Annual Reports — High-Point Utility, LDC

2021 Annual Report
of the
Village of Highland Falls High Point Utility
Local Development Corporation (HPU)
(Approved 15 March 2022)

Demand Response Program -- A complete turnover of key personnel at the West Point Garrison occurred in 2020, including the Garrison Commander, the Deputy Commander, and the head of the DPW. and all new personnel, including the Deputy and an incoming head of DPW. These personnel are now established in their duties, but have still not been fully briefed on this program for the present. The Garrison will be approached to restore this program in 2022. The City Light & Power vendor is operating the distribution function. Given the benefits of the program, it is hoped that the HPU will again be able to serve as the local facilitator in 2022. (For background descriptions of the program please see the 2017/2018 Annual Reports on this page.)

Buttermilk Falls Hydropower Project -- In 2017 the HPU completed the acquisition of the plant equipment and FERC license (P-7656 ) associated with the operation of a 75kV hydropower plant on the Highland Brook, which runs down through the Village from Bog Meadow and includes some tributaries. It came to the attention of the Board in 2021 that our assigned Board Member, Randolph Horner, had been unable to meet the FERC requirements in a timely manner, and also failed to report to the Board of his difficulties. It is still not clear that he fully understood the requirements. It became necessary to relieve him of his duties, and when he was unable to acknowledge the failures that FERC made clear to the Board, he was also relieved of his Board Membership. Fortunately, a new member of the Board and former Corps of Engineer Officer John Organek, working with an excellent consultant Celeste Fey who had tracked this project for several years, were able to apply to preserve the FERC License. This is a multi-year process, as the License does not expire until 2028, but work in preparation for the transfer is needed for the next four years. Work is needed to restore the generation capacity once the new application is determined and necessary design parameters are established. FERC received the initial submission, over 100 pages, in December of 2021.

It is still hoped this project might be best energized in connection with the West Point Microgrid project that the HPU has championed for over six years. In July the Commanding General of the Army Material Command came to West Point and met with the HPU Engineer to discuss an Army wide Energy Resilience Program that would encompass all Army bases in the US. He had heard the desire here to have West Point become a showcase for this program, but was fearful of the budget restraints of the new Administration for the military and had decided West Point would be too much of a high-profile base to begin here. The Academy is receiving the study funded by a DoD of $400,000 to enhance its energy security with local projects that are the natural focus of the HPU. Orange County NY has received the above grant. (Please see the 2017 Annual Report for history of the hydropower project.)

Combined Heat & Power (CHP) – As reported in the past, this is the major component of the proposed West Point Microgrid, as well as the already accepted proposed solution when the Garrison Commander reached out to the HPU Engineer in 2017 to ask for guidance in how a local source of power could be obtained. The HPU achieved a major success in finding a partner for West Point to build the long desired microgrid discussed in earlier reports. It brought to the Academy the AlphaStruxure (Carlyle & Schneider) entity that had purchased the JFK Airport (Terminal 1) and was proceeding to build a full microgrid solution there. Using the Energy as a Service model with the AlphaStruxure organization, a proposal has been made, but the proper procurement procedure, which may require a competitive process, is now being worked. At the same time the Army finally agreed to pay for a new 69 kVA feed and its share of a new Wilson Gate Substation that would be needed. As previously reported, the West Point program is driven partly by the limited amount of power which reaches the Highlands area "island" presently from the 34.5 kVA feeds and substation limitations. This is exacerbated by the program to construct new HVAC (air conditioning), in all the major academic and barracks buildings over the next few years. This will require substantially more power in the summer months (~ 8 MW more ).

Additionally, there are new national security concerns and a need for resiliency. The Village could benefit greatly by being able to share as an active part of the new microgrid as a designed customer for its output at a lower rate, as well as gain the security of having a local source of power in weather or unexpected outages. This would allow it to operate its Village emergency services during times when the utility grid goes down. The Town has now officially adopted the Community Choice Aggregation program the HPU needed, that will allow lower cost purchase of the anticipated microgrid power to be made available to the citizens of the local Host Community. The Village has now also adopted this program.

