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AP 10-04-07 SOUTH TAHOE PUBLIC UTILITY DISTRICT IIBasic Services for a Complex World" REGULAR BOARD MEETING AGENDA Thursday, October 4,2007 2:00 P.M. District Board Room 1275 Meadow Crest Drive, South Lake Tahoe, California Richard Sol brig, General Manajer Eric W. Schafer, President BOARD MEMBERS Paul Sciuto, Assistant Manaqer James R. Jones. Vice President Duane Wallace, Director Mary Lou Mosbacher, Director Kathleen Farrell, Director 1. CALL TO ORDER REGULAR MEETING - PLEDGE OF ALLEGIANCE 2. COMMENTS FROM THE AUDIENCE (Short non-agenda items that are within the subject matter jurisdiction of the District. Five-minute limit. No action will be taken.) 3. CORRECTIONS TO THE AGENDA OR CONSENT CALENDAR 4. ADOPTION OF CONSENT CALENDAR (Any item can be discussed and considered separately upon request.) 5. CONSENT ITEMS BROUGHT FORWARD FOR ACTION I DISCUSSION 6. PRESENTATION a. Reserve Investment Report (Nancy Jones, PFM Asset Management LLC) 7. ITEMS FOR BOARD ACTION REQUESTED BOARD ACTION a. Consideration of Necessity of Emergency Pg.21 Action re: Angora Wildfire (Paul Sciuto) Terminate the Emergency Actions Taken Under Resolution No. 2834-07 b. Payment of Claims Pg.23 Approve Payment in the Amount of $2,006,313.09 REGULAR BOARD MEETING AGENDA - OCTOBER 4, 2007 PAGE.2 8. BOARD MEMBER STANDING COMMITTEE REPORTS (Discussions may take place; however, no action will be taken) a. Water & Wastewater Operations Committee (Jones / Farrell) b. Finance Committee (Wallace / Schafer) . c. Executive Committee (Schafer / Jones) d. Planning Committee (Mosbacher / Schafer) 9. BOARD MEMBER AD HOC COMMITTEE REPORTS (Discussions may take place; however, no action will be taken) a. EI Dorado County Erosion Control & Utility Relocation (Jones / Wallace) 10. EL DORADO COUNTY WATER AGENCY REPRESENTATIVE REPORT (Discussions may take place; however, no action will be taken) 11. BOARD MEMBER REPORTS (Discussions may take place; however, no action will be taken) 12. STAFF REPORTS (Discussions may take place; however, no action will be taken) a. Lake Valley Fire Protection District Fire Flows Meeting (Paul Sciuto) b. RFP for Third Party Administration of Medical Plan (Rhonda McFarlane) 13. NOTICE OF PAST AND FUTURE MEETINGS I EVENTS Past Meetinas I Events 09/25/07 - Finance Committee Meeting 09/27/07 - Erosion Control Projects & Utility Relocation Meeting w/EI Dorado County 10/01/07 - Water and Wastewater Operations Committee Meeting at District Office Future Meetinas I Events 10/10/07 - 9:30 a.m. - EI Dorado County Water Agency Board Meeting in Shingle Springs 10/10/07 - Noon - Soroptimist's Hosting STPUD Candidates Forum at Harvey's 10/15/07 - 4:00 p.m. - Water and Wastewater Operations Committee Meeting at District 10/16/07 - 9:00 a.m. - Alpine County Supervisors Regular Board Meeting in Markleeville 10/17/07 - 6:30 p.m. - STPUD Candidates Forum in District Board Room 10/18/07 -10:30 a.m. - Board Workshop in District Board Room 10/18/07 - 2:00 p.m. - STPUD Regular Board Meeting in District Board Room 14. CLOSED SESSION (Closed Sessions are not open to the public) a. Pursuant to Government Code Section 54956.9(a)/Conference with Legal Counsel- Pg.39 Existing Litigation re: Meyers Landfill Site: United States of America vs. EI Dorado County and City of South Lake Tahoe and Third Party Defendants, Civil Action No. S-01-1520 LKK GGH, United States District Court for the Eastern District of CA 15. ACTION I REPORT ON ITEMS DISCUSSED DURING CLOSED SESSION 16. ADJOURNMENT (To the next regular meeting, October 18,2007,2:00 p.m.) REGULAR BOARD MEETING AGENDA - OCTOBER 4, 2007 PAGE.3 The South Tahoe Public Utility District Board of Directors regularly meets the first and third Thursday of each month. A complete agenda packet, including all backup information is available for review at the meeting and at the District office during the hours of 8:00 a.m. - 5:00 p.m., Monday through Friday. Items on this agenda are numbered for identification purposes only and will not necessarily be considered in the order in which they appear on the agenda. Designated times are for particular items only. Public Hearings will not be called to order prior to the time specified. Public participation is encouraged. Public comments on items appearing on the agenda will be taken at the same time the agenda items are heard; comments should be brief and directed to the specifics of the item being considered. Comments on items not on the agenda can be heard during "Comments from the Audience;" however, action cannot be taken on items not on the agenda. Please provide the Clerk of the Board with a copy of all written material presented at the meeting. The meeting location is accessible to people with disabilities. Every reasonable effort will be made to accommodate participation of the disabled in all of the District's public meetings. If particular accommodations for the disabled are needed (Le., disability-related aids, or other services), please contact the Clerk of the Board at 530.544.6474, extension 6203, at least 24 hours in advance of the meeting. CONSENT CALENDAR OCTOBER 4, 2007 ITEMS REQUESTED ACTION a. Purchase of Dionex ICS-2000 Ion Chromatograph Pg. 1 (Terry Powers) b. Final/Secondary Effluent Pump Station Pg.5 (Julie Ryan) c. 2007 Glen Road and Gardner Mountain Waterline Pg. 11 Replacement Project (Jim Hoggatt) d. Regular Board Meeting Minutes: Pg. 15 September 6, 2007 (Kathy Sharp) (1) Authorize Exception to the Bidding Procedures as Outlined in the District's Purchasing Policy for Sole Brand/Sole Source Purchases; and (2) Authorize Purchase of Ion Chromatograph from Dionex Corporation, in the Amount of $44,453.40 Plus Tax & Freight Approve Proposal from Winzler & Kelly Consulting Engineers (W&K) for Electrical Modeling and Analysis of the Wastewater Treatment Plant (WWTP) in Support of the Final/ Secondary Effluent Pump Station Project, in the Amount Not to Exceed $75,520 Approve Change Order NO.1 to Marv Mcqueary Excavating Inc., in the Amount of $156,232.62 Approve Minutes South Tahoe Public Utility District. 1275 Meadow Crest Drive · South Lake Tahoe, CA 96150 Phone 530.544.6474 · Facsimile 530.541.0614 · www.stpud.us ~ .........". ......tt. Mrit South Tahoe Public Utility District Di~ ~ FMT'dl J_ R.JoN& Mary Lou MoeNc:tw ~W~ Eric ScMfor 1275 Meadow er.t Drivs -South.... Taho.c.CA 96150-1401 fIhorte. 530 544-6474-r:ax 530 541-D614.wwwstpud.us BOARD AGENDA ITEM 4a TO: Board of Directors FROM: Terry Powers, Lab Director MEETING DATE: October 4, 2007 ITEM - PROJECT NAME: Purchase of Dionex ICS-2000 Ion Chromatograph REQUESTED BOARD ACTION: (1) Authorize exception to the bidding procedures as outlined in the District's Purchasing Policy for Sole Brand/Sole Source Purchases; and (2) Authorize purchase of ion chromatograph from Oionex Corporation, in the amount of $44,453.40 plus tax & freight. DISCUSSION: A new ion chromatograph (IC) is needed to replace the existing instrument which is eight years old. The current IC's operating software is no longer being updated, critical hardware and parts are no longer available, and major breakdowns can no longer be repaired. Dionex Corporation is the only manufacturer to produce an IC able to achieve the low detection limits that the lab must test for (especially for ortho-phosphate used in the ICR TMDL monitoring program). The new unit (ICS-2000) is more automated and manufactured by the same corporation as the previous unit which has proven to be a dependable instrument. Staff requests that the Board approve purchase of a new ICS-2000 ion chromatograph from Dionex Corporation. This item has been reviewed by the District's Purchasing Agent. SCHEDULE: To be completed by December 31,2007 COSTS: $44,453.40 plus tax & freight ACCOUNT NO: 1007 -8822 BUDGETED AMOUNT REMAINING: $55,000 ATTACHMENTS: Dionex Quotation dated July 9,2007 -1- Terry Powers October 4, 2007 Page 2 CONCURRENCE WITH REQUESTED ACTION: GENERAL MANAGER: YES ~ CHIEF FINANCIAL OFFICER: YES_lS ' -2- NO NO CATEGORY: Sewer II Dlonex Quotation TO: Terry Powers DATE: July 9. 2007 South Tahoe Public UtIlity District Laboratory 1275 Meadow C..... Dr South Lake T~, CA 16150 Phone 530~231 FAX 530-141-4216 TPowers@STPUD.dst.ca.uS QUOTATION NO.: 3011 WE ARE PLEASED TO SUBMIT THE FOLLOWING QUOTATION SUBJECT TO CONDITIONS SHOWN: \ \ TE~ QTY PIN DESCRIPTION UNIT PRICE EXTENDED ICS 2000 System with Chromeleon 6.7 and ComDuter 1 1 058006 1CS-2000 Ion Chromatography System with Degas 23,500.00 23,500.00 2 1 061378 ICS-20oo Ion Chromatography System Isocratic to Gradient EG up 1,500.00 1,500.00 3 1 060054 1CS-1000l15OO12000 Air Regulator 150.00 150.00 4 1 058900 EluGen II Hydroxide Cartridge (EGC II KOH)O(Replaces PIN 0539. 985.00 985.00 5 1 060477 CR-ATC Continuously Regenerated Anion Trap Column 950.00 950.00 6 1 061561 ASR5-UL TRA II (4-mm) Anion Self-Regenerating Suppressoro(No 950.00 950.00 7 1 056933 Combined Seven Anion Standard. 50 mL 98.00 98.00 8 1 060549 IonPac ASia Analytical Column (4 x 250 mm) 795.00 No Charge 9 1 , 060551 IonPaeAG18 Guard Column (4 x 50 mm) 250.00 No Charge 10 1 063102 AS Autosampler, Base Configuration 13,000.00 13,000.00 11 2 960708 Line Cord, 3COND. North America 12 1 061308 ICS-2000 Basic Installation (Installation of one application is includE No Charge No Charge 13 1 061631 Dell UltraSharp 1901 FP 19-inch LCD Flat Panel Monitor with DVI i 415.00 416.00 14 1 P66318 Dell 746 Minitower CPU with Windows XP SP2. Pentium 0 91512.8 1,100.00 No Charge 15 1 5960.0063 CHROMELEON PCS-2 for HPLC/GC (server, client, GLP, 2 timeba 6,000.00 6,000.00 16 1 057954 ICS-2000 Preventative Maintenance Kit 700.00 700.00 Quote Subtotal: 4a,24a.00 20 % Discount: ~ -9,649.60 Quote Total: 38,598.40 17 1 61346 Premier Care Program ServIce Agreement - Extends initial warranty to 2 4,575.00 4,575.00 years and adds service to first year. 18 1 031920 Web-based Training Course, 3 attendees 1,280.00 1,280.00 Quote Total with Service Agreement and web 44,453.40 I Warranty: one year parts & labor (consumabl9s & software 90 days) *Applicabl9 taxes and shipping charges are not included The abcwe prlc:ea and terms are valid for flll81 destin8lioll wllhln the Conlinenllll U.S., Alaska, Hawaii and WlI8hington. D.C. RESPECTFULLY SUBMITTED: DIONEX CORPORATION QUOTE EXPIRES 3O-Dec-07 Zee Nadjie Fax Orders To: Technical Representative ESTIMATED DELIVERY FROM RECEIPT OF ORDER WIthin 60 Days Zee Nadiie 1214 Oakmead Parkway FOB POINT Sunnyvale, CA Sunnyvale, Califomia 94085 TERMS Net 30 Days Fax(916)691~98 (916) 691-4258 Ordering: Order should be made out to DioMx Corpondion and sent to the reglona' ClfIIce in SUnnyv.... Callfomla. . -3- ~~ Jbc:NrcI H. EloIIIrit South Tahoe Public Utility District ~ F:Ath'-" F oIr'IllII ~ l(. ..klnt:e Mary loo Mo6I:>ad1dr Pu.tN W..lll<;c Eric 5cI1afor --.::: . . _I 1275 Mt:adow er.t.r.:>rtve. South Lake Tahoe- CA 9615().. 