WANAQUE BOROUGH
SEWERAGE AUTHORITY
Regular Meeting
July 17, 2007
The regular
meeting of the Wanaque Borough Sewerage Authority was held on July 17, 2007 at
Chairman Bolduc presided and read the following Sunshine
Statement:
“Adequate notice of this meeting has been provided by
mailing notice of this meeting to the Trends and Herald & News newspapers
on June 22, 2007, stating therein that this meeting would be held at
ROLL CALL:
On roll call, the
following commissioners responded:
Bolduc
DiMeglio
Reuter
Cmsr. Frank Covelli was absent.
Professionals Present:
Charles Ferraioli, CPA
Jeffrey M. Kassover, Esq.
William J. Kelly,
Penny Schlagel, Office Manager
MINUTES:
The regular
meeting minutes of June 12, 2007 were presented. There were no corrections or deletions.
Cmsr. Reuter moved for the approval of the above-mentioned
minutes, seconded by Cmsr. Garland.
On roll call, all voted yes, and the chairman declared this
resolution adopted.
PUBLIC DISCUSSION:
1. Dave DaSilva
Mr. DaSilva asked the board if they knew if the regional
passed a resolution to dissolve the odor control fee?
Chairman Bolduc stated the regional did pass a resolution
to suspend the charge, but the last clause of the resolution states that the
regional does have the right to resume the collection of this fee in the event
the odor control expenses exceeds the revenue that they will be receiving from
another source.
Mr. DaSilva asked if he could please have a copy of it.
Mrs. Schlagel stated that she would give Mr. DaSilva a
copy.
Mr. DaSilva then asked if the regional will now no longer
bill the local authority?
Chairman Bolduc replied that the regional has another
source of income that they will no longer bill the local for now, but at
anytime they can, should the odor control cost exceed the anticipated revenue.
Mr. DaSilva then asked if the local authority is raising
any of their fees to offset the odor control costs?
Chairman Bolduc replied that if the local authority votes
tonight to suspend the fee, the lost revenue will be more than made up from the
additional revenue that will be generated by a charge that the regional is
imposing on their truck haulers.
Mr. DaSilva stated that a special account was created for
odor control funds only. Have these
funds been transferred to the regional?
Mrs. Schlagel replied no.
Mr. DaSilva stated that he just wants to make sure that six
months from now the sewer rate does not goes up to offset this cost.
Chairman Bolduc replied that one issue has nothing to do
with the other.
2. Ted Roberto
8101
Mr. Robert stated that he had attended the regional meeting
last night. He cannot understand why the
fee was not just entirely eliminated. As
a matter of fact one of the regional commissioners did not like the way the
resolution was written.
Mr. Kassover stated that the billing is generated from the
local authority not the regional.
Therefore, they do not have the power to stop the billing. This Authority will be voting on this matter
later tonight.
Since no one else from the meeting entered any public
discussion, the Chairman closed this portion of the meeting.
6. COMMUNICATIONS:
1. Ltr. from the DEP
Re:
Receive &
File
7. NEW BUSINESS:
1. 2007 Sewer Rate Survey
Mrs. Schlagel stated that Cmsr. Reuter had asked that this
survey be updated at our last meeting.
Mr. Ferraioli stated that he has reviewed this list. The higher the sewer rate, the newer the
plant is.
8. UNFINISHED BUSINESS:
1. $60.00 Odor Control Charge
Chairman Bolduc stated that everyone has received a copy of
the Resolution that was passed by the Regional Authority.
The 3rd paragraph
which states: “the Borough and the Local Authority have requested the Regional
Authority to consider reducing its service charges, and fund such odor control
and related expenses through an alternate source of revenue.” Chrm. Bolduc stated that he put on the record
at the regional meeting that on behalf of the Local Authority they have never
taken a position on this matter, and have never requested anything. The Regional has only suspended the odor
control charge to the Local Authority due to another avenue of revenue. Therefore, this Authority should follow it
as of August 1, 2007 to only suspend this charge.
Cmsr. Garland asked what would happen if the haulers
decided to go somewhere else due to the rate increase.
Chairman Bolduc replied that a study was done to see how
much the haulers are charged. Based upon
this study, they should not be going anywhere with the rate increase. If it did happen, we would have no choice but
to reverse the $15.00 charges again.
