0808Vinton,Louisiana

                                                                                                August 8, 2013

 

                                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 approximately 8:30 p.m., on the 8th day of August, 2013, 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

Paul Patin, Director

Marcus Renfrow, Director

                                                                                                                                               

                                    ABSENT:          None

                                                           

                        ALSO PRESENT:         Cade R. Cole, Board Attorney   

                                                                                               

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

 

1.      To discuss and/or transact business pertinent to Notice of Termination under the Supplemental Requirements Power Supply Agreement.

2.      To discuss and/or transact business pertinent to Partial Waiver Agreement and Amendment to Supplemental Power Supply Agreement.

3.      To discuss and/or transact business pertinent to Settlement Agent Contract, Amendment No. 1. 

 

                        It was moved by Director Merchant that the President be authorized and directed to execute, and the Secretary authorized and directed to witness and attest, the Notice of Termination under the Supplemental Requirements Power Supply Agreement, substantially in the form presented with any material changes as required and confirmed with the advice of energy counsel.  The motion was seconded by Director Loyd and carried.

 

                        It was moved by Director Patin that the President be authorized and directed to execute, and the Secretary authorized and directed to witness and attest, the Partial Waiver Agreement and Amendment to Supplemental Power Supply Agreement, substantially in the form presented with any material changes as required and confirmed with the advice of energy counsel.  The motion was seconded by Director Merchant and carried.

 

                        It was moved by Director Merchant that the President be authorized and directed to execute, and the Secretary authorized and directed to witness and attest, the Settlement Agent Contract, Amendment No.1, substantially in the form presented with any material changes as required and confirmed with the advice of energy counsel.  The motion was seconded by Director Loyd and carried.

                       

                       

 

 

 

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 Bujard and carried.

 

                                                                                    ____________________________

                                                                                    Kenneth O. Stinson, President

 

ATTEST:

 

______________________________

Mary O. Vice, Secretary