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Collection: Newspapers > Nevada County Nugget

March 3, 1971 (12 pages)

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Nee w~ eens Nevada Irrigation District was in generally better finacial condition at the end of 1970 than it was one year earlier, the annual audit indicates, One aspect of the financial statement even went from a deficit to black figures, according’ to Thomas Gianella, certified public accountant retained to check the books. The district had $175,000 in working capital at the end of 1970, an increase of $378,000 from the preceding year. Assets showed a $1 million increase, totaling $76.5-million by year's end, NID's assets are so large because of the district's partnership agreement with Pacific Gas & Electric Co, on the Yuba-Bear hydroelectric project. Those assets alone made up $58.5 million of the total. Gianella and the directors spent some time Wednesday explaining the bookkeeping relationship of the Yuba-Bear to the district and the value of this project which was built in the mid 1960s, Chairman James McAdams said the district benefits from having amajor water source available and will own the system at the end of another 45 years. The district receives $3 million annually from power sales, and Gianella said ‘this money is used to pay interest and principal on bonds with a large amount placed in a special fund because more bonds: will become due in later years of the project than are cashed in now. The district received $1.1million from water sales last year and had expenses totaling Victor Huber only candidate for Sierra post Victor L, Huber, a local attorney and incumbent on Sierra College Board of Trustees, is the only candidate running for the Nevada City Area Six seat to bé filled in the April 20 trustee election. John Kootstra, county veteran's service officer, filed for the post. However, because he resides in Grass Valley Area Seven, rather than in the one where the vacancy exists he is ineligible to compete, the Placer County superintendent of schools office reported this morning.Sierra College serves Nevada and Placer counties, Although candidates must live in the areas for which they file, eligible voters in all areas may vote for all representatives. Competing in Roseville Area Three are Willard Dietrich, incumbent, and David Rodriguez, both of Roseville. — Robert Hansen of Loomis, incumbent, has no competition for his bid for reelection to represent Loomis Area Four. NID finances are improved about the same amount, although : not all in the water area, Gen-expenses totaled cf eral fund $791,000 and Yuba-Bear operation and maintenance $341,000, Gianella stressed that the di; rectors have spending authority : over only about 20 per cent of . ‘the distirct's total revenue as ; the rest is reserved for YubaBear bond repayment or construction projects financed by state or federal grants. The district's net income last year totaled $515,000, a 6.89 per cent rate of return on the $7 million customer investment. Gianella called this-rate of return "quite favorable" but warned that the small percentage of investment from customer revenue related to total assets shows a lack of sufficient working capital. "There is not enough money to work with," he said. In other business the NID directors discussed the possibility of serving water to the new Seven Hills School off Brock Road in Nevada City. Local Agency Formation Commission, which is working or annexing the school to the city and will have a hearing March 8, asked the district's intentions, Manager Frank Clendenen stressed that the district should not give up densely-settled areas to the city which have high revenue potential from domestic customers. The board thus indicated it wants to serve the new school but wants more information before making a formal decision, It was estimated running an eight-inch line to the school may cost $15,000. Director Bruce McDonald questioned doing such construction for a new service when many existing services need maintenance. Clendenen said the new line would upgrade service to the district's customers in the Brock Road area as well as handle the school, It was not known whether the school district would pay part of the cost of installing the water line. \ The district also handled two items involving Rollins Reservoir. One was tentative agreement to sell 2.3 acres overlooking the lake. A party has expressed interest in buying the land said Al Scurr, adm a tive assistant, Am appraisal will be obtained and bids sought. Leonard Lugland, operator of the recreation concession at\ Rollins, asked the district to pay a $226 bill for repair of a water pumping installation which was not put in correctly when the Yuba-Bear job was done several years ago, McDonald objected, saying there have been a number of small claims for such items. "There hasn't been a year since the facility was leased out that we have not made a contribution in some way or other, and we don't get that much out of it," meaning revenue from recreation: ' ' WAYNE F, SMITH Wayne Smith seeks post on GV counal Wayne F, Smith, a 35-year old native of Grass Valley, will bea candidate for Grass Valley City Council in the May 3 election. Smith is an office employe of the Pacific Gas & Electric Company inGrass Valley and has a varied background which he feels will be helpful in his bid for city council. After graduation from Nevada Union High School, Smith attended Sierra College for two years and earned an associate arts degree. He worked for many years outside of the area as a manager for the Firestone Rubber
