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HomeMy WebLinkAbout09-09-1991 281 MINUTES WATER BOARD SPECIAL SEPTEMBER 9, 1991 1. The meeting was called to order by Chairman Shirley to discuss water meters. Members Present: Shirley, Sauber, Wier. Members Absent: None. Also Present: Administrator Thompson, Finance Director Henneke. III 2. A statement concerning the feelings of each of the Board members letting it be known how each member felt about meters and/or the need for meter installation. 3. It was reported that there is available to the Board the following monies: a. Water Availability Fund - $110,000.00. b. Certificates of Deposit - approximately $245,000.00. It was reported that Well No. 1 has sand in the water and that money must be kept on hand to take care of this. The amount is not known. 4. The following things were discussed: a. Minneapolis has a policy of reading every meter once per year directly, with homeowners being notified when reader is to come. Each homeowner must make arrangements to let the meter reader in on the date of reading. b. The cost of a remote reader on the outside of the house is about $35.00. c. The estimated cost per year to read meters directly on a quarterly basis would be about $17,000.00 per year. d. Consider the first reading period as a time when a grace period would be allowed. e. Suggestion that a fee of $5.00 per quarter be added to all bills now to help pay for meters when they are installed. f. Consider adding storage to bonding, if bonding is to be used to finance meter installation. g. Finance Director to provide bonding costs on alternatives. h. On any prefinished basement that the homeowner provide a "hold harmless" clause for any damage to finish work done in area where meter is to be installed. 5. It was reported that if a contract to install meters is to be made, that it takes 6 weeks to 2 months. Further, if a contract is to be awarded that there will be a time lag from awarding the contract until such time as work can begin. 6. The question was asked "How long will it be from the time of meter installations until charges can be made for water from the meter reading?". 7. The meeting adjourned. Submitted by, Marvin Wier Acting Secretary Approved