MOUNTAIN PARKS ELECTRIC, INC.

Regular Meeting of the Board of Directors

Granby, Colorado

October 12, 2023

8:00 A.M.

Attendance

Present: Liz McIntyre, Mark Volt, Michael Sjobakken, Ryan Zorn, Justin Fosha, Ty Wattenberg, Virginia Harman, Adam Paulson, Angie Wallace, Emily Meek, Joe Palmer, Aaron Street, Jodi King, and Attorney Levi Williamson attended in person. 

Call to Order

President Liz McIntyre called the meeting to order at 8:00 a.m.

Determination of Quorum

A quorum was declared.

Public Comment

Daniela Gosselova, Granby resident, addressed the board regarding her concerns about work done by MPEI on her property.  She is not satisfied with how MPEI restored the vegetation.

CONSENT AGENDA

The Consent Agenda contained the following items:

Minutes of September 14, 2023 Meeting of Board of Directors

Bills for Payment

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

Attorney Report

The Board reviewed the Attorney Summary Fees Report as prepared by Attorney Levi Williamson. There were no questions for Attorney Levi Williamson.

Manager’s Report

Manager Harman referred to her written report. Harman did not have anything else to report. There were no questions for Manager Harman.

Board Open Forum and Association Reports

Mark Volt reported that WUE is still experiencing long lead times on transformers. 

There was no meeting for the CREA Board of Directors. 

Virginia Harman, Liz McIntyre, and Ryan Zorn plan on attending the CREA Energy Innovation Summit October 28 – 30, 2023.

Justin Fosha reported on attending the 5th Quarter at MPHS sponsored by MPEI.

Action Items

2023 CARE program funding

The Board reviewed and approved funding the 2023 CARE program at the February 2023 MPEI Board meeting. This expenditure was not included in the 2023 budget. Manager Harman recommended fulfilling the 2023 commitment out of unclaimed capital credits and approving the same payment in 2024.

MOTION:  It was properly moved, seconded, and carried to approve payment of the 2023 CARE program from unclaimed capital credits. 

MOTION:  It was properly moved, seconded, and carried to approve payment to CARE in 2024 in the same amount as 2023, contingent on CARE reporting to MPEI how funds are spent, and contingent on CARE receiving matching funds.

2024 Annual Meeting date, time, location

Aaron Street presented to the board optional date and location options for the 2024 Annual meeting.

Saturday, April 27, 2024 at the Middle Park High School Auditorium

Saturday, May 11, 2024 at the Middle Park High School Gymnasium

MOTION:  It was properly moved, seconded, and carried to conduct the 2024 Annual Meeting on Saturday, April 27, 2024 at the Middle Park High School Auditorium.

New Business

Compensation Study Report

The Compensation Study report was presented by Ingrid Skrehart with Employer’s Council via teleconference.  She discussed the process of strategic review, job matching, data analysis, and structure evaluation to come to a recommended compensation plan moving forward for the co-op. Discussion ensued amongst board and staff members. Skrehart left the meeting. 

MOTION: It was properly moved, seconded, and carried to go into executive session for legal advice regarding confidentiality of cooperative information with the following present: all directors and staff present at the meeting and attorney Williamson. 

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

The Board did not take action while in executive session.

President McIntyre recessed the meeting at 10:10 a.m. and reconvened the meeting at 10:24 a.m.

2024 Operating Budget

Emily Meek presented the draft 2024 Operating Budget and discussed best practices, key assumptions and approaches used to formulate the budget. All managers were involved in developing the budget. Additional questions from the board should be sent to President Liz McIntyre prior to next month’s meeting. No action was taken.

2024 Capital Budget

Emily Meek presented the draft 2024 Capital Budget for facilities, parking lot, fleet and infrastructure. Additional questions from the board should be sent to President Liz McIntyre prior to next month’s meeting. No action was taken at this time.

President McIntyre recessed the meeting at 12:12 p.m. and reconvened the meeting at 12:37 p.m.

2024 Capital Budget Continued

Emily Meek and Adam Paulson presented the draft construction work plan budget for 2024.

Cost of Service Study

Emily Meek reported that the Cost of Service Study will be presented at next month’s Board meeting.

Electrify Everything

Virginia Harman presented changes to the Electrify Everything program. The board discussed these changes with staff.

MOTION:  It was properly moved, seconded, and carried to approve changes in the Electrify Everything program as presented and to suspend the Electrify Everything program until staff determines it should be renewed. 

Operations and Engineering Report

Adam Paulson presented the Operations and Engineering Report.  MPE has agreed to allow Grand County Sheriff’s Department to place 15 cameras on MPE poles from Winter Park to Kremmling. Employees have been working hard to get as many projects done as possible before winter hits. MPEI will hire a mowing contractor to clear some right-of-way on MPEI’s double circuit line in the Fraser Valley in October. 

Finance Report

Emily Meek presented the Finance Report. Meek reported that, as of August 2023, MPEI’s margins are approximately 63% off budget.  Most of the difference is in revenue and cost of power.  Meek reviewed MPEI’s key financial ratios. 

Information Technology (IT) Report

Joe Palmer presented the IT Report.  Palmer reported that the San Toy Tower was repaired September 25 and 26.  There is a delay in the installation of the two-way repeater at Bull Mountain due to delayed delivery of needed parts to complete the job. Palmer reported on a cyber event that happened at a previous MPEI provider.  Palmer is monitoring this event.

Human Resources, Safety, and Administration Report

Angie Wallace presented the Human Resources and Administration Report.  She reported on the progress of filling open positions. She invited the directors to the October all-employee meeting.  There were no lost time accidents in September.

Member Relations and Communications Report

Aaron Street presented the Member Relations and Communications Report.  Street reported that Summer Survey Results are available for review. He also shared upcoming Coffee with Your Co-Op events. General Manager Harman pointed out the upcoming donation request deadline of October 19, to remind anyone to put requests in prior to that date.   

Old Business

There was no old business to discuss.

Executive Session

MOTION: It was properly moved, seconded, and carried to go into executive session for confidential discussion regarding member energy usage, power supply update, fiber update, New Era update, employee matters, and member comments.  All directors present at the meeting and attorney Williamson were present for the entire executive session.  Virginia Harman was present except during a portion of the session regarding employee matters.  Joe Palmer was present for the discussion regarding member usage. 

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

The Board did not take action during executive session. 

Emergency Business

No emergency business.

The meeting adjourned at 3:30 p.m.