The Chairman noted that it was a pleasure to have Stan Conn in attendance today.

Nominees for Treasurer & Secretary will be presented and voted on.

Motion Passed:  Motion to elect Chris Melton as Secretary and Kevin Howard as Treasurer passed with a motion by Josh Callihan and a second by Mike Withrow.

• KyMEA Board Financial Packet June 2018

Motion Passed:  Motion to accept the financials passed with a motion by Mike Withrow and a second by Josh Callihan.

Heather mentioned that the independent auditors will be conducting KyMEA'a annual audit next week.

• MeetingMinutes06282018 (1)

Motion Passed:  Motion to accept the minutes of 06/28/2018 Board Meeting passed with a motion by Kevin Frizzell and a second by Josh Callihan.

This will be an update from Doug on activities during the past month and planned for the coming month.

• KyMEA_Board_Presentation_Jul_2018_CEO_07-25-2018

This will be an update from Heather regarding Assessments that are to be mailed July 30^th.

1. This will be an update regarding delivery point metering and communications plan and schedule for facilities and arrangements needed for KyMEA to be completed by December 2018. Testing systems to begin in January 2019 for providing and billing for service in May 2019.

    

   Key Tasks

   • SCADA RFP
   • Delivery Point equipment and installation

• KyMEA Delivery Point Summary 07252018

KyMEA developed an RFP to contract with an Energy Services Partner.

• KyMEA Energy Management Partner RFP
• KyMEA_Board_Presentation_Jul_2018_ESP_07-25-2018
• Resolution Making Determinations and Findings relating to Energy Services-1

Motion Passed:  Board approval of the attached resolution. passed with a motion by Mike Withrow and a second by Josh Callihan.

KyMEA will issue an RFP to contract with a SCADA provider.

• Motion re SCADA Equipment

The board decided to hold off on taking action until the August Board Meeting.

This will be an opportunity for members of the public to provide input to the KyMEA Board. Comments will be limited to 5 minutes per speaker.

This session will involve:
   1. Discussion of proposed, potential or pending litigation relating to the Falmouth transmission services to be provided by KyMEA;

   2. Discussion of proposed, potential or pending litigation relating to the LGE/KU Merger Mitigation Depancaking Agreement;

   3. Discussion of proposals received in response to the RFP for Renewable Resources and results of further discussions with certain proposers; and

   4. Presenting and discussing potential provisions of contracts with a proposer that responded to the Natural Gas/Combined Cycle Resource RFP.

KRS 61.810(1)(c) allows for closed session for discussion of proposed or pending litigation against or on behalf of the agency.

Items 3 and 4 above will involve discussion of power supply resources, including proposed and indicative pricing information provided by potential counterparties and other power supply contract provisions being discussed with proposers pursuant to Non-Disclosure Agreements (NDAs). The information to be discussed will include information of a commercially sensitive nature from the perspectives of both KyMEA and multiple potential counterparties.

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, provide an unfair advantage to competitors of the entity disclosing such information.

• Resolution authorizing the entering into Closed Session 7-25-18

Motion Passed:  Motion to enter into closed session passed with a motion by Mike Withrow and a second by Vent Foster (Proxy for David Denton).

Motion Passed:  Motion to return to open session passed with a motion by Mike Withrow and a second by Kevin Frizzell.

Dependent on Closed Session Discussions, action may or may not be needed.

No action was needed.

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.

Wednesday, July 25, 2018, 1:00 PM Central Time, Lake Barkley State Park

Thursday, August 23, 2018, 10:00 AM Central Time, Bowling Green Municipal Utility

Thursday, September 27, 2018, 10:00 AM Central Time, Bowling Green Municipal Utility

Wednesday, October 24, 2018, TBD Eastern Time, KMUA-Lexington

Wednesday, November 14, 2018, 11:00 AM Eastern Time, KyMEA Board Room

Wednesday, December 19, 2018, 11:00 AM Eastern Time, KyMEA Board Room

Motion Passed:  Motion to Adjourn passed with a motion by Vent Foster (Proxy for David Denton) and a second by Kevin Frizzell.