HomeMy WebLinkAbout2018-11-14 RMLD Citizens Advisory Board Minutes • rN
E Town of Reading
Meeting Minutes RECEIVED
°-,,,:,�o•pa TOWN CLERK
READING, MA.
Board - Committee - Commission - Council: ZP
RMLD Citizens Advisory Board 2919 APR 22 AM 10; 08
Date: 2018-11-14 Time: 6:30 PM
Building: Reading Municipal Light Building Location: Winfred Spurr Audio Visual Room
Address: 230 Ash Street Session: Open Session
Purpose: General Business Version: Final
Attendees: Members - Present:
Mr. Dennis Kelley, Chair (Wilmington); Mr. Jason Small, Vice Chair (North
Reading) Mr. Neil Cohen (Reading)
Members - Not Present:
Mr. Vivek Soni, Secretary (Lynnfield); Mr. George Hooper (Wilmington)
Others Present:
Mr. Phil Pacino, Board of Commissioners, and Ms. Vanessa Alvarado,
Reading Select Board
Ms. Caleen O'Brien, Mr. Hamid Jaffari, Ms. Kathleen Rybak, Mr. 1
Underhill
Minutes Respectfully Submitted By: Mr. Dennis Kelley, Chair
Topics of Discussion:
1. Call Meeting to Order - D. Kelley, Chair
Chair Kelley called the meeting of the Citizens'Advisory Board to order at 6:30 PM and
noted that the meeting was being audio recorded.
2. Approval of Minutes - D. Kelley, Chair
Materials: Draft Minutes from September 19,2018,meetings.
Mr. Cohen made a motion that the Citizens' Advisory Board approve the Minutes of the
September 19, 2018, meetings as written, seconded by Mr. Small. Hearing no further
discussion, motion carried 3:0:2 (3 in favor, 0 opposed, 2 absent).
3. General Manager's Update - C. O'Brien, General Manager
• Director of Integrated Resources
Ms. O'Brien introduced Mr. Charles (Chuck) Underhill, the new Director of Integrated
Resources. Mr. Underhill gave a brief overview of his experience and initial assessment
in IRD. Ms. O'Brien noted that IRD will focus on strategic planning, key accounts, and
areas for economic development. Ms. O'Brien and Mr. Underhill asked if there were
any specific request that the CAB had for IRD. Chair Kelley asked that town-specific
data be included when any cumulative data is being presented.
Pape I 1
• Town Meetings - Board of Selectmen Meeting Dates and Agendas
Ms. O'Brien reported that she is presenting at Reading Town Meeting on November 15.
The presentation slides (which include information that will be Included in the RMLD
Annual Report) were forwarded to the CAB along with the GM's letter, which is typically
the first page in the RMLD Annual Report. The theme for this year's annual report is
"electrification." The Town actuarial report, which confirms the OPEB and pension
numbers for RMLD has not yet been completed, which is delaying the RMLD audit report
and annual report. Ms. O'Brien reported that she does not anticipate any issues with
the audit. However, loss of kilowatt hour sales will come in at about 1.5%. Once the
audit report is completed the annual report will be finalized.
Select Board presentations are as follows: Wilmington on Monday, January 14; North
Reading on Monday, January 28; Lynnfield on Monday, January 7. A Reading Select
Board presentation will be scheduled after January. Ms. O'Brien noted that she meets
with the individual Town Administrator/Manager prior to the Select Board meeting to
review her presentation. If CAB members have specific items they would like her to
discuss with the Town Administrator/Manager or Select Board they should let her know.
4. Review of Recent Weather/Outage Issues - H. Jaffari, Director of E & 0
Materials: Recent Major Outage Events Due to Weather/Trees (handout)
Mr. Jaffari provided a review of recent outages occurring October through November 3.
Mr. Jaffari noted that the recent above-average rainfall has had an impact on tree roots
making them unstable. Ms. O'Brien noted that an increase in "strangle weeds" on trees is
impacting the trees as well, which is a concern for the winter months. Mr. Jaffari reviewed
the RMLD Reliability Indices (through September), which remain below national and
regional averages. However, it is anticipated SAIFI will go above the regional average
because of storms in this area.
