Regular Meeting of the Board of Directors
of
Vermont Electric Cooperative, Inc.
To be Held April 27, 2010 at 12:00 Noon in the RPN Boardroom
at VEC offices in Johnson, Vermont

1. Call to Order
12: 00 p.m.                                                            

2. 3-30-2010 and 4-1-10 cont. of 3-30-10 BOD Minutes – Board Action Requested:
12:00 p.m. – 12:15 p.m.
Approve Minutes
1. Board Discussion
2. Approve Minutes

3. Financial Update – Discussion Only:
12:15 p.m. – 12:45 p.m. 
Board Discussion
1. Report on Capital Budget Management Plan                                                    

4. Kingdom Community Wind – Discussion Only:
12:45 p.m. – 1:15 p.m.  
1. Board Discussion.

 5. Hyde Park Territorial Rationalization - Discussion Only: Executive Session
1:15 p.m. – 2:00 p.m. 
1. Executive Session Board Discussion of Negotiation 

6. VELCO / VEPPSA – Discussion Only:
Executive Session
2:00 p.m. – 2:15 p.m.  
1. Executive Session Board Discussion of Personnel Issues   

Break to honor departing Board member, Howard Leighton, in employee kitchen
2:15 p.m. – 2:35 p.m.                                   

7. VEC Annual Meeting - Discussion Only:
2:35 p.m. – 2:50 p.m. 
1. Board Discussion

8. Management Updates – Discussion Only:
2:50 p.m. – 3:05 p.m. 
1. Board Discussion 

9. Committee Reports
3:05 p.m. – 3:25 p.m.   
1. Power Supply – Discussion Only
 a) Committee Report to Board
2. Communications Committee – Discussion Only 
a) Committee Report on Touch Stone Energy
3. Finance Committee - Board Action Requested:
Approval to conduct RFP for audit
a) Committee Report to Board services.
b) Review RFP for Audit Services
c) Approve RFP 

10. Any Other Business   

11. Adjourn