Pedernales Electric Cooperative – Board of Directors Meetings

File #: 2022-047    Version: 1 Name:
Type: Action Item/Other Items Status: Agenda Ready
File created: 1/14/2022 In control: Board of Directors
On agenda: 2/18/2022 Final action:
Title: Resolution - Approval for Directing the General Counsel to Prepare 2022 Proposed Non-Director Election Ballot Item(s) - D Ballard
Related files: 2022-024
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.
Title
Resolution - Approval for Directing the General Counsel to Prepare 2022 Proposed Non-Director Election Ballot Item(s) - D Ballard

Other Info
Submitted By: Sylvia Romero on behalf of Don Ballard
Department: General Counsel
Financial Impact and Cost/Benefit Considerations: Expenditure of Cooperative funds estimated in the amount of $0 currently included in the Cooperative's 2022 operating budget; expenditures of staff time estimated in amount of 0 hours (other than ordinary processing requirements).

Discussion
Section 6.1 of the Election Policy and Procedures provides that:

"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) items shall be placed on the 2022 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) (as defined in the Cooperative's Election Procedures):

A.) ______________________________________________________________;

B.) ______________________________________________________________;

C.) ______________________________________________________________; and

BE IT FURTHER RESOLVED that...

Click here for full text