MVEC’s Annual Meeting is typically held the first Tuesday evening of April. It’s a chance for members to learn more about the cooperative, including financial standing, a review of the previous year and plans for the future.
Due to ongoing pandemic conditions, it was held via WebEx in 2020 and 2021
Materials regarding the 84th Annual Meeting
The 84th meeting was hosted by Board President Brent Lawrence on Tuesday, April 6, and featured cooperative updates from CEO Ryan Hentges and Gerry Mareck, vice president of finance.
All three incumbents were returned to the Board of Directors for three-year terms, and a variety of bylaw changes were adopted. A total of 3,923 votes (all by mail) were cast. This is 9.1% of 39,586 eligible MVEC voters. Results were certified by independent election vendor Survey & Ballots Systems of Eden Prairie.
- Incumbent Tom Wolf of Credit River Township was re-elected with 738 votes. Challenger Kirt Briggs of Prior Lake received 508 votes. Wolf received 59% of the 1,251 votes cast in District I, which covers portions of Prior Lake, Savage, Burnsville, Credit River and Elko-New Market.
- Incumbent Bill Heinlein of Chanhassen was re-elected with 892 votes. Challenger Mary Leizinger of Victoria received 470 votes. Heinlein received 65% of the 1,366 votes cast in District II, which covers portions of Carver, Hennepin, Sibley and Scott counties.
- Incumbent Kevin Gibbs ran unopposed in District III, which covers portions of Scott, LeSueur, Rice, Blue Earth and Waseca counties. Under MVEC bylaws, an online poll was conducted during the meeting to return him to his seat by acclamation.
The restated bylaws passed by 70% — 2,915 yes votes and 864 no votes.
Lawrence gave a special tribute to Vice President of Finance Mareck, whose financial presentation at the Annual Meeting was his final duty at MVEC upon starting retirement after nearly 22 years at the cooperative.
- 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
Unapproved Minutes of the 84th Annual Meeting
Minnesota Valley Electric Cooperative
Tuesday, April 6, 2021 via WebEx
Via WebEx, Board President Brent Lawrence welcomed everyone to the virtual 84th Annual Meeting of Minnesota Valley Electric Cooperative. Six (6) 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. Also introduced was Basin Electric Power Cooperative’s Senior Vice President of Member Services and Administration, Chris Baumgartner.
President Lawrence called the meeting to order and announced a quorum was present and proof of the 2020 Annual Meeting minutes publication was confirmed.
Chief Executive Officer Ryan Hentges provided a comprehensive review of 2020. He discussed what an electric cooperative is, where it fits in in the energy world, MVEC’s performance, and issues to focus on in the future. Safety and Security were highlighted as well as reliability, communications and community involvement. All areas focusing on the pursuit of serving the members. Hentges asked if there were any questions and one was received pertaining to electric vehicles. Questions previously submitted through the annual meeting registration process were also acknowledged.
Vice President of Finance Gerry Mareck reviewed 2020 audited financials, discussed the balance sheet and operating expenses. MVEC received a clean audit report and is well positioned for the future maintaining competitive rates both nationally and locally. VP of Finance Mareck asked if there were any questions regarding the financial report; there was none. President Lawrence then stated the motion to activate the online poll to approve the 2020 Financial Report: motion carried.
Yes Votes – 53% No Votes – 0% No Answer – 47%
President Lawrence asked for Unfinished Business; there was none.
President Lawrence asked for New Business; there was none.
In a pre-meeting slideshow, MVEC 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 was also announced.
Attorney Paul Johnson conducted a voice vote to elect Kevin Gibbs of District III by acclamation. An online poll was activated; motion carried. Attorney Johnson then recapped the results of the Director Elections, noting 3,923 ballots were received.
District I – 3-year term
- Tom Wolf – 738 votes
- Kirt Briggs – 508 votes
District II – 3-year term
- Bill Heinlein – 892 votes
- Mary Leizinger – 470 votes
District III – 3-year term
- Kevin Gibbs – Unopposed
Acclamation of Kevin Gibbs – District III
- Yes Votes – 49%
- No Votes – 0%
- No Answer – 51%
Restated Bylaw Vote
- Yes Votes – 2,915 votes
- No Votes – 864 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. Meet this year’s recipients
Annual Meeting Questions