 $638,317 20.56% 6,292,000 0.1014 * NYPA $10,573 $16,834 $27,407 0.88% 2,149,054 0.0128 ISO Interchange $175,554 $192,433 $367,987 11.85% 3,480,401 0.1057 Nema Congestion - $686,293 $0 - $686,293 - 22.10% - 0.0000 BP Energy $407,524 $0 $407,524 13.13% 8,442,600 0.0483 * Summit Hydro /Collins /Pioneer $216,471 $0 $216,471 6.97% 2,427,209 0.0892 Braintree Watson Unit $34,580 $120.965 $155,545 5.019/6 355,379 0.4377 * Swift River Projects $309,110 $0 $309,110 9.96% 3,052,738 0.1013 Coop Resales $1,513 $0 $1,513 0.05% 10,617 0.1425 Constellation Energy $367,069 $0 $367,069 11.82% 10,085,400 0.0364 Stonybrook Peaking $1,155 $50,008 $51,163 1.65% 5,777 8.8563 Monthly Total $1,729,892 $1,374,862 $3,104,755 100.00% 53,647,949 0.0579 * Renewable Resources 14.22% RENEWABLE ENERGY CERTIFICATES (RECs) Table 5 shows the amount of banked and projected RECs for the Swift River Hydro Projects through May, 2014, as well as their estimated market value. TRANSMISSION The RMLD's total transmission costs for the month of May, 2014 were $628,818. This is a decrease of 28.89% from the April transmission cost of $884,256. In May, 2013 the transmission costs were $646,177. Table 6 Current Month Table 5 Last Year Peak Demand (kW) 100,172 Swift River RECs Summary 143,882 Energy (kWh) 53,647,949 Period - January 2014 - May 2014 56,418,457 Energy ($) Banked Projected Total Est. Capacity ($) RECs RECs RECs Dollars Woronoco 0 3,290 3,290 $136,535 Pepperell 0 2,733 2,733 $158,514 Indian River 0 1,410 1,410 $81,780 Turners Falls 0 1,300 1,300 $0 RECs Sold 0 $0 Grand Total 0 8,733 8,733 $376,829 TRANSMISSION The RMLD's total transmission costs for the month of May, 2014 were $628,818. This is a decrease of 28.89% from the April transmission cost of $884,256. In May, 2013 the transmission costs were $646,177. Table 6 Current Month Last Month Last Year Peak Demand (kW) 100,172 89,095 143,882 Energy (kWh) 53,647,949 52,441,173 56,418,457 Energy ($) $1,729,892 $2,460,081 $2.289,286 Capacity ($) $1,374,862 $1,324,168 $1,492,008 Transmission($) $628,818 $884,256 $646,177 Total $3,733,573 $4,668,506 $4,427,471 r r r ENERGY EFFICIENCY Table 7 shows the comprehensive results from the Energy Conservation program. The amount of savings is broken down by both demand and energy for the Commercial and Residential sectors. Table 7 Total $ Washing Machine Total Dishwasher Total $ Central A/C Commercial Year Capacity Saved (kW) I Energy Saved (kwh) Capacity $ /kW Energy $ /kWh Rebate Rebate /kWh Rebate /kW Cost Benefit Total to date FY07 -13 11,3461 46,338,741 $ 1,053,256 Dollars 2592993 Dollars $ 1,455,819 $ 0.03 $ 128.31 $ 2,190,431 Current FY14 9481 2,589,109 $ 130,290 $11.45 129455 $ 0.05 $ 259,427 $ 0.10 $ 273.58 $ 319 Residential Total to date FY07 -13 1,795 1,593,066 $ 168,790 83,191 $ 568,591 $ 0.36 $ 316.79 $ (316,610) Current FY14 216 106,666 $ 29,619 $11.45 5,333 $ 0.05 $ 138,230 $ 1.30 $ 641.24 $ (103,278) Total Total to date I FY07 -13 13,141 47,931,807 $ 1,222,046 $ 175 2,676,184 $ 1,700 $ 2,049,410 $ 0.04 $ 155.96 $ 1,848,820.24 Current FY14 1,164 2,695,775 $ 159,908 $11.45 134,789 $ 0.05 $ 397,657 $ 0.15 $ 341.68 $ (102,959) Table 8 shows the breakdown for residential appliance rebates by type and year. Table 8 Washing Machine Refrigerator Dishwasher Dehumidifier Central A/C Window A/C Thermostat Audits Renewable Air Source Heat Pumf HP Water Heater Fan Year JOTY IDollars QTY Dollars QTY Dollars QTY Dollars QTY Dollars QTY Dollars QTY Dollars QTY Dollars QTY Dollars QTY Dollars QTY Dollars QTY Dollars 20071 1 2008 86 $ 4,300 47 $ 2,350 55 $ 2,750 7 $ 175 17 $ 1,700 10 $ 250 23 $ 230 107 $ 14,940 2009 406 $ 20,300 259 $ 12,950 235 $ 11,750 40 $ 1,000 41 $ 4,100 50 $ 1,250 114 $ 1,140 107 $ 14,940 2010 519 $ 25,950 371 $ 18,550 382 $ 19,100 37 $ 925 64 $ 6,400 49 $ 1,225 127 $ 1,270 1 64 $ 8,960 1 6 $ 20,700 2011 425 $ 21,250 383 $ 19,150 1 313 $ 15,6501 47 $ 1,175 57 $ 5,700 1 65 $ 1,625 118 $ 1,180 180 $ 26,960 4 $ 18,000 2012 339 $ 16,950 354 $ 17,700 289 $ 14,450 38 $ 950 44 $ 4,400 56 $ 1,400 105 $ 1,050 219 $ 32,731 3 $ 14,000 9 $ 2,250 3 $ 30 2013 285 $ 14,250 336 $ 16,800 311 $ 15,550 29 $ 725 24 $ 2,400 54 $ 1,350 57 $ 570 375 $ 75,000 3 $ 15,000 $ 19 $ 1,900 A. $ 1,000 5 $ 50 2014 287 $ 14,350 279 $ 13,950 249 $ 12,450 24 $ 600 30 $ 3,000 71 $ 1,775 69 $ 1,035 349 $ 69,800 4 $ 17,250 $ 17 $ 1,700 9 $ 2,250 7 $ 70 Total 2347 $ 117,350 2029 $ 101,450 1834 $ 91,700 222 $ 5,550 277 $ 27,700 355 $ 8,875 613 $ 6,475 1401 $ 243,331 20 $ 84,950 36 $ 3,600 22 $ 5,500 15 $ 150 7/11/2014 Service Installations - Commercial /Industrial ALL 49,773 55,549 5,776 13 10:17 AM READING MUNICIPAL LIGHT DEPARTMENT 184,483 200,302 15,819 Total Service Connections FY 14 CAPITAL BUDGET VARIANCE REPORT 14 Routine Construction FOR PERIOD ENDING MAY 31, 2014 Various ALL 156,664 1,607,202 1,014,306 (592,896) Total Construction Projects ACTUAL YTD COST 219,382 2,283,036 3,309,414 1,026,378 COST THRU ANNUAL REMAINING PROJECT DESCRIPTION TOWN MAY MAY 2014 BUDGET BALANCE E &O Construction- System Projects 284,000 (57,226) 17A Meter Purchases 9,000 1 5W9 Reconductoring - Wildwood Street W 22,830 97,648 169,494 71,846 2 4W4 Reconductoring W AMR High- Powered ERT 500 Club Meter Upgrade Project 166,340 166,340 3 Upgrading Old Lynnfield Center URDs (Trog Hawley) (Partial Carryover) LC 71,284 140,827 69,543 4 Upgrading Old Lynnfield Center URDs (Cook's Farm) LC 12,594 13,549 410,983 397,434 5 4W5 - 4W6 Tie R 150,000 9,960 96,596 86,636 6 URD Upgrades -All Towns ALL 4,504 28,382 210,005 181,623 7 Stepdown Area Upgrades - All Towns ALL 5,133 55,720 232,817 177,097 100,000 Total System Projects 24 Repairs - 226 Ash Street, Station 1 (Multi -year Project) 520,000 520,000 Station Upgrades Communication Equipment 9,193 100,000 90,807 8 Relay Replacement Project - Gaw Station (Carryover) R 104,056 181,000 117,181 117,181 9 Gaw Station 35 kv Potential Transformer (PT) Replacement R 180,200 92,652 40,288 40,288 10 Station 3 - Replacement of Service Cutouts NR 150,000 30,126 30,126 11 Station 4 Getaway Replacement - 4W13 R 6,409 165,035 245,147 80,112 15 Station 5 - Getaway Replacements 5W9 and 5W10 W 95,343 95,343 Total Station Projects TOTAL CAPITAL BUDGET $ 233,726 3,391,953 6,102,008 SCADA Projects 30 RTU Replacement - Station 3 NR 84,109 84,109 Total SCADA Projects illliw New Customer Service Connections 12 Service Installations - Commercial /Industrial ALL 49,773 55,549 5,776 13 Service