CENTRAL RURAL ELECTRIC COOPERATIVE
Summary of March 3, 2011 Board Meeting
The Regular Meeting of the CREC Board of Trustees was held March 3, 2011.
DEPARTMENT REPORTS
The following reports were provided pursuant to the consent agenda, reviewed by the Board of Trustees and the receipt of the report was acknowledged:
• Connect and Disconnect
• Engineering and Operations
• Corporate Development
• Safety
• Finance
CEO REPORT
David Swank reviewed:
• CREC development of products for MySource
• Smart Energy Source
ENTERPRISE RISK MANAGEMENT SESSION TWO OF TWO
The Board of Trustees reviewed the second part of the Enterprise Risk Management assessments consisting of the Environment Risk and Process Risk reports.
MEMBER RELATIONS/GRASSROOTS COMMITTEE REPORT
Ambassador participation and appointments were reviewed.
ANNUAL MEETING SURVEY REVIEW
A member survey will be included in the gift bag given to members at annual meeting registration. It will include questions to determine member satisfaction.
OAEC REPORT
Gary McCune presented the OAEC Report to the Board of Trustees including:
• OAEC officers election
• At large standing elections
• Resolution to repair the office building
• Guest speaker Bob Anthony
KAMO REPORT
Raymond Nettles presented the March KAMO Report to the Board of Trustees including:
• KAMO variance report
• Year-end financial highlights
• Copper theft
• Osage Wind Farm
• Lamar 161/69 kV Station
• AECI generation mix
• AECI coal storage
• Hydro power
• Gas and coal production