Title
Resolution - Approval of 2019 Election Timeline - S Romero
Other Info
Submitted By: Sylvia A. Romero
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 2019 operating budget; expenditures of staff time estimated in amount of 0 hours (other than ordinary processing requirements).
Discussion
Section 3.2 of the Election Procedures provides that the Board will consider, amend (if desired), and approve an Election Timeline at least 6 months prior to each Annual Meeting. The timeline sets out the key dates relative to the election to be held before the Annual Meeting on June 22, 2019. The Board may now review and approve the 2019 Election Timeline.
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS that, pursuant to Section 3.2 of the Election Procedures of Pedernales Electric Cooperative, Inc., the Election Timeline, in the form presented to the Board, with such changes approved by the Board, is adopted as the 2019 Election Timeline for the election to be held before the Annual Meeting on June 22, 2019.
BE IT FURTHER RESOLVED that the General Counsel, or designee, is hereby authorized to take all such action as may be necessary to implement this resolution.