Coos-Curry Electric Cooperative

The meeting included financial reports, outage and safety updates, and a review of tree trimming and charitable foundation activities. Discussions covered wholesale power issues, including BPA rate adjustments and PNGC Power matters such as the potential return of Capital Term Certificates to member cooperatives and the sale of the PNGC building. The board approved revisions to the GM Succession Management Policy and authorized the sale of Gold Beach Substation Property to BPA. Randy McDonald's retirement as CCEC's Operation Manager was announced.

The board meeting included discussions with a member, Jack Worrall, regarding wind and solar energy, and CCEC's plans for future energy needs. The agenda was approved with an amendment to include strategic planning. The consent agenda, including new members, member purges, write-offs, expenses, and attorney invoices, was approved. The CFO reviewed the financial report, noting operating revenues and the cost of purchased power. The September safety report and the Coos-Curry Electric Charitable Foundation (CCECF) report were also reviewed. Committee reports covered policy revisions and discussions on a GM/CEO evaluation process. The 10-year financial forecast was presented. The board also discussed the PNGC Power Annual Meeting and the ORECA Annual Meeting. A strategic planning session was scheduled for December 13-14, 2022. An executive session was held to discuss member issues, contract matters, and employee issues.

The meeting covered financial updates, including operating revenue, cost of power, and member bill averages. The board reviewed reports on write-offs, outages, safety, and tree trimming. Discussions included wholesale power issues related to actions by PNGC, NW RiverPartners, and responses to a preliminary injunction by the State of Oregon. The board approved revised policies, nominated a director for Pacific Northwest Generating Cooperative (PNGC), and discussed property purchases and sales with BPA, including a potential lease to Beacon Broadband. Dates were selected for upcoming board meetings.

The meeting covered financial reports, including contributions in aid of construction, operating revenue, gross margins, and kWh sales. The June outage report and quarterly outage reports were reviewed, along with the July safety report and tree trimming report. The BPA reserves surcharge suspension was discussed, and an update on the Coos-Curry Electric Charitable Foundation was provided. The board decided to end the moratorium on member disconnects and late fees effective July 31, 2020, and they denied a request for a one-time early capital credit distribution/retirement to seniors. The use of the CCEC warehouse loading dock for the Common Good food distribution was also discussed.

The meeting included a presentation of the 2022 year-end audit, which returned a clean opinion with no material weaknesses. The board discussed the Cooperative Family Fund (CFF) with President Tony Anderson. The Policy Committee presented proposed and revised policies related to mission, vision, and value statements, damage to cooperative property, power lines and sub-equipment rights of way, and member accounts. Mark Gautreaux with Wild Rivers Film Festival (WRFF) presented information on a workshop and Film Festival. The CFO reviewed the Financial Report for March 2023, and the board reviewed the April safety report, the first quarter outage report, and the first quarter tree trimming report. The CEO provided a report covering personnel, wholesale power, the power system, media, IT services, and the updated strategic plan. The board approved nominations by petition for CCEC District Director positions for inclusion on the ballot for the 2023 Annual Meeting. An update was provided on the City of Brookings Franchise Agreement, and the board approved signing the Brookings Franchise Ordinance. The board also discussed a donation to the Cooperative Family Fund (CFF) and rescheduling the October Board Meeting.