The regular meeting of the Board of Trustees of Clay Electric Co-operative, Inc. (CECI) was held at the Clay Electric Co-operative headquarters in Flora, Illinois, beginning at 7 p.m. on Monday, July 25, 2022.
Trustees present were Bob Pierson, Neil Gould, Bill Croy, Kevin Logan, Richard Rudolphi, Frank Czyzewski, Frank Herman and Josh Schnepper. Also present was Matt Conklin, CEO. Richard Rudolphi was present via conference call. Absent from the meeting was Evan Smith and Attorney Tyra Cycholl. The meeting was opened by Bob Pierson, who presided, and Neil Gould acted as secretary thereof.
The invocation was given by Frank Czyzewski 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 13 applicants connected for service since the last such review by the board, and (b) cancel those 14 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 Federated Report from the Board;
- REVIEWED, the NCSC Report from the Board.
APPROVED, the NRECA 401K and RS Plan Restatement.
APPROVED, the revision of Policy 200-1 to change Budget billing penalties to match the other billing penalties at CECI.
WERE UPDATED, on the CFC Report from the Board.
WERE UPDATED, on the CRC Report from the Board.
WERE UPDATED, on NRECA News and the NRECA Report.
HEARD, a report by Frank Herman regarding SIPC Board Meeting.
WERE UPDATED, On Region 5 meeting in Minneapolis in September.
HEARD and APPROVED, a financial report by Matt Conklin as to the following:
- Monthly Reconciliation;
- SIPC Power Delivered in May 2022;
- May 2022 Cash Flow;
- Line Loss;
- May 2022 Form 7;
- May 2022 Balance Sheet;
REVIEWED the Safety Report for the month of June.
REVIEWED, the Monday morning Safety meeting held July 25, 2022.
HEARD and APPROVED, the Manager’s report by Matt Conklin on the following topics.
- Contractor Update
- Operations Report;
- Communications Report;
- Upcoming meetings.
APPROVED, spending remainder of contractor loan funds for contracts to continue work on Time and Equipment rates.
REVIEWED, the Operations Report.
REVIEWED, the Communications Report.
WERE REMINDED, of upcoming meetings on Aug. 22, 2022, Sept. 26, 2022, Oct. 24, 2022 and Nov. 28, 2022 at 7 p.m. as well as the Annual Meeting on Aug. 25, 2022.
There being no further business to come before the Board, said meeting was declared adjourned at 8:35 p.m.