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HomeMy WebLinkAboutNo Year -xv 't I1 t a 'f E t t a i E N~ ~ t .r y 1', i/ t ip yo-' 1' i i t j`~ A° 1P1Tpix 3YL ~ r l 0*6'~ V OA"c - UAJ i is ;r . , i f r ~ afi i 7 r r ~r NUAMIXT ' TIM HISTORY AID ROLL or TMPA 1 r r M APRIL 1979 r r r SIDNE a WEB SM MANACEWIT CO NSULT,ANTS0 M. BOX 3G0b j DL►MVZR, Colt mw 80217 30370-7760 ,F ujegl~L . of nr !t ~ r a z TABLE OF CONTENTS r VOLJ I. Executive Summesry II. Formative History of TMPA Y IM, MA Progress-to-Date IV. Future Direotion and Role of TMPA V. Appendix V-A tibliography V-E List of Persons interviewed 1 i. 1 . i r s ai ..in r aSti ✓'''r52.-iF~ck~a'~,5.~xy F ~ 1r. , ti,` . , ,f 1. i,i , „ f' ~ ; r ~ ~ ~ II _ 77 77 89CTZOH I %NDZX EAU, EUCUTIVL SUMM" r A. Overview i-i B. Study Objectives, Phase r I-3 C. Study Procedure z~3 Do Sam=ry Findings, Phase I I~4 X. Suammry Racomoendations, Phase I Ii7 i i dpi I-2 I. XIMCCTIVE SUMMARY A. Overview During the thirty years prior to 1965, the electric utility, industry r established an admirable downward trend in the average cost of "electricity, The collective effect of scalar economies, improved technology and low fuel costs were effective in counteracting other increased costs of operating so eleetri.; utility. During the late Sixties, however, coot penalties rooted in a vast array of environwntal initiatives gradually 06#sd fuel use patterns cad forced utility capital costs to rise drastically. this. abnosmel; upward tromd was subsegeaatly `aggravated by widespread inflation ohit% unfortunately a44"ed a double-digit level. In 1973, the energy industry' vas further rocked by the militant Organisation of Petroleum Exporting Countries (OPIC) whit,h instituted an oil embargo and enforced * collective demand for higher oil prices These cowlaxities triggered a sharp riss in overall utility operating costs and widespread consumer-oriented concern gra4tasily mushroomed. the Cities of Bryan,' Denton, Garland, and Greenville, Toms, won not immune from the gentral impact of rising costs; bowover, the dend"ad availability of clean natural tas for boiler fuel 'insulated 010, Cities from, a significant portion of the; onvirotassDial problem faced by she electric 1 industry is general. Nevertheless, fuel a+rail,4(f,lity surfaced ss a prime concern, sad caiise~d the four Cities to seek options for securing future power supplies. This starch led to the`formetion of the Texan Municipal Power Agency (TMPA). The Texas Municipal Power Agency (TMPA) was created in 1975 through the passage of concurrent ordinances by the `City Councils of Bryan, Denton, Garland and Greenville, Texas. Ac inception, this joint action Agency was expected to acquire boiler fuels and to finance, aonstruot and 'operate electric, generation and txanomission facilities on behalf of the four Cities. The creation of the Rgency was a vAjor evolutionary step beyond the joint generation scheduling and mutual sharing of reserves first undertaken. by the Cities and the Brasov gimetric Power Cooperative, Inc. in 1963. Z The formation of TMPA wpm motivat9d by economic, strategic and business issues which collectively impacted the electric utility operations of the four Cities, The key issuer are set forth in Table I--1. Table I-1 Texas Municipal Power Agency Key Organizat~.on Factors e Anticipated future growth in' the demand for electrical power • Anticipated economies of scale e Increasing prices for gaseous and liquid fuels ~~4 LY A ,T` 17 I-2 s Decreasing'avallability of natural gas 4nd o i I • Anticipated government restrictions on the use of natural gas and oil as boiler fuels e The need to develop a fuel diversification strategy The principal intent of the four sponsor Cities was to establish TflPA as the catalyst around which the Cities could diversify their fuel resotlrces, realist si=Aificant economic benefits and 'participate hk the joint fiASM log, cotsatruetion and operation elf large scab genersrips snits desitwd to burg either cost or nuclear fusel.)` The gaosrsphic dispersion of the four' Cities also necessitates constructi'A of certain required transmission facilities. This was also viewed as `a major responsibility of the newly-formad Agency. 7MPA opened its first business office in Waco, Texas, in 1975 and immediately initiated steps to recruit a professional staff, The business headquarters were . relocated : to Arlingto t, Texas, in 1977. The move 'was intended to place TWA's business office closer to the geoltaphicfocus of the four Cities,' closer to modern transportation facilities and, to secure larger quarters. To date the Agency has, received approval, from the four Cities to finance and' construct a 400-MW! lignit*-firod generating" unit at Gibbons Creek, and to acquire a 6.22 ownership in each of tyro, 1150-MV nuclear units being constructed by the Texas' G~ilitiea Company at Comanche , Pesk, TMPA has also issued $600 million in electric revenue bonds to finance its construction program, and negotiated transmission agreements for bulk power shipments to the Cities. Progress toward aompletion of the Gibbon: Creek plant, procurisment of a lignite supply and development of a reliable transmission system, however, has been slowed from time to time by management shifts and legal obstacles. Between 1975 and 1978, continuing cost increases and differences in management style, in effect, gradually sowedr seeds of distrust between the TMPA General Manager and the `Board of Directors, In 1978, a credibility gap developed between the Board and the General Manager and the General Manager resigned along with several staff members. These events forced the Board of Directors to assume a larger management role in TMPA. The unforeaeeii change in TMPA'a management structure and maturity pattern provided an opportunity for certain marginally-convinced backers of the Agency to resseest their position. This, in turn, created an atmosphere of uncertainty as to the future c.'irection, the existence and the role of TMPA. Legal hurdles also developed as various parties took exception to a number of Agency moves. The construction program at fibbone+ Creek faltered as the Agency's financing program was delayed due to legal suits filed by persons in the Cities and in Grimes County, the site of Gibbons Creek. The conceptual planning and future need for facilities proposed by TMPA worm also questioned as electric load growth' in the Cities slowed and construction coats increased. I Y I~3 t During most of 19789 TMPA operated with interim' General Managers. Concurrently, the Board grappled with the aforemaneloned problems of management uncertainty, continuous cost ingresses, a role definition for TliPA and continuing litigation. The Hoard recognized a need to improve TMPA's credibility in, the Cities, to establish a business-orisntod mode, of operation, to refine or-coafiru the appropriateness of the Agency's construction program and to improve its, image with the public at large. The Hoard also launched a search for a new General Manager. In 1978, the Board of Directors decided an audit of TMlA'e a" to operations, business paws senssis and initial steps of develop pnt was iu order. Several fires were interviewed and the firm of Stomp b Webster Managommt Consultants, Inc. was selected to conduct a Menagemrnt Study. Simultanecusly, the search for a permanent General Manager proved fruitful and, in late 19789 Mr. Joel Rodgers was retained to take "or Administration of the Agency. The conduct of the audit almost exactly paralleled the initial months of Mr. Rodgers' employment as General Managetrr Interviews conducted in the course of, the Management Study hM►e revealed that the now General ManMer has Marred quickly to strengthen the Agency, bolster the construction activity, institute coft4effeativo program, reorganise the corporate plig+aaunt of 'the Agency, maintain a staff level consistent with long-tirsr goals and resolve a number of problem areas. The Management Study' was structured with two phases, Phase x, reported in this Volume If was conducted to document the formative history and the recosssended future roles of the TXPA. Phase 1%, `described in VGtume 11, was performed to analyze and reeommaestd changes in the THPA manalenent organisation. Additional information on the study objectives and procedures are provided in the sections which fallow. H. Study Objectives, Phase I L The 'objectives of Phase I time to explore the events that led to the creation of TMPA, to highlight the alternatives considered during the Agenuy's initial planning, and to evaluate the success of TMPA in achieving its initial sat of objectivess Beyond this historical analysis, the study was designed to suggest the future roles which TMPA should play in securing a reliable and economical power supply for the four Cities. This latter work was requested by the Board of Directors who, among themselves, have not yet reached a consensus on the functional responsibilities of TMPA in financing, planning, engineering, constructing, and operating the Gibbons Creek Project and any future generating units or transmission facilities. 0. Study Procedure j The Mspagement Study was based on interviews with a cross section of personnel who very participants in the formation of the organization, or who are currently involved, directly or indirectly, in the Agency's operations. L,iring the interview process, we talked to individuals who aces L, I-4 e Members of the TEA Board of Directors Council Members in the Cities • City Managers and Utility Directors 0 Utility customers e Officers in the Brazos Electric Power Cooperative, Inc. s Members of the TMPA Headquarters and Field staff e Contractor Representatives • Interested Parties e lIMs Sea Appendix V-B for a detailed listing. taforwatioq flowing from the interview' process was augmented by -a review of tha reports, contracts, legislative acts and 'other docussentition underlying THPA's planning and operations. A list of these data sources is shown in the Bibliography, Appendix V-Aa The Bibliography also lists selected outside references that were tapped to provide conceptual descriptions of alternative manag t philosophies. finally, this wealth of information was combined with Itf i Webster's experience its utility moutemaut, operations Bad construction t9 arrive at the recommendations contained herein. D. S Findin sue me Oar ;Phase x analysis of the THPA, its history and present activities are summarized in the f tidings iistjid below: D.l In 1975, when THPA eras formedt projected capacity iressents, rising gas and oil prices and anticipated government restrictions on the use of gas ' and oil for boiler fuels were compelling reasons for the Cities to investigate a joint action Agency* In our opinion, the founders of TMPA displayed foresight in seeking alternative power supply sources to augment the cities, gash-fired generating units. D42 In 1979, the,Cities' future capacity needs are not so pressing; however, unstable gas and oil pricer and the lack of a secure fuel supply for,.the Cities' existing generating units are still sound reasons for acquiring generating capacity fueled with coal and uranium. All contracts for boiler gas expire in 1984. D.3 The power supply alternatives available to each of the the Cities in 1975 probably includeds 1. Continued, go-it-alone, generation expansion with each City building small coal-fired generating units. 2. Purchasing all or portions of future electric energy requirements as wholesale power from a neighboring utility. 3. outright sale of tf* municipal electric system to another utility. 4. Acquisition of shares in larger generating units to be built by others. 5. Participation with othtr municipalities in a joint action Agency to acquire capacity shares from others Gtr to construct and 1 operate large generating units and the assnciat+►d tran~naissian. 6. Do nothing. D.4 A'he Texan Municipal Power Pool (TXPP), the forerunner of TMPA# did not uanduct a thorough, comparative` analysis of the preceding five or six alternatives on behalf of the Cities. This obsarvation is founded on personal interviews with ovor 41 individuals and the fact that we were unable to abtcin documentation of such ' e study. This is not to say that elternatilyes were not ofmridered in the decision Bain: process. b.S Apparently n+ne of ,the four Cities conducted or doautatited an independent, formal. And, coq>aretive analysis of their own power supply options prior to executing the Power Supply Contract and establishing a commitment to TMPA, The Power Sales Contract 'was approved by the `respective City Councils after public hearings but without a referendum election in any City. The enabling legislation which led to the formation of TRPA provided for a referendum if 10% of the electgrate in a City executed at petition requesting such an election. No petitions were filed in 1975 In any of the Cities prior to passage of the concurrent ordinances, Again, we are not implying that alternatives were not considered, but stating the fact that we were unabla to uncover any documented evidence of a formal study. D.6 TMPP diet conduct a Preliminary Pover Supply gtudy, dated March 1975, that compared alternative mixes of coalwfiritd, nuclear and combustion turbine generation under different fuel cost assumiptions. This work apparently led to TMPA's present commitments in the gibbons Creek and Comanche Peak Units. Zyn } D.y The toed forecasts used for planning by TMPA in &974-75 were; based an a continuation of the high gr&eth rates experienced by the Cities during the decade prior to 1973. With hindsight, the forecasts prepared in 197475 are seen to be too high. In 197475, however, the future impact of rising energy custs, fuel switching and voluntary conservation efforts was uncertain; consequently, load forecasts prepared in 1974.75 for all other utilities have also been subject to large adjustments over the last three years The generation expansion_ plan recommended to TH" in 1974-75 was reviled downward 'aver the- loot three years when the high ldad forecast did not ewtOrialise. D.8 lit our opinion, the TMPA u4nagemsent and staff have made remarkable progress toward providing the Cities wits a future firm 'power `supply while beset with ' legal, financialt tiaupower and managepant problems. The gaff tins appal wised design and eel=ineerinR work, negotiated eontraotec: acquired N41`s, procured equipomt and direatea, construction activities while - the continued exfstance 0t he Agency and their wnc escployaneut future was and still is 'uncertain. D,9 In 1974.750 the construction cost for the Gibbons Creek Power Plant, excluding intereat during construction, other coats, the mine and the transmission network, was projected to be $384 per kilowatt bared on 400 MW. In 1979, the projected construction cost or the Gibbons Creek Power Plant has risen to about $775 per kilowatt, The 33% increase is attributable to the completion of more detailed engineering and design studies, to additional, unforeseen costs for the acquisition of load, to stiffer emission control requirecaents, and to rising inflation rates. This cost increase is discouraging but, in' our opinion, is representative of the cost increases experienced on other utility projects. D.10 In 1974-75, the construction cost for the two-unit O'omanche Peak Nuclear Station was estimated it between I $500 and 0600 per kilowatt. Today the project construction cost is estimated at about $607 per kilowatt. The original estimate was good and the uverall plant cost is generally in line with that projected by other utilities engaged in representative nuclear power projects. .Y 2y7 D.11 The cost of lignite from the Gibbons Creak Mine vac projected to be $0.33 per million BTU in 1986 based on the limited resource data available in 1974-75. Today, the cost of lignite is projected to be about $1.39 par million STU when delivered to the mina-mouth plant from the yryan lignite deposit in 19860 This large increase in fuel cost has resulted Prow inflation and actual mapping and analysis of the lignite formation. Despite this large increase in the projected fuel costs$ fuel from the try= U its deposit will still be cheaper thane oatursl gas, o l or Vostern aaeis in the 1984 time, `par iod. A separate power supply study should shad more light on alternative fuel coats. D.12 The WA staff is still.. functioning aitbout spetific diveation ham.Me,. board of Dirattorp Of to„ the oeg+esfstiara's !'ature `'role in fiaeimag, planai»g, eaagtiireer.tag;, . , coostiwcting and operattng poet, faoil ties oa behsif of the, Dour Cities. This laal of dirsotion has otlppled riciruitint and s,rgaaiaeationai Visming amad effects omployoo noyale since the future of the Agency is uncertain* The findings listed above are drawn from our 'study of the Apney'e, history and achievements which are diaouased in more detail in subsequent sectioas of this report. The findints have led us to formulate the recommendations shown below. E. Summary Kscotmaandations, Phase Y The Cities' need for a secure base load 'power supply continues as sufficient incentive for the acquisition of coal and nuclear-based generation despite a projected surplue of generating capacity in TMPA and the Cities during the early 801s4 Subject to the findings in the power supply rtudy,,the Cities- have no practical economical alternative but to continue their participation in TMPA through the comaplatiou of construction at, Gibbons Creek, Having failed to evaluate and select some other power supply option in 1975t' we believe the Cities are now irrevocably committed to the completion of the Gibbons Creek and Comancho Peak Projects. This commitment flows from both the Power Sales Contract and the fincncial obligations already assumed by TMPA on behalf of the Cities. Outright sale of the Gibbons Creek ptioperties remains a possible course of action; hoaaver, such as sale is impractical at this time due to the incomplete state of the engineering, construction and fuels acquisition programs for the unit. Subject to interpretation of the enabling legislation, TMPA nay be able to sell capacity 1r".rcm the Gibbons Crook Unit upon its completion. This option, however, still requires the Cities to remain as participants in the Project financing and construction through 19826 Given the preceding 'constraints, TMPA should continue to exist as a joint action arse of the four Cities, and the following steps should be taken to clarify the long-term role of the Agencye E.1 TMPA should complete the construction of the Gibbons Creek Project and, thereafter, provide the supervisors and staff to operate the power plant. We see' no significant economic advantages but a probable loss of control in the alternative where the power plant is operated by a contractor. 2,2 TWA should retain a contractor to operate the Gibbous ' Creek lignite mine for an initial period of five years. A contractor can provide experienced supervision 'and implement the initial phased of the siring plan with four problems than THPA world emooaatar. MA will ha" more than exeagh obstacles to e9e9aom in staffing and operating the power plant aioetw. 1443 Erosos glec is io Power Cooperative, Iu o or the 'texas vtilit- as Companies, should' 'ae asked to operate and maintain TMPA's 345-kV transmission facilities. The seanpawer, training and equipseent 'required to perform this, work can be provided under contract at a lower cost than if TWA staffed the function directly. 3.4 TMPA should arrange for the utility departments in the four cities to operate and maintain those components of the TMPA transmission system rated a.t 138,000 volts or lower voltages. E,5 Each of the four Cities should- continue to develop independent lord forecasts and to explore alternative power supply options with the philosophy that there may be benefits in procuring future power needs from `a source other than TMPA. The Citiea should not surrender their responsibility for local power supply planning to the TMPA staff. The utility director In each City should continue to be hdld responsible for accomplishing this task. 1 E.6 TMPA should evaluate and consolidate the projected power requirements estimated by each of the four Cities and develop alternatives for meeting these needs. The search by TMPA for practical alternatives should include consideration of wholesale power purchases from other utilities. 4~ .A f 1+9 E.7 ThA TMPA geadquarters staff should be brought to full strangth so that the Agency's crucial personnel, accounting, construction management and records management activities are functioning. Engineering and administrative positions, which may becom; inactive after the completion of the Gibbon Greek Project, should be identified and wetched9 if possible, with future operating positirms at the Gibbons Creeks Power Plant so that personnel transfara can be p1caned. Other recowumdatione o! lessar b*act are ineiuded' in section rV of this report. The f6rw4tive history of 1WA and a discussion of the Agency's pxogrers-to-date are incorporated in Sections 11 and Il which follow, ;s ~t ~ ` rt P:. t " r. I K.• i I' i, ~ , - i," .1; S, it 11 ~ ~ ; _ ~ . F I~ ~ I1 f ' ~ ` t U .1 _ IE (J r ~ / ~ I' .i` 1 I1 ~ I ' I ~1'/ 1 ~ ~ i i. 1 ~ ~ 1 i1 i.. -1 ` to t .F [ ,7) £i:~ F [$t ~ I ~ r))i ' f SECTION II INDEX Pa Ee rOR4ATIVE HISTORY OF TMPA 1. Overview II-i B. Historical Experience of the Cities II-1 S.1 City of Bryan 11.2 3'03 City of Denton tt-i SJ City of Qerlemd 11-9 S.4` City of Greenville U-13 C. Relationship to Brasos Electric Power Cooperative II-16 D. Tames Waicipal Parer Pool II-1! SIM, ON II IS1T8 I IY-1 Location of Particip"ta in Texas Municipal Power Agency and Texas Municipal Power Pool 11-2 Rstimatod Capacity Requirements, City of Bryan 11-3 Nistorical and Projected Peak Loads, City of Bryan 1I-4 Comparative Electric Rates for RodidtAtial Sales, City of Bryan 11-3 Comparative Electric Rates for Comot'teial and Industrial Sales, City of aryait IX-6 Estimated Capacity Requirements, City of Denton 1 II-7 Historical and Projected Peak Loadsp City of Denton II-8' Comparative Electric Rates for Residential Sales, City of Denton II-9 Comparative Electric Rates for, Commercial and Industrial Sales, City of Denton II-10 Estimated Capacity Requirements, City of Garland II-11 Historical and Projected Peak Loada, City of Garland I1~-12 Comparative Electric Rates for Residential Sales, City of Garland II-13 Historical and Projected Peak Loads, City of Greenville 11-14 Estimated Capacity Requirements, City of Greenville II-15 Comparative Electric Bates for Residential Sales, City of Greciville IX-16 Comparative Electric Rates for Industrial Sales, City of'Creenville I1-17 Estimated Capaoity Requirements - Brazos Electric Power Cooperative 21-18 Historical and Projected Peak Loads, Brazos Electric Power Cooperative 11-19 Estimated Capacity Requirements, TMPP and TMPA II-70 Historical and Projected Peak Loads, Texas Municipal Power Pool I14 POftMATIVE g16TOAY of TwA A. Overview The Texas Municipal Power Agency (TMPA) was created in 1475 through the passage of concurrent ordinances by the City Councils of Bryan$ Denton, Garland and Greenville, Texas. This formal action was a major evolutionary step beyond the joint generation scheduling and mutual sharing of reserves first undertaken by the Cities in 1%3. The formation of TMPA was apparently mativated by anticipated future growth in the demand for electric power within the Cities end by increasing fuel prices, decreasing availability of gas and eil, said expected Save reaarIt restrictions on the use of natural gas and oil a$ boiler fuels. The four 'Cities aloe` expected td realise eigailfcautleconowic advantages from the joint 'financing, construction and operation of large generating units using coal and nuclear energy. Me weed to provide a secure 6mtorgy supply at reasonable cost for the Cities,' and "W .economies of awele to be araaiised by building purge generating units are still waned res3ons for heir a joint nation &to* y. yrou todayt• raistwe }mint, h"Over, '`time bsses and udVinstal inputs used is 1974-1975 to prowto the formation of 'TWA 'hags changed SlAodly hot-and constwxetieyn canto, for example, have risen drowatically while the growth Was in electricity moneuseption by the Cities have declined. These changes halve aggravated lingering concerns about the ;Ass Bing performed during the formation of THPA. This section of the report,: therefore, ' provides a review of TMPA's formative' history to place'iliPA'r current activities in perspective. The historical information suemsarised in the following subsections hat been assembled from interviews with a large number of pcr,sons who were involved in the formation of TMPPA, and 'incorporates, data gleaned from the documents shown in the Bibliography. In reiiewing this historical information, we have tried to be particularly sensitive to the fact that major business decisions In a utility, unlike many of the decisions occurring in private 'life end ift other commercial enterprises, must be made with lead times of, five years to two decades. Theme decisions must frequently be based on incomplete information and are subject to later changes in political, economic and environmental forces that cannot be foreseen. 