7401 f'hon6 530 54+6414- fax 530 541-0014. WWWstputt.U9 BOARD AGENDA ITEM 4b TO: Board of Directors FROM: Julie Ryan, Senior Engineer MEETING DATE: October 4, 2007 ITEM - PROJECT NAME: Final/Secondary Effluent Pump Station REQUESTED BOARD ACTION: Approve proposal from Winzler & Kelly Consulting Engineers (W&K), for electrical modeling and analysis of the Wastewater Treatment Plant (WWTP) in support of the Final/Secondary Effluent Pump Station project, in the amount not to exceed $75,520. DISCUSSION: The design of the Final/Secondary Effluent Pump Station by W&K is currently being prepared for re-bid this fall. As part of this project, the Contractor will be installing new electrical equipment for the pumps and motors. For this new equipment to be set properly by the Contractor, the District must update the electrical model for the WWTP. W&K has proposed to update the electrical model for the WWTP and perform the necessary analyses to establish settings for the new electrical equipment. Their services will include a site inspection, analyses and reporting. At the same time, W&K will inspect facility equipment and perform additional analyses to evaluate the status of the WWTP's electrical systems with respect to newly recommended electrical safety standards. They will identify the arc fault hazard at electrical equipment where a hazard may be present; they will generate labels for this equipment and provide recommendations for protective gear when working with this equipment. W&K's scope of work and cost estimate to complete the work is attached. This work will be completed as a new Task Order under the existing Master Services Agreement with W&K. -5- Ryan October 4, 2007 Page 2 SCHEDULE: October 1, 2007, through December 31, 2008 COSTS: Not to exceed $75,520 ACCOUNT NO: 1029-8676 BUDGETED AMOUNT REMAINING: $6,191,942 ATTACHMENTS: Task Order Scope of Work and Budget. CONCURRENCE WITH REQUESTED ACTION: GENERAL MANAGER: YES~ NO CHIEF FINANCIAL OFFICER: YEs-RrY~ NO -6- CATEGORY: Sewer # VVINZLER&KELLY CONSULTING ENGINEERS September 25, 2007 Julie Ryan Senior Engineer South Tahoe Public Utility District 1275 Meadow Crest Drive South Lake Tahoe, CA 96150 Subject: Final and Secondary Effluent Pump Stations Electrical System Modeling Task Order Request Dear Ms. Ryan: Winzler & Kelly Consulting Engineers respectfully submits our Task Order request to the South Tahoe Public Utility District for Electrical System Modeling of the Final and Secondary Effluent Pump Stations project and the Wastewater Treatment Plant. This Task Order would be executed in accordance with Winzler & Kelly's Master Agreement with the District. The Electrical System Modeling effort is defined by the following attachments: I. Scope of Work with schedule milestones. 2. Budget Table detailing the fee not to exceed $75,520. We look forward to continued service to the District. Please feel free to contact me at 916-799- 3114 if there are any questions or a need for additional information. Sincerely, WINZLER & KELLY r2::L.~ Senior Project Manager Attachments T 3410 Industrial Blvd., Suite 102, West Sacramento, CA 95691 T te1916.372.6606 fax 916.372.6616 www.wr.r1iPk.com T South Tahoe Public Utility District Final and Secondary Effluent Pump Stations - WWTP Task Order Scope of Work Background The existing electrical power system at South Tahoe Public Utility District Waste Water Treatment Plant (WWTP) is operational and in fair condition. However the electrical system Single Line Diagram is not up-to-date due to the numerous field changes and WWTP modifications over time. This makes it very difficult for the maintenance staff to keep the electrical system safe, functional and reliable. The electrical power system at the WWTP is in the process of being modified and upgraded to support the installation of the new Final and Secondary Effluent Pump stations. The WWTP electrical Single Line Diagram was developed and updated to reflect changes required by the Final and Secondary Effluent Pump Stations project. Electrical System Modeling, Short Circuit & Protective Devices Coordination, and Arc Flash Study This effort covers field verification and updating of the existing electrical power system Single Line Diagram for the WWTP including changes that will be implemented to incorporate the Final and Secondary Effluent Pump Stations modifications. During our field data gathering trip, we will assess the condition of the existing major electrical equipment and components (manufacturer, rating -load canying and fault clearing, age, reliability of operations and remaining useful life). The data will be inputted into a computer program (SKM PowerTools) to develop a system model. The system model will be use to run a short circuit analysis (Dapper) program, an arc flash (ArcFlash) analysis program and protective device coordination (Captor) program. The short circuit program (Dapper) calculates the maximum available fault current values at the equipment due to a short circuit (insulation failure) in the system. This short circuit value will be compared to the nameplate rating of the equipment to determine if the equipment is capable of safely clearing the available fault current. If the equipment rating is lower than the available fault current, there is a very high probability that the equipment will fail with possible damage to property and injury to personnel. A sub-set of this program is the Load flow analysis that will identify equipment and cables that are either overloaded or could be overloaded during peak flow with possible system failure and damage. Performing the ArcFlash study for electrical systems is being recommended by the industry and by OSHA (Occupational Safety and Hazard Administration) to provide a safe working environment for the operations personnel. We anticipate that this requirement will become mandatory by 2008-2009. The ArcFlash program calculates the maximum energy that can be produced at the equipment if a fault were to occur when maintenance is being performed. The output of the ArcFlash program will be: Recommendation (Labels that can be applied to the equipment) for level of protective equipment that the maintenance personnel is required to wear when working on that equipment. This is to prevent/minimize injury to maintenance personnel. The protective device coordination (Captor) analysis, provides fuse type and sizes, circuit breaker trip and time delay setting between upstream and downstream devices such that in the event of a fault on the Scope of Work -1- -8- Rev. 3 9-25-07 7. Run SKM PowerTool Captor software to optimize the circuit breaker trip settings and time delays, fuse ratings and relay pick-up settings and ensure reliable operation of the electrical system. 8. Evaluate results of the protective device coordination analysis and develop recommendations and protective device rating, and pick-up settings. 9. Run SKM PowerTool Arc Flash analysis module to determine the maximum available arcing fault values generated at each equipment and equipment required for personnel protection during maintenance of the equipment. 10. Evaluate results of the Arc Flash analysis and prepare labels to identify the arc fault hazard classification and protective gear required for maintenance personnel when performing maintenance on electrical equipment. 11. Prepare draft report describing Methodology, equipment data, Program input and output, and recommendations. 12. Review draft report with District and incorporate comments. 