[0:00] To the flag of the United States of
America and to the republic for which it
[0:06] stands. One nation under God,
indivisible, with liberty and justice
[0:12] for all.
[0:23] » Here
[0:28] » that agenda for motion.
>> Second.
[0:34] » All in favor?
[0:39] » All right. We got discussion of current
FY26 budget. I put that on because Jeff
[0:44] had something he want to say.
[0:52] with the talks of moving this building
over here and and and
[0:58] turning that over to tourism.
Uh
[1:03] when I went in there, when we put the
windows in with Greg, uh he opened the
[1:09] back closet and
he pointed out what he thought was mold
[1:14] all over the wall.
Is there any possible way in this budget
[1:20] that we can get a mold test done in
there before we open that up this year
[1:26] for the tourism
[1:33] or we have to wait until
the next budget?
[1:50] We have to see how much the mold test
would cost first.
[1:53] » I'm sorry.
>> We need to see how much the B test would
[1:55] cost. I mean,
>> I don't know how much the test would
[2:01] run.
[2:04] I would need to see the cost on that.
>> Would that would that be pro?
[2:08] » You would need
some sort of bid.
[2:12] » I don't I know how that slipped through
because I had mentioned it when we did
[2:17] the
>> clean out.
[2:20] » I never had a key to that room.
>> You don't have a key to it.
[2:23] » That you're talking the closet in the
corner. In the corner behind you.
[2:27] » You told me it was locked.
>> Yeah, it's locked. I don't have a key.
[2:32] I didn't know what was in there.
>> Okay.
[2:35] So, we need to get
you get for that.
[2:40] » I would suggest that before we answer
the question. put into the current year
[2:44] budget because
without knowing how much test cost
[2:51] you don't have any idea what you're
talking about.
[2:53] » So we put it all at a time.
>> I mean the answer to that is yes another
[2:59] question. You're going to need to you're
going to need to get a price
[3:04] on how much test it's going to cost
first.
[3:10] All right.
[3:14] » With that being said, are we going to
remodel that side as well,
[3:18] » the walls and stuff like we did this
side?
[3:22] » Cuz it's just old paneling.
>> That's going to have to be something to
[3:26] » be budgeted, too.
>> We can't we can't do anything with that
[3:28] until
>> everybody's until he's out, right? I
[3:31] didn't know how quick they were to use
it. a turnaround was, you know,
[3:35] » one and one in there now that
>> I mean, not that you couldn't use it
[3:40] like that, but the one side's re redone.
All the panel was painted, the ceiling
[3:44] tile was painted.
>> We could we could close off the one side
[3:49] until budget time
>> and then Okay.
[3:52] » Yeah. And I that's what I would that
would be my recommendation.
[3:56] We can't we can't let people in there if
that is black mold in that closet.
[4:03] Yeah, my suggestion would be to
definitely
[4:07] um
did that service out and find out how
[4:12] much it cost.
[4:25] » So, we just wait and
we can't let them in there until we find
[4:30] out.
>> It may not be back. All
[4:34] right, that's just tablet for now.
>> That needs to be uh tested. I'm going to
[4:40] make a motion that we close that one
side off till we find out.
[4:43] » I don't know if we can vote because we
don't have it on this cuz you didn't
[4:47] tell me what you wanted on it. That's
not on it to vote. Can we
[4:53] don't think we can vote for that not
being on the agenda.
[4:58] What do you think, Lane?
>> I don't think per Lance said without
[5:03] with nothing being itemized on this, he
says you cannot vote as it's just a
[5:07] discussion.
>> But we can do that next week on Tuesdays
[5:10] though. You would do that to next
Tuesday.
[5:14] » Y
>> that's what I that's why I asked you
[5:16] when was talking.
>> Well, I was hoping we could do something
[5:19] tonight where we could get the get the
test.
[5:22] » Well, see people had a hidden agenda
that we didn't post what we were going
[5:27] to talk about.