1t is our opinion that past decisions and actions taken by the founders of the TMPA should be evAluated in this light. That these decisions led, in more cases, to an apparalt'loss of flexibility and to large current financial" commitments are duet in part, to the utility operating environment shared by virtually the entire domestic utility sector. B. Historical Experience of the Cities The Te)ras Cities of Bryant Denton, darland and Greenvit:le each own and operate a municipal electric system incorporating generation, transmission and distribution facilities. The locations of the four Cities are shown in Exhibit 11-1 The muoicipal systems in the Cities of Bryan,` Denton and Greenville are the` primary source of electric energy for substantially all of t T 777777 1 XI =2 the eleatrie`l;~uetosers residing within their respective corporate limits. The City of Carter d serves approximately $5% of the electric customers within its corporate liaits, With Texas Power end Tight Company providing electricity to consumers in the remainder of the City under a franchise, The City of Bryan, in addition to its municipal system, awns and nperstes a distinct and separate rural transmission and distribution system' which purchases electric energy from Aryan's municipal system. The following Subsections provide a more coseprehensive description of the utility system in each of the Cities with particular emphasis on the factors that probably led them to participate in the formation of THPA in 1975. The Cities' participation with ar nos Llsotrfc Pwor Cooperative (nrasos) in the Texas Municipal Power Pool (W?) is also dsscribsd later,_ e 3.1 Citr of 3Ezao The City of Bryon has an estimated population of 49,000 and ip located about 100 miles norttioest of Nowtous Tense 4ryan is about 180 silos south of the after three Ottye-pirticipants iA TOA. Refsrsaas to 'tahibit iY- shows the close =sagrapbir proaeiwtty of Datton, Oarlaad ad Greenville *boa compared to Aryan's physical soparstion froal the three-city cluster. tryan is a eaajor'regional population welter situated batwesn Dallas sad Rouston Its business oo"unitr providss fijaaoialw wholsuale and retail services to a. regional population of about 1S61000 people "living in surrounding countiess The adjacent Tom of College Station is the how of Taus 'AM University with a current enrollment of approximately 22,0(1:0 students. The r,iversity employs 'about I,Oft people living within the Bryan regional area. We estimate that between 1963 and 1968, the annual peak demand on the Bryan electrio system increased at a compound average rate of about 10%. In 1969p the Town of College 'Station became a wholesale customer of the . City of Bryan and the total electric system load reached about 64.4 MW in 1970, The reader is.cxutioned here that early TMPP studitas had Bryan's 1970 peak load at 94 MW which also included Texas A&M University. From 1970 to 1974, after securing College Station as a customer of Bryan, the City's peak load 'rase at a faster avcrage annual rate of about 112 per year. See Exhibits II-2 and 3. A forecast prepared for the Texas Municipal Power pool in 1974-1975 projected a 9.1% load growth rate from s 1973 base value of 125.7 MW. Again, this high figure included both the Town of College Station and Texas A&M University. The forecast is shown by the dashed line in Exhibit 11-3. The forecast indicated that the City of Bryan might be serving a peak load of 554 MW by 1990. It further indicated that the City would need to Lacrosse its existing and committed genera tin&',capacity (240 MW) by a factor of about 2,7 over the interim fifteen years to sarve the projected load growth. Exhibit 11-2 shows that the cumulative new capacity requirements weva expected to be about 397 MW This disturbing forecast was apparently available to the City at the time the City Council considered and approved Bryan's participation in TMPA. The City's anticipated need for additional capacity was probably the first,motivation for Bryan's participation in the TMPA. II-3 In 1976, the Town of College Station notified the City of Bryan that it planned to reduce its power purtehasem from the City and to purchase all of ' its energy requirements from Gulf Stater Utilities Company after January 25, 19794 This action caused a sharp departure from the 1914-1975 forecast as shown in Zxhibit II-20 In 1918, the total City and. Rural load was only about 96 MV A similar maximum demand, including College 8tatiou, h41d been recorded as far back as 19730 A more recent forecast by the City is shown by the dotted line in 9xhibit II-3. It suggests that the 1990 peak load night be about 247 Mid aoweared to the 1474-1973 forecast of 3$4 M1..; This shasp'rednati6n -'in the joeted demand obviously iapoets the City's future capacity' requirmstlts, aver, loss ` of the College Station load could not be foreseen is 1975 when ?WA was organized.' Currently, the City is in an excess power suppry situation as it fsaes an apparent out-plus . of geeearatit►g capacity thrdn:h L9b7... our study, ►ero re±rSAW that the City's action LA joining TNPA its 1975 was wtiwtsd Ity ptai, 4o"6=s over meat#ng fatsere au"stowr doaftds,, The Oity, than WW:. 66w, also . r►as` concerned ,with ensuring, a , firs fuel supply for eleetriaity production and` vi,th,ostablishing a div4rsifiad fuel base. The Bryan `electric utility.operates one power plant equipped with six &N-fired sttrar-turbine generating units and one conbustiOn turbi Aim aerator, new gas-fired steers-turrbina. Unit, rated at 100 °#iW', was placed is commotdial operation at a` second plant sits on the during May 1976 and raised the City's aggregate capability to 240 MV. The ratings and ages of existing Senerating units are indicated in Table II-1. Table 11-1 Generating Capabilitq - City of Bryan Net &,cing Feel Installation Unit(1) M(1) Capsbility(2) Date (2) Bryan Steam 01 3.0 Natural GAS 1950 Bryan Steam #2 500 Natural Gas 1952 Bryan Steam #3 12.0 Gas/Oil Standby 1955 Bryan Steam #4 2200 Gas/Oil Standby 1958 Bryan Steam #5 25,0 Gas/Oil Standby 1966 Bryan Steam 06 5060 Gas/Oil Standby 1969 Biyau Gas Turbine #7 21.0 Gas/Oil Standby 1974 Dansby Steam 01* 10000 Natural Oat/Oil 1978 Total 240,0 *Capable of burning oil continuously, (1) "Commehe peak participation Study", TMPA, Table I -li Capabilities of Cities Generating Units, (2) Annual Report to M for Year (riding September 30, 1977, Norm 1-M. r ! Table 11-1 shows that in 1975 the City of Bryon was com tied to the use of a production plant that was completely' dependent on natural gas or oil. Officials in the City recall dire predictions in 1975 that domestic gas and oil supplies would be exhausted in about 13 years and that government' intervention would make gas and oil unavailable as boiler fuels. Subsequent action by the Texas State Railroad Cosasission (OW 600) to compel the phase out of gas consumption in utility boilers underscored the vulnerability of Bryan's electric system to the loss of its primary fuel resources,, Consequently, the issue of a secure fuel supply was probably the second major reason for Bryan's coemitsent to THPA. It remains a strong, motivation in 1979 ar OA nation again laces short"*# of petroleum products, large st*V imem"s in imported crude oil prices and the uncertain ieipa►ct of the Wat ional 1lnergy Act. Prior to 1973, the City's electric customers received energy under a relatively stable rate structure with fuel costs overagins about 20 assns per million Stu or throawteuthr of a 'scent per kills. See Table 11-24. to 1073,. b~or tb! pries paid by "the City for boas natural sus surd oil sorg04 upward lellouriag the bt#aniaation 'at Petroleum Rnportins Cove►trier (dPSC) oil n&rso , The i'nsi'aonponene is the cityrr ?electric rates tore by a factor of " 3' between 1965 and 1975 and reached .9480/kith W1975. ` Table 11-2 " Average Ilectrio Rates City d',f BZan(X)~2) . .~~.w~.4rrrw~w~. +.r~r.+~w.A /klf.lr.rwl +rw Amy. .....tier r..rwrr~ Fuel Debt Other Total expense' Service Expense Average Year Component Component Component Rate 1968 0,311 0$70 00868 1.549 1969 0,313 0.458 0.692 1.463 1970 00300 0.369 0.751 1,420 1971 0.320 0.331 0.733 1.384 1972 0416 0.383 ' 0.592 16291 1973 0.464 04361 08610 1.435 M 1974 0.597 0.336 0.649 1.582 1975 0.948 0,450 05603 2.001 1976 11575 04548 0.523 2.646 1977 2.307 0.837 0.447 3.591 (1) 1968-1972 Data is derived from. "Financial Feasibility "tudy, Texas Municipal Power Agency R. W. Heck and Associates, July 1976, Table VII-1 and VIT-2. (2) 1973-1977 Data is derived from 11$250,000,000 Texas Municipal Power Agency, Revenue Bonds, Series 1978." Salomon Brothers, etc,, August 39 1978, pp. A17andA19. r Y The fuel Cost component in Bryan's electric rates contiwed to increase by an additional 1.3590/kWh 'between 1975 and 1977 giving further weight to Bryan's need for alternative fuels. During 1969-1977, average residential electric rater offered by the City of Bryan were generally comparable or better than those offered by neighboring investor-owned utilities. See Exhibit II-4, Bryan's rates for commrcial and industrial sales (Exhibit I1-5), however, have generally been higher than those provided by the investor-owned companies. This rate difference has hindered Aryan 'a efforts is attracting business and industry to dw am,.* these two exhibits also` illustrate bow the city's electric rates arose after 1979 due to large increases in the prici ofnatural gas. As the City considered participation in MA during 1975, further inareasep in gas and oil prices were anticipated. As an alternative, THPA offered the smajownt and financial muscle to acquire and use plentiful, dowstic coal, end urasniuu. These fuels were expected to have relatively stable cost characteristics. F=x In 19799 City officials ruin coadf#cad that gas and oil prices will codtit4wj~ to Increase and further aggravate the problems faced by the 'City in attracting industry and erploroaut. As a aousequence, stability in fuel costs retaains'e strop '1.tird objective for Bryan's participation fe TNPA. wn summa#"y, during 1975, the City of Bryan woo apparently in the following positionl • It had 240 MW ofexisting and committed generstilig capacity all fueled with natural gas or oil. e The availability of natural gas and oil as boiler fuels was expected to be curtail-,d by government action or by exhaustion of these finite resources. e The Citq's electric rates had increased sharply and further increases were to be expected if the City continued to be primarily dependent on gas and oil for electricity production, - s The load forecast indicated that the City would require 397 MW of additional generating capacity by 1990. In retrospect, the City probably also had the following alternatives to deal with its power supply planning problems ' 1. Continue to go-it-slone installing small coal-fired generating units. * .The city s `iii gher gate structure was one reason for the lose of the College $tation load. 1 1 i 2, Purchase future energy requiremet;ts as wholesale power from &.neighboring utility, 3, Sell the muni.cipel electric system to another utility. 40 Acquire shares of larger generating units to be built by others. 5. Participate with other municipalities in a joint action agency, such as TWA, to acquire capacity or construct, and operats large generating' units and the asteciated tra,bst+seion. Our interviews with the present officials in the City of Bryan indicate that the City did not undertake a formal„ independent and compsratiwe study of the preceding line alternatives prior to the formation of 'lltPAe to b ; 19'16, the City of 3ryan executed 's bower gupply (lont>caet which Mtes~bur eati~ely *10mente'd the last s;lternativs shown above -"A committed the City to`psrticipsiioa in`TOA. 34 City of Datiton The City of Denton is located 18 miles north of the Dallas -part Wdrth Regional Airport and is strategically located at the junction of two i interstate and tvo state hithways,, As a consequence' Denton has shared in the industrial growth experienced in Borth-Central Texts since 1960 white maintaining its traditional role as the center of commerce for a rich agricultural region, Between 1960 and 1970, the population, grew 48% and by 1978 was estimated at 420900. The City's growth has also been influenced by simultaneous, expansion nt the nearby Texas Woman's University and North Ttxas State University, ' The City of Denton operates its tminicipally-owned electric system at a separate utility, In 1978, the system experienced a peak demand of 114.0 XW. Exhibit 11-6 displays this 1918 peak load figure and outer annual peak load values dating back to 1966. Exhibit 11-7 shows that the demand on the electric system grew at a high rate,, about, 10.3% per year, between 1963 and 1974, but at a slower pace, approx~,mately'2.0% per year, from 1974 through 1976. The dashed line, also shown on Exhibit I1-7, represeits the load forecast made for the Texas Kinietpal Power Pool (TMPP) just prior to the formation of TMPA. In 1914-1975, Denton's electric load was projected to grow at 7.1% per year through 4990 with they maxiotm demand in 1990 estimated at 315 MW This projected increale in customer requirements implied that Denton would enter a deficit ospacity' position as early as 1979 and by 1990 would require 194 MW of additional production capabill~,y to augment the 169 MW already in place. The Denton electric system has fire diesel generating unite' and five 54s-fired steam-turbine units, as shown in Table * The d,ese units are eapab'le of running and are tasted periodically but are not: counted as part of :beuton'e accredited capacity in the balance of this report. r` 11-7 Table 11-3 Generating Capability. City of Denton Net Ratin Fuel Installation Unit MW (11 Capab~lity Rote (2) Denton Steam(l)#l 11.60 Natural Gas 1953 02 1460 Natural Gas 1955 I j #3 25.4M0 Natural Cgs/Oil 1962 14 60.00. Natural C*O/Ul 196$: G ,~s $0.00 Natural Gar/oil 1073 • x"38' Ofesel(Z) I1 Natural Gas (3) 1948 skt Natural Gas1948 #3 11.90 (3) tlnuura2 CeilOi.,1 1950 i Natural Gas/011 X953 03 Natural Ghs/oil 1954 (1) "Coemcho Peak Participation Study", T"A, 'fable TV-1. (2) Annual Report to YK for Year lading Oeptowber 30, 1977, Fora, I-M " (3) 1977 Power System Statement to MC, form #12 All of the City's generating unite are dependent on, natural'goe or petroleum products as primary fuels. in 1975, the future availability of these fuels for electricity production' was expected to be curtailed by legislation, by administrative *diet or by early eonsumptior, of the available reserves, The City had alroady experienced a sharp increase in fu31 costs with additional increases expected to follow. In 1975, for example, the average rate for all electricity sold by the City was 2,0834/kWh. The fuel coat component was 1.0300/kWh or about 49% of the total perwutit , cost. For comparison, during 1972, one year prior to the OPEC oil embargd, fuel expanse in the City's rate structure was only about 0,3234/kWh and 22% of the total average coat, other data related to the growth in electric rates experinaced by the City is shown in fable 11.4. II-8 Fable 11-4 Average Electric'Rates - City of Dentorfl)(2) _Fuel Debt Other Total ' Expeaee service Expense Average Year Component Component Competneltt Rate 1968 0,321 14665 1969 00315 0.438 00926 1.679 1970 0.315 04376 00896, 1.577 1971 0.315 0.394 04849 19558 1972 0.323 0.364 0.813 10300 1973 0,498 0.4$3 - 0.658 1.639 1974 0.482 0.3$9 0.589 1,460 1975 1.030: 0.402 0.651 2:083 1976 7.564 00371 00866 2:601 1977 1.867 0.378 1.294 30;39 (1) 1968-1972, Data to derived frosl "Financial Feasibility ;study, 'faxes X"icipal Power Agency...", R. W. Seek and Associates, July 19761 Table VXI"3 end VI>` 4, (2) 1973-19771 Data is derived' from 'x$2501000,000 Texas Municipal Parr Agency Revenue Sonds,'garias`I"nbp%' Saloma~ brothers...etc., August 39 1978, By 1975, the electric rates offered by the City were beginning to exceed those offered by `Texas bower and Light Compa;aq (TP&L1. Exhibit I1-8 shows a comparison of the residential rates for both the City and T'P&Lt and indicates how the competitive advantage formerly enjoyed by the City was dster,`gratiig. The City had a history of higher rates in the commercial aid industrial catagories making it difficult, for the City to attract new industry and employment, See 8xh bit 11-9. In summary, the Denton City Council apparently had the following motivations for approving participation in TMPA in 1975: • The City had 169 MW of existing generating capacity all dependent, on gas and oil as' fuel sources. The availability of natural gas as a boiler fuel was expected to be curtailed. e The load forecast projected the need for some additional capacity in 1979 and a total requirement for 194 MW of new production capability by 1990, • The Ci,tyfa electric rates had increased shavply and additional increases were expected unless alternative domestic fuels could be tapped. ` Clearly, the City had a power supply 'platutiin,j problm which was not aatnable to Aoluton by adding mother gas-fired steai~ unit, With hinde4.gnt• however, the following alternatives acre probably availablss ' 1. Continue to go-it-alone within the TMPP by adding mw11 coal~firM generating units. 2. Purchase futur: requirements as wholesale power from a neighboring utility, 34 sell the municipal electric system to smother utili;y. 4. Acquire shares of larger `generating units to be bailt' by others. 5. Participate with. other municipalities its 'a jotont action agency, such as MMA,, to acquire capacity nz to construct Md operete large geae::titng units, laterviews.,with the present City officials indicate that Denton did not undertake an independent study of the preceding altoftiaitives belors acting , on the last alternative and joining THYA, A subsequent management study j Perfpxped for Dsinton by Gilbert Management Coasultants, 'Inc, in 1977, did evaluate the alternatives and conoludadf after the fact, that the ` use of purchased power sight have beat a viable alternative to Denton's partiei,patiw: in TXPA. An 'opinion rendered ; by the Denton City Attorney, hcr4evert concluded that Denton was irrevocably committed to UMA's Gibbous Creek and Comanche Peak Projeets under the terms of the Power Sales Contract, The City Attorney also Pound that sale of the electric system waa subject to constraints imposed by both City ordinances and the bond indenture. ,A more recent forecast approved by the City estimates,the 1990 load its Denton at 318 MW based on an annual growth rate of 8.92 per year from 1978s This receat estimate is shcwn by the dotted line on 'Exhibit 11.7, It suggests that the City is prajoctiiig an upturip in the electricity growth rates causing the most recent 1990 load estimate i:o closely approxime,te that found in the ealier stud eonductad in 1974-1975. "'t'ree City and DIPA are reviewing this forecast in light of the slow growth experienced in the electric eyatem between 1974 and 1978. ' B.3 Citx of Garland The City of Garland is located in northeast Dallss County, ' approxirtttaly 14 miles from downtown Dallas, The 1977 population is estimated to be 128,600, an increase of 582 from the 1970 Census and 2342 from the 1960 Census figures. The City rotatains about 300 industrial' concerns engaged in diversified activities including electronics, food distribution, metal fabricationt tool production, food packaging, clothing manufacture and aiaembiy of heating and coaling units.' The City is in close proximity to six major educational institutions and lies in an independent school district enrolling about 30,000 students. While the city is continuing to grow ■s an industrial center, the rate of expansion should slow somewhat over &o next decade as the City, is approaching maturity as part of the greater Dallas area, i ■ zx-la r Garland operates its electric, water and sewer system as a single utility. In 1978, the maximum demnd on th, -electric system was 285 FM asking Garland the largest participant in TMPA. Between 1963 and 1974, Garland's electric load grew at a compound annual rate approaching' 15.0X4 In 1974,a maxina demand of '233 MW was experienced and the Preliminary Power Supply Study peeformed fq 2'MPP estimated that the high annuel load gxowth might continue indefinitely reading to a demand' figure of 11953 MW in 1990. See Exhibits II-10 Aad 11. This growth forecast implied some disturbing conclusions. First among these was the crnalusion that Garland would become M deficit in generating capacity by 1978 and would have to ;ilterease its axiating and oomitted generating capacity by a factor of 5 before 1990. The Garland electric system has two gas-fired steam generating stations and one diesel plant, having an aggregate capability of 432 Mtt. Table II-5 lists the installed units together with their ratings, fuel capability and rtes, The diesel units are rather old and only two of the omits are serviceable. These units, with 4,,spwbined'amt rating of lsss than 9 Mi, could be used dwriog a total blackout,` V'ut` should not be counted as us able capacity for planning purposes. Table II-5 GsnerstinS¢apabilij -City of Garland Net Ratting Fuel Installation Unit(1) ~ ~(1) Capebil ty(2)` Date (2) C.E. Newman #1 6450 Natural. Cam/Oil 1957 f2 8050 Natural Gat/Oil 1957 93 1640 Natural Gas/Oil 1964 #4 16490 Natural Grp/Oil 1961 $5 42.00 Natural Gas/Oil 1964 Olinger 91 75.00 Natural Gas/Oil 1967 02 110.00 Natural Gas/Oil 1971 #3 146,00 Natural Uae/Oil 1976 Subtotal 423.80 Diesel (2) 01-7 8.68(2) N.A. 1929 - 1954 TOTAL 432.4$ (1) "Comanche Peak Participation Study", TMPA, Table IV-1: (2)'Aanual Report to FPC for Year Ending' September 30F 1976, Form 1-M Exhibit II-10 shows that the forecast prepared in 1974-1975 indicated a need to augment the above-listed generating capability by at ieaat 57 MW in 1978 and that 10800 MW would have to be added by 1990. This was a power system expausioa and financing problem of trily, massive proportians since Garland's Olinger Unit Of then under construction, was rated at only 146 MW 4. 