Waste Treatment -- As previously reported, the Army is foregoing the $70 M savings that could be achieved by the HPU proposal to combine the West Point system with the Highland Falls system. Construction still has not been started, however, and the savings are so substantial it is still possible a political decision might recognize the value of this proposal. (Please see the 2018 Annual Report for further background on this project.)

Microgrid -- As noted in our 2017 Annual Report, the HPU Engineer worked with the Garrison Commander to facilitate a Combined Heat and Power (CHP) solution to the production of steam at the Central Plant at West Point. As reported above, the HPU Engineer has persuaded the Carlyle Group, perhaps the largest US defense associated financial interest in the world, to consider funding the West Point Microgrid as a military prototype for the larger, $40 billion project that has been proposed to the Secretary of Defense, and which was favorably reviewed in December of 2017. Carlyle Group representatives have journeyed to West Point, and Carlyle later informed IMCOM that it could entertain this project, if assured it would not be drawn out in any further lengthy procurement procedures. AMC has now become the superior Command for Installation decisions. DoD has furnished $400,000 to Orange County to assist the energy planning at West Point. HPU hope to play a role in giving birth to the microgrid it has championed since its first formation. West Point has been asked to create a Requirement for a microgrid if it truly wants one, essential for further action.

Water Supply -- This project is focused on protecting the purity of the Highland Brook as it flows to the Village's water plant. Recent spills of herbicides and oil, including one that nearly contaminated the brook with 1600 gallons of oil, have led to HPU-inspired plans to encapsulate the brook for much of its course through the Village. The HPU hopes to work with a new Village Board now being elected to seek funding from the Environmental Facilities Corporation of New York to accomplish this much needed project, estimated at $3.2 M in possible costs..

Communications -- This initiative responds to the current poor quality and/or lack of cell phone service in the Village. Efforts are focused on locating a suitable site and then obtaining the ability to install cellular equipment. Recently, the Garrison has expressed interest in this need, for which a limited number of local sites are available. The HPU had previously found what it believes to be the most acceptable site in the Village and introduced the owner to the cell tower builders, but a local activist has made this process unusually difficult. A West Point location could overcome this obstacle.

Mission Statement

The HPU is a New York non-profit local development corporation focused on supporting and improving the provision of utilities in the Highlands communities of Highland Falls, the Town of Highlands, and the US Army Garrison, West Point; including electrical, heating and cooling, communications, water supply, and waste disposal, with an emphasis on efficient, effective and environmentally sensitive applications.

Performance Measures Report

The HPU is at present an all-volunteer effort and both the Board and its Engineer and Coordinator fully understand that projects move forward as a result of the commitment and energy of the HPU participants. Local knowledge, personal contacts, and professional expertise all contribute to the progress the HPU has seen to date. Rather than being an undertaking that can target specific performance tasks, this effort is, of necessity, flexible, responding to changing circumstances, personality characteristics, inter-governmental difficulties, the regulatory environment, weather events, private enterprise motivations, and a welter of mixing currents. Work ranges from person-to-person persuasion to grant writing to crafting RFQs to offering experience-based engineering solutions. The work product and performance are scrutinized by all at the monthly meetings.

Schedule of Debt

Thanks to related work of the HPU Engineer, he was able to satisfy and contribute $3,000 to retire the legal debt of the HPU, as reported. The organization now enjoys a debt free status.

