Vinton, Louisiana

                                                                                                                                                August 18, 2015

 

                                The Governing Authority of the Vinton Public Power Authority was convened in regular session in the Town Hall, Tuesday, August 18, 2015, at approximately 6:30 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

                                                                                William “BB” Loyd, Director

                                                                                Kevin Merchant, Director

                                                                                Paul Patin, Director

                                                                                Marcus Renfrow, Director

                                                                                                                                                                               

                                                ABSENT:               None

                                                                                               

                                 ALSO PRESENT:               Cade R. Cole, Board Attorney

                                                                                                                                                                                                               

                                 President Stinson called the meeting to order.

 

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

 

                                It was moved by Director Bujard that the agenda be amended to hear an item regarding adoption of a resolution.  The motion was seconded by Director Loyd and after calling for public comments, the vote cast there on was as follows:

 

                                                                YEAS:  Directors Bujard, Loyd, Merchant, Patin and Renfrow

 

                                                                NAYS:  None

 

                                                           ABSENT:  None

 

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

 

                                                                YEAS:  Directors Bujard, Loyd, Merchant, Patin and Renfrow

 

                                                                NAYS:  None

 

                                                           ABSENT:  None

 

RESOLTUION

 

Be it Resolved by the Board of Directors of the Vinton Public Power Authority (“VPPA”) meeting in regular session on this 21st day of July, 2015 that:

 

1)     Cade R. Cole through the firm of Sigler & Raglin, APLLC has previously been engaged to represent VPPA for a retainer together with an hourly fee for work on litigation and contractual matters.

2)     The parties now desire to employ Mr. Cole directly for certain routine matters previously covered by the retainer and to engage Sigler & Raglin, APLLC directly with no retainer for other below described work.

3)     VPPA’s regular Board Attorney, Cade R. Cole, is hereby continued in that role as a part-time salaried General Counsel, with a salary of $1,000 per month (the same amount as his prior retainer).  The General Counsel’s duties shall include attendance at regular and special called board meetings and advice to the President, Secretary, and Board on routine board matters and procedural questions, and monitoring and representing VPPA in matters related to pending state legislation affecting VPPA.

4)     The law firm of Sigler & Raglin, APLLC (of which Mr. Cole is not an equity member) is confirmed as being retained as an additional Special Counsel for VPPA for all matters related to pending or potential litigation or related to contracts of, by, with, or related to the VPPA and any other party or parties. The rate shall be $150 per hour for work performed by Mr. Cole or other attorneys of the firm (the same amount as is currently set for work by Mr. Cole above the retainer).

 

Approved and Adopted on this ___ day of July, 2015 by the Board of Commissioners meeting at Vinton, Louisiana.

 

                                                                                    __________________________________

                                                                                    Kenneth O. Stinson, President

 

Attest: ________________________

            Mary 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 Bujard and carried.

                                                                                                                                _____________________________

                                                                                                                                Kenneth O. Stinson, President

ATTEST:

 

______________________________

Mary O. Vice, Treasurer