Installations - Residential Customers ALL 11,249 184,483 200,302 15,819 Total Service Connections 14 Routine Construction Various ALL 156,664 1,607,202 1,014,306 (592,896) Total Construction Projects 219,382 2,283,036 3,309,414 1,026,378 Other Projects 16 Transformers 341,226 284,000 (57,226) 17A Meter Purchases 9,000 42,710 138,000 95,290 17C AMR High- Powered ERT Comm. Meter Upgrade Project (Partial Carryover) 163,433 114,601 (48,832) 17D AMR High- Powered ERT 500 Club Meter Upgrade Project 92,713 92,713 18 Purchase New Pick -up Trucks 61,062 70,000 8,938 19 Purchase Two New Line Department Vehicles 350 186,604 400,000 213,396 20 Build Covered Storage (Multi -year Project) 150,000 150,000 21 HVAC System Upgrade (Multi -year Project) 275,000 275,000 22 Engineering Analysis Software and Data Conversion (Partial Carryover) 17,850 37,081 19,231 23 New Radio System (Multi -year Project) 95,235 100,000 4,765 24 Repairs - 226 Ash Street, Station 1 (Multi -year Project) 520,000 520,000 26 Communication Equipment 9,193 100,000 90,807 27 Hardware Upgrades 104,056 181,000 76,944 28 Software and Licensing 4,994 87,548 180,200 92,652 29 Master Site Plan and Photovoltaic Generation Installation 150,000 150,000 Total Other Projects $ 14,344 1,108,917 2,792,594 1,683,677 TOTAL CAPITAL BUDGET $ 233,726 3,391,953 6,102,008 2,710,056 ATTACHMENT 3 a Reading Municipal Light Department Engineering and Operations Monthly Report May 2014 Activity CAPITAL IMPROVEMENTS PROJECT SPENDING Complete Current Fiscal FY14 -15 Month YTD Construction Projects: Status 5W9 Reconductoring — Balladvale Area: 101 Completed the reconductoring of Ballardvale Street and 50% $22,830 $97,648 placed 5W9 back into service for the Summer. Project will restart in the Fall of 2014. (status updated 7117114) Upgrading of Old Lynnfield Center URDs (Cook's 104 Farm): 5% Bid is out for advertisement, pre -bid is scheduled for 7 -23- $12,594 $13,549 14 (status updated 7- 14 -14). Materials purchased in May. URD Upgrades — All Towns: 106 Transformer Replacements: Duane Drive, North On- $4,504 $28,382 Reading, Amherst Road, Wilmington; Blanchard Road, going Wilmington Stepdown Area Upgrades — All Towns: Worked on Bond and Vine Streets, Reading in May. On- 107 $5,133 $55,720 Currently continuing working in the Vine Street area, as going time allows. (status updated 7117114) Station Upgrades; 111 Station 4 (Gaw) Getaway Replacement — 4W13: 100% $6,409 $165,035 Contractor charges appear in May. New Customer Service Connections: • Service Installations — Commercial /Industrial Customers: This item includes new service connections, upgrades, and service replacements for the commercial and industrial customers. This represents the time and materials associated with the replacement of an existing or installation of a new overhead service drop and the connection of an underground service, etc. This does not include the time and materials associated with pole replacements /installations, transformer replacements /installations, primary or secondary cable replacements /installations, etc. These aspects of a project are captured under Routine Construction (as outlined below). There were no new Commercial /Industrial Service connections in May. • Service Installations — Residential Customers: This item includes new or upgraded overhead and underground services. July 15, 2014 Routine Construction/Capital Improvements: MAINTENANCE PROGRAMS Aged/Overloaded Transformer Replacement Single -Phase Transformer Replacements (May): Duane Drive, North Reading; Amherst Road, Wilmington; Blanchard Road, Wilmington. Three -Phase Transformer Inspection: to date (June through July 15) 52 three -phase transformers have been inspected. Pole Testing System -wide (600 -1,000 poles /year) Out to bid, pending selection of vendor to perform work. 13.8kV/35kV Feeders — Quarterly Inspections 3W8, 3W18, 5W8, 5W9 Manhole Inspections Pending. Porcelain Cutout Replacements (with Polymer) A total of 44 cutouts were changed out in May. Thirty -three were changed as part of the Porcelain Cutout Replacement Program and an additional 11 were replaced because of rimmonc July 15, 2014 Current Month Fiscal YTD Pole Setting/Transfers 18,711 341,276 Overhead /Underground 25,456 377,724 Projects Assigned as Required, including 32,636 363,945 • Haverhill Street, Pole relocations, NR • Mark Ave area upgrade, R • Sullivan Road service pole, NR • West Street (new services, W • Station 5 RTU replacement (Capital Project 810) Pole Damage /Knockdowns (some reimbursable) 5,065 68,930 • Work was done to repair or replace seven (7) damaged poles during May, Station Group 122 2,189 Hazmat/Oil Spills 0 51,786 Porcelain Cutout Replacement Program (see Maintenance 6,251 9,326 Programs for details Lighting (Street Light Connections) 953 39,326 Storm Trouble 0 22,403 Underground Subdivisions (new construction) 4,101 18,708 • MacGrane Road, W • Amherst Road, W • Johnson Woods, R Animal Guard Installation 5,645 35,538 Miscellaneous Capital Costs 57,724 276,051 TOTAL: $156,664 1 6 7 2 2 MAINTENANCE PROGRAMS Aged/Overloaded Transformer Replacement Single -Phase Transformer Replacements (May): Duane Drive, North Reading; Amherst Road, Wilmington; Blanchard Road, Wilmington. Three -Phase Transformer Inspection: to date (June through July 15) 52 three -phase transformers have been inspected. Pole Testing System -wide (600 -1,000 poles /year) Out to bid, pending selection of vendor to perform work. 13.8kV/35kV Feeders — Quarterly Inspections 3W8, 3W18, 5W8, 5W9 Manhole Inspections Pending. Porcelain Cutout Replacements (with Polymer) A total of 44 cutouts were changed out in May. Thirty -three were changed as part of the Porcelain Cutout Replacement Program and an additional 11 were replaced because of rimmonc July 15, 2014 IR Substations: Infared Scanning (Monthly) Station 3 Scanning began in June. Station 4 Scanning began in June. Station 5 Scanning began in June. Substation Maintenance Program • Inspection of all three stations by UPG in progress. SYSTEM RELIABILITY Key industry standard metrics have been identified to enable the RMLD to measure and track system reliability. SAIDI (System Average Interruption Duration Index) is defined as the average interruption duration (in minutes) for customers served by the utility system during a specific time period. SAIDI = the sum of all customer interruption durations within the specified time frame