111 mod lead time of five to ten years were, anticipated for bringing ne`.r large units into **rvice. The probleie facinig the City of Garland was additionally compounded, by anticipatad curtailments in the availability of natural gas for the existing boilers. At the same time, fuel prices rose dramatically. Table 11-60 below, shore the historical average unit rates charged by Garland for energy sales between 1%8 and 19770 Table 11-6 Averg! Electric Rates - City of Garland 1)(2) ruel upwoo ba~t service Other Expense Total Average Tear Component Coespo>sant Coseen"t snit hate r.._._...._..._ 1968 .257 1.361 10616 1%9 .248 1.321 1.569 1970 .249 1,284 1.533 1971 :242 1.255 1.497 1972 .290 2.137 1.427 1973 6455 1.03 1.485 1974 .494 ,372. .876 1.742 i 1975 10064 6365 .829 2.258 1976 1.438 .401 4845 2.684 1977 1.735 .352 1896 2983 (1) 1969-1972, Data is derived from "Financial Feasibility 'StuAy, Texas Municipal Power Agency. .4"t R. Wt, Back and Associates, July 1976, Table VII-5 and V"11-6 o (2) 1';73-1977: Data is derived from "$230,000,000 Texas Municipal Power Agency Revenues Bonds, Series 1978." Salomon Brothers,., etc., August 3, 1978, pp, A 25 and A 27. From 1968 to 1975, the production fuel cost per kWh increased 314%. ' The fuel cost reached 1,0641p/kWh in the same year that tits City Council was asked to endorse Garland's participation in► TMPA. The data available to the City suggested that further increases in gas and oil prices were likely and that participation in TMPA night give Garland's customers access to energy from coal and nuclear units with more stable fuel cost characteristics. As Table 11.6 shows, Garland's fuel costs have continued to move upward as anticipated when TMPA was organized in 1979. Exhibit 11-12 shows another facet of the planning problem faced by the City in 1975 and since. As fuel costa rose and became a larger part of the average unit rate, the rates charged by Garland began to approach parity with those offered by TP81. and Dallas Power & Light Company (DPW I Exhibit 11-12 shows this change in relative rate structures experienced by the residential class. As the percentage difference in rates decreased, it became I ' r a II~12 increasingly difficult for Garland to coMete for new industry and employme'ut. This problem was expected to become more aauto unless the City could participate in coal sod nuclear units with fuel costs comparable to those estimated by the investor-owned utilities. Garland, in 1475, thin had a power supply planninj problem similar to ' those faced by Bryan and Garland but tompiicated by larger scaling factoret s The City had 424 MW of capacity in place or under construction, but the units were designed to be fueled with natural ;as and oil. The future supply and cost of these fuels were scored by large uncertainties. e The load forecast available in 1975, showed that the City would be deficit in capacity by 1978, only two years after completing Olinger Unit M. Future Garland capacity additioxs totalling more than 1,800 MW were anticipated in the Power Pool plans. e Energy prices based on gas and oil _costs ware rising rapidly putting the City in a difficult business posture vis-a-vis the neighboring investor ad utilities. The City needed to establish access to coal and nuclearwd*rived energy sources. In addressing the power supply problem, Garland like the other Cities, probably had five alternatives, 1. Continue to go-it-slope within the TMPP by adding coal-fired generating units. 2. Purchase future requirements as wholesale power from ' neighboring utilities. 34 Bell the municipal electric system to another utility. 4. Acquire shores of larger generation units to be built by others. 5. Participate with other utilities in a joint action agency like TMPA to acquire capacity or to construct and operate larga generating units. Personnel within the City of Garland have indicated that no formal and independent study was cooducted by the City to compare the preceding alternatives, Alternatives 2 and 3 were even hard to contemplate since the City had struggled over many years to maintains its eleczr,ic system as a municipal function while the Texas Utilities Companies expandee; throughout the Dallas-Fort Worth area. The City council approved Garland'i participation in T14PA during 1975 thereby adopting Alternative 3 shown above. r In the period since 1915, electric sales in Garland have departed` frnn the data forecast in 1974-1973. Exhibit 11-11 shows that the' peak loads experienced by the electric system have increased, at a compound annual growth 1 rake of about 5.2% 'compared with the 13.8% rate anticipated in the prior forecast. An updated and lover load projection was adopted by the City in 1978 as shown by the dotted line in Exhibit 11-11 eased- on these revised figures, the dar'land system should not experience a capacity deficit before about 1942 when THPA's Gibbons Creek Unit #1 enters service. The estimated 1990 capacity deficit has also been reduced by about 11300 MW to 539 MW. TKPA and the City of Garland are conducting mother review of Garland's capacity yteguiremmts based on appraisal of the 1978 peak load which foil short of the forecast published in the Official Statement dated August 1, 1978. ' E.4 City of Greenville Greenville, the Hunt county seat, is located 43 miles northeast of Gallas and is at the outer boundary of the Dall"-port north region which underwent rapid indnstriai growth between 1060 and 1970. As a consequence, the growth in electrical load' axperieaced by Greemillo's utility systesi_ between 1%3 and 1974 was lower t4n'that observed in Garland and Denton. The City of Greenville has a current population satimted at 240400 persons.' for roaaparison, the Census figures` in 1960 end 1910 show0d ' populations of 19,140 and, 22,000, respeatiwly. zoploymat in the City, is fouvOed on both manufacturing` and agricultural enterprises. The prinary manufactured products include needlecraft, electrical equipsinnt, furniture, ' ' rails, drills and electronic components. Cotton is the most prominent` agri(A41 tural crop. The Greenville electric system operates its electric, water and sewer systems as a single utility. The electric, system has three gas-fired steam turbines located in one plant and eight diesel generators locateA in r second facility. The aggregate installed capacity is 100 MW as sham in Table 1I-7. 777 7 T II-14 Table I1-7 Generating CapabilitZ CitZ of Greenville Net Rating Fuel Installation Unit MW (1) Capabilitg(2) Date (2) Greenville Diesel #1 .49 Natural Gas/Cit. 1933 42 .79 Natural Gas/tail 1933 #3 1.07 -Natural Gas/Oil 1935 44 1.20 Natural 0*0011 1942, 03 14-70 Natural '"SY&I 1948 M 2.70 Natural Gaaail 1951 I #7 2.70 Natural Gas/Oil 1933: f to 4435 Natural Gas/Oil 1962 Stem #1 18.00 Natural Gas/Oil 1166 42 25.00 Natural Gas/Oil i~40 #3* +42.00 Natural Gas/Oil 1977 TOTAL 1Q0 00 s'Capabla of burning oil continuously. 1. "Comanche Peak Participation Study", 9' ?A, 'fable IV-1: Capabilities of Cities Generatin Units. 2. Annual Repurt to M for Year Ending September 30; 1975 Forst I-M. In 1974, Greenville recorded t peak demand of 51.3 MW. This load level was attained following about four years of growth at a_compound annual rate of 3.62. Exhibit I1-13 shows that a higher growth rate, 11.9% per year, was experienced during the 60's. I In 1974-1975, as the City Council deliberate' participation in TMPA, I Greenville was in the process of building a new 42-MW steanrfired unit.. The load forecast made in this same time period assumed that"Greenville's loads I would continue to grow but at a modest annual rate of about 3,8%. Beween the I new plant under construction and the constrained load forecast, the City of Greenville was projected to have no need for additional capacity before 1990. See Exhibit 21-14. Unlike the other three Cities, Greenville's participation in TMPA was apparently founded on reasons other than a pressing need to provide additional electric generating plant. Greenville's generating units all require natural gat or oil. In 1975, tha long-term availability of these fuels was in question as it is today. Providing a secure source of energy for Greenville's electric customers was one sound motivation for exploring participation in TMPA. Joint action with other municipalities was clearly an alternative for gaining access to energy-from coal and nuclear units. The City of Greetivilla was also experiencing large increases in ''fuel costs as it considered' participation in THPA, Table 11-5 below shows how the fuel expense component in the City's average unit rate increased from 0.3450/kWh in 1%9 to 1.1;391/kWh in 1975. This 3-fold Jump in fuel, coots was expected to be followed by addit;,oral incres ;is in the price of natural BOB. These `further increases occurred between 1975°' and 1977 as shown below in Table II~B. Table II-8 Average Unit Rates - Citx of aresaville(1)(2) Fuel Expense Debt Service Other Expense Total Average Year Component Coat~ent Component hate 1968 04390 1.452 16842 1969 0.345 00383 1416; 11891 1970 0,291 0,425 1.144 1.660 1971 0,310 00389 10069 10760 1972 0.344 0.360 11169 19473 1973 0.587 0.396 1.013 24058 1914 0.645 04373 1.063 29081 1975 1,139 0.356 14149 2,644 1976 1,679 0.412 .4099 3.19 1977 2010 04567 1.061 3,728 (1) 1%8-1972, Data is derived from "Financial Feasibility Study, Texas Municipal Power Agency...", R• WAeck and Associates, July 1976. (2) 1973-1977p Series 978"fr flSalomon 1 1Brothers,Texas Municipal Poser Agency etc., August 3t 1976.:.. Greenville's participation in TMPA use thus a had a against even more radical increases in gas prices in the 19841i. The Preliminary Power Supply Study conducted for 7XPP argued that domestic. coal and uranium supplies might exhibit more stable price characteristics than oil or gas, if the cities could jointly acquire a coal mine and build a mine-mouth plant, they would conceivably have some c^,ntrol over future fuel costs. As in the other Cities, Greenville had long taken pride in its electric system which supplied energy at costs below those charged by the neighboring investor-owned companies. Surplus revenues from the electric I system also helped to support other City functions and to reduce the talc levy. By add-1975, however, rising fuel costa had caused Creenvil,le's electric metes to exceed those' offered by TP&L, See Exhibits 11-15 and 16, Tht~ City could anticipate increasing difficulty in competing for industrial customers and in justifying its municipal utility operation unless it could sseure access to coal or nuclear energy priced similar to that held by the investor-owned companies. k LN.,:~ r .i In 1973, then, Greenville was in the following position regarding its future power supply2 s The Utz had 100 MW of capacity in place or under construct,tora. All of this capacity was dependent an the continuing availability of gas or oil and the supplies of these 'fuels were threatened by government intervention in the marketplace and by dsPletika of the basic fuel reserves. e The most recent load fore"al: available to the city t indicated that no additional capacity would be weeded before 1994 at the earliest. e Rising fuel prices were causing upward movement of the City's electric rates and were placing the City manicipal system in an unfavorable position versens the neighboring investor-owned companies. The City of Greenville thus had two of the three motivations Which t' ware influencing parer supply planning in the other &rss Cities. Oremwitle also had the same fives alternatives available to. the other manicipelities, These included, buying purchased `poorer,' selling the system, participating in joint units, continuing to build small plants and joining 7M*A, The City Council apparently hosted a lengthy public meeting to explore participation in TMPA but no formal and independent study of the alternatives was conducted, In 8eptemober, 1976, the City Council formalised Greenville's participation in TMPA by executing the Power Bales Contract. In August 1978, x revised load forecast was approved by Greenville in preparing the Official Statement for the Revenue Bonds, Series 1978 This new load forecast, displayed in Exhibit II-14,` was 'higher than the 1974-1975 version and suggests that the City way need Additional capacity by 1983. TMPA is sponsoring further work an this load forecast during 1979 to confirm the City's generation needs over the next 15 years. Cr Relationship to Brazos Slectrin Power Cooperative. Inc. 'While the Texas Cities of Bryan, Denton, Garland and Greenville are the present participants in TMPA,:the Agericy's formative history also involved the Brazos Electric Dower Cooperative, Inc, (Brazos). Brazos still provides transmission and dispatching servitces for the four Cities so it remains an important organization in the future of TMPA. Brazos is a non-profit torporakion organized and existing under Texas Statutes, Article 15269 V.A.T.C.S, itrazos was formed in 1941 to provide wholesale poorer supply to rural electric distribution cooperatives in the unshaded area shown or. Exhibit 11-1. Brazos currently serves 19 such cooperatives who, in turn, provide retail service to an estimated 1801000 customers, The member cooperatives required 117210550 MWH in 1977, an increase of about 9% over energy deliveries recorded in 19764 tY-17 Prior to 19169 Brazos portieipated with the four Cities in the planning conducted by the Texas Municipal Power Pool ('1HV?) that ultimately led to the formation of TMPA. In the Preliminary Power Supply Study published in March 1975, for examtplet Brazos' capacity obligations were counted among those b to be served from the consolidated resources of Brazos and the Cities. In 1974, Brazos had a peak load estimated st 356 MW. This load valucp and earlier demand data, are shown in Exhibits II-17 and IS. The historical data indicates that the Brazos' system had experienced at least tea bears of exponential growth prior to 1974 with the compound annual growth rats at about 13.12. A similar grow h rate was used in 1974-1975 to project area" capacity requixaseents to 1990. Thia forecast iadioatied- that the Cooperative would enter a deficit capacity con41ti*o as early as 19779 and that approximately 20000 MW of additional generation would be needed by 1990o sincethe combined deficits estimated for all of TMPP were about 4,400 MW in lWq the Brazos' system was to be aaminally responsible for 472 of the wins capacity to be acquired. I'd 1979-1916, as joint generation and transmission planning contimed, it became clear that neither the existing Texas )l:mi.cipal Power Pool nor the, legislation underlying WA here adaptable to the joint lnsaliaS. of major projects by the Cities; and raaos -This fine"ing lad to the formation of s new entity, the Texas Poorer P0010 Inc. (T'pPI)o which, in concept, would haws linsaced constructed Amd 'operated major facilities oa behalf of THPA and Brazos. The proposed organization relationships are depicted belows Teas Municipal Texas Power Poolf Brazos Electric Power Agency Inc. (TPP1) Power Cooperative, xnc. TMPA (Brazos) 'I Aryan . Generation 19 Member Cooperatives Denton Transmission Garland Fuel Resources Greenville By 1974 the TPPI concept was abandoned. TMPA assumed responsibility for the Gibbons Creak Project (formerly knows, as the Bryan Lignite Plant), and Brazos moved independently to develop the San Miguel Project an the Atascosa' lignite deposit in South Texas. 7- y J Er 1171, peak load growth in the `?Brazos system had slowed snd the annual maxi 'demands recorded by Brazos were significantly below those projected 'in 1974-19756 . Brazos, however, is proceeding to build the 400-KW San Miguel Unit in cooperation with the South Texas Electric Cooperative (STEC) which will finance one-half of the capacity. Brows, STEC and Medina Electric Cooperatives, in turn,, are all tiaen ers of the San' Miguel Electric Cooperative, Inc., which is expected, to becotm the owner/operator of the San Miguel Plant. Brasos owns end operates about 2,000 silos of 69--kV and 138-kV tics Waission lines and numerous substatione s This network igtereomaeats tha 19,m6mber-cooperatives and also provides certain transmission services for that fi esr Cities comprising tMPA. At the present time, Brazos is also involved in the economic dispatch program launched by the Cities in 1977 to sake snexisas use of the most efficient generating units in the Cities inventory. A foneratios achrdule, calculated in the Garland xnergy Control Centers is administered from the braso: Sispatch; office in Vacov Texas. Planning is underway to strengthen commAication ties between the Waco office and the generating facilities in the four Cities. D. s Municipal Power Pool In 19630 the Cities of bryaa, Garland and Creenrville, along with Brazos Electric Power Cooperative, Inc. (Brazos), entered into an "Interchange Atreemsr!t" forming the Texas Mui%ieipal Power Pool '(TMPP). Denton joined the Pool' in =1961. The interchange Agreement provided a vshi,cle for the participants to coordinate the planning and use of generation 'attJ transmission facilities, to share reserve capacity and to supply spinning reserves. The operations of TMPP were administered by a Pool Committee comprised of two representatives' from each City. The City Managers, the Utility Directors or other utility staff personnel suers usually chosen as the representatives frnra the respective Cities. The Intoechange Agreement, among other things, called for each participant, for • Maintain an installed generating capacity equal to at least 115% of its annual peak load. 0 Install generation, transmission and substation equipment so that the Pool could sustain the loss of its largest generating unit or any transmission line, e Provide annually a five-year forecast of peak loads. Said forecast was to be ni)t less than a straight-line projection of past peaks on temp-log paper unless a lower forecast wits - approved by the Pool Committees 1 y 0 DeteMine, by independent study, the site of its own pleuned generating units._ Only the timing of unit additions *is dwrdinated by the Pool, The affect of Pool planning vat that the Cities alternated in the installation' of new generating unite as shorn in Table %1~9s Table II-9 Schedule of Generating Unit Additiona - 196 3-1978 nit Additions (xv) I X.,,_„. rn D,t A Cate, C~..._.-..._..~ g........r 40 f 1964 42 1965 ' 1966 25 60 I8 1967 75 196a 79 a 1969 3q 25 1970 ^PROW 1971 110 MUM" 1972 116 1973 60 1974 21 ~ 1973 100 1976 ~--146 1977 42 I 1978` 100 All of the steamr-turbine units ?Astalled by the four Cities were designed to use natural gam as the primary fuel' with selsoted units also equipped to burn fuel oil. The units instullm4 in 1977 end 1978 by the Cities of Greenville and Bryan, respectively, were comstitted prior to the imposition of federal and state restrictions on the use of gas as a boiler fuel. The I projected generating reserve ratans achieved through, TMFP planning are displayed in Table XI-10. xx kip , s l Ut- Table 11-10 Historical Installed Reserve Mar ne(1)(2) --Installed Generating Reserve Aa' A Percent of Peak Load-- Year 8rza~n Denton Garland Greenville Braaos TMPP 1%3 274 35.0 (3.6) (24`.6) 67.0 1%4 12.2 19.4 42,1 (3543) 50.8 1%5 4.9 1G.3 34.3 (36.4) 30.4 1%6 47.4 113.8 14.1 17.4 22.7 ' 1%7 30.4 104.9 84,8 3.1 5.3 1968 24.3 86.9 6908 0 3272 53/4 1%9 37.6 _ % *9 90.4 48.7 20.9 34.6 1970 171.3 42.4 22.2 43.6 5.2 26.0 1971 52.2 32.4 70.7 :::.3 0.4) 30.5 1972 2396 19.3 44.2 1$.9 2768 3017 1973 20,00 $1.3 29.6 26.1 13.7 24.5 1974 33.7 3968 1962 13.1 (3.1) 16.3 1975 -2010 39.1 14.8 123 6102 3943 1976 8.6 soot 66.2 15,3 43.4 45.1 1977 1260 50.5 -3705 78.3 42'17 5519 197$ 120.0 47,9 48.7 6$09 'N.A. CA (1) Preliminary Power Supply Study, TM, 1t. W. Book and. Associatast .3grch, 1975. (2) Annual Reports to M for each of the Cities. The preceding table indicates that the participants in TMPP, and the Pool to 4 whole, generally operated with reserve margins in excess of the 15% ;N requirement imposed by the Interchtage Agreement. In fact,, during the last 10 years, the Pool reserve usiully exceoded 252 as a ratio of the Pool peak demand, These excess reserves suggest that some 'additi,onAl capacity savings might have been achieved through more 'comprehensive Pool planning. Excess reserves appearing in the last five years, however, were probably due to a slowing of the historical growth rate for electricity sales and to the completion of new generating units that had been irrevocably committed prior to 1973. In the historical period, the Pool van also apparently successful in scheduling the installation and maintenance of ;generating equipment to sustain the loss of the largest generating unit. Except for five years, the installed reserve"was sufficient to absorb bath the scheduled outage of the largest unit and the forced outage of the second largest wait without a loss of load over the peak hour. This observation is drawn from the calculations shown in 'fable IY~11/ l' 1 i y~ 1 Table II-11 Estimated Ability of the TMPP to Sustain The Loss of the ~VrOrgest Units(l)(2) Estimated Largest 2nd Largest Total Two Installed, Generating Generating Largest Remaining rr!-MW 1 Year Raserve-M Unit-MW Unit-MW Units-tit lose 1%3 77.1 40 25.4 65.4 11,7 1904 8309 42 40 82 109 1965 61.4 42 40 82 (2044) 1,6 124.9 60 42 102 22 a 9 1%7 15710 75, 60 135 22:0 1948 211.4 73. 75 150 61.4_ 1%9 17515 75 75 150 25* 5 1970 141.1 75 75 150 (8.9) 1971 18500 110 75 185 0 1972 21345 xlb 110 224 (12.5) 185*0 1174 18749 116 110 236 (41.6) r116 110 226 (SS.1) 19,75 335.3 200 110 310 2543 1,76 413.2. 200 146 346 .69.2 107 528.1 200 140 346 182,1 ,fable II-11 does not provide a complete picture of Pool reliability during the past fifteen years. Transmission system limitations and transmission line faults could have resulted in an inability to share reserves during generation contingencies, and the preceding table does not uaasure the ' likelihood of such events. While TMPP was coordinating joint planning by the four Cities and ' Hraxos, the area served by these entities underwent mAjor growth. Exhibit 11-20 shoats that the combined electric loads served by the participants in TKPP grew at a compound annual rate of 12.22 from 1964 to 1974. In 1974^1975) the Preliminary Pottier Supply Study conducted for TMPP projected future load growth at a compound annual rate of 11.6% through 1990, This growth- rate, effectively a straight-line projection of past peaks, is also shown on Exhibit II-20. It suggested that the Pool would need additional capacity in the e approximate amounts shown its 'fable Ix-12. s°; ,r fns ~a~'}'; Table Ii-12 1974-1975 Forecast of .TM Capacity„ RegiregAmts Estimated Estimated Additional TMPP lnture Capacit* Year Toads MW Requirements MW X774 - Actual 831.5 1975 rarecast 981.7 1976 1,098,8 1977 1,233.0 W6 10365,1 97.8 1979 10523.6 275,2 1980 1,700.6 476.7 75.8 11 10898.1 1962 21118.5 959.3 1983 2036496 1,242.3 1964rb39.2 19558.2 1985 5945.8 1,91046 1446 3~,;87.9 2,304.1 196? 3;649.6 20'743.3 1966 49496.0 3,233.4 1969 44IL 8 3, 784.3 1994 5,104:3 41393.0 i Exhibits 11-19 mad IX-20 provide additional details on the load SUO capacity forecast shorn above. The forecast prompted TMPp to propose the specifi unit additi.oas detailed in Table 11-138 y ~II-23 Table 11-1J Capacity Additioas Proposed by TMPP in Preliminary Power 'Supply WStudy, 1974-1975 Planned 0404C it- Mil Units Dowd cumulative deserve ' `Actael.y W. . Year MW Addition To_ tal Ratio C.rmittod 1978 10365 Coeb. Turb. 90 s0 1,582 1.16 1979 11524 Coub. Turb. 160 240 1,742 1.14 1980 11701 Atascosa.Lignite .200 '440 Cass obe teak 115 555 2,457 1.21 Nuclear 1941 10898 Atascosa Lignite 200 755 21737 1.19 1982 .20119 Comanche Pack 115 870 Nuclear Bryan Lignite 400 10270 20772 1631 1963 29365 34aa' Ligtri,te 400 1,'670 31172 1.34 j 1964 2,639 Bryan Usti" 400 2;070 3;572 1.35 for otber) 1"5 2946 -y- 20070 3,572 1.21 l%% 3488 Wee. Participation , 400 2,470 30972 1421 1967 30670 Ringgold Coal 600 "3470 40572 11.23 1966 4,096 Village land 800 39970 50372 1.31 Pumped storage j I 9 2 1 1"9 4p572 1990 5l02 Villa e Bend 1 200 5 070 6,572 72 1.2 r 8 s r Nuolear 1991 5,694 Comb. Turb` 350 50420 6,922 1.22 1992 61354 Village Bend 1,200 6,620 81122 1.28 Nuclear 1993 19092 6, 620 8,122 1.15 1994 7,914 Avderson Nuclear 1,200 7,820 91322 1.18 I $utsequent to 1975, a slowing of load growth is the Cities led to major adjustments is the power supply planning undertaken by TMPA on behalf of the Cities. Only four units from the list shown above have been committed by TMPA and Brazost respectively. Anticipated rapid load growth, however, was apparently a major factor in the decision to form a joint action agency that could provide electric parer in large amounts. At the present tine, former joint planning by the participants in TMPP is in a state of suspension. The Pool Committee, which administers the ' Interchange Agreement, has not met for more than 12 months sad the Cities (through TMPA) and Brazos are proceeding in0ependi►ntly to build the Gibbons Creek and San Miguel lignite units. A clash of personalities between t%a management of Brazos and the former management of THPA apparently contributed to this v parati.on. Informal contacts among the staff personnel in TMPA, the Cities ana Brazos have continued# however, to maintain coordinated operation of their respective generation and transmission facilitiese r z rr F 11-24 2NPA, ar an entity, is not a Member Elf, the Texan Municipal Power Pool nor a member of the Texas Interconoeeted System (TIS) that eoordinster transmission requirements 'among all of the utilities in Texas. Brazos has apparently been reluctant to deal on a formal basic with INPA since THPA has no IsXal standing In the Power _Pool. The Cities have also been unclear_ about the role that T"A is to play in their planning and operations, Brasov has preferred to and to dealing directly with the Cities. Continuation of this arraug-- , t is not only counterproductive to the ultimate goal of the Cities in the planning and operations of their power supply, but is redundant and expensive. The Cities should officially designees TKpA a; their representative to the T284 r r r r r r I r r r r r , r x S i- t l., , "fit ' Exhibit 11"I TEXAS WM1C1'PAL POWER AGENCY MANAGEMENT STUDY r ' LOCATION Of PARTICIPANTS IN TEXAS MI1' "IpAI POWER AGENCY AND;TEXAS MUNICIPAL P*C 1=OOL STATE of TEXAS • :r : t It 0 t 112 fI'sSf# f 1.:1 DENT CI OR ENVILLE#33 #3# fi12#2: {~1:#Sttr'i#:L' S'1•a13 137'tt 11#7f##t# 111#=#• I15#.