this there was a historical issue perhaps that there was a vote taken by former like what i was not in the fourth time to take fines and set them aside put them into an open trust fund and i've read some of those minutes and i kno videotape that perhaps i need to look at as well i read the minutes and it still isn't abundantly clear to me that in fact that was what the vote that was taken now i'm concerned because i want to count you know i don't want to anyway opap special purpose stabilization fund any interest or other income generated with a fun show shall be added to it become part of the fun so it sounds like even though it's an if you're calling it open special purpose stabilization fund can sound like it's an stops so that the money that's been accumulating in the special and the general account of the opeth funds we're talking about so then when you say stop what do you mean it's not the one year the year that this was voted was the only year that they transferred money they were trying to get it done for december correct me if i'm wrong for the money to watch him through the town soap have fun that was somehow only a year it was the only year the following year there was discussion and  as to what to do with it and the funds never got transferred they just stayed in belmont lights but they still got shot allocated and collected for opeth purposes they did they were allocated for that and then the we paid it you know the pays you  go we get the state right on an annual basis and pay and pay the the amount so the differential between the pays you go and all is collected is what's been accumulated right but the actual number that was being collected as well was staying in our county not going to the when i joined the board i asked whether or not there was a trust and the answer was and this was from kristina yes we can have one right and i said yes you can but until the board votes for you to have one town i think you know the question was whether the least in my mind the question was whether the funds had been authorized or not and then bob forster found these minutes in his paper file and then we look forward in the town clerk's files and all we could find was the agenda because before jim became general manager and before ellen became town clerk the circumstances they did find the minutes of subsequent meetings in february the approval of the december eighth minute was pending and then they didn't do it until the following may now it was that yeah so we have we have a statement that says and mark mark wants to go over that and look at the tape which tape exists i will take it for the that we are right that was the spirit of the vote then we should be jim clarified a point it reminded me that sensibly want to consider doing because of the you can expand the expense item and say that we would take but if this is the spirit of what that light board had agreed to then i think we have an obligation to operate in the spirit of what the like wanted to do and i think that now if we can hold that thought for a minute because it was my understanding that the light company is putting four hundred thousand a year into this account is that correct yes that's a ver ok because i misunderstood ok so we just ok hold on just for a minute it is the amount four hundred thousand dollars ok but fully four hundred thousand yes i think that's why there's three point two million in the account because it's you know but income that is generated when those funds are invested right is not going in to that account it's going into the general fund that's my understanding well that's fine yes investing are pretty investing our operating cash ok so if they are it's my understanding it's going into the general fund right so what we voted on mark the last time was we said ok we didn't think that there had been an authorizing vote yup and so we said ok we're going t the three point two million everybody thought i think it was jim's proposal that we put in the rate stabilization fund because you kind of return it to the rate payers if you had all right and then we stopped the four hundred thousand from being contributed to that specific account in you operating but based on what happened after that was bob forster came forward with the minutes and then we went on this paper chase and we found the approval and subsequent meetings and so now we still have the three point two million sitting there there's still collecting in the rate base and there's still you know if it takes us two years to make this decision they'll make another you know they'll be another eight hundred thousand that is not a yes or no no i know i know i know but i'm just saying that's you know mechanically that's how it would care so  which could very well do and perhaps that makes sense or give it to the town or i like to say this is a pair of funds for the like the private employees it seems to me that somehow we need to ensure that four hundred thousand dollars that's up to you now that the general have liability as one number for the town and that includes belmont was well owed yes but if we're going to sammy's point the pension liability bit or the like department and correct me if i'm wrong the pension liability for the white department is on the light department's balance sheet that came on balance sheet in two thousand and sixteen and when opec comes in in two thousand bouncing around since we have two members of the advisory committee here to talk about the electric vehicle center program when we proceed with that and jim will just finish with the substation tradition project update it should be doing but in general we agreed and principally because electric vehicles represent a new demand on to our grid and they get a growing demand on to the grid and if we had a quite a few electric vehicles charging at peak time this would charge this could potentially cost the belmont light department a lot of money in capacity charges and so the ability to move this new demand to off peak is the most important porton part of this and the most  so that's really what jim is most concerned about is kind of this potential liability of us having a whole bunch of electric vehicles charging ph so i think the concerns that we had are not concerns really but just we think for the benefit of the town it would be valuable to get data because no one really knows when electric vehicles are charging now right that we're setting up this incentive program to have them charge during the evening hours which is off peak many supposedly of our electric vehicle cost our customers already are charging off with an off beat so are we actually going to move them but it's data that we don't we don't have and i think it's part of this program we want to gather the data of bound when our electric vehicles charging how many of them are there how much are they actually demanding so that's a key piece of this is to make sure we get that data in that you can do for us well that's i think something