2003 Annual Report
Board of Trustees
Jericho-Underhill Water District
P.O. Box 174
Underhill, Vermont 05489
October 1, 2002 to September 30, 2003
The Jericho-Underhill Water District provides drinking water and fire hydrant access to approximately 850 people within the District. During the past year drinking water supplied to the district was approximately 45,000 gallons per day. During this period the results of State required water tests consistently met water quality standards.
The Board has focused its efforts on painting the main storage tank and building a second tank. The second tank will improve fire flows in the case of a major fire and make the system more flexible for operation and maintenance. A series of information meetings was held to inform the voters on the scope of this work. On April 29, 2003 the voters of the District approved a bond of $400,000.00 for the second tank, for an extension of the main on Poker Hill, and for partial funding of the main tank painting; in addition the voters approved refinancing the existing District bonds to obtain a lower interest rate. The bonds were sold through the Vermont Municipal Bond bank in early July 2003 at a net interest of approximately 4.49%. The principal is to be paid off over a period of approximately 30 years.
As part of the bonding process, the books of the District were audited professionally for the first time. This was done by Angolano & Company of Shelburne, VT. A key results of the audit was identifying the value of District assets such as mains, tanks, buildings, wells, and other infrastructure. The District use of Quick Books for accounting and financial reporting was of significant help during this audit.
The Board has hired Phelps Engineering of Middlebury, VT to providing the engineering for the tank projects. The Board has obtained local and state approvals and permits to proceed with this project. The Board has received bids for the second tank, the extension of the main, and other parts of the project; and is reviewing these bids. The work should begin this fall or early in the spring of 2004 and be completed about a year from the start.
The District continued to maintain the infrastructure. Several customers concerns were resolved; shutoffs, hydrants and leaks were repaired or replaced. Approximately a third of the fire hydrants were painted.
Dwight DeCoster resigned as Collector and has a leave of absence as Meter Reader due to being assigned to a one year active duty tour in Afghanistan. We wish him the best. In the interim Debbie Fowler has agreed to be the District Meter Reader. The Board is seeking someone to fill the position of assistant operator. The Board is also seeking members of the District who would be interested in serving on the Board and/or as an officer of the District.
The District website is located at "http://water.jerichounderhill.com". The Board holds regular monthly, public meetings on the first Monday of each month. These are held at 7:00 p.m. in the basement of the United Church of Underhill located on the green on Park Street in Underhill Flats. Members and voters of the district are encouraged to attend.
Peter H. Mitchell, President
Richard H. Eldred, Trustee
Roger F. Koniuto, Trustee
October 27, 2003