John Dodson, PE

Engineer to the HPU

—-

2019 Annual Report
of the
Village of Highland Falls High Point Utility
Local Development Corporation (HPU)

Operations and Accomplishments

Demand Response Program -- For the second straight year, due to a number of unfortunate developments, neither the West Point Garrison nor the Village participated in this program during the summer of 2019. The Garrison appears to have lost interest in saving money for the moment, as the distribution function is now under control of a private company (City Light & Power) and they had difficulty when the HPU saved them $50,000 two years ago determining where to apply it. At that time, we assisted in having it pay one month of their electric bill. Given the excellent benefits of the program, it is hoped that the HPU will again be able to serve as the local facilitator in 2020. (For background descriptions of the program please see the 2017 and 2018 Annual Reports on this page.)

Buttermilk Falls Hydropower Project -- In 2017 the HPU completed the acquisition of the plant equipment and FERC license (P-7656 BF ) associated with the operation of a 75kV hydropower plant on the Highland Brook, which runs down through the Village from Bog Meadow and includes some tributaries. Further assessments were made this year in preparation for removing the damaged generators and further work was undertaken on the estimated cost of repairs. (Please see the 2017 Annual Report for more background on the hydropower project.)

Combined Heat & Power (CHP) -- This is the major component of the proposed West Point Microgrid, as well as the already accepted proposed solution when the Garrison Commander reached out to the HPU Engineer in 2017 to ask for guidance in how a local source of power could be obtained. The HPU assistance now involves trying to find funding and design assistance to the West Point Garrison in its program to establish a full microgrid as its own source of energy generation. The West Point program is driven partly by the limited amount of power which reaches the Highlands area "island" from the 34.5 kVA feeds and substation limitations. This is exacerbated by the program to now construct new HVAC (air conditioning), in all the major academic and barracks buildings over the next few years, This will require substantially more power in the summer months (as much as 8 MW more). Additionally there are new national security concerns and a need for resiliency. The Village could benefit by being able to share as an active part of the new microgrid as a designed customer for its output at a lower rate, as well as gain the security of having a local source of power in weather or unexpected outages. This would allow it to operate its Village emergency services during times when the utility grid goes down. After the Garrison's negotiations for a larger Service from O&R Electric broke down, the advice of the HPU Engineer was sought and he persuaded the Garrison that a CHP system was the correct response. He was the catalyst for both the new approach and bringing two of the three bidding vendors to West Point. When a hastily prepared and overly simplified RFP emerged for the CHP, the HPU Emgineer wrote white papers for the review by the HPU Board, and the papers were directed to the IMCOM Command in Texas. These papers insisted that a full microgrid, not just the CHP we originally championed with the Garrison Commander, was the correct solution. This matter is open and continuing, and could result in a much larger role for the HPU in the ultimate system, if the more ambitious solution is chosen. See the Microgrid discussion below.

Microgrid -- As noted in our 2017 Annual Report, the HPU Engineer worked with the Garrison Commander to facilitate a Combined Heat and Power (CHP) solution to the production of steam at the Central Plant at West Point. The HPU Engineer has persuaded the Carlyle Group, perhaps the largest US defense associated financial interest in the world, to consider funding the West Point Microgrid as a military prototype for the larger, $40 billion project that has been proposed to the Secretary of Defense, and which was favorably reviewed in December of 2017. Carlyle Group representatives have journeyed to West Point, and Carlyle later informed IMCOM that it could entertain this project, if assured it would not be drawn out in any further lengthy procurement procedures. IMCOM is mulling over this opportunity as it deals with mice and mold. West Point has been asked to create a Requirement for a microgrid if it truly wants one, essential for further action.

Water Supply -- This project is focused on protecting the purity of the Highland Brook as it flows to the Village's water plant. Recent spills of herbicides and oil, including one that nearly contaminated the brook with 1600 gallons of oil, have led to HPU-inspired plans to encapsulate the brook for much of its course through the Village. The HPU continues to work to put the Village in a position to tap into State funds to greatly mitigate the $3.2 million in possible project costs.

