Enter a name, company, place or keywords to search across this item. Then click "Search" (or hit Enter).

Copy the Page Text to the Clipboard

Show the Page Image

Show the Image Page Text


More Information About this Image

Get a Citation for Page or Image - Copy to the Clipboard

Go to the Previous Page (or Left Arrow key)

Go to the Next Page (or Right Arrow key)
Page: of 12

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