In an effort to keep you informed of your cooperative’s operations and activities, the following are highlights of the May 26 board meeting.
1. All directors were present. Also present were CEO Steve Seibert and Administrative Assistant Lisa Hinton..
2. The April 28 board meeting minutes were reviewed and approved.
3. The membership certificates were reviewed.
4. The vouchers were reviewed and approved.
5. The directors’ report was reviewed and approved.
7. Seibert reviewed the Hoosier Energy wholesale power cost tracker (WPCT). The board approved a reduction of 75 cents/1,000 kWh to zero out the Southern Indiana Power tracker effective June 1.
8. Seibert provided an update on the FTTH/broadband project with PSC.
9. The CEO report was presented with Seibert reporting the following items:
a. Seibert reported the cooperative continues to monitor local COVID-19 data and follow CDC guidelines.
b. Seibert discussed mask and travel/training restrictions and procedures related to the pandemic.
c. Seibert reported on an RUS draw.
d. Seibert informed the board a new cloud-based phone system has been installed.
e. Seibert reported an electric vehicle supercharger will be installed at Dale in the near future.
f. Seibert reviewed the 2020 property tax report.
g. Seibert provided an AMI update to the board. Approximately 4,500 new meters have been installed at the Rose Hill, Holiday World and Tell City substations.
h. Seibert informed the board the spray crew will begin June 1.
i. Seibert reported the following meeting dates, CFC Forum June 14-16 and Spencer County Chamber annual dinner June 17.
10. Jon Elkins, vice president of safety, training and compliance at IEC, provided annual audiograms on May 25. Seibert advised there were no lost time accidents and no public liability claims to report.
11. A capital credit committee meeting has been scheduled for June 22.
12. An annual meeting committee meeting has been scheduled for July 14.
13. The board approved participation in the NRUCFC Cooperative System Integrity Fund.
14. Director Gary Waninger reported on the Hoosier Energy board meeting held on May 10.
15. The next regularly scheduled board of directors meeting will be Wednesday, June 30.
