Vinton Louisiana

                                                                                                                                                May 17, 2011

 

                                The Governing Authority of the Vinton Public Power Authority was convened in regular session in the Town Hall, Tuesday, May 17, 2011, at approximately 7:00 P.M. after full compliance as to notice and otherwise in respect to convening of said meeting with the following members present:

 

                                                                                Kenneth O. Stinson, President

                                                                                Bliss Bujard, Director

                                                                                Harold R. Douga, Director

                                                                                William “BB” Loyd, Director

                                                                                Kevin Merchant, Director

                                                                                               

                                                ABSENT:               Paul Patin, Director

                                                                                               

                                 ALSO PRESENT:               None

                                                                                                                                                               

                                 President Stinson called the meeting to order.

 

                                It was moved by Director Douga to authorize the secretary to pay the bills for the month.  The motion was seconded by Director Loyd and carried.

 

                                President Stinson announced that the VPPA credit rating was moved up from BBB to A- by Standard & Poors Rating Agency.

 

                                President Stinson reported on the status of the Cambridge Project.

 

                                There being no further business to come before the governing authority, it was moved

by Director Douga that the meeting be adjourned.  The motion was seconded by Director Loyd and carried.

                                                                                                                                _____________________________

                                                                                                                                Kenneth O. Stinson, President

ATTEST:

 

______________________________

Mary O. Vice, Treasurer