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The Huron Expositor, 1999-03-31, Page 66 -THE HURON EXPOSITOR, March 31, 1999 Huron, Perth utilities meet taking PUCs closer to joining .Proposed schedule for amalgamation described as `aggressive' _go ahead with phase two of that will do the transitional and finally -passed after BY DAVE SCOTT the study and agreed to pay work in the months ahead: much discussion - some not Lakeshore Advance Editor. the $4.90 per customer to . Joint utility/municipal related to the motion. cover the consultant's_fee. restructuring committee There was a comment that ` Huron and Perth utilities Grand Bend, which is in comprised of a Huron and because this is going to be a met in Seaforth on Thursday Lambton County, but ior.. 'Perth co-chair (Tom Philips municipal decision of Seaforth - Huron, Terry ultimately, councillors have Martin of St. Marys -.Perth) to be made aware of what's and 48 members in total happening. According to the (three representatives per time table, one MEU/Municipality to commissioner in the • include staff, commissioners audience said there will still & councillors). There would be no report to councils until be one vote per June 30. He made the MEU/municipal team. suggestion to have one of • Working committee - a the interim reports go to a which was passed Oct. 3.0, form the new entity of the small group without voting public meeting. rather than 1998), .all 'municipal electric City of North Lambton. rights which would function to committee. .. utilities (MEUs) must be set Two. other• municipalities, in an advisory capacity and "At some point in time we up as.corporations under the Goderich and Exeter. are consist of the two joint co- will have to have 'an Ontario Business investigating hiring separate chairs plus one agreement: on how to Corporations. Act by consultants to conduct November 'MOO. Under Bill parallel studies. •35:' municipalities will- Phase two began the day of become • the - main, the Seaforth meeting on shareholders the utilities. March 25 with initiating an to establish 'transition : years has participated with committees which begins Huron utilities in purchasing phase two of amalgamation. and service arrangements, Presentations were given has verbally expressed an by consulting firm.Acres interest in continuing with • International arid legal firm the study - but has not yet Smith Lyons. - paid their portion. Presently Under '_the provincial Grand Bend is going :government's Energy through amalgamation with _ Competition Act (Bill 35 - four other municipalities to representative for each MEU establish the board of - total of 16. .. directors," said McCabe. • Executive committee - "Yes, but that doesn't have required to facilitate anything to do about what meetings, agendas. liaison. were doing today," said Neill Winger.of ,Acres _ Energy Competition -Act- with commissions, councils; Carr. summariied the actions of compliance study. etc. that is the continuation . Steps. of Incorporation their firm and the 11 Huron Aggressive Schedule , of existing .six person The incorporation of the • utilities and five Perth A proposed schedule executive -including two amalgamated utilities r utilities to date. described as a "fairly joint co-chairs plus two. requires several steps • Joint Huron • Perth' • aggressive time table" by representatives for each of including a general Restructuring Committee Dr. Jan . Carr of Acres, Huron and Perth (co-chairs corporate bylaw., unanimous - initiated study in.spring of includes review of strategic plus -members from shareholders' agreement and 1998 options •with. an interim Stratford, Goderich; North transfer bylaws. said Pau) • Huron & Perth Businessreport to the Joint Perth and Wingham). Harricks of Smith Lyons in Plan 'Development study Restructuring Committee by "Which committee will his report: - , ' completed in summer of`98. April 30, 1999. Then there bring forward the body of The Ministry of Energy ', - - presented to are business plans and legal the board of directors (of the and -Environment (MOEE) is commissioners July 30, agreements to be put in new amalgamated utility)?" mailing out :more than five 1998 - ; place - and a second interim asked Goderich• %clerk- million brochures to . - recommendedreport scheduled for May 31. treasurer Larry McCabe. consumers accompanying amalgamation and formation " Final report preparation'. ''All of them," answered utility hills in April. May of, two regulated wires including reviewing the Calc and June as a public companies (for. Huron sanddraft,, is scheduledfor June There was discussion of education process on Bill 3S: Perth)' and. -two affiliate 15 with 'a final report Ontario Hydro. offering to A few communities in compahies (tor Huron andpresentation scheduled for buy utilities in parts of the Huron have not made the Perth). June 30, 1999. That will All'sixtecn'MEUs.(most of include coordinated business which .ire Public Utility plans, draft articles, bylaws, ' Commissions - PUCs),' shareholder agreements and province and how some commitment to mail those amalgamation talks have out," said Hayricks. fallen apart. - Utility Membership , ' "There are some . Member utilities in Huron i encltlrsed the plan in August' draft. .council ., approval reservations'some of you include: Blyth PUC, 1998 which would sec the bylaws. have about being here .today. Brussels PUC. Clinton PUC. formation of one utility in -We're in a transitional ,One strong argument from Dashwood PUC. Exeter Huron and one utility in• state. You've had utilities us isthat there's greater PUC. Goderich PUC, Grand Perth.work as a separate entity for ,leverage being involved here Bend PUC.,Hcnsal! PUC. A report and information. 90. some years. The' (with the Huron- Perth , Seaforth PUC, Wingham package was forwarded to municipalitynow has group if negotiations do take PUC, Zurich H)dro. all municipal councillors in interest as a shareholder. place in the -future with 'Perth utilities 'include: Huron and Perth with MEUs There's an interest of how to Ontario' Hydro). We.` Perth East Hydro. North in September 1998 - and make the business work wouldn't recommend at this Perth PUC (Listowel); St. then two subsequent all, because you have a stake in stage to involve - them .Marys PUC, Stratford PUC ' 'etiunciGtor meetings were it. ,You need business` , (On ario Hydro),"said Carr. and West- Perth PUC .held for Huron and Perth in knowledge and you need A motion by Clinton mayor (Mitchell). October with follow ups in municipal commitment." Ron McKay to accept the - Exeterand Stratford. - said Carr. committee structure as Sixteen municipal councils Committee Structure presented wasseconded by and commissions voted to There are three committees Ralph Watson of Brussels Guaranteed mates from more than 30 banks and trust companies to provide YOU with the best rates. Doug Elliott B. Math • 65% 4.5% SO to 269 Days 5 5 Year Annual 4;;°;a. Ail Deposits Insured Within Limits Rates subiect To Verd.cat‘on *$nueb,entCentre Seaforth 96 Main St. Serving Seaforth Since 1986 527 CLASSICS CAF 527-059 ALL -YOU -CAN -EAT HOT BUFFET & SOUP & SALAD BAR Every Thursday, Friday, Saturday & Sunday! 5 - 8 p.m. Kids 12 & Under are 1 /2 Price All you can eat THURSDAY BUFFET • Cabbage Rous a.88QPork Choi* i Yam WW5�• • Soup & Satad it, • Deeeeet & Semt�e CLOSED AT 10 PAL , A11 you can eat FRIDAY BUFFET.' 1 • Rah k Chip. •iiwRfllxt ?' • woo, vetes, ` • soap & sand tag. . De+sert k n< SATURDAY NIGHT . 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