We successfully completed our 2021 Annual Meeting. Election results for the three Board of Director positions were as follows:
District #1: Patricia Jordan
District #4: Brett Costley
District #6: Rosemary Lohrke
The new Board President is Director Erika Paleck. Director Jim Buxton will remain Vice President and Director Mark Ludeman was appointed Secretary/Treasurer.
The 2021 Election ballot requested a revision to the WOEC Bylaws. The majority vote was yes and the following revision will be made:
Article VII. Non-Profit Organization to add Section 3. Patronage Refunds in Connection with Furnishing Other Services.
ADD: In the event that the Cooperative should engage in any business other than electric energy, including by a wholly owned subsidiary, all amounts received and receivable therefrom which are in excess of costs and expenses properly chargeable against the furnishing of such business may in the discretion of the Board of Directors, insofar as permitted by law, be prorated on a patronage basis and returned to those patrons from whom such amounts were obtained or in whose interest the business was conducted at such time and in such order of priority as the Board of Directors shall determine.
EXPLANATION: This bylaw change allows the Board of Directors the option of allocating, on a patronage basis, net funds received from non-electric services activity to the extent the Board determines such allocation is in the best interests of the membership as a whole.
I would like to take this opportunity to thank all our members who took the time to participate in this annual election.
Interim General Manager