Central Texas Electric Cooperative
January 16, 2024
Regular Board Meeting Recap
Meeting called to order and prayer offered.
- Approved – Minutes of the Regular Board Meeting Held January 16, 2024
- Approved – January 9, 2024 – February 5, 2024 Membership List and Membership Conversions
- Reviewed – Human Resources Report
- Reviewed – Member Services Report
- Reviewed – Engineering Report
- Reviewed – Operations Report
- Reviewed – Information Technology Report
- Reviewed – CTEC Property & Liability Insurance Renewals for June 1, 2024 – June 1, 2025
- Reviewed – Financial & Statistical Reports for Year Ended December 31, 2023
- Approved – Resolution to Amend CTEC Policy Number 7, Access to the Safety Deposit Box
- Approved – Resolution to Amend CTEC Policy Number 8, Authorization of Signatures
- Approved – Authorization for Fleet Purchase
- Reviewed – IRS Form 990 Questionnaire
- Reviewed – Cost of Service Study Update
- Discussed – Potential Changes to ERCOT Collateral Values & Operating Collateral Deposit
- Reviewed – Power Cost Update
- Reviewed – Safety Report
- Reviewed – Board Policy No. 3.1, Director Duties & Standards of Conduct
- Reviewed – Board Policy No. 17.0, Guidelines Establishing Board Committee
Meeting adjourned.
The summary above is provided so that members can follow the activities of the board, and is not intended to be exhaustive. Should you wish to know more detail on a particular item or items, please contact a director or the CEO’s office.