by the average number of customers served during that period. July 15, 2014 3 SAIDI 2010 -2014 100.00 - 90.00 _ 85.75 80.00 � 2010 70.00 2011 60.00 50.00 � 2012 40.00 � 2013 30.00 20.00 � 2014 YTD 10.00 Region Average 0.00 —National Average 2010 -2011 -2012 -2013 -2014 Average SAIDI July 15, 2014 3 SAM (System Average Interruption Frequency) is defined as the average number of instances a customer on the utility system will experience an interruption during a specific time period. SAIFI = the total number of customer interruptions _ average number of customers served during that period. CAIDI (Customer Average Interruption Duration Index) is defined as the average duration (in minutes) of an interruption experienced by customers during a specific time frame. CAIDI = the sum of all customer interruption durations during that time period _ the number of customers that experienced one or more interruptions during that time period inb niduic renects the average customer experience minutes of duration during an outage. CAIDI 2010 -2014 120.00 100.00 80.00 60.00 40.00 20.00 0.00 2010 -2011 -2012 -2013 -2014 Average CAIDI 2010 X2011 � 2012 � 2013 � 2014 YTD Region Average National Average Note: Since SAIDI, SAIFI and CAIDI are sustained interruption indices; only outages lasting longer than one minute are included in the calculations. July 15, 2014 4 19 SAM 2010 -2014 0.90 0.80 0.83 0.70 � 2010 0'60 0.55 - � 2011 0.50 ® 2012 0.40 0.30 � 2013 0.20 0.16 � 2014 YTD 0.10 Region Average 0.00 _ 2010 -2011 -2012 -2013 -2014 National Average Average SAM CAIDI (Customer Average Interruption Duration Index) is defined as the average duration (in minutes) of an interruption experienced by customers during a specific time frame. CAIDI = the sum of all customer interruption durations during that time period _ the number of customers that experienced one or more interruptions during that time period inb niduic renects the average customer experience minutes of duration during an outage. CAIDI 2010 -2014 120.00 100.00 80.00 60.00 40.00 20.00 0.00 2010 -2011 -2012 -2013 -2014 Average CAIDI 2010 X2011 � 2012 � 2013 � 2014 YTD Region Average National Average Note: Since SAIDI, SAIFI and CAIDI are sustained interruption indices; only outages lasting longer than one minute are included in the calculations. July 15, 2014 4 19 July 15, 2014 2014 Outage Causes Types YTD May 31, 2014 Utility Human Errror 2 3i° Natural Unknown , — 1 3 40 ■ Equipment N Wildl fe Tree Y Tree 16 ■ Unknown 220°01 O Utility Iluman Errror H Natural Wildlife 16 Dt: July 11, 2014 To: RMLB, Coleen O'Brien, Jeanne Foti Fr: Bob Fournier Sj: May 31, 2014 Report The results for the first eleven months ending May 31, 2014, for the fiscal year 2014 will be summarized in the following paragraphs. 1) Change in Net Assets: (Page 3A) For the month of May, the net income or the positive change in net assets was $1,375,793, making the year to date net income to $1,019,827. The year to date budgeted net income was $3,021,782, resulting in net income being under budget by $2,001,955or 66.25 %. Actual year to date fuel expenses exceeded fuel revenues by $322,833. 2) Revenues: (Page 11B) Year to date base revenues were under budget by $1,369,435 or 3.13 %. Actual base revenues were $42.4 million compared to the budgeted amount of $43.8 million. 3) Expenses: (Page 12A) *Year to date purchased power base expense was under budget by $178,590 or .68 %. Actual purchased power base costs were $26.0 million compared to the budgeted amount of $26.2 million. *Year to date operating and maintenance (O &M) expenses combined were under budget by $67,290 or .58 %. Actual O &M expenses were $11.6 million compared to the budgeted amount of $11.7 million. *Depreciation expense and voluntary payments to the Towns were on budget. 4) Cash: (Page 9) *Operating Fund was at $11,654,970. * Capital Fund balance was at $4,316,189. * Rate Stabilization Fund was at $6,719,955. * Deferred Fuel Fund was at $2,286,654. * Energy Conservation Fund was at $452,849. 5) General Information: Year to date kwh sales (Page 5) were 632,884,631 which is 10.0 million kwh or 1.56 %, behind last year's actual figure. 6) Budget Variance: Cumulatively, the five divisions were under budget by $42,879, or .23 %. ATTACHMENT 4 FINANCIAL REPORT MAY 31, 2014 �w ISSUE DATE: JULY 11, 2014 TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT BUSINESS -TYPE PROPRIETARY FUND STATEMENT OF NET ASSETS 5/31/14 (1) PREVIOUS YEAR CURRENT YEAR ASSETS CURRENT UNRESTRICTED CASH (SCH A P.9) 8,725,213.32 11,657,970.39 RESTRICTED CASH (SCH A P.9) 19,623,340.21 18,077,779.48 INVESTMENTS (SCH A P.9) 0.00 1,250,000.00 RECEIVABLES, NET (SCH B P.10) 7,583,306.81 5,570,983.16 PREPAID EXPENSES (SCH B P.10) 1,019,620.24 1,101,078.61 INVENTORY 1,575,212.39 1,400,830.71 TOTAL CURRENT ASSETS 38,526,692.97 39,058,642.35 NONCURRENT INVESTMENT IN ASSOCIATED CO (SCH C P.2) 43,074.63 31,379.32 CAPITAL ASSETS, NET (SCH C P.2) 70,528,734.60 70,121,704.61 TOTAL NONCURRENT ASSETS 70,571,809.23 70,153,083.93 TOTAL ASSETS 109,098,502.20 109,211,726.28 LIABILITIES CURRENT ACCOUNTS PAYABLE 4,537,683.71 5,784,186.76 CUSTOMER DEPOSITS 684,326.24 756,207.83 CUSTOMER ADVANCES FOR CONSTRUCTION 383,356.95 395,663.98 ACCRUED LIABILITIES 1,537,278.36 53,294.21 TOTAL CURRENT LIABILITIES 7,142,645.26 6,989,352.78 NONCURRENT ACCRUED EMPLOYEE COMPENSATED ABSENCES 2,986,360.21 2,885,367.88 TOTAL NONCURRENT LIABILITIES 2,986,360.21 2,885,367.88 TOTAL LIABILITIES 10,129,005.47 9,874,720.66 NET ASSETS INVESTED IN CAPITAL ASSETS, NET OF RELATED DEBT 70,528,734.60 70,121,704.61 RESTRICTED FOR DEPRECIATION FUND (P.9) 2,783,545.84 4,316,189.56 UNRESTRICTED 25,657,216.29 24,899,111.45 TOTAL NET ASSETS (P.3) 98,969,496.73 99,337,005.62 TOTAL LIABILITIES AND NET ASSETS 109,098,502.20 109,211,726.28 (1) TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT NONCURRENT ASSET SCHEDULE 5/31/14 SCHEDULE OF INVESTMENTS IN ASSOCIATED COMPANIES NEW ENGLAND HYDRO ELECTRIC NEW ENGLAND HYDRO TRANSMISSION TOTAL INVESTMENTS IN ASSOCIATED COMPANIES SCHEDULE OF CAPITAL ASSETS STRUCTURES AND IMPROVEMENTS EQUIPMENT AND FURNISHINGS INFRASTRUCTURE TOTAL CAPITAL ASSETS, NET TOTAL NONCURRENT ASSETS (2) SCHEDULE C PREVIOUS YEAR CURRENT YEAR 2,975.74 3,261.87 40,098.89 28,117.45 43,074.63 31,379.32 1,265,842.23 1,265,842.23 6,802,833.03 6,430,639.92 13,224,701.80 13,003,686.79 49,235,357.54 49,421,535.67 70,528,734.60 