5. Payment to the Town of Reading - C. O'Brien, General Manager
Materials: Historical documentation regarding the history of the Town Payment (handout)
Commissioner Pacino was present to give an update on the work of the Sub-Committee for
the Payment to the Town of Reading. Mr. Pacino distributed and reviewed historical
documentation regarding the Town payments dating back to 1949. In 1998 the present
formula was set. At the last Sub-Committee meeting, the General Manager's study was
presented. The bottom line of the study is that at some point decreased kilowatt sales are
going to converge with what RMLD can afford in order to maintain the system and it will be
a problem at that point. Mr. Pacino stated that he had proposed to the Sub-Committee
that the payment be potentially frozen for the next two years, and then the annual
payment would be determined by some sort of formula. Mr. Pacino noted that this was his
opinion and not the opinion of the Commission. Mr. Pacino noted that there was not much
discussion of that proposal by the Sub-Committee, and that there were no counter-
proposals. Mr. Pacino reported that the Sub-Committee would like to determine whether a
facilitator is necessary, and he was asked to discuss with the CAB the use of a facilitator.
Mr. Pacino noted that should the CAB want to put a facilitator in place, the cost would be
split equally between the Commission and the CAB budgets.
The group discussed the role a facilitator would play. Mr. Kelley noted that this issue is
really about the Town of Reading's budget, not RMLD's, and did not see why the CAB would
pay for a facilitator. Mr. Small noted that a facilitator will usually facilitate between two
varying and conflicting viewpoints and maybe two conflicting proposals and bridge the gap
to get to some sort of middle ground. There has been only one proposal and there's been
no counter proposal from the Town. Chair Kelley thanked Mr. Pacino for the update noting
that it sounds like we are in a holding pattern with not a lot of detail or movement.
Page 1 2
y I
y
6. Upcoming Meetings - D. Kelley, Chair
The group agreed to tentatively schedule a Board meeting for December 19th depending
on the need to meet.
7. Adjournment - D. Kelley, Chair
Mr. Cohen made a motion to adjourn the Citizens' Advisory Board meeting, seconded by
Mr. Small. Motion carried 3:0:2 (3 in favor, 0 opposed, 2 absent).
The CAB meeting adjourned at 7:09 PM.
As approved December 19, 2018.
Page 1 3
a;
0
a
v
_E
0
v a
- o
L N L
O O C
J W _0) Y
O
L Lo
3 C
v Ci ° o
y _0 3 m rn
� c
W a 0 0 v° 0 3 3
^, L O o m o
V/ C W
c
s a o = 3 0 �
O } � o 0 LO
� o $ ar
a E `wc a ° x
O a) o E O) - b c -o
U m O , UO a) 0)
C U "0 mw c o c
O c � a 0 c 6 N � ° O
C ° o
G •+- ova) 'c 0a`) 0 t
.� ADO .0 � ov Boz g E0
V/ Q C a) t a) O) U a) Lo '0 U M
U O a — , ' C10
p t cV
_ p N
Ncti U ` 04 `t L W
a1 0 E o a) p c o ,0 w O
�/ aln _ e 0 0 — N C
o a 0 - C a - 0
i � cO .. o � o aoc
^ � Q w Q wd QQ � Q �
R o E
y v >
E 0 0 0 E 2
a°
`o
. . �..
\ \ § �
) §
ci
cn : \
! ) ! ) ! ! ! ! ! \
�
. . . --
m � ,
\( f | )
\\ \ 2 )
—
;
\/
! *
|\ R / S ! !
a,r_
R
00 c' �' T �
N
N a' 2 ' � _
L j }
� s
� � `e
Y �
� ^� Z
� 55
N
� qN
m 3
10
o �i
w
o _ � �..� :
N
d ;
N
v � yE
Handout x2: November 14,2018,CAB Meeting
Article 15. on the motion of James Calvin, it was voted that
the sum of Two Tnousand (2000) Dollars be appropriated as follows:
Twelve Hundred (1200) Dollars from the unexpended balance in the
Barrows Ito ad Construction Accownt and Eight Hundred (000) Dollars
from the unexpended balance in the Dustin Road Construction Account
and to transfer said sums to the Show and Ice Account, 'Twelve Hundred
(1200) Dollars being allotted for Salaries and Eight Hundred (600)
Dollars for expenses slid the Town Accountant be and lie hereby is
authorized and instructed to transfer said sums to said account.
