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, March 25, 2024.

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

The invocation was given by Frank Herman 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 Federated Report from the Board;
• REVIEWED, the CFC Report from the Board.

WERE UPDATED, on Federated Capital Credit check.

HEARD, the CRC News update.

HEARD, the NRECA Report.

HEARD, a report by Bob Pierson regarding SIPC as well as the new SIPC CEO.

HEARD, a report by Kevin Logan regarding the AIEC board meeting and Legislative Update.

DISCUSSED, upcoming Board Events and Training including Lobby Day, Legislative Conference, NRECA BLC 984 and CFC Forum/Aces Conference.

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

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

HEARD, the Manager’s Report on Safety including the Quarterly Safety Committee Meeting.

REVIEWED, Monday morning Safety meeting held March 25, 2024.

REVIEWED, the Cybersecurity Report.

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

Youth to Washington Tour;

Annual Meeting Discussion;

Operations Report;

Communications Report;

Upcoming meetings.

APPROVED, sending three students to Washington, D.C., as presented.

DISCUSSED, the Annual Meeting and were informed Bob Pierson, Frank Czyzewski and Evan Smith are up for reelection.

APPROVED, increasing the Annual Meeting bill credit to $15 for registration at the Annual Meeting.

APPROVED, special door prizes for the 80th Annual Meeting including a TV, 8-$80 bill credits, 8-$50 bill credits and 8-$25 bill credits.

DISCUSSED, a policy regarding Board expectations and House bill 5021.

REVIEWED, the Operations Report.

REVIEWED, the Communications Report. 

WERE REMINDED, of upcoming meetings on April 22, 2024 at 7 p.m. and May 28, 2024 at 7 p.m. (moved to Tuesday due to the holiday) and June 24, 2024 at 7 p.m. and July 22, 2024 at 7 p.m. and the Annual Meeting at Oil Belt on Aug. 22, 2024.

There being no further business to come before the Board, said meeting was declared adjourned at 5:15 p.m.