Title
Draft Resolution - Approval of 2020 Operational Expense Budget Amendment for Systems Vegetation Maintenance - R Arellano
Other Info
Submitted By: Renee Oelschleger on behalf of Richard Arellano
Department: Support Services
Financial Impact and Cost/Benefit Considerations: Expenditures of $5,800,000; no additional staff time expected (other than ordinary processing requirements)
Discussion
In order to support ongoing Cooperative vegetation needs, an operational expense budget amendment of $4,300,000 is requested for the system vegetation maintenance program. An additional amount of $1,500,000 is needed in district operations for increased localized work (hot shot work and outage restoration) for vegetation maintenance. The total $5,800,000 budget request would be used to continue trimming trees for the safety and reliability of the PEC system.
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE, that the Board approve an amendment to the Cooperative's 2020 Operational Expense Plan Budget as described herein; and
BE IT FURTHER RESOLVED, that the Chief Executive Officer or designee is authorized to take such actions as needed to implement this resolution.