April board meeting notes

Posted on Jun 04 2023 in Southern Indiana Power

In an effort to keep you informed of your cooperative’s operations and activities, the following are highlights of the April 26 board meeting.

  1. All directors were present. Also present were CEO Steve Seibert, Administrative Assistant Lisa Hinton and Manager of Engineering Todd Hammond.
  2. The first item of business was the reorganization of the board. Director Jeff Vogel was re-elected chairman of the board, Director Gary Waninger was re-elected vice-chairman and Director Dirk Stein was re-elected secretary/treasurer.
  3. The April 26, 2023, board meeting agenda was approved.
  4. Hammond gave an informative update of the engineering department projects.
  5. The March 29, 2023, board meeting minutes were reviewed and approved.
  6. The membership certificates were reviewed.
  7. The vouchers were reviewed and approved.
  8. The January, February and March financials were reviewed and approved.
  9. Seibert provided an update on the FTTH/broadband project with PSC.
  10. The CEO report was presented with Seibert reporting the following items:
    • Seibert reviewed the RUS 2022 Form 7.
    • Seibert discussed a member’s solar account.
    • Seibert reported the IEC Guatemala trip is scheduled for April 27-May 13.
    • Seibert reported the following meeting dates: Southern Indiana Power/PSC gathering, May 24; ACES Member Conference, June 1-2; Cooperatives One meeting, June 6; CFC Forum, June 19-21; Co-Bank Directors Conference, July 24-26; and the IEC Directors Retreat, July 29-30.
  11. The 2023 Southern Indiana Power Annual Meeting was reviewed. The board approved Tuesday, April 16, as the 2024 annual meeting date.
  12. The April safety meeting is scheduled for April 27. Seibert advised there were no lost time accidents, and no public liability claims to report.
  13. The board approved 2022 capital credit allocations as presented by Seibert.
  14. Office/IT Manager Karen Mangum was appointed assistant secretary/treasurer to the board of directors for 2023.
  15. The board approved Operation Round Up board of trustee nominations of Ed Denning, Gary Waninger and Amy Ramsey. Each will serve a three-year term.
  16. Director Kleaving reported on the IEC board meeting held April 13.
  17. Director Knieriem reported on the Hoosier Energy Annual Meeting held April 5.
  18. Seibert reported on the NRECA Legislative Conference held April 17-19.
  19. The next regularly scheduled board of directors meeting will be Wednesday, May 31.