The regular meeting of the Board of Directors of Nolin RECC was held at 9:00 a.m., Thursday, December 14, 2023, at the office of the cooperative. The following is a summary of the meeting activities. The agenda, minutes of the November 16, 2023, meeting, new and terminated memberships and the monthly safety and compliance report were approved.
- Greg Lee reported on key topics and gave an industry update.
- The Monthly Financial Statements and Reports for October 2023 were reviewed and approved.
- The System Operations report for October 2023 was presented. Operations at Fort Knox were also reviewed.
- The Corporate Services Report for October 2023 was presented and reviewed.
- The Human Resources Report for November 2023 was presented and reviewed.
- The Information Technology report for November 2023 was presented and reviewed.
- Linda Grimes updated the board on Kentucky Electric Cooperatives.
- Rick Thomas updated the board on East Kentucky Power Cooperative.
- The Communications, Member Programs and Safety reports were reviewed.
- Inventories of work orders for June 2022, July 2022, August 2022, September 2022, October 2022, November 2022 and Special Equipment for October 2023 was presented and approved.
- Proposed changes to Policy 721, “Holidays,” and Policy 724, “Paid Time Off,” were reviewed and approved.
- A Corporate Borrowing Resolution from the Rural Cooperatives Credit Union was approved.
- The Wide Open Utility Service financial, operations, H.R. and safety reports were reviewed.
The meeting adjourned at 3:35 p.m.