MOUNTAIN PARKS ELECTRIC, INC.
Regular Meeting of the Board of Directors
Granby, Colorado
April 09, 2026
8:00 A.M.
Attendance
Present: Liz McIntyre, Cray Healy, Mark Volt, Ty Wattenberg, Justin Fosha, Virginia Harman, Joe Palmer, Jodi King, Wade Pynes, Adam Paulson, Aaron Street, Sue Henderson, Eric Jones, Angie Wallace, Megan Moore-Kemp, Abbey Brower with Williamson, Lowery, Fredregill, and Bryson Fredregill attended in person. Michael Sjobakken and Ryan Zorn attended virtually.
Call to Order
President Liz McIntyre called the meeting to order at 7:59 a.m.
Determination of Quorum
A quorum was declared.
Public Comment
Sam and Karen Naill, Kremmling, addressed the board on the discontinuance of the ETS rate. The Naill’s expressed their objections regarding the discontinuance.
Lyndsey Stuerman, Ann Binkley, and Andy Radzavich, of Middle Park Health, addressed the board on the Sexual Assault Nurse Examiner program request for UCC funding. Jamie Jensen attended virtually.
Sam and Karen Naill, Stuerman, Binkley, Radzavich, and Jensen exited the meeting
President McIntyre recessed the meeting at 9:02 a.m. and reconvened the meeting at 9:08 a.m.
CONSENT AGENDA
The Consent Agenda contained the following items:
Minutes of March 12, 2026, Meeting of the Board of Directors
Bills for Payment
MOTION: It was properly moved, seconded, and carried to approve the consent agenda as presented.
New Business
Discussion Items
Strategic Planning – Electricity Price Trends
The Board reviewed and discussed the Lawrence Berkeley National Laboratory and The Brattle Group authored report, Factors Influencing Recent Trends in Retail Electricity Prices in the United States. The Board reviewed findings regarding primary drivers of state-level retail electricity price from 2019 to 2024.
Action Items
David Copeland, Bolinger, Segards, Gilbert & Moss, L.L.P., joined the meeting at 9:26 a.m.
Audit Report
David Copeland presented the draft SAS 114 letter and discussed the recommended adjustments.
MOTION: It was properly moved, seconded, and carried to enter into executive session for discussion of the audit. All directors present at the meeting, Attorney Fredregill, Attorney Brower, and David Copeland were present for the entire executive session. Director Zorn exited the meeting during such executive session at 9:58 a.m.
MOTION: It was properly moved, seconded, and carried to exit executive session.
Staff rejoined the meeting.
Copeland presented the Audit Engagement letter for 2026 and discussed the need for a single audit due to the anticipated receipt of grant funds. Eric Jones reviewed the engagement letter with the Board.
MOTION: It was properly moved, seconded, and carried to approve the audit engagement letter as presented.
Tri-State Patronage Treatment
Eric Jones presented Resolution MPE-26-003, regarding treatment of Tri-State Patronage Capital. Jones explained alternate options for treatment of the patronage capital, including retention as a regulatory asset and write-off. David Copeland discussed the options from an audit perspective. Discussion took place.
MOTION: It was properly moved, seconded, and carried by a majority to adopt Resolution MPE-26-003 Mountain Parks Electric, Inc. Resolution of the Board of Directors: Authorizing Retention of TSGT Patronage Capital as a Regulatory Asset as presented. Five voted in favor.
Copeland left the meeting at 10:40 a.m.
New Era Resolution
Virginia Harman presented the New Era Resolution MPE-26-002, and explained that the resolution is to grant authority to MPE officers to negotiate, finalize, and submit RUS documents on behalf of MPE.
MOTION: It was properly moved, seconded, and carried to approve Resolution MPE-26-002 as presented.
RUS Form 674 Certificate of Authority
Eric Jones presented the RUS Form 674, Certificate of Authority and Resolution MPE-26-004. He explained the resolution authorizes Jones to certify and submit requested data and administer MPE access for the USDA Rural Development Data Collection System.
MOTION: It was properly moved, seconded, and carried to approve Resolution MPE-26-004 as presented.
CoBank Incumbency Certificate
Virginia Harman presented the CoBank Incumbency Certificate and explained that there is an error on the original certificate with CoBank.
MOTION: It was properly moved, seconded, and carried to adopt the CoBank Incumbency Certificate as presented.
CREA Delegate
President McIntyre presented the CREA Designated Delegate form indicating the appointment of Ryan Zorn as CREA delegate and Cray Healy as alternate.
MOTION: It was properly moved, seconded, and carried to appoint Ryan Zorn as delegate and Cray Healy as alternate for CREA.