13. Prepare and submit final report including Electrical Single Line Diagrams, Program model, input and output data and electronic copy of the complete program. W &K will perform the on-site investigative work to verify transformer sizes; electrical equipment ratings and settings; protective device model numbers, equipment ratings and settings; cable type, sizes and lengths; and duct bank schematics. At subtask initiation, the District will provide Winzler & Kelly the best available WWTP Single Line Diagrams. The District will provide staff to open equipment and assist with verifying existing equipment details. The schedule for the subtasks above, assuming a Notice-to-Proceed on October 5,2007, includes the following timeframes: a. On-site work and Subtasks 1 - 3 October 2007 - December 2007. b. Coordinate contractor submittals and Subtasks 4 - 11 January 2008 - April 2008. c. Subtasks 12 & 13 for Summary Report May 2008. . Deliverables: Summary Report with recommendations; input/outputs and field data; Updated Wastewater Treatment Plant electrical Single Line Diagrams; Electronic copy (CD-ROM) ofthe entire electrical system model. Scope of Work -3- -9- Rev. 3 9-25-07 W&K Task Order Budget (9-25-07) STPUD: Electrical System Modeling; Short Circuit Analysis; Arc Flash Analysis: and Protective Device Coordinatation Study. WINZLEFt & KELLY LABOR BY CLASSIFICATION FEE COMPUTATION ask Description PM $215 MR Proj Eng $175 MR Civil/Mech $140 /HR Struc/Arch $150 MR ElecJInst $145 MR Eng/Sci $115 MR CADD $115 MR WP/Clerk $70 MR Total W&K Hours W&K Office Consumables Total W&K Travel & Other Total Short Circuit, Arc Flash And Coordination Study 1 Site Visit to gather Data and Update Single Line Diagram 24 24 48 $288 $7,968 $850 $8,818 2 Develop 12-Icy and 480-Volt Model - Input Data 24 102 126 $756 $19,746 $19,746 3 Debug Model and Beta Test 12 24 36 $216 $5,796 $5,796 Subtotal 0 60 0 0 150 0 0 0 210 $1,260 $33,510 $850 $34,360 4 Coordinate With Contractor Supplied Shop Drawings 0 12 12 $72 $1,812 I $1,812 a 5 Perform Short Circuit Analysis 8 8 16 $96 $2,656 $2,656 1- I 6 Evaluate Results and Develop Recommendations 8 12 20 $120 $3,260 $3,260 1 7 Perform Coordination Study 8 16 24 $144 $3,864 $3,864 8 Evaluate Results and Develop Recommendations 8 12 20 $120 $3,260 $3,260 9 Perform Arc Flash Study 8 16 24 $144 $3,864 $3,864 10 Evaluate Restdts and Develop Rec.ommendations 8 12 20 $120 $3,260 $3,260 11 Prepare Draft Report 16 16 16 12 60 $360 $8,160 $8,160 12 Review Report with STPUD and receive Comments 2 12 12 26 $156 $4,426 $250 $4,676 13 Prepare Final Report 8 20 8 12 48 $288 $6,348 $6,348 Subtotal 2 84 0 0 136 0 24 24 270 $1,620 $40,910 $250 $41,160 TOTAL HOURS PER CLASSIFICATION: 2 144 0 0 286 0 24 24 480 $2,880 $74,420 $1,100 $75,520 TOTAL W&K LABOR COSTS PER CLASSIFICATION: $25,200 $0 $0 $41,470 $0 $2,760 $1,680 $2,880 $74,420 $1,100 $75,520 Rev. 3 9-25-07 GtnnI~ Ilcfwci It Mrit South Tahoe Public Utility District Dir~ ~ F.tl'I'dI ~~....Jon/lt; Ma~lou~ Duans W~ Eric 5cNflw I 1275 ~er.tDrlve. South Lake T.ahoe-CA 96150-7401 P11or\tt 5305+4-6474- Fax 530 541-0614- www.stpud.us BOARD AGENDA ITEM 4c _TO: FROM: Board of Directors Jim Hoggatt, Construction Manager/Engineer MEETING DATE: October 4, 2007 ITEM - PROJECT NAME: 2007 Glen Road and Gardner Mountain Waterline Replacement Project REQUESTED BOARD ACTION: Approve Change Order NO.1 to Marv Mcqueary Excavating Inc., in the amount of $156,232.62. DISCUSSION: The itemized parts of Change Order NO.1 are as follows: Part A, B & C, in the amount of $45,369.95, is for additional pot holing, standby and repairing existing water and sewer services that were not marked. This project was an in house design project and staff used the best information that was available. The water company the District obtained this area from did not have as-built drawings. Part D, in the amount of $5,376.42, is for the four (4) additional %-inch services that had to be installed after locating them in the field. Part E, in the amount of $10,555.00, is for the changes in the design of the water main in Cellador to eliminate conflicts with the City of South Lake Tahoe erosion control project. Part F and J, in the amount of $8,040.00, is for additional 1 and 2 inch water meters needed to be installed on Primrose Road. Part G, H and I are as follows: Item G, for a deduction in the amount of <-$174,210.00>. Items H and I, an increase in the amountof$261,101.25. These amounts are the results for changing the paving requirement from 1- 2.5 inch lift asphalt trench patch to 2 -11/2-inch thick asphalt trench patch. After the project was out to bid the City change the asphalt trench patch requirement, and staff did not get the changes in an addenda. Staff recommends approval of Change Order No.1. -11- Jim Hoggatt October 4, 2007 Page 2 SCHEDULE: As soon as possible COSTS: $156,232.62 ACCOUNT NO: 2029-8714/GLENWL & 2029-7065/GMWL07 BUDGETED AMOUNT REMAINING: $163,518, $113,174 ATTACHMENTS: Change Order No. 1 CONCURRENCE WITH REQUESTED ACTION: GENERAL MANAGER: YES~ NO CHIEF FINANCIAL OFFICER: YEs_RrY)C- NO CATEGORY: Water -12- CHANGE ORDER NUMBER No.1 Project GLEN ROAD AND GARDNER MOUNTAIN WATERLINES REPLACEMENT 2007 PROJECT Contractor MARV McQUEARY EXCAVATING. INC. Date OCTOBER 4. 2007 PO # P18885 The Contract Shall Be Changed As Follows: A) Total for 13 instances of standby, additional pot holing and repairing existing water services or sewer services that were not marked correctly or could not be located in the field forthe Glen Road Waterline portion of the project for the month of June 2007 only. Work was performed on time and material not to exceed $28,911.42. See Attachment "A", invoices 1 through 9 and 11 through 13, for a breakdown of all cost. TOTAL FOR ITEM A IS $28,911.42 S) Total for 6 instances of standby, additional pot holing and repairing existing water services or sewer services that were not marked correctly or could not be located in the field for the Glen Road Waterline portion of the project for the month of July 2007 only. Work was performed on time and material not to exceed $11,668.65. See Attachment "S", invoices 14&15, 17 through 19 and 21, for a breakdown of all cost. TOTAL FOR ITEM A IS $11,668.65 TOTAL FOR CHANGE ORDER NUMBER 11S A+B+C+D+E+F+G+H+I+J+=$156,232.62. Original Contract Previous Change Order Current Contract THIS CHANGE ORDER New Contract Total $1,274,638.00 $ $1,274,638.00 $ 156,232.62 $1,430,870.62 This Change Order constitutes full and mutual accord and satisfaction for all time and all costs related to this change. By acceptance of this Change Order the contractor agrees that the Change Order represents an equitable adjustment to the contract price and time, and further agrees to waive all right to file a claim arising out of or as a result of this change. Date: Authorized By STPUD Board President Date: Accepted By Contractor Date: Reviewed By -13- 1 C) Total for 4 instances of standby, additional pot holing and repairing existing water services or sewer services that was not marked correctly or could not be located in the field for the Glen Road Waterline portion of the project for the month of August 2007 only. Work was performed on time and material not to exceed $4,789.88. See Attachment "C", invoices 23 through 26, for a breakdown of all cost. TOTAL FOR ITEM A IS $4,789,88 D) Provide all material and labor to install a new %-inch water service per the project specifications including any additional pot holing that was required to locate them for 3649 Rocky Point, 1057 Glen Road, 1030 Chonokis Road, and 1033 Cellador Road. Work was performed on time and material not to exceed $5,376.42. See attachment "0", Invoices 10, 16, 20 &22, for breakdown of all cost. TOTAL FOR ITEM D IS $5,376,42 E) Provide all material and labor for the changes on Cellador from stations 14+00 to 18+82 and shown on the revised sheet P4R for a lump sum amount of $10,555.00. See attachment "E" for a breakdown of all cost. TOTAL FOR ITEM E IS $10,555.00 F) Provide all material and labor to install a 1" meter @ 3695 Primrose Road for a lump sum amount of $3,640.00. See attachment F for a breakdown of all cost. TOTAL FOR ITEM F IS $3,640.00 G) Delete Bid Items 26 and 51 "Provide and instaIl2.5-inches of trench pavement restoration" for a total deduction of <$174,210.00>. TOTAL FOR ITEM G IS <-$174,210.00> H) For Glen Road add "Provide and install 3 inches of trench pavement restoration" in two 1-1/2 inch lifts at $7.50 per square foot for 19,195.5 square feet which equals $143,966.25 increase. See attachment H for breakdown of cost. TOTAL FOR ITEM H IS $143,966,25 I) For Gardner Mountain add "Provide and install 3 inches of trench pavement restoration" in two 1- 1/2 inch lifts for $7.50 per Square foot for 15,618 square feet which equals $117,135.00 increase. See attachment H for breakdown of cost. TOTAL FOR ITEM lIS $117,135.00 J) Increase the bid quaintly for bid item 14 "Provide and install 2-inch meter" from 1 to 2 at the contract price of $4,400.00. TOTLAL FOR ITEM J IS $4,400.00 TOTAL FOR CHANGE ORDER NUMBER 11S A+B+C+D+E+F+G+H+I+J+=$156,232.62 -14- 2 '1,0:,. J; ,;;., :; :J;;lJ.:L) J " ;! !~:r-~,; ....~, -., . . '.... ~......, ~., , . ., ..J . , , "J,' Richard Solbrj~, General Manaier Eric W. Schafer, President BOARD MEMBERS Paul Sciuto, Assistant Manag;. James R. Jones, Vice President Duane Wallace, Director Mary Lou Mosbacher, Director Kathleen Farrell, Director REGULAR MEETING OF THE BOARD OF DIRECTORS SOUTH TAHOE PUBLIC UTILITY DISTRICT SEPTEMBER 6, 2007 MINUTES The Board of Directors of the South Tahoe Public Utility District met in a regular session, September 6, 2007, 2:00 P.M., District Office, 1275 Meadow Crest Drive, South Lake Tahoe, Ca. BOARD OF DIRECTORS: ROLL CALL President Schafer, Directors Wallace, Jones, Mosbacher. Director Farrell was absent. STAFF: Solbrig, Sharp, McFarlane, Hussmann, Coyner, Barnes, Brown, Curtis, Whalen, Henderson, Bergsohn, Eddy, Carrion, Hoggatt, R. Johnson, Ryan, Rasmussen, Thiel, Schrauben, T. Powers, Cocking, Attorney Herrema. GUESTS: Georg Krammer and Alyssa Uchimura/Koff and Associates, Ernie Claudio, John Runnels, Julie Threewit, Colin West, Scott and Marilyn Cook. Moved Mosbacher / Second Wallace / Farrell Absent / CONSENT CALENDAR Passed to approve the Consent Calendar as submitted: a. Bayview Well and South Upper Truckee Well No.3 Controls Building Design - Authorized increase to Purchase Order No. P16097 in the amount of $52,040 to complete the project and cover the costs of extra work items required to complete the permitting and engineering plans and specifications for the South Upper Truckee (SUT) Well No. 3 controls building and corrosion control treatment facility and performance of a noise mitigation study for the Bayview Well controls building; -15- REGULAR BOARD MEETING MINUTES - SEPTEMBER 6, 2007 PAGE. 2 b. Final/Secondary Effluent Pump Station - Approved proposal from Winzler & Kelly Consulting Engineers for services prior to and during the bid period, in the amount not to exceed $118,156; CONSENT CALENDAR (continued) c. Long-Term Disability Policy Renewal for Union Employees and Life Insurance Policy Renewal for all Employees and Board Members - Renewed the Union long-term disability policy and the District's life insurance policy with the new insurer, The Hartford, effective September 1, 2007; d. Resolution Adopting National Incident