Regular Meeting of the Board of Directors
of
Vermont Electric Cooperative, Inc.
To be Held August 30, 2011 at 12:00 Noon in the RPN Boardroom
At VEC offices in Johnson, Vermont

1.        Call to Order                                  

          12:00pm                                                                                                                               

2.        Regular Meeting July 26, 2011 (15 min) Board Action

 Requested:  Approve Minutes

           12:00pm – 12:15pm                                          

           Board Discussion                                              

           Approve Minutes                                              

                                                                                     
3.        Election of Treasurer (15 min) Board Action

 Requested:  Elect & Approve Treasurer

           12:15pm – 12:30pm                                          

            Elect and approve Treasurer                            

                                                                                     
4.        CEO Summary (15 min) Discussion Only

           12:30pm – 12:45pm
           Highlights of the Agenda                                 

                                                                                     
5.        Managers’ Updates (1 hr) Discussion Only

           12:45pm – 1:45pm                                     
           Financial Update                                               
           Operations Update                                             
           Corporate Services Update                               
           Safety Update                                                    
           Programs & Policy Update                                
           General Counsel Update                                    

6.        NextEra Contract Resolution Board Action Requested:  Approve Resolution & Vote

           1:45pm – 2:15pm                                            
           Board Discussion / Executive Session    
           Vote / Open Session                                         

                                                                                     
Break (15 min)                                                 

           2:15pm – 2:30pm                                              

7.        Presentation on GMP (45 min) Discussion Only

           2:30pm – 3:15pm                                             
           Presentation                                                      
          Board Discussion                                              

                                                                                     
8.        Strategic Plan (45 min) Discussion Only

           3:15pm – 4:00pm                                               
           Board Discussion                                              

                                                                                     
9.        Committee Reports Discussion Only

           4:00pm – 4:15pm                                              
           Governance Committee                                     
                                                                                     

10.      Any Other Business                                         
           4:15pm – 4:30pm                                              

                                                                                     
11.      Adjourn (or Recess)