would be one was one point eight million yeah the revenue decreased by almost nine hundred thousand over the same period of fifteen because  that we're providing a credit of whatever this is you know what our for trudging more for purchase power transmission costs than anticipated right so we do that more either yes so if there's any changes credit or you know or an we started to charge people more and that's what we're doing now is we're trying to we're getting to a point now where we stop having water and that's why you were seeing charges for the last couple of years ok to recover our cos and so i'm curious about that i'm also curious about how the the short term debt this twenty six million short term debt is that going to be repaid when the yes in who's that in that's ever so we get twenty six million and we pay off the debt that's right for me and what happens to the net position there's a go up by twenty six moon no so if i bonds or have a liability twenty six million by cash was the other component him it's fifty three point seven so the difference between the three six point one and that is over the long term bond that the long term bond is twenty six one was that the amount that was approved by telling me that the three point seven project yes and then twenty six point seven was deemed to be the long term asset for the town yes twenty six point one twenty six one six perspective i don't get from a town meeting june of two thousand and seventeen and request the d authorization of twenty seven six via the rice debt so it has the twenty six is coming off an asset and it's coming to in mind all right so then what is this other story that we've been talking about this this eleven million fourteen million the additional you know so how's that going to work out what happens there what happens you know just say it let's say it's eleven million because that one number that we were on yet does that mean that our long term asset goes some twenty six one to sixteen one no because there's a distribution project is part of that so those funds are going to go to fund the distribution project which is roughly around seven million on the surplus amount but we could think about doing that for retiring the current substations completing the writing's mission one project well i think source hopefully by twelve thirty one oh yeah this year and we were looking at a range i'm going to say the range was arounds six to ten million dollars and what we talked about is this three substations that have to get de commissioned there is that this is my terminology there's all this upgrade in front of the the new substation ali upgrading of the lines throughout the town and it's just kind of a huge project  project you know i'm i'm not an engineer or work for the like but i'd say it's a project that probably going to take about i'd say five state is to fully complete so what i said to jim as long as we're taking whatever excess of that twenty six when we're talking about it we're putting it back into the plant power plant that we're all set because we're using the money for you know small government purposes and what we want decommission our current substation feed our town with electricity take all the electricity from the new one hundred eighty substation to the west community so that's the next phase right yes yes yes so we're i what i hear what i handed out  was it was really the youth of the next couple who proved the project which is the the master plan that we've been working on right and so this is a very very high level draft of the plan to have one more of these  basically what we've got laid out here is that the we've got the master plan for the decommissioning implementation of the of the main substation which is across the street at four fifty and the plan we've got to laid out into two phases is from fall of two thousand and seventeen through fall of i can't read that's too small but it's safe to say it's two thousand and twenty three without looking at it but twenty two twenty two ok i'd say it's five years out right so it's basically the first one's a five year project and the rough estimate right now is about a twelve million dollars project this is not an engineered number at this point i'm waiting for those numbers to come in  right there's a lot of assumptions made with this the second phase of this project is to get out of the other two substations and this is also in the range of about six million the main one station ok right right yeah and right now you're just a backup a little bit the part of the project that we're working on now is to connect all of the existing substations to the new substation right so that's that's where some of that money that everyone talks about that that plan is part of the original project ok the decommissioning is part of the master plan and also modernization of the system we've got the whole town modeled right now it was an engineering model for the entire town is over the years we've been replacing any cable that fails and we've been upgrading it with higher voltage cable we've been replacing any equipment that needs to get replaced new transformers or any switches for replacing that with with higher voltage equipment so a lot of the capital expense that our work some of that work has already been done so that's what has to be factored in with some of these assumptions that are in here ok an assessment the consultant was doing the work we didn't have all the information needed to give give us a minus twenty five plus fifty estimate so we're still using the twenty six one for the purpose with a purpose was the belmont light project i mean that's a critical piece to this because it isn't going to be used for something else other than this project and the reason i'm trying to emphasize that is fall of a sudden we decide we have another use for then i have to i wind this deal we get  destruction of service for a few hours or not not not right now the way the work that will cause disruption in the community would would probably happen closer to macho april timeframe as w finishing up the final cut overs this is always on i think whenever we're doing something like this you know this we always ask jim to tell like men yeah the flag that you know they had to come on and then there was no one ice and there's always something like that so with regard to the question village as an example you know we closed in escrow and we had one issue left and we knew that that was likely to be done yet it would be an extraordinary event if it happened so i looked up and like to know just if there's anything out there if there's something out there that could go wrong that would stop this from being energized by year end and then i'd like to hear from floyd what happens if that happens does that delay the taxes but the first question f of today there's there are parts being shipped and for some reason if those parts don't show up that could be a problem  other than that i don't see any what if scenarios here that would stop this from going forward and where they're coming from connecticut i believe  pennsylvania ok so they should be able to do it i would say so yeah they're supposed to be here this week or early next week you know that if that's something that you might be able to control it's just customer if they if they get they're willing to assume control of the office as as of right now everything is on track for a nose november december fifth and as ation we're expecting the closing to take place before that time y know i understand incidentally about contingent at the right well there was a time when you asked me the question a lot you know what keeps you up at night and right now i'm sleeping pretty good ok tim's not a good job on this project  his thoughts and prayers of compensation in bonus we need to consider that and i think we need to reach decision on all of that out of our next meeting in fourteen let's talk about process for a moment we could either do the evaluations in provided to i'm glad sammy raised the issue about the record obsession never says public session because it's my understanding that even if we go into an executive session once the information is de sensitize the document we'll have a summary document that will be provided to jim and then i'll go through so that's subject to whatever documents other than the trap to commit that i suggested that we discussed him this is there was  david's review we had a summary document we went through it and then we had a recommendation worley in terms of race which will do ok so i think you need to think about what regions memo think about exactly what committee is doing watson i've been learning a lot and you know it was harder to approach some point and then of course it's been suspended a little bit whatever i'm interested in helping jim and the town and his team how to better use you may have you know with fishing village where me and with other matters we've been delayed on l back and also the energy committee ok we're finalizing committee appointments this evening the community has my commitment that we will wait until and i like where you have seen as well so those are the three in the reason for that is bob had it we didn't appoint to the advisory board because of all of so i'd like to reappoint bob i really like this gentleman here travis frank and i think we have seen has a lot of great knowledge and experience based on the work that he did with the retail working group my fourth would have been steve now steve pinkerton simply because we didn't appoint him to play anymore and i really liked him for that appointment and he also apply to this and i think this is the only other committee applied for so he's a very thoughtful gentleman i don't know david but your thoughts yeah i mean number one i think you're right i think bob foresters expertise would be needed ok his technical and accounting background and he's very familiar with the operations having served on the former advisory committee for many many years just of since its inception so i think bob forrester would be a great addition i would also say roy has proven himself  with this the whole solar you know energy debate that we had before i actually did speak to roy after one warrant committee meeting and i said you know what you're doing to yourself do you want to serve in both capacities and you know he said i'd love to so i think i think roy also adds and these are my thoughts a needed expertise  one you know i'm i'm happy to go with sarah or i'm happy to go with ransome you know steve pinkerton was another one who pointed the we went to the very thing you know but we said that the planning board would they're the year involvement before that's fine was different and so i think we're going to ask them to do a lot of economic model modeling we certainly need a casa service study at some point jim wright i think we've talked is next to means is on november fourteenth at five thirty pm i work with a known agenda for that in december twelfth we'll finish up our year that's a five thirty as well isn't it well again i just i just want to mention that i think that