MVEC will once again present its Annual Meeting via WebEx due to the restrictions of Covid-19 during the time the meeting was planned. Ballots will be sent out by mail in March. Proposed bylaws changes can be examined here. There is a seat open in each of our three districts, and candidate biographies/goals can be read here.
Join us 7 p.m. Tuesday, April 6.Register Now
Registrants will receive a personal email with attendance instructions closer to the event.
Materials regarding the 84th Annual Meeting
Below is the information that normally would be presented at our annual meeting. We invite you to review it at your leisure.
- Pledge of Allegiance
- Spirit of Our Cooperative
- Recognition of MVEC’s Operation Round Up Program
- MVEC Board of Director Introductions
- Call to Order and Establishment of Quorum
- Proof of Publication
- Business Meeting Presentations
- Ryan Hentges, Chief Executive Officer – 2020 Cooperative Overview
- Gerry Mareck, Vice President Finance – 2020 Financial Review
- Unfinished and New Business
- Paul Johnson, MVEC Legal Counsel – Acclamation Voice Vote by Members of District III for Kevin Gibbs
- 2021 Election Results
- 2021 Bylaw changes approved/not approved
Minutes of the 83rd Annual Meeting
Minnesota Valley Electric Cooperative
Tuesday, September 15, 2020 ▪ 7:00 PM ▪ WebEx
Via WebEx, Board President Brent Lawrence welcomed everyone to the virtual 83rd Annual Meeting of Minnesota Valley Electric Cooperative. Five (5) MVEC staff were onsite at MVEC headquarters, with masks and socially-distanced, to present the meeting.
President Lawrence led the Pledge of Allegiance and read MVEC’s Spirit of our Co-op.
President Lawrence recognized the efforts of MVEC’s Operation Round Up Trust Board Members: John Miller, Carolyn Christopherson, Connie Meeker, Dick Peterson, Carol Ragan, Jeanne Zwart, Dwayne Glenn, Pam Peters and Pam Weiers. President Lawrence introduced the Board of Directors: Fran Barten, Jim Connelly, Deb Erickson, Kevin Gibbs, Gary Haberman, Bill Heinlein, Brent Lawrence, Michelle Morrison and Tom Wolf.
President Lawrence called the meeting to order and announced a quorum was present; proof of publication was confirmed. 2019 Minutes were approved by the membership as printed via an online poll.
Chief Executive Officer Ryan Hentges provided a comprehensive review of 2019. The importance of safety and reliability was emphasized as well as MVEC’s goal to provide exceptional member experiences, community involvement, and a look to the future.
CEO Hentges asked if there were any questions and received a variety of responses via WebEx chat to address ranging from wholesale agreement negotiations, future construction plans, and renewables. Questions previously submitted through the annual meeting registration process were also acknowledged.
Vice President of Finance Gerry Mareck reviewed 2019 audited financials. Highlights included recognition of 2019 being a solid year financially with a retirement of over $1.4 million in Capital Credits, balancing of affordable rates and prudent investments in capital and labor, receiving a clean audit report and maintaining competitive rates both nationally and locally. VP of Finance Mareck asked if there were any questions regarding the financial report. A question was posted regarding compensation.
President Lawrence then stated the motion to activate the online poll to approve the 2019 Financial Report: motion carried.
Yes Votes – 59% No Votes – 0% No Answer – 41%
President Lawrence asked for Unfinished Business; there was none.
President Lawrence asked for New Business; there was none.
MVEC previously announced the awarded $1,000 scholarships to fifteen high school seniors – five from each of the three districts. The winner of the Basin Power Electric Cooperative scholarship and Youth Tour representative were also previously announced.
Attorney Paul Johnson conducted a voice vote to elect Michelle Morrison of District II by acclamation due to the postponement of the April 7, 2020 in person annual meeting.
An online poll was activated; motion carried. Attorney Johnson then recapped the results of the Director Elections, noting 2,981 ballots were received
District I – 3-year term
- Brent Lawrence – 665 votes
- Barbara Marschall – 369 votes
District II – 3-year term
- Michelle Morrison – Unopposed
District III – 3-year term
- Fran Barten – 1,551 votes
- Terri Gulstad – 396 votes
President Lawrence thanked employees, fellow directors, candidates and the membership for making this a successful virtual meeting.
President Lawrence stated the motion to activate the online poll to adjourn the meeting, which was approved by the membership.
MVEC is proud to award sixteen $1,000 scholarships for member-students’ continued education. Though their senior year has been interrupted by the pandemic, we wish them the best as they take the next step in their educational path. Individuals will be recognized here once recipients are chosen.
Thank you for signing up to attend our Virtual Annual Meeting. We hope the information presented will be beneficial in learning more about YOUR cooperative. If you have questions at any time, please feel free to ask them here.