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HomeMy WebLinkAbout2019-05-23 RMLD Board of Commissioners Minutes (730pm) L EIvcc TOWN CLERK ;. : MA. Town of Reading ., Meeting Minutes 2221 FEB -2 PM 3: 05 Board -Committee -Commission- Council: RMLD Board of Commissioners Date: 2019-05-23 Time: 07:30 PM Building: Reading Municipal LJght Building Location: Winfred Spurr Audio Visual ROOM Address: 230 Ash Street Session: Open Session Purpose: General Business Version: Final Attendees: Members - Present: David Talbot, Chair; John Stempeck,Vice Chair; David Hennessy, Philip Commissioner; Thomas O'Rourke, Commissioner; p B Commissioner Members- Not Present: *them Present: RMLD Staff: Coleen O'Brien, General Manager, Hamid Jaffarl, Director of Engineering and Operations; Charles Underhill, Assistant Director of integrated Resources; Wendy Markiewia, Director of Business, Finance and Utility Technology; Tracy Schultz, Executive Assistant Melanson Heath &P.C.: Zackary Fentross, CPA Town of Reading: Karen Herrick, Finance Committee Minutes Respectfully Submitted By: Philip B. Pacino, Secretary Pro Tem Topics of Discussion: Call Meeting to Order Chair Talbot called the meeting to order and read RMLD's Code of Conduct. Chair Talbot announced that the meeting is being videotaped at the RMLD office at 230 Ash Street, for distribution to the community television stations in North Reading.Lynnfield, and Wilmington. Public Comment Chair Talbot asked Mr.Pacino to serve as Board Secretary.There was no Citizens' Advisory Board member in attendance and no public comment. Presentation of the 2015 Audit Mr. Fentross,from Melonson &Heath,introduced himself and explained his firm conducted a six- month audit for the period ending December 31, 2018 due to RMLD's moving from a fiscal year to a calendar year. Mr. Fentross stated that the Department has positive operating results and is in a strong financial position and has a welt-funded Other Post-Employment Benefits (OPEB) imsl fund. The audit did not result in a management letter. The Department received o clean opinion,which is the best opinion that can be received from an independent auditing firm. It's the some opinion that the Department has received in prior years. Mr. Fentross then discussed the Statement of Net Position.The asset and liability figures from December 31 to June 30 are, for the decreased$1 6 million pfrom le.June30, differencene 1 . he reason for this iisbles net s the calculation of thcetible, which Page 1 1 Explanation and discussion d PILOT payment research plan and schedule Public, Ms. O'Brien explained it will initially be a draft and once it's determined that the document fulfils its intended scope a finalised version will be made public. Uptlale on 20-Year Agreement Chair Talbot explained that the 20-Year Agreement is up for renewal next year. Ms. O'Brien explained that the agreement is renewed every ten years and that she doesn't anticipate any changes.Chair Pacino described the last renewal.The timetable was discussed. Explanallan and clarification on RMLD electric vehicle charging Incentivas and policy Chair Talbot thanked Ms. O'Brien and Mr. Underhill far working on a comprehensive electric vehicle program, including rebate and incentive policies. Chair Talbot explained that there are simple chargers available for homeowners.Mr. Underhill explained his department is developing a program to work with customers. Integrated Resources is looking at charger locations and dynamically pursuing other opportunities. A scope of work to look at electric vehicles has been developed. Fleet electric vehicles, public access charges, and a collaboration with Volta, and the different levels of chargers were discussed. Ms. O'Brien summarized the program components. General Discusalon Ms. Herrick stated she has been doing research on Green Communities and she spoke to the Municipal Area Planning representative,who stated the legislature discussing making It easier for municipals to get involved, Mr. Underhill explained that the executive director of Green Communities lives in Lynnfield: RMLD is having discussions about possible opportunities. Ms. O'Brien reiterated that RMLD does not pay into Green Communities and needs to evaluate potential partnerships. Future meeting dates were discussed. AdjOumment At 8:32 p.m., Mr. Pacino made a motion, seconded by Mr. Hennessy, that the Board go into Executive Session to consider the purchase of real estate and return to Regular Session for the sole purpose of adjournment. A true copy of the RMLD Board of Commissioners minutes as approved by a majority of the Commission. David Hennessy,Secretary Pro Tem RMLD Board of Commissioners vane 12