MEC’S 2017 ANNUAL MEETING
Make Plans to Attend Today
Missoula Electric Cooperative’s (MEC) annual meeting is an important gathering to review the accomplishments of the past year, and identify the opportunities and challenges of the future.
Very few organizations are uniquely positioned like MEC to bring together members of our local communities around a common goal- the mission of SERVICE to our members. Whether you are a regular attendee, if it’s been a few years, or if you have never attended the annual meeting, we hope that you will take the time to meet with your fellow co-op members.
First and foremost, MEC’s Annual Meeting is designed to take care of the important business of your co-op. This year the members in Trustee Districts 5 and 7 will be voting for the representative of their choice. In addition, the Board is asking all members to consider two By-law amendments aimed at strengthening the governance of your cooperative. Director biographies and an explanation of the proposed By-law amendments are included on the following pages. I would also like to remind everyone voting by mail to follow the ballot instructions closely and be sure to sign the envelope to properly validate your ballot.
Another important purpose of the annual meeting is to update the membership on the financial condition of your cooperative. Rick Matusiak from Summers McNea in Billings will provide the results of our recently completed audit. During 2016, MEC’s total utility plant eclipsed $86 million dollars with the addition of nearly 200 new services and the completion of a variety system maintenance projects. Electric rates were unchanged in 2016 with the cooperative realizing a net margin for the year ending December 31 of $1,796,710, compared to $1,749,184 for the same period one year ago.
Sadly, the MEC Annual Meeting will be one of Rick’s final duties as he “officially” retired at the end of 2016. Congratulations and thanks go out to Rick for his many years of service to MEC and its members- all the best to you in retirement.
Gary Wiens, Assistant General Manager of the Montana Electric Cooperative Association (MECA) will be joining us again this year to provide an update on issues affecting cooperatives across the State of Montana. Gary is a familiar face at our annual meetings, and is part of the MECA team working tirelessly to ensure that the collective voice of Montana’s cooperative members are heard loud and clear.
MEC is connected to our communities by more than just powerlines. All cooperatives serve both an economic and social purpose, and while safe, reliable and affordable electric power is crucial to our mission, improving the quality of life for all members is also at the core of what we do every day. I hope that everyone can spend some time before the annual meeting begins to check out the displays that highlight work being done in the area of safety, reliability, community service and our subsidiary Energy Partners just to name a few. These booths are all staffed by local experts- the skilled and dedicated employees of MEC and Energy Partners that are the best in the business, and we couldn’t be more proud of the work they do.
This year’s event will be held on March 18, 2017 at the University of Montana, UC Ballroom. A detailed schedule is included in the Official Notice on the following page. I look forward to seeing you there.