#=#1#'/5121 3; f s1 ' ° 1COMANCHE 6ARLANO1t 1 :`3# • ii. l1;211 O 2, # 401:4440 :'ftrf r' PEAK 1,11, 11./.05. It } ..tt:1# • CALLA 1.,1..., . IN f1. art• •5!• 2.;1 M 111 11.111. • 11 •55 • HS= • 3 „ 0511.1111 HI!!\1111# I .1/ ~ • 1 LN 515 • 1 1• O•• ~ 113• 511{1tt{51 111{ ♦ 1 f 1 U/•1 .1 , ,1 SSt..1..1 . #•#t # . 1,; . 5.... # 2 uj ts,.l 5..125.7, ...1.1::...671.1 . 1. Y, / . 1•• 1.1 , j .1 .11.• ,.....f 1.11, , •,.f i... 22.. Si; 4.5#,1..112 . S...t.5t....1 1•,.5•.5,5.7. 1.11: BACO 1....2=1112..33 1 . . . . It 111. . 11 .1 f, ..•.f,l 1i. 1 22 , t 1115,1#1.5 1t.1 .#1 5;17,♦n•5.#?.IS;.,f111in#11,.:. n•. ;.511 a,., s1: ..1 .1. .1 i . ........1/.1.'1 .1.. . , . . 1 .1.2.. 1 13,1 ,1.1,1 1.. . , ..s111s ...#.2.#:.: 15{5.1.1 .•f,•s#.11.112.,12 } • BRYAN 8IB11l1NS, 1.• n♦1;.}}11.1 !1.1 1. ,112{13 . .r i.nn1 ,•1 l. 111 • 1 . u f. . !.5 1• 1u.1u7u1 of 51, . CREEK I n u rul,u22 2 i. ♦2 •#SSn.ufu. * 337 51itsl `..,1j,t#SSt1.i1 1..111 511•;.... S 1 ;.UU ,.....,.H . U, . 11 11 H1/1 I, .L tit H .i : . .2 ...1. 1..;..t•1.. 1 1.1. t.1..5 .1.. t.1 .16t .0011 11 a.1...1 1,.... ...1,.I It,./:. No 1 . .1....1..1.1111..1...,. .1 L i , ,1..1 1, .1 . ....1.. .1..,,ta ii... .111, 2 , 1 f. a.as r1 ff..../.11.♦\. SH l,II 1N11f..,..,2.#S1a.f ,.1..,f, •,ii.3. 0..11 .1 i,. ...1. .......,1.1,1. . 11, .11 1 01.111,,,1.1.. .!..HOUSTON' 11 , 1 0.13. 1.. .1.17 .,ta .51 111..11 1i....,. 1.....,...... .5.,...1..0 1.1..,..1., ..11....111.1•.1 „1 •..1 }1.5 i... 1 , 4'~' ♦ 1 ,I..n f 1.... . 1 ♦f1.1,S .1 i. 11.111..11. . . . 1 1.11.. .1 1.. 1 fu3.. . nl. 1.... ♦ , 1. .1. 12 .•.Ifa 1 .112..1.11115 ",.1 511.7.1.111:11{121.,}1...1. 101.1.,.11 „ii.•1 .1 1.11 . . 1, .1.. ...1., 3... :1... .f. 11' 11•} H.f11.r 11 . 1111.., i31U1 31...." .a...5.2 a. 1'5,#115}::a#i~ 2 It . .1. .,1 1 11201 r.}117 .1f11t 771...n c .#t..♦1 1.11..#, ,.7 :...7.1..1!5110 1.5,1;77.1 :.1 •1. SERVICE AREA OF BRAIDS ELECTRIC f11 12 11..131 11• .11#1 5 1,..,.. . ' ,.1. 11.1,1.....2..1 ...1,.,. PARER COOPERATIVE ..#I1 111.11,t♦ Hal 1111' j 211 . 21 .1+I S.l, .1114.11..1 ♦{7tt1,t;}21 ♦.y,• ..141011.14.,.. ~ j KEY , . 1.. • 1 1 1 . .11.1 33111t,,.31.1111. o POWER STATION 1}Si1==515 * TMPA MEMBER 71..113} ; Sf;} ••11:7.22'. I, j :f t ,1 St I.";3 :f p c. ,~l . . •`r °~f".4?'S; .40 :1 Y'$1A6 Id1R10iPAL PRI►1R AO1NCy lIAIPAOIbI11iN'f 8T00Y 197IMA1R0 OAlACIIK N'1.9fiIRC1(LNYB City Of /1►lAN t i (~raceBt. 24784 Avingi Peak Ynatalled Hatlx►atod QAp!aty Oapac(ty Gatiratcd Capao ty 6apacry ryNU total ' O,tp(sclty peAk Load Ob.....i surplus or (M1t) Deficiency ~g4k,"kH) ~ Obll~ surplus orDeficiency Year 9ystaw2r5 8yat=m5 ( m . .........(WOO 1966' K.A. 69 1%9 5(i,g N.A. l19 1970 6110 69.4 119 1971 10,4 78.2 119 1172 1105 96.3 119 1113 81.4 99.2 119 1974 aE.9 105.5 140 1975 89.1 116.7 140 150.4 173.0 (33.0) j 1%76 9116 12119 140 144.1 U9.4 f~l 4) II 1971 95,1 125.0 140 160.2 201.4 (6712) 1!7/ 91.6 10941 240 191.1 226.7 93.3 ti8.3 136.0 10410 1979 240 2)5,4 241,7 (7173 91h 5 130.5 10145 19W 24(k 235.2 2701$ (30.5) 121.2 139.4 100+6 1961 240 25614 ' 104.3 155.!) 129.4 148.9 91,2 1982 240 280.3 322.3 (82,3) 1382 156.9 6).t 1983 240 30915 351.3 (111.3) 147.6 169.1 7013 1964 240 33311 98311 (149 1) 157.5 18111 5819 1985 240 96219 417.3 (17743) 168.2 19314 4616 1986 240 395,2 454.5 (214.5) 179.6 206.5 93.5 1481 240 4300 494.6 (254.6) 19148 220,6 19.4 1"a 240 467.8 538,0 (290.0) 214.42 24616 (6.6) 1989 240 50418 58511 (345,1) (29192 264.4 (24,4) N 1490 2140 559,A 616.9 (796.9) 246,82 28118 (43.8) tl FI 1. Preliminary Power Supply Study, Texas M.ltttclpel Power Pool) R, 1f, aaak and AnsaC(atost March 1975 (Includes Collego Ntetlon Wed) H 2. Land and $norgy proJactfans, Bryan Municipal rlectrtc Hyster, Bryan Utilities, January 1979 (lxcluden 0011e/o Station Lpad) N 1. Capacity OMligotlon ■ Peak Load x 1.15 40 Official atet9wont of Texan Municipal Powar Agency, Revenue Bonds, Sor(as 1918, THPAt August ti 1978 5. Monthly Utility Summary, Utilities Ulvialon, City of Aryan, Roptewher 1978 (Mxnludna males for scale to'1HPA). Information uacd far Bryan Hyntar 197$-197a a r l` u TEXAS MUNICIPAL POWER AGENCY iachib;tt XT-3 MANAMENT 'STUDY ANNUAL PEAK HIS16RICAL AND PROJECTED PEAK LOADS CITY OF BRYAN DEMAND (MW) SOD 000, KOO j / s TOTAL S~TEM _#0000 $00 OR CA$T' 1974-76( 1) Growth_ Rate WIN 00, 00 ,r UTIWATEir: TQT~ sYsm tOA 2r1~ ~ t3row#h Ran0i 948 rotA~ YsrEM LOAF 3~ COLLEGE STATION LOAD ;;k -01TY AND RURAL. Grawth`Rsts+r FORECAST; 1978(2) Growth Rate 6.3% n y/~ "IN 1970-72 1y's% IOO 1972-~76 7:8'A ; 90 1976-78 -87): , 80 70 ACTUAL CITY AND 60 RURAL LOADS o growth Rates 50 1963-88 i l) 1().0% f968-74(1) 7#8% w? 197444(3) , 249% 30 82 64 66 68 0 72 74 76 78 SO 82 84 86 88 90 SOURCES: (I) PRELIMINAR'f POWER SUPPLY STUDY, TMPP, R.W. BECK AND ASSOCIATES', 14AROM 1976 (2) OFFICIAL vATEMENT Of TEXAS MUNICIPAS, POWER A06VCY', REVENUE BONOS', SERIES 1978, AUGUST I 1070 (3) MONTHLY UTILITY SUMMARY; UTILITIES DIVI110N, CITY OF BRYAN', SEOEMSER 1978. (excludes ualss for resale to TMPA) S,at r TEXAS OUNICiPAL POWER AGACY Exhl,bit 11-4 ' 0MAGMENT STUDY COMPARATIVE ELECTRIC RATES FOR RESIDENTIAL SALES, CITY OF BRYAN, 1 ~,p i f 4.0 xCMUTRAL POMER t,LIMT jl CITY Of IRYAN 1 3, SSUL F STATES O L I TI ES; 7z IPA r .Y~ • ..I II Nt.. M', ~ 2.0 0:a-0000- HOUSTON LIGNTINFI r IfA POWER 1,0 r lose 1973 1878 YEAR i 1 CITY OF BRYAN RESIDENTIAL 'AVERAGE RATES ARE DERIVED FROM "FINANCIAL FEASIBILITY STUDY, TOPA...", BY R,1, II?ECK i ASSOCIATES, JULY 1978; AND "$290,006,000 TIIIPA REVENUE BONDS, BY SALONON BROTHERS... o AUGUST 39 1978, CENTRAL POWER i LIGHT, GULF STATES UTILITIES, i HOUSTON LIGHTING i POWER AVERAGE RESIDENTIAL RATES ARE DERIVED PROM "STATISTII:S OF PRIVATELY OMNEOVILITIES IN THE U. S. PUBLISHED BY. OTC A 00E, 188I,a1878; MUSTON LIGNTINO i POME `Af~h I~ IAN. E .;A T> S WERE COLLECTED ~~arie : wer~w t'u`S'~;1C4 , TON. TEXAS MUNICIPAL POWER AGENCY fthiblt 11-5 NANACEMENT STUDY COI~ARATIVE ELECTRIC<RATES ,FOR COMERCIAL IND03TRIAL SALES', CITY, OF BRYAN 5, 0 4.0 SCEN'I'RAL POW a LION ICI OF 80YAN 2.0 2GULF STATES UTILITIES 3HUSTON LIGHTING b POWER 1968 1973 1979 ' YEAR i CITY OF BRY A RESIDENTIAL AVERAGE RATES ARE DERIVED FROM "FINANCIAL FEASIBILITY STUDY, TNP~L . wBY R. W. BECK a ASSOCIATES, JULY 1976; AND N$250,000,000 TWA RI:VEf g BONDS.... BY SALONOM BROTHERS. AUGUST 31 1978, 2 CENTRAL PDt'ER i LIGHT, GULF STATES UTILITIES, 'L HOUSTON LIGHTING & POWER AVERAGE MfIDENTIAL RATES ARE DERIVED FROM "STATISTICS OF PRIVATELY OWNED UTILITIES I N THE U. S PUBL I SHED BY FPC I. DOE, 1886.1978. 3 N6USTON L164TING i PONEII AVtoA .,RATtSr'ISAI BSTINATED BASED ON tEIrARATE CONEIICIAIL ANO INRt! },Ate,. YEARS. loss At A'- I MA8 IIi1M101PAL POOMM MOM )WA(;IXWT SPIDY 88111101 QAPACM 19WIJ►Alt10. CITY OF DOMM Y FOrPeo t, 1974-751 ForRC4L;=ag. r. Actual installed 99t ire te 06PACIty „gapac'~ r ls~t~Tte Wp►aa t) t`apaclty Peak ,oiid gapac (ty Peak l od ObllBatinn 8urp14sn or Atflaioncy FeAk 1.1,44 Obligation Nurplua or Deficiency wv~ 1968 58,0 109.6 1969 69.2 108,6 1970 76.5 108.6 1971 82.0 lpe.6 1912 9110 10816 1979 9710 166.6 1974 10515 168.6 1,475 106.0 14416 )l1i.E 127.2 47.4 1916 3116.0 1486 114.1 117.0 31.4 1917 11210 164.6 l 11811 141,1 21.3 112 120.6 719.4 fill i14.1)S 16816 13717 138.4 10.2 120 118.0 90.4 1979 168,6 1111.4 170.1 (1,5) 113 15511 13,3 1980 '16016 15111 4 18216 (14.0) 150 11215 13.9) 1981 168.6 110.5 196,1 (2115) 162 186.3 (1711) 1982 168.6 182.r~ 210.2 (41.6) 174 200.1 (31,x1 1983 , 168.6 19610. 221.4 (56.8) l87 215.1 (46;5) 1904 168.6 209.4 241.3 (12.7) 201 211.2 (62,6) 1985 168,6 224.9 258.5 (89.9) 217 249,6 (8140) 1985 168.6 240.7 276,8 (108,2) 234 269.1 (100.5) 1947 16846 257.6 296.2 (127.6) 259 29110 (122.4) 1988 168.6 275.2 31615 (147.9) 2712 31410 1909 168,6 2911.0 318.1 (169.5) 2952 319.3 (170.7) 11 1991) 16816 114.9 162.1 (199.5) 3182 365.7 (191,1) 1. ProIl"lloa y Power supply Study, 7nxna Mintclpel Power Pool, R. W. lsock and Associates, March 1975 2. De mood and Energy Vorneasts, Taxaa Mom !zlpat Power Aganey, January 181 1978 9. rnpaclty obligation « prak Laad x 1.1,5 4. OMHAI Atntearnt of Tnxan Municipal Power Agency, Revenue 6roidA, Series 1978, Aullust 11 1971 5. P,. M. Tulloe, Anelotnnt Director of Electric 11011t{Ns, Dontnn 77, TEXAS ;MUNICIPAL POWER AGENCY Exhibit 11-7 MANAGEMENT STUDY ANNUAL PEAK HISTORICAL AND PROJECTED PEAK LOADS, CITY..OF DENTON DEMANO (MIN) 300 r 200 , FO;iBAST, 1974.75 r , Growth RAtc' 7,1x . 000 O1,CASl`Isis r~ I,., earth Iyfta 9>r i L 100 Iaa 90 80 ACTUAL'SYST~ LOADS' Growth Ratos 70 1`963174 10:3% t 1974.78 2.0% 6t1 ' 40 30 20 82 64 66 68 70 72 74 76 7B' 80 82 84 86 98 9O SOURCES: (1) PRELIMINARY POWER SUPPLY STUDY, TMPP,;R.W, BECK AND ASSOCIATES, MARCH 1975 (2) OFFICIAL STATEMENT.OF. TEXAS MUNICIPAL POWE§ AGENCY, REVENUE 80NOS, SERIES 1978. AUGUS r. l F C, t r r. f, : 3 T Exhibit TI-8 TEXAS MUNICIPAL POWER AGENCY MANA41 VENT STUDY COMPARATIVE ELECTRIC „ITES FOR RESIDENTIAL SALES, CITY WDUTON r 5.0 r 4.0 r 1 C I TY a?Ic ~tfEii'!`OPl, r 3.0 2TEXAS POI~EIR A LIGHT r 2.0 ac s r r 1.0 1 h 1r. r 1968 1973 1978 YEAR 1 CITY OF DENTON AVERAGE RATES ARE DERIVED FROM "FINANCIAL FEASIBILITY STUDY, TVA.,,", BY R,N BECK A ASSOCIATES, JULY 1918; AND "5250,000,000 TIVA REVENUE BONDS, fr SALOMON' BROTPERS.. AUGUST 3, 1978, ' 2 TEXAS POWER S LIQHT,~VERAGE RATES ARE DERIVED FROM "STATISTIC'S0r PRIVATELY 0i~ 0 UT1 IVIES IN THE U.S...", PUBLISHED BY FPC S 001, 1989-1978. r ' 1 TEXAS M#NlCIPAL POWEA'AGENCY Exhibit 11-9 MANAGEMENT STUDY r r COMPARATIVE ELECTRIC RATES FOR COMMERCIAL i INDUSTRIAL SALES, CITY OF DENTON r 5.0 j r ?I '1' 0 'CITY 0 fXNTON r r 2.0 f TEXAS MIER i LIGHT nr ~4, W M 1 y r 1988 1973 1878 YEAR 1 CITY OF DENTON AVERAGE HATES ARE DERIVED FROM "FINANCIAL FEAfIBILITY STUDY, TMPA.BY A, W. BECK & ASSOCIATES, JULY 1978; AND 12501000,000 TIPA REVENUE BONDS, BY SALOMON BROTHMs AUGUST 31 19780 2 MAS POKER i LIGHT .AVERAGE RATES ARE DERIVED FROM "STATISTICS OF 01 VATfLY DINED OTI L I T1 ES ;N THE U,S464 PURL 1SHE01Y FPC S DOE, 1989,1978. TP,XAB W11101PAI, POWKIt AO&tiOY hMA09WWt STUDY I TI ATKD CAPACITY REQUIIUBI r. 6N 8, OfTy QP Q"i" p Y Poradest 1474-751 ~'yUt,~147 4 apse Cy APAC r y at Mato blIA41(o Capeel' Pnak d 0e aelk Pa6k 14er1 CbltB,ltinn surplus or D*1 Detialanc Paek JorA OIaA ion Aurplue or Deflctancy aer {1M) i4 (►MI) ( ) 3 cku~,o4 Installed t r.~..,......~r. - _ SM>+. (Mf)~ (!IN) 1968 98.8 167.0 1%9 128.7 167.8 1970 137.3 1673 1471 16217 27708 1972 192.7 271.8 1913 214,4 277.8 1974 233.1 271.8 1}75 242.0 277.4 211\. J 92~'. S 100.) 1116 25500 '423,0 J21.J 3493 54.3 1971 289+0 423.8 366.6 ` 421.0 2.0 197A 20110 423.8 418:4 461.2 (51.4) 302.8 U4.2 7516 1979 423.8 47110 1148.6 (124.8) 318.4 366,2 51.6 1980 423.8 t. 7 !t25,1 (201.5) 342.4 19318 solo 19A1 423.6 61912 112.1 (28863) 360.6 423,9 (0,1) 1982 423.0 104,8 81o.5 (386.1) 39514 4$4.1 (30.9) J983 42314 801.8 92201 (496,3) 439.0 SO4.9 (6111) 1984 42318 ',11,9 11048.7 (624'9) 480.0 SS2.0 (728.2) 1985 4233 1)036.3 1119117 (767} 9) $320 61118 (188 0) 473.8 1,171.4 113541.0 1996 (930; 588,0 K7~0 (243.2) 1967 42318 1,336.9 10537.4 (t,i11,6) 650.0 747,5 1966 42118 11511.6 11745,2 ((1321.4) 121.02 Az4,2 (405.4) 1989 42'1,8 1,122,2 )',980.5 (l,J54 7) 76n,o2 69710 (419.2) 1991) 421.8 1,953.4 21246,4' (I,822,61 814.02 959.1 (535.3) 1 Prdlln,innry Paver 8npply Rtudy, Texaa kunJclpgl Povar Pool) A, W, Seek .gnd Aaer~cigtaa, March 1975 ~ 2. Domand gnd Aabirgy Forecasts, Taxaq Menlalpal Paunr AAnncy~ January 1A, 1978 1. Onpgaity Chtigetlan 'l Paak Goad x 1,15 4, Offic1A1 Atatilmnt of Texea Munla)11A1 Paver AAnacy, Anva,n,e Aunds, Sarlaa 1918) AnAuat to 1978 Exhibit I1-11 ' TEXAS MUNICIPAL POSEV AGENCY MANAGEMENT SPJDY HISTORICAL AND PROJECTED PEAK LOADS, CITY OF GARLAND ANNUAL PEAK DEMAND (1000 goo 800 700 500 FORECAST, 1074-15 t<rertt► Rsts 1. R!E •,.`'r 'toll ""CAM 404 ~ or' ow Asti, 8.814 3oO ° ACTUAL SYSTEM LOADS 200 growth Rstis 1983.74 15,0% 1914.18 5.2% 1DO ~o N 70 60 82 84 66 68 70 72 74 76 78 80 82 64 86 86 90 SOURCES: (1) PRELIMINARY POWER SUPPLY STUDY, TMPP, R.I. BECK AND ASSOCIATES, MARCH 1916 (2) OFFICIAL STATEMENT OF TEXAS MUNICIPAL POWER AGENCY, REVENUE 80003, , SERIES 19781 AUG93T 1, 1978. tF 1, . Exhibit 11-12 TEXAS 1iWNICIPAL 'POWER, AGENCY MANA6EMEN1" 'STUDY ~ COMPARATIVE ELECTRIC RATES FOR RESIDENTIAL SALES, CITY OF GARLAND 8.0 4.0 J 2TEXAS POWER i LIGHT ~i • N..III~IIIM11 2.0 U:AIS POWER i LIDH - 1CITY OF 6ARLANQ' 1.0 IAOA 1973 1978 YEAR 1 CITY OF GARLAND AVERAGE RESIDENTIAL RATES ARE DERIVED FROM "FINANCIAL FEASIBILITY STUDY TMPA.BY R.1. BECK A ASSOCIATES, JULY 1918; AND ";2801000400 WA REVENUE BONDS...", BY SALOMON BROTHERS.,,, r AUGUST 3, 1970. 2. DALLAS POWER A LIGHT AVERAGE RESIDENTIAL RATES ARE DERIVED FROM "STATiSCICS 01 PRIVATELY OWNED ELECTRIC UTILITIES IN THE U.S....", PUBLISHED BY FPC i DDE, 1001.1878. i TExAS WNICIPAL POWER AGENCY MANAAEME"Ny STUDY ANNUAL PEAK HISTORICAL A140 PROJECTED PEAK LOADS, CITY OF GREENVILLE DEMAND {M41) 300 , 200 100 FORECAST, 10y8-It's 90 ODA 00 Bli Growth Rate u,4% r 74 .+w.~ NOW INDIANA 60 FORECAST, 1974.79 50 growth Rate 3.8% 40 ACTUAL SYSTEM LOADS Growth Rates ' 30 1983.89 11.9% 1880.74 5.8% 1974.78 3.6% y I 20 82 64 88 88 -70 72 74 78 78 80 82 84 88 88 90 SOUR~:ES: (1) PRELIMINARY POWER SUPPLY STUDY, TMPP, R. PI. DECK AND ASSOCIATES, 4ARCH 1975 (x) OFFICIAL STATEMENT OF TEXAS ONICIPAL POSER AGENCY, REVENUE 80NOw, SERIES 1918, AUGUST 1, 1978. TWO MUNICIPAL'KWU A011001 0l1AOIMMI STUDY 1'~~p,~4Pnc1TY1~~41't>fl~lSL~. crti~r faP alluMV~I,GS Parec st 914 l 4 Karagm*4. 1974 Actasl lnetallHd et Mata Cepaa ty Oapac ty lZSt Opts ty Capacity Peak Lo~1d (m ovelty Peak ! od Obligh +en Surplus or Deficiency Peak load Oi.11Aa lan Surplus or Delletancy Year (NW)li4 fivW) (IIW)~ (M13)j (MV) ( ( - 1966 33.1 33.0 1949 39.0 58.0 ' 1970 40.4 Sa.0 1970. 42.5 SA.A 1972 45.0 58.0 1971 4b.0 58.0 1974 51,3 $$.4 1975 5).4 3610 $0.1 51.0 42.0 14Jb 50x3 50.0 51.5 60.4 39.6 1971 56.1 100.0 X4.7 d2.4 37.1 1978 59.25 100.0 5619 65.4 34.6 61.0 7017 29.8 1979 10010 59.1 6010 3210 66.0 15.9 24.1 1984 10010 61.4 7016 29.4 70.0 8065 1915 1981 100.0 63.8 11.4 26.6 14.0 0460 1117 1902 t00,(1 66.3 7641 23.8 silo 9112 6.8 19x3 10010 614.8 79.1 20.9 silo 10411 (0.1) i,184 100.0 7113 6210 18.0 9310 10710 (7.0) 196) twoo 71.9 85.0 15,0 90.0 112,7 (12.7) 1996 100,0 76.6 66.1 11.9 10410 119.6 (19.6) 1987 t00.0 1911 9i12 610 IWO 126.5 (2615) 1988 (0040 81.9 94,2 518 116.02 133.4 (33.4) 1959 100.0 85.0 97.8 2.2 122,02 140.3 (4013) 1990 10010 87.8 10110 (1,0) 129.02 148,4 (48./1) µ 1. ProllMlonry P(twor Rupply Atudy, Tpxan Kinlcipal PM+ur Pool, 1t. W. Stick and Asser.lataa, March 1919 21 Demand end Xnergy Forecaate, Toxea Muulclpal Powar Agency, January 18, 1978 f 1, Cppaoity 01184tlon + Peak 1,0e4.1 1.15 4. 0((ICIa1 8t -mint, teaaa Manle(pai Powar Aganey, Revenua Soeds, 8erlas 19780 Augumt 10 t978 S. W. R. 0oati,lnKar, Acting Director of Etac'tele 11tilltlea) Green's It) . 1 Exhlbi~ IY-15 TEXAS MUNICfPAL POWER AGENCY MANAGEMENT STUDY COMPARATIVE ELECTRIC RATES FOR RESIDENTIAL SALES, PITY OF GREENVILLE S. 0 4.0 `CIT`E BE ,641INVIl"l 3.0 2TEXAS POWER ' LIBNT ~ ti\ Mr r1 ' 2.0 110 1973 1978 1888 YEAR I 1 CITY OF GREENVILLE RESIDENTIAL AVERAGE RATES ARE DERIVED FROM "FINANCIAL FEAS.IB1LITY STUDY TMPAO..", RY R.M. BECK $ ASSOCIAtES, JULY 1976; AND "260,000,000 TWA REVENUE BONDS...", BY SALOMON BROTHERS..., AUGUST 3, 1978. 2 TEXAS POWER Ji LIGHT WRAGE RES I DEN'S I AL -RATES ARE DERIVED FROM "STATISTICS OF PRIVATELY OWNELI;I1T1LlTIES IN THE U,S. PUBLISHED BY FPC L DOt; 1908 Bzhibi.t 11-16 TEXAS IlUNICIPAI, P "ll AGENCY MANAGEMEI!~T STUDY COM"NATIVE ELECTRIC RATES FOR iNOUS'TRIAL SALES, CITY OF GARLAND 5.0 F 01- -w 4.O 3.0 w r- i ' (CITY OF GARLAND 2.0 30ALLAS GOWER f & LIGHT fitus 'WEN I~ L I GiIT 1973 1978 1988 YEAR 1 CITY OF GARLAND AVERAGE RESIDENTIAL RATES ARE DERIVED FROM "FINANCIAL FEASIBILITY STUDY TIPA.,.", BY R.W. BECK 0 ASSOCIATES, ICILY 1978; AND "$750/0001000 TMPA REVENUE BONDS...", BY SALOMQN BROTHERS.,., 1 AUGUST 3, 1$78. 2 DALLAS POWER & LIGHT AVERAGE RESIDENTIAL RATES ARE DERIVED FROM "STATISTICS OF PRIVATELY OWNED ELECTRIC UTILITIES IN THE 11.S444."1 PUBLISHED BY FPC i DOE, 1988.1975. °T%7` • `fig RT.:.^ft ~F Y .ii ?i f. 4 s' T P Tens yiHICIPAL POWER AORIRIY KMAtJE24P.i1'R STUDY K9T1M c,ACACETY goilaRM_ _„~Jk12 P T 0 Ali COOPPRA>[ YR MAxtmitp tksa,and M"mbar Ioada at at 'l'ima of For Newter Oellvery Peak Load on Retimakad lwotal led Khi aNled Capec ty capacity Pa(nt~ Transmission; System Peek tnAil caPgef r Leak LQad 08,1.iAet an 8urplua or 1laflefancy Y (t1W) (MW)2 ("W) ) (HST ON) NO 1460 169.9 130.0 150.51 1%9 209,0 163.0 163.91 1970 239.4 188.0 217.71 1971 268.2 21d.O, 242.01 1972 300.6 240.0 269.91 1913 132.3 263.0 303,';1 1974 384.5 281.0 356.14 1475 374.3 x14.0 r }~.4k S4S.d X1:0 44i~6 97.5 P:' t~7~` ` 4a> ,9 aee„11 +0.04 s~ts.o tt3 4 So5.9 Al l AM 41#42 abo.o Mt.d~ 5454 ~ga.4 567,4 (22.4) 1976 R/A 545.3 SS4,9 6* 1 (93.1) f172.i) 1979 54;1.0 624.1 717,) 1980 545.0 701.5 $06.1 (261.7) 1961 $46.0 78719 9061 (361.,1) i 1982 545.0 884.3 1001i'9 (471.9) 1983 543.0 992.4 1 141.3 (59613) 1984 545.0 11113.2 11260.2 (735.2) 1985 545.0 1,241.A 1,435.0 (890.0) 1986' 545.0 1~398.A t~607,7 (1,062.7) 1981 545.0 11565.9 ;,SOO~b (l~251,b) 8780 545.0 -19753.5 2,016,5 (1,471.5> 545,0 11961,.}; 2~255~4 (1710,5) 1989 i ~ 523. (I,47A.6) l9~.4 i 6 W 541.0 2r l ~l9(1 ~ 1. Preltmiuary Powor supply 8tudyo TWPAq R. W. fleck and AaeociAtoA, March 1975 21 1971 AinuAl Report, 8raane Klec.trlc Powor Cooperative, tile, 3. Capacity Chligntion - Peak Load x 8.15 t 4, Summer PaAk Lodd Reported in Clactrinal World birnctory (of blectric Utltittae) C; :7 7,7 •r ' I 1.1 TEXAS. NUNICIPAL PA~SR ASENCY sxhibiC.~'Cwls MANAGEMENT STUDY HISTROICAL AND PROJECTED PEAK'1LOADS, BRAZOS ELECTRIC POWER COOPERATIVE ANNUAL PEAK DEMAND (MW} 2400 ~ 40 1G 700 FORECAST, 1974.76 growth Note 12.2%. 600 500 / 00 404 300 ' 200 ACTUAL SYSTEM LOADS L 0 growth Rates 198344 1191% I 1974.77 6.3% 10062 64 66 60 70 72 74 76 78 40 62 64 86 68 90 SOUROES (1) PRELIMINARY POWER SUPPLY STUDY, TMPP, R.1,-BECX AND AESOCIATE$t MARCH 1970 (2) SUMMER PEAK LOAD REPORTED IN ELECTRICAL WORLD DIRECTORY (4 ELECTRIC UTILITIES). 1 , W7 It . i ;r " ' ~ ~Itxna IpM1011~'Ab lwitll 4awc+r "WIDUT owl" ,a*'r,, -~n,luwvlu+rl«arr~, P ArII► 2104 1 x . "fFOrras~t, 1174-1975 n1D_,,,,.►e_ :s~;;~:- tom. r,~~ AckusB pi A Installed .r---..-.~•-may` AP ~ilpad y L"d UaPNaity capacity ....~~THPA year 7W?P 711fA (H11) OblisstiaA r~~ ur -or- yfiaianav 7HP CMPA, 1NP :Ny hr: 7Tipf° 4 i,._.. r.. w,...... w.~r , .....w, 111L.r I Rof t 1966 396.0 243,1 504,4 323,4 1969 1970 541.3 323.4 1971 607.4 365.4 1972 694.9 425.0 1973 756.1 432,6 1974 651.5 49514 1925 854.1 $265 1,189 (84 901,7 593.7 1,124,0 68106 010 1976 920.2 540.23 ),)35 790 10091.1 457.6 102011 756, ,1 744 1977 944,1 $62,15 10477 932 10323.0 12917 11406.5 03912 70.3 1978 ),8777 932 1,365:1 810.3 i,S49.8 931.7 (93.8) 043 iqi 693 740 1919 1~41r 933 1e533 4 x9915 1,732.3 t,434 4 (175,3) (103,.4) 633 138 204 19w0 " 1,471 933 1,700,6 9t9.1 4959.7 1,1490 (47647) (311,0) 689 TN 144 79 1961' 11477 933 111", 1 10110.2 2,183.6 1127641 (105,6) (344,7) 142 05) t 1961 1',477 932 1,116,5 1,234.3 2,436,3 1141904 (939.3) (447.4) 794 913 19 1901 1,477 032 3,364x6 1,373.2 3,719,3 1,31600 (1,712,3) (646:0) 669 999 (67) 10471 931 91439.3 1,32640 3,035,2 1,754.9 (1,516.2) "(832,9) 941 1,061 2150) 1945 1,471 9,32, 21441.A 1060).9 3,187,6 11952.6 (14910.6) (1,60.6) 11025 it 119 (247) 1906 ['RT7 " 931 ' 30387.9 10889.9 .,3,773,1 2,173.4 (2,304..1) (1,241.8) 11109 1,371(343) 1437 11471 931 3,669.1 2,103.9 4,320.:) 2,41941 (20743,3) (11487.5) 10223 1,406 (474) 1988 11471 932 41096.0 Sl1342,S 4,710,4 2,693.9 (11133,4) (10161.9) 103203 10518 (586) 1989 1,47Y 932 4$71.8 2,610.5 5,257,5 30002,1 (31780.5) (11070. t) 1,4203 11693 (701) 1990 1,477 912 11104.1 40910.0 S,A7n.0 3,346,5 (4,391,0) (2,414.5) 1,5203 1,141 (816) I. Preliminary Power Supply Itudy, THPP, I. W4 1144 sod Asaocistes. HArch 1975 µa 2, Official btatemant, T1iPA, Aavenue 11"4a, $aria$ 1918, Auaast 1, 1978 rt 31 from Worklogi papers Praparad for Official StotnaNnt, August 1978 H 4, Oapaelty tigutst txelude nlbbuAs Oraak and Cominche Peak iinlts 94 Oowanahe Peak PArtialpation Study, 7WPA! Hay 5, 1978 N 6. lmludaa Ataaos' lleatric Power 0o paratlve and the four Oitlas oamprising T11PA u5, 7. TbIm differs from the 1502 N1t 06d in the, prAllrinary power supply Study by 25 NN due to our excluding of tho Texas AM Plank (20 NO from tryaa and A $ Hai discrepancy to saloulatioA eApadlty (Iaaxiaom eapscity rating. Y. gat'aspaolty rating) which Is spread awg three of the aitim 81 Hnathly Utility 8ureary, Militias Vivlsion, 01ty of Bryan, 9eptat1sr 1171, 17 k k •t OJ '.k 1 f r . Exhibit 11-20 TEXAS ONICIPAI folio AGENCY MANACEMEIII" Sti1OY, , ANIMAL PEAK Hl $1001 CAL ,AND pj FC- TED PEAR LOW DEMAND ( ) TEXAS 01UNICIPil POWER FOOL r a of ; FORECAST 1874 !873 6HOWTH RATE 11.6 loon Pao ACTUAL SYSTEMS LOADS 5300 GROWTH RATES " 1884.1974 12.3 % 1974.1977- 3.5% 400 20C 62 64 00 88 70 72 .E 747 y8 78 80 ' 92 84 fl" 8fl is SOURCES. (1) PRELIMINARY POWER SUPPLY ST€IIIY, ~IIM'P, R,11. BECK AND ASSOCIATES, NARCH-1073 (2) NNTHLY UTILITY SUMMARY, UVLITICt; OlYlflW CITY OF WAN, SEPTEMBER i678 (3) COMANCHE PEAK PARTICIPATION 'STUDY; 'tVA, MAY 3, 1078 r ' I 1 P ' ~yI l ~rti4 I SECTION III INDEX Past* TMPA PROMSS-ETC-DATE A. Overview 111-1 A 4ibbona Creek Project 111-2 B.1 Project Description III-2 B.2 iit#= Electric Station 11142 3.3 -Lignite Dine 111-3 B.k Transmission Facilities 111-4 3.5 Gibbons Creek Permits and Approvals 111«4 1.6 Cost Analysis# $team Eloctr i Station u1-5 B.7 Coat Analysis, Lignite Fuel IM-6 B.6 Toctmical and Cost Analysis"%) Gibbons Creek Transmission ' 111.7 C. Ce►mmehe Peak Project YIi~9 System Devolopamt and PAliability Yixpsndituras Y11~10 L. 150on6mic Dispatch, 1II 10 F. FSnancin IxY12 0, Summary] ,*gross-to-Date X11-13 SECTxQN III EXHIBITS III-1 comparison of Estimated Capital Costs for Coal-tired GeneratIns Unite 1I1-2 One-Line Diagram of 345 W Transmission Fteil ities for the 0;Ebbons Creek Project IIX-3 List of Proposed System keli&N+W ty and Development Expenditares I t, . t, i ` mot' I II1-l j IYY. 