Cmsr. DiMeglio moved a Resolution to suspend the $15.00
quarterly
surcharge that is presently
be billed to the Wanaque Reserve residents as of August 1, 2007 due to the
increase of revenue at the Wanaque Valley Regional Sewerage Authority. A formal
resolution will be drafted for the next regular meeting, seconded by Cmsr.
Reuter.
On roll call all voted yes and the Chairman declared this
Resolution adopted.
9. PROFESSIONAL/COMMITTEE REPORTS:
1. William J. Kelly,
a. Whistler Place-Sewer Construction
Mr. Kelly stated that the
b. Valley View at
Wanaque: (candle factory property)
Mr. Kelly stated that construction is beginning, as all
approvals have been obtained.
c.
Mr. Kelly stated that this project is now complete. The final invoice has been submitted to us
for payment and it is now recommended that they be paid.
d. Future Project
Costs:
Mr. Kelly stated that he has received a revised cost
estimate from Greg White. It is up now
an additional $40,000.00.
Mr. Ferraioli stated that this estimate must tie into
Boswell’s report that was given last night at the regional meeting.
Mr. Kelly replied that he had no idea.
It was then recommended by the Chairman that Mrs. Schlagel
obtain a copy of Boswell’s report and forward it to Mr. Kelly for his review.
2. Jeffrey M.
Kassover, Esq.
a.
Mr. Kassover stated that all of the easements have been
obtained for this project. Mr. and Mrs.
Montague were extremely cooperative. Mr.
Kelly met with them to go over everything.
The permanent easement is now in the process of being recorded.
3. Charles
Ferraioli, CPA
a. Bonds:
Mr. Ferraioli then passed out a sheet of Total Issue
Sources and Uses and a New Debt Service Schedule. (See attached) There would be
a total issuance of bonds of $5,818,209.05.
Out of this money, $2,897,000. is
for new construction projects. $2,915,000. would be to refund $2,760,000. of
outstanding bonds at a higher interest rate.
The bottom line is that the Authority can now do new construction yet
keep the debt service the same.
We will now need
authorization for the professionals to speak to Mr. Beinfield as some projects
are local and some are regional. Will both authorities issue bonds at the same
time to save money, or one Authority issues the bonds?
Cmsr. Reuter moved a Resolution authorizing Charles
Ferraioli, Jeffrey M. Kassover, and Dick Miller to proceed with discussions
with Bob Beinfield with regard to bonding procedures, seconded by Cmsr.
Garland.
On roll call all voted yes and the Chairman declared this
Resolution adopted.
10. FINANCIAL REPORT:
Cmsr. Garland
moved a resolution to approve the following bills for payment when the funds of
the Authority are sufficient to meet them.
Voucher 93 through 107 $126,094.77
Auto Debit (health)
Payroll & Processing 4,687.60
___________
$131,592.37
RESOLUTION
RESOLUTION REQUESTING FROM
THE REVENUE FUND TO THE OPERATING FUND BY THE WANAQUE BOROUGH SEWERAGE
AUTHORITY PURSUANT TO THE SECTION OF THE BOND RESOLUTION ENTITLED “RESOLUTION”
PROVIDES FOR THE ISSUANCE OF BONDS OF THE WANAQUE BOROUGH SEWERAGE AUTHORITY IN
OCTOBER 1987 AS AMENDED OR SUPPLEMENTED THEREAFTER.
1. The Authority
hereby makes requisition to the Trustee for funds from the Revenue Fund
established under a Resolution to be transferred to the credit of a special
account in the name of the Authority to be paid to the persons, firms or
corporations in the amount of $131,592.37 and for the purposes setforth herein
on the attached “Exhibit A”.
a. The Authority has
incurred the obligations in the stated amounts and that each item thereof was
properly incurred in the operating and maintaining the system and has not been
paid.
b. There has not
been filed with or served upon the corporation named in such requisitions, or
if any such lien, attachment or claim has been
released and discharged by
the Authority.
On roll call, all voted yes, and the Chairman declared this
Resolution adopted.
ADJOURNMENT:
Cmsr. DiMeglio
moved for the adjournment of this meeting, seconded by Cmsr. Garland.
On roll call, all voted yes, and the Chairman declared this
Resolution adopted.
_________________________________
Andrew R. Bolduc, Chairman