Management System - Adopted Resolution No. 2837-07 adopting the National Incident Management System; e. Portable Air Compressor-Underground Water Repair - Awarded bid to the lowest responsive, responsible bidder, Kaeser Compressors, Inc., in the amount of $11,902.11, plus tax and shipping; f. Carlson Water Main Extension - Authorized execution of a Water Main Extension Agreement and the upsizing of a water main extension in the amount of $11,971, with final terms subject to approval by staff and legal counsel; g. Temporary Help: Finance Department - Approved extending the contract with Accounting Temps, for a temporary employee through December 2007, in the amount not to exceed $25,000; h. South Tahoe Public Utility District Employees' Benefit Plan - (1) Increased self-insured medical plan from $1,200 per month per employee, to $1,600 per month per employee, effective July 1, 2007; and (2) Amend the Fiscal Year 2008 budget to reflect this increase; i. Approved Regular Board Meeting Minutes: July 19, 2007; j. Approved Regular Board Meeting Minutes: August 2, 2007; k. Regular Board Meeting Minutes: August 16, 2007. ITEMS FOR BOARD ACTION During Union negotiations, the Union and District agreed that a comprehensive compensation study should be performed, and salary adjustments made COMPENSATION STUDY FOR LOCAL 39 REPRESENTED EMPLOYEES -16- REGULAR BOARD MEETING MINUTES - SEPTEMBER 6, 2007 PAGE. 3 based on the study results to keep the District's salaries competitive with the labor market. (A salary survey for Union positions has not been done in the previous 20 years, if ever.) A Compensation Study Committee was formed consisting of Union represent- tatives, shop stewards, and managers. Koff and Associates was selected by the committee to conduct the study. The negotiated agreement between the District and the Union provides that salary adjustments due to the compensation study results would be spread out over the remaining term of the contract (three years). Those positions over market would be Y-rated, and only receive 50% of the Cost of Living Adjustment, until the market catches up to their current salary, or the end of the Contract Term, whichever occurs first. George Krammer, Koff and Associates, summarized the variables used in the process of determining benchmark positions to use as comparables. Moved Jones / Second Wallace / Farrell Absent / Passed to: (1) Accept and receive compensation study from Koff and Associates; and (2) Direct staff to implement study results in accordance with Memorandum of Under- standing provisions. On July 6, 2006, the Board authorized a mainline extension agreement with Tahoe Meadows Home- owners Association for installation of 15,000 feet of 6" water main for fire protection purposes, including 12 hydrants. In 2006 the waterline was installed along many streets, but the District has not accepted it because the association is having difficulties obtaining easements for the mainline extension. Many private wells within the association do not meet drinking water standards. In an effort to accommodate the association and allow homeowners to hook up to the District's water supply, a Facilities Use Term Sheet was drafted to define the conditions of use prior to the District accepting the waterline. (This will provide water service to customers through a pipeline that the District does not own, and bill those homeowners for the connections and individual water rates.) The agreement would cover any resident of Tahoe Meadow who wish to connect. Moved Jones / Second Mosbacher / Farrell Absent / Passed to: (1) Approve Facilities Use Term Sheet between Tahoe Meadows Homeowners Association and the District; and (2) Authorized Board President to execute the agreement. -17- COMPENSATION STUDY FOR LOCAL 38 REPRESENTED EMPLOYEES (continued) FACILITIES USE TERM SHEET BETWEEN TAHOE MEADOWS HOMEOWNERS ASSOCIATION AND THE DISTRICT REGULAR BOARD MEETING MINUTES - SEPTEMBER 6, 2007 PAGE - 4 Colin West, who lost his home to the Angora Fire, came before the Board to request undersized water- lines in the fire area be replaced to improve flows. He encouraged the Board to act now while there are no homes and there is unrestricted access to ease- ments to install upgraded lines. A lengthy discussion ensured re: what it would take to upsize the lines, pressures, costs, grants, FEMA reimbursement, pipe bursting expansion methods, flows to fire hydrants, fire department requirements for sprinklers in new construction, trenching, ease- ments, etc. Paul Sciuto stated staff would look at hydrants to see if there are other reasons for restricted flows. He stated it is likely that even with upgraded lines, pressures still would not be likely to meet fire department requirements. Director Wallace stated that the District is not required to provide the flows now required by the fire depart- ment, however the District understands the need and is doing everything it can. Legislators also understand the need for money, and the need to take immediate action. Paul Sciuto gave an update on the work done in the Angora Fire area: trees are being cleared, sewer and water connections have been capped, pavement re- placement in driveways is underway, tank coatings have been inspected. Twenty-five fire hydrants have been replaced. Repair of damage hydrants will begin soon. Approximately $596,000 has been expended to date. The District's insurance company will cover much of the damages. Moved Wallace / Second Mosbacher / Farrell Absent / Passed to determine it is necessary to continue the emergency actions taken under Resolution No. 2834-07. Moved Wallace/ Second Jones / Farrell Absent / Passed to approve payment in the amount of $2,724,097.94. Water and Wastewater Operations Committee: The committee met September 4. Minutes of the meeting are available upon request. Director Wallace reported the next meeting will be held September 12. Director Mosbacher reported that an Alpine County Supervisor expressed his satisfaction with the shared grant coordinator position. -18- CONSIDERATION OF NECESSITY OF EMERGENCY ACTION RE: ANGORA WILDFIRE PAYMENT OF CLAIMS BOARD MEMBER STANDING COMMITTEE REPORTS EL DORADO COUNTY WATER AGENCY PURVEYOR REPRESENTATIVE REPORT BOARD MEMBER REPORTS REGULAR BOARD MEETING MINUTES - SEPTEMBER 6, 2007 PAGE. 5 Director Jones thanked everyone for their concern during his recent surgery. Chief Financial Officer: Rhonda McFarlane reported pension plan contributions will end because the District joined CaIPERS. She will follow the process necessary to terminate the plan. District Information Officer: Dennis Cocking reported a letter was sent to Dianne Feinstein requesting appropriations to replace undersized waterlines. AB1260 (the "fix" for the Bighorn Bill) passed through the Assembly. 3:55 - 4:05 P.M. 4:20 P.M. BOARD MEMBER REPORTS (continued) STAFF REPORTS MEETING BREAK AND ADJOURN- MENT TO CLOSED SESSION RECONVENED TO REGULAR SESSION ACTION I REPORT ON ITEMS DISCUSSED DURING CLOSED SESSION No reportable Board action. No reportable Board action. 4:20 P.M. ATTEST: Kathy Sharp, Clerk of the Board South Tahoe Public Utility District -19- Pursuant to Government Code Section 54956.9(a)/Conference with Legal Counsel - Existing Litigation re: Meyers Landfill Site: United States of America vs. EI Dorado County and City of South Lake Tahoe and Third Party Defendants, Civil Action No. S-01-1520 LKK GGH, U.S. District Court for the Eastern District of Ca. Pursuant to Government Code Section 54956.9(a)/Conference with Legal Counsel - Existing Litigation re: Action Filed by Advanced Companies against Nicholas Construction, Inc., EI Dorado County Superior Court Case No. SC-2007-0042 . ADJOURNMENT Eric W. Schafer, Board President South Tahoe Public Utility District (~ MIIl"1Afl11iJt" ~H. SIlImt South Tahoe Public Utility District ~ ~n F,rrelI Jam_ R...IllM& ~ry Lou Moep..a- Du.-~ W.~ Eric; Schafer I 1275 MeadowCm5t Drive. South Lake Tahoe- CA 96150-7401 Phone 530544-6474. Fax 530 541..0014- www.etpud.us BOARD AGENDA ITEM 7a TO: Board of Directors FROM: MEETING DATE: Paul Sciuto, Assistant General Manager October 4, 2007 ITEM - PROJECT NAME: Consideration of Necessity of Emergency Action re: Angora Wildfire REQUESTED BOARD ACTION: Terminate emergency actions taken under Resolution 2834-07. DISCUSSION: On July 5,2007, the Board adopted Resolution 2834-07, in which it determined that an emergency condition existed, due to the Angora Wildfire, which would authorize an exception to the Public Contract Code's competitive bidding requirements. Through Resolution 2834-07, the Board delegated authority to the Assistant General Manager to order any action necessary to respond to the emergency condition. Public Contract Code section 22050(c) requires the governing body to review the emergency action at every regularly scheduled meeting thereafter until the action is terminated, to determine, by a four-fifths vote, that there is a need to continue the action. The actions requiring exception from the Public Contract Code's competitive bidding requirements have been completed. Staff asks that the Board terminate emergency action taken under Resolution 2834-07. SCHEDULE: COSTS: ACCOUNT NO: BUDGETED AMOUNT REMAINING: ATTACHMENTS: CONCURRENCE WITH REQUESTED ACTION: GENERAL MANAGER: YESjU...