'tMPA PROGUSS-TO-DATE A, Overviiw The Prelisivary Power Supply Study published by the Te'xon Municipal Poorer pool (tOP) in March 1973 anticipated that TMPP would neikd to acquires about S,OOO MW of new elactvie generatiog capacity between 1978 and 1990. Subsequiat reductions in the load forecasts issued by the four C3.ties, stud the Brazos Zlectric Power Cooperative wde the .975 study obealetai As w conse4usnae, only about 830 ?tit of the original 5#1600-M requi4Ct? t h&d been ca*stitied as of 1979. Thad* comitiaents art shown bdlowt Table 111-1 Coesait>aeats for New ti+xnera,Ca ie as 1,979 Comi tted Teat unit Cd R Zu,... , de Texas ft4icipgl Power AgencT (TWA Oibboas Creek no, 1 400 1982 Comanche Peak Woo 1 71 (1) 1981 ,Comanche Peak No. 21, (1) 1983 Subtotal, OAVA 5k2 >st`a;tos Rlectria Pow+p9f Cooperative Ban XLSU*l Unit too. 1 200 (2) 1080 Comanche Peak ft. 1 44 (1) 1981 Comanche Peak N6 2 4444 (1) 19x3 Subtotal, Arazoa 288 "MTAL, TMPP From our point ci- view. the Agency undertook a very large assignment: in astembling an administrative and technical staff while also initiating voxk to acquire the new generating sources listed above. The TXPA organization was plungetii into complex activities including financing, engineering, pracureftnt:, contract nogatiations, fuels acquisition and construction. The work would have taxed it standing, functioning utility organization and TMfA had no such organization in 1975. in our opinion, the Agency has made ratnarkable progress Z 'Sach off' wo Comanche( Peak nuclear units has a nominal rating of 1150 MW. TUTA and Brazos are participants in the units with ownershir, 'shares of 6.12 and M% f. ( ti Brazos is a 50% owner 6f Sad Miguel', Unit No, 1, which hail a net rating Of 400 KW.' J 71 in axecuting its aaaignments; despite legal obstac,,les, mneagesoent 'turtaAiI and. r insufficient expat,lonoal personnel. In three pears, a, new orgaaitAtioO 'with staff numbering 10M'As than SO hasp e Directed the 'Oibbovs Creek Project incorportiting a power plant, l,ignitt mine and transmission faailitiea. e Negotiated a porticipation in the' Comanche 'Peak Nuclear Project. e Planned other transmission and substation improvements to sera the p4rticipatin$ Cities. a Coordinated the dove Iopment and ipplemsntgtion of a generation dispatching program for the four Cities. e Arranged for approximately $600 million in dtlbt financing to support the Atency'a construction program and wparationsy 111shlights of this prggrei s4to^date are pr*J -ad in" the, following ;subsections which incorporate pass a' from Tl1BA',O Ufffoial Stetemento dared August to 19784 B. Oibbnns Creeks Ptn ect S J _ prelioct Description Gibbons Creek is the first Project to be undsrtaktm by the Agency and represents its initial efforts to' meet; the forecasted load of the Cities. Gibbons 'Creek includes a 400-MW lignite-fueled steam electric station, an ,adjacent lignite surface mine, both locata.d in Orimea County, Taxagq and assocl,sted transmission facilities. The total construction cost of Gibbons Creek is estiotted to be $492y002,OOO excluding interest 'during construction and cerbain legal and financing costs. B62 gteaun alectt station The power plsntp fuel` handling sgst:ems, intake and discharge structure and switehyard are being designed by Tippett & Gee, Inc. The cooling reservoir, dam and discharge canal are being de6tgned by Freese and Nichols, Inc,, hydraulic engineers.; The Oibbons Creek plant: will be an "outdoor" denign with the boiler, turbine g6nerstor and feedwater heaters exposed to tho Qleidents. The voas below the turbine deck will be enclosed as r will the central etontrol rooe1, Oaaerai ether structures will be locatbd in ■ the plant area inokuding office' factlittiew~ warehouses'Y, storage facillties and a maintenanee shapy thtd `t'aci,(ii ies for lignite handling, ash disposal, air gv4lity control sod .coaling water. All, land for tho plant has lIotik acquired auad site preparat'iau wotrk for the StaiAm Electric Station` began on July 119 1971. Foundation work bogan late in the summer of 1978) but has sewed slowly due to inclement'weathex,f to probleve with soil stabilization and to failure of the initial tAt t pileei driven on the powerhouse site, i. s;;• ~r"~ lit•3 Tito power, plant will be fueled wit'h` a Texas 11gnite, whioh has `a relatively law hosting value.. of 4,970 ATOl1b. and a hi,;~t ash and moisture content.*' Furnaces required for the tsombustion of lignites typically hove volul Oll are 2-2.5 ties target than those required for bituminous coals; xr.ar as a consequence, the Cibbons ;Crook boiler will have a height of approxisately 300 ` feets The coal and ash-handling `systotla for the "Gibbons Crook unit art also f °;ch' lamer than' those for a bituminous coal plant' because of the large volumes of material which must be moved to and from the station. The primary source of witor for plant zseuiroreuts will be s (reservoir to be located on a site q#„approlly 4,100 acr*o to be created ' by the construction> of an 'earthsi~fillod dsri. Plant water' requireir"t's include condenser cooling, stoop cycle makargpl ash hatiJling# plant,+Wxiliary water, dust suppression' and domestic serl The source of makeup water far the reservoir will be natural runoff mid precipitation. The reservoir will be constructed issrediately adjacent to this plant site, one and one-half riles . northeast of Cal Crime County, 'lsts. All of the property for the cooling lake has not yet "en acquired 103 Lignite !line Fuel for the Oibbons Creek plant,,, 1 be deliv4red by X00-toss trucks 1!rost a eux f ace ;lignike ` mine located south '+N,l, tFip Rtat ion site. pail {ia,r Company, mining engittterst 'has surveyed,'an atA4 of appekimately 25)000 acres E Adjacent , or aaaeaaib"a t the etess eleccrlo station. Acco:tdiag to i,nlorgsl Supplied by 'the witting 4mgi'dears, thsi,6 exis4s at 1east 90 985,`000 tons of lignite at depths less then 140 feet. Whilticertaiin problems rolating pg nave boon reportfad by the min,alg engineers, Freese tad ti to surface, floadi Nichols, xno. is of the opinion tliat surface O tars can be handled by austi*sry arigineering methods; i,e., try diking, arain,gla canals and pumpi.tig. Subject to final determination of olonorship of lignite rights as analysed in tonnage in the table balol the .agency hoe puvehasold or has under lease land covering a quantity of approximately 54;973,500 tons of lignita. assuming mining to a depth of. 140 !feet, such, quantity is,:approximately 64% of the lignite required to operate the ataam +blectric station lit a 75% plant ,facttlr' for its 30.4sor life. Trhe mining engineers estiLute the amount of li.gnf~te available fray the purchastid and leased acreage, plus the remaining acretlge aceessOle to the plant, 'fin sufficient to allow the operation of the steart electrin ntakAon at an 802 plant factor for at least 30 yttara, A decision of the Texas Supreme Court llning IM V. V'YLIEl handed clown on July 8, 1971, held that, 4ependitig upon detirm~ nation ll quedtiol of fscty which may' require jury trial.) lipi'l deposi,t►a may be paint of sither the sur.,',ace estate or the mineral e4tate, "f'ha Agoacy has evaluated its holdi`,ngs kithin the boundaries of the mining area based on a su~4lsary of title 'infillmrmation from courthouse records It the light of this s decisioh. The following;summar.ises this evalustiah in tonneg«t' For` cm; rise Northern Plai,tio lignites typically have bsatring v0tpoa of about 6j500 lltullbi, while 8Autern bitutalnous 'c6als may reach valuing `of 109'0015.1o 12,000 Btullb. tAy r l ~+^-.wry-rr-•s Estimated Recovetsb£t et Tana ew to a Depth of 1401 r a A en s 1 e Surface including Lignite Righto 37,491,750 ► Suzfaca intludi-ng probable Lignitrv Rights 15,389.250 Surface only, Lignite Rights outwtanding 2,0 ,500 1XVTAL 54 ► 972, 500 The Agency additiotrOly determined, during tht referanced evaluation, that of the Agency's 21,850 ot"s in the sinsing areas, approximately 3,700 acres here outstanding oily ;as; aad other mineral leasoo which will 8spire in the abeence`of production` by 1482 or before. As to probable and`outstendin= lignite rights, the Agency may be required to obtain additional mineral. rights before it' cats actually mine certain of the properties acquired or under lease. The Agency has a progrtum underway to obtain such additional rights and theme additional properties not yet acquired or under lease. ' 114 anas►issi Taeilit Mock b Veatch has retained .'to d4oigu the transmission aheatrie facilitias neeewsary and associated with the Gibbons ' Croiek steam station 'aid those tranmi.ss,lott facilities being considered for devoluprent thrd,* 1902 as System Davexop at 'sxtd lteiiebility- Upenditures. li"hack i Veat4il Nw ast'es that the con4dtruetion coat of!: the Traosei.asion' Baer itias awroci bpd with Gibbous Creek will, 'be; appr+okitattly 846,563,0004 The gibbons ora,Nk f' erxtssrission facilities include rpproximately 78 miles of 345 kilovolt approximately 28 stiles, of 136 k! lite and 4 new substations or pXxtto, ~)dflicstious to existing substations. All transmission facilities ere bung dasign-3d based upon ; load flow and related studies in order to ly' lottgrate Gibbous creek into the existing 'farces Interconnected System p 'toper OITx9") frwamissift ttatwork. 6,5 Gibbons. Creek Permits and A' rtr ovals T'he Ageaoy (a) on March 23, 1977; filed a Prevention of Significant Uotaxioration of, Air Quality report, (b) on April 27► .1977, filed a 316 P"mohstratiov,, vaport, and (c) on May 26, 19779 filed' on Environmental Assessment Report with the Regional Administrator of the U. g. Environmental prot4gctio,n Agency ("IPA") in Dallas, Texas. These roports were accepted by the Regional Administrator and reviewed for conformity with requirements of law end imrrent regulations. on July 9, 1977, EPA issued a negatives declaration of environmental impact. Rased on ouch declaration, the Agency ' proceeded with the acquisition and construction of components of Gibbons Creek. As of the date hereof, the Agency has not requested a pararit from the Tawas Railroad Commission to mine the lignite deposits, as such permit ire by statute, issued for no longer t#iris than five gears. The Agency intends to request al permit in ekrly 1979 for an area estimated to contain sufficient .54'ctfr lit- S r acreagtl for a five-year mining plan, and anticipates receiving such permit prior (o the comeancevent of the mining operation. Tho Agency anticipates no problems in obtaining such permit odor to the need to commence mining operatL)ns, and that further permite will be issued as needed in the future. Tne Agency has made no filings to the Office of Surl,14ae Mining, since ' the federal surface mining program will be administered throilgh the respective states when the state program is considered to have adequate resources. At this time, it is anti4ipatod that the Texas Kailroad Cosasi:gsion'vill soot the > witl assume administration of surface mining in Texas Federal .to the requi time the ~ and indt 'is needed, 36 Cost Analysis, Stew Electric Stst on As part of this management study, wo made a simplified comparison of the projected capital costs for the Gibbons Creek Unit versus the reported or prOjeated costa for other coal and lignite-fueled plants. Such caparisons an never entirely satisfying. since unit costs asset dsllated or sedalated to epama trefersso* roars, and because the installed` aiquipmont, hourly labor rates end cost accounting procodm4res vary' Boas project to project. gevorthsiloha, the capi,tgl cost data reported by tMPA for Cibbnns Creek Mss aaalyxad as dis6usaod herein. Eased on 'TMPA's Official Statement, dated kugust 1978, we have astimated the total installed cost for ` the Cibboq@ Vreek steam electric station at $396,2O9,000 or approximately $991 per kilowatt as shown in Table zzx-2. Table IXI-2 Estimated, Installred Capital Cost for the Gibbons Croak Steam 400-Megawatt Electric Station Generating Plant Engineering , $119639,000 Land and Land Rights 189539,000 Construction and Squipment 248,945,000 Contingencies and Other 241211,000 Overheads 69$032000 Subtotal 31091379000 Interest During Conatruction 71,908,000 Pinancing, Legal and Other Costs 14,164,000 TOTAL 396 209,000, Insta:led Cost per Kilowatt $99l/kW s;. < FM ,Fly y III-6 The estimated cost shoown iv Table IIx-2 xs assumed to include all power plant facilities, the cooling lame and the coal handling system, but to exclude the ligni:a mine and transmission facilities. Exhibit III-1 shows the costs for the Gibbons Creek Steam Electric station plotted act a graph with projected cast data for other coal-fired power plants of similar vintage. All costs are assumed to be translated to mW-year 1952. The graph suggests that the current projected capital cost for Gibbons Creek Unit No. I is roughly comparable to the estimated costs for other ' coal-fired units located outtids of Tmas. The invastor-.owned utilities in Texas have established a rep`'itation for building units at som0whot lower costs than those shown in Exhibits III; bowaver, these cost differeuces have not been studied in dstail. Itzhibit VI-2 in the preliminary Power Supply Study, !larch 1973, placed the dixvat construction cost for a 400-MW lignite unit at $584 per kilowatts tree Table III-2, above, the comparable direst construction cost for, aibboas Crook' Mo. I is now estimated at $310,137, 1, 'or' $775 per kilowatt. Ia our 'judSmant, this inerwaeo of $191 per kilowatt (332) is not inecasistent with the U410"84141. actual' rise It plant coots experienced by other utilities since 1913. Inflationary forces, now onvirvaatieatal control standards and the comple14ou of more detailed engineering studies have contributed to the cost escalation for Gibbons Creek. 3.7 Cost Analysis, Uaita Fuel Exhibit III-1, in the Preliminary Power Supply Study referen;~.ed sorliar, displays the fuel cost wetimates used in the initial planning for the Gibbons Creek Pruject. The cost of Texas lignite At the mine wa■ estimated at $0.53 per million Btu in 1986. In the same year, other fuel prices were projected to reach the values shown below( !M Estimated 1986 Price Oil $2,64 Per million Btu Natural Gras (Old) $1.70 pot million Btu Natural Gas (New) $340 per million Dtu Western Coal (Delivered) $1.58 per million Btu Nuclear $0.28 per million Btu with the price spreado shown above, lignite and r.iclear-fueled generation were the clear choices For supplying the energy requirements ' projected by TKPP, Between 1975 and 1978, however, both lignite and nuclear fuels displayed unstable price characteristics, As TMPA undertook a thorough sopping and analysis of the Bryan lignite deposits the estimated mine-mouth fuel costs rose sharply. The cost of lignite from the 01b:)ons Creek mine in 1986 is noer estimated at $1.39 per million Atu. The price of the other competing fuels, however, has also jumped. The prices for oil, gast, Western 'coal and uranium fuel delivered is Texas are now estimated as shown below: '+t 1II-7 r Revised 1986 Price 1, 1'rrkimate Oil (1) 83 70 per million Btu Natural Gas (2) 83.89 per million Btu Western Oval (Delivered) (1) 82.80 per million Btu Nuclear (2) 8040 per million Itu Even with price increaser for the Gibbons Creek lignite.,aud the Comanche Peak nuclear duelsq these two primary energy sources are still projected to have a marked price advantage over natural 5", oil end:Westera coal. `Consequently, we anticipato that the separate poser supply study'will ur4orlioe the foresight displayed by the Cities in establishing'accese to the lignite and uranium resourcea 1.8 Technical and Cast Ans},~sis - Gibbons Creek Transmission The transmission facilitias associated with Gibbons Creak are shown an a one-line diagreaA in Itxhibit IIT-2. These facilities include: 1. A 138,000-volt line bwtween Gibbons. Greek 'an4 the Daasby flant to the west. This 28-site line will deliver` electric power to the Gibbons Creek site during ual:t outages and provide a route for power to flow from Gibbons Crash to the `City of Bryan. 2. A 1381000-volt, 3mmile line, from the Gibbons Creek plant site to the mining area to provide power for the electrically operated mining; equipment. ' 34 A single circuit, 345}000 volt line from Gibbons Creek to the Twin Oak Switchyard owned by Texas Power and Light Company (TP&L). This line, constructed over a; distance +>f approximrtely 50 milts, will serve as one of two primary routes for Cibbons Creek power flowing north to the three Cities near Dallas. 4. A double circuit, 10-,agile, 345,000-volt line from the Gibbons Creek site to intersect with -the existing Jewett-Parish 3459000 volt line owned jointly by Taxes Power & Light Company and Houston Lighting and Power ' Co"&ny. This interconnection with the existing Texas Interzonrected System will provide the second primary outlet to the north for the Gibbons Creek power. 5. One 345,0)0 breaker *asition and carrier relay terminal in TP&L's Twin Oak Switchyard. ' l Set mated by Stone & Webster Msnagement Consultants, Ines (2) Estimate from THPA Official Statement, August 11 1978 6. A carrier relay terminal In TP&L's 3459000-volt 3ewitt switching station. 7. A 345/138-kv switchyard at the Gibbon"— Creek Plant. The construction cost for the preceding list of transmission ` facilities lids estisated at $46,5630000 in ktipst of 1978 excluding interest during construction and other `financing and legal coats, The components of the estimate are shown in Table 111.3 be lows Table III»3 Es.tigtteg Transmission costs far Cikb Creek a 1, 78 Transmission Costs Ettgitueyring $ 3, 040, 000 hand and Land lights 39754,000 Conatructiao 6 $qui pment 3497279000 COtAt magna in s S Other 3 f oa, ooo bviert~mt~ds 1, la4',000 Inttrert During Constxuctiou N/A 1►ie►ancipg, Legal 6 other Coetr: A 'IOTAt,7 The Gibbons Creak trAnsmisaion pls:h was apparently deaalopdd by the T"A staff and is documented in Report LP-77-1, "Transmission facilities' Expansion Program, 1977~19$I" I'sbruary, 1977& Thr, 1977 re+oort estimated the total cost for the Gibbons Creek transmission outlets at $47,6500000, Which is about $14 million more then the current estimate. The 1977 ,cost figures however, provided for TMPA to construct an additional 11miles of 4Aouble-circuit, 345tOOO-volt line` from the 't`win Oak Substation north to interconnect with TP&L's Lake Creek-Jewett line, TMPA also was charged with building an Oak Knoll 'Switchyard incorporating not one but throe breeker TP positions, 3L has subsequently agreed to construct the ll miles of line and a Twin Oak Suitchyard in'pl4ce of the one at Oak Knoll with TMPA reimbursing TP&L for the latter utility's fixed costs in the initial gears ot operation. The 1976-1917 const,ruotion cost forecast was about $41.3 million after adjusting for the in:►esw4ments to be made by TP&L, Consequently, the 1978 estimate of transmission coats for Gibbons Cre+:k, at $k6o6 million, is actually abut $5.3 trillion (13z) higher than the earlier forecast. In our opinion, cost corrections of this site are not unusual in moving from the preliminary plantrin.g stage 4 o detailed line deslgna, especially in the face of uncertain inflation rates. The TMPA staff has negotiated two agreements for the Gibbons Creek outletsa 1. Transmission Agreement, among TMPA and Dallas Power 6 1ight Company, Texas Electric service Company and Texas Poorer & Light Company. 2. Power Interchange Agreement, between TMPA and Houston Lighti,ag & Porter Company,,, ' Xx1-9 A 1f f The former Agreement also describes transmission arrangements for the Coaaache Peak Piaject described in the next subsection: C. Comanche Peak Project r The Comanche Perak plant consists of two 1$150-MV nueltar fueled steam t0bine unito and the tranmission facilities directly related to intc,grating tho' output of the plant into the Texas- Interconnected System (TIS) treptsmission network. The Comanche Peak plant is presently being constructed # b1►f, 1exps Utilities Generating Company ('11DCCO'1), a subsidiary of Tennis 0 ,i,i##<ttoo compea and is aanaad by certain operating subsidiaries o Tennis tioi Company. Construction of the plant, located is ' gomarwell County,` cr: TOole, approximately five wiles north-northwest of Olen Those and 40 silos rp':, soothwpt of Poet Worth, began in December, 1974. The first unit of the Coaiftcba' Peak plaint is scheduled by TUGCO to be in service by January, 1911, X64 the second unit is scheduled to be in service in JsuusryN 1983. hi The Agertlcy has..negatiaZt;ed fors 6.2% ownsrsp interest is both units. " and the terms of this tootract are 4ocu m"d in the "Joint Oimorship Agreement" between Dallas Power i Light <#osp , Tow 1Gleatric S/trvice to&6, Componyr Texan Power i Light Comapany, Takes Utilities Generating Compeer, l!!PA Cooperative' , Ina. A*.sp; iisctria Porter Ccaperatiw and $rluta• 214atrfc' Power ' her negotiated a1.8x participation in the saw Comanche Peak Units* 'fable IXI-4 below, displays an animate for the cost of constructing the Comtanche peak plant. Table III-4 Comanche Peak Project gstimatad 'total Financing Requirements Agency's Total Ownership P o eat Ste., . Direct Construct),en Coate $ 673,7459000 $ 41,772,000 Inidirect Construction Costs and Overheads 1640997,000 10,230,000 TO Costs 192, 32,000 110910,000 gscalation 15094790000 9,3300000 Contingencies 214,371,000 1392910000 Carrying Charges 519900000 Agency Contingency and Other Costs 4,352,000 Nuclear Fuel 90244,000 Transmission 2,2001000 Subtotal - Construction Cost $1,395,684,000 $108,359,000 Net Interest During Conitruction 2604271000 teserve Fund 12,2469000 r` Contit►genry'~und 2,0000000 Working Capital 20863,000 ' r. Financing, Legal and Other. Cost 4,7.~A O U ' Estimated Total Financing Requirements 156 60S.tr0Q0 1 ,u `i I k 7 -:77 xxz•lo ` ' The total construction cost esti=ted by TVCCQ in Table 1II-4 at $1o4 b£lli;,n represents an average investment of $607 per kilowatt for the Comanche Peak Units, For comparison, the three-unit Palo Verde Nuclear Station under construction west of Phoenix, Arizona, has a projected construction coat of about $773 per kilowatt, The higher cost for Palo Verde includes escalation to 198however6 , when suggests the lasthatt of the Comanche three Peak units unite enter are being service, comparison, The constructed at reasonable cost similar to or lacer than that projected for other nuclear capacity* D. !Utm ftvelogLagnr and _,Rali,,abili t g dic Beyond the transmission faailities required as outlets for power troy, the C£bbomwe Creak and Comanche Peak plants, TMPA and its consulting engineers have also dsv~loped preliminary pleas for transmission times,. substation- and comet uoieation system "Wrovedants,, in end' between the Cities. As of Augast 1978 tease proposed System lfew►elo at apd: Rel£abili;ty it"ditures totalled Dome 014 aillion over the perlod' from 1978 to 1987, The total amount proposed ~In 'TWA's . la,tr;r capital tsgrrovemeswt Plan for 1979-19$8 mho" a" additional 1%19 million for thej, future `acquisition of fools Vbich may be required if 1'M!A builds additio"r<1 *easrstior units beyond iihose at Cibbons Creek and C*"Achs Peak. As of yeor"end 1978, iihe Agency snd the Citiati had approved only about $31 million, t90 of the. $3309 uiiltob lrog~ram for 9yptem Dwalopwpemt, and Reliability gxp"'ditures. Adaiiions III stadles were unde;tway to confirm" the need for some ' of the proposed work, especially the extensive 3439000 volt lice and substatirm improvements. One proposed circuit, the Oak Knoll-Royse City. ' 343,000 volt line,, would be oonstruated" over a diatamce of 149 mils" to provide bulk power transfer for the, Cities of Carlond and Greenville, The estimated construction cost, at $83 ibillion, constitutes. 252 "of the furecast System Development and Reliability 3xpendi,tures. It is not clear that the Cities need this line or that other uiiiities, should not share in the investment. A list of the Me or projects incorporated in the System Development and Reliability Expenditures, program is attached as Exhibit M-3. It includes a current estimate of the respective construction costs drawn from TMPA's Capital YmprovemAnt Plan for Fiscal Years Ending 1979-1998. Those projects not yet approved by the Agency and the Cities are designated, 3. Economic Dispatch From the beginning, TMPA has planned on operating the combined generating capacity of the Agency and the Cities as a coordinated power supply system using the principle of economic dispatch.' The principle calls for the generating unit with the lovest production cost to be loaded first and to run for as marry hours as possible during the year. Other efficient units are brought on lift or dropped off as the load requires. The collection of units is operated in a manner such that ail. units have equal incremental production costs. Under this condition, the, overall syatem production cost is minimized. 'fly ° 4 ksi ~ai..~i~_'_il k~{41 i +i~=~~s~➢4 3.::ii _ Application of economic di tch in real-world situations; however, is not so straightforward. 'The system dispatcher, typically, must$ s Provide for area protection and mini ,nura generator load levelo. e Cope %ith enviros ntal constraints and pollution control equipment which may limit the output or change the performance characteristics of selected units. Make< ad,just"Ats for t'ha transmission losses associated with remote units, s Correct for sebeduial or Inadvertent power flows one the transmission systems' that . can complicate the loses adjustmant's acid the tjour-to-hear load projections. s Anticipato lisitsti'one on the jtpailabilitp of fuel tos.