February 2017 Special Meeting Minutes
MOUNTAIN PARKS ELECTRIC, INC.
Special Meeting of the Board of Directors
February 15, 2017
Present: Richard Zieff, Jeff Hauck, Justin Fosha, Liz McIntyre, Peggy Smith, Tom Sifers, Kayci Green, Stacie Dellamano, and Levi Williamson.
Call to Order
Vice President Zieff called the meeting to order at 9:00 a.m.
Determination of Quorum
A quorum was declared.
There was no public comment.
Resolution to Implement Revenue Deferral Plan
Sifers and Dellamano presented a resolution approving a revenue deferral plan by which MPEI will defer $750,000.00 of 2016 margins and recognize it in $250,000.00 increments between 2018 and 2020.
MOTION: Director McIntyre moved to approve the resolution as presented. The motion passed unanimously.
The Meeting adjourned at 9:15 a.m.