Title
Resolution - Approval of 2025 Annual Membership Meeting Agenda - A Stover/C Tinsley
Other Info
Submitted By: Andrea Stover/Caroline Tinsley
Department: General Counsel/External Relations
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 Annual Meeting of Pedernales Electric Cooperative, Inc. (the “Cooperative”) Members will be on June 20, 2025. Article II Section 4 of the Cooperative’s Bylaws require that the Board of Directors (the “Board”) of the Cooperative determine the agenda, program, and order of business for the Annual Meeting of the Members.
The Annual Meeting agenda covers the issues required to be addressed at the Annual Meetings under the Cooperative’s Bylaws.
Article II Section 3 of the Cooperative’s Bylaws require notice to each Member stating the place, day and hour of the Annual Meeting and purpose for which the meeting is called.
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the agenda for the 2025 Annual Meeting as submitted to and discussed by the Board at its regular meeting this day is approved, with such changes as were discussed and approved by the Board;
BE IT FURTHER RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the General Counsel, or designee, is hereby authorized to provide notice of the Annual Meeting and publish the approved agenda to all Members, and the President of the Board (or such other officer of the Board if the President is unavailable) is authorized and directed to conduct the order of business at the Annual Meeting of the Members in accordance with the approved agenda.