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<br />~ <br /> <br />T(lESDAY <br /> <br />NOVEMBER 13. 1956 <br /> <br />Street Substation. We are recommending that the following be <br />considered for the next three to four years planned expansion: <br /> <br />(a) Plan to replace the present 3000 KVS, 4000-volt sub- <br />stetion on Spruce Street with a 6000 KVA, 12,OOO-volt sub- <br />station in 1960 or 1961. Then locate the 3000 KVA station <br />now at Spruce Street in another area depending upon where the <br />load requires it. <br /> <br />(b) Begin immediately in the area to be served by the 12,000- <br />volt station whenever an extension or a rebuild is required <br />to insulate and construct the lines for 12,000-volt <br />operation. While this will increase the investment some <br />5% to 7% now above 4000-volt construction costs, the over- <br />all savings will amount to a very sizeable figure when <br />the area is converted to 12,000 volts. <br /> <br />m:iii <br />Ii <br /> <br />(c) In order to accomplish sections (a) and (b) above it will <br />be necessary to start with the 1958-59 budget and lay <br />aside $85,000.00 per budget year through 1960-61 budget <br />which will build up an expansion fund of $255,000.00. <br />However if the load continues at the present rate of <br />increase we will still require a minL~um of $75,000.00 <br />per year for the next three years, after 1960-61, in <br />order to maintain capacity for load requirements only <br />without any reserve capacity. It should be pointed out <br />also that a reserve fund is generally considered to be <br />good practice to take care of unexpected emergencies <br />and that the figures mentioned above will not allow for <br />this contingency. <br /> <br />By a recorded vote, which was unanimous, Council appropriated from anticipated <br /> <br />excess General Fund tax revenues the immediately-needed sum of $5,114.00 in <br /> <br />accordance with recommended "Step 1" and, further, agreed to consider after <br /> <br />bids have been received the question of allocating reCOMmended funds in <br /> <br />next year's budget. <br /> <br />City Manager Hirst then presented a written report accompanying summary <br /> <br />figures covering the City's financial operation for the quarter ended <br /> <br />September 30, 1956. <br /> <br />Council was advised that application forms have been received from the State <br /> <br />Water Control Board by which, under conditions, the City may apply and might <br />