Communications -- This initiative responds to the current poor quality and/or lack of cell phone service in the Village. Efforts are focused on locating a suitable site and then obtaining the ability to install cellular equipment. A limited number of sites are under consideration and all involve various difficulties. The HPU has found what it believes to be the most acceptable site in the Village and introduced the owner to the cell tower builders, but the new Village mayor has expressed a desire to reconsider the Village's DPW site, which was rejected on an earlier occasion due to its location lower on the banks of the Hudson River. Negotiations are currently suspended.

Mission Statement

Performance Measures Report

The HPU is at present an all-volunteer effort and both the Board and its Engineer and Coordinator, John Dodson, fully understand that projects move forward as a result of the commitment and energy of the HPU participants. Local knowledge, personal contacts, and professional expertise all contribute to the progress the HPU has seen to date. Rather than being an undertaking that can target specific performance tasks, this effort is, of necessity, flexible, responding to changing circumstances, personality characteristics, inter-governmental difficulties, the regulatory environment, weather events, private enterprise motivations, and a welter of mixing currents. Work ranges from person-to-person persuasion to grant writing to crafting RFQs to offering experience-based engineering solutions. The work product and performance is scrutinized by all at the monthly meetings.

Schedule of Debt

One debt outstanding: advance for legal services by Washington, DC, firm that assisted in the transfer of the FERC license for the Buttermilk Falls hydropower facility….. $3,000.

List of Board Members and Management Team

·         William Edsall, Board Chairman and President
·         Patrick Flynn, Board Member
·         Roger Heimann, Board Member
·         Randolph Horner, Board Member
Tom Ossa, Board Member
         John Willis, Board Member and Treasurer
·         John Dodson, Engineer and Coordinator (pro bono)

Personal and Real Property Transfers

· Personal: none
· Real Property: none

*********************************************************************************

2018 Annual Report
of the
Village of Highland Falls High Point Utility
Local Development Corporation (HPU)

Operations and Accomplishments

Demand Response Program -- Due to a number of unlucky developments, neither the West Point Garrison nor the Village participated in this program during the summer of 2018. The Academy electric grid (distribution) is now under new ownership, and the Garrison so far does not feel obligated to make/save any money for their boss, the Academy itself. Earlier we were able to pay most of their monthly electric bill with $50,000 we made for them through the Demand Response Program. With the more competent present operator (CL& P), they could probably make four times that amount. But they have reduced staff again, while being focused on the "mold and mice" crisis of military housing nationwide, and West Point families were among those complaining to Congress. Given the excellent benefits of the program, it is hoped that the HPU will again be able to serve as the local facilitator in 2019. (For a background description of the program please see the 2017 Annual report above.)

Buttermilk Falls Hydropower Project -- In 2017 the HPU completed the acquisition of the plant equipment and FERC license (P-7656 BF ) associated with the operation of a 75kV hydropower plant on the Highland Brook, which runs down through the Village from Bog Meadow and other tributaries. (Please see the 2017 Annual Report for more background on the hydropower project.) Further assessments were made this year in preparation for removing the damaged generators and further work was undertaken on the estimated cost of repairs.

Combined Heat & Power (CHP) -- This effort involves providing assistance to the West Point Garrison in its program to establish its own source of energy generation. The West Point program is driven partly by the limited amount of power which reaches the Highlands area "island", partly by construction of a new high-load air conditioning program over the next few years that requires substantially more power in the summer months (as much as 8 MW more), and partly by new national security concerns and a need for resiliency. The Village could benefit by being able to utilize the power that West Point foregoes and by potentially being able to tap into West Point's system to operate Village emergency services during times when the utility grid goes down. After the Garrison's negotiations for a larger Service from O&R Electric broke down, the advice of the HPU Engineer was sought and he persuaded the Garrison that a CHP system was the correct response. He was the catalyst for both the new approach and bringing two of the three bidding vendors to West Point. When a hastily prepared and overly simplified RFP that emerged for the CHP, the HPU Emgineer wrote white papers for the review by the HPU Board, and the papers were directed to the IMCOM Command in Texas. These papers insisted that a full microgrid, not just the CHP we originally championed with the Garrison Commander, was the correct solution. This matter is open and continuing, and could result in a much larger role for the HPU in the ultimate system, if the more ambitious solution is chosen. See the Microgrid discussion below.