Article 1.from
motion mode by Kenneth was
it was voted to
take Article 1 Prom table. The following was rend by Y/i 1.1 lam McKinnon:
December 5, 1949
Town Meeting Members
Town of Reading
Reading, Massachusetts
Gentlemen:
The committee appointed in accordance with your
vete of March 29, 1949, to recommend a formula for deter-
mining the amount to be contributed by the Municipal Light
Department each yesr to the Town of heading in lieu of taxes
is pleased to submit a report.
A number of meetings have been held, at which nil
members of the committee were present. The problem was dis-
cussed at considerable length in order that each member might
become familiar with all the points brought out by the Munloi-
pal Light Board and the Finance Committee in their previous
idiscussions of this problem. Facts and figures were requested
--. of the Light Department and were nrovlded.
In attempting to arrive at an equitable solution,
the coahiU.. hes been acutely aware of the following vital
points:
1. The municipal Light Department should con-
tribute some amount to the Town each year in
lieu of taxes.
2. The Town should be able to know with some
dogree of certainty t¢a amount which will
be contributed from year to year.
S. Provision should be made for a reasonable
amount of necessary expansion and reelece-
ment of aiuipment.
The nmonnt of contribution should not be
beyond tie ability of the Light Department
to pay out of profits.
The committee lulz carefully considered these and a
number of other factors In arriving; at what is believed to be
a reasonable and workable formula.
It is the r oc.,lu.ndati.n of this committee that:
"The amount to be contributed in oach year by the
Municipal Light Department to the Towp of Beading
In lieu of kaxea shall be 2;y$ of the 'Cost of
the Plant and General Equi?meat' as of Oeaoriber
t'uirty-first of the preceding year plus 10'% of
the Net Income as shown by the 'Summery of Iw wrca
and Expenses' of the Municipal Light Department
1'ar the said preceding year."
Had this formula been used in determining the can-
tribution far 1949, the amount would have been
i
23:= of Cost of Plant & Ganernl Ecui, mant
as of Dec. 31, 194A ,y'37,041.80
10.' of Net Income for 1948 ($70,030.24) 7,003,82
Total Contribution $44,845.02
Increased rates in effect for the last half of 1949
should make the amount contributed for 1950 somewhat higher,
since part of the contribution is based on net income. The
full effect of the recently increased rates will not be realized
until the following year when the Light Department will benefit
from a full year of higher rates. Based on an estimate made
as of the end of October this year, the 1950 contribution would
be approximately:
2.W of Cost of Plant & General Equipment
as of Dec. 31, 1949 ($1,525,000) $38,125.00
10% of Net Income for 1949 ($100,000) 10,000.00
Eatima ted Total Contribution for 1950 $48,125.00
It is the unanimous opinion of the members of your
committee that the use of this recommended formula will aovom-
pllah the desired result, namely, to turn over to the Town
Treasury a reasonable awn each year which the Light Department
can meet out of current profits and at the some time provide
funds for necessary and desirable expansion and replacement
of equipment.
Respectfully submitted,
OIiARLcS P. A14D::RSON
WALTER F . N'OSiLIGH
JOSEPH N. Nazi)
HOWARD L. ROGiRS
YIILLIAM D. VAGKi NN01 OjiAIR%dAN
On motion made by Kenneth Latham, it was voted to accent the
shave report.
Un motion of Kenneth Latham, it was voted that Article 1 be laid I
er. Y.::e table. l
r ti cls 0i
m, r, of Ke ins t2 w
Lath;va, it as vo L ed to Lo ba
^ 3.
Article 3 1,1,, c:,e ta�1B.
Artiels 3. On motion of Kenneth Latham, it was voted that there
be and hereby is established the following standard method to be
followed each year for dotermininr thn amount the Electric L1nht Do-
partment shell turn over to the 'Town in lieu of Lazes:
An amount equal to 2e% of Cha cost of t'ne Plant
and Oenerol Ecuipment as of December 31st of the pre-
ceding year plus 10" of two net Income as storm by
the Summary of Income and Expenses of the Municipal
Light Department for the said nrocedinv year.
