Oct 10, 2016 Public Utilities Board on 2016-10-10 9:00 AM

Meeting Details

Meeting Date:	October 10, 2016
Board:	Public Utilities Board
Video ID:	14355

Has Transcript:	Yes
Has Agenda:	Yes

Source Video Agenda URL

AI Summary by Dentron 3000

Meeting Summary: Public Utilities Board Date: October 10, 2016 Time: 9:00 AM Location: Service Center Training Room, 901-A Texas Street, Denton, TX

Key Topics and Discussions - Closed session deliberations (PUB16-173) on Denton Municipal Electric (DME) competitive and financial matters, including generation system improvements, purchased power strategies, and agreements to meet future energy needs. - Consent agenda items (PUB16-212 through PUB16-217) covering land acquisition for transmission infrastructure, capital program financing, financial planning services, and architectural contract amendments. - Approval of draft minutes from the September 12, 2016 meeting. - Assistant City Manager updates regarding the ARCO Substation, closure of the Shady Oaks Recycling Drop-Off Site, and project tracking matrix.

Motions, Votes, and Outcomes - The provided transcript contains no recorded audio or proceedings. Consequently, no motions, votes, or formal outcomes are documented in this record.

Decisions Made - No final decisions, approvals, or rejections are documented in the provided materials. All agenda items were presented for board consideration per staff recommendations.

Action Items or Next Steps - City Council to consider an ordinance authorizing the acquisition of a 1.253-acre tract for electric transmission lines at a purchase price of $166,859.00, with eminent domain authority if negotiations fail. - City Council to consider an ordinance declaring intent to reimburse $65,000,000 in Electric Utility and $23,580,000 in Solid Waste capital expenditures via Certificates of Obligation (aggregate maximum $88,580,000). - City Manager to execute a professional services agreement with New Gen Strategies & Solutions, LLC for DME financial planning and rate modeling (not-to-exceed $215,000). - City Manager to execute Contract Amendment #2 with Nelson + Morgan Architects, Inc. for Fleet Services Annex design services (additional $158,035.00; total expenditure $202,948.09). - Upon board approval, the Assistant City Manager of Utilities or designee is authorized to implement consent agenda items per staff recommendations.

Transcript

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Agenda

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                    City of Denton City Hall
215 E. McKinney St.
Denton, Texas 76201
www.cityofdenton.com
Meeting Agenda
Public Utilities Board
Monday, October 10, 2016 9:00 AM Service Center Training Room
After determining that a quorum is present, the Public Utilities Board of the City of Denton, Texas will
convene in a meeting on Monday, October 10, 2016 at 9:00 a.m. in the Service Center Training Room
at the City of Denton Service Center, 901-A Texas Street, Denton, Texas at which the following items
will be considered:
The Public Utilities Board (PUB) will convene in a Closed Meeting to consider specific items when
these items are listed below under the Closed Meeting section of this agenda. When items for
consideration are not listed under the Closed Meeting section of the agenda, the PUB will not conduct a
Closed Meeting and will immediately convene its open meeting. The PUB reserves the right to
adjourn into a Closed Meeting on any item on its open meeting agenda consistent with Chapter 551 of
the Texas Government Code, as amended, or as otherwise allowed by law.
CLOSED MEETING
A. PUB16-173 Deliberations Regarding Certain Public Power Utilities: Competitive Matters -
Under Texas Government Code Section 551.086.
Receive a presentation from Denton Municipal Electric staff (“DME”) regarding
public power competitive and financial matters pertaining to plans, strategies,
opportunities, and developments for generation improvements to the DME system;
discuss and deliberate strategies regarding same; discuss and deliberate
opportunities and strategies for the City to acquire purchased power and enter into
agreements regarding the same, in order to meet its future energy needs. Discuss,
deliberate and provide Staff with direction.
ANY FINAL ACTION, DECISION, OR VOTE ON A MATTER DELIBERATED IN A CLOSED
MEETING WILL ONLY BE TAKEN IN AN OPEN MEETING THAT IS HELD IN COMPLIANCE
WITH TEXAS GOVERNMENT CODE, CHAPTER 551, EXCEPT TO THE EXTENT SUCH FINAL
ACTION, DECISION, OR VOTE IS TAKEN IN THE…
                    
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