MINUTES OF THE BOUNTIFUL CITY POWER COMMISSION February 18, 2020. - 8:00 a.m. Those in Attendance  5 6  7 Power Commission 8 John Cushing 9 Susan Becker 10 Dan Bell 11 Richard Higginson, City Council Rep. 12 David Irvine 13 Jed Pitcher, Chairman 14 Paul Summers 16 City Administration 17 Clinton Drake, City Attorney  Power Department Allen. Johnson, Director Jay Christensen Alan Farnes Dave Farnes Jess Pearce Shaun Stahle Luke Veigel Recording Secretary Nancy Lawrence  15 18 19 Visitor 20 Gary Davis 21 22 WELCOME  Chairman Pitcher called the meeting to order at 8:00 a.m. and welcomed those in attendance.  Jay Christensen offered the invocation.  26 MINUTES - November 26, 2019 and January 28, 2020  27  Minutes of the regular meeting oft the Bountiful City Power Commission held November 26,  28 2019 were presented and approved subject to clarification of the transmission exchange mentioned ini the 29 Resource Update (page 5 of6). With reference to the Public Service of New Mexico joining the 30 NuScale project, there is a possibility that this could be facilitated by a transmission "swap". The power 31 BCL&P currently gets from CRSP could be used by New Mexico, and BCL&P would use an equal 32 amount oft the nuclear resource allocated to New Mexico. Commissioner Summers motioned to approve 33 the November 26, 2019 minutes, adding the clarification regarding the transmission "swap". 34 Commissioner Cushing seconded the motion and voting was unanimous. Commissioners Cushing, 35 Becker, Bell, Irvine, Pitcher and Summers and Councilman Higginson voted "aye".  36 37  Minutes oft the meeting ofthe Bountiful City Power Commission held January 28, 2020 were  38 presented and approved as written. Commissioner Cushing motioned for the approval and 39 Commissioner Bell seconded the motion. Voting was unanimous with Commissioners Cushing, Becker, 40 Bell, Irvine, Pitcher and Summers and Councilman Higginson voting "aye". 42 BUDGET REFORT-YEARTO-DATE 7-MONTH PERIOD EADEDAL.ANUARYZDD Mr. Christensen presented the Budget Report for the Year-do-Date 7-Month Period Ended 31 41 January 2020. He noted that fiscal year-to-date (YTD) 2020, July through December 2019 are final, and January 2020 is preliminary, though most line item YTD amounts will not change from this report when they are final. Total revenues YTD were $17,166,519, below its HAB b7 $(731,069). Major items  41 43  Page 1 of4    (PCminutes February 28, 2020)  1 (below) their HABs included Electric Metered Sales $(575,035), below its HAB 3.7 percent; Air 2 Products $(70,958), belowi its HAB with an average load factor of6 64.8 percent; and Contribution in Aid  3 to Construction $(142,813).  4 5  Total Operating Expenses YTD were $16,038.140, below its HAB by $1,451,014. Major items  6 (above) budget were Street Light Expense $(184,619), primarily due to boring by third-party 7 contractors. Items below budget included: Power costs of $1,271,550, below its HAB with lower 8 Electric Metered Sales as well as careful purchasing and scheduling of power resources; Distribution 9 Expense at $87,999; and computer expense of $82,307 due to some items not yet having been done. 12 $161,692 for the feeder #673 -# #271 inter-tie, and $43,041 for the cab and chassis ofa a new substation  10 11 13 service truck. 14 15 17 18 21 22  Total Capital Expenditures YTD were $627,404 and included $316,258 for the Downtown Plaza,  The Net Margin YTD was $500,975, above its HAB by $424,412, with lower than budgeted The total Cash and Cash Equivalents were a net $26,872,684 at month end, up $825,481 from 30  16 power and other costs that more than offset lower than budgeted revenues.  19 June 2019, due primarily to higher net margins than anticipated. Itis expected that net margins in the 20 future will go down due to $3.2 million in budgeted expenses which will be starting in March.  