Water Committee
Meeting Minutes
January 23, 2002

Present:
Jim Davis
Will Potter
Mike Shelton
Harriet Vaugeois
John Woods 		Guest:
Bill Wenstrom

  1. Clyde Young Company had expected to have the engineering study completed by this meeting, but due to an emergency on another project, was unable to complete it. They received the information needed from Vern Jaschke and also information from the manufacturer of the pump station components. Clyde's preliminary, verbal report is that outside of a few questions concerning the placement of some valves and not knowing if the pumps will function automatically, everything else seems to look pretty good.
     
  2. Vern Jaschke has completed his analysis of the OPEC position and is forwarding his comments to atttorney Robert Winter. Vern is also nearing completion of the application to register our water system with the State of Colorado and awaits the Clyde Young report for incorporation in the filing.
     
  3. The other former and current committee members have or are completing their respective responses to the OPEC position letter and are forwarding them to attorney Robert Winter.
     
  4. John Woods reported that he is having difficulty getting the appropriate information from Bill Quigley's files to complete the reconciliation of the invoices from and payments to OPEC, as requested by the bonding company. Bill Wenstrom related that there are additional Metro District records in Quigley's office located in different files. John will get together again with the Quigley staff.
     
  5. John Mitchell suggested that we draft the assignment agreement for the power account fund balance ourselves, using the original transfer agreement for the telephone and water account funds as the model. He will then review and we will save some attorney fees. Jim Davis will do the draft.
     
  6. The question was asked as to how soon we can get a new contractor started after the Clyde Young report is completed. The contractor Clyde has recommended will be able to begin as soon as he is notified of our desire to engage him. However, the bonding company has requested sufficient time to review the engineering report and our response to OPEC's position before we sign a new construction contract. We feel that two weeks should give them sufficient time to perform or be sued.
     
  7. The next committee meeting will be Wednesday, February 13, at 4pm at the Davis home.