Government : VMEU Moves forward with Broadband Project

The VMEU Board met last night and voted to continue to proceed with the necessary steps toward the broadband project.

In old business the board approved:

-a resolution to approve the initial user rates

-a resolution on Electric Revenue Loan Agreement

-Approve VMEU & VMCU respective CIP's

-status on financial analysis/timeline

-status report on partnerships with CFU, ImOn & WIN

-status on sales/Customer service site

-status on positions needed to operate sales/customer service office

-status of open line person job opening

-consider monthly energy adjustment

In new business:

-approved resolution to adopt reporting policy for federal project grants

-approved resolution to approve purchasing policy

-approved resolution adopting policy regarding conflict of interest

-Received and filed March Financial report

-discussed bids on Generation Plant 0 East "high bay" roof re-coat