Vinton,Louisiana

                                                                                                July 9, 2014

 

                                The President and Board of Directors of the Vinton Public Power Authority, met in special session at the regular meeting place of said President and Board of Directors, in the Town Hall, Vinton, Louisiana, at 6:00 p.m., on the 9th day of July, 2014, after full compliance with all requirements as to notice and otherwise in respect to convening of said meeting with the following members present:

 

                                                            Kenneth O. Stinson, President

                                                            Bliss Bujard, Director

                                                            William “BB” Loyd, Director

                                                            Kevin Merchant, Director

Marcus Renfrow, Director

                                                                                                                                               

                                    ABSENT:          Paul Patin, Director

                                                           

                                                           

                        ALSO PRESENT:         Ralph Gillis, Attorney and Hoke Peacock, Attorney

                                                                                               

                        Kenneth O. Stinson, President called the meeting to order and reported that the purpose of the meeting was as follows:

 

1.      Executive Session regarding Litigation against SRMPA and others.

2.      Take appropriate action, if any, on Resolution of Authority related to               Litigation against SRMPA and others.

 

It was moved by Director Loyd that the special meeting be recessed for an executive

session regarding litigation.  The motion was seconded by Director Bujard and the vote cast thereon was as follows:

 

                                                YEAS:  Directors Bujard, Loyd, Merchant and Renfrow

 

                                                NAYS:  None

 

                                             ABSENT:  Director Patin

 

                        It was moved by Director Merchant that the special session be re-convened.  The motion was seconded by Director Loyd and carried.

 

                        President Stinson announced that litigation strategy against Sam Rayburn Municipal Power Authority (SRMPA) and others had been discussed in executive session.

 

                        It was moved by Director Bujard that the following Resolution be adopted.  The motion was seconded by Director Loyd and the vote cast thereon was as follows:

 

                                                YEAS:  Directors Bujard,Loyd, Merchant and Renfrow

 

                                                NAYS:  None

 

                                             ABSENT:  Director Patin

 

                                                                       

 

 

 

   RESOLUTION

 

BE IT RESOLVED by the Governing Authority of the Vinton Public Power Authority (VPPA), in Special Session convened on July 9, 2014 that VPPA shall retain J. Hoke Peacock II and his firm Orgain, Bell & Tucker, LLP, as counsel for the purpose of filing a suit against Sam Rayburn Municipal Power Agency (SRMPA) in the United States District Court for the Eastern District of Texas, for breach of contract to recover approximately $135,000 in public monies of VPPA previously demanded from SRMPA which it has refused to pay over and the money that SRMPA wrongfully permitted EGSL to claw back from revenues that should have rightfully have been paid to us and for attorneys fees and costs and for equitable relief to require SRMPA to fulfill its obligation to obtain long term firm transmission for VPPA to serve its IP customers, and such other relief as we may be entitled to receive, and

BE IT FURTHER RESOLVED, that the President, Kenneth O. Stinson is hereby authorized and directed to execute such documents as are necessary to proceed and the Secretary, Mary O. Vice is authorized and directed to witness his signature(s) on such document(s).

APPROVED AND ADOPTED this 9th day of July, 2014.

                                                                        _______________________________

                                                                                                Kenneth O. Stinson, President

ATTEST:

_______________________________

Mary O. Vice, Secretary

There being no further business to come before the Governing Authority, it was moved by Director Loyd that the meeting be adjourned.  The motion was seconded by Director Renfrow and carried.

                                                                                                                                                                                                            ____________________________

                                                                                    Kenneth O. Stinson, President

 

ATTEST:

 

______________________________

Mary O. Vice, Secretary