FLORIDA KEYS ELECTRIC COOPERATIVE ASSOCIATION, INC. MINUTES OF THE REGULAR MEETING OF THE BOARD OF DIRECTORS OF THE FLORIDA KEYS ELECTRIC COOPERATIVE ASSOCIATION, INC., HELD IN THE BOARD ROOM AT FKEC TAVERNIER HEADQUARTERS TAVERNIER, FLORIDA, ON MONDAY, JANUARY, 0 PURSUANT TO NOTICE President Boilini called the meeting to order at :0 a.m. The following directors were present: Also present: Craig Belcher James J. Boilini, President Frank N. Hawkins, Jr., Treasurer Gretchen Holland, Vice President George Hertel Michael H. Puto, Secretary David C. Ritz Cale Smith Karl Wagner Scott Newberry, Chief Executive Officer John H. Haswell, Esq., Counsel to the Board Cris Beaty, Chief Financial Officer John Stuart, Chief Operating Officer Nicole Kraus, Director of Human Resources Susan Kohlhofer, Recording Secretary Members and Guest: President Boilini announced that a quorum was present and that the business of the Cooperative could be conducted. The Pledge of Allegiance was recited. These minutes are provided as a general account of the meeting and are not intended as a verbatim record; only motions and pertinent discussions are recorded herein. Due notice of the time, date, and location of this meeting has been provided by publication of such notice in four papers of general circulation in the service area of FKEC.
FKEC Regular Board Meeting, January, 0 Page of ACTION ON MINUTES President Boilini asked if there were any corrections to the minutes of the Regular Board Meeting, held on December, 0 which were previously provided to each Director, and hearing none, the minutes were accepted. INTRODUCTION AND COMMENTS BY MEMBERS AND GUESTS 0 TARGETED GOALS OF CHIEF EXECUTIVE OFFICER S. Newberry reported on his nine targeted goals. A question and answer session followed. The purpose of this report was for discussion of the issues only; no action was taken or recommended. 0 COMMITTEE MEETINGS Finance Committee Meeting F. Hawkins, Chairman reported that the Finance Committee members, directors and staff met to review and discuss the year-end financial reports. A line item review of the preliminary December, 0 year-end Form and graphs was conducted along with review and discussion of the capital projects status sheet for 0. The Finance Committee will review the year-end report again after the final audit. The purpose of this meeting was for discussion of the issues only; no action was taken or recommended. FECA / Statewide C. Belcher presented a brief Statewide update: () Reported that FECA retained Holland & Knight on the Smart Solar Brief; () Reported that he, G. Holland, and S. Newberry attended Florida Electric Cooperative Association s Board Meeting which was held on Wednesday, January 0, 0 at :0 p.m. at FECA s headquarters; () Reported that the Legislative Cookout was conducted later in the day and that it proved to be another great success. FKEC served its renowned conch fritters, fried dolphin and key lime cake, and noted that the lobster bisque which was prepared by Eddie Dudley was exceptional. He wished to sincerely thank Eddie Dudley, Maria Jones, Mike Valles and Phil Guinta for all of their hard work and
FKEC Regular Board Meeting, January, 0 Page of dedication. He reported that they showed outstanding character and represented FKEC favorably; and () Reported that the committee approved the 0 Summer Leadership Conference to be held at The Ritz- Carlton, Amelia Island, Florida on August -, 0. EXECUTIVE SESSION REPORT President Boilini reported that the Board of Directors had met earlier in the day to hear J. Haswell s legal report in confidence. 0 0 0 0 CHIEF EXECUTIVE OFFICER S REPORT S. Newberry s report covered the routine monthly topics and also included the following:. Reported that there were no lost time accidents or doctor treated injuries in the month of December. He noted that a safety day was earned on January, 0.. Reported that there were no transmission, substation or feeder outages in the month of December. SAIDI for the month was. minutes and for the past year is. minutes.. C. Beaty presented and discussed the year-end financial reports. A line item review of the preliminary December, 0 year-end Form and graphs was conducted along with review and discussion of the capital projects status sheet for 0.. Reported on the monthly summary of the Construction Work in Progress (CWIP) report. A question and answer session followed.. Reviewed and discussed