City Utility Commission meeting available by video teleconference on May 21

The City Utility Commission of the City of Owensboro will hold a special meeting of the Commission by video teleconference at 11:30 am on Thursday, May 21, 2020 by video teleconference, as permitted by and in conformity with KRS 61.826.

The coronavirus pandemic and the declaration of a state of emergency by the Governor of Kentucky make it infeasible for the Commission to provide meeting room conditions at a physical location where the public could observe the meeting and not be in close proximity to one another. Consequently, as permitted by the Kentucky Attorney General in OAG 20-05 and SB 150 of the 2020 Kentucky Acts, the video teleconference of the meeting will be made available to the public by live streaming and can be found at omu.org/commission/.

The video conferencing of the meeting will be conducted pursuant to the provisions of KRS 61.826. While the primary site for the meeting will be the Board Room on the third floor of the OMU Customer Service Center at 2070 Tamarack Rd., Owensboro, Kentucky, physical observation of the meeting by the public at that site will not be available, as allowed by OAG 20-05. If for any reason the video teleconference is interrupted, the meeting will be continued as an audio conference, as permitted by 2020 Kentucky Acts, SB 150, Section 1, subsection (8)(b).

The closed session portion of the meeting will not be viewable by the members of the public, as permitted under the provisions of KRS 61.810,

The agenda for the meeting will include the following:

A. MEETING OPENING — Chairman

B. AGENDA REVIEW AND MODIFICATIONS — Chairman

C. ITEMS PRESENTED FOR ACTION AT THIS MEETING

C.1. Discussion Agenda
C.1.1. Fiscal Year 2021 Annual Business Plan and Budget
C.1.2. Energy Cost Adjustment (ECA) Policy Revision
C.1.3. Fiscal Year 2021 Energy Risk Management Policy
C.1.4. Fiscal Year 2021 Energy Supply Budget with Risk Guidelines
C.1.5. Resolution Authorizing Transfer of Facility Charge Funds and ESS Bond Funds to the ESS Revenue and Investment Fund ESS and Implementation of an Asset Retirement Obligation and Regulatory Assets for ESS Decommissioning

C.2. Consent Agenda
C.2.1. Approve Minutes from the Special Meetings on April 15, 2020 and May 7, 2020
C.2.2. Ratify and Approve Disbursements for April 2020
C.2.3. Bid Recommendation for Merchant Services
C.2.4. Bid Recommendation for Property and Casualty Insurance
C.2.5. Ratify and Approve Determination and Findings – Including Purchase
C.2.6. Ratify and Approve Determination and Findings – Method of Procurement

D. PERFORMANCE REPORTS/PRESENTATIONS — Chairman

D.1. General Manager Report — Kevin Frizzell
D.2. Monthly Financial Report — Lynn Holland

E. ITEMS PRESENTED FOR ACTION AT A FUTURE MEETING — Chairman

F. GOVERNANCE ITEMS

F.1. Policy Compliance Reports
F.1.1. DM – 1: Corporate Limitations
F.1.2. DM – 1.10.2: Reserve Funds
F.1.3. DM – 1.10.3: Debt Issuance and Payment
F.1.4. DM – 1.9: Financial Planning and Budgeting

F.2. Policy Review & Development
F.2.1. Approval of General Manager Expectations for Fiscal Year 2021

G. GENERAL INFORMATION — Kevin Frizzell

H. OTHER BUSINESS — Chairman

I. UPCOMING MEETINGS

I.1. Work Session: June 4, 2020
I.2. Board Meeting: June 18, 2020

J. Closed Session to discuss personnel matters pursuant to KRS 61.810 (1)(f), pending litigation pursuant to KRS 61.810 (1)(c), and matters which are required to be discussed in privacy pursuant to KRS 61.810 (1)(k), including, but not limited to KRS 61.878 (1)(c), (i) and KRS 61.872 (6)