sage will we should have a sage well to give it and to give us that data and in fact we'd also asked if sage would give us a report on a regular basis of how many vehicles do we have now how many vehicles did we actually move off off peak and actually what they're doing is they're saying if there is peak demand we're going to install chargers that stage well can turn off so the customers are signing up for the a bit for the already to let the like department turn off their chargers during peak time for that we are compensating them and so that's the general structure of the of the plan or reduction in the rate no it's not through a real production or a thing what it is is they'll be a charging station that's controlled by sage well and when jim calls and says we are in peak demand sage well can turn the charger off so that the charging vehicles at peak demand will not be adding to our load so that's really the fundamental program as it stands today we are not yet able to charge variable rates based on based on our billing system that ultimately is where we need to be and that's what jim is working towards us another reason why we need the data around when do so we shifted and yes we had a community input and there was some community input at the last meeting i did do i know there is a whole committee a record keane has been in contact with the roger you know yeah ok and we actually had a meeting you actually set up the community meeting on last last thursday night on to whether people would be supportive of any program e v program in general and what sort of organizing we want to do around that effort you may recall that jan cruz made a presentation from the for the energy committee a town meeting and the only area ability of the town to promoted electricity only thing i would potentially offer is that we supposedly have thirty three electric vehicles i don't certainly not thirty three owners were here right now thirty three liquor vehicles in town in town impos that was data that sage well presented i do not know if we looked at our own records seemingly we should have that but i think i would think you'd be worthwhile talking to those owners because some of them probably probably a majority don't so the billing system doesn't go live until october so we wouldn't we wouldn't even have the functionality to do the time of use until probably two thousand and seventeen ok in the follow up how important is  term goal short term goal was to get out in front now an educational look and try to collect this data and get out in front because capacity costs just keep going up and then and then next year after we've got our system in place and we do our cost of service study of it or just our rates anyhow we put the time of use in at that point in that because the overnight charging doesn't do you any good no if you're the way we build them up because the charge is the same most people charge it so again there's only i mean most people charge at home there's only thirty three people charge at charging stations during the day during their work right so if they're at work and there's so we don't really i have an apple campus here to have people pull into advisory members that i did say that yes why do so here's the concern there's a number of concerns right this is one person in particular but all of us there are all real concerns we may be addressing a problem that's not yet a problem so there's only thirty three cars currently and when we surveyed the audience that was here met at least one of them was already charging a night anyway so we're going to be effectively paying this person an incentive to not change their habits because there are already doing it right so i think that was the concern expressed by the dissenting member is that this is probably too early  rest of us felt that this is something we're going to need to do anyway and we need the data so that when we go implement the time of use programs we've got more we'll have a more informed discussion so that you know that that's exactly the concern that was expressed tonight i did call say well today to get some information if they they have any on do people all charge at night and the studies from other communities show no they don't  want people for during the day at least half and so i think we don't know i think it's still so new that we just don't know right but it's worth our stewing this finding and paying you know thirty three yeah one of the thing that we that someone brought up and i tend to agree with too is that there is a incentive in there for like a fifteen percent rebate i think it's something we potentially should cap that because it's an unlimited liability on fifteen percent payback potentially you could have  someone a lot of money for potentially not moving changing their dynamics so i think a cap of three hundred dollars might be something and we can again this is this is a a pilot so if we if we find that after we've got this data and after a and then there was rebates for power consumed and that of through that through that charger right doesn't matter what time of day because we don't currently it doesn't but doesn't  i think to understand what their habits and practices are actually saw so i do think that's the correct next approach and then the other thing is i do think it's important to be proactive rather than reactive so  know that share with you that you see currently i want to stephen i talk and give you a recommendation that sounded we do that we always i happen to know from my former all those currently seven positions there's two alternate roles that are not felt better to the other my goodness development right now and we're really expecting community element to turn that around really quick or anything any concerns expressed about the c e o or not that i'm aware of landscaping is   the transmission line is moving along nicely like i said before the all of the construction submittals have been a better proved construction is moving along we've we've got five complex crossings with the micro  tunneling they've completed one there on the second one right now so everything's everything seems to be you know working based on the schedule of things working pretty good because i don't have any any issues to report on that  curious what what his biggest concerns are of still i've still got to go through you know i saw process and what is that for the audience the ice so process well the ice a process is to bring the line to the so i got a meeting in july for that sort of preparing for that presentation and presentation with have a source and then we're going to do you know some stuff going down in washington for the the for getting accepted down there as well but and then and then we've got some operating agreements that have to get ironed out with both parties sharing the same space but in terms of property plant and equipment it looks we you have you have a clear view yes yes yes yes so we're you know like you said it