>> So, we'll take the next meeting. So
[5:30] Lance asked me what was on the agenda
and he went okay I went through and he
[5:35] just make sure they don't vote unless
it's the next meeting.
[5:42] » Yeah, we're going to take
a motion.
[5:46] » All right.
>> Okay.
[5:50] The next discussion
u
[5:55] I've got one thing for the budget if
that's okay. um on this thing with the
[6:01] um the hood park.
The scoreboard had a controller that was
[6:08] part of our parks,
actually part of that park because all
[6:14] that was donated. So if the people do
not return the controller, do we have
[6:19] the budget in the parks to provide them
with that controller so that
[6:23] » Well, right now, Mr. Pitch, that's not
on this eater to discuss.
[6:26] » It's on the budget. to discuss. Well,
it's something that we should consider.
[6:30] And I'm just asking what's the budget
for the parks right now? Would it handle
[6:34] a $1,200 controller?
>> Well, it's an item that's not um in the
[6:40] budget. So, um with it being that large
of an item, we would have to look at the
[6:45] um
facility as to where we would need to
[6:50] put that in.
>> So, we might put that on the next to see
[6:54] if we can do that because They got to
have control over that that board. So
[6:59] most people help.
>> But our is just the fields that we do.
[7:03] We don't you know we don't
>> but it's up to the board. I mean the
[7:07] board wants to do it.
>> But once the once the board once that
[7:11] scoreboard was donated to us, it was
ours to to keep up and everything. So
[7:18] » I can tell you this is in with the
attorney right now and he has not
[7:22] provided a full answer.
>> Good. Okay,
[7:25] » that was turned over to the attorney.
>> The missing
[7:30] » everything in there. Okay.
[7:34] » All right. Let's discuss this what I
just said. The LPUA
[7:38] P electric bill payment plan and
approver.
[7:43] » So, um I received our
February electric bill which is for the
[7:49] January usage. I apologize. I'm sorry. I
can't talk very loud. I don't have a lot
[7:55] of breath. My asthma is kind of inflated
right now.
[8:00] I'll talk as loud as I can. Um the total
bill for January was 1,19,7427.
[8:14] They have offered to withdraw on
February 18th 676,572.75
[8:26] and the remaining balance owed from
Wintertorm Fern will be um $432
[8:32] $432,5152.
[8:37] um that remaining balance um will carry
forward with a potential interest of 5%
[8:44] occurred over a 9-month period.
[8:50] So,
um
[8:55] there is no way to tell on this bill
that you have in front of you whether
[9:00] what is the normal versus what is firm.
Um I did speak with NPUA today and they
[9:07] did say that the minimum they did um try
to give us on the first payment the
[9:15] minimum bill looks like the cold would a
cold January but the exact amounts
[9:21] aren't 100% tied out.
She did tell me that January began very
[9:27] mild um and ended very um you know what
it did in winter harm. The natural gas
[9:36] prices are what were driving this um
cost. They were 10 times higher than
[9:41] normal. I can attest to that because our
natural gas um bill was doubled it for
[9:48] award as well. This can all be verified
on the EIA website if you want to take a
[9:55] look at that.
I did speak with our auditor to get some
[10:00] consulting advice on how we should move
forward.
[10:06] Payments will be approximately 50,000 a
month. So the first payment that we make
[10:12] will be 676,572.75.
[10:18] the remaining balance split over 9
months. We could pay approximately 5% in
[10:23] interest, but it could be less if they
get to use reserves. We don't know that
[10:27] atro right now. We're they have to
consult um another board within their
[10:33] organization.
The interest will be between 17 to
[10:37] 18,000.
The customer will pay their portion
[10:41] through the PPA in both scenarios.
Whether we pay full price at one time or
[10:46] whether we pay payments
take approximately 3 months to pay back
[10:51] the bills through the BPA.
I'm not approximately sure on the
[10:55] payback how long it'll take.
>> How many how many months pay back?
