Board Highlights

At the regular monthly Board meeting: January 20, 2012

Approved the the December 28, 2011 Board meeting minutes
Approved one special equipment and one work order inventory
Approved retirement applications for capital credits to estates and those age 80 and over
Heard update on 3C Construction, LLC
Heard update on IEA, LLC (Alliance)
Appointed voting delegate and alternate for upcoming meeting
Had auditor give overview presentation on upcoming audit
Heard update on loan refinance options
Completed documentation for loan refinance with CoBank
Heard information on utilizing new NISC software that will integrate with present software
Approved resolution for the Long-Range Engineering Plan approved in December
Approved rescinding Basin's rate for renewable energy credit, per Basin's request
Heard report from first 2012 Nominating Committee meeting
Heard department updates
Heard reports on meetings attended
Held Executive Session

Upcoming regular Board meeting dates:
March 28, 2012 - Mandan, NDAREC Board Room - 10:30 a.m. CT
April 25, 2012 - Mandan, NDAREC Board Room - 9:00 a.m. CT
May 30, 2012 - Mandan, NDAREC Board Room - 9:00 a.m. CT

Members are welcome to attend the Board meetings at any time. Please contact Mor-Gran-Sou at cternes@morgransou.com, or call 1-800-750-8212 or 597-3301, to confirm the meeting date and location if you wish to attend.

To place an item on the Agenda, please contact Board Chairman Dave Archambault, II or Alliance Co-Manager Donald Franklund at least one week in advance.

Members may obtain a copy of approved Board minutes by completing and returning the Request For Information or Data form.