Waste Treatment -- This undertaking tackles the intricacies of creating a joint sewage treatment facility for the Highlands communities. The West Point plant is so low to the Hudson River that it frequently floods during storm events and discharges untreated sewage into the river. The Village plant is on much higher ground but would need to be expanded to serve both entities. A new force-main connector would also be necessary from West Point to the Village plant. The HPU is seeking to demonstrate to both parties that significant cost savings and environmental improvement can result from a joint project. The Garrison Commander contacted the HPU Engineer when the bids for the new West point-only plant at the old site at Target Hill came in much higher than expected. This did not surprise the HPU as we had received much more favorable bids in connection with our own RFP for our Clean River Combined Plant (CRCP) proposal, before the current Utility Privatization process begin in 2015. So the HPU Engineer proceeded to solicit an updated estimate for combining the two systems. This was completed in 2018 by Jett Industries, who had won the bid for the construction on the West Point site earlier. The CRCP proposal is presently about $80 M cheaper than the Target Hill site proposal. This has been reported to IMCOM in a separate white paper and contact was made with the most viable competitor of the three known Wastewater System contenders, who would now take over both a sewer lateral rebuilding project as well as the new plant. This transaction could produce a land swap that would be the first viable return of taxable land to the Community. No decision has been rendered as of yet. The HPU Engineer is still in dialogue with IMCOM on the matter.

Micro grid -- As noted in our 2017 Annual Report, the HPU Engineer worked with the Garrison Commander to facilitate a Combined Heat and Power (CHP) solution to the production of steam at the Central Plant at West Point. The HPU Engineer has persuaded the Carlyle Group, perhaps the largest US defense associated financial interest in the world, to consider funding the West Point Microgrid as a military prototype for the larger, $40 billion project that has been proposed to the Secretary of Defense, and which was favorably reviewed in December of 2017. Carlyle Group representatives have journeyed to West Point, and Carlyle later informed IMCOM that is could entertain this project, if assured it would not be drawn out in any further lengthy procurement procedures. IMCOM is mulling over this opportunity as it deals with mice and mold. West Point has been asked to create a Requirement for a microgrid if it truly wants one, essential for further action.

Water Supply -- This project is focused on protecting the purity of the Highland Brook as it flows to the Village's water plant. Recent spills of herbicides and oil, including one that nearly contaminated the brook with 1600 gallons of oil, have led to HPU-inspired plans to encapsulate the brook for much of Its course through the Village. The HPU is working to put the Village in a position to tap into State funds to greatly mitigate the $3.2 million in possible project costs.

Communications -- This initiative responds to the current poor quality and/or lack of cell phone service in the Village. Efforts are focused on locating a suitable site and then obtaining the ability to install cellular equipment. A limited number of sites are under consideration and all involve various difficulties. The HPU has found what it believes to be the most acceptable site in the Village and introduced the owner to the cell tower builders, but the new Village mayor has expressed a desire to reconsider the Village's DPW site, which was rejected on an earlier occasion due to its location lower on the banks of the Hudson River. Negotiations are currently suspended.

Mission Statement

Performance Measures Report

Schedule of Debt

One debt outstanding: advance for legal services by Washington, DC, firm that assisted in the transfer of the FERC license for the Buttermilk Falls hydropower facility….. $3,000.