70,121,704.61 70,571,809.23 70,153,083.93 TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT BUSINESS -TYPE PROPRIETARY FUND STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS 5/31/14 OPERATING REVSNUBS: (SCH D P.11) BASS REVENUE FUEL REVENUE PURCHASED POWER CAPACITY FORFEITED DISCOUNTS ENERGY CONSERVATION REVENUE GAW REVENUE NYPA CREDIT TOTAL OPERATING REVENUES OPERATING EXPENSES: (SCH E P.12) PURCHASED POWER BASE PURCHASED POWER FUEL OPERATING MAINTENANCE DEPRECIATION VOLUNTARY PAYMENTS TO TOWNS TOTAL OPERATING EXPENSES OPERATING INCOME IPERATING REVENUES (EXPENSES) CONTRIBUTIONS IN AID OF CONST RETURN ON INVESTMENT TO READING INTEREST INCOME INTEREST EXPENSE OTHER (MDSE AND AMORT) TOTAL NONOPERATING REV (EXP) CHANGE IN NET ASSETS NET ASSETS AT BEGINNING OF YEAR NET ASSETS AT END OF MAY MONTH MONTH LAST YEAR CURRENT YEAR YTD % LAST YEAR CURRENT YEAR TO DATE TO DATE CHANGE 3,286,196.58 3,470,212.67 41,683,125.68 42,443,480.96 1.82% 2,260,618.34 3,152,035.67 32,053,062.75 30,615,412.86 -4.49% (275,678.84) 258,997.39 1,177,275.76 974,872.10 - 17.19% 57,983.14 62,385.37 879,061.52 868,803.54 -1.17% 49,448.13 47,740.23 632,948.19 622,933.84 -1.58% 50,244.73 0.00 642,726.33 489,669.08 - 23.81% (1.7,730.28_) (29,075.65)_ (689,366.10) (984,474.99) 42.81% 5,411,081.80 6,962,295.68 76,378,834.13 75,030,697.39 -1.77% 2,122,543.60 2,037,585.13 25,609,011.96 26,068,426.32 1.79% 2,289,286.11 1,729,892.46 30,839,806.50 29,953,770.82 -2.87% 805,848.14 904,215.43 8,850,509.16 8,987,593.13 1.55% 248,251.54 290,889.18 2,492,814.51 2,614,512.54 4.88% 305,469.18 314,969.55 3,360,160.98 3,464,665.05 3.11% 114,000.00 116,666.67 1,247,383.00 1,281,850.35 2.76% 5,885,398.57 5,394,218.42 72,399,686.11 72,370,818.21 -0.04% (474,316.77) 1,568,077.26 3,979,148.02 2,659,879.18 - 33.15% 33,507.40 3,654.12 154,070.50 53,637.02 - 65.19% (188,785.58) (212,743.27) (2,076,641.40) (2,130,427.45) 2.59% 2,457.09 12,162.91 32,144.58 69,556.14 116.39% (255.29) (252.25) (3,870.79) (3,944.98) 1.92% 87,759.89 4,893.96 350,585.83 371,126.92 5.86% (65,316.49) (192,284.53) (1,543,711.28) (1,640,052.35) 6.24% (539,633.26) 1,375,792.73 (3) 2,435,436.74 1,019,826.83 - 58.13% 96,534,059.99 98,317,178.79 1.85% 98,969,496.73 99,337,005.62 0.37% TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT BUSINESS -TYPE PROPRIETARY FUND STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS 5/31/14 OPERATING REVENUES: (SCH F P. 11B) BASE REVENUE FUEL REVENUE PURCHASED POWER CAPACITY FORFEITED DISCOUNTS ENERGY CONSERVATION REVENUE GAW REVENUE NYPA CREDIT TOTAL OPERATING REVENUES OPERATING EXPENSES: (SCH G P.12A) PURCHASED POWER BASE PURCHASED POWER FUEL OPERATING MAINTENANCE DEPRECIATION VOLUNTARY PAYMENTS TO TOWNS TOTAL OPERATING EXPENSES OPERATING INCOME NONOPERATING REVENUES (EXPENSES) CONTRIBUTIONS IN AID OF CONST RETURN ON INVESTMENT TO READING INTEREST INCOME INTEREST EXPENSE OTHER (MDSE AND AMORT) TOTAL NONOPERATING REV (EXP) CHANGE IN NET ASSETS NET ASSETS AT BEGINNING OF YEAR NET ASSETS AT END OF MAY * ( ) - ACTUAL UNDER BUDGET ACTUAL BUDGET % YEAR TO DATE YEAR TO DATE VARIANCE* CHANGE 42,443,480.96 43,812,916.00 (1,369,435.04) 30,615,412.86 30,148,933.00 466,479.86 974,872.10 971,808.00 3,064.10 868,803.54 963,884.00 (95,080.46) 622,933.84 654,067.00 (31,133.16) 489,669.08 654,066.00 (164,396.92) (_984,47.4.99)_ _ (641,663.00) (342,811.99) 75,030,697.39 76,564,011.00 (1,533,313.61) -3.13% 1.55% 0.32% -9.86% -4.76% - 25.13% 53.43% -2.00% 26,068,426.32 26,247,017.00 (178,590.68) -0.68% 29,953,770.82 29,235,177.00 718,593.82 2.46% 8,987,593.13 8,723,236.00 264,357.13 3.03% 2,614,512.54 2,946,160.00 (331,647.46) - 11.26% 3,464,665.05 3,460,600.00 4,065.05 0.12% 1,281,850.35 1,283,326.00 (1,475.65) -0.11% 72,370,818.21 71,895,516.00 475,302.21 0.66% 2,659,879.18 4,668,495.00 (2,008,615.82) - 43.02% 53,637.02 200,000.00 (146,362.98) - 73.18% (2,130,427.45) (2,109,800.00) (20,627.45) 0.98% 69,556.14 45,837.00 23,719.14 51.75% (3,944.98) (2,750.00) (1,194.98) 43.45% 371,126.92 220,000.00 151,126.92 68.69% (1,640,052.35) (1,646,713.00) 6,660.65 -0.40% 1,019,826.83 3,021,782.00 (2,001,955.17) 98,317,178.79 98,317,178.79 0.00 99,337,005.62 101,338,960.79 (2,001,955.17) (3A) - 66.25% 0.00% -1.98% A TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT RECONCILIATION OF CAPITAL FUNDS 5/31/14 SOURCE OF CAPITAL FUNDS: DEPRECIATION FUND BALANCE 7/1/13 CONSTRUCTION FUND BALANCE 7/1/13 INTEREST ON DEPRECIATION FUND FY 14 DEPRECIATION TRANSFER FY 14 TOTAL SOURCE OF CAPITAL FUNDS USE OF CAPITAL FUNDS: LESS PAID ADDITIONS TO PLANT THRU MAY GENERAL LEDGER CAPITAL FUNDS BALANCE 5/31/14 (4) 2,733,146.78 1,500,000.00 10,329.78 3,464,665.05 7,708,141.61 3,391,952.05 4,316,189.56 TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT SALES OFSKILOW TT HOURS (5) MONTH MONTH LAST YEAR CURRENT YEAR YTD % SALES OF ELECTRICITY: LAST YEAR CURRENT YEAR TO DATE TO DATE CHANGE RESIDENTIAL SALES 15,929,164 16,817,508 236,710,546 237,916,978 0.51% COMM. AND INDUSTRIAL SALES 31,870,592 29,404,994 377,581,825 366,294,306 -2.99% PRIVATE STREET LIGHTING 73,699 76,499 806,435 828,601 2.75% TOTAL PRIVATE CONSUMERS 47,873,455 46,299,001 615,098,806 605,039,885 -1.64% MUNICIPAL SALES: STREET LIGHTING 239,495 240,064 2,622,837 2,638,606 0.60% MUNICIPAL BUILDINGS 742,789 690,488 9,100,414 8,869,662 -2.54% TOTAL MUNICIPAL CONSUMERS 982,284 930,552 11,723,251 11,508,268 -1.83% SALES FOR RESALE 202,536 194,075 2,971,590 3,023,744 1.76% SCHOOL 1,146,467 1,083,745 13,152,875 13,312,734 1.22% TOTAL KILOWATT HOURS SOLD 50,204,742 48,507,373 642,946,522 632,884,631 -1.56% (5) TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT KILOWATT HOURS SOLD BY TOWN 5/31/14 TOTAL READING LYNNFIELD NO.READING WILMINGTON MONTH RESIDENTIAL 16,817,508 5,429,077 2,502,282 3,810,943 5,075,206 COMM & IND 29,404,994 3,470,149 228,943 4,376,490 21,329,412 PVT ST LIGHTS 76,499 12,977 1,470 23,814 38,238 PUB ST LIGHTS 240,064 80,702 32,500 42,175 84,687 MUNI BLDGS 690,488 192,313 137,944 107,920 252,311 SALES /RESALE 194,075 194,075 0 0 0 SCHOOL 1,083,745 368,049 245,307 141,040 329,349 TOTAL 48,507,373 9,747,342 3,148,446 8,502,382 27,109,203 YEAR TO DATE RESIDENTIAL 237,916,978 75,407,937 33,239,047 55,082,720 74,187,274 COMM & IND 366,294,306 46,042,221 2,965,047 57,029,103 260,257,935 PVT ST LIGHTS 828,601 143,963 15,620 252,288 416,730 PUB ST LIGHTS 2,638,606 887,542 357,500 462,107 931,457 MUNI BLDGS 8,869,662 2,504,558 