January 31, 2024
The Sanborn Electric and Telecommunications Board met in regular session Wednesday,
January 31, 2024, at 12:00 p.m. at Sanborn City Hall. Board members present: Jeff Kuehl, Rick Maranell, and Josh Rydberg. Board members absent: None. Others present: Jim Zeutenhorst.
Motion Maranell, seconded by Kuehl to adopt the agenda. Motion carried 3-0.
Motion Maranell, seconded by Kuehl to approve the minutes of the December 27, 2023,
Board Meeting. Motion carried 3-0.
Motion Kuehl, seconded by Maranell to approve the following bills for payment:
Motion carried 3-0.
Bill List – Sanborn Municipal Light Plant
Meeting Date – January 31, 2024
GENERAL FUND:
610 Depot Plant maint. $125.79
City of Sanborn City Hall bills split for December 2023 $5,102.97
City of Sanborn Transportation expense – diesel purchases
$1,306.53
D.A. Davidson & Co Filing of Annual Disclosure to EMMA $1,000.00
EFTPS – 941 FICA, Medicare & Federal taxes $9,734.66
H & N Chevrolet Vehicle maint.
$105.33
Iowa Department of Revenue Sales Tax for December 2023 $7,145.68
Iowa Department of Revenue State Withholding – 4th Quarter 2023
$3,210.81
Iowa State Bank H.S.A. contrib. by employees $300.00
IPERS December 2023 wages
$3,939.59
IRBY Inventory – street light poles
$10,842.00
Marcus News Meeting publications
$64.17
Massy Brothers Construction Distribution maint. – concrete replacement $2,658.79
Missouri River Energy Purchased power $103,122.27
Sanborn Building Center Plant maint. $4.06
Sanborn Daycare Donation
$425.00
Sanborn Municipal Utilities Utilities – warehouse, plant, substation
$1,401.56
Sanborn Savings Bank H.S.A. Contrib. by employees $926.92
The Community Agency Phone/Internet/Cable $280.14
VISA Plant maint., uniform expense, safety, office supplies $941.49
WAPA Purchased power
$27,444.96
$180,082.72
MISC.
Meter Deposit Refunds
$0.00
EMPLOYEE BENEFIT FUND:
Aflac Aflac – December payroll deductions $86.28
Delta Dental Dental Ins. February coverage $110.04
Equitable Financial Life Insurance
Life/AD&D, LTD/STD – February 2024 coverage $122.59
Iowa State Bank HSA Contrib. initial & for Jan. $1,300.00
Sanborn Savings Bank HSA Contrib. initial & for Jan. $2,817.00
Wellmark Health Ins. February 2024 coverage $4,885.06
$9,320.97
Checks issued prior to meeting.
TOTAL ALL FUNDS:
$189,403.69
Month Ending December 2023:
Revenue: $228,956.52
Expense: $206,792.41
Motion Kuehl, seconded by Rydberg to approve the following December 2023 reports:
Financial Report, Purchased Power Report, and Sales and Revenue Report. Motion carried 3-0.
Maranell introduced RESOLUTION #2024-01 “A RESOLUTION NAMING THE OFFICIAL CITY NEWSPAPER, OFFICIAL CITY DEPOSITORIES, AND DIRECTING PAYMENT OF CERTAIN RECURRING BILLS FOR THE SANBORN ELECTRIC AND TELECOMMUNICATION UTILITY,” and moved the same be adopted. Seconded by Kuehl and upon the roll being called, the following named members of the board voted:
AYES: Kuehl, Maranell
NAYES: None
ABSTAIN: Rydberg
Motion Carried: 2-0
Motion Kuehl, seconded by Rydeberg to approve the General Manager signing the Electric Facilities Construction and Reimbursement Agreement between Sanborn Electric and Telecommunication Utility and NIPCO. Motion carried 3-0.
There being no further business, motion Maranell, seconded by Kuehl to adjourn at 1:00 p.m.
Motion carried 3-0.
The next regular meeting of the Board is scheduled for Wednesday, February 28th at 12:00 noon at Sanborn City Hall.
Josh Rydberg, President of Board
Prepared by Michelle Vos, Utility Clerk