[10:59] » We think approximately three months, but
that's not confirmed. I could not get a
[11:03] hold of likely to design the PPA. We
think approximately three months. could
[11:09] be longer
um but we think approximately three
[11:14] months. So my recommendation since um is
to do the um pay over 9 months because
[11:24] you're going to deplete your cash flow
in the electric department. You have
[11:32] more than just
worrying about getting back up. You have
[11:37] large projects that are coming out. You
also have at the end of the year
[11:41] transfers into other departments that
you have to pay back and you don't want
[11:45] to strap your electric department over
time. You do not have the cash flow to
[11:49] pay this pay this down and worry about
strapping your electric department. This
[11:54] will give you the time to um raise
the cash flow back up to where it needs
[12:01] to be and you won't be strapping that
electric department down.
[12:05] You recommended nine months
>> do
[12:09] it's on the advice of the auditor. The
auditor and I spoke and this is what he
[12:12] recommended as well.
>> Will it be a pass through to the people?
[12:16] I'm sure.
>> Yes, it will.
[12:17] » What if uh we haven't another storm in
two or three weeks or what if it gets
[12:23] really really hot during this time we're
paying this back and it gets into peak
[12:28] again
>> again? I can't unfortunately I don't
[12:31] have those answers because those
situations haven't haven't occurred. I
[12:36] can tell you that when I sat on the
phone call on January 28th with the rest
[12:40] of our group, those questions did come
up and they said we have to tighten our
[12:44] belt. We have to do better. Our reserves
within our organization have been
[12:49] depleted and we are trying to get those
reserves within our organization within
[12:53] the member cities back up. So, and did
you say that normally we paid $30 per
[13:02] MHz and it the peak went up to $500 per
>> I would say around we I would say we're
[13:09] normally paying I think I saw um I think
I saw somewhere where we it went you
[13:17] could say approximately 30 I'm not going
to say that 100% that's accurate but
[13:22] yeah you could say we were paying maybe
it would jump
[13:28] I don't have those sheets in front of me
but it was 30 to 40,000 in the natural
[13:34] gas is what we would normally pay but um
on the electric side
[13:42] we're paying for demand. So the demand
over winter storm burn went up 10fold
[13:49] and it was based on natural gas prices.
So the natural gas price went up 10
[13:54] times what it normally is. And this
happens every few years because if you
[13:58] remember a storm Yuri,
we had the same same effect. And I
[14:04] looked back at natural gas prices
um for I had to do this for the auditor
[14:10] not too long ago and the same effect
happened back with um wintertorm Yuri as
[14:16] well. We saw the same effect not so many
years ago with Wintertorm Yuri. We're
[14:21] seeing the same thing. We've been
significantly lucky with our winter
[14:24] storms that we haven't seen the same
effect happen
[14:29] um with the prices. I will let you know
that they were they did have to shoot
[14:35] out some $900 per kilowatt hour um
electric. I don't know what cities got
[14:43] got hit with that, but they did say that
they had to purchase those powers. Um um
[14:49] some of them was in the $400 to $500
ranges where they they transmitted that
[14:53] electric. We don't know. We just sit on
these calls and they tell us this
[14:57] information and they do the best they
can to purchase it. But when the demand
[15:01] gets high, they have to purchase at high
prices.
[15:04] » Now, this is based this isn't based on
our usage. It's based on a conglomerate.
[15:09] » Um no, this would be based on what we
paid.
[15:11] » Yeah.
>> General.
[15:14] » Did we peak in electric and peak in gas?
We did.
[15:18] » Yeah, we did.
>> Okay.
[15:20] » I mean, you can look and she said um
last month we used 7 approximately 7.1
[15:27] um in December because the prior month
energy charge was 7.1.
[15:33] The in the current month in January it
was 7.7 kilowatt hour.
[15:39] » I got you.
>> So
[15:41] » So you're talking about interest on
this. We're talking 17 18,000 per month
[15:45] interest. for eight or nine months.