the Member Satisfaction Survey for the month of December. Next, discussion of FKEC s Residential Rebate Program and its available rebates for 0 took place.. Reported that the Cost of Service Study is complete. Restructured rates were approved by the Florida Public Service Commission (FPSC) and were implemented with the November billing cycles.. Reported that the Five-Year Plan is complete.. As one of S. Newberry s goals is community outreach, he reported on the following FKEC participation throughout the community: Reported that FKEC employees hung holiday banners throughout Islamorada for the Islamorada Chamber of Commerce; assisted in erecting the Key Largo Chamber of Commerce Christmas Tree at the Murray Nelson Center; staged the annual Christmas Lighting of the building and grounds at the Marathon District Office; and participated in Ocean Reef s Touch-a-Truck event. He also reported that he attended the Joint Rotary Club Christmas Dinner on December 0 th and attended the Keys History and Discovery Museum s Appreciation Reception on December th.. Reported that pole inspections are complete in Marathon. All reject poles have been replaced. 0. The FPL bill and billing summary for last month has been included for the director s information. There was a negative $,.00 adjustment true up for the month of December.
FKEC Regular Board Meeting, January, 0 Page of 0 0 0 0. In the monthly Rate Comparison, FKEC is in the second position; FKEC came in third in the twelve month rolling average with a cost of $.0.. On the SCADA bar graph, FKEC shows a peak on December st at :00 p.m. at. MW.. Reported on the Marathon Solar Array Production as well as the Crawl Key Solar Array Production for the month of December.. On the Unsolicited Breaker Operation Report, FKEC had three () operations for the month of December.. On the Service Order Report, FKEC completed,0 service orders for the month of December with account transfers.. Due to the annual OSHA Level III Hazardous Waste Operations Emergency Response Training, no additional safety meetings were held this month. Crews reviewed the most recent regulations, safety and reporting requirements, as well as recommended tools and equipment needed when cleaning up chemical spills. FKEC crews, through this training received an OSHA Level III Hazardous Waste Operations Emergency Response certification.. The Workers Compensation report indicates zero minor / doctor treated injuries for the month of December.. A trip report from Luis Chavala, who attended the Visible Emissions (Smoke) School in West Palm Beach, Florida on January, 0 for Field Certification, was provided to the directors for their information.. A copy of the Consumer Price Index for the month of December was provided to the directors for their reference. 0. A copy of the E.I.A. Natural Gas Weekly Update (overview for the weeks ending December, January, January and January 0) was provided to the directors for their information and reference.. The approved December minutes from the FKEC Members Charitable Trust (Operation Round-Up ) were provided to the directors along with a copy of the accompanying financial reports. ITEMS FOR ACTION REPORT OF BOARD COUNSEL J. Haswell reported that at an earlier Executive Session of the Board, he presented his confidential attorney-client privileged legal report. The report was for information only. The purpose of this report was for discussion of the issues only; no action was taken or recommended.
FKEC Regular Board Meeting, January, 0 Page of UNFINISHED BUSINESS K. Wagner, Chairman of the Human Resources Committee reported that there were no changes from the final draft of the Chief Executive Officer s targeted goals for the year 0. The final 0 targeted goals will be dispersed to the directors. NEW BUSINESS 0 OTHER BUSINESS F. Hawkins stated that he very much appreciated FKEC displaying its large American Flag honoring the Wounded Warriors as they came by. ANNOUNCEMENTS Incumbent David Ritz (District, Key Largo), has been re-elected to serve another three-year term on the Board of Directors, as he was unopposed and was automatically re-elected. Formal congratulations were extended to David. The February Regular Board Meeting will be held on Monday, February, 0 at :00 p.m. 0 ADJOURNMENT The meeting was adjourned at : a.m. James J. Boilini, President X:\Susan\DATA\Word\Board0\BD MTG MIN 0--0.docx Michael H. Puto, Secretary