1,751,692 1,521,254 3,092,158 SALES /RESALE 3,023,744 3,023,744 0 0 0 SCHOOL 13,312,734 4,708,594 2,997,395 1,674,400 3,932,345 TOTAL 632,884,631 132,718,559 41,326,301 116,021,872 342,817,899 LAST YEAR TO DATE RESIDENTIAL 236,710,546 74,502,948 33,466,441 54,560,238 74,180,919 COMM & IND 377,581,825 47,241,160 2,960,518 58,462,390 268,917,757 PVT ST LIGHTS 806,435 148,979 14,960 235,692 406,804 PUB ST LIGHTS 2,622,837 886,022 357,460 449,058 930,297 MUNI BLDGS 9,100,414 2,393,296 1,684,210 1,697,764 3,325,144 SALES /RESALE 2,971,590 2,971,590 0 0 0 SCHOOL 13,152,875 4,625,284 2,892,723 1,694,880 3,939,988 TOTAL 642,946,522 132,769,279 41,376,312 117,100,022 351,700,909 KILOWATT HOURS SOLD TO TOTAL TOTAL READING LYNNFIELD NO.READING WILMINGTON MONTH RESIDENTIAL 34.67% 11.19% 5.16% 7.86% 10.46% COMM & IND 60.62% 7.15% 0.47% 9.02% 43.98% PVT ST LIGHTS 0.16% 0.03% 0.00% 0.05% 0.08% PUB ST LIGHTS 0.50% 0.17% 0.07% 0.09% 0.17% MUNI BLDGS 1.42% 0.40% 0.28% 0.22% 0.52% SALES /RESALE 0.40% 0.40% 0.00% 0.00% 0.00% SCHOOL 2.23% 0.76% 0.51% 0.29% 0.67% TOTAL 100.00% 20.10% 6.49% 17.53% 55.88% YEAR TO DATE RESIDENTIAL 37.59% 11.91% 5.25% 8.70% 11.73% COMM & IND 57.88% 7.27% 0.47% 9.01% 41.13% PVT ST LIGHTS 0.13% 0.02% 0.00% 0.04% 0.07% PUB ST LIGHTS 0.42% 0.14% 0.06% 0.07% 0.15% MUNI BLDGS 1.40% 0.40% 0.28% 0.24% 0.48% SALES /RESALE 0.48% 0.48% 0.00% 0.00% 0.00% SCHOOL 2.10% 0.74% 0.47% 0.26% 0.63% TOTAL 100.00% 20.96% 6.53% 18.32% 54.19% LAST YEAR TO DATE RESIDENTIAL 36.83% 11.59% 5.21% 8.49% 11.54% COMM & IND 58.73% 7.35% 0.46% 9.09% 41.83% PVT ST LIGHTS 0.12% 0.02% 0.00% 0.04% 0.06% PUB ST LIGHTS 0.41% 0.14% 0.06% 0.07% 0.14% MUNI BLDGS SALES /RESALE 1.41% 0.46% 0.37% 0.46% 0.26% 0.00% 0.26% 0.00% 0.52% 0.00% SCHOOL 2.04% 0.72% 0.45% 0.26% 0.61% TOTAL 100.00% 20.65% 6.44% 18.21% 54.70% (6) TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT FORMULA INCOME 5/31/14 TOTAL OPERATING REVENUES (P.3) ADD: LESS: POLE RENTAL INTEREST INCOME ON CUSTOMER DEPOSITS OPERATING EXPENSES (P.3) CUSTOMER DEPOSIT INTEREST EXPENSE FORMULA INCOME (LOSS) (7) 75,030,697.39 77,296.08 2,716.12 (72,370,818.21) (3,944.98) 2,735,946.40 PI TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT GENERAL � 4ISTICS (8) MONTH OF MONTH OF 46 CHANGE YEAR THRU MAY 2013 MAY 2014 2013 2014 MAY 2013 MAY 2014 SALE OF KWH (P.5) 50,204,742 48,507,373 2.58% -1.56% 642,946,522 632,884,631 KWH PURCHASED 56,418,457 53,647,949 1.75% -0.89% 663,974,548 658,050,774 AVE BASE COST PER KWH 0.037621 0.037981 10.83% 2.71% 0.038569 0.039615 AVE BASE SALE PER KWH 0.065456 0.071540 -0.59% 3.44% 0.064831 0.067064 AVE COST PER KWH 0.078198 0.070226 -0.55% 0.14% 0.085017 0.085134 AVE SALE PER KWH 0.110484 0.136520 -2.24% 0.66% 0.114685 0.115438 FUEL CHARGE REVENUE (P.3) 2,242,888.06 3,122,960.02 -1.84% -5.52% 31,363,696.65 29,630,937.87 LOAD FACTOR 53.71% 73.36% PEAK LOAD 143,882 100,172 (8) $0.085 $0.070 $0.055 $0.040 $0.025 i kwh analysis $0.010 +- - - — - — - — - - - r - - -, tilgy I�,II( 1(iGl1pz�Cj Zpy�I�I111�g14/q,�� �IiGI�pI�� �OI���CI��yI3@I3gp jJq 3qy 3•y j3( 3GC, j3'I3CT ONB4;, 4gyI4 --.*.-base cost -�*-fuel cost A--fuel revenue --)* -base revenue TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT SCHEDULE OF CASH AND INVESTMENTS 5/31/14 UNRESTRICTED CASH CASH - OPERATING FUND CASH - PETTY CASH TOTAL UNRESTRICTED CASH RESTRICTED CASH CASH - DEPRECIATION FUND CASH - TOWN PAYMENT CASH - DEFERRED FUEL RESERVE CASH - RATE STABILIZATION FUND CASH - UNCOLLECTIBLE ACCTS RESERVE CASH - SICK LEAVE BENEFITS CASH - HAZARD WASTE RESERVE CASH - CUSTOMER DEPOSITS CASH - ENERGY CONSERVATION CASH - OPEB TOTAL RESTRICTED CASH INVESTMENTS SICR LEAVE BUYBACK TOTAL CASH BALANCE (9) SCHEDULE A PREVIOUS YEAR CURRENT YEAR 8,722,213.32 11,654,970.39 3,000.00 3,000.00 8,725,213.32 11,657,970.39 2,783,545.84 1,513,927.50 2,793,934.63 6,691,258.15 200,000.00 2,988,453.45 150,000.00 684,326.24 322,604.15 1,495,290.25 4,316,189.56 1,542,175.45 2,286,654.43 6,719,955.90 200,000.00 1,653,746.92 150,000.00 756,207.83 452,849.39 0.00 19,623,340.21 18,077,779.48 0.00 1,250,000.00 28,348,553.53 30,985,749.87 TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT SCHEDULE OF ACCOUNTS RECEIVABLE 5/31/14 UNBILLED ACCOUNTS RECEIVABLE 4,915,936.83 TOTAL ACCOUNTS RECEIVABLE, NET 7,583,306.81 SCHEDULE OF PREPAYMENTS PREPAID INSURANCE PREVIOUS YEAR SCHEDULE OF ACCOUNTS RECEIVABLE 65,467.79 RESIDENTIAL AND COMMERCIAL 2,989,990.35 ACCOUNTS RECEIVABLE - OTHER 188,360.06 ACCOUNTS RECEIVABLE - LIENS 28,132.35 ACCOUNTS RECEIVABLE - EMPLOYEE ADVANCES 892.14 SALES DISCOUNT LIABILITY (262,144.63) RESERVE FOR UNCOLLECTIBLE ACCOUNTS (277,860.29) TOTAL ACCOUNTS RECEIVABLE BILLED 2,667,369.98 UNBILLED ACCOUNTS RECEIVABLE 4,915,936.83 TOTAL ACCOUNTS RECEIVABLE, NET 7,583,306.81 SCHEDULE OF PREPAYMENTS PREPAID INSURANCE 519,624.10 PREPAYMENT PURCHASED POWER 65,467.79 PREPAYMENT NYPA 241,849.32 PREPAYMENT WATSON 178,155.33 PURCHASED POWER WORKING CAPITAL 14,523.70 TOTAL PREPAYMENT 1,019,620.24 ACCOUNTS RECEIVABLE AGING MAY 2014: RESIDENTIAL AND COMMERCIAL 1,745,200.01 LESS: SALES DISCOUNT LIABILITY (174,199.37) GENERAL LEDGER BALANCE 1,571,000.64 CURRENT 1,222,282.82 77.81% 30 DAYS 247,837.40 15.78% 60 DAYS 48,300.41 3.07% 90 DAYS 11,844.24 0.75% OVER 90 DAYS 40,735.77 2.59% TOTAL 1,571,000.64 100.00% (10) SCHEDULE B CURRENT YEAR 1,745,200.01 37,477.31 37,169.47 892.14 (174,199.37) (233,578.90) 1,412,960.66 4,158,022.50 5,570,983.16 516,659.28 59,415.46 242,260.90 268,219.27 14,523.70 1,101,078.61 PC TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT SCHEDULE OF OPERATING REVENUE 5/31/14 (ii) SCHEDULE D MONTH MONTH LAST YEAR CURRENT YEAR YTD % SALES OF ELECTRICITY: LAST YEAR CURRENT YEAR TO DATE TO DATE CHANGE RESIDENTIAL SALES 1,991,361.32 2,513,884.46 30,280,691.12 30,526,633.42 0.81% COMM AND INDUSTRIAL SALES 3,291,230.73 3,800,094.69 40,211,909.56 39,266,902.29 -2.35% PRIVATE STREET LIGHTING 5,615.74 7,410.55 64,927.97 66,135.29 1.86% TOTAL PRIVATE CONSUMERS 5,288,207.79 6,321,389.70 70,557,528.65 69,859,671.00 -0.99% MUNICIPAL SALES: STREET LIGHTING 27,209.24 33,029.17 311,418.87 312,279.25 0.28% MUNICIPAL BUILDINGS 84,324.29 96,536.08 1,044,819.41 1,037,116.60 -0.74% TOTAL MUNICIPAL CONSUMERS 111,533.53 129,565.25 1,356,238.28 1,349,395.85 -0.50% SALES FOR RESALE 23,202.21 26,894.24 352,454.85 359,064.83 1.88% SCHOOL 123,871.39 144,399.15 1,469,966.65 1,490,762.14 1.41% SUB -TOTAL 5,546,814.92 6,622,248.34 