HomeMy WebLinkAbout09.06.2023.telecommunications minutesTELECOMMUNICATIONS UTILITY
BOARD OF TRUSTEES
Harold E. Getty Council Chambers
City Hall
September 6, 2023
4:00 p.m.
Members present: Kurtenbach, Young, and Wienands. Mr. Batemon arrived at 4:04 p.m.
Absent: Van Fleet.
Approval of Agenda.
Moved by Kurtenbach seconded by Wienands that the Agenda, as proposed, be approved. Voice -
vote Ayes: Three. Motion carried.
Approval of Minutes.
Moved by Kurtenbach seconded by Wienands that the minutes of August 30, 2023, as proposed,
be approved. Voice -vote Ayes: Three. Motion carried.
Resolution authorizing the issuance of $2,000,000 taxable communications utility revenue capital
loan notes anticipation project note, Series 2023.
Moved by Kurtenbach seconded by Wienands. Roll call -vote Ayes: Four. Motion carried.
Resolution No. 2023-021.
Maggie Burger, Speer Financial, and Steve Nadel, Ahlers and Cooney, provided an overview of
the agenda item. Maggie Burger and Steve Nadel discussed the loan with the board members.
Resolution naming depository and authorizing official banking signatures for Waterloo Fiber.
Moved by Kurtenbach seconded by Wienands. Roll call -vote Ayes: Four. Motion carried.
Resolution No. 2023-022.
Kelley Felchle, Board Secretary, provided an overview of the agenda item. She explained that the
authorized signers will be Andy Van Fleet, Eric Lage, and Kelley Felchle. She explained that two
individuals will always sign the checks and that having three signers will allow flexibility in the
event one signer is unavailable.
Motion approving appointment of Ian Crowther -Green to the position of OSP/Engineering
Supervisor, effective October 1, 2023, subject to the approval of an employment agreement.
Moved by Kurtenbach seconded by Wienands. Voice -vote Ayes: Four. Motion carried.
Eric Lage, General Manger, provided remarks about the candidate.
Motion approving an amended and restated agreement under Iowa Code Chapter 28E between
Waverly Communications Utility, the Municipal Communications Utility of the City of Cedar
Falls, the Communications Utility of Bellevue, Iowa, Indianola Municipal Utilities, Vinton
Municipal Communications Utility, City of Pella Municipal Telecommunications Utility, New
Hampton Municipal Communications Utility, and Waterloo Telecommunications Utility
providing for joint ownership and use of certain facilities and related matters.
Moved by Kurtenbach seconded by Wienands. Voice -vote Ayes: Four. Motion carried.
Eric Lage, General Manager, explained that CFU built a video head end and all the other
municipalities listed in the agreement are buying into the head end. He explained that the head
end was just rebuilt so this is the latest generation of the project. The utility will pay 42% of the
cost to build the head end plus maintenance, equipment, and salary of one employee assigned to
the head end.
The board discussed the terms and purpose of the agreement with Mr. Lage.
Page 2
Motion approving an Agreement between the Municipal Communications Utility of the City of
Cedar Falls, Waverly Communications Utility, the Communications Utility of Bellevue, Iowa,
Indianola Municipal Utilities, Vinton Municipal Communications Utility, City of Pella Municipal
Telecommunications Utility, New Hampton Municipal Communications Utility, and Waterloo
Telecommunications Utility regarding financial arrangements.
Moved by Kurtenbach seconded by Wienands. Voice -vote Ayes: Four. Motion carried.
Eric Lage, General Manager, provided an overview of the agenda item. Board members
discussed the terms and fees outlined in the agreement with Mr. Lage.
General updates from board members, consultants and staff.
Eric Lage, General Manager, explained that crews are working in the Ridgeway/Ansborough area
and they should be finishing next week then moving farther east. A piece of drilling equipment
was vandalized this week causing $18,000 worth of damage. He shared that the reaction from the
public has been positive. He further shared that interviews for additional positions will be
happening this week.
Ms. Wienands questioned when the marketing materials and logo will be updated.
Eric Lage explained that it should be ready for approval at the next board meeting.
Mr. Krutenbach questioned how soon until actual fiber will be pulled.
Eric Lage commented that he is unsure of the exact date at this time. He shared that the projected
first hook up date is by November 10.
Maggie Burger, Speer Financial, explained that they will have spend -down projections completed
for the next board meeting.
With no further business before the board, it was moved by Kurtenbach seconded by Wienands
that the meeting be adjourned at 4:26 p.m. Voice -vote Ayes: Four. Motion carried.
Kelley Ee(ch(e
Kelley Felchle
Board Secretary