Loading...
HomeMy WebLinkAbout02.14.2019 IMC MeetingAlaska Intertie Management Committee Teleconference Meeting Thursday, February 14, 2019 Anchorage, Alaska CALL TO ORDER Chair Brian Hickey called the meeting of the Alaska Intertie Management Committee to order on February 14, 2019. A full quorum was established. 2. ROLL CALL FOR COMMITTEE MEMBERS Members participating telephonically: Brian Hickey (Chugach Electric Association); Cory Borgeson (Golden Valley Electric Association); Ed Jenkin (Matanuska Electric Association), Mark Johnston (Anchorage Municipal Light & Power). Members present in person: Jeff Warner (Anchorage Municipal Light & Power); and Kirk Warren (Alaska Energy Authority). 3. PUBLIC ROLL CALL Public present in Anchorage: Curtis Thayer, (AEA), Jocelyn Garner (AEA), Owen Berklund (AEA), Brandi White (AEA). Public participating telephonically: Dan Bishop (Golden Valley Electric Association (GVEA); David Pease, (Matanuska Electric Association (MEA); Jeff Warner, (Anchorage Municipal Light & Power), Ken Langford, (Anchorage Municipal Light & Power), Larry Jorgensen, (Homer Electric Association); Burke Wick (Chugach Electric Association (CEA); Kirk Gibson (McDowell Rackner & Gibson PC); Bernie Smith (Public). 4. AGENDA APPROVAL MOTION: Mr. Borgeson made a motion to approve the agenda. Motion seconded by Mr. Jenkin. The motion was approved unanimously. 5. PUBLIC COMMENTS There were no public comments. 6. NEW BUSINESS 6A. Budget Amendment AMENDMENT: Move that the Alaska Intertie Management Committee approve the first amendment to the fiscal year 2019 budget as presented. The budget amendment reduces operating costs by $360,000, authorizes the use of the Alaska Intertie Trust Fund, and reduces the usage rate per MWH to $0.24. MOTION: Mr. Johnston made a motion to approve the budget amendment. The motion was seconded by Mr. Borgeson. Before the vote was finalized however, there was a call for discussion. Ms. Gamer informed the group that both the IOC and the Budget Subcommittee had previously discussed the budget amendment and had approved moving it forward. She highlighted a cost change from MEA which had removed a $350,000 cost from maintenance of structures and a second cost change from Golden Valley which had reduced its estimates for tower 748 repair by $100,000. She noted the use of Alaska Intertie Trust Fund to use $38,000 currently sitting in the cash account. In her calculations of how much cash was needed to cover 83.5 percent of operating costs, Ms. Garner determined a usage rate of 24 cents per megawatt hour. There was discussion regarding the effective date of the rate change and whether the change should be retroactive or from this point forward. Ms. Garner said that the rate is effective as soon as the amendment is approved and the meeting adjourns. Mr. Gibson advised that specific wording regarding the effective date needed to be included in the motion. Mr. Warren then read the motion with the friendly amendment into the record as follows: MOTION: Move that the Alaska Intertie Management Committee approve the first amendment to the fiscal year 2019 budget as presented. The budget amendment reduces operating costs by $360,000, authorizes the use of the Alaska Intertie Trust Fund, and reduces the usage rate per MWH to $0.24 retroactive to January 1, 2019. As maker of the motion, Mr. Johnston accepted the friendly amendment as did Mr. Borgeson who had seconded. MOTION: The motion was approved by roll call vote unanimously. 7. NEXT MEETING DATE The next regular meeting is slated for March 22, 2019. 8. ADJOURNMENT There being no further business of the AIMC, the meeting adjourned. AIMC Meeting Minutes -February 14, 2019 Page 2 of 2