On motion of Kenneth Latham, it was voted that Article 1 be taken
from the table.
On motion of Kenneth Latham, it was voted to indefinitely post-
pone Article 1.
On motion of Kenneth Latham, it was voted to adjourn, Sine Die.
Adjourned 10:50 P. M.
Attest:
fiL���9� '1'O�U1.17 K
J
Mr Lessard s-ated ne and Mr Mastrullo had a tot of discussion over the questions and
after they received the answers to Ine first questions, more questions were raised. What
ne read regarding this issue)ad nim to believe there might be a problem.
Mr Lessard called for more questions regarding this issue.
Mr. Garret wondered if there were some way the CAB could oe advised in the future of
an unexpected expenditure such as This 'itiga(ion in order to alleviate this problem.
I
Mr. Cornell stated after reading the material, he felt RMLD was completely in the right
from his perspective regarding the CRAB and if the Retirement Board were able to pick
and choose groups for employees,there would be mayhem.
Mr Lessard disagreed witn using the ratepayers money for this litigation.
i
Mr Rucker stated on the RMLD Board Agenda, under the GM Report,port,he alerts me Board
to something which may become an issue, and fell a similar report could be included with
the CAB agenda. He stated RMLD could produce a separate litigation report relative to
upcoming or possible litigations.
Mr. Gehret staled he thought the suggestion was a good one and did not want a detailed
report but more of an informative report
Mr. Rucker suggested he try the GM Report first to see if it works.
Mr.Corbett fell that way,there would be no surprises.
Mr. Fournier noted Pg. 13 of the monthly financial report lists the big items
B. Concept of a Sub-Committee on the issue of'in lieu of taxes'. `
t
Mr. Lessard noted the CAB had not taken a vote to form this sub-committee.
Mr. Rucker stated he had spoken to the Commissioners and wanted to make a strong
recommendation to pursue (his concept because this issue has always been
controversial. He also recommended the Boards retain the services of a professional
facilitator since it is a difficult issue.
Mr. Lessard suggested the item be tabled to the next meeting in hopes Mr. Bartlett would
be back. Note: When Mr. Lessard learned Mr. Bartlett would not be returning until Ina
first week of April he withdrew his suggestion.
Mr. Comes wanted to go forward to have a subcommittee.
Mr. Gehret agreed but ne did not wish to onng in a faciliator immediately. 'He wanted to
set a date such as after four meetings if there is no recommended formula to then oring in
a facilitator.
Discussion ensued relative to lire cost of a facilitator. Ms Bernal fhougnt a facilitator may
cost oetween$8000 to$100.00 per hour
Mr Conceit mace Ina foilovring motion:
MO PION to go furwe.rd m create a s,.be:oinmiuee of hvb menoers frcrn on Board of
Commsstone•s, Pnc members from the CAB a,d one member from he Town of Rearing
to mutually recommend a formula for the paymen'.to tine Town of Reading, and line sun
rnmmiltee has the power to engage a facilitator if they so need to use the services. v
Secondeo by Mr.Maserullo. No discussion. All in favor. Voted unanimously.
Mr Rucker thanked the CAB members.
Mr. Boissonneau questioned where the money would care from to pay for the facilitator.
Mr. Corbell and Idr. Gehret stated it would be Split between the CAB Budget and the
RMLD Board Budget:
Mr. Boissonneau stated the ratepayers money.
C. Tuition Reimbursement.
Mr. Lessard stated his concern an employee can leave and get 90% tuition
reimbursement and if you stay an employee gels the other 10%. There are no
guarantees,no way for payback.
Mr. Rucker slated it was a valid point, one that has been struggled with in writing the
current policy. Policies do get revised. He noted there are presently three people who
nave gotten cr are gelling their MBA's. One quit,the others did not.
Questions arose relative to Mr.Grasso's reimbursement.
Ms. Bernal explained Mr. Grasso has received a total of $20,004, and t he stayed he
would be eligible for another $16,843. She also noted his military grants are deducted
from his payment.
