February 17, 2017
The La Porte City Utilities Board of Trustees met for the regular board meeting on February 17, at 4:30pm. Present were Jon Barz, Shawn Mehlert, Tami Keune, Mike Johnson and Kathy Strubel.
Mehlert made a motion to adopt the agenda, seconded by Keune. Motion passed 3-0.
January minutes approved, motion made by Keune to accept, seconded by Mehlert. Passed 3-0.
Mehlert made a motion to open a public hearing for the approval of the Fiscal Year 17-18 budget, seconded by Keune. Passed 3-0. No written or oral communication was received. Motion made to close the public hearing by Keune, seconded by Mehlert. Passed 3-0.
After discussion on the proposed estimated budget, Mehlert made a motion to adopt Resolution No. 17-01 “Approving the Fiscal Year 17-18 Budget” seconded by Keune. Roll call vote Keune, Mehlert and Barz approval.
Resolution #17-02 “Resolution authorizing transfer of funds.” Motion made by Keune, seconded by Mehlert. Passed 3-0. Transfer of $250.00 from electric base reserve to debt service for initial startup flat fee for the Series 2016 Electric Bond.
The Representation Letter from Ridihalgh Fuelling Snitker Weber & Co. was signed.
A public comment from Gregg McLaughlin regarding moving his electric meters to a different location on his properties was presented by Barz. The board decided to allow Gregg three years to complete this project.
Motion to adjourn by Barz seconded by Keune. Passed 3-0
Meeting adjourned at 5:00pm.
Kathy Strubel, Recording Secretary
JANUARY 2017 DISBURSEMENTS Acco chemicals $1,465.00
Advanced Systems maint agreement $72.20
Aflac ins prem $47.72
Answer Plus answer service $315.11
Bergan Kdv maint agreement $733.93
Black Hills Energy gas $1,135.95
Bob Wood truck springs $70.00
Caseys gas $121.52
CVB & Trust taxes, fed/fica $8,641.79
City of LPC city payback $3,175.88
City Laundry laundry service $836.29
Compressed Air maint power plant $375.07
Delta Dental ins prem $316.20
Deposit Refund dep to customers $650.96
Ditch Witch lease pmt $6,810.00
East Central Co-op fuel/salt $108.00
Eaton Corp switch gear sub stat $564,810.40
Esco Group 2016 series proj-sub stat $237,500.00
Fidelity Security Life ins prem $62.53
GIS Benefits ins prem $397.80
IAMU schooling $375.00
Ia Dept Rev & Finance Dec sales tax $6,713.00
Iowa Utility Board assessment fee $1,135.00
IPERS IPERS $4,181.14
Johnson Mike reimburse milage $206.81
Keyston Lab wt test $24.00
La Porte Motor Supply supplies $25.68
Lockspert well 4 $65.00
LPC Connect phone serv $407.91
LPC Insurance addl coverage $344.00
LPC Post Office billing $755.15
LPC Printing printing/publication $256.65
LPC Utilities – dep to acct $894.04
LPC Utilities – interdept well $8,933.33
Monkeytown supplies $274.76
Motorhead Mayhem maint $475.32
MSA Professional maps $62.60
RPGI purchased power $75,339.97
Sandees stamps $57.75
Shermco Engineering substation $2,500.00
Thatcher Blocke rebate $200.00
USA Blue Book supplies $41.70
Veridian exp reimburse $747.61
Wellmark health ins $5,672.41
Electric / payroll $124,382.22
El Series 2016 $567,310.40
Diesel Engine 2013 $237,500.00
GRAND TOTAL $957,293.07
JANUARY 2017 REVENUE
Electric Series 2016-Bond proceeds-Dec $2,145,200.00
GRAND TOTAL $2,335,979.65
La Porte City Utilities Board of Trustees – February 17, 2017
February 17, 2017