approves street sweeper purchase
Councilman Mike Henline moved to allow Littleton to negotiate a cost share with Lenoir City; Knox County representative Pat Beasley seconded and the motion unanimously was approved with two councilmen absent.
“It will benefit the people, the ratepayers ... the utility and the City,” Henline said of a possible future arrangement.
In other business, LCUB heard updates on the gas, electric, water and wastewater departments.
Littleton said he was considering increasing a bond issue in the gas department from $1 million to $1.6 million. He also announced LCUB had “taken exception” to a letter from a regulatory board alleging the utility had “a tremendous number of violations with our drug and alcohol policy.”
Littleton said LCUB was still trying to close out construction at its new wastewater treatment plant, and likely would face an EPA audit once finished, because of certain funding arrangements.
He also passed out a recent TVA district report recommending utilities keep three months of cash on hand to cover energy wholesale costs.
“That would be between $22 and $46 million for LCUB. We’re not quite there, not quite there even at that low number.
“It’s something to strive for,” Littleton said.