Co. and Montgomery Wards in the tire department. After being moved from several locations, Smith and his wife, Cheri, decided to move to Grass Valley toraise their three boys, Corey, Casey, and Codey. He has been employed by the PG&E for four years. Since his return to Grass Valley Smith has been active in community affairs. He isa member of the Grass Valley Volunteer Fire Department, committee chairman for Cub Scout Pack 275; and a trustee for the Whispering Pines Church of God. For the fire department he has served as rescue squad captain and has been in charge of fire hydrant maintenance and testing. He has been honored as fireman of the month. "My background in management will be an asset in helping run the city," he said. Smith. added "after you are a councilman, if you don't like the way the city is being run you have no one to blame but yourself." a! . Mobile home meeting set Golden Chain Mobile Home Owners Chapter 219 will meet Wednesday at 7:30 p.m. at the forestry at Ridge Road and Zion Street in Nevada City. The assessor's office will be represented by either Assessor Elton Tobiassen or his assistant Art James to clarify tax questions. The new President, Darrel Roberts, will conduct his first meeting. Wednesday, March 3, 1971 5 In ‘an economy move, Nevada City School Supt. Dan Woodard will double as elementary school . principal next year. This was the most major of three reductions recommended by Woodard and approved by the trustees Wednesday. Charles Mumgaard has served as Nevada City Elementary principal for almost two years, but he asked to be returned to classroom teaching. A ‘letter from Mumgaard reminded the board that he was promoted to serve as principal only during the present building program for Seven Hills School. A full time principal is needed at this time to free Woodard for the many details involved in coordinating the construction project. However, the school should be completed in time for next fall's school opening, and Mumgaard will return to his previous position as a seventh eighth grade social studies teacher. He called his stint as prii. cipal an "enjoyable assignment" and "Acting Chairman Harriet Hume praised Mumgaard for "helping us through a trying time." The trustees also agreed to cut the district's nursing service to half time and eliminate a part time custodian. "With finances’ getting as tough as they are, we're going to have to cut someplace," Woodard said. Nevada City has not faced the severe financial problems that befell its neighbor, Grass Valley, but school funding is becoming increasingly difficult to get, and all districts face a $12 per pupil cut in state support for next year when a onetime bill enacted for this year runs out. : The current district nurse, Margaret White, asked for a leave of absence Wednesday, providing the opportunity to reduce. the position to half time. Woodard said someone will be hired: strictly to do necessary health testing. He also feels a schedule can be worked out so the four full time custodians can adequately clean the elementary and new intermediate plants, nullifying rincipal the need for the part time help presently employed. In other personnel business, the trustees held a lengthy executive (closed) session, then instructed Woodard to proceed with action on three cases that were discussed, Names of the employes involved were not revealed. The board also took several actions concerning sales of property and equipment. Some old’ chairs, desks and other equipment stored at the current Seven Hills School will be sold during the summer at a "garage sale." The board also will advertise to sell a strip of land bordering the new school to ‘even up the boundaries with Brock Street property owners, An easement across the new school to provide access for another property owner will be considered at an adjourned board session at the site Friday at 10 a.m. An appraisal will be obtained to determine a fair price for old Seven Hills and the. board then will consider selling it. And Woodard reported that an old house trailer the district owns wouldn't bring more than $1,500. He suggested keeping it for storage of maintenance equipment, but Mrs. Hume was hesitant to place the trailer on the new school site unless it can be adequately shielded from view. Mrs. Hume conducted the meeting because Chairman Carl Early was ill, Foresters install slate The Nevada-Yuba Chapter of the California Division of Forestry Employees Association installed 1971 officers at the Smartville forestry station Wednesday evening. Elected to chapter posts were, Ron Talmage, director; Roger Hansen, alternate director; and Richard Walker, secretarytreasurer. The out going offic-. ers were Larry Hunt, director; Ron Talmage, alternate director; and Gordon Wollesen, secretary treasurer. BUSINESS BILLBOARD THE GIPSON’S . -273-2961 JEWELRY == REPAIRING E. M. DALPEZ JEWELER 310 BROAD ST., N.C. 265-4501 ) —_—————————————————— . Sit back and let classified ads do the selling, renting or buying for you. : WATCHES THe CLOCKS Len Gilbert FARMERS INSURANCE GROUP HEFFREN INSURANCE AGENCY 111 W. Main P.O. Box 1034 Grass Valley, Ca. Ph. 265-6166