~'swme units and ,;adjust,; fir diffsretlt; stfieienoh,,. levels since natural gait 'firiat will dacrease boiler affidieacy by about 4x from the Gil Bring eti~igieesey avel. M Accept, Yestripttins imposed on Mies att iapo>stV and expofts by finite tranntAssion line and ratings. The last ccneatt'aint has been ptrtioularly botharooms to 7WA. TMPA commenced 4arations under a modified econovic dispatch in 1977 using a`computer pralirrm developed by Utiltto Cdnsultibg Services and the Univeri4ty of Texas it Arlington. In theory, economic dispatching should be dooe'in a real-time, hour-'67-hour sends to aehievs maximum savings. to TMPAsa modified ipproaoh, the . generating units are ;4oaded on a fixed sanedule. produced by the Gail'Iind dispatcher on the praeadirag day. This forward-looking schedule of imports/orrports for the respective Cities is produced by modeling, the generation req ired by the respective Cities on the `eamq day in the preceding week. 's'he savings resulting from the dispatching effort are calculated after the fact and' split between tho importing and exporting' parties. j THPA estimates that the economic dispatch routine eaved the 'Cities about $400,000 in fuel coat `during 1978, less about $100,000 paid to the Brazos Electric Power Cooperative for transmissions losses, The utility directors in the cities suopect that real-time dispatching would not contribute signs,lica4nt additidnal eavingsl hovever, increased economies of operation are expscted once: • The Comanche Peak and `Gibbons Creek units are adddd ' to the inventory of generatin8 units available to TNPA, The lower fuel costs associated with this nuclear and ligniteofired generation are expectq to result in significants/Avings over continued use of rlat+sral gars, as -a boiler fuel. i J' i s Trap mission 9'yetem limitations are 'removdd ` and the Cities oAn take larger' amountil of cspecity Dues the 'tie 14tes. 7 The Cities develop eonfide+nce in the reliability of imported palm and wi;,l place their _iocsl small mite it cold standby. In our interviews, several of the utility dirsetor' s also reported that they have low confidence in the heat rate data repoxp«d by the Cities for their respective utwits. They ra4eaended that .TM4k coord,~n4 o. heat zeta toots 0o a;,)t _of the existi*s units. Ww;,aoacur thet these ',t~sti;' 11n~i~d be, msde air to 'thi "date for ail Cities must be ',on the eaare basis ty~ ti~oF,eCl.y dalculace the changes for scono",,.interchages. P. >ti ►~anaing T .(y 1 Tba'technicai, oootroatual " 11 and gmiraGing aahiav, its dasat',l+ao, abase ~f have b*40 po~ireibit' b+~cauei~ A had .e1ecz bj ae j guccesrful1.1 it o ; rei4i~ng `copital of l%rcah 1479, the y+,~ay Me boats a41~i(l btr issue 8b0d1: >ri,lli4~n itt, illgtetrric a :t Marius 0044.0 at ganaxal` ly rosso"Ab.le i,nt0r*rt rata'` dos~~ite` ippw 1a241 e_ A,ganar isruad 8er,ies 197G .llpnds .in ;thr; 0s~aai'1142 "eq►~t of ; ~ . 00,0000 f1 ~ A pot'iti.on 'f the proceeds of ip * 8driem 1,916 ~onda,~ «ere used to iredeem `a p 16r $1Q,6Z5`0Q00 isouo of Agettoy. bonds, 'to aapfCiolito; intaeast on the 'Series 9y6 .goads. through baptember 1, 1,080, to siske a de0osft ~ ltsto '1MMI s ' Reserve pond; and to make other expeadittures, including approafewtelv'9450,000 to study the acquisition acrd dewaloperpnt 'of fuel res our ~s for additional generatinj units to supply Poster and energy after 199P. ' Tile r'Saining ' proceeds frog the Series 1976 Bonds were and are being ` expends.d for the anquis,itian aP 'lignite,, preliminary construction ictivitios and equi-,Mobt ac uieitlions for Gibbons Creek, $4,387.rOOO of System Development and at iahility $Xpanditurss, and certain other costs snd expov~sae, inaludirt initia4 paymegts of $4$21700 to Crimes County, certain local school dfetrfatg And the Gripes County 'taxpayers Associat-lot pursuant to then settlement of I certafrt litigAtiott as ddscribed belovd In ;July 1977, a suit was filed by the County Attorriey of Crime# County for the State of Texas upon relation of otrtain individuals and the Grimes County Taxpayors Association (a nonprpfit corporation) iraaking to declare the Act (Attilea 1435a, Vernon!$ Tbxas 0i.vil ritetutes) unarnlutitutional and questioning tho validity of the Agency and the Posmr 94106 Conbr,acto below describeds The Cftfee intervened in the case as pavties defendant and joined the Agency in a cant on for summaEry jadgmant. The t'fal court on October 3, 1077, granted the motion for summary jud orent and dexiied ' all, charges made and nil, relief requested by the State and ti;e relatores The Court of Civil Appeals (First Supreere Jud(cial' 'iistrict) on lurch 2, 19789 rendered its judgment,in all things affirming the judgment of the trial court. The wtftten opinion 'of the Court of Civil AppealA decided' all quadtions raised nil trpeal and discussed therein rogsr?ing the constitutionality and yilUitq of the Aet, the Agency and the, Power Sams `s r I T l L} ,k 77=77-777 7~ , ` . ~ IIiWI3 Contracts i,n favor of the Agency and the Cities. The County Attorney, on beha,lfof, 'the State, applied' to the Texas Supreme Corsrt for writ of error reeking raversal of the judgment of the Court of Civil; Appeals. The Agency And the Cities opposed the application, asking that the mpplic4t:ioa be refused or diou}s6ad. On July 17, 1978, the County Attorneys ran behalf 'of the State, by tcq►asoa, of the settlement heroin desoribed, moved to withdraw the applieation for review by the Supresee Court. On July 19, 1976, the Supreme Court granted the motion to withdraw the application and the County Attorney waives all rights of appeal. to, the opinion of tknoral Coaueel #or the Agaetay~. this action pornits the Court of Civil App~els' jtcAg~sa~t to . sw #i1*1. Iri'.tha opwon of CaaeraRl Cotcasal ana d Co"ael, the aWOU of the' Coq . o'f Civil Appeals is based upon sound legal'. principles land '.cgrravtly states .the tar as to the legal questions, raised and decided ther•in► ' Ondev the Act, Sonds aeay 'eat be' issued unless ' approved by the Attorney Q•paral "g'f Tuns. It io tbp Ion ''tandint polity 0 t> o 4tornoy Coin*ii1' to. Ma1ta~nit: , to finally approve s•aicipal asiealritileN +~ile iit~tetiao, , ad ag ~1Isgrti`f;bus a#' thq type rrae+r<tsd W4ok b a+n: ' DUI; a reralt, the ge~1+ rar► a tearpe~ar A >s s $ baily ed, 7 pgluMd !rc* lee's= adaut ddfNithgal ' l~ond$R 0 ;above NottlearAt renaved, the ispedimene W the . appxavaX' of ae> dit iaaal - ~otids by 'the. Atternee"y GetuMt4 i. .1 01 `fie $er#ss 1978, lbctad rs issued in the aoseoatit o! $230,b00,066 in !lkoguat ,E97d, rue Urier 1978 fonds Dill be applied to pay 0 part, of tllp costs of Ciiibons Creek ; and $8,000,0!10 "6f the: approved .:8ystom . Dov*lopsesnt weld 1 41iability Expenditures,, to #Ak'a 4epositt, into tha goad irund' and the Reserve Fund, and to pay a part 6f the acquisition k7osts of Cftoonehe psik. An additionetl $300,000t000 in 8erias 1979 Revenue bonds tyre issued in March 1979 primarily to fund additional construction and acquisition costs r' fat the Cibhons Creek 'and Comanche Peak projects. ~t» gummutrq, Progress-to&Date In assembling information for thin section, we did receive a0ressiots of conasrn from the Agancy's Directors, advisors and staff members highlighting partioul'ar part problems. with the organization's financial controls, public relations, prograta, staffing levels, procurement policies and long-range planning. it remains our opinion, however, that the Agency has takuzt large stridoo in tho past three years toward supplying a reliable source of ,p,ower for the Cities sit a reasonable cost. The problems encountered or even caused by the Agency should be viewed in ptrapective sga~nst the remarkable accomplishmomis described` above. 4t% 1975, TMPP and the Cities failed to explore in detail all of the parer supply opti,onh available to them, and became aoenadrted to the Gibbous Creek and Comanche Peak projsct,i. In 1979, ve believe it is no longer particularly productive to look back at unexplored opportunities. It is important to look forward''and 'to maintain on awareness of the power Collis u4tick THPA is projettiv#i In TMI%4'8 14976 Official Statement, the etanci I atMlsulting engineero suppi'L4,' d 46 e%timsto, of over" costs from *PA ? t'hro,ugh 1987'. !'his projection folkvefs in Tabis _t4t7^S, Colu*+ Ae IF% 7Y 7 F 11Y-1~ t r t ;'cable 111-5 C,omparrson of Eatii"tted Power Supply Costs to from Selected Organizes mans (A) ill) 'ilsf'A Missouri Imsin Cost to Cities cost to Customers Year Mills/kWh h, 1.110AWh 1979 22.54' 36.9 1960 ~.,w,41 12.9 1981 - 26:41 41.:6 1462 31, 4 96 4100 1983 .1 3 38.4 1,984 ` 30141 40.3 Yeasb.'A6 4001 19e6 40.34 NIA,' Column I shows a rimiilar', ~iojeotian° for, o4evgy c'prts, ,000, the Miffis,6ot 4ii :Ia oiaipal pots!:. Ajschy (NisAdurt basin) wh~oh -'.A'O*vos `44aiaci,ai aAitia# in Isrwa, 11tia eaotaf a g6uth DA *O o !lis~buri , ,Bahia i's Park, ►sti in the q( atsrraot~ibe ;'n ar' wni.t~; l3dd ltN'► ana ~li'ired ~`eleatrie % fettara int station at ~lhaatliend;; Wyoatitil~. A comparison of'' the_ delivorad enex j+ costs ; !'ar TlfPA. attd'' Mir~ravri 3Fasii eha~vr that ` the acrr of paxex i'rom 1'MPA .ls looasiratsnt with>'that ; o~eotad`by Nirsburl Basin iu; the ripma base peri,60 Total product ioh ccot,f, on the order of 40 mills/kWh ,(41/kWh) to the aid-09's are typical of the 4osts, we. lea for other utilities who sire now depandent' oer gets and of l and are coy ottuntin8 ew coal or nuclear unite. The Electric Vower Aasearo,'n Institute has projected the levelized busber costs for now, units kenterin8 sevsiee in 1986 at between 35 and 50 millo per kWh which also reinfdidas our. conclusion that Ttftl s projected power costs are not 16consistsnt with those expectod on a (nationwide besi.e in the 1080,04 4 I r t~tr: i1 1 r. 'S r 1. : 1R,1 I I W i r h y~ TIE EXt~~.bi~ Izx-1 MANA8QIENT StUQY C4WAR I SON OF E3't' I MATED CAPITAL COSTS FOR COALS-FIRED GENERATING UHIT3 (ALL WSTS TRANSLATED TO MIO-YEAR 1982) yObD 2000 t, E A 8 tooa a , Soo ~ A +ar~ IT" 600 200 100 300 Soo 1000 woo UNIT,NET RATING MW t SOURCE: A. COYOTE NO 1, 410 MW, LIONITR, N. DAK., 15181 f S. COYOTE NO 21,-410 MW, LIGNTT t, N. DAK. , 1986 co PLANT X 2-782 MW UNITS, 9111JMINOUS COAll LOUIi3IANA 1985 D, PLANT Y, 2-787-M UNITS, L16RITL, LOUISIANA,- 085 EA NORTH VALM10 NO 1, 250 MW, 81'JB-BITUMINOUS, NEVAbA, 1981 P. PLANT Z, 1*120 MW, LIGNITE, 'N. DAK., 1986 G. WRAMIE RIVER NO It 500 MW,'LIGNITL, W iMING, 1980 r, a - :5 ilf G f I{I`e, iE' i +i T* h UhLV ~t.rLL~4 t KA MkI111,M Co POM .R A4KMCY MAl1 Aa Ep T STUDY. aRA)A OF 346 NS CRE K~PR04 OT ONE-LINE 0141 FACILITIES FOR THE 01BBt~N ,~r,{{ 'C5< SJS~vxrN~> xt r N ti d a ~'S. Yr is r~. y x'<s i x b y P 4 on t r i sv w t 'Kt ~t „ t n.Ntu/. Mid i (J + s LUE 6REK y'1~ , v~ \ ~i~, tlLZj,'fl Ell A '~4; NEp r a t~ Y I P < 04 f r,ty ^'k rEW tYf{~ 1,t o l N OAK ~e ~y as LAM, ~ I M ll ' P s F ! K ( 'il "row rliirt Ili rP v t!r! 'rr~ n V f S1 , t 5 t ; s x x i tr j ?`~.n e~ s P` 7 rl sn s ~.,s Q j~ r sl stiU i t o 3 S 9 ~'.8~ATICN rY f •ti' ° }t~ t~ ' `~Y ~.rs,'{~'lt (T? &:.-LI srcr 4t r " fsjt a~ a r ;lob ` ,~;~Fo r, n4! s ~ fit. < is« ~ s~J~s~~ fr~1~, ~t+ > f ~ r P s si~sy + ~ +e~, K 1 Vy, , 3 ;,5, 9,b6 ~Ag(, t'f f r py% a A'M, X]ahw t o , Y w '3 r' si. 6 k/§.. ~td p%~d. ) <1 Yl a lo}~ 7s~d f r~N 44 Gt AA N r~ 1„+C( ~ ~ ~ { u J t q ) { tlf 1 g r j ~ ~11~:-sdv, ire ye Iv ssrv w f~ ~ ,s S d i< ~ 'b ! e' sjo e Pt t 3»qt, a; 4`'~I ~ fit < a ~ , , ry ' f n 4 P ~ h, xtt z e f , 1 OWNED FACIt.ITIE r l6, r! f, r 3 } ,~sCs r OTH Q~ ¢ f / T is<i¢3G f~y~ t` ~ s rs yy\, 4~tst ,f1. sr s ih { jf + It ~f ( f . ~ )1 vrrr E f rs+ svr/"fs~y~~~q` `A, f STY , ~ sit' , wIfAR'TCN , I'6 A i'r r 4 s 138 KV ..r►.~.... ' (H!. A NORV 903 t t ` s ~ A P- , Y I J~ It$ Y KVY • SOUTH tIl1S~1. A. P AR 18Ii , g r w CREEK MAO NS n,, ~ ~ 01 BBO " M CTIC Ow NO r v"M k3xhibit III-3 Pass 1 of 3 TEXAS MMC%PAL P'OM A,`LNGY MANAGZKZRT STMY LISP OF PROPOSED SYSTEM RELIABILITY AND DEVMOPMENT EXPENDITMS Utirated Cost 1979-1988(b) Description (a) io Or•nville Phase-!,- This includes the construction of 3 2.2 14"If'au sate y , 0 lost of 138-0 'iost betive ceriaadIs 01~ plant Ladd 4reaivill4. 'it :Gill oupply` the reserve aapa ility that 'i6 ,seeded to supply the load requivevouts for the City of Oreeayille *bat its largest unit it sat of service. 24 Oretov Is a - ~ -inaUdes the '4aeistructiaia of a r aao~Lft*bdpteem G+l~rl+sad's 01 Pleat t reextvills, Mad spproxim" brn; miles 084 tin* ' from the Gres i► lla Otaam runt to the Cre0 4villa Die' rel tlaoto (Tot yet approv+ed.y . mt ctiaet s - This consist) of the 3.6 _Ie oagrtfucto line, from Gibbotu gr*6k' to the''keith substation and chati,ouj;rtg to ;the Daasoy,3ub- station to. reinforce power delivery to the Bryan' Ares. 4. Nall; Switching Station - This includes the conat"etion 10.4 of 4 switching station to provide an independent' high voltage scurae of bulk power to the City of Bryan. 3. Bryan CApV&~4tor Banks - This includes capacitor banks 041 to sUppl,y the ineae 'oTvoltagq support to the brgaa system to protect that system from severe voltage reduction during certain contingency outages. 66 Garland Phase I -'Phis consists of 345/138-kV Carland 1819 Cetitr~ Sabatat~Lon, 345-kV lkoyse City (Texas) Switch- station$ Approxiottely 12 miles of 345-kV line from Royce City to Garland sank-a1, approximately 3 miles of 138-kV line from Garland Central to Brand to Olinger, approximately 7 miles of 138-kV line from North Garland to Apollo to McCrea and approximstely i 9 milea of 138-kv line from Apollo to Olinger, This will alleviate thermal overloads and unacceptable voltage drops which would otherwise occur under numerous miYrxle outage conditions. i I .y . FR l Page 2 of 3 i ed I' t 1~~t ;.oRt 19'79-1968(b) Dasc on (a) millions 7. Denton Interconnection Phase I - The construction of 4.1 app o Mtley 4 ~mili~A of 138=kV line fros C:irinth Substation of Texas Power and Light Company ("THL" to the Denton Steam Plant, iaoluding a-138/69-kV sub- ' stationr *%W approatiantely;4 miles of 1384V lim from the Denton Ste* TUAt ~ to TPW a 'Arco 9witehetatioa o improve regional transmission capability. S. Dom. ton Interconnection Phase II - The construction 6 2.5 sneer oat dean o_ Nor unto= 38/69-kV Substation and a lWACV line from the Arno WtchNt*tioa , to North: 0"toi to., o . etrw, ,,,than power einpabiiity in +the North Denton area'. 9. Dan aterearm4eti Phaae M The eonstru~ tWo 26.4 of Denton Co tr 13~5I SubstationI iEII ~ 34S/18 -kV lubst4.tton, approximate, ~r 2Q,Oitoo. of 343m; lie from aka Substation to , ptitori Contralti, approximately 3 s=ilos of lWkV from Denton Central to North Denton j,, approxinwteiy 7 silos of 138-kV, lino from Denton Control to Denton Steam and approximately ,4 miles of a, second 138-kV eircuit 'from Denton Staas to TP&L's Corinth, Switchstation. This will provide bulk power support to the City of Denton. 104 Dental ~-Harland 345 kV - Thito consists of the constraction 31.2 oap,:r to y`7a3'm`iles of 3454V transmission line from Csrl&n4 to the Denton Central Stations to provide transsissirn', support to serve the City of Denton# This line will strengthen the Agency's trai,amission grid between Denton and Garland and improve the overall reliability of the extra high voltage system tnterconnsc t Loos that are vital nor single ccntingencief., 114 Forna 9.E. Garland - The construction of approximately 9 916 miles of line to provide a separate 345-kV source to the City of Vairlsod. (Not yet approved.) 12. Forne Ttis~Corner - the construction of approximately 1.1 1091 allot o 345-kV lint to reinforce the bulk power supply system serving thlr City of GArland. (Not yet approved.) 13. Oak Knoll-Rot's tit, - The constructions of approximately 83.0 ' 14 miles of 34S-W lino to provide bulk power transfer to the Garland and Craenwil~t areas. (Pot yet approved). &A it t 3 . liege 3 of 3 Estimted Cost 1979-1988(b) Description Millions 14. Dual Exploration and Acquisition Pro am - This includes 8114.7 the explore on for, development of, or the acquisition of fuels for use in future generating plants other than Gibbons`Crask and Comanche P(dak. `'(11ot yet approved). 1s„.teoeo~rio Ais tah, studies Tilese.,studies a" eoncornod 1:2 WEE the Y11-spatching o the Cities' and the Axencp'• i ni units to provide the-sort.anonsical usa of eneatig units and'transoission escilities. lb. Mierowit!r,C~icatiae►„r phis is construction of 7.8 I,' ; coerce cet en.ap~"aaatral,,laailitiss newt additions to, 1s0eh Ocilities `so as' to lick 44ch of the Cities) ihrasae' and:tt4 Agency with r lidble end affective aarwwnication syst~glll. ; 176 Other soell eous bavelo Mt Pro cots - Include$ 'Funds 7.O or , feasibility ' studies and aopt st ols on other pkojects in the concept or planning stage. 4?X f c sk tatewnt, August It 1978 (L) THPA Capital Improvement Flan, Fiscal Years Ending 1979-~1998* Costa `do not include interest during construction or other legal and financing Costs.' I 1t: .r .iG}rl~., "c - - . 1U i P 'it's „F S= ON TV own, Pa t@ FUMIX V et AM ROU, Of TWA I A. Courses of Action Available to the cities TV-1, Mu of . r rr~s s~ r 9#3 !'Irma, 4e1e Zvi ,f C• ~~fM~ry1AM r~ '~1RL 1"" #t i!'f"rettsa's Mi fte ~ h w~ A "w 7 f t t r ~ off i r r Df rieCtots, it Nes tV6 ; 211.1 Proposed C grsnitation .~bsrt, operat" X stiff Cibblvgp Creek l+Yaut ' IW2 B04r i VAVbetr, l,*nsth 4f lletrice' rV-3 "Ptoposed,UrganitAtim Chart, Ensinaering and Operat.lens Divit'oion i'l ~t IV. FUTURE DIRECTION AND ROLE OF TMPA 't41W a turbulent past and progress-to-date are doecribed in Sections II apSJ, I1I9 respectively. It is not really productive, however, to dwelt. on this historical Information since the real issue isr "i orsi does TMPA go eroa here?" To answer this question, we have consolidated the results of our:' intery tows and analysis work in this Section IV with emphasis on: • ! The courses of action available to'.the Cities e Recommended near-term and loagerMrango riles for T"i • The current composition and role of the THFA 4axd of Directors and the Mjisory Committees. rseh of Action Ai~,ab.lY to tie cities .A. Cm gl Dori" but intorviews,; officials in each of the foa~r Citie~t' tadieated to us ' their aonoern' over TMlA'e rising fio+uacial ae' ds cad with the ,prajeaed high cost of ouaksy, prom this Agency. Th j also •aid that slew load growth and the Agency's C,4-! rrnd management problede in 1977-'78 hue caused scow of the oleetotcte+~ to 44lt05 :ion :the' tlitios' coot iouing ;:Parttcipatioa ia 'MgA. Those factors: I have led two -of the Oi,tios, to at 1+ ast think About their options. The alternativois explored by the 'Cities have includedi 1. Withdrawal from THPA and ' continued dependence on their existing gas-fired generating capacity for the immediate future. 2. Withdrawal from, TMPA and the use of purchased power to augment and displace gas-fixed generation. 3, Withdrawal from TMPA followAd by sale of the respective runitipal electric systems to a neighboring utility. 4. Continued participhtion in TMPA, at least through completion of the Gibbons Creek and Comanche Peak Projects. The Cities of Heaton and dreeoville have received iaformal legal opinions that the first three olteraatives shown above are not practical. our reading of the Power Sales Contract and the recent 'Bond Resolutions endorses this view. If wne City individually withdraws from the Agency, it +ould still be obligated to pay its fixed share' of the ddbt service on the bemds issued c~ through completion of those projects already ailprnvedi namely, cox the units at Gibbons `Creek, Comanche Peak and the System -Development and Reliability Expenditures. Since TMPA anticipates approximately $1.0 billion in debt will be required for the committed Projects, the continuing debt burden on even the smallest paxticipaznt, Greenville, might be _$100 willion even after withdrawal. 84e' of the TMPA interest by one or all of the participants is probably also itaprutical at this time since the angirneering, 'eons trui4tion# land and £uel acquisition work for the major project at Gibbons Creek are Lneomplilte The Gibbons Cheek Pt!ojec't is not a going enterpriret onsequently, the Cities probably could not recoup, thaiir invattment in any sale attempted at'this tiaw. Cities' 1, above, is unecomonic due to the greaten fuel coot of the ' 8 rating un{ts. It is our opinion that the Cities =&at also reek to divetrsify, their fut,l supply and should not re wfrl eorpleiely' dependent on gas and oil-fixed xeaeV-INtions $$~Uca 19(31'.tho priaa,-of tastura<l gar has ieticreksed - by a factor of 1 c'ea and :further increaires; tiro in 'the offing at contract renewal time. The price of'the Cities' alternst* fuelo.ail, is also rising End the availabilit'r of `both fuels _i4i ~~nc•_rtain cue to t1 * sctioaa of foreign govertttsents, depletion of dometic resources, distribution; bottlege ke wad govazam t iuterviont'iob in the energy markstsa~ k's b4lieve that a ►snceruintiea ~t fuel pt:ic~a and ,s4c"rity of fuel supply are compell.'ing roason• Or the Cities' t6 •±.k aitiiinative, prinary sources of et4igys 7 Despite recent s'[oering ip. etleetricixp growth rakes within emiph Cityi all four ,euniciPelities .jW£Xl ali6',rsquirk additiotiak $i trAting is pAcity i►r if the fukurs anet ttwersfora akrst:cc►nt~iitiue power suppl 'pliknpifi*, All kired on the C£N~tes' XoRd sots published in August 19781 etch o,P the four, Citiejo will euteir a defi,a'it capacity position 14 the year sho*,'ft in 'fable IV•l. xabla IV-1 a tited t E t:iaoA Date* 'When the Respective ci its Jall ri jt a sire Additional Cenerat;Ing gUMit C ' trysts 1988 flentotl I4ge Garland 1981 Greenville 1983 Since ►ead times of six to ten yeet s are required to put now generating capacity into services' the above Table, shows that the Cttiea of Denton and Caz'laiid would have had to make commitments for stew capacity in 1974 if tht dihbone Cheek Project and the Comarschs Peak Project were not %eheduled, Purchsood power, would be an option for augmenting or displating &&a-fi ved ,geoeration in the Cities if they were not already obligated to carry the debt burden for the committed TM,°A pto,jects. Ice rum of the_TMPA debt service,; plus ship cost of purl haled power is certain to exceed the cost of power from contit'tued patticipation in TMPA. This result makes Alternative 2 above decidedly'unattractivey Jf T'ha datett etl estita.tad assuming that `s11 existing ggas-fired.. capacity in the Citieza witl r~emein it). use with no' constraints im"aed by a lack of', fuel, Tablo IV-I is also stated prior to adding the cofritted units at' Gibbons Crerek and Comanche .Peak, ii Sd' 1' ' .rll. I~ 1 1 r 1~ 11 e r ?inalby, sale of anq one of the manic, ipal syoji,ems at this tiaw also appears impractical due to proviaions in the' Power Supply Contract and the continuing liability assoc,iatf4d with the! committed THFA projects. In summary, the only practical course of a'ctta t open to the Cities at this time is continued participation in TMPA, Alterilative, 4 above. In reconfirming their finanlcial coeeaeitmoot to TMPA , however,,ilthe! C#,ties mtgt ilso provi4a more. sp~idit`irr d'irao4cn to tt~te ~;A Gsbera~, lla~ltMger and stal;f. T!