KyMEA
August 22, 2019 10:00 AM
Kentucky Municipal Energy Agency
Return
A. Meeting Opening
Ron Herd
Attachments
A.1. Attendance
Michelle Hixon
Actions Taken

Motion Passed:  Motion to approve July 24, 2019 meeting minutes passed with a motion by Josh Callihan and a second by Chris Melton.

A.2. Guest Introductions
Ron Herd
Rationale

The Chairman introduced Tim Blodgett with Hometown Connections as a guest at today's meeting.

A.3. Call to Order
Ron Herd
Rationale

The meeting was called to order by the Chairman of the Board, Ron Herd.

B. Meeting Minutes
Ron Herd
C. Financial Reports
Heather Overby
Actions Taken

Motion Passed:  Approval of the previous month's financial reports. passed with a motion by Mike Withrow and a second by Josh Callihan.

D. Committee Reports
Doug Buresh
Rationale

There was a brief discussion regarding the AR Project Committee workshop.

D.1. AR Project Committee Workshop Report
Chris Melton
E. Administration Reports
E.1. CEO
Doug Buresh
Rationale

Doug Buresh presented the CEO report regarding the agency's past and upcoming activities.

E.2. Finance and Accounting
Heather Overby
Rationale

Heather Overby presented to the Board any current and upcoming finance and accounting activities.

E.3. Member Communications
Michelle Hixon
Rationale

Michelle Hixon communicated to the board any upcoming events and member activities.

F. Discussion Topics
F.1. PURPA
Doug Buresh
Rationale

This was a brief update on the status of the PURPA filing.

F.2. Legislative Update
Doug Buresh
Rationale

Doug will give an update on legislative activities.

F.3. KYMEA Distribution Services
Doug Buresh
Rationale

Doug Buresh discussed with the Board KYMEA's distribution services.

F.4. Planning Process
Doug Buresh
Actions Taken

Motion Passed:  Approve the attached resolution passed with a motion by Chris Melton and a second by Gary Zheng.

G. Action Items
Ron Herd
Rationale

No other action items were necessary.

H. Public Comments
Ron Herd
Rationale

This was an opportunity for members of the public to provide input to the KYMEA Board and was limited to 5 minutes per speaker. No comments were made.

I. Upcoming Meetings and Other Business
Ron Herd
Rationale

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 Wednesday.

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

The regular meetings shall held at the KYMEA Board Room, 1700 Eastpoint Pkwy, Suite 220, Louisville, Kentucky.

 

J. Closed Session Authorization for August 22, 2019 KYMEA Board Meeting Approval to enter into Closed Session pursuant to KRS 61.810(1)(c); KRS 61.810(1)(k); KRS 61.878(1)(c) and KRS 61.878(1)(j) for the purpose of: (i) discussing proposed, potential or pending litigation relating to KYMEA and its members relating to transmission issues; (ii) discussing proposed or potential power purchases or sales that have been disclosed in confidentiality to KYMEA; and (iii) discussing the market report and KYMEA’s future and potential hedging strategy KRS 61.810(1)(c) allows for closed session for the purpose of discussing proposed, potential and pending litigation relating to the agency. 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. KRS 61.810(1)(k) and 61.878(1)(j) allow for closed session where presentation, discussion and review of preliminary recommendations and preliminary memoranda in which opinions are expressed or polices formulated or recommended.
Charlie Musson
Rationale

Closed Session Authorization for August 22, 2019 KYMEA Board Meeting

 

Approval to enter into Closed Session pursuant to KRS 61.810(1)(c); KRS 61.810(1)(k); KRS 61.878(1)(c) and KRS 61.878(1)(j) for the purpose of:

  1. discussing proposed, potential or pending litigation relating to KYMEA and its members relating to transmission issues;
  2. discussing proposed or potential power purchases or sales that have been disclosed in confidentiality to KYMEA; and
  3. discussing the market report and KYMEA’s future and potential hedging strategy

KRS 61.810(1)(c) allows for closed session for the purpose of discussing proposed, potential and pending litigation relating to the agency.

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.

KRS 61.810(1)(k) and 61.878(1)(j) allow for closed session where presentation, discussion and review of preliminary recommendations and preliminary memoranda in which opinions are expressed or polices formulated or recommended.

Actions Taken

Motion Passed:  Motion to enter into closed session passed with a motion by Mike Withrow and a second by Kevin Howard.

K. Actions Related to Closed Session
Charlie Musson
Rationale

No Board actions were necessary. 

Actions Taken

Motion Passed:  Motion to return to open session passed with a motion by Philip King and a second by Ramona Williams.

L. Adjournment
Actions Taken

Motion Passed:  Motion to adjourn passed with a motion by Chris Melton and a second by Mike Withrow.