Pedernales Electric Cooperative – Board of Directors Meetings

File #: 2019-269    Version: 1 Name:
Type: Action Item/Other Items Status: Passed
File created: 7/25/2019 In control: Board of Directors
On agenda: 9/13/2019 Final action: 9/13/2019
Title: Resolution - Approval of Revisions to the Equity Management Policy - J Davis
Attachments: 1. 2019-08-16 Equity Management Plan Policy - J Davis (Red-line ), 2. 2019-08-16 Equity Management Plan Policy - J Davis (Clean), 3. 2019-09-13 Equity-Management-Plan-Policy - (Clean) - J Davis - v2
Related files: 2019-264

Title

Resolution - Approval of Revisions to the Equity Management Policy - J Davis

 

Other Info

Submitted By: Robyn Miller on behalf of John Davis

Department: Chief Financial Officer

Financial Impact and Cost/Benefit Considerations: None

 

Discussion

The Equity Management Policy was adopted in 2015. Pursuant to the Board’s Policy on Policies, the Board routinely reviews all policies as part of its policy management. Under the Board’s approved review schedule, the Board may now consider review of the Equity Management Policy.

 

Body

BE IT RESOLVED BY THE BOARD OF DIRECTORS that pursuant to its regular review of Board policies, the Board has reviewed and adopts the Equity Management Policy, including the amendments presented and discussed this day, with modifications, if any, as were approved by the Board; and

BE IT FURTHER RESOLVED that the Chief Executive Officer, or designees, are hereby authorized to take all such action necessary to implement this resolution.