RSSAll Entries Tagged With: "Lamar Utilities Board"

Lamar Utility Board meeting of 4/23/24

Lamar Utility Board meeting of 4/23/24

At the April 23 meeting, the Board approved minutes of the last meeting as well as approving six purchase orders totaling $54,900.68.  Bills totaling $786,082.31 were also approved.  Absent from the meeting were Roger Stagner and Mayor Kirk Crespin. An agreement to bind ARPA and LUB to the COMPOS EPC contract for the purpose of […]

Lamar Utility Board Meeting of April 9, 2024

Lamar Utility Board Meeting of April 9, 2024

The first of the monthly meetings for the Utility Board was held April 9, 2024.  Mintes from the previous meeting were approved.  Approval was given for Purchase Orders totaling $639,350.23 and for payment of bills totaling $263,268.80. Approved was an irrigation contract between Lamar Utilities Board and Colorado Gravel Co. for electrical service for a […]

Lamar Utility Board Receiving Scholarship Applications

Lamar Utility Board Receiving Scholarship Applications

  The 2023 LUB/ARPA scholarship deadline arrived and this year, there was a total of eight completed applications received for the combined $1,400 scholarship, according to Light Plant Superintendent, Houssin Hourieh during the April 25th meeting.  Lamar and McClave submitted three each and two from Wiley.  Two volunteers, Pat Leonard and Jay Brooke said they’d […]

LUB Recaps Fire Impact on Power Pole Equipment

LUB Recaps Fire Impact on Power Pole Equipment

  Lamar Light Plant Superintendent, Houssin Hourieh, informed the utilities board about last week’s fire and high wind impact made on plant equipment.  Hourieh stated the power distribution was first impacted by high winds on the afternoon of March 22nd.  Around 3pm that afternoon, fire broke out at US Highway 50 which spread to the […]

Lamar Utility Board, March 2023 Report

Lamar Utility Board, March 2023 Report

    The Lamar Utilities Board purchase orders for the month totaled $744,422.85, of which $731,096.39 required approval.  That included the February estimate for the power purchase of $710,831.39 from Arkansas River Power Authority.  February bills totaled $156,625.03. Light Plant Superintendent, Houssin Hourieh, told the board the plant’s line crew is rebuilding an “H” structure […]

LUB Reviews Incentive Assistance for EV Charging Stations

LUB Reviews Incentive Assistance for EV Charging Stations

    As more and more electric vehicles are being manufactured, the City of Lamar has been working to develop an electric gas station, for lack of a better description, adjacent to the Lamar Chamber of Commerce and Welcome Center on East Beech Street. Groundbreaking in preparation for the installation of eight charge points will […]

LUB Sets 2019 Budget, Approves Annual Uncollected Fees

LUB Sets 2019 Budget, Approves Annual Uncollected Fees

    The Lamar Utility Board approved the budget for 2019 and approved the write-offs for uncollected fees for 2017 during their October 9th board meeting. The budget includes total revenues in excess of $16.9 million, $15.8 million from retail electric sales and the balance primarily from wind turbine production. Total operating expenses of almost […]

Council Approves 2019 Budget Ordinance & Mill Levy

Council Approves 2019 Budget Ordinance & Mill Levy

    The Lamar City Council, following a public hearing on the 2019 budget, passed an ordinance on first reading on Monday, October 8, 2018, which adopts the new budget and authorizes revenue and expenditure levels for the new fiscal year. The General Fund for 2019 is $8,667,989. Other areas include the Sales Tax Fund […]

Lamar Utility Board Reviews Proposed 2019 Budget for Light Plant

Lamar Utility Board Reviews Proposed 2019 Budget for Light Plant

    The Lamar Utility Board reviewed their draft proposal for the 2019 budget for the Transmission and Distribution Operation of the Light Plant during their September 25th meeting.  Estimated revenues for 2019 are $15,859,323 for charges for services, based on sales of electric power to all customers.  Investment earnings show an estimated increase at […]

LUB Discusses Solution for ARPA Repayment to Light Plant Customers

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 […]

Position Opens on Lamar Utility Board

Position Opens on Lamar Utility Board

Leo Hernandez, Lamar Utility Board member, indicated he is stepping down from his seat, now that his term has expired. “I can attend some future meetings for a while,” he explained, but stated he is not considering an additional term.  The board will make arrangements to advertise the position to the area. Board members meet […]

Lamar Utility Board Meeting Notes ARPA Lawsuit Probably Back on the Table

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 […]

ARPA Settlement Case May Be Decided by July

ARPA Settlement Case May Be Decided by July

    Both parties in Case 31 have decided on a self-imposed deadline of July 17, 2017 to secure unanimous approval of ARPA’s member municipalities and to come to an agreement between Arkansas River Power Authority as Defendant and the Plaintiff in the case, the City of Lamar. The Senior Judge in the lawsuit, Scott […]

Finance on the Agenda as LUB Closes 2016

Finance on the Agenda as LUB Closes 2016

Two action items on the Lamar Utility Board’s agenda dealt with finances for the approaching year. Board members unanimously passed the annual resolution for the Charter Appropriation Adjustment Tariff.  The appropriation for 2017 is $1,610,223 and is derived from a formula involving the amount budgeted to the City of Lamar for the next year which […]

Syncora Lawsuit Against ARPA Ratepayers Dismissed

Syncora Lawsuit Against ARPA Ratepayers Dismissed

Syncora Guarantee Corp. of New York, a bond insurer for the Lamar Repowering Project, has seen its lawsuit against the Ratepayers recently dismissed in court. The lawsuit was filed in August 2015 against Colorado Mills, the Ports to Plains Truck Plaza and the Rodeway Cow Palace Inn.  The suit alleged that the defendants, through their […]