[15:52] » That I wrote that down, too. So, that's
kind of how you worded it. So, is it 9
[15:56] months and a total of 17 or 18,000?
>> So, it be 450,000 and total
[16:02] approximately um additional
payment.
[16:07] » So,
>> 400 and some thousand,000
[16:12] per month approximately.
>> Do we have that reserves? at the back
[16:15] reserves right now. Could we pay this
bill and save the citizen $450,000?
[16:20] » Cut your reserves in half.
>> Huh?
[16:23] » I don't think you I me personally I
don't want to cut this the tax the uh
[16:27] electric department's reserves in half.
>> How much do we have electric fund right
[16:31] now?
>> We have
[16:33] » And then how much do we have reserves?
>> We have 2.6 million in reserves.
[16:37] and in the count of the electric too or
just two in the reserves and two in
[16:43] electric
>> and you're going to spend three or 400
[16:46] million um right off the bat um on a
huge project and you have other projects
[16:53] within the city that you have to do.
>> Yeah, but we're going to get this money
[16:57] monthly back is what I'm saying. I I
just hate to pass on
[17:03] interest.
[17:07] I get it. But
>> are you saying $19,000
[17:10] a month?
[17:15] » 17 to 18.
Is that per month?
[17:19] » Or is that $19,000?
N
[17:22] » is Yeah.
[17:35] » The way you worded it, it said months 5%
interest at 17 18,000. So that would be
[17:41] a month
>> at least. So yeah.
[17:44] » Okay. So that's per square month.
>> We we can try to pay it off and I
[17:50] believe we can pay it off because we got
the money coming back
[17:54] in. But I don't get to vote on this. But
that's just my opinion.
[18:02] » I want to say $450,000.
Because you know what? Even in our
[18:07] budget for 9 months, we're going to
budget this so much per month next year
[18:10] budget so we can pay it off. And how
much interest would we get out of these
[18:16] uh reserves anyway?
>> We're not getting any interest. We voted
[18:21] to put all the interest in the general
fund. The general fund would not have to
[18:25] borrow any. So all the interest stays in
the general fund.
[18:28] » I did it any way possible at all. Pay
himself.
[18:32] » But that's up to this board. You want to
go 9 months? That's up to you all.
[18:35] » Okay. Well, hold on. 9 months at $18,000
is only $162,000.
[18:41] » You said $400 and something. So,
>> it's 50 It's 50,000 a month
[18:46] approximately
is the payment because it's $432,000
[18:52] at 550,000 a month. I made 450,000.
>> Yeah. 50,000 a month in the payment. But
[18:58] you said 480 something,000 in interest.
Yeah,
[19:04] » you 162,000.
>> Did you?
[19:07] » Oh, yeah. Maybe I It's been a long day,
guys. And they haven't even made their
[19:11] payment schedule. Sorry.
>> That's all right.
[19:14] » I I raised a payment on APY. Uh and they
gave me $50,000. That's what they told
[19:20] me. Approximately $50,000
$50,000 a month for payment.
[19:24] » And they haven't gave you the full
payment schedule yet. So, I apologize.
[19:30] And that's over and above.
>> And the said 17 to 18,000 total. And I
[19:35] wish I wish I hadation schedule, but I
don't
[19:40] amount.
>> So we'd only be 162,000 in interest. Is
[19:44] that what you're saying?
>> The interest would be on the full
[19:47] amount, the 1 million sum, right?
>> No, because we're paying 676,500
[19:52] right off the bat.
>> Then it would be on the
[19:56] left,
>> whatever number that was.
[20:00] $432,515232,510.
[20:27] » All right. 600,000 on 11
[20:34] 500,000.
[20:39] » Well,
432 and 162 the whole 9 months
[20:47] 9 months
432
[20:51] instead of taking half return
about 225,000
[21:06] We got next Tuesday, right?
>> We got to the 18th.
[21:10] » The 18th and they will automatically
>> why we call the special meeting.
[21:14] » When's the next meeting?
>> The 17th.