List of Board Members and Management Team

·         William Edsall, Board Chairman and President
·         Patrick Flynn, Board Member
·         Roger Heimann, Board Member
·         Randolph Horner, Board Member
         John Willis, Board Member and Treasurer
·         John Dodson, Engineer and Coordinator (pro bono)

Personal and Real Property Transfers

· Personal: none
· Real Property: none

Assessment of Internal Control Structures and Procedures

The HPU continues to be an all volunteer community effort with no assets other than the presently inoperable hydro power facility. Revenues are derived from commissions only. We have no paid staff, no employees. , In recognition of the growing complexity of the HPU's operations, during the past year the Board adopted a number of policies and procedures, including a Conflict of Interest Policy and a Procurement Policy, both of which can be reviewed on our website (www.high-pointutilities.com) under the "About" heading. In addition, the organizational By-Laws were updated, the Authority Budget Office's training workshop was completed by virtually all Board members and personnel, and Acknowledgement of Fiduciary Duties and Responsibilities forms were executed.

Enabling Statute

New York State Not-for-Profit Corporation Law Section 1411:

(a) Purposes. This section shall provide an additional and alternate method of incorporation or reincorporation of not-for-profit corporations for any of the purposes set forth in this paragraph and shall not be deemed to alter, impair or diminish the purposes, rights, powers or privileges of any corporation heretofore or hereafter incorporated under this section or under the stock or business corporation laws. Corporations may be incorporated or reincorporated under this section as not-for-profit local development corporations operated for the exclusively charitable or public purposes of relieving and reducing unemployment, promoting and providing for additional and maximum employment, bettering and maintaining job opportunities, instructing or training individuals to improve or develop their capabilities for such jobs, carrying on scientific research for the purpose of aiding a community or geographical area by attracting new industry to the community or area or by encouraging the development of, or retention of, an industry in the community or area, and lessening the burdens of government and acting in the public interest, and any one or more counties, cities, towns or villages of the state, or any combination thereof, or the New York job development authority in exercising its power under the public authorities law to encourage the organization of local development corporations, may cause such corporations to be incorporated by public officers or private individuals or reincorporated upon compliance with the requirements of this section, and it is hereby found, determined and declared that in carrying out said purposes and in exercising the powers conferred by paragraph (b) such corporations will be performing an essential governmental function.

Committees

Audit and Governance committees have been appointed by the Board.

Board Meetings

The Board normally meets on the evening of the second Tuesday of every month.

Notice of meetings, together with an agenda, is posted to our website (www.high-pointutilities.com) under the "About" heading.

Minutes of meetings are normally posted to the website, under the "About" heading, within 14 days of adoption.

Organizational Structure

The HPU is governed and operated by the Board of Directors. All volunteers and pro bono service providers report directly to the Board.

By-Laws

The HPU's by-laws are posted on our website (www.high-pointutilities.com) under the "About" heading.

Code of Ethics

The HPU's Code of Ethics are posted on our website (www.high-pointutilities.com) under the "About" heading.

**************************************************************************************

2017 Annual Report
of the
Village of Highland Falls High Point Utility
Local Development Corporation (HPU)

Operations and Accomplishments

Demand Response Program -- The HPU served as the local facilitator of a program which reduces the need for extra generating capacity to meet peak summer air conditioning demand by having some utility customers go off-grid temporarily on short notice. The program is open to larger load use utility customers like the West Point Garrison and the Village of Highland Falls, who have either back-up generators or the ability to go without power for as long as four hours. Entities that participate in the program can receive very substantial payments. West Point received a check for more than $50,000. The HPU received $2,500 for acting as an intermediary to sign up and monitor West Point's participation. The Village has not yet succeeded in participating in the program, but hopes to do so in the future.

Buttermilk Falls Hydropower Project -- The HPU completed the acquisition of the plant equipment and FERC license (P-7656 BF ) associated with the operation of a 75kV hydropower plant on the Highland Brook, which runs down through the Village from Bog Meadow and other tributaries. The transfer came from the Buttermilk Falls JV Partnership, whose partners, Roger Heimann and John Dodson, designed, licensed and constructed the facility beginning in 1982. The facility has not operated for a number of years since it was damaged during Hurricane Irene. Due to the generosity of the partners, no capital outlay from the HPU was required by the partnership, only a minor share in the potential future output of the facility once it is refurbished and returned to operation.

