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Public Utilities 2011/03/23CITY OF ANAHEIM 117A 1 1z March 23, 2011 The agenda having been posted on Thursday, March 17, 2011, the Regular Meeting of the Public Utilities Board (Board) was called to order by Chairperson Lon Cahill at 5:05 p.m. on Wednesday, March 23, 2011, in the I V Floor Large Conference Room, Anaheim West Tower, 201 S. Anaheim Blvd., Anaheim, California. Board Members Present: L. Cahill, D. Morgan, J. Machiaverna, P. Carroll, C. Peltzer, J. Brandman, B. Hernandez Board Members Absent: None None. L. Cahill closed the general public comments portion of the meeting. 2. APPROVAL OF THE MINUTES OF THE REGULAR PUBLIC UTILITIES BOARD MEETING HELD ON FEBRUARY 23,2011.* 3. APPROVAL OF THE ELECTRIC CAPITAL PROJECT LIST.* Prior to reviewing the Capital Projects List provided to the Board, M. Edwards shared that Public Utilities Department (Department) has projected approximately twenty years of proposed projects. She explained that it is not unusual to borrow funds on the basis of planned capital projects only to have another project surface or become a greater priority than originally planned. While the basis for the projects is identified on the Capital Projects List, it is not unusual for business needs or opportunities to occur that require J. Brandman moved approval of the Electric Capital Project List. D. Morgan seconded the motion. MOTION CARRIED: 7-0. ABSTAINED: 0. ABSENT: 0. r1 1 AGENDA ITEM IIRI III III IIIIIqI 1111� I 111�11 Urrel prlljlt�c L 1 - _: S—UIS M - L f list. Board for their review and consideration to provide context to the Capital Program and the types of projects anticipated to be undertaken in the future. ['�$) W )XV 0 DO) CIL I WINUMIMMM looking at an increase of about lolls MW ACTION TAKEN wel I. He mentioned that there had been some outages due to weather that included significant wind and rain, but even through that, there were only two notable outages which were repaired quickly. event in Japan. AGENDA ITEM lt*'wrats Im raoxy'm (41 U! H11111 NO loll ';TnW1eS-At P-1 1 7;'tr L:10 FtPIUCC LHO pli-IT YnTrulanyL ner ► the plant, Intermountain Power Project (I►P) was given as an example. Much discussion and debate is taking place regarding continuing investments in the asset as well as its long term future. This is also true of other assets in the portfolio. M. Edwards responded to questions by the Board regarding additional sources of coal and the California Air Resources Board acting through the Environmental Protection Agency (EPA) for coal and emissions requirements. ACTION TAKEN 441FEW AGENDA ITEM Monthly Resource Adeguacy Plan M. Lopez invited the Board's attention to the Resource Adequacy Vej a4o ,i, of A:,,I and indicated that staff was available to answer any questions. 0 Presentation on Linda Vista Tank 0 2011-2012 Budget Presentation 0 Anaheim Transmission Revenue requirement filing at Federal Energy Regulatory Commission (FERC) 0 CIS Replacement Presentation 9. ITEM(S) BY SECRETARY. M. Edwards made the observation that generally after the Joint SAQ69P�� d 1. 111 "161 IMMM I I ,.- If * I I A * , I , * I . City Council regarding the cost of legislation and mentioned this information is also available on the Public Utilities Department's web page. I J. Machiaver mentioned that it is a good time to borrow money. He also shared that as tough as things have been the last couple of vears. it is remarkable that revenues are on1v down as much as thevi — iii�illillillillillillillil III f 1.1 if 4 fureTrtylrc -net, dealt with, and the solutions that are reached. He was impressed with the solutions having such a good effect in such trying times. W. 1, tor V F upcoming retirement. ACTION TAKEN AGENDA ITEM 11. ADJOURNMENT: (TO THE REGULAR MEETING ON APRIL 27, 2011, AT 5.00 P.M., IN THE 11TH FLOOR LARGE CONFERENCE ROOM, ANAHEIM WEST TOWER, 201 S. ANAHEIM BOULEVARD, ANAHEIM, CALIFORNIA). Respectfully su )tted, ��w . . . . ............ . .... . .. ............. OJ ACTION TAKEN C. Peltzer moved to adjourn the Regular Meeting at 6:54 p.m. to the Board's next Regular Meeting date of April 27, 2011 at 5:00 p.m. P. Carroll seconded the motion. MOTION CARRIED: 7-0. ABSTAINED: 0. ABSENT: 0.