1 2 3 4 5 6  MEETING OF THE January 22, 2019-8 8:00 a.m. Those in Attendance  BOUNTIFUL CITY POWER COMMISSION  7 Power Commission 8 John Cushing, Chairman 9 Susan Becker 10 Dan Bell 11 David Irvine 12 Paul Summers 13 14 Excused 16 Jed Pitcher 17 18 WELCOME 19 21 23  Power Department Allen Johnson, Director Jay Christensen Alan Farnes Jess Pearce Luke Veigel Recording Secretary Pat Wood/Nancy Lawrence  15 John Marc Knight, Council Representative  Chairman Cushing called the meeting to order at 8:07 a.m. and welcomed those in  20 attendance. Mr. Christensen offered the invocation.  22 ELECTION OF POWER COMMISSION CHAIRMAN & VICE CHAIRMAN 24 Chairman oft the Power Commission for the next year. Commissioner Summers motioned to 25 rctain John Cushing as Chairman and Jed Pitcher as Vice Chairman. Commissioner Irvine 26 seconded the motion and voting was unanimous with Commissioners Cushing, Becker, Bell,  Chairman Cushing noted that the first item oft business is to elect a Chairman and Vice  27 Irvine, and Summers voting "aye". 29 MINUTES- - November 13,2018  28 30  Minutes of the regular meeting of the Bountiful City Power Commission held November  31 13, 2018 were presented and unanimously approved on ai motion made by Commissioner 32 Summers and seconded by Commissioner Becker. Commissioners Cushing, Becker, Bell,  33 Irvine, and Summers voted' "aye". 35 CALENDAR UPDATE  34 36  Mr. Johnson referred to the Power Commission calendar which was previously adopted  37 ini the November 2018 meeting and noted that several changes need to be made. He called 38 attention to two meetings which will focus on nuclear power: one at the State Capitol on 39 February 12", and a reception with the legislature on February 19th. Mr. Johnson encouraged all 40 who could to attend these two meetings. Regular Power Commission meetings will continue to 41 be held on the 4th Tuesday of each month, with exceptions for April (Joint PC and CC Budget 42 meeting changed to. April 9th) and May (3td Tuesday); and no meetings in July and December. 45 BUDGET REPORT - YEAR-TO-DATE 6- MONTH PERIOD ENDING DECEMBER31, 48 Ended 31 December, 2018. He noted that July through November 2018 are final (with estimates  43 The revised calendar also shows local and national conferences.  44 46 2018 47  Mr. Christensen presented the Budget Report for the Fiscal Year-to-Date 6-month Period  Page 1 of4    (PC minutes January 22, 2019)  1 as shown) and December 2018 is preliminary but most YTD line item amounts will not change 2 from this report when they are final. Estimates include Electric Metered Sales, Air Products, and 5 $68,716. Major items above their HABs were electric metered sales (EMS) at $185,725, and 6 preliminary interest income on investments at $23,196. Major items below their HABs were. Air 7 Products at $(57,598), street light income at $(47,910), and contribution in aid to construction at  3 UAMPS Power Costs.  4  Total revenues YTD were $15,878,586, above its historically allocated budget (HAB) by  8 $(39,181). 9 10  Total Operating Expenses YTD were $13,922,048, below its HAB by $373,133. The  11 major expense below its HAB was. Power Costs at $271,533, but numerous other expenses were 12 also below their HABs. They were only partially offset by street light expense which was above  13 its HABI by $(121,620).  14 15 18 19 21 22  Total Capital Expenditures YTD were $735,213 and included materials, labor, and third-  16 party work on1 the 1381 KV substation, feeder #575, the feeder #673-#271 inter-tie, feeder #37X  17 East, the Culver'sp project, and several other projects.  The net margin for the YTD was $1,221,325, above its HAB by $255,805, largely due to Changes in Balance Sheet and Cash Flow Statement YTD were briefly reviewed,  20 lower than budgeted power costs and higher than budgeted EMS revenue.  23 following which Commissioner Bell made a motion to accept the budget report as presented. 24 Commissioner Summers seconded the motion which carried unanimously with Commissioners  25 Becker, Bell, Cushing, Irvine, and Summers voting "aye".  