Microgrid -- The HPU Engineer worked with the Garrison Commander to facilitate a Combined Heat and Power (CHP) solution to the production of steam at the Central Plant at West Point. This was a major accomplishment in the face of a published requirement for simply repairing the steam plant, which was already being completed. The CHP can be the foundation for a true surety microgrid, which can operate independently from the utility grid and "island" upon command. This may become DoD policy in the near future. The HPU is working to include the Village's essential service loads (fire, police, water, etc.) in such a microgrid, and the departing (in 2018) Garrison Commander supports this inclusion, should the effort to build towards a microgrid prove successful.

Water Supply -- This project is focused on protecting the purity of the Highland Brook as it flows to the Village's water plant. Recent spills of herbicides and oil, including one that nearly contaminated the brook with 1600 gallons of oil, have led to HPU-inspired plans to encapsulate the brook for much of its course through the Village. The HPU is working to put the Village in a position to tap into State funds to greatly mitigate the $ 3.2 million in possible project costs.

Communications -- This initiative responds to the current poor quality and/or lack of cell phone service in the Village. Efforts are focused on locating a suitable site and then obtaining the ability to install cellular equipment. A limited number of sites are under consideration and all involve various difficulties. The HPU has found what it believes to be the most acceptable site in the Village and introduced the owner to the cell tower builders, but the new Village mayor has expressed a desire to reconsider the Village's DPW site, which was rejected on an earlier occasion due to its location lower on the banks of the Hudson River. Negotiations are currently suspended.

Mission Statement

· The HPU is a New York non-profit local development corporation focused on supporting and improving the provision of utilities in the Highlands communities of Highland Falls, the Town of Highlands, and the US Army Garrison, West Point; including electrical, heating and cooling, communications, water supply, and waste disposal, with an emphasis on efficient, effective and environmentally sensitive applications.

Performance Measures Report

Schedule of Debt

One debt outstanding: advance for legal services by Washington, DC, firm that assisted in the transfer of the FERC license for the Buttermilk Falls hydropower facility….. $3,000

List of Board Members and Management Team

William Edsall, Board Chairman and President
Maurice Adams, Board Member

Michael Colacicco, Board Member
Patrick Flynn, Board Member
Roger Heimann, Board Member
Randolph Horner, Board Member
John Willis, Board Member and Treasurer
John Dodson, Engineer and Coordinator (pro bono)

Personal and Real Property Transfers

Personal: equipment and FERC license for Buttermilk Falls hydropower facility (see Operations and Accomplishments elsewhere in this report)
Real Property: none

Assessment of Internal Control Structures and Procedures

Until very recently operations have been informal and bare bones, an all volunteer community effort with no assets, revenues from commissions only, no paid staff, no employees. The Board recognizes that operations are beginning to become more complex and will be making the development of appropriate policies and procedures a priority in 2018
Enabling Statute

New York State Not-for-Profit Corporation Law Section 1411:

Committees

At the present time the HPU has no formal committees. Audit and Governance committees are expected to be appointed by the Board in 2018.

Board Meetings

The Board normally meets on the evening of the second Tuesday of every month.
Notice of meetings, together with an agenda, is posted to our website (www.high-pointutilities.com) under the "About" heading, under “Agenda”.
Minutes of meetings are normally posted to the website, under the "About" heading, under “Board Minutes” within 14 days of adoption.

Organizational Structure

The HPU is governed and operated by the Board of Directors. All volunteers and pro bono service providers report directly to the Board.

By-Laws

The HPU's by-laws are posted on our website (www.high-pointutilities.com) under the "About" heading.

Fiduciary Duties

Each Board Member has executed an “Acknowledgement of Fiduciary Duties and Responsibilities in accordance with Section 2824 of the Public Authorities Law
Code of Ethics

The HPU's Code of Ethics are posted on our website (www.high-pointutilities.com) under the "About" heading.