Mr. Comet asked if Mr.Grasso s courses fa the spring were pre-approved.
Mr. Rucker answered yes out he will not de reimbursed for too final third.
Mr. Corbell questioned if Mr.Grasso's leaving would jeopardize Ine conversion.
Mr. Rucker stated no.
Mr. Ed Foley noted ne had received a letter on January 7, 1998 relative to Mr Grasso's
tuition and the figures were different from those just given,
Mr. Rucker explained, the figures in the January 7" letter were a projection which took
rite consideration the whole program.
Mr Rucker explained Peal. Marwick had completed a favorable report relative to MIS
The report shows that MIS has cured all the issues and accomplished a great deal in a
short span of time. As a result RMLD is neared in right direction for the year 2000
D Traning and Tut1on AnU5jJ
Mr Rucker stated he pushy tuition for existing management because of moving from a
monopoly to a competitive environment, management will be the group to get RMLD
through the t-ansdron
There were no additional questions.
6
February?], 1998 Regular Minutes
4. Action Items
a. Approval of 1998 Operation Budgel
Motion by Mr. Burditt to take Item 5B, Approval of the 1998 RhfLD Operation 1
Budget,off the table. Mr. Stvyter seconded. The motion passed unanimously.
i
Mr. Burditt moved that the Board vote to approve the 1998 RMLD Operation Budget, !
expenses not to exceed$57,170,486.00 as presented on the recommendation of the
General Manager, Assistant General Manager,R&C, and the Board Operating Budget
Subcommittee, Mr. Sw)aer seconded.The motion passed unanimously.
b. Joint RMLB/CAB/Town Subcommittee
Discussion ensued among the Commissioners and the Selectmen guests about the
feasibility of forming a subcommittee and the amount to be transferred from
unappropriated earned surplus to the town of Reading.
Mr. Pacino moved that Commissioners Ames and Burdin be appointed to ajoint
subcomrruttec of the RMLB and CAB. This subcommittee is to be charged with
developing a recommendation by May 1, 1998, preferably in the form of a formula,
that each body will use to determine 1998 and future transfers from unappropriated
earned surplus to the Town ofReadmit. The subcommittee is further authorized to
expend up to$5,000 for a professional facilitator should a majority of the
subcommittee su vote.Mr.Swyter seconded.The motion passed unanimously. /
c. Appointment of One Representative from the Board of Selectmen to the Joint ✓
RhfLD/C.AB Subcommittee.
b6 Burditt moved that the Board of Selectmen of Reading he requested to appoint
one representative to the joint RMLD/CAD subcommittee on future transfers from
unappropriated earned surplus to the Town of Reading. The Seleciperson shall call the
meeting to order, and that representative, so appoimcd,will call The first meeting of this
joint board, and that such a person be desigmated as Chairman Pro Tem for the sole
purpose of calling the first meetin.- to order. Mr. S",Acr seconded. Motion passed
unanimously,
At this point the Chair teas passed Gom Mr Hughes to Mr. Pacino. Mr. Burditt
nenrained as Secretary.
5. Second Presentation on the 1998 Cost of Sen'ice Srudv (C.O.S.S.)
The C0 S . 'k 1111% Cued to unbundle the scasona rat. sinemra A•.r C':nneron answcred
.)'esuons prescntcd by Mr Sr+'wer.
Board of Selectmen Meering - March 3 1995 -nage 4
RMLD/CAB Subcommi tee re_ Earnings Distribution - Camille Art'hony filled the Board in on
the RMLD/CAB Subcommittee, Dan Ensminger asked why the Citizens Advisory Board cares
about the earnings distribution to the Town of Reading George Hines noted that unless we
participate in this kind of process, the issue will die. He recommends that we proceed with a
process involving the CAB, the RMLD and the Board or selectmen to establish an earnings
distribution formula lie recommended that Camille Anthony be the representative on this
committee.
