Minutes of the Board of Trustees Meeting - February 21, 2020
The regular meeting of the Board of Trustees of Clay Electric Co-operative, Inc. (CECI) was held at the Clay Electric Co-operative Headquarters, Flora, Illinois beginning at 1:00 o’clock p.m. on Friday, Feb. 21, 2020.
Trustees present were: Kevin Logan, Bill Croy, Frank Czyzewski, Bob Pierson, Richard Rudolphi, Neil Gould, Danny Schnepper, Greg Smith, and Frank Herman. Also present were: Luke Johnson, CEO, and Tyra Cycholl, Attorney for the Board. The meeting was opened by Bob Pierson, who presided and Greg Smith, acted as secretary thereof.
The pledge of allegiance was recited followed by the invocation, given by Neil Gould.
The following proceedings were had [all action being first duly moved and seconded, and all action taken being upon the unanimous vote of the Board or without dissenting vote of abstention unless otherwise stated]:
APPROVED, the Suggested Agenda.
APPROVED, the Consent Agenda including the following:
APPROVED, the prior meeting minutes.
APPROVED, (a) to admit to membership those 12 applicants connected for service since the last such review by the board, and (b) cancel those 11 former members shown on the Manager’s Report since the last such review by the Board, said members no longer taking service;
APPROVED, the Work Orders;
APPROVED, the Disbursements;
APPROVED, the Credit Card Statements;
REVIEWED, the Attorney Retainer;
REVIEWED, the Account Summary Report;
REVIEWED, the Insurance Certificates;
REVIEWED, the February Compliance Exchange.
APPROVED, the Deceased Estates
REVIEWED and DISCUSSED, the line extension policy.
APPROVED, the CFC Quarterly Loan Payment.
REVIEWED, the NRECA Annual Meeting Notice.
HEARD, a report by Frank Herman regarding the SIPC Meeting and Strategic Planning.
HEARD, a report by Kevin Logan regarding the AIEC Meeting.
WERE REMINDED of the Lobby Day in Springfield March 18.
WERE REMINDED, of the Aces Conference May 28-29, 2020.
WERE REMINDED, of the Legislative Conference April 28-29, 2020.
At 1:29 p.m. APPROVED, entering into Executive Session.
At 1:48 p.m., APPROVED, exiting Executive Session and returning to Open Session.
HEARD and APPROVED, a financial report by Luke Johnson as to the following:
January 2019 Form 7;
January 2019 Balance Sheet;
January 2019 Cash Flow;
SIPC Power Delivered in January 2020 dated Feb. 7, 2020;
December Line Loss;
Clay Electric Usage;
HEARD, a Safety Report for the month of February.
REVIEWED, the Monday morning safety meeting sheet dated Feb. 17, 2020.
HEARD and APPROVED, the Manager’s report by Luke Johnson on the following topics.
Cost of Service Study;
REVIEWED and DISCUSSED, the Cost of Service Study.
REVIEWED, the Operations Report.
REVIEWED, the Communications Report. WERE INFORMED, we are sending eight students to Springfield and three to Washington, D.C.
REVIEWED, the Rate 151 Explanation Handout.
WERE REMINDED, of upcoming meetings on March 23, 2020 at 7 p.m., May 4, 2020, and May 26, 2020 at 7 p.m. in the Clay board room.
There being no further business to come before the board, said meeting was declared adjourned at 2:40 p.m.