The regular meeting of the Board of Directors of Nolin RECC was held at 9:00 a.m., Thursday, November 16, 2023, at the office of the cooperative. The following is a summary of the meeting activities. The agenda, minutes of the October 19, 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 September 2023 were reviewed and approved.
- The System Operations report for September 2023 was presented. Operations at Fort Knox were also reviewed.
- The Corporate Services Report for September 2023 was presented and reviewed.
- The Human Resources Report for October 2023 was presented and reviewed.
- The Information Technology report for October 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 September 2023 was presented and approved.
- Proposed changes to Policy 743, “Immigration Law Compliance,” and Policy 744, “Disability/Reasonable Accommodation,” were reviewed and approved.
- Motion carried to move a list of outstanding checks for 2022 to Account 208.
- Mark Cochran was selected as the voting delegate and Linda Grimes as alternate for the annual meetings of NRECA, NRTC, CFC, Federated Rural Electric Insurance Exchange, NISC, and NCSC
- The 2024 Operating and Capital Budget was presented and approved.
- Motion carried to present each employee with a Christmas bonus.
- Nolin and Wide Open employee benefits were reviewed.
- The Wide Open Utility Service financial, operations, H.R. and safety reports were reviewed.
The meeting adjourned at 2:40 p.m.