Policy C8 – Member Privacy and Confidentiality
Aaron Street presented a revised Policy C8. Discussion took place.
MOTION: It was properly moved, seconded and carried to adopt Policy C8 as presented.
Scholarship Awards
Aaron Street presented the scholarship awards and the scholarship committee’s recommendations. Discussion took place.
MOTION: It was properly moved, seconded and carried to adopt the scholarship award recommendations as presented.
President McIntyre recessed the meeting at 11:02 a.m. and reconvened the meeting at 11:14 a.m.
Department Reports
Operations Report
Adam Paulson presented the Operations Report. Paulson reported that the second Pano wildfire detection camera has been installed prior to fire season and is operational. The Line Crew continues to make progress on the poles identified for replacement in North Park. Paulson reported on the fiber backbone in North Park and changes that will need to be made to prevent future damage. Additionally, Paulson highlighted MPE’s provision of aid pursuant to MPE’s mutual aid agreement with Carbon Power. He reported on MPE’s professionalism and support in providing assistance.
Engineering Report
Sue Henderson presented the Engineering Report. Henderson highlighted the partnership with Thomas Johnson from Grand County to enhance Eagleview Pictometry designs and GIS processes.
Finance Report
Information Technology (IT) Report
Joe Palmer presented the Information Technology Report. Palmer reported that Call to Order is now available via the web and is being tested out by a few employees. IT will reach out to those who have annotations to migrate to the web version. The app-based version will sunset in December of this year.
Human Resources, Safety, and Administration Report
Angie Wallace presented the Human Resources, Safety, and Administration Report and had no additions to her report. Discussion took place on accidents, incidents, and near misses.
Member Relations and Communications Report
Aaron Street presented the Member Relations and Communications Report. Street provided an update on grants and reported that MPE had to withdraw due to not qualifying from congressionally directed spending funding. He continued to report on a meeting with Conexon to provide communications to members. Additionally, Street provided an update on the 2026 Annual Meeting of the Members.
Board Open Forum, Committee Reports, Association Reports
There were no committee reports.
Mark Volt reported there is a Western United meeting on April 22, 2026.
Ryan Zorn entered the meeting.
Ryan Zorn was not able to attend the CREA Board meeting. Virginia Harman attended in his absence and gave an update on legislative matters.
Upcoming Events
The Board discussed the NRECA Summer School session, June 26 – 30, 2026. The hotel deadline is June 05, 2026.
The Board discussed the Colorado Energy Summit, June 18 – 19, 2026.
The Board discussed scheduling an Organizational meeting on May 2, 2026, following the 2026 Annual Meeting of the Members.
Old Business
2025 Bad Debt Write-off
Eric Jones presented the 2025 bad debt write-off and asked the Board to approve the write off amount of up to $55,049.55. Discussion took place.
MOTION: It was properly moved, seconded, and carried to approve the 2025 bad debt write-off of up to $55,049.55.
Ratify CREA Delegate
President McIntyre reported that direction was given between regularly schedule board meetings to appoint Virginia Harman as the CREA delegate for the March CREA Board meeting.
MOTION: It was properly moved, seconded, and carried to ratify the appointment of Virginia Harman MPEI’s delegate for the March 2026 CREA Board of Directors meeting.
UCC Request – Middle Park Medical Foundation
MOTION: It was properly moved, seconded, and carried to enter into executive session at 11:51 a.m. for confidential and privileged discussion regarding the Middle Park Medical Foundation UCC Request with the following present: all directors present at the meeting, Harman, Street, Brower, and Fredregill present for all of such executive session.
MOTION: It was properly moved, seconded, and carried to exit executive session at 12:01 p.m.
MOTION: It was properly moved, seconded, and carried to approve funding the Middle Park Medical Foundation SANE program with $25,000.00 from the UCC Fund.
Attorney Report
Attorney Bryson Fredregill referred to his written report and had nothing to add.
CEO’s Report
CEO Harman referred to her report.
President McIntyre recessed the meeting at 12:02 p.m. and reconvened at 12:35 p.m.
Executive Session
MOTION: It was properly moved, seconded, and carried to enter into executive session at 12:36 p.m. for confidential and privileged discussion regarding power supply, legal matters, and employee matters with the following present: all directors present at the meeting, Harman, Brower, and Fredregill present for all of such executive session. Pynes was present for the portion of executive session where power supply and legal matters were discussed. Jones was present for the portion of executive session where power supply was discussed. Wallace entered the meeting for the portion of executive session where employee matters was discussed.
MOTION: It was properly moved, seconded, and carried to exit executive session at 3:18 p.m.
The meeting adjourned at 3:19 p.m.