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HomeMy WebLinkAbout2001-08-27 RMLD Board of Commissioners MinutesReading Municipal Light Board 230 Ash Street Reading, MA 01867 August 27, 2001 Start time of Regular Session: 7:35 pm. End Time of Regular Session: 9:35 p.m. Attendees: Commissioners: Messrs. Ames, Swyter, and Halloran RMLD Staff: Messrs. Rucker and Cameron Mses. Bernat and Cavagnaro CAB Member: Mr. Roger Stevenin General Counsel: Mr. Ken Barna Guests: Mr. Ron Wood Mr. Ames called the meeting to order at 7:35 p.m. Minutes of July 30, 2001 and August 13, 2001 Deferred to next meeting when Commissioners Pacino and Hughes are present. t V 4.-F K t. S 2001 OC 12 A 11: O q Presentation -Wholesale Credit Worthiness Mr. Cameron noted there have been a number of respondents to the RMLD's RFP. Concern was raised as to the five year length of the contract and how RMLD can be assured the companies will remain in business through the end of the contract. Mr. Barna presented and reviewed the pertinent Article of the Agreements; Article 12 (Events of Default), Article 17 (Representations & Warranties), Article 18 (Credit Guaranty) and Article 19 (General Provisions Further discussion ensued. Action Items RMLD Policy 19, Revision No. 5, Board of Commissioners Suggested Motion Mr. Swyter made a motion seconded by Mr. Halloran to approve the following changes to Policy 19, Revision No. 5 Board of Commissioners: meeting, > Approves, in advanee, a*endanee by Gonur4ssiaiters at any ftmetion that requires RML-D expense eompensation or use of RA4LD resourees. Also approves all relat expense eotupensation for Gonunissioners that exeeeds the provisions of Pohey #5, • Commissioners are encouraged to attend (consistent with aDDroved RMLD budaets) meetings. conferences training sessions and similar functions as appropriate for enhancing policy-making skills Attendance at APPA's summer and winter national conferences and NEPPA's annual conference and annual business meetings are presumed to be appropriate. Attendance of similar functions sponsored by the Town of Reading or the Commonwealth of Massachusetts for elected officials are also presumed to be appro rp iate Attendance for all other meetings, conferences, training sessions and similar functions shall be administered in the same manner as for RMLD management employees as outlined in Policy 5 Overnight Travel Expenses In the event a Commissioner disagrees with the resultant decision(s) he/she may request the Commission as a whole, by a majority vote, to approve attendance (subject to any conditions deemed appropriate by the appropriate for enhancing policy-making skills are required to make a full report at the next available Commissioners Meeting. It is the policy of the Commission that no Commissioner will have a personal or economic interest or benefit, directly or indirectly, from attendance in meetings conferences training sessions and similar functions. Further, it is the responsibility of each commission to make a full public disclosure of apy personal interest or benefit in advance. Motion carried 3:0:0. Department of Telecommunications and Energy - Change in Depreciation Rate Suggested Motion Mr. Swyter made a motion seconded by Mr. Halloran to approve the General Manager's authorization to apply to the Department of Telecommunications and Energy for a five percent depreciation rate as originally approved in the 2001 Operating Budget. Motion carried 3:0:0. General Manger's Report ENE - Management Report, June, 2001 Mr. Rucker reported that ENE has gone from a net worth of $295,000.00 to $1,180,000.00 during the past three years. Discussion ensued. Incident Report Mr. Rucker said he has no new information on this issue. November 13, 2001 Annual /Town Meeting - Draft of Warrant Outlined August 17, 2001 Mr. Rucker is working with the Town to close one right of away and open another in order to improve the safety of the traffic at RMLD. Report of NEPPA Conference Mr. Ames indicated that Mr. Pacino will offer a report at the next Board meeting. The Board set their next meeting for Monday, September 24th. Executive Session Mr. Swyter made a motion seconded by Mr. Halloran 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 3:0:0. Motion to Adjourn At 9:35 p.m., Mr. Swyter made a motion seconded by Mr. Halloran to adjourn the meeting. Motion carried 4:0:0 by a poll of the Commissioners: Mr. Ames - Aye; Mr. Pacino - Aye; Mr. Halloron - Aye; Mr. Swyter - Aye. A true copy of the RMLD Board of Commissioners minutes as approved by a majority of the Commission. David M. Swyter Secretary RMLD' Board of Commissioners