73,736,188.43 73,058,893.82 -0.92% FORFEITED DISCOUNTS 57,983.14 62,385.37 879,061.52 868,803.54 -1.17% PURCHASED POWER CAPACITY (275,678.84) 258,997.39 1,177,275.76 974,872.10 - 17.19% ENERGY CONSERVATION - RESIDENTIAL 15,946.05 16,824.22 236,867.89 238,042.52 0.50% ENERGY CONSERVATION - COMMERCIAL 33,502.08 30,916.01 396,080.30 384,891.32 -2.82% GAW REVENUE 50,244.73 0.00 642,726.33 489,669.08 - 23.81% NYPA CREDIT (17,730.28) (29,075.65) (689,366.10) (984,474.99) 42.81% TOTAL REVENUE 5,411,081.80 6,962,295.68 75,030,697.39 -1.77% 76,378,834.13 (ii) TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT SCHEDULE OF OPERATING REVENUE BY TOWN 5/31/14 TOTAL READING LYNNFIELD NO.READING WILMINGTON MONTH RESIDENTIAL 2,513,884.46 814,740.82 371,492.45 569,263.87 758,387.32 INDUS /MUNI BLDG 3,896,630.77 500,359.66 51,028.58 629,740.88 2,715,501.65 PUB.ST.LIGHTS 33,029.17 10,772.75 4,265.93 5,877.79 12,112.70 PRV.ST.LIGHTS 7,410.55 1,248.92 139.65 2,368.47 3,653.51 CO -OP RESALE 26,894.24 26,894.24 0.00 0.00 0.00 SCHOOL 144,399.15 49,733.99 32,022.28 19,262.79 43,380.09 TOTAL 6,622,248.34 1,403,750.38 458,948.89 1,226,513.80 3,533,035.27 THIS YEAR TO DATE RESIDENTIAL 30,526,633.42 9,719,604.98 4,238,879.07 7,062,850.25 9,505,299.12 INDUS /MUNI BLDG 40,304,018.89 5,565,921.08 548,121.02 6,508,549.42 27,681,427.37 PUB.ST.LIGHTS 312,279.25 101,572.00 40,132.66 55,527.58 115,047.01 PRV.ST.LIGHTS 66,135.29 11,369.62 1,222.76 20,821.76 32,721.15 CO -OP RESALE 359,064.83 359,064.83 0.00 0.00 0.00 SCHOOL 1,490,762.14 530,098.68 329,313.64 193,897.57 437,452.25 TOTAL 73,058,893.82 16,287,631.19 5,157,669.13 13,841,646.59 37,771,946.91 LAST YEAR TO DATE RESIDENTIAL 30,280,691.12 9,566,152.02 4,256,486.80 6,971,778.49 9,486,273.81 INDUS /MUNI BLDG 41,256,728.97 5,648,638.13 526,514.20 6,596,841.45 28,484,735.19 PUB.ST.LIGHTS 311,418.87 101,085.46 40,005.63 56,047.37 114,280.41 PRV.ST.LIGHTS 64,927.97 11,823.39 1,186.15 19,647.44 32,270.99 CO -OP RESALE 352,454.85 352,454.85 0.00 0.00 0.00 SCHOOL 1,469,966.65 521,229.40 318,518.95 194,628.57 435,589.73 TOTAL 73,736,188.43 16,201,383.25 5,142,711.73 13,838,943.32 38,553,150.13 PERCENTAGE OF OPERATING INCOME TO TOTAL TOTAL READING LYNNFIELD NO.READING WILMINGTON MONTH RESIDENTIAL 37.96% 12.30% 5.61% 8.60% 11.45% INDUS /MUNI BLDG 59.06% 7.56% 0.77% 9.51% 41.22% PUB.ST.LIGHTS 0.51% 0.16% 0.06% 0.09% 0.19% PRV.ST.LIGHTS 0.11% 0.02% 0.00% 0.04% 0.05% CO -OP RESALE 0.41% 0.41% 0.00% 0.00% 0.00% SCHOOL 2.18% 0.75% 0.48% 0.29% 0.66% TOTAL 100.22% 21.30% 6.96% 18.52% 53.57% THIS YEAR TO DATE RESIDENTIAL 41.78% 13.30% 5.80% 9.67% 13.01% INDUS /MUNI BLDG 55.17% 7.62% 0.75% 8.91% 37.89% PUB.ST.LIGHTS 0.43% 0.14% 0.05% 0.08% 0.16% PRV.ST.LIGHTS 0.09% 0.02% 0.00% 0.03% 0.04% CO -OP RESALE 0.49% 0.49% 0.00% 0.00% 0.00% SCHOOL 2.04% 0.73% 0.45% 0.27% 0.59% TOTAL 100.00% 22.31% 7.05% 18.92% 51.69% LAST YEAR TO DATE RESIDENTIAL 41.07% 12.97% 5.77% 9.46% 12.87% INDUS /MUNI BLDG 55.95% 7.66% 0.71% 8.95% 38.63% PUB.ST.LIGHTS 0.42% 0.14% 0.05% 0.08% 0.15% PRV.ST.LIGHTS 0.09% 0.02% 0.00% 0.03% 0.04% CO -OP RESALE 0.48% 0.48% 0.00% 0.00% 0.00% SCHOOL 1.99% 0.71% 0.43% 0.26% 0.59% TOTAL 100.0096 21.98% 6.96% 18.78% 52.28% (11A) TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT BUDGETED REVENUE /31/14 N VARIANCE REPORT SCHEDULE F * ( ) . ACTUAL UNDER BUDGET (11B) ACTUAL BUDGET % YEAR TO DATE YEAR TO DATE VARIANCE * CHANGE SALES OF ELECTRICITY: RESIDENTIAL 19,030,408.43 19,387,706.00 (357,297.57) -1.84% COMM AND INDUSTRIAL SALES PRIVATE STREET LIGHTING 22,172,018.93 23,173,707.00 (1,001,688.07) -4.32% MUNICIPAL BUILDINGS PUBLIC STREET LIGHTING 183,940.05 183,139.00 801.05 0.44% SALES FOR RESALE 213,481.34 250,459.00 (36,977.66) - 14.76% SCHOOL 843,632.21 817,905.00 25,727.21 3.15% TOTAL BASE SALES 42,443,480.96 43,812,916.00 (1,369,435.04) -3.13% TOTAL FUEL SALES 30,615,412.86 30,148,933.00 466,479.86 1.55% TOTAL OPERATING REVENUE 73,058,893.82 73,961,849.00 (902,955.18) -1.22% FORFEITED DISCOUNTS 868,803.54 963,884.00 (95,080.46) -9.86% PURCHASED POWER CAPACITY 974,872.10 971,808.00 3,064.10 0.32% ENERGY CONSERVATION - RESIDENTIAL 238,042.52 239,556.00 (1,513.48) -0.63% ENERGY CONSERVATION - COMMERCIAL 384,891.32 414,511.00 (29,619.68) -7.15% GAW REVENUE 489,669.08 654,066.00 (164,396.92) - 25.13% PASNY CREDIT (984,474.99) (641,663.00) (342,811.99) 53.43% TOTAL OPERATING REVENUES 75,030,697.39 76,564,011.00 (1,533,313.61) -2.00% * ( ) . ACTUAL UNDER BUDGET (11B) TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT SCHEDULE OF OPERATING EXPENSES 5/31/14 SCHEDULE E DEPRECIATION EXPENSE PURCHASED POWER FUEL EXPENSE VOLUNTARY PAYMENTS TO TOWNS TOTAL OPERATING EXPENSES 305,469.18 2,289,286.11 314,969.55 3,360,160.98 3,464,665.05 3.11% 1,729,892.46 30,839,806.50 29,953,770.82 -2.87% 114,000.00 116,666.67 1,247,383.00 1,281,850.35 2.76% 5,885,398.57 5,394,218.42 72,399,686.11 72,370,818.21 -0.04% (12) PC MONTH MONTH LAST YEAR CURRENT YEAR YTD % OPERATION EXPENSES: LAST YEAR CURRENT YEAR TO DATE TO DATE CHANGE PURCHASED POWER BASE EXPENSE 2,122,543.60 2,037,585.13 25,609,011.96 26,068,426.32 1.79% OPERATION SUP AND ENGINEERING EXP 47,504.86 48,712.45 465,633.49 468,990.96 0.72% STATION SUP LABOR AND MISC 6,181.07 13,895.85 68,248.57 110,617.90 62.08% LINE MISC LABOR AND EXPENSE 86,448.85 89,772.05 643,407.83 750,763.70 16.69% STATION LABOR AND EXPENSE 35,427.46 45,102.48 447,159.26 447,347.10 0.04% STREET LIGHTING EXPENSE 5,973.11 7,068.13 71,162.58 67,246.69 -5.50% METER EXPENSE 17,255.48 21,820.58 171,444.50 202,305.25 18.00% MISC DISTRIBUTION EXPENSE 31,426.82 35,662.29 317,843.46 341,075.36 7.31% METER READING LABOR & EXPENSE 3,954.95 654.52 71,613.43 18,857.65 - 73.67% ACCT & COLL LABOR & EXPENSE 127,123.56 130,138.79 1,367,162.87 1,385,720.42 1.36% UNCOLLECTIBLE ACCOUNTS 8,333.33 10,500.00 91,666.63 115,500.00 26.00% ENERGY AUDIT EXPENSE 61,040.56 35,683.74 497,974.28 340,745.97 - 31.57% ADMIN & GEN SALARIES 62,842.01 84,349.97 694,024.21 811,412.31 16.91% OFFICE SUPPLIES & EXPENSE 22,087.34 28,252.18 236,423.72 265,712.78 12.39% OUTSIDE SERVICES 52,613.11 30,681.25 486,394.01 378,355.94 - 22.21% PROPERTY INSURANCE 29,926.00 29,863.75 339,947.43 319,169.26 -6.11% INJURIES AND DAMAGES 3,996.02 3,408.29 41,109.76 38,891.58 -5.40% EMPLOYEES PENSIONS & BENEFITS 151,201.54 234,018.54 1,886,208.59 2,100,340.11 11.35% MISC GENERAL EXPENSE 6,328.84 6,790.94 150,404.43 146,837.50 -2.37% RENT EXPENSE 24,270.45 