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, Ill., beginning at 6:54 p.m. on Tuesday, May 27, 2025.
Trustees present were Bob Pierson, Neil Gould, Bill Croy, Kevin Logan, Frank Herman, Frank Czyzewski, Richard Rudolphi, Evan Smith and Josh Schnepper. Also present were Matt Conklin, CEO, and Attorney for the Board Tyra Cycholl. The meeting was opened by Bob Pierson, who presided, and Neil Gould acted as secretary thereof.
The invocation was given by Josh Schnepper, and was followed by the Pledge of Allegiance.
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.
HEARD, the Manager’s Report on Safety including:
- The Monthly Safety Report;
- Monday Morning Safety meeting held May 27, 2025;
- The Upcoming Safety Committee Meeting.
APPROVED, the Consent Agenda including the following:
- APPROVED, the prior meeting minutes;
- APPROVED, (a) to admit to membership those applicants connected for service since the last such review by the board, and (b) cancel those former members shown on the Manager’s Report since the last such review by the Board, said members no longer taking service.
REVIEWED, the Consent Agenda including the following:
- REVIEWED, the Work Orders;
- REVIEWED, the Disbursements;
- REVIEWED, the Credit Card Statements;
- REVIEWED, the Attorney Retainer;
- REVIEWED, the Account Summary Report.
OPENED, the ten sealed bids for the trailer.
APPROVED, the bid of high bid.
APPROVED, the retirement of capital credits for a member.
At 7:08 p.m., approved going into executive session.
At 8:01 p.m., approved exiting executive session and returning to the regular meeting.
REVIEWED and APPROVED, policy revision to Policies 200-8 and policy reviews to Policies 200-9, 200-10, 200-11, 200-12 and 200-13.
REVIEWED and DISCUSSED, the Cost-of-Service study and revised revenue requirement.
DISCUSSED, CFC Mail Ballot and Bylaw changes.
UPDATED, on Federated member issues.
UPDATED, on CRC member issues.
UPDATED, on NRECA issues.
HEARD, a report by Bob Pierson regarding SIPC, Voices for Cooperative Power and Illinois Pollution Control Board.
HEARD, a report by Kevin Logan regarding the AIEC board meeting for the month.
DISCUSSED, upcoming Board Training and Events including:
- AIEC Annual Meeting.
HEARD and APPROVED, a financial report by Matt Conklin as to the following:
- Monthly Reconciliation;
- SIPC Power Delivered in April 2025;
- April 2025 Cash Flow;
- Line Loss;
- April 2025 Form 7;
- April 2025 Balance Sheet.
REVIEWED, the Cybersecurity Report.
HEARD and APPROVED, the Manager’s Report by Matt Conklin on the following topics:
- Vehicle Incident;
- Staff Continuing Education;
- Bitcoin Mining inquiry;
- Operation Report;
- Communications Report;
- Upcoming meetings.
DISCUSSED, a Vehicle incident and reviewed pictures of the same.
REVIEWED, the completion of Continuing Education classes for a staff member.
DISCUSSED, Bitcoin Mining inquiry.
REVIEWED, the Operations Report.
REVIEWED, the Communications Report.
WERE REMINDED, of upcoming meetings on June 23, 2025, at 7 p.m., July 28, 2025, at 7 p.m., August 25, 2025, at 7 p.m., and September 22, 2025, at 7 p.m., and the annual meeting Aug. 21, 2025 at 5 p.m.
There being no further business to come before the Board, said meeting was declared adjourned at 9:25 p.m.