July board meeting highlights

To provide additional transparency to the membership, highlights of the board meetings each month are published in Ohio Cooperative Living (OCL) magazine. Due to the expansive number of topics and discussions, these are only the highlights. In accordance with the Code of Regulations, full meeting minutes are available to all members in-person at the co-op during regular business hours.

Call to Order

• Meeting was called to order at 6:12 p.m.

Attendance

• All directors were present, as well as legal counsel, President/CEO, and senior staff (or representative).

Approval of the Consent Agenda

• Approved consent agenda consisting of prior meeting minutes, new members, collection report, delinquent graph, deceased estates, and outage reports.

Action Items

• Safety reports, 219 work order inventories, Personnel Policy PP306, Hazard Communications approved as presented.

• A motion was made and seconded to approve the CFC Building Load with updated resolution and name change in CFO.

Departmental Reports

• Monthly Financial, Operations, Key Accounts/ Economic Development, Communications, IT, weekly report, and Billing department reports reviewed.

• President/CEO VanHoose reported on Form 7 Operating Statement, Balance Sheet, Cash Flow, Operating Graph, and Financial Analysis. He also provided Quarterly Power Cost Tracking data and graphs and the NCE Billing Departmental Report. He also covered the Monthly Management Weekly Update Reports and briefed the Board about the July USS Annual Board Meeting that was held on July 17, 2023.

• HR Brown reviewed Personnel Policies 300, 301, 302, 303, and 304 with no recommended changes.

Legal

• NRECA Legal Reporting Service Bulletins reviewed.

Association/Committee Reports

• Reviewed NRECA June 2023 report.

• Reviewed CFC Solutions news bulletin.

Board Training

• Reviewed 2023 CFC Forum meeting.

Adjournment

• The meeting adjourned at 7:39 p.m.