17,235.30 195,810.04 188,596.54 -3.68% ENERGY CONSERVATION 21,912.78 30,604.33 606,870.07 489,106.11 - 19.41% TOTAL OPERATION EXPENSES 805,848.14 904,215.43 8,850,509.16 8,987,593.13 1.55% MAINTENANCE EXPENSES: MAINT OF TRANSMISSION PLANT 227.08 227.08 2,497.90 2,497.90 0.00 MAINT OF STRUCT AND EQUIPMT 11,115.03 16,015.67 130,313.24 160,293.59 23.07 MAINT OF LINES - OH 127,354.44 198,055.11 1,385,609.15 1,529,732.12 10.4 MAINT OF LINES - UG 17,881.39 13,483.49 172,707.00 176,523.21 2.21% MAINT OF LINE TRANSFORMERS 6,728.12 0.00 134,838.40 87,218.31 - 35.32% MAINT OF ST LT & SIG SYSTEM (82.59) (35.22) (103.33) (482.88) 367.32% MAINT OF GARAGE AND STOCKROOM 62,321.19 54,179.10 517,477.28 515,335.39 -0.41% MAINT OF METERS 8,304.83 0.00 38,991.82 11,645.67 - 70.13% MAINT OF GEN PLANT 14,402.05 8,963.95 110,483.05 131,749.23 19.25% TOTAL MAINTENANCE EXPENSES 248,251.54 290,889.18 2,492,814.51 2,614,512.54 4.88% DEPRECIATION EXPENSE PURCHASED POWER FUEL EXPENSE VOLUNTARY PAYMENTS TO TOWNS TOTAL OPERATING EXPENSES 305,469.18 2,289,286.11 314,969.55 3,360,160.98 3,464,665.05 3.11% 1,729,892.46 30,839,806.50 29,953,770.82 -2.87% 114,000.00 116,666.67 1,247,383.00 1,281,850.35 2.76% 5,885,398.57 5,394,218.42 72,399,686.11 72,370,818.21 -0.04% (12) PC TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT BUDGETED OPERATING EXPENSE VARIANCE REPORT 5/31/14 SCHEDULE G * ( ) . ACTUAL UNDER BUDGET (12A) ACTUAL BUDGET % OPERATION EXPENSES: YEAR TO DATE YEAR TO DATE VARIANCE * CHANGE PURCHASED POWER BASE EXPENSE 26,068,426.32 26,247,017.00 (178,590.68) -0.68% OPERATION SUP AND ENGINEERING EXP 468,990.96 424,430.00 44,560.96 10.50% STATION SUP LABOR AND MISC 110,617.90 80,933.00 29,684.90 36.68% LINE MISC LABOR AND EXPENSE 750,763.70 677,973.00 72,790.70 10.74% STATION LABOR AND EXPENSE 447,347.10 405,606.00 41,741.10 10.29% STREET LIGHTING EXPENSE 67,246.69 82,462.00 (15,215.31) - 18.45% METER EXPENSE 202,305.25 196,598.00 5,707.25 2.90% MISC DISTRIBUTION EXPENSE 341,075.36 359,471.00 (18,395.64) -5.12% METER READING LABOR & EXPENSE 18,857.65 42,008.00 (23,150.35) - 55.11% ACCT & COLL LABOR & EXPENSE 1,385,720.42 1,424,174.00 (38,453.58) -2.70% UNCOLLECTIBLE ACCOUNTS 115,500.00 115,500.00 0.00 0.00% ENERGY AUDIT EXPENSE 340,745.97 372,988.00 (32,242.03) -8.64% ADMIN & GEN SALARIES 811,412.31 717,507.00 93,905.31 13.09% OFFICE SUPPLIES & EXPENSE 265,712.78 245,850.00 19,862.78 8.08% OUTSIDE SERVICES 378,355.94 387,949.00 (9,593.06) -2.47% PROPERTY INSURANCE 319,169.26 422,125.00 (102,955.74) - 24.39% INJURIES AND DAMAGES 38,891.58 53,388.00 (14,496.42) - 27.15% EMPLOYEES PENSIONS & BENEFITS 2,100,340.11 1,725,888.00 374,452.11 21.70% MISC GENERAL EXPENSE 146,837.50 211,261.00 (64,423.50) - 30.49% RENT EXPENSE 188,596.54 194,337.00 (5,740.46) -2.95% ENERGY CONSERVATION 489,106.11 582,788.00 (93,681.89) - 16.07% TOTAL OPERATION EXPENSES 8,987,593.13 8,723,236.00 264,357.13 3.03% MAINTENANCE EXPENSES: MAINT OF TRANSMISSION PLANT 2,497.90 2,750.00 (252.10) -9.17% MAINT OF STRUCT AND EQUIPMENT 160,293.59 95,369.00 64,924.59 68.08% MAINT OF LINES - OH 1,529,732.12 1,453,318.00 76,414.12 5.26% MAINT OF LINES - UG 176,523.21 444,740.00 (268,216.79) - 60.31% MAINT OF LINE TRANSFORMERS 87,218.31 151,737.00 (64,518.69) - 42.52% MAINT OF ST LT & SIG SYSTEM (482.88) 9,523.00 (10,005.88) - 105.07% MAINT OF GARAGE AND STOCKROOM 515,335.39 616,360.00 (101,024.61) - 16.39% MAINT OF METERS 11,645.67 39,251.00 (27,605.33) - 70.33% MAINT OF GEN PLANT 131,749.23 133,112.00 (1,362.77) -1.02% TOTAL MAINTENANCE EXPENSES 2,614,512.54 2,946,160.00 (331,647.46) - 11.26% DEPRECIATION EXPENSE 3,464,665.05 3,460,600.00 4,065.05 0.12% PURCHASED POWER FUEL EXPENSE 29,953,770.82 29,235,177.00 718,593.82 2.46% VOLUNTARY PAYMENTS TO TOWNS 1,281,850.35 1,283,326.00 (1,475.65) -0.11% TOTAL OPERATING EXPENSES 72,370,818.21 475,302.21 0.66% 71,895,516.00 * ( ) . ACTUAL UNDER BUDGET (12A) TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT BUDGETED OPERATING EXPENSE VARIANCE REPORT 5/31/14 PI (12B) RESPONSIBLE REMAINING SENIOR 2014 ACTUAL BUDGET REMAINING OPERATION EXPENSES: MANAGER ANNUAL BUDGET YEAR TO DATE BALANCE BUDGET % PURCHASED POWER BASE EXPENSE JP 29,123,336.00 26,068,426.32 3,054,909.68 10.49% OPERATION SUP AND ENGINEERING EXP HJ 467,978.00 468,990.96 (1,012.96) -0.22% STATION SUP LABOR AND MISC HJ 90,088.00 110,617.90 (20,529.90) - 22.79% LINE MISC LABOR AND EXPENSE HJ 729,521.00 750,763.70 (21,242.70) -2.91% STATION LABOR AND EXPENSE HJ 446,308.00 447,347.10 (1,039.10) -0.23% STREET LIGHTING EXPENSE HJ 90,729.00 67,246.69 23,482.31 25.88% METER EXPENSE HJ 218,064.00 202,305.25 15,758.75 7.23% MISC DISTRIBUTION EXPENSE HJ 396,379.00 341,075.36 55,303.64 13.95% METER READING LABOR & EXPENSE HJ 46,322.00 18,857.65 27,464.35 59.29% ACCT & COLL LABOR & EXPENSE RF 1,570,864.00 1,385,720.42 185,143.58 11.79% UNCOLLECTIBLE ACCOUNTS RF 126,000.00 115,500.00 10,500.00 8.33% ENERGY AUDIT EXPENSE JP 416,982.00 340,745.97 76,236.03 18.28% ADMIN & GEN SALARIES CO 794,002.00 811,412.31 (17,410.31) -2.19% OFFICE SUPPLIES & EXPENSE CO 268,000.00 265,712.78 2,287.22 0.85% OUTSIDE SERVICES CO 419,150.00 378,355.94 40,794.06 9.73% PROPERTY INSURANCE HJ 460,600.00 319,169.26 141,430.74 30.71% INJURIES AND DAMAGES HJ 58,206.00 38,891.58 19,314.42 33.18% EMPLOYEES PENSIONS & BENEFITS HJ 1,870,479.00 2,100,340.11 (229,861.11) - 12.29% MISC GENERAL EXPENSE CO 219,695.00 146,837.50 72,857.50 33.16% RENT EXPENSE HJ 212,000.00 188,596.54 23,403.46 11.04% ENERGY CONSERVATION JP 636,761.00 489,106.11 147,654.89 23.19% TOTAL OPERATION EXPENSES 9,538,128.00 8,987,593.13 550,534.87 5.77% MAINTENANCE EXPENSES: MAINT OF TRANSMISSION PLANT HJ 3,000.00 2,497.90 502.10 16.7 MAINT OF STRUCT AND EQUIPMT HJ 105,738.00 160,293.59 (54,555.59) -51.6 MAINT OF LINES - OH HJ 1,604,829.00 1,529,732.12 75,096.88 4.68% MAINT OF LINES - UG HJ 485,432.00 176,523.21 308,908.79 63.64% MAINT OF LINE TRANSFORMERS HJ 160,000.00 87,218.31 72,781.69 45.49% MAINT OF ST LT & SIG SYSTEM HJ 10,487.00 (482.88) 10,969.88 104.60% MAINT OF GARAGE AND STOCKROOM HJ 668,507.00 515,335.39 153,171.61 22.91% MAINT OF METERS HJ 41,160.00 11,645.67 29,514.33 71.71% MAINT OF GEN PLANT RF 145,480.00 131,749.23 13,730.77 9.44% TOTAL MAINTENANCE EXPENSES 3,224,633.00 2,614,512.54 610,120.46 18.92% DEPRECIATION EXPENSE RF 3,775,200.00 3,464,665.05 310,534.95 8.23% PURCHASED POWER FUEL EXPENSE JP 31,789,470.00 29,953,770.82 1,835,699.18 