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Highlights from October 14, 2008 Board Meeting

Board Meeting Highlights

The Board:

    • Approved minutes from the September 16, 2008 regular meeting and September 29, 2008 pre-budget workshop.
    • Approved September 2008 accounts payable totaling $2,310,495.
    • Approved $4,929 in write-off accounts.
    • Approved a non-binding letter of intent from Northwest Requirements Utilities, LLC, for the acquisition of potential power supply.
    • Approved a 10% discount, effective with meter reads beginning November 1 2008 through April 30, 2008 for all classes of customers.
    • Approved Resolution 08-10-05 requesting a guaranteed federal financing bank loan to replace the municipal capped rate loan, as recommend by the Rural Utilities Service.