KyMEA
November 20, 2019 10:00 AM
Kentucky Municipal Energy Agency
Return
A. Meeting Opening
Ron Herd
Attachments
A.1. Attendance
Michelle Hixon
A.2. Guest Introductions
Ron Herd
Rationale

The Chairman will introduced any guests at the meeting.

Discussion

Andy McDonald from Earth Tools introduced himself.

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
Attachments
Actions Taken

Motion Passed:  Approval of the previous month's meeting minutes passed with a motion by Tim Lyons (Proxy for Kevin Frizzell) and a second by Mike Withrow.

C. Financial Reports
Heather Overby
Attachments
Actions Taken

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

D. Committee Reports
Doug Buresh
Discussion




D.1. Budget Committee
Chris Melton
Attachments
D.2. Compensation Committee
Ron Herd
Discussion






E. Administration Reports
E.1. CEO
Doug Buresh
Rationale

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

Attachments
E.2. Member Communications
Michelle Hixon
Rationale

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

Attachments
F. Discussion Topics
F.1. Legislative Update
Doug Buresh
Rationale

Doug will give an update on legislative activities.

G. Action Items
Ron Herd
G.1. Paducah Amendment #5
Doug Buresh
Rationale

Doug Buresh will discuss the amendment and request action to approve.

Attachments
Actions Taken

Motion Passed:  Motion to authorize the CEO to sign the Paducah Amendment #5 passed with a motion by Josh Callihan and a second by Mike Withrow.

Discussion



H. Public Comments
Ron Herd
Rationale

This is an opportunity for members of the public to provide input to the KYMEA Board and is limited to 5 minutes per speaker.

Discussion

Andy McDonald shared his concern about possible IRP outcomes. He urged the Agency not to enter into fossil fuel or natural gas generation projects. He requested to review the IRP draft and any completed IRP documents. 

I. Upcoming Meetings and Other Business
Ron Herd
Rationale

Next Meeting is Wednesday December 18th at 10 AM

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 be held at the KYMEA Board Room, 1700 Eastpoint Pkwy, Suite 220, Louisville, Kentucky.




J. Closed Session Authorization for November 20, 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 November 20, 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.


Actions Taken

Motion Passed:  Motion to enter into closed session passed with a motion by Tim Lyons (Proxy for Kevin Frizzell) and a second by Josh Callihan.

Motion Passed:  Motion to return to open session passed with a motion by Josh Callihan and a second by Tim Lyons (Proxy for Kevin Frizzell).

K. Actions Related to Closed Session
Charlie Musson
Rationale

No Board actions are expected.

L. Adjournment
Actions Taken

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