Members gathered to hear how the Cooperative operated in 2016 at REC's 78th Annual Meeting
REC members gathered at REC’s Multi Purpose Center for its 78th Annual Meeting. Beautiful sunny weather brought 435 members together for a free health fair, entertainment and a review of the operations of the Cooperative.
Many members visited the free health fair conducted by the Lindsay Municipal Hospital, South Central Medical Resource Center, the Lindsay Emergency Medical Services and Physical Therapy Central. Several people enjoyed breakfast provided by the local Kiwanis Club while many others made their way inside to listen to the bluegrass band, Choctaw Line from Oklahoma City, Okla. The members of Choctaw Line met at different festivals and jams and eventually got their start at the 2015 Guthrie Bluegrass Festival.
Once the members made their way inside, many stopped at the different booths and learned more about what the Co-op is doing and what it has to offer.
The business portion of the meeting began as REC Board of Trustees President Gary Jones discussed the future of electricial needs and electric vehicles.
Next, Chief Executive Officer Dale Nye covered the financials and reported the Cooperative was doing well. He reported on the recently conducted a cost of service study, sales, revenues, equity and the costs associated with providing power to members for the year 2016.
REC members approved the re-election of three Board of Trustees' members during the registration process. Re-elected for a three-year term were: Brent Bacon, District One, Office Two; Larry Anderson, District Two, Office Two and Charles Crawford, District Three, Office Two.
Throughout the meeting approximately 120 gifts were won by those in attendance. In addition to the regular prizes given away, seventy-five $75 gift certificates for electricity were given away. The grand prize winners of the three $500 gift certificates for electricity were Eron Wilkins of Lindsay, Gerald Hayes of Purcell and Brenda Broussard of Lindsay. The two children’s grand prize winners were Hilda Lopez from Lindsay and Levi Dean from Maysville.