Motion Passed:  Motion to put the CEO position on hold and send such notice to all applicants moved by Terry Naulty and seconded by Herbbie Bannister passed with a motion by Terrance Naulty and a second by Herbbie Bannister (Proxy for Vent Foster).

Public Financial Management (PFM) will be providing a proposed engagement letter or professional services agreement for consideration by the Board.

The Board approved agreements with NewGen, Spiegel & McDiarmid, and nFront at its December meeting.

• KyMEA Financial Advisory Services Letter Agreement DRAFT

Motion Passed:  Motion to authorize execution of the Public Financial Management(PFM)agreement passed with a motion by Josh Callihan and a second by Mike Withrow.

Rubin & Hayes will be providing a proposed engagement letter or professional services agreement for consideration by the Board.

The Board approved agreements with NewGen, Spiegel & McDiarmid, and nFront at its December meeting.

• RH Legal Services Agreement

Motion Passed:  Motion to authorize execution of the Rubin & Hayes agreement passed with a motion by Mike Withrow and a second by Terrance Naulty.

Agreements that need to be put in place are as follows:

1. KyMEA and All Requirements Members for:

• All Requirements Service (including power supply and other admin services)
• Purchase of capacity and energy from Member resources (Paris diesels, SEPA, other)

       2. KyMEA and OMU

• Sale of Capacity to OMU
• Power supply and other admin services
• Energy pooling arrangement

• Concepts_for_OMU_KyMEA_Contract_2016_02_22
• Key_Pooling_Concepts_DRAFT_2016_02_22
• SPIEGEL-270220-v2-Draft_KyMEA_All_Requirements_Contract

Paducah and Princeton have expressed an interest in considering membership in KyMEA.

At the December meeting, the Board decided to have Terry and Chris have discussions with Paducah and Princeton concerning membership.

The Board will receive a status report regarding any discussions that have occurred.

Motion Passed:  Motion to authorize the chairman to appoint a member of the board to negotiate a MOU with KMPA passed with a motion by Terrance Naulty and a second by Mike Withrow.

At the January Meeting, the Board asked the Advisory Team to develop a resolution that would call for KyMEA to, during FY2017, specifically study certain renewable options with the aim of identifying initial options that could be implemented by May 1, 2019.  One option to be considered would be community solar projects in those Members communities that have an interest.

Discussion of proposals to provide Power Supply Resources to KyMEA submitted in response to KyMEA’s RFP and related plan for submitting applications for transmission service.  The RFP included a commitment to not disclose proposal terms and provisions to competitors.  KRS 61.810(1)(k) and 61.878(1)(c) allow for closed session where discussions regarding records or information disclosed to the agency or required to be disclosed to the agency as confidential or proprietary would if disclosed by the agency would provide an unfair advantage to competitors of the entity disclosing such information.

Motion Passed:  Approval of the Consent Agenda as presented passed with a motion by Josh Callihan and a second by Terrance Naulty.

• Meeting Minutes 01282016 for approval

The KyMEA Board of Directors shall hold its regular meetings on the fourth Thursday of each month, except for the months of November and December when the regular meeting shall be held on the third Thursday. 

The regular meetings shall convene and commence at 10:00 AM Central time on said dates.

The regular meetings shall held at the Bowling Green Municipal Utility located at 801 Center St, Bowling Green, KY 42101 in Bowling Green, Kentucky or at such location to be designated by the Board.

March 24, 2016 at 10:00AM

April 28, 2016 at 10:00AM

May 26, 2016 at 10:00AM

June 23, 2016 at 10:00AM

July 28, 2016 at 10:00AM

August 25, 2016 at 10:00AM

September 22, 2016 at 10:00AM

October 27, 2016 at 10:00AM

Motion Passed:   passed with a motion by Terrance Naulty and a second by Herbbie Bannister (Proxy for Vent Foster).

A proposal has been received for KyMEA to purchase power from a natural gas-fueled combined cycle generation plant to be constructed by the early 2020s. 

The proposed Interest Group Agreement would provide for KyMEA to share in the process and costs of developing a power purchase agreement relative to combined cycle plant.  The agreement would not commit KyMEA to purchase any amount of power from that plant.