26 28  27 ISUBSTATIONUPDATE  Mr. Farnes reported that the second new 100MVA transformer has been installed at the  29: 138 substation. He: narrated a slide show which showed the progression of work done at the 138 30 substation. There are a few items that Virginia/Georgia Transformer has been instructed to 31 correct before the #2 transformer will be energized. Itis anticipated that this work will be 32 completed ini the next week or two sO that the new #2 transformer can be energized and loaded.  33 34 36 38  Cache Valley Electric has a few punch list items to complete and they will be finished  35 with this project.  37 OSMOSE POLE TESTING UPDATE  Mr. Veigel reported that Osmose is currently working on testing the distribution poles  39 throughout the City. They have tested 2,910 poles and oft those, 12 were priority rejects and 135 40 were rejects. The crews are changing priority reject poles as they come in, and so far they are 41 able to keep up with the changes needed. They are currently working in Plat A. Mr. Veigel 42 noted that one oft the most important aspects ofhaving Osmose do the pole testing is that poles 43 which are dangerous to climb are being identified, which provides safety information for the  44 crews. 45 46  Mr. Veigel also reported that additional street lights are planned fori installation on  Page 2 of4    (PC minutes. January 22, 2019)  Bountiful Boulevard.  2 4  3 SOLAR INSTALLATIONSUPDATE  Mr. Christensen reviewed three spreadsheets which reflect the impact ofa a nine-month  5 period oft the: solar generated power resource. Residential customers who are grandfathered in to 6 net metering created a loss of$139,871 to the City for the 9-month period. These 196 customers 7 are selling an average of 56% ofthe power they generate back to the City. Six commercial net 8 metering customers have created a 9-month loss of $8,892. The 15: feed-in tariff customers 9 (whose usage is tracked in three different daily time periods) have generated al loss of$5,283 for 10 the nine-month time period that this rate has been used. The data which has been collected on all 11 solar customers will bel helpful in establishing future rates, as well as consideration of purchasing  12 solar generation from outside resources. 14 PRELIMINARYI BUDGET UPDATE  13 15  Mr. Johnson reviewed that a portion ofthe focus for establishing the budget for the next  16 fiscal year is maintenance of the system. Included ini that maintenance will be the ongoing 17 testing of poles by Osmose, the rebuilding oft the Northwest substation, continued work on the 18 feeder at the Southwest substation, rebuilding the overhead line by the cemetery, continuing to 19 work on the line that feeds out ofthe substation by the former ShopKo building and tying back to 20 the feeder by the Fifth Amendment which completes the feed from 200 West. He noted that 21 therei is still some wire on the system that is not shielded and this will be systematically replaced. 22 The Echo hydro control system also needs to be upgraded to provide a 25-year life for that  23 resource. 24 25  Mr. Johnson referred toj problems which PG&E has had in California with liability and  26 noted that we should be aware of situations which could be al liability for us. This included items 27 such as tree removal, wind-related destruction, and cyber security. It was the consensus ofthe  28 group that regular /ongoing maintenance is critical.  29 31 34 36 37 38 39 40 41 42 43 44 45 46  30 RESOURCE UPDATE 33 power from this resource.  Mr. Johnson reported that we are still working on the possibility of participation in the  32 nuclear project. The IPPA project is moving ahead and it appears that we will not be using much  35 POWER SYSTEMS OPERATIONS REPORTS  The following items were included in the packet, but not discussed in the meeting:  a. October and November 2018 Resource Reports  b.] November and December 2018 Lost Time Related Injuries/Safety Report  C. November and December 2018 Public Relations Report d. November and December 2018 Outage Reports  Page 3 of4    (PC minutes. January 22, 2019)  OTHER BUSINESS None  2 3 5 6 7 ADJOURN 8 9 10 11  4 NEXT POWER COMMISSION  The next meeting of the Power Commission will be on February 19, 2019 at 8:00 a.m.  The meeting adjourned at 9:50 a.m.  harf    Page 4 of4