[21:18] » Would it help if we moved on to the next
thing and you know
[21:22] » like went to your office and figured
something out?
[21:24] » I can do that.
[21:33] If if the reserve is 2 and a2 million
and the bill is a million one, we're
[21:39] already going to pay 600,000. You're not
going to need that reserve. I know half
[21:44] you're going to be taking 47,000 out the
reserve.
[21:48] » Yes.
>> And you're going to pay if you don't use
[21:50] your reserve, then you're going to pay
180 leverage interest.
[21:55] » I know. So simple a minimum
>> on simple interest is about $17,000
[22:01] total interest um
>> per month
[22:05] » per total interest for 9 months.
>> Yeah. Per month.
[22:08] » And the interest would be $1,800 a
month.
[22:11] » Also the 50,000 tax to the next month.
>> Month. Okay.
[22:16] » So we have another big letd down. We're
going to have another million dollar
[22:19] bill plus 50,000.
So where is the 676,000
[22:26] coming from?
>> The down payment we have to make it
[22:30] would come from our electric
bill from our electric
[22:36] » electric cash.
>> So then it'd be 432501
[22:41] would come from reserves if we paid the
whole thing.
[22:44] » No, it would come from our electric
cash.
[22:47] » Electric.
>> It doesn't come from reserves until
[22:52] over
if it's 9 month.
[22:59] » No, she said total. You said
>> simple interest is 17,000 total.
[23:04] » 17,000 total.
>> No, she saidal. Simple.
[23:11] » That's what was throwing me off. I was
like,
[23:14] » that's only $17,000.
>> Mhm.
[23:17] » A for 9 months. It's $1,800 a month.
[23:23] » Most students
and
[23:26] » I mean I I will verify that um with MPA,
but they're going to give us a schedule.
[23:32] » Can we wait till Tuesday to make a
decision on this and the next morning
[23:37] you let them know
[23:43] » and you can get all the information for
us to make sure that it's right.
[23:48] I don't I don't know if it's that or
this is an auto they autoraph this.
[23:54] » Oh
>> So I don't
[23:59] » stop.
>> Can we vote on this?
[24:02] And that's pending. You're right on your
information.
[24:05] » I will verify tomorrow
because this ties us up for nine months.
[24:11] And if we have another problem,
>> we got another bill. We got another
[24:14] interest. Well, how how would we pay it?
Payments
[24:20] » for 9 months.
>> I I would say for your 1,800 for 9
[24:25] months and then if we pay it off early,
>> get the numbers in like you're talking
[24:30] about
>> 18,000 for 9 months,
[24:33] » right?
>> You said 1,800.
[24:35] » Well, 1800.
>> Okay.
[24:36] » Can we pay that off earlier? They still
going to charge it that percent.
[24:40] » We can't pay it off early.
>> A lot of loans are you pay that percent
[24:43] you pay it off early. There's nothing in
the writing that says we can pay it off
[24:47] early.
>> Can't pay it off early.
[24:49] » I think so.
>> Well,
[24:53] this is truth.
>> I remember that now.
[24:58] » My opinion is pay the whole thing, but
that's up to this board.
[25:01] » I'm kind of there.
>> I heard there too. I'm going that way
[25:06] too. Are there any projects that we
could take out of capital improvement to
[25:11] improve the cash for electric?
[25:19] » No.
>> We got to do that
[25:22] and we got to improve it. We're not
going to improve.
[25:27] » This board
>> has this ever happened before.
[25:32] » When was that? Um,
>> did you pay it off or did you go
[25:37] » We're still paying it off.
>> Is that 1.2 that we talked about
[25:40] earlier?
>> We paid it off. That was the 1.2.
[25:43] » So, the customers paid it back over a
2-year time and we're paying it back
[25:46] over a 5year period.
>> Okay.
[25:51] » So, we're still paying on the last.
>> Yeah, that's the long.
[26:02] pay the total bill and take it out of it
reserves what we need and pay back the
[26:06] reserves.
