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HomeMy WebLinkAbout02-14-2022529 M(C K OWMD MAR 14 2022 CITY CLERK Safety Moment Consent Agenda Contract for Repair of Fuel Control Valve rry 14, 2022 The Electric Plant Board of the City of Paducah, Kentucky d/b/a Paducah System ("PPS") held a regular Board Meeting on February 14, 2022, in the ence Room at the offices of Paducah Power System. The meeting was called to order at 12:00 p.m. by Vice -Chairman Mark fan who presided. Members of the Electric Plant Board present in addition to Workman were Hardy Roberts, Sandra Wilson, and Darryl Pea. PPS present were Dave Carroll, Rick Windhorst, Andrea Underwood, Doug Miller, Brian Thomasson and Sarah Durbin. David Snow (Paducah Plant Board attorney, Kent Price (McMurry & Livingston) also attended the Vice -Chairman Workman first called on Brian Thomasson who presented this Moment on "Heart Health Awareness" Member Wilson then offered a motion, seconded by Member Roberts, to the Consent Agenda which consisted ofthe following: (i) minutes of a regular of Electric Plant Board held on. January 10, 2022; (ii) policy regarding loans to PPS employees for heat pumps and home generators; (iii) Market -Based between the Electric Plant Board and GDP, LLC; (iv) Based Interruptible Service Agreement between Electric Plant Board and Blockchain Services, Inc.; and (v) Power Contract between Electric Plant and Amtrol, Inc. The motion was adopted unanimously with all members saying aye. The next item of business was a motion offered by Member Roberts and seconded by. Member Wilson that the Electric Plant Board approve the proposal of Governor Control Systems, LLC for repair of the Unit 2B fuel control valve at a cost of $23,725.00. Mr. Windhorst explained that anew fuel control valve would cost $40,688.00 and that PPS had previous good results from repairing such valves rather than replacing them. After discussion, the motion was adopted unanimously with all members saying aye. The next item of business was a motion offered by Member Pea and seconded by Member Wilson that the Electric Plant Board receive and file the re -appointment by the Mayor of the City of Paducah of Mak Workman as a member of the Electric 530 ebruary14, 2022 Kant Board for term expiring on February 6, 2026, which re -appointment was Re -Appointment of Mark hereafter approved by the Paducah City Commission. The motion was adopted Workman to Electric Plant nanimously with all members saying aye. Kent Price noted that Mr. Workman has Board ubmitted a signed and duly -sworn oath of office. Vice -Chairman Workman then called on Doug Handley, the PPS Director of inance, Power Supply and Rates, who gave a brief update on conditions in the power Power Market market. Mr. Handley presented a comparison of market prices at the Prairie State and Update LGEE nodes over the past several years and explained how the recent increases in prices at both nodes affect Paducah Power System's operations and finances. He discussed how transmission congestion affects the delivered price of Prairie State power and the measures relied on by PPS to manage the congestion. Mr. Handley also reported on recent generation by the PPS peaking plant and how rising prices in the electric power market impacts utilization of the peaking plant by PPS. The next item of business was a motion offered by Member Wilson and seconded by Member Roberts that the Electric PlantBoard enter into executive session for a discussion of matters pertaining to a specific proposal by a business entity where Execrative Session public discussion of the subject matterwould jeopardize the location, retention, expansion or upgrading of a business entity, as permitted by KRS 61.510(1)(g). The motion was adopted unanimously with all members saying aye, afterwhich all persons vacated the meeting room other than the Board members, Andrea Underwood, Rick Windhorst, Doug Handley and Kent Price. Adjournment Member Wilson then offered a motion seconded by Member Pea that the Electric Plant Board return from execution session into open session. After unanimous approval of the motion, Member Wilson offered a motion, seconded by Member Pea, that the meeting be adjourned. The motion was adopted with all members saying aye, whereupon the meeting was adjourned. CHAIRMAN ATTESTED BY: //