Board Minutes of
Of the Board of Directors of the St.
Vrain Sanitation District
Attendance:
Directors: Brad Hagen, Wesley LaVanchy, Gary Cope,
Reggie Golden arrived at
Brian Travis excused absence
Staff: Eric Doering, Jon Peterson, Rob Fleck, John Anderson, Kim Castonguay, Dick Lyons Attorney
Public: Merle Maass, Bill Woods, and Josh Magden
Call to Order: The meeting was called
to order at
Additions or Deletions to Agenda: Move the Executive Session District Manager Review to follow the Discussion Items.
East I-25 Sanitation
District
Merle Maass and Bill Woods of the East I-25 Sanitation District came before the Board to present an update on the East I-25 Sanitation District. The current members of their Board are: Stephanie Stewart, Bill Woods, Merle Maass, and Butch Sekich. Jim Collins is the Attorney. The East I-25 Sanitation District is currently working with NFRWQA to have the St. Vrain Sanitation District and East I-25 Sanitation District overlapping 208 boundaries changed so that there will be no overlapping of the Districts and that St. Vrain Sanitation District will have that particular overlapping parcel back in their 208 boundary. Reggie Golden suggested that Merle Maass, Jim Collins, Eric Doering and Dick Lyons meet and go over the new contract since this contract is different then the original one presented to St. Vrain Sanitation District. It has always been the St. Vrain Sanitation Districts intention to treat the sewage from the E-I25 Sanitation District.
Josh Magden of George
K. Baum-Defeasement of Mill Levy
Josh Magden came before the Board to discuss the defeasement of the Bond Mill Levy. He explained that there are two ways to defease the Bond by the end of 2008. The Mill Levy will be approximately $1.3 million dollars by the end of 2008. The first is a legal defeasement, which is to set aside approximately $1.5 million dollars in Escrow in a risk free treasure account. The other is called a financial defeasement where St. Vrain Sanitation District would set aside $1.3 million dollars in a bank. All interest on this would come back to St. Vrain Sanitation District, and St. Vrain Sanitation District would keep the debt for the bond on the financial books. Wesley LaVanchy made a motion to direct Staff to take the steps necessary to affect a legal defeasement of the existing Bond and indebtedness. Reggie Golden seconded it. Approved
Consent Agenda
Reggie Golden made a motion to approve the consent agenda. Wesley LaVanchy seconded it. Approved
District Manager
Report
St. Vrain Sanitation District
currently has a CD at New Frontier Bank.
The only person on the CD signature card in no longer a Board Member and
new signature card was signed at the board meeting. St. Vrain Sanitation District will be putting
$100,000.00 into a CD at Valley Bank where Tri Area Sanitation had their funds. Several St. Vrain Sanitation District staff
members had a meeting with Dacono Sanitation District Staff along with both
Attorneys to discuss what needs to be done by May 1st. Eric informed the Board that St. Vrain
Sanitation District will be retaining Peggy Brown as an employee of the
District to help in the Accounts Receivable department. The District Board Election will be
There is a statutory prohibition against Board members doing work for the District. If a public bid process is used then Board member companies may be considered. The effected Board member must recuse themselves from votes.
Action Items
Reggie Golden made a motion to
accept the Fleet Policy with the word scheduled removed from the policy. Wesley LaVanchy seconded it. Approved
Board asked staff to bring back to the April Board meeting a list of what vehicles the District currently owns. Staff will also provide a replacement plan along with what the District needs versus what the District currently has along with the approval of Vehicle purchase for the Treatment Plant. Staff will bring back the issue of the lift gate on the Treatment plants F150 truck to the April Board meeting.
Reggie
Golden made a motion to accept the certification of cost for the Liberty Gulch
Phase
Discussion Items
Rob Fleck updated the Board on the progress of the Tri Area Line. Staff will have all Easements signed for the Phase I today and anticipates putting the bid out before the April Board meeting. Staff is currently working on Phase II Easements. The Hall Family Partnership is concerned about the Slurry Wall on the Shores Reservoir being punctured during the construction of the line through their property.
Executive Session
Board went into Executive Session pursuant to Section 24-6-402(4)(f) for the discussion of a personnel matter.
Reggie Golden made a motion to renew the employment contract
for Eric Doering for 2008 2009 with a salary increase to $96,000.00 per year,
effective
Meeting adjourned at
____________________ ____________________
Recording Secretary Board Secretary
____________________ ____________________
Date Date