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October 2017


www.cimarronelectric.com Cimarron Electric Annual Meeting was Great!


Cimarron Electric Cooperative celebrated it’s 81st Annual Meeting on Thursday, September 9th. Door prizes were presented to members as they arrived. After registering, everyone was served Bar-b-que beef sandwiches, chips, drinks and ice cream cups by Cimarron employ- ees. Musical entertainment was provided by the Jackson Band prior to the business meeting. Registration, food and entertainment started at 5:30 p.m.


CEO Mark Snowden


At 7:00 p.m.,CEO Mark Snowden welcomed the members and COO Jeff Hyatt began the meeting with an invocation. Mr. Hyatt then intro- duced the Board of Trustees, advising that these trustees meet month- ly and work as a team making decisions for the benefit of the Coop- erative. Mr. Hyatt then introduced President Tom Kloeppel-Dist. 6, V.P. Ron Sproul-Dist. 1, Secretary Jim Simmons-Dist. 9, Treasurer Robert Yeoman-Dist. 7, Gene Peters-Dist. 5, Chalentz Hedges-Dist. 2, Amie Reed-Dist. 4, Raymond Flatt-Dist. 8, and Rudy Patzkowsky Dist. 3.


Mr. Hyatt recognized the four winners of this years’ Washington, D.C. Youth Tour contest, Taylor Becker, (Dover) Larynx Schemer, (King- fisher), Madison Daugherty, (Watonga) and Reagan Chamberlain, (Cashion). Mr. Hyatt then recognized the “Energy Camp” participants who were Emma Duffy (Omega), Rhett Glazier (Omega), Mia Farrell, (Kingfisher) and Maggie McCall (Kingfisher). Mr. Hyatt then recog- nized Senator Darcy Jech along with his wife, Vicky and Representa- tive Mike Sanders who were in attendance.


CEO Mark Snowden reported on the great things that have hap- pened over the past year. Funds that were invested to strengthen the Cooperative’s system have been money well spent, advising that we will continue to strive each year to provide more reliable power to the members. Mr. Snowden reported on the financial strength of the Cooperative, advising that the Cooperative had spent $82 million on major storms and system strengthening projects since the end of 2010, reporting that for a Cooperative our size, to spend that amount of money might lead one to believe that the Cooperative might be in a financial crisis. Mr. Snowden reported that this could not be further from the truth and that the Cooperative’s Balance Sheet is stronger today than in its 81 year history! Mr. Snowden then reported that the Cooperative’s Board of Directors voted recently to approve the retire- ment of capital credits outstanding from the year 1987, totaling ap- proximately $500,000. (continued on page 2)


Inside this issue * Annual Meeting * Get ready for cold weather.. * Classifieds. * Miniature Cows.


* Cimarron Electrical Safety Demonstration. * Local Linemen to Hurricane Irma.


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