CENTRAL RURAL ELECTRIC COOPERATIVE
July 7, 2011 Board Meeting Summary
The Regular Meeting of the CREC Board of Trustees was held July 7, 2011.
DEPARTMENT REPORTS
The following department reports were provided:
• Member Service Report
• Engineering and Operations Report
• Corporate Development Report
• Safety Report
• Finance Report
CEO REPORT
David Swank also reviewed:
• Quality Pillar study-Mastering the Management System
• System peak
• Devon Energy
• New Dominion (easements)
• Balanced Scorecard
• Operational Plans
• SES Business Plan Update
• MySource Update
• Interconnection Agreement/Terms and Conditions
CFC FORUM REVIEW
Len Tontz, Raymond Nettles, Gary McCune and C.D. Mihura reviewed the CFC Forum which they had recently attended. The speakers and subjects included: Erskine Bowles, America’s Deficit Crisis; Bill Bradley and Jeb Bush, national and global issues; House Majority Leader Dick Gephardt, America's Energy Future: A Time of Challenges, Uncertainty and Opportunities; Jim Collins, author of Good to Great; Clair Goddard, Paul Lorenzini, Tom Smith and Alan Spen, nuclear power panel; Leonard Brody and lastly Aron Ralston, a motivational speaker.
ASSOCIATED ELECTRIC COOPERATIVE ANNUAL MEETING
The AECI Annual Meeting was reviewed. Glenn English, CEO, National Rural Electric
Cooperative Association, provided a status report on critical issues facing cooperatives, Frank I. Luntz, Ph.D., author of a New York Times best-seller Words That Work: It’s Not What You Say, It’s What People Hear and political pundit, offered insights into current political issues and their impact on the electric utility industry and AECI industry reports.
NRECA REGIONAL MEETING VOTING DELEGATES
James Williams was elected to serve as voting delegate and David Swank serve as alternate to NRECA, CFC- and Federated meetings at the NRECA Regional Meeting. Bill Davis was elected to serve as delegate and David Swank as alternate to NCSC, NISC and NRTC at the NRECA Regional Meeting
WAGE AND SALARY PLAN
The Wage and Salary Plan, including the timeline, wage and salary plan process and employee complement, was presented for review to the Board of Trustees for their review.
CALL CENTER
Call center changes were presented that would improve CREC’s member service.
OAEC REPORT
Gary McCune presented the OAEC report noting that the OAEC meeting was held when many OAEC members were attending the CFC Forum. He also shared the following:
• Safety Task Force had met in June and will meet again in August
• FEMA declarations and payments were updated by Sid Sperry
• Oklahoma Living Magazine will soon be available in digital form
• Legislative update was given by Kenny Sparks
• Assessment fee to fund OAEC roof replacement was passed with 26 yes votes and 3 no votes of those in attendance.
KAMO REPORT
Raymond Nettles discussed the following from the recent KAMO Board Meeting:
• Financial Report
• Engineering and Operations Report