All Entries Tagged With: "ARPA"
Holly Preparing for April Municipal Election
A resolution was passed during the Holly Trustees town meeting on February 7th, allowing Town Clerk, Megan Jara, to appoint election judges for the town’s regular municipal elections for the first Tuesday in April. There will be two candidates for Mayor, incumbent Tony Garcia and Derrell Bailey and there are five candidates for three […]
Upgrades Continue on Light Plant Equipment
The Lamar Utility Board held a brief meeting on Tuesday, January 23rd, approving payment of bills totaling $826,007 and purchase orders of $59,363.11. The meeting agenda covered this year’s continued upgrading of the 69kv substation equipment including a 4-69 KV oil circuit breaker which will be replaced by a Sulphur hexafluoride (SF6) gas circuit […]
City Gets Briefed on ARPA Bond Reduction Plan
Now that the litigation between the City of Lamar and ARPA, Arkansas River Power Authority, has been settled, ARPA is looking for a means to reduce the size of the $140M in outstanding construction bonds for the Lamar Repowering Project. ARPA General Manager, Rick Rigel, explained the process ARPA is considering to the Lamar […]
LUB Discusses Solution for ARPA Repayment to Light Plant Customers
The Lamar Utility Board began their 2018 monthly meeting with the financial statements for November 2017 which showed that cash is up $326,438 from October and accounts receivable decreased by $233,471. The total operating revenue for the month was $1,097,657 with operating costs of $840,985 for a gross operating income of $256,672. When the […]
City Council Seeks Means to Reduce Electric Power Rates
The Lamar City Council, during their final meeting of 2017, gave thought to a means by which Lamar Light and Power customers could realize reduced costs for their electricity purchases. The general population of the City of Lamar had issued past comments that, should the lawsuit against ARPA by the City of Lamar […]
Utility Board Okays Electric Cost Adjustment
The Lamar Utility Board, in their final meeting of the year, approved an Electric Cost Adjustment, ECA, as an action that will be carried into 2018. Light Plant Superintendent, Houssin Hourieh, explained that the increase will be required to keep the plant from incurring a technical default with the bond covenant on the […]
Revenues Up as Light Plant Nears Year’s End
With only one meeting left on the 2017 calendar for the Lamar Light Plant, Superintendent Houssin Hourieh provided October’s financial report for board members this past Tuesday, November 28th. Total operating revenue for the month is $1,255,487 with operating costs at $848,143 resulting in gross operating income of $407,345. When the non-operating revenues […]
Financing for Hotel Feasibility Study Approved, Las Brisas Granted Liquor License.
The Lamar Redevelopment Authority approved a dollar match of $1,875 with Prowers Economic Prosperity, to help fund a $7,500 hotel feasibility study for Lamar. Angie Cue, Community Development Director, explained that the study will help determine if Lamar can support a second high end motel to attract visitors and travelers as a destination site, […]
Lawsuit Resolved…City of Lamar and ARPA Reach Agreement
The City of Lamar and Arkansas River Power Authority have been attempting to reach a settlement regarding the Lamar Repowering Project for several years and the Lamar City Council approved a resolution for the settlement agreement in principle with the power supplier. The city council brought a suit, Case 31, against ARPA in […]
Lamar Utility Board Reviewing Long Term Power Contract
Lamar Light Plant Superintendent, Houssin Hourieh, outlined a 33 year contract proposal between the board and WAPA, Western Area Power Administration during the board’s October 24th meeting. When asked by board member, Michael Horning, why it was for so long a duration, Hourieh replied, “Because we get a great rate.” The superintendent explained this […]
Holly Trustees Delay Action on Landfill
The Holly Board of Trustees had sufficient attendance for a quorum during their monthly meeting on Wednesday, October 4th, but in light of the absence of Mayor Tony Garcia and other members, several agenda items were tabled until a full board was available. The evening’s work session consisted of a presentation of an […]
Hernandez Rejoins LUB, ARPA Mediation Open Until August 31st
Leo Hernandez was reappointed to the Lamar Utilities Board during its regularly scheduled meeting on Tuesday, August 15th. Prior to that, the Lamar City Council approved his reappointment during their Monday meeting which the Utilities Board ratified for a five year term. Hernandez became a board member in 2013. The lawsuit between the City of […]
Council Approves Oktoberfest Events Permit, Wants More Discussion on Retail Wine Tasting Events
A special events permit was granted to the Lamar Chamber of Commerce following a scheduled public hearing by the City Council, Monday, August 14. The permit will allow the chamber to host their annual beer garden from 10am to 11pm during the Oktoberfest festivities on Saturday, September 23rd at the Chamber parking lot, adjacent […]
Lamar Utility Board Meeting Notes ARPA Lawsuit Probably Back on the Table
The Lamar Utility Board members held a brief meeting, Tuesday, July 11, 2017 to approve purchase orders totaling $731,781 and monthly bills of $188,145.13. Members also approved the purchase of stock inventory of crossarms and line hardware for power pole equipment. The lowest of seven bids, $10,440, was approved by unanimous vote. Lamar […]
Hitch for ARPA/City of Lamar Settlement Agreement
Lamar Light Plant Superintendent, Houssin Hourieh, announced that The City Council of La Junta cast a collective ‘no’ vote May 15th to approve the settlement agreement between ARPA and the City of Lamar. Their counterparts in Trinidad, also an ARPA municipal member, decided to table their decision during their May meeting. All six ARPA members, […]