On motion by MacDonald seconded by Ensminger, the Board of Selectmen agreed to participate
in the Subcommittee made up of two members of the Reading Municipal Light Board and two
members of the RMLD Citizens Advisory Board, along with a single member of the Board of
Selectmen of the Town of Reading. The purpose of the Subcommittee will be to develop a
formula for the annual increase in the earnings distribution by the RMLD to the Town of
Reading as owner of the Light Depanment. Camille Anthony as Chairman and liaison will serve
as the Board of Selectmen member to this committee with the Vice Chairman of the Board of
Selectmen as an alternate The motion was approved by a vote of 5-0-0.
The Board made recommendations on some of the Warrant Articles for the Special Town
Meeting as follows:
On motion by Ensminger seconded by Hoyt, the Board voted to recommend the subject matrer of
Article 3 by a vote of 5-0-0.
On motion by Ensminger seconded by Hoyt, the Board voted to recommend the subject matter of
Article 4 by a vote of 5-0-0
On motion by MacDonald seconded by Ensminger, the Board voted to recommend the subject 1
matter of Article 5 by a vote of 5-0-0.
On motion by MacDonald seconded by Hoyt, the Board voted to recommend the subject manes
of Article 6 by a vote of 5-0-0 -
On motion by MacDonald seconded by Hines, the Board voted to recommend fire subject matter
of Articles 9 and 10 by a vole of 5-0-0
On motion by flings seconded by Ensminger, the Board voted 10 not recommend the subject i
matter of Anicles 1 1 and 13 by a vote of 4-1-0, with Hoyt opposed
i
On motion by [lines s:conded by Ensminger, Ibc Board voted :o recommend the tabling of
Ariclec I; and 17 by a vote of A 1-0, Wbb Hoer opnoyed t
i
A npro,ni of Minu r es
On m000r by Epsnoneer s['saaded b, Mx:Docald, the Board otecl to approve the minutes of
thty mcct:n_4S a` Nos^efber 5. lou' Cn•.^_inh_: 14, 1597, lanuary b, 1995, Ja•nmo, 20. 1995,
F'hmat' i. 19'!5, rebmz-y 10. 1995. l00o.an. 11-. Ic . F,Sm:arp 17, 1995, is an-en&d, by a
CITIZEN'S ADVISORY BOARD
MEETING MINUTES
Time 7:00 P M. -
Date: 12 March 1998 t
Place: Reading Municipal Light Department
Present: Messrs. Lessard, Mastrullo,Corbett and Gehrel jCAB)
1
1. The Secretary called the Meeting to order at 7:05 P.M.
i
2. Appointment of two CAB Members to a joint subcommittee.
Motion:
Move that Kenneth Mas[rullo and Joe Gehret be appointed to a joint subcommittee of the
RMLD and CAB. This subcommittee is charged with developing a recommendation by
May 1, 1998, preferably in the form of a formula, that each body will use to determine
1998 and future transfers from unappropriated earned surplus to the Town of Reading. j
The subcommittee Is authorized to expend funds for a professional facilitator should a
majority of the subcommittee so vote. The subcommittee is authorized to spend funds
not to exceed $5000.
Seconded Mr.Corbed.
D60LSsion-None.
Motion approved unanimously.
Note: Mr. Rucker entered the meeting at 7:18 asking if the CAB had any questions. Discussion
ensued relative to rate stabilization and capital projects.
0, Other Items for Dfscusslon.
Nonc.
d. Schedule Next Meeting.
Tne CAB would schedule a meeting after a report back from the subcommittee.
5. Adjournment
There being no further business on a motion made by Mr. Mastrulto and seconded by Mr.
Corbell, the Board adjourned at 8:30 P.M. All in favor. Unanimous.
Respectfully submitted,
Rage, Lessard
Secretary
qr-,o
CITIZEN'S ADVISORY BOARD
MEETING MINUTES
Time: 7:00 P.M.
Date: 20 May 1998
Place: Reading Municipal Light Department
Present: Messrs. Bartlett,Corbett,Gehrel, Lessard,Mastrullo(CAB)
Maser.Richard Murch, Ms.O'Leary(RMLD)
1. Call Meeting to Order.
Chairman Bartlett called meeting to order at 7:08 P M.
2. Minutes of 28 January 1998 Meeting.
Motion was made by Mr.Mastrullo to approve the minutes.
Seconoed by Mr. Gehret.
