VLITE Board of Directors Meeting (Summary Minutes) September 10, 2019

VLITE Board of Directors Meeting (Summary Minutes)

September 10, 2019

(1:00 PM – 4:00 PM) Stowe Electric Offices
435 Moscow Rd, Stowe, VT 05672

Welcome
In attendance: Dick Marron, Richard Rubin, Annie Noonan, Tony Klein, Peter Walke

Others: Paul Craven, Ed Delhagen, Riley Allen, Chris Cole, Maura Carroll, Karen Horn, Patty Richards, Geoff Wilcox, Cara Robechek, Geoff Brown, Darren Springer (phone), Ellen Kahler (phone)

Summary Minutes from May 21, 2019 Board meeting

1st Richard Rubin, 2nd Annie Noonan

All in favor 5 
 Abstain , No

Treasurers report

VSCEU: Savings $132,923, CD $8,632.44, Checking $804,982.82 o $946,537inVSCEU

o $609,500allocatedtogrants
A motion was made to accept the Treasurers report: 
 1st Tony Klein, 2nd Richard Rubin

All in favor 5 
 Abstain , No

• Grant requests:

The September Board meeting will be reviewing proposals for low income efficiency and renewables.

Two prior proposals (Vermont Sustainable Jobs Fund and the Vermont Public Service Department and Vermont Building and Grounds proposals, which were tabled at the May meeting because further information was required are also on the agenda).

Also on the agenda, which is time sensitive, is the WEC proposal.

Grant requests/ approvals:

o VTPublicServiceDepartment/VermontBuildingandGrounds,Vermont League of Cities and Towns, EVT proposal / $300,000

After a lengthy Board discussion, it was determined that further information was required prior to voting on this proposal.

o VermontOfficeofEconomicOpportunity(OEO)/$125,000 A motion was made to accept the grant proposal

1st Richard Rubin, 2nd Tony Klein All in favor 5
Abstain , No

o VermontEnergyEducationProgram(VEEP)/$50,000

A motion was made to accept the grant proposal

1st Richard Rubin, 2nd Peter Walke All in favor ____5_____ 
 Abstain____, No

Vermont Sustainable Jobs Fund / $75,000

A motion was made to accept the grant proposal

1st Peter Walke, 2nd Tony Klein All in favor 5
Abstain , No

Washington Electric Co-op – Grant request was withdrawn by WEC