CENTRAL RURAL ELECTRIC COOPERATIVE
June 2, 2011 Board Meeting Summary
The Regular Meeting of the CREC Board of Trustees was held June 2, 2011.
DEPARTMENT REPORTS
The following department reports were provided.
• Member Service Report
• Engineering and Operations
• Corporate Development
• Safety
• Finance
CEO REPORT
David Swank reviewed:
• Service Pillar Study-Building an Analytical Culture
• Balanced Scorecard
• SES Business Plan Review
• MySource Update
• Right-Of-Way
• Storm Damage
o June 24 storm damage costs of over $121,000, including the loss of 30 poles.
• Photos of the remnants of transformer thefts.
COMMITTEE ASSIGNMENTS
Chairman McCune presented committee assignments as follows:
• Executive Committee
Gary McCune, chairman
James Williams
C.D. Mihura
Len Tontz, past chair
• Audit Committee
C.D. Mihura, chairman
Raymond Nettles
Dale Weathers
• Grassroots Committee
Clyde Habben, chairman
R.A. Stults
Bill Davis
PATRONAGE CAPITAL ALLOCATION APPROVAL
Patronage capital allocations were approved.
WORK PLAN AMENDMENT (SYSTEM IMPROVEMENT)
Work plan amendment for system improvements converting 3.75 miles of 30 to 477 MCM ACSR which will permit load to shift from the Stroud substation to the Warwick substation was approved.
KAMO REPORT
Raymond Nettles included the following from the recent KAMO Board Meeting report:
• Power delivery rankings
• Transformer replacement costs