Water Committee
Meeting Minutes
September 2, 2001

Present: Jim Davis Rick Johnson Harriet Vaugeois

Absent: Will Potter Mike Shelton John Woods

Very brief meeting to discuss feedback from attorneys on current work stoppage and actions from OPEC. Calls to the American Arbitration Board indicate OPEC has not filed for arbitration. Learned a lot about the arbitration process. Learned that it is fairly inexpensive initially but can become quite costly if protracted over a long period of time. No way to predict.

Attorney Bob Winter, expert on contract law, has requested a meeting with POA members who have an intimate knowledge of the water system contract and the history of the construction process. Jim Davis will try to put together this information–sharing meeting as soon as he can get all the parties together. The purpose of this in-depth meeting is to provide a clear picture of what forms and types of litigation might be possible and what they would entail for the SFTR property owners.

An initial contact has been made with OPEC’s new attorney in Denver.

Established a proposed budget for operating the water system once it is operational and accepted by the Metro District for submittal to the Budget Committee at its next meeting.

Part-time manager salary	$12,000
Vehicle for manager on site	5,000
Miscellaneous spare parts	5,000
Water	2,000
Storage shed rental	1,000
Testing	Handled by Trinidad water dept.
Pump repairs, if needed	3,000
Legal services	2,000
Insurance	700
TOTAL	$32,700

Still investigating the possibility of using money in the Power Account to cover these expenses rather than impacting the regular POA budget.

Mike Shelton will be asked to work with Michael Hughes to prepare the system for the winter months.