MOUNTAIN PARKS ELECTRIC, INC.

Regular Meeting of the Board of Directors

Granby, Colorado

April 10, 2025

8:00 A.M.

 

Attendance

Present: Justin Fosha, Ty Wattenberg, Mark Volt, Cray Healy, Ryan Zorn, Aaron Street, Virginia Harman, Adam Paulson, Jodi King, Joe Palmer, Eric Jones, Bethany Fichter, Sue Henderson, Angie Wallace, Attorney Levi Williamson, Bryan Hannegan, Holy Cross Energy, and Patrick Brower, Grand and Jackson Enterprise Initiative, attended in person. Liz McIntyre and Mike Sjobakken attended remotely.

Call to Order

Vice President Justin Fosha called the meeting to order at 8:00 a.m.

Determination of Quorum

A quorum was declared.

Public Comment

Patrick Brower, Grand and Jackson Enterprise Initiative, gave an update on the program.

Brower exited the meeting.

CONSENT AGENDA

The Consent Agenda contained the following items:

Minutes of March 13, 2025, Meeting of the Board of Directors

Bills for Payment

MOTION: It was properly moved, seconded, and carried to approve the Consent Agenda as presented.

Operations Report

Adam Paulson presented the Operations Report. Paulson reported on the RESAP that took place earlier in the week through CREA. A detailed report will be presented at the May board meeting. Additionally, Paulson reported that a Federated audit also took place earlier in the week and went well. Paulson reported on outages from heavy, wet snow, and ski lifts going down. Discussion took place.

Engineering Report

Sue Henderson presented the Engineering Report. Henderson reported that the yearly contractor meeting will take place on April 23, 2025. Henderson further reported that the BASA agreement was executed, and a contract with Tri-State has been executed for operating reserves. MPE currently has two sets of meters. Engineering is working on switching over to the use of MPE’s meters from Tri-Sate, and it is going well.

Finance Report

Eric Jones presented the Finance Report. Jones reported that controllable department spending is under budget, MPE’s cash position looks healthy, and there has been little capital budget spending, which will trend higher as construction season begins. Jones further reported that MPE is waiting on another quote for the warehouse boiler replacement.

Randy Robbins, with Bolingers, Segars, Gilbert & Moss, joined the meeting remotely at 8:50 a.m. to present the final audit. Robbins went through and reviewed the audit and the SAS114 letter. MPE received a clean audit. MPE will have a single audit due to grants in May.

Everyone except the directors and Robbins left the meeting at 9:13 a.m. for the board to address Robbins and ask questions.

Staff re-entered the meeting at 9:28 a.m.

MOTION: It was properly moved, seconded and carried to accept the audit as presented.

Information Technology (IT) Report

Joe Palmer presented the Information Technology Report. Palmer reported on a cyber incident. There is no indication of compromise for MPE.

Human Resources, Safety, and Administration Report

Angela Wallace presented the Human Resources, Safety, and Administration Report. Wallace reported on RESAP and the meetings that took place. MPE will be able to compare results from years past.

Member Relations and Communications Report

Aaron Street presented the Member Relations and Communications Report. Street provided a grant update. New ERA funds have been unfrozen, and MPE is moving ahead with the community benefits plan that was approved. Additionally, Street provided an update on preparations for the April 26 Annual Meeting.  He asked for volunteers to cover the topic tables. Street reported that there are now 13 participants in the Boost program.

Discussion Items

Clean Energy Planning

Bryan Hannegan, Holy Cross Energy, presented information titled Clean Energy Planning. Discussion took place.

Construction Work Plan

Adam Paulson presented the projects planned for the 2025 construction work plan. The DHSEM project will be closing out phase 1 and starting phase 2 in July.

Potential Topics for Future Board Education Session

Vice President, Justin Fosha, presented the potential topics for future board education sessions. Discussion took place. Directors will send any other suggested topics to President Liz McIntyre, and the directors will rank the topics at the May meeting.

Bryan Hannegan left the meeting at 11:38 a.m.

Vice President Justin Fosha recessed the meeting at 11:38 a.m. and reconvened the meeting at 12:22 p.m.

Kim Smith entered the meeting at 12:22 p.m.

Action Items

Tariff 202.08 Transmission Level Service with WAPA Allocations Revision

Virginia Harman presented Tariff 202.08, Transmission Level Service with WAPA Allocations. Discussion took place.

MOTION: It was properly moved, seconded, and carried to adopt the Tariff 202.08 Transmission Level Service with WAPA Allocations revision as presented.

Tariff 302 Revision

Virginia Harman presented revised Tariff 302. Kim Smith and Jodi King spoke about revisions made to the tariff. Discussion took place.

MOTION: It was properly moved, seconded, and carried to adopt Tariff 302.00-302.07 as presented.

Tariff Section 3, Part 3, Disconnection of Service Revision

Virginia Harman presented proposed revisions to Tariff Sections 350 and 351, Notice of Disconnection of Service. Kim Smith and Jodi King spoke about revisions made to the tariff. Discussion took place.

MOTION: It was properly moved, seconded, and carried to adopt Tariff 350 and 351 as presented.

Budget Amendments

Adam Paulson presented a budget amendment for drone monitoring that will begin in June. Discussion took place.

MOTION: It was properly moved, seconded, and carried to approve the drone monitoring budget amendment as presented.

Adam Paulson presented a budget amendment for the Vasquez rebuild that will resume this coming construction season. Discussion took place.

MOTION: It was properly moved, seconded, and carried to approve the Vasquez rebuild budget amendment as presented.

Sue Henderson presented a budget amendment for operating reserves with Tri-State. Discussion took place.

MOTION: It was properly moved, seconded, and carried to approve the operating reserves budget amendment as presented.

Scholarship Awards

Aaron Street presented the scholarship awards and informed the Board of Directors that the committee would not be meeting until April 11, 2025, to decide on award scholarship recommendations. Discussion took place.

MOTION: It was properly moved, seconded, and carried to authorize staff to award scholarships based on the award scholarship committee recommendations.

Attorney Report

Attorney Levi Williamson referred to his written report and had nothing to add.

CEO’s Report

CEO Harman referred to her written report and had nothing to add.

Board Open Forum, Committee Reports, Association Reports

No committees met.

Mark Volt reported that he will be attending a Western United meeting on April 24, 2025.

Ryan Zorn reported that CREA is actively pursuing a new building to move their office location to.

Cray Healy reported on the EV training he took in March.

Ty Wattenberg inquired on MPE’s position on HB1292. Virginia will get information on this.

Upcoming Events

There were no upcoming events.

Old Business

There was no old business.

Staff left the meeting at 1:07 p.m.

Executive Session

MOTION: It was properly moved, seconded, and carried to enter executive session at 1:07 p.m. for confidential discussion regarding legislative and employee matters with the following present: Harman and Williamson were present for the discussion regarding legislative matters; all directors present at the meeting were present for the entire executive session.   

MOTION: It was properly moved, seconded, and carried to exit executive session. 

The meeting adjourned at 2:08 p.m.