Erin Lawless

The meeting included an executive session to discuss a power supply update, CEO update, legal update, and Luminate RDOF update. The board reviewed financial and statistical reports for both YVEA and Luminate Fiber, LLC. The 2026 budgets for YVEA and Luminate were reviewed and approved, with discussions on fuel cost and rate adjustments, financial metrics, revenue, transmission rate adjustments, campus improvement plans, and wildfire mitigation. There was also discussion regarding the agenda for December's meeting and the date for the 2026 Annual Meeting of Members, which was set for June 24, 2026. The board also discussed YVEA branding and the start time for upcoming board meetings.

The board meeting included discussions and actions on various topics, including power supply matters such as the Public Service Company of Colorado Fuel Cost Adjustment and YVEA Power Cost Adjustment. The board reviewed and discussed the unaudited financial and statistical reports for February 2021, including unaudited financial highlights for Luminate Broadband, and agreed on collecting the full power cost adjustment by the end of 2021. They also approved a letter of credit application for Luminate Fiber, LLC. The board discussed YVEA's participation in a Colorado Public Utilities Commission investigation related to the fuel cost adjustment implemented by Xcel Energy. The board also discussed the director district map and boundaries, and the appointment of a candidate to fill the District 3 director vacancy, ultimately appointing Sasha Nelson to the seat.

The meeting included discussions on the Craig Master Plan, the 2026 Preliminary Budget, Power Supply Update, CEO Update, Legal Update, and Technology Update. The board reviewed financial and statistical reports for September 2025, and a New ERA Community Benefits Plan Budget was approved to provide educational and vocational scholarships for farming and ranching students. There were also discussions regarding power supplier fuel cost adjustments and rate adjustments, YVEA financial metrics and targets, Craig campus improvement plans, vegetation management, and wildfire mitigation initiatives. The board also reviewed the CEO Report, YVEA Department Reports, and the Luminate Broadband Report. The board went into the executive session to discuss personnel matters and CEO review.

The board meeting included discussions on broadband, CEO updates, and legal matters during executive sessions. The board reviewed financial and statistical reports for both YVEA and Luminate Fiber, LLC, along with a year-to-date budget review and financial forecast. Discussions were held regarding deferred revenue recognition, long-term infrastructure strategy, equipment modifications, and a request to paint YVEA-owned transformers. The board approved an amendment to the Craig Solar Regional Partners Agreement and appointed board officers and committees. The CEO and various department reports were reviewed, including those for accounting and finance, engineering, people, member experience, communications, IT, operations, power supply, rates, and regulatory compliance. The Luminate Broadband Report was also reviewed. The board discussed a special assessment from CREA and voted to prepay YVEA's portion in a single lump sum.

The board of directors convened to discuss several key items, including power supply matters, COVID-19 response plans for YVEA and Luminate, personnel matters such as employee housing assistance and engagement survey results, association-owned property and potential acquisitions, litigation, broadband grant opportunities, and a confidential member matter. Updates were provided on YVEA and Luminate's presence at local county fairs, and staff reports covered finance, customer service, workforce, engineering, operations, IT, energy solutions, and Luminate Broadband. The board also reviewed and accepted the financial and statistical reports for July 2021, approved resolutions to change the dates of the November and December board meetings, and approved Advice Letter 61 regarding proposed changes to EV rates. Discussions also took place regarding employee housing assistance and the establishment of physical and virtual attendance requirements at board meetings.