Ini response to questions from the Commission, Allen Johnson stated that street light expense is  23 over budget by $300,000. He also noted that expenses related to the Echo hydro and the turbines at the 24 plant will be incurred between now and June. A briefdiscussion followed regarding Air Products and 25 their impact on our operation. Commissioner Irvine made a motion to accept the Budget Report, as 26 presented. Councilman Higginson seconded the motion and voting was unanimous, with 27 Commissioners Cushing, Becker, Bell, Irvine, Pitcher, and Summers, and Councilman Higginson voting  28 "aye". 29 31 33 35 38  30 JOHN CUSHING RECOGNITION 32 this item will be delayed. 34 ECHOTURBINE REPAIR  Chairman Pitcher reported that the gift which was ordered for. John Cushing has not arrived and  Alan Farnes reported that Prime Machine has begun the reassembly oft turbines 2 and 3 and have Unit 1 has already been disassembled and onsite sand blasting and recoating has been  36 identified some clearance issués with the wicket gates. However, they expect tol have them ready for 39 completed. The delivery ofthe runner for Unit 1 (coming from China) has been delayed due to the 40 coronavirus. Prime Machines think they can repair one oft the runners we. have (approximate cost of  37 operation around the first or second week ofMarch.  41 $18,000). We are waiting to seel how long that repair would take. 43 Clint Drake, City Attorney, arrived at this time; 8:30 a.m.  42 44 46  45 PLANTUPDATE  Alan Farnes reported that Solar Turbines, Inc. is supposed to start repair oft the two Titans today.  Page 2 of4    (PC minutes February 28, 2020)  There will be a crew oft three from Texas and one local person. The project is expected to take 21 to 3  weeks, at a cost of$2 million forj parts and labor.  4 ELECTRIC101  5  Mr. Veigel presented a You' Tube video on "Energy 101", a basic course on electricity. The  6 presentation first reviewed basic vocabulary for 3-phase power and Mr. Veigel then discussed "load", 7 "demand", and the difference between AC and DC power. At the request oft the Commission, Mr. 8 Veigel will present additional instruction at a future meeting on how a transformer works. It was 9 suggested that a link to the YouTube videos be put on the City web site. Commissioner Becker referred 10 to the instructive booklet that was used at the. Jackson Hole conference and noted that it was a very  11 helpful tool. 12 13 RESOURCE UPDATE 14  Allen Johnson: reported that UAMPS had planned tol hold a special meeting on the nuclear  15 carbon free project, but it was cancelled. This has slowed the project down and the second off-ramp 16 which was tentatively scheduled for March 1st has been delayed and could be as late as August. A 17 second tour being offered at Corvallis was cited as something very worthwhile for anyone who 18 wanted/could attend. Mr. Johnson noted that it will most likely be similar to the first tour.  19 20  Al lengthy discussion followed regarding the importance ofdoing public relations on thel NuScale  21 project, as well as power resources in general. It was emphasized that the Power Commission work  22 closely with the City Council, as well as the general public.  Commissioner Summers was excused from the meeting at this time...  23' 27 29 30 31 32 33 34 35 36 37 38 40 42 43 4 4  26 Thef following items were included in the packet, but not discussed in the meeting:  28 POWER SYSTEMS OPERATIONS REPORT  a. December 2019 Resource Report b., January. 2020 Lost Time/Safety Report c.January. 2020 Public Relations Report d. January 2020 Outage Reports  39 OTHER BUSINESS  Mr. Johnson reminded the group ofthe APPA Conference (to be held in June) and the UAMPS As ai matter ofinformation, Chairman Pitcher advised the group that the status report on solar  41 conference in April and asked them to let] him know ift they would like to go.  41 customers in Bountiful will bej presented on a quarterly basis as opposed to monthly.  Page 3 of4    (PC, minutes February. 28, 2020)  1 NEXT POWER COMMISSION  2 3 4 ADJOURN 5 8 9 10  The next meeting of the Power Commission will be on March 24, 2020 at 8:00 a.m.  The meeting adjourned at 9:35 a.m. on a motion made by Councilman Higginson and seconded  6 by Commissioner Becker. Voting was unanimous with Commissioners Becker, Bell, Cushing, Irvine,  7 and Pitcher, and Councilman Higginson voting "aye".  JedPitcher, CHAIRMAN    Page 4of4