}e possible moles for 'they AgeltY r %rp daac>i<ibtd ~ti,: kb0 ti t aelct oea. B. ' Role of TM'A 1 II.l It} 4;iion Three - obserrations dr*wa froee our ` interij JWr are part;eaularly strikingt t a. The utility. Smtff pere0Ma of in the Citieee Esser .fthey, eo longrf had . authority! Or coietAl ovdr~ paNei fupply p1intti69 their roiiipecti,06 ewnie:ipali6iea. r '.t ie not ;,4 ` eiear, heywil~rs~t,,, , ith~ bas:; th#l reMpaAsib£1~ jr thir Utf1;~ ty' Eoa~ the City OtittciaW' tMPArs. hoard tif. Directors?' or the' THPA staff? b. The TKVA General 1Nanaget and his staff have received no rof'"al statorwAt of goals nor a long-term emission f,t'o% V„he Citieer ot the TMPA baarq of Directors# At one tiaa p the stardf understood they'. were employed I .,o plan, create and operate a , Duly:-il l.a(ige:d utility, After 'the manaodimant ',Iuphssval ith .''19789 the i~uioviving , sta'f f members yre'~, not cartain what long-term role the Agency is chartered to, take, in financing, ne plahuing, engiering, e6natruct,lott, 'contracting And operations. co 'rho TMPA Board of Directors have made no absolute commitments as I:o TMPA's future role and a consensus of opinion among the toard msmbel)ts is not apparent. The lack of formal direction implied in the preceding statements hill, been compounded by personnel rhanges in the Cities, on the Board of Directors autd at TMPA, As a result of the personnel shifts, 'even informal commitment s as to TMPA's goals have changed froti month-to-month, it our opinion, it is timt for the Board of Directors to iitsue more formal direati'ons to the General Maneiger and to make stabler commitments as to THPA's future. In particular the Berard of Directors should formulate positions ont , « TMPA's role in operating the poser plant, mina and transmission for the Gibbons Creek Project and in generation d.iapatchirtg. n WA's role vis'-al-vis that of the Cities in load forecasting acid power supply planning, d&9 i - - 77 k ' T 3.2 ~i1~18 g At inoep;tf;an, .the Cities apparently understood that TMPA would act as a lagal and financing vehicle to acquire bulk power and energy for saeuicipal use. '>;'ho A! keel subsegabntly acquired a planning send wml sfneering staff and became intimately imvt►lyed in procuring equipment, in engineeritig and in contract negotiations anti management for the Glb'aons Creek Project. In 1979, III is clearly charged with completing the construction `of the Gibbons Creak pmMr,~,plsat,, wine. and ttransaisrioo lines tt THPA's role as. the operator of these facilities, howevo t, has 611 boon ded.l s, We estimate that operation and Maintenance. of the Gibbs Creole po+war plant- will require a supar*isory and labor force numbering appraxiaately 92 persons as shorn its xxhibit Ip'-1# Eased ot! an average gross salary o! $181OW m individual, the amsail payroll cost for the plover ;'plaint Is l"3 ,Meld approxftsate aillion plus pon3; t7 and benefits. tn; c4naa~,e► A''aitald iti to thia° staff ltiroctly 'reef provide for *cmtractor to Jrt,rf avid opera to the purr pla~tt oa, TlIPA' a b~hx4lf. . ' • It it our rocaan+t+d"'rion , that ICPA shoield ; ftff atid. sparked" :ohs Gibpo>xs Creek pce►I~r plant' by diked txirit►;; Coetxwrst q 'er a Sid fee no t1t:pAO~[C IttlVantsge~ p. atiaa ;sins the civtri of opet~ator would ine.74d* the a - aas dire'c`t and 'itEd neat por611 cat+ts, and; would alst charge a mansegewent felct' . that migl'tt be caloulated' as a ' percent C 14-S•SX) 'ok thfi total 196or Itipep,ses Ot the plant s Morsover, TMPA will hand., an inV4lStMent of[ approrr,imavely $1,0 billion in the Gibbons Creek' unit and 'r'loullIf %aititain d;irer,t control over the power plant operation which is crucial 'in serving th,e ;Cities. TMPA acrd: the Citi,as should have. a greater ineentivA• than a con'lt~esct operator in &mooring ` timely maintenance end efficient operation of the'"power plant. Optirat:ion of this Gibbons OTeek Vi~gnite mine is mother mesh, A ' srsaff o 161 has been projected by the Paul Weir Company for the itri.ne a+nd the ; direct or,4 indirect payroll costs, for thilir, group have been estimated by Stone i Webstoi ;rti total $2.7 million in 1983. "We recomaend that MA arrsail+ for An OAporionc:od contractor tie provide the srrff and operate the mine for on 01tial, pwxiod of five gears. Wh believlt that this approach is superior to di'rlret hiring of the mining personnel. by 110A becauser e TMPA's initial rocruitingo relocation and training problemel at Gibbons Greek are t 'ed4,ed by almost t" thirds. e An experienced contractor can opori the mine, implement the initial mitking plrn and iron-jout any excavations drainage and reclaaastion . problems wl thout involvement by TMPA on a detailed levels 7MPA should have sufficient challenges in operation of the power plant.- 0 The contractor should hsvw expdri.onced supervisorst foremen and key equipment operators with known skills °vho can he moved' to 'Gibbons Creek and start woick immediately, The coititractor should also have training and safety programs ghat can b,+i implemonted without, the trial-and-larfcor corits that would .('.sae 'i'MF►A. :u At tho and of five yesi i TMP,A cou11 a let. to take over operation of the wine and ibus assume responsibility for a going enterpirise# 7MPA aright Also alect'to continue the, contractual arrangement. TMPA also Anticipates acquir,?gg substation and transmission property as part of tle Gibbasu Crack prol'act 'and as a 'result of other investments in System `Development and Reliabiii",q Projects. Those facilities will include those operating in the gxtra High Vohtago (MV) range at 345,000 volts and ebov'a,, Cther ovoenditures will proidde lines said oquipastot its the Nigh V'oitsge (HV) range betvQen 69,006 , avd ,1340000 volta.' Aft. :okFtdA0S,,sarvi¢a, all of ;these subs ettons and 11140 will " regains ' `periodic or woorgency stsitttsnsatce to replace brotcen arrestoi s, insulators and conductors, to repair state damage, to test oo& lubricate r,witabos,, and to servics trausf'ormars a maters. Maintenance of the 1XV facilities, in particulrrp will require, skilled persomml and epeefal aquiplsent due to thoi 'high voltage 14,00261 and consequent personnel has tArds. i+`s recommend ttt'dt TWA i4ontract with the kagas EleaCric Pawar Cooperative or with l'+axas.ntilit ies'' to operate and maintain its =V liner and rtastakioas. VIFA will not a": sttfficiegt, circuit-ruler of ggV► line to jurtily Cha oast of crew, trainiieg And the s~lcialised equipment needed to work OA 30,00A It clzcaitK rr!{ich my be„ .either eaergixed ox outwof-sernrice. Both Ira*** *Wk~ 1204's O'tOittest an the other band, already hove extensive transmission netwotks whioh require the~► to maintain both proficient crows and on inventory of hot-dine.; saintenance~ equipment, The av circui.ts owxeed by TMPA will also be operslI d,as..part of the Texas' Interconnected System (x141) and operation and imaintansnce of TMPA's EHV' lines' can probably be coordinated most easily by those who alresdy operate major portion# of the TI4i network. I The four Cities that *re participants in TMPA are experiet:'ad in operating transmission and distiribution equiptaeint ratsd at 69,000 volts and below. The Citias can probsbly provide the craws to mintain TMPA's RV lines and substations as an extension of their normal workload and are recommend that IWA contract with each of the Cities for this e+rvice. We sraticipats thet TWIA may need to under0rite the cost of some spec ia! traiiiint: for the Cities' cterws, for one or two high-ranger trucks and for some ht►t-Line tools. The aittremative of hiring, training and equipping tyro, threewmao line crews for operation and msintonance' of THPA's RV facilities would be more expensive, Direct and indirect payroll costs might be $2000000 in 1993. Both rioup and after completion of the Gibbons Creek and Comanche Peak unitst the Ci.t£es will need to schedule and dispatch the combined inventory of gent eating equipment toe e Ma+et forecast customer loAds on an hourly, 'daily and seasonal basis.` e Vrovida for schndaled maintenance of all units. Absorb forced (unforeseen) outages of generating units. 0 Msintein adequate voltages at the City's; bulk substatiime. r i ~k ~a rr + I I I i' r Satisf' spinning reserve, transmission lasses and regulA ion requirements dictated by regional agroomnts. • produce power at minimum cost while dealing with fuel supply conotrsints and transmission line li,mitstio►ss* overall responsibility for coordinating and scheduling the contained gonerRtion resources of the. pities should be assigned to TMPA with actual hour-bar-hour dispatching to be done by the City of Garland.' TMPA should take the 1'ad in proposing, designing and supplying the procedures, the computer rograuls and the reporting doavMnta needsd to operate the S}en.ratio,a system. ,ln tb,iat'I role, 'L~lPA ahn+tld seek and, incorporate advice tams the Technical ~rowsrf ttee. Table IV»2, below, rwoarixos our, recommendations as to MPA's operating roles Table IV-2 >RgCUI!!!B ED OYRRA'PIIKi A88IQtRtgN`r9 I Pxwity~orr ~!u~au~ac`sforma gratin arMniaetioa Othboas Croak - pq~,« p~auat MPA - t,igaite'nine Contractor(tnitial S yes►re) w TxaarMiaAion-tG;V Contractor transmission Lines & S+Abstations Extra High Voltago Components Contractor. - High Voltage Campitnents CitiaK Other Fever Pr;duction Plant w Yxistiag Local Units Cities - Comanche Peak 'texas Utilities Generating Company Gendextion Scheduling TMPA - Computer program Development TMPA` Dispatching City of Garland B,a Planning Role Every municipal utility has an ongoitig responsibility to provide the poster and energy required by its customers at a ressonoble cost. In the utility environment, however, long lead times are nocessary to build generating units oir co acquire fuels, As a consequenr,e, advanced planning must be expected of and undertaken by municipal utility departments. t Having stated the theory,` our study suggests that the municipal utilities in Bryan, Denton, Garland and Greenville have effectively surrendered their responsibility for future power supply plauning since the ~ xWr formation of TMPA. Ir is not clear, however, that the 'citp councils or the THPA 'Board of Directors have delegated this function 1;o; TMPA, The Cities should not gJ'.ve up their,planning gold so quickly and should be aggressive in both load forecasting and the study of power supply altertutives. We recomaend that THPA collect, consolidate, ev,alttste and verify load forecast inforu&a:ion. TK?A should also propose innovative forecasting methods cad pftco nret. The fouc in primary rresponsibility for Cities should seta making' their' dun load forecasts. The local utility .;dep&rttat „should have or sbanid develop a compl*to !knmledge of local Piypulation, 1 onto eco'portic l~tortyv and should be conversant with municipal, industrial and residential dsrelap sat,plans. rrom ttifn' base, each aausicipol utility should be ably to swke realistic load projeo,tiaas And coordinate their adoptiob within the City. This procedure, plalea the responsibility fotr access, adequate or ssuftieisat`electric power in a depertment accessible to the local Customer, W phould dorel~ or have developed for thou pave; 'aapply, plans wbich. y looltida bulk pc..or, sales or pureba¢es, and unit additions beyomW the Gibbous Creek sad. Cbebcf 1'hak .units, At the •aam 'titei, the local utility, department- ihoujd, be eb~ctrg~y'i..with "king' indepeademt studies of tale Citp!s paver ;supply optia•. In t31#• atirity, we tbitaic the utility stall should 161ok on 00A as but one co*fetiij supplier 0 electric `energy,. Each city, other antitias.+ should evaluate the economics of fixture power purchases from Outright sale of the ouaieipal utility should also be considered as an alternative in such studios providing all 'obligations can be satisfied. In summ*ry, we recommend that TMPA be'givan assignments to coordinate an ongoing load forecasting effort and to develop, or have developed for it, long-range power supply plans. At the same time we feel strongly that the Citieo' should play an aggressive role in both areas with the planning activities of TWA and the Cities uoordinated through the Technical Cdoel i ttes . C. Aecomtaended Roles for the T'MMPA Board of Directors and the Trat l opyp line While evaluating TMPA's history and possible future roles, we have also given consideration to the composition and activities of TMPA's Board of Directors road the Technical Committee. Based on interviews with a cross section of the Board and Committee members, and a review of pertinent documents, this subsection has been prepared tos s Rt+view the present legislative and policy constraints on the structure of the Board of Directors • Describe the original ant present composition of the Board and the hoard's current activities e Recommend a revised role for the Board and the Board's Committees e Suggest a modified role for the Technical Committee e propose a change in the designated Chief Executive' Officer * This r;commendation applies to the approval of TMPA generation projects beyond Gibbons Creek and Comanche r+aako ly i Zf ' . C.1 Board of Directors, Legislative and Polite Requirements The Texas Municipal Power Agency vas formed in July 1973 in accordance with the enablfih' legislation found in Chapter 16660 Acts of thr 63rd legislature of Texas Regular Session, 1973. Section 4A, Paragraph B, of the Act speoifies: "A Director shall 'ae a, qualified elector and reside within tha.boundery of _ the Agency, at the time of execution of his consititu' domal oath of office., Directors shall serve without compensation,, and an w*loyea, officer, or member of the governing body of a public entity may stare as a Director of the Agency► but shall have no personal interest, other than as may exist as as e4layes,. or offleer, or member of the governing body of 4 public entity, in spy eontraat execrated by O Agency." 1 This document clsirly requires that the Directors on the =A, Board t. , be residents within the bourulary of TVA and sexva without compausationa On,itovumber IS, 119761, the Board of Directors of TMPA adopt;,ed the " present Rules` snd Regulations and a'"neral Policy. Article ilY Sec,rion 1, of the Rules and Ragulstio"s specifies that the Board of Directors shall manage the business and affairs of the Agency. Sebtton g, of tr*t sage ;ArticY,e further 'prescribes that the Directors sha?,l not receive any tompen,lation for their services other than their" normal reimburst+ment of atpenom actually. incurred in connection with the business affairs; of the Agency. ` Article IV of the Rules and Regulations deals wfth the officers of TMPA and Section It thereof, specifies that the officers shall consist of a Presideat~,. a Vice President and a Searetarp/Treasurer plus such other officers and agaist'ant officers as may be deemed necessary. It further regiuirss .that eaoh officer. be elected by the Board of Dirt:otors and that the office 3f president and Vice President be filled by a Director of the Agency. Section 4 of the same Article IV goes on to describe the duties of the Presidents "The President shall be the Chief Executive Officer of the Agovey, and, subject to the control of the Board of Directors, shall in general supervise and control all of the affairs of the Agency." sectit% 7, Article IV also provides for the Aatincy to be administered by a General Mtoager uad4r the conditions stated belows "The Board may elect to appoint, employ, or terminate a General Manager as the Chief Administrative Officer of the Agency. Such officer, if appointed or employed, shall perform such duties as may be assigned by the Board or Bxect,tWe Comgeittee." "The deneral Amager shell " serve as ~ S,'til. ; i IV-9 ?1 the Chief `Budget', Officer of the 14*ncy and as suchshall be responsible for the preparation and administration of all budgsts of the Agency which have been adopted. by the board. The Gereral_ enManagers mawho shell s+►n►operating onsib'ility ter the Y delegate p-301f c duties frog, time to time to other Managers or Agency employee@." Article IV of the present Rn41es and RaguLtNohs ohaa:'h states that the Presideat; of WA is dasi#t tted> to be the , Chief `ixeavq`ive officer while. the Caaersl,, Manager is the Cbi*f Admiulttt*ti 4lfideto '~tha `Mist Wg t Officer, and also has vparaEi4 responsibility for the Ageocy. This set of policy requirements was adopted by TWA's initial Board ';of Directors and established the dominant role that the Cities expected to pYay in managing the prgehrisation. C.2 Board .of Directors >litial cosmoaition and )Kola The original Board of Directors for TXPA eras made up of the foilaria= individ olss WWI CIT° RM121$I:S ITY B " Taxes James T. Wright City Councilmen Travis Bryan III City Councilman Denton,; Texan Douglas F. Blackburn Utility Director Jsshss W. Whyte CEty Manager Qarlsmdt'Texas Edward Krouse Electric Utilities Admiiaistrator Charles 94 Duckworth* City Manager Greenville,_ Texas Carl Willlatmson City Councilman Kdnneth Li4den Mayor and Councilman *President fxamination of the preceding list shows that four of the eight original Board members were full-time City employons in Denton and Garland. These individuals, with utility operatiag experiences had been participants in the initial planning for the Agency conducted by the Texas Municipal Power Pool. Mr. Charles E. Duckworth is geuarally recognized as the founding father of TMPA end was in a cowundiug position on the Board. fin apparently shad a major role In the initial decisions made by the Agency in comitting `he IV-to Gibbous Creak Pro joct' and in. seloctL►g thF major contr*ctors, The rota of Chief Bxacutive Officer was probably assigned to the, President's position in h recognition of his r.nfiuancd and ma,jot interest in the Uvalopsiant of TMPA. 6 Rare' of the original Board Himbers aro presobtty Directors of the Agency and Messrs. ',buckworth, xrausa, lliackburn and White hove all left `their respective positions in the Cities of Garland and Denton. In retrospect, it was probably inappropriate for City aimployTaos to oocupy oss-imlf of tho Director'e seats iii as organisation that planned to incur a Bl.d, billion fitwocial obligatiSa on behalf of the tout Cities. In `1917-1978 Ibis situ ttioq_ was corre'etad as the Agency under-nut management turmoil and the ` City Counaile took control of the THPA boards Preggt Cy"ositiont and Rolg, C,3 rioardof Directors, I osr4~ r Dire ctrt ~.ii. w..wr.~ E In the following t*bvlatfon in:ha~►# IistaQ xha current Board Heabers, the Officers of the Mlostd, asoid th+ it positions in the ,aspeative Citiast 1ltlA1ID iRS "TY aM i can.' Tom Itichard A. Smith* Mayor Wayne Gibson City Council Member r Denton, Texas Eleanor Hughes City Council Member Sill Nash*** City Council Member Garland. Taxae coven Smale** City C04ncil Member I Pete Eckert City Attorney Greenville,, TexaN Joe E. Ramsey City Council Member t William F. Blkino Mayor ` Officeres *President **Vice President ***Secretary The preceding list reveals that the present TMPA Board is comprised f of seven Council Members and one Attorney from the participating Cities. The Board has thine progressed from a make-up dominated by full-time City employees to one controlled by elected officials. We 'believe this change has been , appropriate in light of the large financial commit.msnts to be incurred by TVA, The Cities have also given TMPA effective control over the price and avaitability of anaergy tteeded by that Cities in the 19801s; consequently, the board of Directors -should be comprised of officials sensitive to the concerns of the electric cuatimer and voter. v'y ~ 3 i ,l1►a,11 The 'MP* Board of Directors has overall responsibility o et: and f K setting policy providing direction to the manalgemnt of TKPAe They are alto responsible for recruiting and hi{ring the General Manager and, for saprovin; Staffing l~n►,~ls, operating. budgotl, and capital `projects. Our review of the Board meeting 'agendas and iattrviews with the Ao~ard Membern, however, indicates that the activities of the present Board have gone beyond these roles, e In 197130 the Board of birsctors became deeply involved' in the day-to-day opesnti,ons , of the Agency apd ass d the role of soy oversight coadttee. The Board adopted this posture after losing confidence in the previous General Managere This loss of ccg tidanee apparently otssad from a,. suspia ton that WAO s mi mmWeAm"t was bei iding - se aspire and bad 'p", snx far a largo oti~lity operation to be suppertad by, riventwee 'aoll,eet*4 ih'Cities,, The original *kmeral llem"Or depiriod In aids-your 197e; sa :d, for retire this six wmthst the r;g►oard , dirooted the Agency,' through a aucaession of acting; Cameral M+magerp. ; e The Gaittaral policy requires;'1MP to seek Board approval, for all expenditures which require a `dash commitment in excess of $200kV00'e As a eonsequenoa, the Directors are asked, to approve individual purchase `orders, work orders and chchge orders for items like. pumps, locomotives, earthwgrk, - material handling systems, substation engineering, val'res, trsrsformers and mining permits. • THPA encountered legal and public relations problems in acquiring funds, land and lignite for the Gibbons Crook unite Board Members have arranged meetings `batwon opposing partieap held lengthy discussions on. strategy and made direct decisions an legal settlements and condemnation proceedings to restore the project rahndu;le. e Board Members have been instrumental in insisting on thorough exploration and analysis of the Aryan lignite deposit, and in requiring confirmation of the fuel's combustion characteristics. In assuming all of these roles, the Directors have discovered that they are severely pressed for time, As private citizens, they are concerned with making a living, with maintaining a family life end with the conduct of council business in their own mainici alities. This does not leave much time to absorb the volumes of information generated by TKPA. Other concerns expressed by the Directors are listed belowa e The Board Members feel ill-equipped to evaluate and pars judgment an , all of the expenditures recom aded by ' the Central Manager. There are a large number of such requests, the Board M"bars; have insufficient time to review the resolutions, and the requests 1 typically involve highly teehnioal considerations. fit. 7777 • The Directors believe that the high turnover rate in the Director positions is very undesirable. Exhibit IV-2 shows a histogram of the length of service by each of the 25 individuals who have been on the Board at any time since 1975. This Exhibit indicates that 56% of all of the board Members served on the Board for lass than one year, 32% of the Board Members had from one to two yaatrn service on the Board, while only 12% or 3 Directors have sowed for a period of between 2.3 years. This high turnover rate has requtred 1XPA` to spend an extraordinary ssmnt of time is educating tsar, award Nft*ers. 'It has r also resulted iri a , 1000 - of Oroductiai ter on , tbs' part of `t#ie toard its a OF: while# • The time required to prepare for and attend the TXPA !Board sset'~Bs is significant and taken from thu Director's ocrospation or bus# The loss of fncooft is a burden to the present Dir4atar4 and .,n. obtttacle to recruitittg qualified replactaenee. • 06i lad tb,e Icard of bit, ctors have booti so 0' r!`occugied Mith -the 04bbaaa Cteek Project that 'planobij for the Citiei futuirs, sou pad' of poorer has ;;been deferred. ~ Date to tho loaf lead tia"s nob rsquiriq for ad4ia4, 'wtv tncrsmovts of generating `capscityo i6me of the !board Meabeis are cohoevtaad about the current Uok of lozg"~rsitae planaiitig. M The Board Knobers do not have an overall picture of progress-to-data on the Gibbons `Creek Project vim-a-v►is the control east plan and the target construction 'schedul'e. The cost and schedule information received by the rapidly, and retained, MThe~ma,~or obstacles f to on-timercomp'letian of be completion of ~ the Gibbons Creek` Project ors not readily apparent so the Board cannot monitor management's performance in removing said obstacles. ♦ The Board Members are worried that the cost of anergy delivered to tho Cities by THPA in the 1930's will make the electric rates within tho' Cities noncoMatitive with those of the neighboring, investor-owned utilities. This result would certainly lead to customer relations problems for the municipal electric departments. C.4 Board of Directors., ReeommendAd Role Based on the preceding informatir5n and otty expsr;l.ence in other utility management situations, we believe that TMP4\l s foatrd of Directors should relinquish the oversight and detailed management role it assumed out of necessity in 1978. The Board has retained a qualified Central :Manager and he should be given greater latitude to estabUsh ptrocedures' and to direct the Agency's activities, The Board of Directors can then undertake to perform the functions listr4 belovt e The Board of Directors must shoulder overall responsibility for the efficient management of TMPA to, the beimefit of its (wners, the electric custosers in the four Ottiss. The Board met also accept responsibility 4)r the success of NPA'.and serve as a trustee for the Agent,,'m assets. '.