Sue Seebecker

Key discussions included the approval of the consent agenda, which covered vouchers and uncollectible accounts. The Chief Financial Officer presented and received approval for the January 2026 Financial Statements/Operations Trend Charts. The General Manager provided updates on energy prices, Southwest Power Pool statistics, out-of-territory power purchase agreements, utility-scale batteries, customer analytics software, and building renovations. Several resolutions were approved, specifically Resolution No. 2026-05 (Reimbursement Resolution for Electric Utility Projects) and Resolution No. 2026-06 (Avoided Cost Rate for Distributed Generation). Additionally, the Board approved an Agreement for Municipal Advisory Services with Public Financial Management, Inc., the 2026 Communications System Ownership and Lease Allocation for Joint Use of Facilities, and Change Order #2 and Pay Request #3 related to the Office Exterior Remodeling project with Sande Construction. The Board also set the date and time for a Bid Letting and Public Hearing concerning the Furnishing Materials for Electric Distribution Improvements Project.

The Board meeting included the approval of the consent agenda, which covered the adoption of the agenda, and the approval of monthly vouchers and uncollectible accounts, excluding the minutes from the previous meeting. A brief Public Hearing on the 2026 Water Rates was held and closed without objection. The Board reviewed the preliminary December 2025 Financial Statements, and the General Manager provided updates concerning electric construction projects, Southwest Power Pool requirements, power plant maintenance, NIMECA discussions regarding large loads, succession planning, and financial planning. The Board unanimously approved several resolutions, including Resolution No. 2026-01 for 2026 Water Rates, Resolution No. 2026-02 for the AMU Electric Reliability Plan, Resolution No. 2026-03 for Reimbursement Resolutions for Electric Utility Projects, and Resolution 2026-04 authorizing an application for a Rural Economic Development Grant. Further actions included approving an Agreement for Professional Services with Bolton and Menk, Inc. for the 2026 Water Main Projects, approving a pay request for the Office Exterior Remodeling project, and approving a business investment in the Kossuth County Economic Development Corporation.

The Board of Trustees meeting included the approval of the consent agenda, which covered the adoption of the agenda, and approval of monthly vouchers and uncollectible accounts. The Chief Financial Officer presented the November 2025 Financial Statements/Operations Trend Charts for approval. The General Manager provided updates on various electrical power supply matters, including NIMECA discussions and Southwest Power Pool requirements. The Board approved Pay Request #3 for the 2025 FTTH Project and Pay Request #1 for the Office Exterior Remodeling. They reviewed the Proposed 2026 Water Rates and approved the Operating Procedures for Compliance with CPNI Rules. The date and time for the Public Hearing on 2026 water rates was set for February 4, 2026.

The agenda for the meeting included the approval of the Consent Agenda items such as Vouchers (Bills) and Bad Debt Write Offs. Key discussions focused on the approval of Financial Reports, the General Manager's Report, review of Pay Request #3 for the 2025 FTTH Project and Pay Request #1 for the AMU Office Exterior Remodeling. The Board also planned to review proposed Water Rates and set a date for a Public Hearing on the 2026 Water Rates. Additionally, the board planned to review and approve Operating Procedures for Compliance with CPNI Rules.

The meeting included discussion and approval of an amended loan amount to Top Dog Brewing from the AMU Revolving Loan Fund, increasing it from $125,000 to $175,000. Additionally, the board approved Change Order #1 for the AMU Office Exterior Remodeling Project with Sande Construction and Supply, Co., Inc., which resulted in a $2,500.00 deduction.