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The board of directors of Salem Electric met on December 16, 1997
at 7:00 p.m. and all board members were present.
Conservation Report
Member Services Manager, Terry Kelly reported that Salem Electric
had received an award for its recycling efforts and will be recognized in the
Statesman Journal newspaper, the Marion County Waste Matters newsletter, and at
a future Marion County Commissioners Meeting.
Manager's Report
General Manager, Bob Speckman requested that the December 1998
board meeting be moved from 12/22 to 12/15. A motion carried unanimously
to move the December meeting.
Speckman informed the board that the Oregon Rural Electric
Cooperative Association recognized Bryan Johnston with the Co-operator of the
Year award in appreciation for his support during the legislative session.
Since Mr. Johnston was unable to accept his award at the ORECA Annual Meeting,
a luncheon was scheduled for noon on January 12 at The Night Deposit restaurant
in Salem and all of the board members were invited to attend.
Forfeiture of Unclaimed Capital Credits
Administrative Services Manager, Jack Belleque said the unclaimed
capital credits for 1972 were due to be forfeited to the cooperative and that
the names and amounts had been properly published and remain unclaimed. Motion
was made by Anderson, seconded by Culver and carried unanimously to approve
Resolution 12-16-97 to forfeit to the cooperative all unclaimed capital retains
for the year 1972.
Meeting adjourned at 7:23 p.m.
--Bill Wolf, Secretary/Treasurer
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