Mr.Lessard noted on pages 7 and 8 Mr,Wendell's name was spelled incorrectly as Randall.
The minutes were approved as amended with 4 in savor and 1 abstaining. Mr. Bartlett abstained
because he did not attend the meeting.
3. Subcommittee recommendation for calculating the 1998 and future transfers from un-
appropriated earned surplus to the Town of Reading.
Mr. Mastrullo and Mr. Gehret reported on the subcommittee's meetings. Mr. Gehret discussed
the suggested motion (see attached). Mr. Lessard had some concerns with the wording of the
motion Mr. Mastrullo felt rhe subcommittee had made goad progress. There was much
discussion back and forth between the boards. Although the meeting began somewhat tense,lne
more discussion which took place, the more comfortable the meeting became. Mr. Gehrel fell
similarly and related how the members looked at various formulas and decided the CPI, the
present method was the best formula. The members also fell it was important that the payment
could be revisited at any time by reconvening the committee. Discussion continued on the
formula, the CPI, and the committee meeting annually no that the various Boards could discuss
any issues or concerns. Mr. Garret made some changes in the wording and made the following
motion'.
Witn regard to transfers from un-appropriated earned surplus to the Town of Reading by
the Board, MOVE that the Citizens'Advisory Board requests the Reading Municipal Light
Board 10 establish a benchmark payment of $1,560,414 for calendar 1998: and that in
subsequent years the payment will be changed by the consumer'; pr index for the
previous year, and that either the Light Board o71 a gzens'Advisory Board lMotigh fhg_._
Ligh--1 Uoaim ary ask that a committee be convene3to review This payment at anytime
Mr Corbett seconded motion
Discussion ensued relative to the proposed annual meeting, which all members believed was a
good idea.
Motion was approved unanimously, 5-0.
Mr Gel staled he would pass on the changes and requested a copy of the approved motion
be sent to me Lign1 Board and a copy t0 the Selectmen.
Fcsdiag D•lumapi �:pb:3oa-c
730 ssn Saes.nec'_ cg. ill--. C'ni-
L!ne S. 199E
CP.^^]!a' Sessio" !C '-:m.
:caea:
Canr_ssio n<r:- b!e::r °a i= '.c:ee.,noann: wui,ud 5�; M7
R x1P.Safi. �olcsrc R:cic:.CeM:roc Bioaq'.Easaa l.!s R72=1:
G Hers: M:..ioae Gorier inn Ca-9
1999
Moved ba[he fU P n ac:ep!m:Regular 5,iot vuum3 3 May IS, 199E on tu:r_.nrnn:asuio]of
Nmx'aq¢me iollouws amendment:
InrM,';=R NImn sumw±no¢the rocs m Rmd r Sessioe'ovior: Aciau=:n_
Eben,c.:a]'J
Kapor.o:be Cbai-mu o'Rae Baard
_ M-- parse spored ox m:C?.P.O?hU.S:ira:mo:a�¢w m:s .
.. Bose Sub-Commivc:T.-an;rer Payments t.7., m Re drog
Wire_znd m wears:eom w,aooeoor'..d enroee smpi>L to rb:Toaw of Rndmg ov it: /
E oue mov:c,h_:ur.,b:s_bLuh=d a b:a:nx,d'px)m ca:of S:.5u0,'l- ra: -'Eads
1998:enc!ha:i=suhs:au_n:vm3 tie pey, n;n,l b:chaag:d br the =latm sr. prig i.a!,
for the prim=y-r,med ma::itbc the Uvas Boar_o:m:Ci__sdvjscr:501rd ssuogu ".
m:_:ah:9oi u m r z eUC 2::hr eo^_aemet b r n'cuffs pa;r=•m.a. t) e=e
G[ rn:5ngon -JOG 0i G_t.1`,,u agrpd[c mk—"0v_SY'•x:cl••_F_`nv:A"
'. ^^awnJrpr=d o u L YnS..n,, ]:3
SD•••. •^• J '. n•.v"3e: h[:LL_JI:_::[a 62a.L_B ..C•J. ]
:'d:CSt :i29: :::C_T.:'J'..C:e.)u[_], a ..__v.�. _=a]]:^•:!1 a:`[