Title
Resolution - Approval of Authorization to Purchase Power Supply for 2023 - D Thompson
Other Info
Submitted By: David Thompson
Department: Markets
Financial Impact and Cost/Benefit Considerations: As discussed in Executive Session.
Discussion
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS that the Cooperative authorizes the Chief Executive Officer, or designee, to purchase additional power for its block and shape portfolio necessary or appropriate to acquire electric capacity, energy, and/or other products related thereto as discussed by the Board during Executive Session of this meeting, and subject to the conditions as discussed by the Board during Executive Session of this meeting; and
BE IT FURTHER RESOLVED that the Chief Executive Officer, or designees, are hereby authorized and directed to take all such action as may be necessary to effectuate this resolution.