August board meeting notes

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Posted on Oct 11 2026 in Southern Indiana Power

To keep you informed of your cooperative’s operations and activities, the following are highlights of the Aug. 26 board meeting. 

  1. All directors were present, along with CEO Steve Seibert and Administrative Assistant Lisa Hinton.
  2. The July 29 board meeting minutes were reviewed and approved.
  3. The membership certificates were reviewed.
  4. The vouchers were reviewed and approved.
  5. The director’s report was reviewed and approved.
  6. Seibert provided an update on the office construction project.
  7. The CEO report was presented, with Seibert reporting on the following items:
    1. Indiana Electric Cooperative Lineman Rodeo
    2. Apprentice status update
    3. Spray crew complete
    4. Truck updates
    5. Dale area outage
    6. CFC patronage capital report
    7. CFC Medium Term Note conversion
    8. Congressman Messmer meeting
    9. 2027 legislative issues
    10. Fiber project update
    11. Seibert reported the following meeting dates: NRECA Regional Meeting, Sept. 9-11; IEC DC Fly-In, Sept. 16; HEATS graduation, Oct. 23; IEC Annual Meeting, Dec. 7-8.
  8. Eric Truitt, safety and risk management instructor with IEC, conducted worksite traffic control safety training on Aug. 25. Cody Ikerd, regulatory compliance with IEC, submitted a compliance site visit report for his review on Aug. 25. Seibert advised there were no lost-time accidents and no public liability claims to report.
  9. Seibert discussed the Hoosier Energy Wholesale Power Cost Tracker with the board. The board approved a decrease of $0.04 per 1,000 kWh effective Oct. 1.
  10. Director Gary Waninger reported on the Hoosier Energy board meeting held on Aug. 10.
  11. Director Randy Kleaving reported on the IEC board meeting held on Aug. 19. 
  12. Information regarding upcoming directors’ training was provided to the board.
  13. Recommendations from the Wage and Salary Committee were presented by Committee Chairman Dirk Stein and Seibert and approved by the board.
  14. Chairman Jeff Vogel reviewed a thank-you note from Hoosier Heights Country Club. 
  15. The next regularly scheduled board of directors meeting will be held on Wednesday, Sept. 30.