>> We can't take it out of reserves or
[26:10] » out of the electric reserves
>> you
[26:14] take it out of your cash but
>> it comes out of your regular budget and
[26:19] once your budget is exhausted then you
hit your reserves.
[26:21] » Yeah.
>> Unfortunately
[26:23] » $10 something.
>> Yeah. I pay the bill
[26:27] » and then we can pay it back when we get
it in.
[26:30] » Yeah. We get it in slowly x back in.
>> So the customers will pay a portion of
[26:35] this. It hits their PPA
>> and if we need it if we need a rate
[26:39] adjustment and the electric we should
study that and get a
[26:44] » we know that but just say
>> we all this time
[26:48] » is we we're not discussing. I made a
motion that we pay in full.
[26:55] also did the thing.
>> Hey,
[27:01] yes.
>> Yes.
[27:04] » Where am I?
>> Yes.
[27:07] » Yes.
>> Yes.
[27:10] » Yes.
>> Can it be done?
[27:13] » It's going to totally limit your cash
flow in the electric department. It's
[27:17] not my recommendation and it's really
not yours.
[27:20] » It can be done.
>> So, what happens if we have an ice
[27:22] storm? We got reserves.
>> Yeah.
[27:25] » 2 what? Five.
>> 2.6. Right now,
[27:28] » our reserves are for emergency.
>> Yeah.
[27:32] 1.5,
>> but you transfer into your general fund
[27:35] every year.
>> What's our $2.6 million draw at the
[27:38] bank?
>> Your 2.6 does nothing in your electric
[27:42] department. It goes to your general
fund,
[27:44] » right? But is it in the bank?
>> It's a variable um
[27:50] variable every month. So it's roughly
about two 2% at the bank, but it does
[27:55] nothing for your electric department,
>> right? But we can if the electric part
[27:59] department needs money, we can pull
money out of the reserves to help them.
[28:04] Correct?
>> So I'd rather draw 2% interest than pay
[28:08] 5%. That's just the way that
>> I think.
[28:17] It's already passed.
Yes or no?
[28:24] Well, trying to state a citizen a lot
here.
[28:31] I want just because Jennifer recommends
against it. I'm
[28:35] » Hey.
[28:43] All right. Moving on.
208.
[28:49] Move to have the third reading of bill
number 2208.
[28:55] » Huh?
>> Have a second.
[28:56] » Second.
>> All in favor?
[29:01] » An ordinance authorizing the mayor of
the city of Cuba, Missouri on behalf of
[29:05] the city of Cuba, Missouri to enter into
an agreement with Crawford County Youth
[29:09] Football for the use of facilities
located at Cuba Park.
[29:14] Have a
>> motion second.
[29:17] » Ro.
>> No, we got written first.
[29:21] » No, we just read
>> confus.
[29:31] Yes,
>> the same.
[29:34] » I guess really before I did that, I
should have asked Sierra if everything
[29:38] was all right in that contract.
>> Yes, sir.
[29:41] » You good with that? Okay. Sorry about
that.
[29:44] » Okay.
>> Motion to have the second reading of
[29:47] bill number 2208.
>> Motion.
[29:51] » Second.
All in favor?
[29:53] » I.
>> An ordinance authorizing the mayor of
[29:58] the city of Cuba, Missouri on behalf of
the city of Cuba, Missouri to enter into
[30:02] an agreement with Crawford County Youth
Football for the use of facilities
[30:05] located at Cuba Hood Park.
to accept deferred reading of bill
[30:10] number 2208.
>> All right, you confused it.
[30:13] » Second
proc.
[30:19] » Yes.
>> American.
[30:25] » Yes.
>> Bill number 228 becomes gardens 957 on
[30:30] this 12th day of February 2026.
>> All right. The last one for joint.
[30:38] Get out of here.
[30:42] » I just I just want to wish my
condolences to see her family
[30:51] and he was a good man.
>> Mark
[31:00] family. I think we're
>> allerg.