March 14, 2006

Two Year Reciprocal Agreement
The Board authorized the execution of a Two Year Reciprocal Emergency Water Sales Agreement between the City of Olathe and WaterOne.  The Agreement is nearly identical to the 2005 agreement and includes the following changes:

  • Increased the rate for non-emergency water supply from $3.40 to $3.55 per 1000 gallons.  The agreement has provisions to allow adjustment of the rate periodically.
  • Changed the contract termination date from April 30, 2006 to April 30, 2008.  Since the City of Olathe has completed significant expansions to their treatment capacity to the point that this agreement functions primarily as a two way emergency interconnect agreement between the utilities, it is recommended that the duration of the agreement be extended from one year to two years.
  • Replaced “Temporary” from the title of the agreement with “Two Year” to reflect the duration of the agreement.

Interlocal Agreement
The Board authorized:

  • An Interlocal Agreement between WaterOne and the City of Olathe, Kansas.  The Board further authorizes the Chairman to approve minor modifications to the agreement that may be requested by the City of Olathe or by the Attorney General, provided such modifications would not cause substantive changes to the Agreement, with the approval of the final form by WaterOne’s General Counsel; and
  • Temporary Water Service Agreement between WaterOne, the City of Olathe, Kansas and Doug Whitman.

EASi Capital Project
The Board approved the closing of the Enterprise Application System Integration (EASi) Capital Project and the transfer of the unused balance of $122,418 to a Special General Fund Reserve to be spent exclusively for Consultant Services to further aid in the development of the SAP System.  Any unused funds at the end of 2006 will revert to the uncommitted General Fund.

Revised Retirement Plan
The Board approved revisions to the WaterOne Third Revised Retirement Plan to accommodate passively managed investment vehicles and administration by a Discretionary Trustee.  The documents to be revised are the Master Statement of Investment Policies and Objectives, the Plan Documents, the Trust Agreement and the Retirement Committee Procedural Rules.

Easement Acquisition
The Board authorized a Resolution authorizing acquisition of necessary easements by Eminent Domain for12-inch water main extensions along 51st Street from Pflumm Road (Quivira Drive) to Haskins.