`1~~: tit Ss7, ' '~'~~J e This Board must astaltlish the basic objectives af, 1'MP'A and translate these objectives i:,1to concise goals that,;' the General Manager c*( seek to achieve. In edditiov to setting the basic oipjeetiv'gst, the hoard is also re,sponli ble for continually sr*aitdrins the performance of the Agency'• wwagement in woWk ng` towords the goals. Coals for ' T"A must include coat ~snd seheidule milestones for that Gkbbons Oraek 1'`rajec t, as bt $at ioe, deadlines for key coutraeits ' or r rttttg tsrgets or futt re pia m., e The board must formulatot broad poticiai ' relatsd to r±icruiting, salaries, budgets, penaioas aar procq;ramxtut actions. 'itaspon+ribili.ty for creatirug procedures to i ply nt the Eowrd's policies shsald ba delegated to the Gesidxal !laaag~tr., The , Cto"ral T Or, 3W It be recruited . +g4d hired ' by thrl board. ' The al' lfuwigOr, its turf,, shom'ld hays 'latita to 0,Ma~loble A': g ►lifiad asomp tt teams wb j"eet to ;approVril by► . i~ht+s goaxd. the, the long ' ruh, tar tioitrdt, atust prowifte th1i. !hrv+►1ap k r;°f t ag 3a1 taloi within the, At~gr''to toW a that q?atalif Ud, iadivi"a1a are afrsiisbie as re l acemente for every` kel position. 'rho, lloara must continually monitor the activities of the Agency to *haul,* that it is well managed and that sound mane;;~men~„ toei~niques are being used by the ;staff in c,arr ring Out t~ieir work efforts. The ''Board +sustw it~~sist on roe" `,Gving adequate info,~tieation to perform this rttle. The BoAml should rilquixe this information to be restruatured if f it too volwkinous, cannot be easily absorbed or does not expove. the key -issues for decision making. e Another keg role of the Board is the final, rtppr-bval of, all operating and. capital budgets. This approval isist> be based on a thorough review oi' the items contained io4 the budget to ansure that they are, necessary for the opeuation of the Agency. This; l udgeting role includes respa~sibility for continually monitoring the programs of the Agency in complying with the established budgets. Once a budget is app o1edj hogMver, the General Mandger shou?.d be allowed to axeuuta t~`ta. financial, plan without additional, layered approval steps on an itamrbywitem basis, 5~ h't /Eld CHI ~A ~1~ '1.; 1,<F5?ra`n =~thsLl. .mot a.. } -_.,V 1f i .~k~ )1't yr i., e Each !bard Mrss5tr, indvidually, 'has A. role thli;t is very important in seSAevinoy overall success for the Agency.' In u~lerstand productive" the n peration ' of makin to process Agency the `hower~itis financed$ and be fasei,lisr with ,he operation of a utility. The educational process Includs,O !darning to ask discerning questions during thsi Board Me'otings to ensurfi that all alternatives have been considered before making a rieco"ondation to the Board oil, Directors. Through this prolealsos#f h Boi Member con ' stimulate saanages's ' firs ..Qit3.as ark a likely to rseaiere energy on schedesle And it a rsax6nAbIle toiit. s The Board Members, individually,,,=Ast also till, the role of top levsl liaison aswng the TMPA Board, the Cl.ty Councils, siad, iatsroest~d' citizens. They vast ensure that a coasptehsa iive',,public infotrssatiolgrsns it carried taut. The e►ociel iO,lai of the Board of bissctors` 'east afso be i"t It is .t& l' *"rd's rsspodsibility to sl that the Agsa ; isr ; pfding for the ,,oiut, nas of 'its, Xa"s ;'for ~ roct4iti:on pt~rctiosiR6 h+►s a` positive Attitude, in''t,ttigsetiGSeg lnvi Voai!teetita, d:ms;s`, aseks otit innovative " ways `'of, >x>cwti fng yasri11 ~40e0 And support r~r; da gtsboriag commnities," and otherwise ants as a gdod oikiasn, In summery, th3 T"A Board of Directors dirt ba respeneible for the success of the Agency, estitblish management objectives, monitor progress toward 'Seals, fort late bro;td policies, select a well-qualified General Manager, set as trj~tee for *?A's -assets and aiairitain an awareness of public concerns and issuO, C.'5 Bawd of Directors, Recommended,position Th(n WA Board Mtobers are, In effect, managing a business enterprise which has immediate plans to acquire assets exceeding $1.0 billion in rr►lue. The Agency Stud "also projected that its future revenue requirements way be on the order of f,160 million per year. These figures nmphasixe TMPA's position as a major business enterprise and underline the responsibilities placed on TMPA's Board Rembers. In any other entity of this size, we would expect the Directors to 'bee business-oriented individuals or others whor Possoss good judgment and experience in soaking major fittanalal decisions in the face of uncertainty. s A!r,e capable, of asking discerning questions in areas both theldo and outside their field of eexpertine. a p osress an awareness of public ir',ues and can anticipate 'the ramifications of decisions. • Caw biaualizd,And. Veigh alternatives. `#'rl tf a'}, C to , ~4'yi 1V-t~ 11' I" i Ir e Are sensitive to the financial state off' ibe organirstion. Wave the tiwe and resources to becomdl knt wledgeablo and V ' participate actively in the role of DiFrector, In IMPA's +iass, Board Members with sWlar qualifications should 'bv soughit for extended terms. A suggestion waa made by several Board Members that 0ouncil Members should not be sutomatica"fly removed - trots the THPA Board of Directors when ,heir City Council hares en<'~. ' We conft*! ~s-tilst, Directors be allowed.; to toatinu6 their service on the *ij I Wrd t . th ` se titiog, of the r1e,slpeotvs City Caseec'fia. in' -A3s'' re.ntikr, ''she teie of "diriduai Board M4p , mbers can be i+,ngthantd and w311 provide , are sta tility in' the Dirrectors' p!isitior►+~ ~ As appatttuniries arise efforts shoul,fi be 'ads 6'to recruit resper►sible basinssa people ' f1r the four- Citlee to 14t on , the MA . boazd., Tlrase fnQkvidwiis"s>fg2ht,;44iE'rrs fur a,'petioq of fi*f years at,,.,the di0tratiott d the respect#rs Rix}' Coua+Cils The ui~t "o1E quMii` isd :ae,cerrc oiistai the . 1064. Cities wdald help: to: #la iate' the t l dlnarrrads' thet Otov,! Ww bsiYsg sadk oa the WA Uira Hem erst as thew file ; eroltiir<pis lrole6 a,r p;esw, ~+sr foro tlfeir "fiardlyp city CSnacil bispeber, acrd *PA >soa~'~d >lsa~ber. x'a !a#a :neraaaert, the a iwdividua# pd+i><d lsa+bers4' ahou, hav• adQ~~tional time to `#a+rACe to the Dirsctor'arole. pins . ,ablin le ~ allow they *~ly, ~ we recommend that the er~t 8islat~ion be amended to A Board Members to receive at least a nowina2, wount for their investment of time and talent, A Dirsator's fee,. preyrblopt $50-$100 per mestingf should be paid to the Board Membered as :coopensation' for _lost time i1a their ateupfmion or business, and to prov► dle some minimum financial incentive to attract View Directors. While recommending changes in thfl. Directorlt terma►j membership and componsati+On, we alAo suggest that the Boa%!d of Directors make additional une of the standing Board Committees to Linim"l,ze the workload on the Bcard as a whole, The potential role of the Com i ttees is discussed in the next subsea tion 0.6 Board of Directors, Board Committees Article V of, the TMPA Rules wind Regulations specifies that the President of the Board' shall appoint two +standing comseittees, the members of which must be approved by a uwjority of the Directors. The current Audit and Budget Committee is mode up of Mrs, Gwen Soule who serves as Chairman of the Committee, plus Mrs, &leinor Bughes and Kassrs. Wayne, Gibson and Bill Elkins. This Q mmittee is requirled to meet at least twice a year to carry out its specific duties. These duties consist of selecting an indepecdent auditing i'irm for the preparation of the annual, audited financial A.itements, and counseling with tt a general, Manager at hest twice each year concerning the financAsl activities of the Agency. The Committoe is to develop ;budgets to be approved by the Board as s whole and to request such periodic reports as are I+ tt 1 kt N'" 1 deemsed nectosary to ensure ,proper cost#'ol over the revenues and 'exp4moos of the Agency. We suggest ' that the Committee might also be detlrgated responsibility for reviewing; consent agenda requestr. ands by the "General Manager to reduce the size of the Board agendas. During the past`year# ChM Audit and Budget Conmmittee met, a total of foVr tiroea. The second standing committee is the Personnel Committee which is chaired by Mr.. Richard Smith. The other masbe,,ts of the Committed' are Meesrso Joe Ramsey, Bill Mash and Pete Eckert. According to the► Rules and Regulations, this, darmitte►ee 'is to meet no lose than two tifto , yew to reewiew 'pen►rooiael' j5olicies`'and i+ractices, 'ac+epmmmswon program end staffing levels at the Agsn"4 Accordin; - to - the► iotords, , this Committee temtt only once Adrin* the last fiscal 4,Pear* Wa believe that the Personnel committee should take an active role in considering changes to the TMPA O"Oral Policy that have beset proposed ;Ivy the WA staff.'; The It 16o Atw Re=ailations also' provide for too estsblisbmmmeot of an lxeaut ive tike ' abet could be eistabli~sbemd if .deri,Oyd by the Ro:rd ef' Dirootors To ,tot his, _Qosematt" haem nevi*+ '00410 "drstio"I; bowr4#,' this. Co~elttee touxd ,fserve a wfi'ul` ''tamtatiott ih u rtitkU4 a rstrihn -df WA'as; toile and . ,the; Ybla that Z`MPA . sbould play ioperatiag !bs bibbafts Crick Project sad.dsveloping lone-rigago.plans for ,suppl,lii" power to the Cigars. A Technical Committee has also been, established by the Vioard to act as an advisory committee and to report, in 'writing , on any' recowmend*tions or ;Findings it deems .advisable, It is specifi'cally` charged with reviewing and denting on the Capital Immtprovement Plan submitted by the General Manager at- 10ast 90 days prior to the end of the present fiscal year. This Committee is t,b meet at least quarterly to review the technioal practices and procedures of the Agency. The members of the Technical Committee at the time of our interview were Mr. Bob Nelson, who served as Chairman of the Committee, Mr.' 1lob Corder, Mrs Gailord White, and Mr. Bill Reuthinger. The responsibilities assigned to the "Technical Committee are vague and must be clarified. Because of the ill-defined purpose of the Technical Committee, Oils group has been frustrated in its honest attempt to assist ",'r,P,A with its technical problems. Historically, the group has acted as a technical review eomomitteo which looked over the shoulder of the THPA engineering staff and attempted to provide assistance in the engineering,' design and procurement activities for the Gibbons Creek Project. Based on our interviews, this effort was counterproductive and did not result in meaningful improvement in the THPA technical area, The Committee did participate as a necessary and constructive force in the design and implementation of TMPA's economic dispatch program; however, with the program functioning, their role has again lapsed into uncertainty. The Technical Commmmittee should be renamed the "System CoorOnAtion Cft,.Letee" and become an advisory committee 1;o THPA's Engineering and Operations Divisions The Committee should int*~ract with the Divisions' through the TMPA:System Coordinator. Bee 8xhibit IV-3. We visualize that the renamed Canwittee would be rteponsible fort L(" li I' 'ri? ~l'Y ~ tl~tE : ~4y. ra~~~ a~llS~ 4><: f, {f, 4 c • Ceordi.t;atipg methodologies used in preparing load forecasts, a Davelopi.ng load and energy forecasts for the Cities. s Planning improvements in the generation dispatch program, • Coordinating matimtenence schedules for generating units and transmission facilities. Y Arranging heat rate,tarts'on all'unt.tso e Develop nit 6: tnin` and aafef ra arms for transmission g y p g line crew. e Coordinating plans for substation SOifications at the city gates. • hl=aing and testing mitering arrangements ad relay $cho * at the Qit't 4wstationa. e Platming load sbadding #A4 emergency 4lcrisxauce {►xocodnses. e it"" Ling 'sod rev' Lowing "long-range paver supply studios* We do not envision that the 'City utility Directors will have any formal relationship to the TM?A staff other . than through the System Coordination Comeittes. Utility personnel in the Cities should continue to perform independent load forecast* and power supply studies for their respective` systems., They should not be allowed ko surrender all planning responsibilities to the TMPA staff, C,7 Role of the Chief Executive Officer The Chief Executives Officer of any organization is responsible flor overall performance. He is responsible for making final decisions on major., issuerp approving high level personnel selections, compensation tevele, and obtaining the Board of Director's approval for actions and decisions that are beyond his authority. In addition, a well qualified Chief Executive Officer will direct the strategic planning of the Agency in order to effectively achieve long-term objectives. He also plays a substantial role in formulating the management 'philosophy of the organization and in directinS the kop level. managers to assure that major prot+leas are identified and effectively solvad. Mott importantly the Chief, Executive Officer is a dynamic leader who is capable of saanaging his staff to Oat their capabilities ore fully developed and utilized. The President of the Agency is el-lictod annually by the Beard of Directors. The President currently chairs boto the annual and regular Soard Meetings and serves ae the Chief Executive 004cer, Unfortunateiyr three persons have served as president during, the 'A,gengy's relatively short four-year history, This turnover reflects a seritl, a -lack of continuity in a position which, under the Rules and Regulations of` the 'Agency, offers simply part-time executive ioadership for a billion dollar business enterprise. ~FircrY }.{4~ fE i,~A 4 }r ` ~ ♦ lLS t i 4 ~ 'if~~ i; 4 ief fir P z~~ i~t1 ,p etL ; . . IV-is The General Manager currently nerves as the dhief Adminiitrattve Officer, the Chief Budget Officer and bears responsibility for Ithe darto-der ope}atioq of the Agency. This position roquires fullrtisze professional direction and, as mentioned elsewhere, is currently well stiffed. The duties of a Chief Executive Officee ;Require a full-time burinets professional. We recomoeud that the Board of Directors mend the Rules and Reg<Sl4tions to redeei.gnete. the General. VAnager as the Presideizt;ar 8xecutive ' Director' of the Agency Mith the additional respo,psibility of oief Bze "titre ~ WOoffiaeri ! It is alw recommended Oct the Board establish the position of Cha{irsan of the roard and assign the Chafrma the responsibility for { eot,ductinr the regular and annual **eting of the Agency. REF}' 5 rll~E: i ox, ~r'is~4~iF~.s •li~ l{ :i' (1} i .e,nl'l; A, Iei t Fl~'%s~4r f~ r.rdi > f ~$::y;~tE. :m; 1 yF~ f /?-di ~3t:5d5 "iT '~.krixt°dV~Ea.l.€.S.i.' 4 R^l f TIM 0101/AL ►M1ER Au"CY tweat1 111011MI M CUNT NEAAfINO LrArr,'1I11w cam PLA41 SYrEAIMTf111EN1, OIMfaNa CAEER rLAHT (u rV r~~• VF M;* SUtffHtI U4 6Ai1ErY it T~A3M1 ,V:: fill) t2u ~ttl:}rrler (lU r1INTMWt IIMj X16 " MBA' flltNrtpA sMrtllrorlA t t{) 1Mt1tl►l111 t1) t1) wta rc+u 'Alovolut AS>{rST1 RNIIIff1A . ~ , f}I1lMleat t1) ~NliilflA , fit) fu1EAYli60 (t) iMINtENAMC[ EOIIf1AN (t) fLECtAIm EOAENAH ttf INSTMMItHT TECNII(CiSN I (2) S1C1lEIA111 (I) 1 4lE4TRICIA01 • I INSTR1111EHT 1ECH1 tit • It (2) t SAll (I) kt OIfIIATM t0) MECNAIIlCS • 1 (3) fAilfMWtE lpIIERrIS1R 0) 2nA 1tfRATOR (1) MECHANICS • 11 ti) RiCfilICiAN 11 12) lA1 TECNNiWAN i t!) Sit ItfRATOA (6> tolmmict MOAN (1) LM 110miCim 11 (1) AANEM10S121t11 (t) EI NfCMANICt !!i (4) TLECTAONIC; TECMNiClAN (2) CYST11iAlft (2) ' MUM 1tfRAl" (1) 1ftelAi • 1 (3) Ek.ECTR0NICS TECHNICIAN (2) NESSENAEI yid MIAMI otfAATOR (1! MACNIHISI 1 (1) COAL MAWR$ (3) OtHINIST - 11 (I) ~ RAILROAD (2) 100L %Do% (1) 1 LINISTDNE t1); ASH HANDLING (2) 1A10RERS (2) • 14E TNIA SAFETT # TRAINING SUII;RYISCM UIL MOAT 10 THE 111ECTOR Of MINIMUM SEAI'IUS 101 WILL If tOCATEG AT 11118M CAEEA, r " WAS MY111011`Ai:1 I1, A~El10Y NOW 1100ERS` IEN6tH Of SEAYICE 56%-0 10 1 YEAR'S SERVICE 32%-1 TO 2 !!EARS' SERVICE_ 12x•2 TO 3 WAS' SERVICE` Y st w u` 1 E r C ~w 0 2 4 0 0 10 12 14 16 19 20 22 24 26 26 30 32 34 36 LENGTH Of BOARD SERVICE-MONTHS (AS Af. APRIL It 1979) ~iM MIR WOW Z~. i5y r TEXAS, WAICOu "Ito AGENCY ►RHiftG 9MAMilATI10 owl immmos Am 0110190 RIAtET~ EFRl~ltAiNO ktRIITE t Kart ~$a~,c f1a1NtIARY r , ( lfI ' u4, . Ci"I Ufa iYf1if EIMIRf#MffKAI SEAYlEt _ 06"10AIf1R ci) cu ~ IMT 1 to iYNtf<IN1E4lm" ~'lRIN', AfNMM(; lRfali MIMi , Plot (NIIIIEtIli1M tf~llflll! CA t (4k 4 aEAft stERErA+~f (f) ut (YAf4Ifs _r - $E( tKNIAII TII-S; i M-4 IPPIEof ININ[EA 01tsION ENGINEER (1) CIVIL ENGINEER (1) TRANSMISSION 1.1011,11111 (1) CMENIGAL EMGINIER (1) n L DRAFTSMEN (2) EEECIAICAI ENGINEER (2) W WING ENGINE" (1) + TEMPORARY NEED IENIIC WIF.7 1 Slat-" ENGINEERS (T)+ , I moo"", of.3 TEXAS ME %CIPAL POSTER AGENCY MANAGENENT STUDY EI$LLOGRAPWV Drucker, Peter P. The Practise of ManalMiat (NeV Yorks Utiper Row, 1954). City of Mana`emeat Consultants. Mana3emeat Review of the E14c,Cric Utilityp af atong ri a; acto of ~ {RaadiaE, ~estnslrlya 31 1917) , Joint Ov"Tobiv"Agr4sms r si Rt° pd/4~nrr M d yi E~'y~ ! ''Te 98 y~ 9.40cigall Power A# rx a 4ii t' c o az 00- rat error a ek to Xi eot~' R GA i"/.r.~ ~"4 ' }S4 1G'a.Lt; Dft"btr 139 197 s y k * F Ec►os►ts:, ~~ol,d .a'.~Jo~q~eJ.~.~ I ~yriik~,',~ s ~4~.w.~:r~~ ~ .;fit I ` y ,I 3ird edit ibtt , (Nlr+►; 'Yox~cs K9 ~ : a a~3. ~JI't Rasi~ite lt+sro ld ,stn d ! t►•,mass l y ' Cyr fi,? . I `~~++r,k'j " ;Lr ~ ~ 91 . s l lilt ~f "11 '~latl~ak6~4f". ~ilQ ti~ ~'}L1',~~ J~ Y~ t x13L~a 1 44 X V72) o +w..rr a Lifaoa, Wilson, Pergusont and Virli'tk, Inc. Eoaird of_Di_roc_c_ao a Draft A Study of the Organization and Mana ' at Jth* Texan- Mun a. s! Power P-Pool, Report a Or an xatxon and struaturea Houston, Texas; August Newsong William Has Summer, Cbarlas E., and Warren, E. Kirby. The Process of MaRseemnt. Ind edition (Now _Jtrsoys Prentice-Hall, Inc a# Paul Weir Company. Li ite Resources Evaluation Teas Power Pool Inc, n an Lignite Pro ect. Grimes Couri"yp. Texas# job No ; September 28t 19-7 , Paul Weir Company. Lignite- Resources and 92ality Evaluation Texas Municipal Power A enc G bons Creek Steam-Electric Stat on Grime- County, Texas. Volume I,, Text ,xnd Exhibits; December 29, 1977. Niel Weir Company, lignite Vviources and qualitj Evaluation; Texas Municipal Power A anc G bbans creek steam-Eiect~ Station Griwas Count y Texas. Volume Ix, Appendices; December 290 1977# Paul WeAr Company. Minin Stud and Cost Estimated xaxA# Munici al lower A ac Gib ons Creek Steam-E ectr c Stat on r mss Count Texas. Job No. 2165; February 15, 1977, Paul Wsir Company. Aiain Stud and Cost 8stiostax (Rerision No. 1) Taxes municipal Power etcyl bbona Creek Steam-ttectric tat, on; Grimes County, ss o Job o. c er 17o 1977, ~F~ r, A4 - ir•, . '"rj }t y' `6 ti 5. r~k~, r . : r Appoo dil x vWA , 1, 1~r Page 2 of 3 Paul Weir Company. Resources b Pro rt Texas Municipal Power A nc Gibbons Cree teary- ectr c tat on Crimes Count! Texas. Job Mn. October 14t 1 756 Paul Weir Company. Texas ~Huni,ci al Power A na BrZau .i ite Pro ect Grimes Count Texas Ra rt'on o! L 1 te. Job No. 2365, oveim"~6er 16, 1 ; Revised November 26f 1 Put, Marwick, Michell and Company. Texas Muni a# 1 porter A Sch dvh of _Casin Inv*11t3l148 W Aa , s Fa le tbs. Construdt Eft f . Mae, Ya" . JUSS' 14 , ; 1975 Pennsylvania State iraiversity. Seminar Ttoc4edia se Skate of the Art of Poorer Plant Cmstraatiac its 32- 6 19 n ver• ty P, ark,~„_ A. 3 volumes NO0 7 off! Jaba- Wiley *net Inc,, 9' 8). t lyroa, RO CharM`~~t iq, Pact d Orgaainsation Derel wct (American Right of Way R. V. Heck a,d Associates. Piaandol Pelgibilitj Stud Texas Municipal P41T ~ iraaq. Texas i 'July 197E6* R. V. Pack 4a4 Associates. Prelintinart Power _Sup,21Z Stu#11 'texas Municipal Power l' Waco Ts~u '►_r"o 1975. " 8alomwa Brothers; "Idman, Sachs and Co.; Merrill Lynch, White Weld Capital Mar'_<ets Group; and Smith Barnery, Harris Upham and, Company. 2S0 000000, Taxes Municipal Power &Mncy Revenue Bonds, Series 19 gust , 1978. Scanlon, Burt K1. Kanastment 182 ~A Short Couxse for Manager. Wiley Profe*sional Dvvetopment Programs '3Mea Yorks John' Wiley & Sons, Tnc. ; 1974). Titrans Municipal Power Agency. Bond Resolution_Authcrisingg the Issuance of $25,0,000,000 Taxes Municipal ~trver Agncy Revenue Bonds, Series 1978. -August , 97 'texas Municipal Power Agency, Comanche 'leak Participation Study', (Arlington, Texas; May 5, 1978). `eexau Municipal Power Agency. Crananche Peak Transmission Agreement Draft a1 of December 4, 197x. Texas Municipal Power'Agetlcy. Domand and Energy Forecasts. January 18, 1978. Texre Municipal Power AgOnC7. Power Sales Contract Betveen Texas Municipal Paver Agency and City af~Br as 'fences Cit a Deni:aa 'texas C of Garlands Texas C t*~ of Greens lle, Texas. Saute itr , 19760- I ' Appeddix 9'-~A Pd'ge 3'ef 3 1 Texas Municipal Parer 14epcy. Texas Municipal owar~ Agency, -Annual 0 er;Rt met, 1978-1979. Preliry Draft; October 1-0,-'1978, Texac Municipal Power Agency. Texas Municipal capital i _1 u Fiscal Years En n 9 9-- rough-1990. Decmiber 1977. ~A ran F Texas N,unieipal Power Agency. Texas Muni,ci al Poway , A enc Capital rovement Plea Ara t ~3ece ea • a~ 7 Thgoug 198,8. ' N-Amm Municipal P&ver Money. Texas Munidi al powr Ajencys 114"aia t Montbl art its of Augnut L, ;Texas *3tie ipal Port 40my . Tfir"m Nunid l parse A iq al p to Zw1telM t~1e x , 777 7 y'exas Muni- ipJL i6wer Agency. Texas Munici aI Power Amu, Rules aed, lit ions, Adopts«d bY, the Ea;ttd- of Di!jct$irs# iFo+r er. 189 1976. taxaa Mumioipl Power,ABen". Tr~iaswiasiaa Aea~e_,_,nC'L riasl `Oscar, c D~c~i*bar l8, 197$.. Texas .minialpal Povar Agency. Transmission raciiitico Sxpaarion Proarsm, 12 77 1982. Tlepoirt EP- 7... , February 1977. Texas Municipsl Power Paol. aLatar;onaecte_d S_yvl,, Operating Cuidese may 22, 1975. Tex. Uat. Ana. 32, 1435-1436 (1976). Tippett and Gee Inc: S ci.Fications gad Cggtract D~aia~ r,~t For HoriAx~,on_tsl Ash Water Pvmp~s, Gibbons Electric Star onit"i"o 1 ex;ce lun n pa afire Agency. Sped cst o +N No. GC-2045; July 1978, s f.~ _ --rte A{ipendix d~~~. Pags l' of . TEJJAS 14Y01CXPAL POw'ER KiEIiG`X AG MAN Ui&T STUDY LIST OF PE$SCNS INIUVISM s ao Texan Mr. Joseph Evans Bran Financial Director Kr. Mayne Gibson T11PA Board & k'Juwtrcil Masher Mr. Hobert $Olson Bryan Acting CttP 1lat~a~er We ~t.cM~rad. A. I~itb IM Pr+RS3 eet~A. Conic I Nober Jlr. GlAilord H. White Bryan Dtiitty kinager Denton Texas Hrs. X07 Claads G+e Denton C"Wil Member. w r.. Cbxis Odrtaes. Demtoa city'. Ff eih Mxi. E~leti~uir.llagher TWA Boa+:d & innc3,~ meObor X r. Joe Mitchell Denton Mayor Hr. Sill 3aeb TWA Board 4, Cou*rcil saber Hr. Robert g Nelson Denton WiLtioe Gireotor JIr. Rickard M, Stewart Deaton CcvinailA4006*r ` Wr. grate Tu1lo. Nat" Ditastcrt'of Electric `Dept, Garland 'texas Mr. Bob Corder Garland Utilities Director Kr. Pets Eckert TRPA Board 6 City Attorney Mr. ,forms Lykes Garland city Manager }Ira. Gwen Scale PeA Board & Council Hawbo Greenville, 'texas Mir. Bill Elkins TMPA Board & Mayor Mr. James E; McClain Member, Business Comm pity SKr. Joe E. Ramsey ;MPA Board & Council Member Dr. John Wilkins, Jr. Greenville Council bt,tmber ' Xr. Jerry Wisdom Greenville City Manager Vitas Municipol Power A,gnoY Mr.'jammuel beaching Director of Resource Acquisition Mr. James Clarke Senior- Systems Analyst Mr. Joyce Davidson Manager Construction Accounting Mr. Ed 'Gear Director of Systems Engirneering Mr. Larry Ream Director of Power Engineering Mr. Dotgoward Director of Puxchaaing Mr. Gene Lowrey manager General Accounting r ` Append;lx 2 Page 2 ':of TZC" MMICIPAL "m AGENCY MA AGSM " STUDY LXST OP P'iISONS 1xic VXEWED j Taigas Municipal Power Agencp ~(Cont' d) w'`. Dean Mathews Environmental Coordinator Mr. Robert P. Murphy, Jr, Director of Adainistration :air. Joel T. Rodgers General Manager Mr. Denny Simmons Director 4-f- gtoamee !!r, Sm "inner Pi*Id Resident ftgtneer llr. I", !frith Director of "Stmearing ` Mr. John Turlak Project Enginamr-Comrstion Others Interviewed Mz. P=l it, -Cueminoaa Fast 'rliBA Ofteral Manager lEt. Louis Rte President, Tippett and Gee Mr. J. Rodney Lae Outside General Counsal* Mr. B, t. Newman construction Manager, Rlonnt TnUrnatioaai Ltdo Mr, Stan Prima Resident Eagiarwrp Tippett and Gee I~ 1 i i *Telephme interview 1--T--^ 1 1 1 1 1 1 1 1 1 1