The regular meeting of the Board of Directors of Nolin RECC was held at 9:00 a.m., Wednesday, May 10, 2023, at the office of the cooperative. The following is a summary of the meeting activities. The agenda, minutes of the April 6, 2023, April 24, 2023 and May 1, 2023 meetings, 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 March 2023 were reviewed and approved.
- The System Operations report for March 2023 was presented. Operations at Fort Knox were also reviewed.
- The Corporate Services Report for March 2023 was presented and reviewed.
- The Human Resources Report for March 2023 was presented and reviewed.
- The Information Technology report for April 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.
- Special Equipment for March 2023 was presented and approved.
- Directory, Attorney and CEO expenses for the year were reviewed.
- Proposed changes to Policy 712, “Employee Training & Development/Tuition Reimbursement,” Policy 712 Form A, “Application for Tuition Reimbursement,” Policy 712 Form B, “Application for Certificate, License, or Training,” Policy 303, “Annual Work Plan and Budget,” and Policy 304, “Financial Forecast and Plan,” be approved as presented
- The Wide Open Utility Service financial, operations, H.R. and safety reports were reviewed.
The meeting adjourned at 3:10 p.m.