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Pedernales Electric Cooperative – Board of Directors Meetings

File #: 2017-250    Version: 1 Name:
Type: Executive Session - Contract and Competitive Matters Status: Agenda Ready
File created: 5/30/2017 In control: Board of Directors
On agenda: 7/17/2017 Final action: 7/17/2017
Title: Resolution - Approval of Budget Amendment for Redistribution of Capital Projects - P Lochte

Title

Resolution - Approval of Budget Amendment for Redistribution of Capital Projects - P Lochte

 

Other Info

Submitted By: Paul Lochte

Department: Engineering and Energy Innovations

Financial Impact and Cost/Benefit Considerations:  No expenditure of Cooperative funds.

 

Discussion

As discussed in Executive Session.

 

Body

BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE, that the Cooperative approve the transfer of capital funds from the delayed transmission projects to be used for additional projects adding up to $6.2M; and

 

BE IT FURTHER RESOLVED, that the Chief Financial Officer is authorized to take such actions as needed to implement this resolution.