5.77% VOLUNTARY PAYMENTS TO TOWNS RF 1,400,000.00 1,281,850.35 118,149.65 8.44% TOTAL OPERATING EXPENSES 78,850,767.00 72,370,818.21 8.22% 6,479,948.79 PI (12B) TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT PROFESSIONAL SERVICES 05/31/2014 PROFESSIONAL SERVICES BY PROJECT PROFESSIONAL SERVICES BY VENDOR ACTUAL MELANSON HEATH & COMPANY ITEM DEPARTMENT ACTUAL BUDGET VARIANCE 1 RMLD AND PENSION TRUST AUDIT FEES ACCOUNTING 32,500.00 32,250.00 250.00 2 PENSION ACTUARIAL EVALUATION ACCOUNTING 3,850.00 6,000.00 (2,150.00) 3 LEGAL- FERC /ISO ISSUES ENERGY SERVICE 17,505.05 16,500.00 11005.05 4 LEGAL- POWER SUPPLY ISSUES ENERGY SERVICE 103,702.94 41,250.00 62,452.94 5 PROFESSIONAL SERVICES ENERGY SERVICE 22,991.19 22,000.00 991.19 6 NERC COMPLIANCE AND AUDIT E & 0 17,354.50 12,000.00 5,354.50 7 LEGAL ENGINEERING 0.00 13,750.00 (13,750.00) 8 LEGAL - GENERAL GM 108,897.91 137,500.00 (28,602.09) 9 LEGAL SERVICES- OTHER HR 16,748.47 38,500.00 (21,751.53) 10 LEGAL SERVICES- NEGOTIATIONS HR 21,764.55 7,000.00 14,764.55 11 LEGAL SERVICES - ARBITRATION HR 8,341.43 21,900.00 (13,558.57) 12 LEGAL GENERAL BLDG. MAINT. 0.00 1,375.00 (1,375.00) 13 SURVEY RIGHT OF WAY BLDG. MAINT. 0.00 4,587.00 (4,587.00) 14 ENVIRONMENTAL BLDG. MAINT. 405.00 4,587.00 (4,182.00) 15 INSURANCE CONSULTANT GEN. BENEFIT 0.00 9,163.00 (9,163.00) 16 LEGAL GEN. BENEFIT 64.60 4,587.00 (4,522.40) 17 LEGAL MATS MGMT GEN. BENEFIT 950.00 15,000.00 (14,050.00) 18 DSA BASIC CLIENT SERVICE ENGINEERING 1,875.00 0.00 1,875.00 19 ORGANIZATIONAL STUDY GM 21,405.30 0.00 21,405.30 TOTAL 378,355.94 387,949.00 (9,593.06) PROFESSIONAL SERVICES BY VENDOR ACTUAL MELANSON HEATH & COMPANY 32,500.00 UTILITY SERVICES, INC. 16,002.50 DUNCAN AND ALLEN 34,423.86 RUBIN AND RUDMAN 195,446.72 DOBLE ENGINEERING 1,875.00 CHOATE HALL & STEWART 34,062.80 JAMES COLLINS- ARBITRATOR 600.00 WILLIAM CROWLEY 2,080.00 ENERGY NEW ENGLAND 81900.00 BERRYDUNN 6,445.00 PLM 20,849.00 HUDSON RIVER ENERGY GROUP 2,249.72 KEYSTONE PARTNERS LLC 5,000.00 CUSHING, JAMMALLO & WHEELER 405.00 CMEEC 7,337.19 STONE CONSULTING INC. 3,850.00 COTTE MANAGEMENT CONSULTING LLC 6,329.15 TOTAL 378,355.94 (13) RMLD DEFERRED FUEL CASH RESERVE ANALYSIS 5/31/14 GROSS DATE CHARGES REVENUES NYPA CREDIT Jun -13 Jul -13 3,464,349.32 2,953,072.91 (53,841.00) Aug -13 2,767,250.13 3,385,440.39 (33,645.12) Sep -13 2,168,234.24 3,096,134.62 (61,811.13) Oct -13 1,994,534.42 2,147,543.67 (23,964.99) Nov -13 1,738,646.02 2,201,768.18 (53,708.49) Dec -13 3,666,453.24 2,053,822.16 (45,701.57) Jan -14 3,161,945.22 2,487,172.37 (88,308.33) Feb -14 3,381,465.32 2,880,989.98 (176,031.57) Mar -14 3,420,919.01 3,049,133.54 (321,914.91) Apr -14 2,460,081.44 3,208,299.37 (96,472.23) May -14 1,729,892.46 3,152,035.67 (29,075.65) (14) MONTHLY DEFERRED (565,117.41) 584,545.14 866,089.25 129,044.26 409,413.67 (1,658,332.65) (763,081.18) (676,506.91) (693,700.38) 651,745.70 1,393,067.56 TOTAL DEFERRED 2,609,487.38 2,044,369.97 2,628,915.11 3,495,004.36 3,624,048.62 4,033,462.29 2,375,129.64 1,612,048.46 935,541.55 241,841.17 893,586.87 2,286,654.43 RMLD BUDGET VARIANCE REPORT FOR PERIOD ENDING MAY 31, 2014 DIVISION ACTUAL BUDGET VARIANCE CHANGE ENGINEERING AND OPERATIONS 4,278,294 4,321,444 (43,150) -1.00% ENERGY SERVICES 972,183 1,035,529 (63,346) -6.12% GENERAL MANAGER 728,711 794,179 (65,468) -8.24% FACILITY MANAGER 3,672,958 3,546,326 126,632 3.57% BUSINESS DIVISION 8,830,848 8,828,395 2,453 0.03% SUB -TOTAL 18,482,994 -0.23% 18,525,872 (42,879) PURCHASED POWER - BASE PURCHASED POWER - FUEL TOTAL 26,068,426 29,953,771 26,247,017 29,235,177 (178,591) 718,594 74,505,191 74,008,066 497,125 (15) -0.68% 2.46% 0.67% RMLD STAFFING REPORT FOR FISCAL YEAR ENDING JUNE, 2014 (16) 14 BUD JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY - TOTAL 13 13 13 13 13 13 14 14 14 14 1 GENERAL MANAGER GENERAL MANAGER 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 HUMAN RESOURCES 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 COMMUNITY RELATIONS 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 TOTAL 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 BUSINESS ACCOUNTING 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 CUSTOMER SERVICE 7.75 7.75 7.75 7.75 7.75 7.75 7.75 7.75 7.75 7.75 7.75 7.75 MGMT INFORMATION SYS 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 MISCELLANEOUS 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 TOTAL 16.75 16.75 16.75 16.75 16.75 16.75 16.75 16.75 16.75 16.75 16.75 16.75 ENGINEERING & OPERATIONS AGM E &O 2.00 2.00 2.00 2.00 2.00 2.00 2.00 1.00 2.00 2.00 2.00 1.00 ENGINEERING 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 LINE 22.00 21.00 21.00 21.00 21.00 21.00 21.00 20.00 20.00 20.00 20.00 21.00 METER 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 STATION 8.00 8.00 8.00 8.00 8.00 8.00 8.00 8.00 8.00 8.00 8.00 8.00 TOTAL 40.00 39.00 39.00 39.00 39.00 39.00 39.00 37.00 38.00 38.00 38.00 38.00 PROJECT BUILDING 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 GENERAL BENEFITS 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 TRANSPORTATION - - - - - - - - - - - _ MATERIALS MGMT 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 TOTAL 8.00 8.00 8.00 6.00 8.00 8.00 8.00 8.00 8.00 8.00 8.00 8.00 ENERGY SERVICES ENERGY SERVICES 4.50 3.50 3.50 3.50 3.50 3.50 3.50 4.50 4.50 4.50 4.50 4.50 TOTAL 4.50 3.50 3.50 3.50 3.50 3.50 3.50 4.50 4.50 4.50 4.50 4.50 RMLD TOTAL 73.25 71.25 71.25 71.25 71.25 71.25 71.25 70.25 71.25 71.25 71.25 71.25 CONTRACTORS UG LINE 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2 TOTAL 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2 00 2 GRAND TOTAL 75.25 73.25 73.25 73.25 73.25 73.25 73.25 72.25 73.25 73.25 73.25 73.25 (16) Jeanne FoU ,rom: Jeanne Foti Sent: Tuesday, July 15, 201411:08 AM To: Bob Soli; David Talbot; John Stempeck; Phil Pacino; Tom O'Rourke Subject: Account Payable Warrant and Payroll Good morning. In an effort to save paper, the following timeframes had no Account Payable and Payroll questions. Account Payable Warrant — No Questions June 6, June 13, June 20, June 27, July 4 and July 11. Payroll — No Questions June 16, June 30 and July 14. This e-mail will be printed for the Board Book for the RMLD Board meeting on July 24, 2014. Jeanne Foti Reading Municipal Light Department Executive Assistant 230 Ash Street Reading, MA 01867 781 - 942 -6434 Phone 781 - 942 -2409 Fax Please consider the environment before printing this e-mail. 1