Title
Draft Resolution - Approval for Directing the General Counsel to Prepare 2025 Proposed Non-Director Election Ballot Matter(s) - M Butler
Other Info
Submitted By: Michael Butler
Department: Senior Counsel
Financial Impact and Cost/Benefit Considerations: Expenditure of Cooperative funds estimated in the amount of $0 currently included in the Cooperative's 2025 operating budget; expenditures of staff time estimated in amount of 0 hours (other than ordinary processing requirements).
Discussion
The Election Policy (“Election Policy”) and accompanying Election Procedures (“Election Procedures”) of Pedernales Electric Cooperative, Inc. (“PEC”) are intended to ensure that PEC Elections are conducted in a fashion that maximizes and exemplifies “Democratic Member Control.”
Section 2 of the Election Policy provides:
“The Board recognizes that consistent, credible PEC Elections are essential to maintaining Member confidence in PEC, and the key vehicle by which Members hold Directors accountable and influence the direction of the Cooperative, both through election of Directors . . . and elections on issues of importance to the Cooperative (“Non-Director Election”).”
Section 6.1 of the Election Procedures provides:
“The Board may, from time-to-time, submit matters under consideration by the Board to a vote of the Members. The vote in any such Non-Director Election shall be advisory only, except in such cases where a vote of Members is required by law or the PEC Bylaws, such as a vote to amend the PEC Articles of Incorporation. No later than the Regular Board Meeting 5 months prior to an election, the Board will direct the General Counsel to prepare proposed Ballot wording for any items to be put to a vote in a Non-Director Election. Any such matters will be presented by the General Counsel in a way to enhance Member understanding of such measures, including any Board recommendation or position concerning such a vote.”
The Board may now wish to consider whether any Non-Director Election(s) matter(s) shall be placed on the 2025 election ballot.
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the General Counsel, or designee, of the Cooperative is directed to prepare proposed ballot wording for consideration by the Board of Directors on the following Non-Director Election matter(s):
A) __________________________________________;
B) __________________________________________;
C) __________________________________________; and
BE IT FURTHER RESOLVED that in accordance with Section 6.1 of the Election Procedures, the ballot wording will be presented in a way to maximize Members' understanding of the Non-Director Election matter, including any Board recommendation or position concerning the matter; and
BE IT FURTHER RESOLVED that the Board votes to [support/oppose] the proposed Non-Director Election matter, and the General Counsel is directed to draft proposed ballot language that reflects the Board's position; and
BE IT FURTHER RESOLVED that this proposed Non-Director Election matter shall not be included on the 2025 election ballot unless and until a majority of the Directors votes to affirmatively place the matter on the 2025 election ballot and approves the ballot wording; and
BE IT FURTHER RESOLVED that the General Counsel or designee, is directed to take all necessary actions to implement this resolution.