The Peru Utilities Service Board held a meeting at the Peru office at 335 East Canal Street, Peru, Indiana, on June 11, 2014. Mr. Akers called the meeting to order at 4:00 p.m. pursuant to notice as required by law. Board members present: S. Akers, M. Costin, and J. Richter. Absent: G. Ward and G. Sandbakken. Others present: B. Berkshire, R. Merriman, and B. Tillett.
1.) APPROVAL OF BOARD MINUTES OF MAY 28, 2014:
Mr. Richter made a motion to table the approval of the May 28, 2014, board minutes until the next meeting, since only two members were present and a quorum was not met. Ms. Costin seconded the motion and the motion carried.
2.) PAYMENT OF CLAIMS:
A motion was made by Ms. Costin to approve the claims for payment as presented. Mr. Richtered seconded the motion and the motion carried.
3.) NEXT REGULAR MEETING:
The next regular meeting will be held Wednesday, June 25, 2014, at 4:00 p.m. in the Utility Service Board room.
4.) OLD BUSINESS: None
5.) NEW BUSINESS: None
6.) CITY ADMINISTRATION UPDATE: None
7.) CITY ATTORNEY UPDATE: None
8.) MANAGER’S REPORT:
Mr. Richter questioned if there were very many small water and wastewater utilities that remained under the I.U.R.C.’s jurisdiction. Mr. Merriman explained that was probably the reason why the I.U.R.C. had approved a rate adjustment mechanism for small water/wastewater utilities that remain under its jurisdiction. Mr. Merriman said that the I.U.R.C. had approved the adjustment mechanism based on an “Annual Cost Index.” Mr. Merriman felt that we could use the guidelines in the Commission order as rationale to fashion a similar provision for the new water rate. Scott Miller of H.J. Umbaugh, utility rate consultant, would be meeting with Mr. Merriman and staff on June 25 to review the new zwater rate study calculations.
There being no further business to bring before the Board, Mr. Richter made a motion to adjourn. Ms. Costin seconded the motion. The meeting adjourned by unanimous consent.