( CHIEF FINANCIAL OFFICER: YES~Y~ CATEGORY: Sewer & Water NO NO -21- PAYMENT OF CLAIMS FOR APPROVAL October 4, 2007 Payroll 9/26/07 Total Payroll BNY Western Trust Company FirstTier Administrators-health care pmts Hatch & Parent-legal services LaSalle Bank Total Vendor EFT Accounts Payable Checks-Sewer Fund Accounts Payable Checks-Water Fund Accounts Payable Checks-Self-funded Ins Accounts Payable Checks-Grant Fund Total Accounts Payable Grand Total Pavroll EFTs & Checks EFT EFT EFT CHK EFT EFT CHK EFT CHK CHK EFT CHK AFLAC Medical & Dependent Care CA Employment Taxes & W /H Federal Employment Taxes & W/H CalPERS Contributions John Hancock Pension Loan Pmts Great West Deferred Comp Stationary Engineers Union Dues United Way Contributions CA State Disbursement Unit CA State Franchise Tax Board Employee Direct Deposits Employee Paychecks Adjustments-prior period correction Total -23- 9/26/07 115.38 15,051.40 92,938.41 27,436.57 2,506.45 15,674.05 2,073.69 86.00 460.15 545.61 207,225.20 13,221.30 0.03 377,334.24 377,334.24 377,334.24 0.00 81,632.69 44,217.23 0.00 125,849.92 502,504.56 961,504.37 0.00 39,120.00 1,503,128.93 2,006,313.09 Vendor Name A -1 CHEMICAL INC A -1 CHEMICAL INC A -1 CHEMICAL INC ACCOUNTEMPS ACCOUNTEMPS ACE HARDWARE OF SO LAKE TAHOE ACE HARDWARE OF SO LAKE TAHOE ACE HARDWARE OF SO LAKE TAHOE ACTIVEWEAR & ARTS ACTIVEWEAR & ARTS ADAMS, MICHAEL iP AERVOE- PACIFIC ALPEN SIERRA COFFEE COMPANY ALSBURY, MARY ALSBURY, MARY ANGIE'S SIGNS ANGIE'S SIGNS ANGIE'S SIGNS ARAMARK UNIFORM SERVICES ASPEN HOLLOW NURSERY ASPEN HOLLOW NURSERY User: THERESA Report: OH_PMT_CLAIMS_V2 Department / Proi Name GEN & ADMIN GEN & ADMIN GEN & ADMIN FINANCE FINANCE GEN &ADMIN GEN & ADMIN HEAVY MAINT ADMINISTRATION ADMINISTRATION UNDERGROUND REP UNDERGROUND REP FINANCE INFORMATION SYS INFORMATION SYS EQUIPMENT REP EQUIPMENT REPAIR CUSTOMER SERVICE GEN & ADMIN GEN & ADMIN - REVEG DISTRICT ENGINEERING - REVEG DISTRICT PAYMENT OF CLAIMS Description SHOP SUPPLY INV JANIT /SUPPLY INV SUPPLIES CONTRACT SERVICE CONTRACT SERVICE SHOP SUPPLY INV SMALL TOOLS INV SHOP SUPPLIES INCNTV & RCGNTN INCNTV & RCGNTN TRAVEUMEETINGS PIPE /CVRS/MHLS OFC SUPPLY ISSUE TRAVEL/MEETINGS TRAVEUMEETINGS SHOP SUPPLIES SHOP SUPPLIES CONTRACT SERVICE UNIFORM PAYABLE CONST RETAINAGE REVEG PLANT GRND Page: 1 Acct# / Proi Code 1000 - 0421 1000 - 0422 1000 - 6520 Check Total: Amount Check Num Time 169.67 914.17 498.50 1,582.34 AP- 00067585 MW 1039 - 4405 1,134.00 2039 - 4405 1,134.00 Check Total: 2,268.00 AP -00067586 MW 1000 - 0421 69.59 1000 - 0423 35.23 1004 - 6071 155.42 Check Total: 260.24 AP -00067587 MW 1021 - 6621 2.25 2021 - 6621 2.25 Check Total: 4.50 AP -00067588 MW 1001 - 6200 254.14 Check Total: 254.14 AP- 00067589 MW 1001 - 6052 846.00 Check Total: 846.00 AP -00067590 MW 1039 - 6081 140.50 Check Total: 140.50 AP -00067591 MW 1037 - 6200 80.00 2037 - 6200 80.00 Check Total: 160.00 AP- 00067592 MW 1005 - 6071 989.95 2005 - 6071 980.77 2038 - 4405 30.00 Check Total: 2,000.72 AP -00067593 MW 1000 - 2518 1,296.49 Check Total: 1,296.49 AP -00067594 MW 2000 - 2605 - DSTVEG - 3,901.95 2029 - 8801 - DSTVEG 39,019.50 Check Total: 35 AP- 00067595 MW Current Date: 09/26/2007 Current Time: 16:43:15 PAYMENT OF CLAIMS Vendor Name Department / Proi Name Description Acct# / Proi Code Amount Check Num Din AT&T GEN & ADMIN SIGNAL CHARGES 1000 - 6320 32.96 Check Total: 32.96 AP- 00067597 MW AT&T/MCI GEN & ADMIN TELEPHONE 1000 - 6310 7.84 AT&T/MCI PUMPS TELEPHONE 1002 - 6310 17.84 AT&T /MCI OPERATIONS TELEPHONE 1006 - 6310 21.72 AT&T/MCI INFORMATION SYS TELEPHONE 1037 - 6310 82.82 AT&T/MCI GEN & ADMIN TELEPHONE 2000 - 6310 7.84 AT&T/MCI PUMPS TELEPHONE 2002 - 6310 17.84 AT&T/MCI INFORMATION SYS TELEPHONE 2037 - 6310 82.81 Check Total: 238.71 AP- 00067596 MW AVINA, FRANCISCO UNDERGROUND REP TRAVEL/MEETINGS 1001 - 6200 198.00 Check Total: 198.00 AP- 00067598 MW AWWA PUMPS DUES/MEMB /CERT 1002 - 6250 35.50 AWWA PUMPS DUES/MEMB /CERT 2002 - 6250 35.50 Check Total: 71.00 AP- 00067600 MW AW1y4 QUALSERVE ADMINISTRATION TRAVEL/MEETINGS 1021 - 6200 475.00 AWVVA QUALSERVE ADMINISTRATION TRAVEL/MEETINGS 2021 - 6200 475.00 Check Total: 950.00 AP- 00067599 MW BANK OF NEW YORK, THE FINANCE FISCAL AGENT FEE 2039 - 6730 2,120.00 Check Total: 2,120.00 AP- 00067601 MW BARNES, SHELLY CUSTOMER SERVICE - WTR CONS PROG WTR CONS EXPENSE 2038 - 6660 - WCPROG 52.38 Check Total: 52.38 AP- 00067602 MW BARTLE WELLS ASSOCIATES GEN & ADMIN - DEBT ISSUE 07 07 Def Debt Exp 1000 -1607 - DEBTO7 198.21 Check Total: 198.21 AP- 00067603 MW Beaman, Tim & Lynn CUSTOMER SERVICE - WTR CONS PROG WTR CONS EXPENSE 2038 - 6660 - WCPROG 1,600.00 Check Total: 1,600.00 AP- 00067604 MW BENTLY AGROWDYNAMICS OPERATIONS SLUDGE DISPOSAL 1006 - 6652 2,027.16 Check Total: 2,027.16 AP- 00067605 MW Sera, Debra CUSTOMER SERVICE - WTR CNSRV INCNT WTR CONS EXPENSE 2038 - 6660 - WCNCTV 250.00 Check Total: 250.00 AP- 00067606 MW BING MATERIALS UNDERGROUND REP PIPE /CVRS /MHLS 2001 - 6052 774.80 User: THERESA Page: 2 Current Date: 09/26/2007 Report: OH_PMT CLAIMS_V2 Current Time: 16:43:15 Vendor Name BLUE RIBBON TEMP PERSONNEL BLUE RIBBON TEMP PERSONNEL BOC GASES PGS BOYLE ENGINEERING CORP BRITTELL, DAVE CALIF EMPLOYMENT DEV DEPT CALIF EMPLOYMENT DEV DEPT CALIFORNIA OVERNIGHT CALIFORNIA OVERNIGHT N CALIFORNIA SURVEY CALIFORNIA SURVEY CAPPO Conference CAPPO Conference CARDINALE CARDINALE CDW - G CORP CDW - G CORP CDW - G CORP CDW - G CORP CDW - G CORP CDW - G CORP CDW - G CORP User: THERESA Report: OH_PMT_CLAIMS_V2 PAYMENT OF CLAIMS Department / Proi Name Description UNDERGROUND REP - ANGORA FIRE 07 G CONTRACT SERVICE UNDERGROUND REP - ANGORA FIRE 07 G CONTRACT SERVICE PUMPS LAB SUPPLIES ENGINEERING - SUT WELL REDRILL SUT WELL REDRILL CUSTOMER SERVICE - WTR CNSRV INCNI WTR CONS EXPENSE BOARD OF DIR UNEMPLOYMENT INS BOARD OF DIR UNEMPLOYMENT INS LABORATORY LABORATORY ENGINEERING - ANGORA FIRE 07 G MAPPING ENGINEERING - ANGORA FIRE 07 G MAPPING FINANCE FINANCE EQUIPMENT REP EQUIPMENT REPAIR UNDERGROUND REP ELECTRICAL SHOP EQUIPMENT REP OPERATIONS LABORATORY DIAMOND VLY RNCH ENGINEERING POSTAGE EXPENSES POSTAGE EXPENSES TRAVEUMEETINGS TRAVEUMEETINGS AUTOMOTIVE AUTOMOTIVE TELEPHONE TELEPHONE TELEPHONE TELEPHONE TELEPHONE TELEPHONE TELEPHONE Page: 3 Acct# / Proi Code Check Total: 1001 - 4405 - FANG07 2001 - 4405 - FANG07 Check Total: 2002 - 4760 2029 - 8463 - RWSUTR Check Total: 2038 - 6660 - WCNCTV Check Total: 1019 - 4303 2019 - 4303 1005 - 6011 2005 - 6011 1001 - 6310 1003 - 6310 1005 - 6310 1006 - 6310 1007 - 6310 1028 - 6310 1029 - 6310 Check Total: Check Total: Check Total: Current Date: 09/26/2007 Current Time: 16:43:15 Amount Check Num Type 774.80 AP -00067607 MW 1,827.10 1,827.10 3,654.20 AP -00067608 MW 111.23 111.23 AP- 00067609 MW 1,117.80 1 117.80 AP- 00067610 MW 250.00 250.00 AP -00067611 MW 243.00 243.00 Check Total: 486.00 AP- 00067612 MW 1007 -4810 5.50 2007 - 4810 39.50 Check Total: 45.00 AP -00067613 MW 1029 - 4420 - FANG07 629.30 2029 - 4420 - FANG07 629.30 Check Total: 1 258.60 AP -00067614 MW 1039 - 6200 247.50 2039 - 6200 247.50 495.00 AP -00067615 MW 5.68 5.68 11.36 AP- 00067616 MW 110.51 65.01 48.75 70.41 32.50 69.07 113.76 Vendor Name CDW - G CORP CDW - G CORP CDW - G CORP CDW - G CORP CDW - G CORP CDW - G CORP CDW - G CORP CENTER FOR HEARING HEALTH INC CENTER FOR HEARING HEALTH INC CHAVARRIA, TUCKER COBRAE, JOHN COLONIAL SCIENTIFIC COLONIAL SCIENTIFIC CONEXIS CONEXIS Coordt, Victoria CPN INTERNATIONAL INC. CREEK ENVIRONMENTAL LABS CREEK ENVIRONMENTAL LABS CREEK ENVIRONMENTAL LABS CREEK ENVIRONMENTAL LABS CREEK ENVIRONMENTAL LABS CREEK ENVIRONMENTAL LABS CREEK ENVIRONMENTAL LABS User: THERESA Report: OH_PMT_CLAIMS_ V2 Deoartment / Prot Name CUSTOMER SERVICE UNDERGROUND REP ELECTRICAL SHOP EQUIPMENT REPAIR LABORATORY ENGINEERING CUSTOMER SERVICE HUMAN RESOURCES HUMAN RESOURCES CUSTOMER SERVICE - WTR CNSRV INCN? WTR CONS EXPENSE GEN & ADMIN LABORATORY LABORATORY HUMAN RESOURCES HUMAN RESOURCES GEN & ADMIN ENGINEERING LABORATORY - LABORATORY - LABORATORY LABORATORY - LABORATORY - LABORATORY LABORATORY - ARHD3 TRTMT EXP DIESEL SPILL ARHD3 TRTMT EXP HERBST SOYCON PAYMENT OF CLAIMS Description TELEPHONE TELEPHONE TELEPHONE TELEPHONE TELEPHONE TELEPHONE TELEPHONE SAFETY /EQUIP /PHY SAFETY /EQUIP /PHY UB SUSPENSE LAB SUPPLIES LAB SUPPLIES CONTRACT SERVICE CONTRACT SERVICE UB SUSPENSE OFC EQUIP /REPAIR MONITORING MONITORING MONITORING MONITORING MONITORING MONITORING MONITORING Page: 4 Acct# / Pro( Code 1038 - 6310 2001 - 6310 2003 - 6310 2005 - 6310 2007 - 6310 2029 - 6310 2038 - 6310 1022 - 6075 2022 - 6075 Check Total: 2038 - 6660 - WCNCTV Check Total: 1000 - 2002 1007 - 4760 2007 - 4760 1022 - 4405 2022 - 4405 2000 - 2002 2029-6027 Check Total: Check Total: Check Total: Check Total: Check Total: Check Total: 1007 - 6110 - AH3EXP 1007 - 6110 - DSPILL 1007 - 6110 2007 - 6110 - AH3EXP 2007 - 6110 - HERBST 2007 - 6110 2007 - 6110 - SOYCON Current Date: 09/26/2007 Current Time: 16:43:15 Amount 88.04 273.54 70.41 51.47 36.56 120.53 81.22 231.78 AP -00067617 Mw 750.00 750.00 1,500.00 AP- 00067618 MW 250.00 250.00 AP -00067619 MW 800.00 800.00 AP- 00067620 MW 44.60 44.60 89.20 AP -00067621 M W 92.40 92.40 184.80 AP -00067622 MW 1,035.17 1,035.17 AP- 00067623 MW 36.40 36.40 AP- 00067624 MW 190.00 250.00 190.00 190.00 380.00 227.50 227.50 Check Num Vendor Name Department / Proi Name LABORATORY - TAHOE TOM CONTAM PAYMENT OF CLAIMS Description MONITORING Acct# / Proi Code Amount Check Num Tvoe 2007 - 6110 - TOMCON 455.00 Check Total: 2 110.00 AP -00067625 MW CURTIS & SONS, L.N. DIAMOND VLY RNCH GROUNDS & MNTC 1028 - 6042 1,152.07 Check Total: 1,152.07 AP- 00067626 M W CWEA UNDERGROUND REP DUES/MEMB /CERT 1001 - 6250 220.00 CWEA CUSTOMER SERVICE TRAVEUMEETINGS 1038 - 6200 55.00 CWEA ELECTRICAL SHOP DUES/MEMB /CERT 2003 - 6250 220.00 CWEA CUSTOMER SERVICE TRAVEUMEETINGS 2038 - 6200 55.00 Check Total: 550.00 AP -00067627 MW DAY - TIMERS INC. FINANCE OFFICE SUPPLIES 1039 - 4820 1.37 DAY - TIMERS INC. FINANCE OFFICE SUPPLIES 2039 - 4820 1.37 Check Total: _ 2.74 AP -00067628 MW DePaoli, Charles ENGINEERING MISC LIAB CLAIMS 2029 - 4520 100.00 Check Total: 100.00 AP -00067629 MW DICK'S FULLER - PUMPS BEECHER PS UPGR 1002 - 8630 2.59 ICci Check Total: 2.59 AP- 00067630 MW Dick, VRonald CUSTOMER SERVICE - WTR CNSRV INCNT WTR CONS EXPENSE 2038 - 6660 - WCNCTV 200.00 Check Total: 200.00 AP- 00067631 MW DIVERSIFIED CONCRETE CUTTING ENGINEERING - REVEG DISTRICT REVEG PLANT GRND 2029 - 8801 DSTVEG 338.63 Check Total: 338.63 AP- 00067632 MW DLT SOLUTIONS INC ENGINEERING OFFICE SUPPLIES 1029 - 4820 487.28 DLT SOLUTIONS INC ENGINEERING