NIWOT SANITATION DISTRICT MINUTES

(Exerpts)

February 12, 2001

The following directors were present:

Mike Holubec

Bob Jones

Jim Martinsen

Gayle Packard-Seeburger, manager

ACTION ITEMS:

Commissioner Stewart. Mr. Stewart was present to discuss the County’s Open Space program with emphasis on the Transfer of Development Rights Program. Mr. Stewart discussed with the Board how many exist, their ownership and more recent updates. TDRs within Niwot were discussed at length. Costs of the rights were discussed and the possibility of receiving credit for maintaining water on land from where rights were purchased. This may affect the District and the Manager will look into it further. The Manager will also contact Mr. Billingsly [Land Use Director] and obtain copy of the conservation easement on the former Tieffel property now owned by the District.

Sherman & Howard Engagement Letter. A motion by Bob Jones, second by Jim Martinsen to approve the Sherman & Howard Engagement Letter in order to retain the firm as Bond Counsel passed unanimously.

Resolution 2001-3, a resolution approving the loan documents from the Colorado Water Resources and Power Development Authority and enabling the District to borrow $1,000,000 from the Authority, passed unanimously.

Plant Remediation. Staff reported that the majority of work is mobilization/coordination/submittal review. Pond three is in the process of being emptied so that an embankment can be constructed, and work on the clarifier commenced.