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 3:30 p.m. on Monday, Nov. 25, 2024.

Trustees present were Bob Pierson, Bill Croy, Kevin Logan, Frank Herman, Frank Czyzewski, Richard Rudolphi, Josh Schnepper and Neil Gould. Also present were Matt Conklin, CEO, and Tyra Cycholl, Attorney for the Board. The meeting was opened by Bob Pierson, who presided, and Neil Gould acted as secretary thereof. Evan Smith was absent.

The invocation was given by Kevin Logan 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.

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;
• REVIEWED, the CFC Report from the Board;
• REVIEWED, the CRC Report from the Board.

APPROVED, the SIPC waiver for Rate Increase.

REVIEWED, the CFC Quarterly Loan Payment.

REVIEWED and DISCUSSED, the 2025 Budget including:

• SIPC Power Cost;
• Capital Credits;
• Advertising and Donations;
• Capital Items;
• 2025 Budget.

HEARD, a report by Bob Pierson regarding SIPC.

HEARD, a report by Kevin Logan regarding AIEC meeting.

HEARD, a report by Matt Conklin regarding AIEC managers’ meeting and Solar Updates.

WERE INFORMED, of upcoming training opportunities.

HEARD and APPROVED, a financial report by Matt Conklin as to the following:

• Monthly Reconciliation;
• SIPC Power Delivered in October 2024;
• October 2024 Cash Flow;
• Line Loss;
• October 2024 Form 7;
• October 2024 Balance Sheet.

HEARD, the Manager’s Report on Safety.

REVIEWED, Monday Morning Safety meeting held Nov. 25, 2024.

REVIEWED, the Cybersecurity Report.

HEARD and APPROVED, the Manager’s Report by Matt Conklin on the following topics:

• Invenergy Agreement;
• Matt Conklin CCD Certificate;
• Strategic Plan Update;
• Operations Report;
• Communications Report;
• Upcoming meetings.

WERE INFORMED, the Invenergy Agreement with the Solar Farm has been signed.

WERE INFORMED, Matt Conklin has received his CCD Certificate.

REVIEWED, the Strategic Plan update.

REVIEWED, the Operations Report.

REVIEWED, the Communications Report.  

WERE REMINDED, of upcoming meetings on Dec. 20, 2024 at 3:30 p.m., Jan. 27, 2025 at 3:30 p.m., Feb. 24, 2025 at 3:30 p.m. and March 24, 2025 at 3:30 p.m.

WERE REMINDED, the Christmas party is Dec. 20, 2024 at 6 p.m.

REVIEWED, thank you note from member Jeff Crain regarding the tree trimming crew.

There being no further business to come before the Board, said meeting was declared adjourned at 5:30 p.m.