OFFICE SUPPLIES 2029 - 4820 487.28 Check Total: 974.56 AP- 00067633 MW DYER LAWRENCE PENROSE FLAHERTY ENGINEERING - DVR EIR DIAM VLY MP /EIR 1029 - 8725 - DVREIR 1,252.19 Check Total: 252.19 AP -00067634 MW E- FILLIATE CORP INFORMATION SYS DIST.COMP SPPLIS 1037 - 4840 121.63 E- FILLIATE CORP INFORMATION SYS DIST.COMP SPPLIS 2037 - 4840 121.71 Check Total: 243.34 AP- 00067635 MW EL DORADO COUNTY EQUIPMENT REP GEN SAN MOR SPS 1005 - 8815 70.00 Check Total: 70.00 AP- 00067584 MW ENTRIX INC ENGINEERING - SUT WELL REDRILL SUT WELL REDRILL 2029 - 8463 - RWSUTR 2,967.21 CREEK ENVIRONMENTAL LABS User: THERESA Page: 5 Report: OH_PMT_CLAIMS_V2 Current Date: 09/26/2007 Current Time: 16:43:15 PAYMENT OF CLAIMS Vendor Name Department / Proi Name Description Acct# / Prol Code Amount Check Num TLPe Check Total: 2,967 AP- 00067636 MW EQUIPCO LABORATORY LABORATORY EQUIP 1007 - 6025 414.59 EQUIPCO LABORATORY LABORATORY EQUIP 2007 - 6025 425.61 Check Total: 840.20 AP- 00067637 MW FARR WEST ENGINEERING INC HEAVY MAINT - DIESEL SPILL CONTRACT SERVICE 1004 - 4405 - DSPILL 4,508.80 Check Total: 4,508.80 AP- 00067638 MW FEDEX UNDERGROUND REP OFFICE SUPPLIES 1001 - 4820 9.61 Check Total: ______ 9.61 AP -00067639 MW FERGUSON ENTERPRISES INC. PUMPS SMALL TOOLS 1002 - 6073 30.97 FERGUSON ENTERPRISES INC. HEAVY MAINT FILTER EQ/BLDG 1004 - 6023 17.98 FERGUSON ENTERPRISES INC. HEAVY MAINT BUILDINGS 1004 - 6041 30.77 FERGUSON ENTERPRISES INC. UNDERGROUND REP PIPE /CVRS /MHLS 2001 - 6052 5,651.86 FERGUSON ENTERPRISES INC. UNDERGROUND REP SMALL TOOLS 2001 - 6073 11.40 FERGUSON ENTERPRISES INC. PUMPS WELLS 2002 - 6050 186.15 FERGUSON ENTERPRISES INC. PUMPS SMALL TOOLS 2002 - 6073 30.96 N Check Total: 5,960.09 AP- 00067640 MW FISHER SCIENTIFIC LABORATORY LAB SUPPLIES 1007 - 4760 287.64 FISHER SCIENTIFIC LABORATORY LAB SUPPLIES 2007 - 4760 347.91 Check Total: 635.55 AP- 00067641 MW FRIEDEL OFFICE MACHINES, SCOTT ENGINEERING OFC EQUIP /REPAIR 1029 - 6027 22.50 FRIEDEL OFFICE MACHINES, SCOTT ENGINEERING OFC EQUIP /REPAIR 2029 - 6027 22.50 Check Total: 45.00 AP -00067642 MW FRYE, WILLIAM INFORMATION SYS TRAVEL/MEETINGS 1037 - 6200 84.00 FRYE, WILLIAM INFORMATION SYS TRAVEL/MEETINGS 2037 - 6200 84.00 Check Total: 168.00 AP -00067643 MW FULLER CONSTRUCTION, RON PUMPS GROUNDS & MNTC 1002 - 6042 316.80 Check Total: 316.80 AP -00067644 M W GB GENERAL ENG CONTRACTOR INC UNDERGROUND REP - ANGORA FIRE 07 G PIPE /CVRS /MHLS 1001 - 6052 - FANG07 15,748.00 GB GENERAL ENG CONTRACTOR INC UNDERGROUND REP - ANGORA FIRE 07 G PIPE /CVRS /MHLS 2001 - 6052 - FANG07 15,748.00 Check Total: 31,496.00 AP -00067645 MW GFS CHEMICAL LABORATORY LAB SUPPLIES 1007 - 4760 76.15 GFS CHEMICAL LABORATORY LAB SUPPLIES 2007 - 4760 158.27 User: THERESA Page: 6 Current Date: 09/26/2007 Report: OH_PMT_CLAIMS_V2 Current Time: 16:43:15 Vendor Name Gigliotti, Lorenzo GRAINGER GRAINGER GRAINGER GRAINGER GRAINGER GRAINGER HACH - GLI Intemational HAEN CO INC, THOMAS HAEN CO INC, THOMAS HAEN CO INC, THOMAS HAEtICO INC, THOMAS 0 Hardy, Jaymi HAUGE BRUECK ASSOCIATES LLC Helvig, Paul HIGH SIERRA BUSINESS SYSTEMS HIGH SIERRA BUSINESS SYSTEMS HOLT OF CALIFORNIA HOLT OF CALIFORNIA HUGO BONDED LOCKSMITH HUGO BONDED LOCKSMITH HUGO BONDED LOCKSMITH User: THERESA Report: OH_PMT_C LAIMS_ V 2 Deoartment / Proi Name CUSTOMER SERVICE - WTR CNSRV INCNT WTR CONS EXPENSE PUMPS HEAVY MAINT HEAVY MAINT HEAVY MAINT HEAVY MAINT EQUIPMENT REP OPERATIONS GEN & ADMIN - LPPS SEISMIC UPG ENGINEERING - LPPS SEISMIC UPG GEN & ADMIN - SUT WELL REDRILL ENGINEERING - SUT WELL REDRILL CUSTOMER SERVICE -WTR CNSRV INCNT ENGINEERING - ICR TMDL CUSTOMER SERVICE - WTR CNSRV INCNT ADMINISTRATION ADMINISTRATION EQUIPMENT REP EQUIPMENT REPAIR OPERATIONS FINANCE FINANCE PAYMENT OF CLAIMS Descriatiorl PUMP STATIONS BUILDINGS SMALL TOOLS BIOSOL EQUPBLDG PUMP,CLARIFIER GENERATORS LABORATORY EQUIP CONST RETAINAGE LPPS IMPRVMNTS CONST RETAINAGE SUT WELL REDRILL WTR CONS EXPENSE O2SYS/TMDL,ICR WTR CONS EXPENSE SERVICE CONTRACT SERVICE CONTRACT AUTOMOTIVE AUTOMOTIVE OFFICE SUPPLIES OFFICE SUPPLIES OFFICE SUPPLIES Page: 7 Acct# / Proi Code Check Total: 2038 - 6660 - WCNCTV Check Total: 1002 - 6051 1004 - 6041 1004 - 6073 1004 - 6653 1004 - 7535 1005 -6013 1006-6025 Check Total: Check Total: 1000 - 2605 - LPSEIS 1029 - 8720 - LPSEIS 2000 - 2605 - RWSUTR 2029 - 8463 - RWSUTR Check Total: 2038 - 6660 - WCNCTV Check Total: 1029 - 8605 - ICTMDL Check Total: 2038 - 6660 - WCNCTV Check Total: 1021 - 6030 2021 - 6030 1005 - 6011 2005 - 6011 1006 - 4820 1039 - 4820 Check Total: Check Total: 2039 - 4820 7.52 Current Date: 09/26/2007 Current Time: 16:43:15 Amount Check Num Tyne 234.42 AP - 00067646 MW 250.00 250.00 AP - 00067647 MW 137.06 189.29 161.81 224.15 2,366.19 78.65 3.157.15 754.25 754.25 - 2,848.37 28,483.75 - 11,571.77 115,717.71 129 700.00 700.00 9,226.00 9,226.00 100.00 100.00 AP -00067648 AP- 00067649 AP- 00067650 AP- 00067651 AP -00067652 AP- 00067653 MW MW MW MW MW MW 295.58 295.59 591.17 AP - 00067654 MW 662.35 741.50 1403.85 AP 00067655 MW 16.16 7.51 Vendor Name INTERSTATE SAFETY & SUPPLY INTERSTATE SAFETY & SUPPLY IVES TRAINING GROUP IVES TRAINING GROUP J &L PRO KLEEN INC J &L PRO KLEEN INC Jackson, Larry & Debbie Jackson, Larry & Debbie Jackson, Larry & Debbie Jadmicek, Yvonne ka Joycd, Martin K.P. OF CA INC. KELLEY EROSION CONTROL INC Keliog, George KEMIRA WATER SOLUTIONS INC Kilbom, Nancy KOSCIOLEK, LINDA KOSCIOLEK, LINDA Department / Proi Name GEN & ADMIN GEN &ADMIN EQUIPMENT REP EQUIPMENT REPAIR FINANCE FINANCE GEN & ADMIN GEN & ADMIN GEN & ADMIN OPERATIONS EXPORT PIPELINE - B LINE REVEG UNDERGROUND REP OPERATIONS HUMAN RESOURCES HUMAN RESOURCES PAYMENT OF CLAIMS User: THERESA Page: 8 Report: OH_PMT_CLAIMS_V2 Description SHOP SUPPLY INV SAFETY INVENTORY SAFETY/EQUIP/PHY SAFETY/EQUIP /PHY JANITORIAL SERV JANITORIAL SERV UB SUSPENSE UB SUSPENSE METER SALE CUSTOMER SERVICE - WTR CNSRV INCNT WTR CONS EXPENSE CUSTOMER SERVICE - WTR CNSRV INCNT WTR CONS EXPENSE SLUDGE DISPOSAL BLINE REVEG MISC LIAB CLAIMS FILTER AID CHEMS CUSTOMER SERVICE - WTR CNSRV INCNT WTR CONS EXPENSE TRAVEL/MEETINGS TRAVEL/MEETINGS Acct# / Proi Code 1000 - 0421 1000 - 0425 Check Total: 1,055.23 AP -00067657 MW 1005 - 6075 205.69 2005 - 6075 192.87 Check Total: 398.56 AP -00067658 MW 1039 - 6074 1,603.50 2039 - 6074 1,603.50 Check Total: 3,207.00 AP- 00067659 MW 1000 - 2002 12,783.84 2000 - 2002 2,923.32 2000 - 3545 286.00 Check Total: 15,993.16 AP- 00067660 MW 2038 - 6660 - WCNCTV 250.00 Check Total: 250.00 AP -00067661 MW 2038 - 6660 - WCNCTV 250.00 Check Total: 250.00 AP- 00067662 MW 1006 - 6652 9098 - 8736 - BLNVEG Check Total: 2001-4520 1006 - 4730 Check Total: 2038 - 6660 - WCNCTV Check Total: 1022 - 6200 2022 - 6200 Check Total: Check Total: Check Total: Check Total: Current Date: 09/26/2007 Current Time: 16:43:15 Amount Check Num am 31.19 AP -00067656 MW 910.91 144.32 25.00 25.00 39,120.00 39,120.00 1,093.76 1,093.76 4,672.58 4,672.58 250.00 250.00 85.00 85.00 AP- 00067663 MW AP- 00067664 MW AP -00067665 MW AP -00067666 MW AP- 00067667 MW 170.00 AP- 00067668 MW Vendor Name LAKE TAHOE PLUMBING INC LONG, WES Magana, Mary MANGIARACINA, MARIO A MC FARLANE, RHONDA MC FARLANE, RHONDA MC MASTER CARR SUPPLY CO MC MASTER CARR SUPPLY CO MC FASTER CARR SUPPLY CO MC MASTER CARR SUPPLY CO MC MASTER CARR SUPPLY CO MC MASTER CARR SUPPLY CO McQUEARY EXCAVATING INC, MARV McQUEARY EXCAVATING INC, MARV McQUEARY EXCAVATING INC, MARV McQUEARY EXCAVATING INC, MARV MID MOUNTAIN COMMUNICATIONS MID MOUNTAIN COMMUNICATIONS MID MOUNTAIN COMMUNICATIONS MID MOUNTAIN COMMUNICATIONS MIERAS, DEAN User: THERESA Report: OH_PMT_CLAIMS_V2 Department / Proi Name UNDERGROUND REP - DIAMOND VLY RNCH CUSTOMER SERVICE OPERATIONS FINANCE FINANCE PUMPS PUMPS HEAVY MAINT HEAVY MAINT PUMPS PUMPS GEN & ADMIN - WTRLN, GLEN RD GEN & ADMIN - WTRLN,GRD MTN ENGINEERING - WTRLN,GRD MTN ENGINEERING - WTRLN, GLEN RD EQUIPMENT REP LABORATORY UNDERGROUND REP LABORATORY PAYMENT OF CLAIMS Description SIERRA I EROSION MISC LIAB CLAIMS TRAVEUMEETINGS - WTR CNSRV INCNT WTR CONS EXPENSE TRAVEUMEETINGS TRAVEUMEETINGS TRAVEUMEETINGS SHOP SUPPLIES BEECHER PS UPGR SECONDARY EQUIP GROUNDS & MNTC PUMP STATIONS SMALL TOOLS CONST RETAINAGE CONST RETAINAGE WTRLN, GARD MTN WTLN, GLEN RD REP TK 16 PUMPS RADIO - RPRS /RPLCM RADIO - RPRS /RPLCM RADIO - RPRS /RPLCM CUSTOMER SERVICE - WTR CONS PROG CONTRACT SERVICE Page: 9 Acct# / Proi Code 2001 - 4520 - ECSIER Check Total: 1028-6200 1006-6200 1039 - 6200 2039 - 6200 1002 - 6071 1002 - 8630 1004 - 6022 1004 - 6042 2002 - 6051 2002 - 6073 1005 - 8716 1007 - 6056 2001 - 6056 2007 - 6056 Check Total: 2038 - 6660 - WCNCTV Check Total: Check Total: Check Total: Check Total: 2000 - 2605 - GLENWL 2000 - 2605 - GMWL07 2029 - 7065 - GMWL07 2029 - 8714 - GLENWL Check Total: Check Total: 2038 - 4405 - WCPROG Check Total: Current Date: 09/26/2007 Current Time: 16:43:15 Amount Check Num 'RN 110.00 110.00 AP -00067670 MW 303.34 303.34 AP -00067671 MW 75.00 75.00 AP- 00067672 MW 144.00 144.00 AP -00067673 MW 22.00 22.00 44.00 AP- 00067674 MW 470.61 902.06 388.91 172.78 803.44 118.00 2855.80 AP -00067675 MW - 604.83 - 1,123.25 388,659.00 206,122.62 593,053.54 AP- 00067676 MW 594.70 56.25 141.81 56.25 849.01 AP- 00067677 MW 412.25 412.25 AP- 00067678 MW PAYMENT OF CLAIMS Vendor Name Department / Proi Name Description Acct# / Proi Code Amount Check Num Do MISAC INFORMATION SYS DUES /MEMB /CERT 1037 - 6250 80.00 MISAC INFORMATION SYS DUES /MEMB /CERT 2037 - 6250 80.00 Check Total: 160.00 AP- 00067679 MW MOTION INDUSTRIES INC PUMPS PUMP STATIONS 1002 - 6051 442.30 MOTION INDUSTRIES INC HEAVY MAINT SECONDARY EQUIP 1004 - 6022 381.16 Check Total: 823.46 AP -00067680 MW MUELLER, MARTY OPERATIONS TRAVEUMEETINGS 1006 - 6200 258.02 Check Total: 258.02 AP -00067681 MW NALCA NETWORKS DIO - PR EXP- EXTERNAL PUB RELATIONS 1027 - 6620 - PREEXT 44.18 NALCA NETWORKS DIO - PR EXP - EXTERNAL PUB RELATIONS 2027 - 6620 - PREEXT 44.18 Check Total: 88.36 AP -00067682 MW NEVADA APPEAL