Pedernales Electric Cooperative – Board of Directors Meetings

File #: 2019-299    Version: Name:
Type: Executive Session - Contract and Competitive Matters Status: Referred
File created: 8/19/2019 In control: Audit Committee
On agenda: 10/18/2019 Final action: 10/18/2019
Title: Resolution - Approval of 2018 IRS Form 990 - J Davis
Attachments: 1. Audit Committee Resolution 2019-09-16

Title

Resolution - Approval of 2018 IRS Form 990 - J Davis

 

Other Info

Submitted By:  Sylvia Romero on behalf of John Davis

Department:  Financial Services

Financial Impact and Cost/Benefit Considerations: As discussed in Executive Session

 

Discussion

The Audit Committee considered the draft of the IRS Form 990 for the Cooperative for calendar year 2018 (“Form 990”), on September 16, 2019, to be filed with the Internal Revenue Service and made publicly available upon filing.  The Audit Committee is requested to recommend approval of the draft, including modifications, to the full Board at its October 18, 2019 meeting.

 

Body

BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the Form 990 as submitted to the Board this day, is approved, with such changes, if any, as were discussed and approved by the Board;

 

BE IT FURTHER RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the Chief Executive Officer, or designee, is hereby authorized to file the Form 990 with the Internal Revenue Service as the official filing of the Cooperative and make it publicly available.