Thursday, April 14, 2011
The regular meeting of the Board of Directors of the Omaha Public Power District was held in the Board Room on the Atrium Level of Energy Plaza East on April 14, 2011, at 10:00 a.m.
Present were Directors M. J. Cavanaugh, N. P. Dodge, J. K. Green, A. L. McGuire, L. Scheve, J. R. Thompson, F. J. Ulrich, and D. D. Weber. Also present were W. G. Gates, President and S. M. Bruckner and T. F. Meyerson, General Counsel for the District. Mr. Green, Board Chair, presided, and Ms. Emerson, Corporate Secretary, recorded the minutes. Other members of Management present were T. J. Burke, D. J. Bannister, M. I. Doghman, E. E. Easterlin, J. T. Hansen, A. J. Minks, D. K. Petrus, R. J. Rogers, J. J. Hanson, and M. R. Jones. Others present included C. Perkins (Local Union No. 763), M. Ferguso (HDR), M. Welsch, and Ms. E. Wells.
The Corporate Secretary read the following:
“Notice of the time and place of this meeting was publicized by notifying the area news media; by publicizing same in the Omaha World-Herald and Outlets; by displaying such notice on the Arcade Level of Energy Plaza since April 8, 2011; and by mailing such notice to each of the District’s Directors on that same date.
“A copy of the proposed agenda for this meeting has been maintained, on a current basis, and is readily available for public inspection in the office of the District’s Corporate Secretary.
“Additionally, a copy of the Open Meetings Law is available for inspection in the public meeting book located in this meeting room.”
It was moved and seconded that the Board reviewed the February 2011 Comprehensive Financial and Operating Report and that the minutes for the last meeting be approved. The vote was recorded as follows: Cavanaugh – Yes; Dodge – Yes; McGuire – Yes; Scheve – Yes; Thompson – Yes; Ulrich – Yes; Weber – Yes; and Green – Yes. The motion carried.
Thereafter, the Corporate Secretary read the following:
“Persons wishing to address the Board on a particular item are asked to approach the microphone as that agenda item is discussed. Comments will be heard following Board discussion of the item and prior to a vote by the Board. Persons wishing to address the Board on all other matters will have an opportunity before the close of the meeting.”
The following resolutions were then read, and upon motion duly seconded, were placed on roll call. The vote on each resolution is indicated following the description of that resolution.
RESOLUTION NO. 5866 approves the District’s Health Plan – 2010 Report. Committee Chair Thompson led the discussion by stating that in 1991, the Board of Directors authorized the formation of a self-funded Administrative Services Only Health Plan (Health Plan). The Health Plan includes the health insurance programs and dental program offered by the District. The Health Plan is subject to the Political Subdivision Self-Funding Benefits Act, set forth in §13-1601 to §13-1626, Revised Statutes of Nebraska (Benefits Act). In order to comply with the Benefits Act, the District is required to prepare an annual report on the Health Plan and required reserves. Two funded reserves are maintained for the Health Plan in accordance with the Benefits Act. One reserve is to account for timing delays in claims filing and processing which is referred to as an Incurred But Not Presented Reserve. A second reserve ensures that funds will be available during each ensuing month and is called the Monthly Claims and Expenses Reserve. Mr. Thompson reviewed the expenses and reserve balances included in the report. Following the discussion, the vote was recorded as follows: Cavanaugh – Yes, Dodge – Yes; McGuire – Yes; Scheve – Yes; Thompson – Yes; Ulrich – Yes; Weber – Yes; and Green – Yes. The motion carried.
RESOLUTION NO. 5867 authorizes management to implement the revised Open Access Transmission Tariff on an effective date to be determined by Management and subject to review and approval of the final form of the tariff by the District’s legal counsel. Committee Chair McGuire led the discussion indicating the District has notified the Southwest Power Pool (SPP) of its intention to change its membership status in SPP to a non-transmission owner. In order to accommodate the transition to a non-transmission owner in SPP, OPPD’s OATT (including the rates, terms and conditions associated with providing transmission services on OPPD’s transmission system) must be revised. OPPD has revised its OATT to accommodate new transmission service requests and existing transmission service agreements, and to incorporate changes reflecting current Federal Energy Regulatory Commission standards for transmission tariffs including new rate methodologies for Energy and Generator Imbalance. OPPD has posted the proposed revised OATT on its Open Access Same-Time Information System website and has notified transmission customers in writing regarding the proposed OATT changes. The proposed OATT has been reviewed by legal counsel and found to substantially conform to the applicable Federal Energy Regulatory Commission requirements. The new rate methodologies included in the proposed OATT have been reviewed by the District’s Rate Consultant, CH2M HILL, and found to be fair, reasonable, and nondiscriminatory and have been recommended for approval.
Following the discussion, the vote was recorded as follows: Cavanaugh – Yes; Dodge – Yes; McGuire – Yes; Scheve – Yes; Thompson – Yes; Ulrich – Yes; Weber – Yes; and Green – Yes. The motion carried.
Copies of the foregoing resolutions are filed in the District’s Corporate Records file.
The next item of business was the opportunity for those in attendance to address the Board on any items of District concern.
Ms. Elaine Wells, 5005 Read St., Omaha, NE 68152, commented on the effects of climate change and asked the Board to consider additional measures to limit and mitigate greenhouse gas emissions. The Board thanked Ms. Wells for her comments.
There being no further business, the meeting adjourned at 10:12 a.m.
A. J. Minks D. S. Emerson
Assistant Secretary Corporate Secretary