DIAMOND VLY RNCH SUBSCRIPTIONS 1028 - 4830 239.00 Check Total: 239.00 AP- 00067683 MW NIMTZ, THOMAS GEN & ADMIN UB SUSPENSE 2000 - 2002 1,956.00 NIMTZ, THOMAS GEN & ADMIN METER SALE 2000 - 3545 65.00 w Check Total: 2,021.00 AP -00067684 MW NUTRITION ACTION ADMINISTRATION SUBSCRIPTIONS 1021 - 4830 7.50 NUTRITION ACTION ADMINISTRATION SUBSCRIPTIONS 2021 - 4830 7.50 Check Total: 15.00 AP -00067685 MW 0 1 CORP LABORATORY LAB SUPPLIES 1007 - 4760 51.72 O I CORP LABORATORY LAB SUPPLIES 2007 - 4760 61.72 Check Total: 113.44 AP- 00067686 MW OFFICE MAX GEN & ADMIN OFFICE INVENTORY 1000 - 0428 209.21 OFFICE MAX FINANCE OFFICE SUPPLIES 1039 - 4820 31.55 OFFICE MAX ENGINEERING OFFICE SUPPLIES 2029 - 4820 16.25 OFFICE MAX FINANCE OFFICE SUPPLIES 2039 - 4820 31.58 Check Total: 288.59 AP -00067687 MW OROVILLE SAW & MOWER HEAVY MAINT NEW BRUSH HOG 1004 - 8891 2,714.22 Check Total: 2,714.22 AP -00067688 MW PENN VALLEY PUMP COMPANY INC. HEAVY MAINT SECONDARY EQUIP 1004.6022 1,350.60 Check Total: 1,350.60 AP- 00067689 MW PETTY CASH HEAVY MAINT TRAVEUMEETINGS 1004 - 6200 10.00 User: THERESA Page: 10 Current Date: 09/26/2007 Report: OH_PMT_CLAIMS_V2 Current Time: 16:43:15 Vendor Name PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PINKEL,MICHELE PINKEL,MICHELE w PINI4 L,MICHELE PINKEL,MICHELE PAYMENT OF CLAIMS Department / Proi Name Description Acct# / Proi Code Amon Check Num Type EQUIPMENT REP AUTOMOTIVE 1005 - 6011 20.00 OPERATIONS TRAVEUMEETINGS 1006 - 6200 90.00 HUMAN RESOURCES SUPPLIES 1022 - 6520 12.42 ENGINEERING - UPPER DRESSLER DRSSLR DTCH,UPR 1029 - 7062 - DRSSLR 26.97 INFORMATION SYS DIST.COMP SPPLIS 1037 - 4840 5.92 CUSTOMER SERVICE TRAVEUMEETINGS 1038 - 6200 2.26 FINANCE SUPPLIES 1039 - 6520 5.44 UNDERGROUND REP TRAVEUMEETINGS 2001 - 6200 36.00 EQUIPMENT REPAIR AUTOMOTIVE 2005 - 6011 20.00 HUMAN RESOURCES SUPPLIES 2022 - 6520 12.42 INFORMATION SYS DIST.COMP SPPLIS 2037 - 4840 5.91 CUSTOMER SERVICE TRAVEUMEETINGS 2038 - 6200 2.25 FINANCE SUPPLIES 2039 - 6520 5.43 Check Total: 255.02 AP- 00067690 MW ENGINEERING TRAVEUMEETINGS 1029 - 6200 90.00 ENGINEERING DUES/MEMB /CERT 1029 - 6250 148.50 ENGINEERING TRAVEUMEETINGS 2029 - 6200 90.00 ENGINEERING DUES/MEMB /CERT 2029 - 6250 148.50 Check Total: 477.00 AP -00067691 MW PIONEER AMERICAS LLC OPERATIONS HYPOCHLORITE 1006 - 4755 3,847.37 Check Total: 3,847.37 AP -00067692 MW POLYDYNE INC OPERATIONS POLYMER 1006 - 4720 8,921.70 Check Total: 8,921.70 AP- 00067693 MW PRAXAIR 174 HEAVY MAINT SHOP SUPPLIES 1004 - 6071 168.90 PRAXAIR 174 HEAVY MAINT SMALL TOOLS 1004 - 6073 383.19 PRAXAIR 174 UNDERGROUND REP SMALL TOOLS 2001 - 6073 72.08 PRAXAIR 174 UNDERGROUND REP SAFETY /EQUIP /PHY 2001 - 6075 20.97 Check Total: 645.14 AP- 00067694 MW PRIETO, ANTONIO UNDERGROUND REP TRAVEUMEETINGS 2001 - 6200 31.04 Check Total: 31.04 AP -00067695 MW RAVEN BIOLOGICAL LABS LABORATORY LAB SUPPLIES 1007 - 4760 82.50 RAVEN BIOLOGICAL LABS LABORATORY LAB SUPPLIES 2007 - 4760 117.58 User: THERESA Page: 11 Current Date: 09/26/2007 Report: OH_PMT_CLAIMS_V2 Current Time: 16:43:15 Vendor Name RICE, JOHN & KATHLEEN RICH'S SMALL ENGINE SERVICE RICH'S SMALL ENGINE SERVICE RING, REXANNE RIVERA, GEORGE M ROTO ROOTER SANITAIRE Schmidt, Alfred GEN & ADMIN I W u1 SETdN IDENTIFICATION PRODUCTS FINANCE SHERMAN, THERESA SHERMAN, THERESA SHIELDS HARPER & CO INC SIEMENS WATER TECHNOLOGIES SIEMENS WATER TECHNOLOGIES SIERRA CHEMICAL CO SIERRA CHEMICAL CO SIERRA CRANE AND HOIST INC SIERRA CRANE AND HOIST INC Department / Prof Name GEN & ADMIN - T &M CASH BRD UNDERGROUND REP DIAMOND VLY RNCH CUSTOMER SERVICE - WTR CNSRV INCNT WTR CONS EXPENSE OPERATIONS UNDERGROUND REP HEAVY MAINT FINANCE FINANCE HEAVY MAINT LABORATORY LABORATORY OPERATIONS PUMPS HEAVY MAINT HEAVY MAINT PAYMENT OF CLAIMS User: THERESA Page: 12 Report: OH_PMT Description MISC INCOME SMALL TOOLS GROUNDS & MNTC TRAVEL/MEETINGS MISC LIAB CLAIMS SECONDARY EQUIP UB SUSPENSE SUPPLIES TRAVEUMEETINGS TRAVELJMEETINGS GROUNDS & MNTC LAB SUPPLIES LAB SUPPLIES SODIUM HYDROXIDE HYPOCHLORITE MOBILE EQUIP BUILDINGS Acct# / Prof Code 2000 - 3540 - TMCB Check Total: 1001 - 6073 1028 - 6042 1006 - 6200 2001 - 4520 1004 - 6022 1000 - 2002 1039 - 6520 2038 - 6660 - WCNCTV Check Total: Check Total: Check Total: Check Total: Check Total: Check Total: 1039 - 6200 2039 - 6200 1004 - 6042 1007 - 4760 2007 - 4760 1006 - 4770 2002 - 4755 1004 - 6012 1004 - 6041 Check Total: Check Total: Check Total: Check Total: Check Total: Check Total: Current Date: 09/26/2007 Current Time: 16:43:15 Amount 200.08 AP -00067696 MW 1,500.00 1,500.00 AP- 00067697 MW 10.00 38.98 48.98 AP -00067698 MW 250.00 250.00 AP -00067699 MW 144.00 144.00 AP -00067700 MW 195.87 Check Num Tyne 195.87 AP -00067701 MW 3,954.43 3,954.43 AP -00067702 MW 222.04 222.04 AP -00067703 MW 156.72 156.72 AP -00067704 MW 22.00 22.00 44.00 AP- 00067705 MW 463.61 463.61 AP- 00067706 MW 123.75 123.75 247.50 AP- 00067707 MW 3,772.68 2,148.57 5,921.25 AP -00067708 MW 1,448.44 3,590.20 Vendor Name SIERRA PACIFIC POWER SIERRA PACIFIC POWER SIERRA PACIFIC POWER Sizemore, John SOUTH SHORE MOTORS SOUTHWEST GAS STANDARD INSURANCE COMPANY STANTEC CONSULTING INC STANTEC CONSULTING INC STARITEC CONSULTING INC rn STANTEC CONSULTING INC SUBSTITUTE PERSONNEL & SUBSTITUTE PERSONNEL & SUBSTITUTE PERSONNEL & SUBSTITUTE PERSONNEL & SUBSTITUTE PERSONNEL & SUBSTITUTE PERSONNEL & SUBSTITUTE PERSONNEL & SUBSTITUTE PERSONNEL & SUBSTITUTE PERSONNEL & SUNGARD BI -TECH INC. SUNGARD BI -TECH INC. T &S CONSTRUCTION CO INC User: THERESA Report: OH_PMT_CLAIMS_V2 Department / Proi Name GEN & ADMIN GEN & ADMIN GEN & ADMIN CUSTOMER SERVICE - WTR CNSRV INCNT WTR CONS EXPENSE EQUIPMENT REP GEN & ADMIN GEN & ADMIN UNDERGROUND REP - WTRLN,ROGER ENGINEERING - WTRLN,GRD MTN ENGINEERING - SUT WELL REDRILL ENGINEERING - WTRLN, GLEN RD UNDERGROUND REP LABORATORY ENGINEERING - ANGORA FIRE 07 G ENGINEERING - BMP RETROFIT UNDERGROUND REP LABORATORY ENGINEERING - ANGORA FIRE 07 G ENGINEERING - BMP RETROFIT CUSTOMER SERVICE - WTR CONS PROG FINANCE FINANCE PAYMENT OF CLAIMS Description ELECTRICITY ST LIGHTING EXP ELECTRICITY AUTOMOTIVE NATURAL GAS LNG TRM DIS,MGMT WTRLN EXT -ROGER WTRLN, GARD MTN SUT WELL REDRILL WTLN, GLEN RD CONTRACT SERVICE CONTRACT SERVICE CONTRACT SERVICE BMP PROJECTS CONTRACT SERVICE CONTRACT SERVICE CONTRACT SERVICE BMP PROJECTS CONTRACT SERVICE CONTRACT SERVICE CONTRACT SERVICE ENGINEERING - UPPER DRESSLER DRSSLR DTCH,UPR Page: 13 Acct# / Proi Code 1000 - 6330 1000 - 6740 2000 - 6330 1005 - 6011 1000 - 6350 1000 - 2531 Check Total: Check Total: 2038 - 6660 - WCNCTV Check Total: Check Total: Check Total: Check Total: 2001 - 7529 - ROGERW 2029 - 7065 - GMWL07 2029 - 8463 - RWSUTR 2029 - 8714 - GLENWL Check Total: 1001 - 4405 1007 - 4405 1029 - 4405 - FANG07 1029 - 8737 - BMPRET 2001 - 4405 2007 - 4405 2029 - 4405 - FANG07 2029 - 8745 - BMPRET 2038 - 4405 - WCPROG Check Total: 1039 - 4405 2039 - 4405 Check Total: Current Date: 09/26/2007 Current Time: 16:43:15 Am ount Check Num Inn 5,038.64 AP- 00067709 MW 94,610.86 8.67 64,824.95 159,444.48 AP- 00067710 MW 75.00 75.00 AP- 00067711 M W 20.32 20.32 AP- 00067712 MW 56.94 56.94 AP -00067713 MW 1,465.74 1,465.74 AP -00067714 M W 9,148.25 19,858.60 496.00 11,618.64 41,121.49 AP -00067715 MW 3,580.50 254.93 153.30 255.50 3,496.10 473.45 153.30 255.50 502.70 1029 - 7062 - DRSSLR 213,695.00 9,125.28 AP- 00067716 M W 225.00 225.00 450.00 AP- 00067717 MW Vendor Name TAHOE BLUEPRINT TAHOE PRINTING TAHOE PRINTING TAHOE PRINTING TAHOE PRINTING TAHOE PRINTING TAHOE PRINTING TAHOE PRINTING TAHOE PRINTING TAHOE PRINTING TAHOE PRINTING TAHOE SAND & GRAVEL i w TAHOE VALLEY ELECTRIC SUPPLY TAHOE VALLEY ELECTRIC SUPPLY TANKNOLOGY INC TRANE USA BLUE BOOK USA BLUE BOOK VERIZON VWR CORPORATION VWR CORPORATION WATER ENVIRONMENT FEDERATION User: THERESA Report: OH_PMT_CLAIMS_V2 Department / Proi Name UNDERGROUND REP GEN & ADMIN UNDERGROUND REP EQUIPMENT REP DIO ENGINEERING FINANCE EQUIPMENT REPAIR DIO ENGINEERING FINANCE HEAVY MAINT PUMPS PUMPS DIAMOND VLY RNCH HEAVY MAINT PUMPS PUMPS DIAMOND VLY RNCH LABORATORY LABORATORY UNDERGROUND REP PAYMENT OF CLAIMS Description PIPE /CVRS /MHLS OFFICE INVENTORY OFFICE SUPPLIES OFFICE SUPPLIES OFFICE SUPPLIES OFFICE SUPPLIES OFFICE SUPPLIES OFFICE SUPPLIES OFFICE SUPPLIES OFFICE SUPPLIES OFFICE SUPPLIES GROUNDS & MNTC SHOP SUPPLIES SHOP SUPPLIES GROUNDS & MNTC BIOSOL EQUP /BLDG BEECHER PS UPGR WELLS TELEPHONE LAB SUPPLIES LAB SUPPLIES DUES/MEMB /CERT Page: 14 Acct# / Proi Code Amount 213,695.00 1001 - 6052 1,134.49 1,134.49 AP- 00067719 MW 1000 - 0428 525.18 1001 - 4820 18.83 1005 - 4820 28.29 1027 - 4820 9.43 1029 - 4820 28.29 1039 - 4820 21.19 2005 - 4820 28.29 2027 - 4820 9.43 2029 - 4820 28.29 2039 - 4820 21.19 Check Total: 718.41 AP- 00067720 MW 1004 - 6042 510.00 Check Total: 510.00 AP- 00067721 MW 1002 - 6071 30.84 2002 - 6071 30.85 Check Total: 61.69 AP -00067722 MW 1028 - 6042 607.60 Check Total: 607.60 AP -00067723 MW 1004 - 6653 1,653.79 Check Total: 1.653.79 AP -00067724 MW 1002 - 8630 2,089.00 2002 - 6050 1,816.98 Check Total: 3,905.98 AP -00067725 MW 1028 - 6310 179.51 Check Total: 179.51 AP -00067726 MW 1007 - 4760 874.50 2007 - 4760 903.14 Check Total: 1 777.64 AP -00067727 MW 1001 - 6250 192.00 Check Total: Check Total: Current Date: 09/26/2007 Current Time: 16:43:15 Check Num Tvne AP- 00067718 MW Vendor Name WEBCAM CORPORATION WECO INDUSTRIES INC WESTERN ENERGETIX INC WESTERN ENERGETIX INC WESTERN NEVADA SUPPLY WESTERN NEVADA SUPPLY WESTERN NEVADA SUPPLY WESTERN NEVADA SUPPLY WESTERN NEVADA SUPPLY WESTERN NEVADA SUPPLY WESTERN TRUCK SCHOOL m WHITE ROCK CONSTRUCTION WHITE ROCK CONSTRUCTION WOOD EXCAVATING ZEE MEDICAL INC ZEE MEDICAL INC User: THERESA Report: OH_PMT_CLAIMS_V2 Department / Proi Name OPERATIONS - PLANT SCADA UNDERGROUND REP GEN & ADMIN EQUIPMENT REP UNDERGROUND REP HEAVY MAINT DIAMOND VLY RNCH UNDERGROUND REP UNDERGROUND REP CUSTOMER SERVICE UNDERGROUND REP UNDERGROUND REP PUMPS PUMPS PAYMENT OF CLAIMS Description PLNTSCADA SYSTEM PI PE/CVRS/MH LS GASOLINE INV OIL & LUBE SHOP SUPPLIES BIOSOL EQUP /BLDG GROUNDS & MNTC PIPE /CVRS /MHLS RADIO - RPRS/RPLCM WATER METERS TRAVEL/MEETINGS UNDERGROUND REP - ANGORA FIRE 07 G PIPE /CVRS /MHLS UNDERGROUND REP - ANGORA FIRE 07 G PIPE /CVRS /MHLS MISC LIAB CLAIMS SAFETY/EQU I P/PHY SAFETY/EQU I P/PHY Page: 15 Acct# / Proi Code 1006 - 8328 - PSCADA Check Total: 1001-6052 1000 - 0415 1005 - 4630 1001 - 6071 1004 - 6653 1028 - 6042 2001 - 6052 2001 - 6056 2038 - 6045 1001 - 6200 1001-4520 1002 - 6075 2002 - 6075 Check Total: Check Total: Check Total: Check Total: Check Total: 1001 - 6052 - FANG07 2001 - 6052 - FANG07 Check Total: Check Total: Current Date: 09/26/2007 Current Time: 16:43:15 un Check Num Tvoe 192.00 AP- 00067728 MW 671.20 671.20 AP- 00067729 MW 553.85 553.85 AP 00067730 MW 1,016.32 120.38 1,136.70 AP 00067731 MW 419.77 60.23 14.26 4,947.16 429.28 13,091.63 2,200.00 35,295.36 35,295.36 70,590.72 942.40 18,962.33 AP- 00067732 MW 2,200.00 AP- 00067733 MW AP- 00067734 MW 942.40 AP- 00067735 MW 31.38 31.38 Check Total: 62.76 AP- 00067736 MW Grand Total: 1,503,128.93 , (HMl"lIf ............ RkIl.llrt.t H. 90IIrrtt South Tahoe Public Utility District DiRrc;tor& ~F~ J_ Ii:. Jorw Marylou ~ D\ulrlll W~ Eric ScMfer I 1275 tvf6adow u.t DrfVB. South I...a1ke Tahoe- CA 9E)15C).-1401 Phoi'l6 530544-6414- Fax 530 541-D614.www.&'tpUd.u5 BOARD AGENDA ITEM 14a TO: Board of Directors FROM: Richard H. Solbrig, General Manager MEETING DATE: October 4,2007 ITEM - PROJECT: Conference with Legal Counsel- Existing Litigation REQUESTED BOARD ACTION: Direct staff. DISCUSSION: Pursuant to Section 54956.9(a) of the California Government Code, Closed Session may be held for conference with legal counsel regarding existing litigation: Meyers Landfill Site - United States of America vs. EI Dorado County and City of South Lake Tahoe and Third Party Defendants, Civil Action No. S-01-1520 LKK GGH, United States District Court for the Eastern District of California. SCHEDULE: COSTS: ACCOUNT NO: BUDGETED AMOUNT REMAINING: ATTACHMENTS: CONCURRENCE WITH REQUESTED ACTION: GENERAL MANAGER: YES-w'- NO CHIEF FINANCIAL OFFICER: YES-Rr~ NO CATEGORY: Sewer -39- Investment Review South Tahoe Public Utility District October 4, 2007 Presented by Nancy Jones PFM Asset Management LLC 50 California Street, Suite 2300 San Francisco, CA 94111 '. (415) 982 -5544 South Tahoe Public Utility District's Portfolio Portfolio Characteristics • The portfolio complies with the District's investment policy and the California Government Code. Market Value as of % of Permitted In Security Type September 21, 2007 Portfolio by Policy Compliance U.S. Treasuries $O 0% 100% Federal Agencies (non-callable) $20,776,300 52% 100% v' Federal Agencies (callable) $4,501,200 10% 25% i Commercial Paper $0 0' 25% i Corporate Notes $3,893,700 10% 30% i CAMP $6,250,800 16% 100% i LAIF $4,903,500 12% $40 million i Totals $40 100% PI- 1 WM WW WNW MINIF PRIF Notes: 1. As of September 21, 2007 CAMP 16% JP Morgan 2% Citigroup 2% Wells Fargo 3% GECC 3% FNMA 5 % Portfolio Characteristics continued The portfolio is well diversified by sector and issuer. LAI F 12% Issuer Distribution FHLMC 5% FFCB 20% FHLB 32% 2 Notes: 1. As of September 21, 2007 2. Ratings by Standard & Poor's Portfolio Characteristics continued • The portfolio has excellent credit quality. The portfolio consists of securities with ratings in Standard & Poor's two highest categories, excluding LAIF. LAIF (Not Rated) 12% AAAm 16% AA 7% Credit Quality AAA 65% P 3 Portfolio Characteristics continued 30% .2 25% 20% 0 - 15% a) c 10% U L a 5% • The portfolio emphasizes short -term investments to meet the District's anticipated cash -flow needs. 0% 16% 24% 27% Maturity Distribution 6% 5% 2% • LAIF ▪ CAMP • Portfolio 5% 2% Overnight 1 Day to 3 to 6 6 to 9 9 to 12 1 to 1 1 to 2 2 to 2 %/2 3 Months Months Months Months Years Years Years Effective Duration Yield at Cost 0.42 years 4.90% Notes: 1. As of September 21, 2007 2. Yield calculation excludes CAMP and LAIF. 3. Callable securities are included in the maturity distribution analysis to their stated maturity date, although they may be called prior to maturity. PUM 4 Sir VW NW Mr OW NW f/PAV IIPIP IIPP Mr VIP VIP PM wimp rim Inverted Yield Curve 5.2% 5.0% 4.8% 4.6% 4.0% U.S. Treasury Yield Curve September 30, 2006 versus March 31, 2007 3m 6m Source: Bloomberg 2yr 3yr 5yr Maturity 10yr P M 5 5.75% 5.25 % - 4.75 % - 4.25 % - 3.75% Corporate Note Purchases • PFM purchased $3.9 million corporate notes rated AAA and AA, yielding 5.02% to 5.15 %, when the spread to U.S. Treasuries was near the highest in over a year. 2 -Year Treasury Note vs. AA Corporate Note Yields September 1, 2006 — September 14, 2007 11/17/06: Spreads are narrowest at 0.41% * 2 -Year AA Corporate 2 -Year U.S. Treasury Sep Oct 06 06 Source: Bloomberg Nov Dec Jan Feb Mar Apr May Jun Jul Aug 06 06 07 07 07 07 07 07 07 07 6 Change in Sector Allocation • PFM has increased the diversification of the District's portfolio with the addition of more callable Federal Agency securities and corporate obligations. 100% 75% 50% 25% 0% September 30, 2006 September 21, 2007 , • LAIF ❑ CAMP ❑ Corporate Notes Federal Agencies (callable) ❑ Federal Agencies (non - callable) • U.S. Treasury WIWP PPP PPP PRP Mr Pr Wm PRIP PP PPP 1FIV 111PP Mr row NW IIINP 2007 Sewer System CIP Bonds • The District's 2007 sewer bond proceeds were invested in a diverse portfolio yielding 4.92%, 72 basis points more than the bond's arbitrage yield of 4.20%. • In anticipation of meeting a 2-year spending exception, the portfolio is expected to earn $50,000 of retainable positive arbitrage for the District. Market Value as of % of Security Type August 31, 2007 Portfolio Federal Agency Notes $5,740,800 67% Federal Agency Discount Notes $1,029,200 12% Commercial Paper $1,173,000 14% CAMP $580,700 7% Totals $8,523,700 100% PI-M 8 Wer Wor WV WM WV WV Wv /PIP WV WV WV! WIP WIV oVir Market Update Recent Interest Rates 5.25% 5.00% - 4.75 % 4.50% - 4.25% - 4.00% 3.75% • The yield of the 2 -Year U.S. Treasury Note declined as new economic data on housing, consumer spending, and inflation was released. 2 -Year U.S. Treasury Yields September 1, 2006 — September 28 2007 3.99% as of 9/28/07 I I I I I I I Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 06 06 06 06 07 07 07 07 07 07 07 07 07 Source: Bloomberg PEMt 9 Historical Interest Rates Source: Bloomberg 2 -Year U.S. Treasury Yields September 1997 — September 2007 Sep 07 IFtt 10 Recent Fed Action or or ow low rws sop torip yr imp • On August 17, the Federal Reserve Board of Governors made an inter - meeting 0.50% cut in the discount rate —the interest rate banks pay on loans received from their regional Federal Reserve Bank's. • On September 18, the Federal Reserve Open Market Committee (FOMC) cut the Federal Funds Target rate 0.50% to 4.75 %. • In conjunction with the FOMC's decision on September 18, the Federal Reserve Board of Governors also lowered the discount rate by another 0.50% from 5.75% to 5.25 %. • The FOMC's predominant concern shifted from inflationary to recessionary risk. In its statement, the Fed stated that "[the Committee] will act as needed to foster price stability and sustainable economic growth." • The Fed cut interest rates in order to forestall the tightening of credit conditions, which could potentially intensify the housing correction and restrain overall economic growth. U.S. Economy Rebounds in Second Quarter • Gross domestic product rose at a 4.0% annualized rate (advance estimate) in the second quarter based on strong exports and institutional spending. • As of early August, economists expected a median growth of 2.55% for the second half of the year, but the market now wonders if credit tightening will effect overall economic growth. 8% 7% 6% 5% 4% 3% 2% 1% 0% Source: Bloomberg Gross Domestic Product June 2002 — December 2007 2Q02 4Q02 2Q03 4Q03 2Q04 4Q04 2Q05 4Q05 2Q06 4Q06 2Q07 4Q07 PFM 12 Pm NW MVP WIN WINIP OPP NW WA MIP OPP EPP SSP WE EPP EPP OPP rir ppr Economist Inflation Concerns Ease • The core month-over-month CPI fell 0.1% in August, marking its first decline since October 2006. Core PPI rose 0.2% over July's reading. 3.50% 3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% -0.50% - 1.00% - 1.50% Aug 02 Year-Over-Year Inflation: Core PCE vs. Core CPI vs. Core PPI August 2002 — August 2007 Source: Bloomberg Aug 03 I Fed's Comfort Zone Aug 04 Aug 05 Core PCE Core CPI Core PPI Aug 06 Aug 07 • Consumer Price Index (CPI): The Consumer Price Index is a measure of the average price level of a fixed basket of goods and services purchased by consumers. Monthly changes in the CPI represent the rate of inflation. Core CPI excludes food and energy. • Producer Price Index (PPI): The Producer Price Index is a measure of the average price received by domestic producers of goods and services. Monthly changes in the PPI represent the rate of inflation. Core PPI excludes food and energy. • Personal Consumption Expenditures (PCE): Similar to CPI, PCE is a measure of inflation in the average price level of consumer products. PCE, however, is not a fixed basket of goods and services purchased by consumers. Rather, it allows for substitution of products based on current consumer purchasing patterns. Core PCE excludes food and energy. PF M 13 IMP WM BMW INOW MP ow rfir wow NM 11001 MOW /PIP IMP WI MP Miff fflifff Federal Funds Forecasts 5.75% 5.50% 5.25% 5.00% 4.75% - 4.50% 4.25% - 4.00% 3.75% - 3.50% 3.25% Sep 07 Source: Bloomberg Nov Jan 07 08 Federal Funds Forecasts and Meeting Dates as of September 2007 Mar May Jul 08 08 08 Sep Nov 08 08 Forecast Bear Sterns Barclays Capital/ Credit Suisse FB Goldman Sachs Merrill Lynch P" 14 IMP NW MP MOP MP IMP IIMP MP MP OOP IMP IMP MP IMP OOP NW MP 11111110 Federal Funds Forecasts 70 60 50 40 30 20 10 0 Lower Source: Bloomberg News Survey 2007 Year-End Federal Funds Forecasts as of September 2007 Same Higher PVM