From the Boardroom – April 2022

by Dion Cooper, President & CEO

The Board of Directors held meetings on April 25 to conduct its regular monthly Board Meeting to discuss and review several agenda items. During the meetings, they approved the Minutes of the last Board meeting and accepted the reports of the Attorney, President and Vice Presidents. In addition, Southwest Arkansas Telecommunication & Technology also held a regular Board Meeting.

SWAECC Agenda Items Reviewed and Actions Taken

Thomas & Thomas presented their report regarding the mailing and receipt of Proxy cards and the official notice of meeting, notice to members and the annual report. The Board accepted the report and authorized the acceptance of three proxies that were questionable and rejected all proxies that did not have a valid signature.

The Board reviewed and accepted charge-offs of inactive accounts with balances greater than zero and a discontinued date prior to September 15, 2020.

The Board authorized a payment of Approximately $1,548,222 for the 2022 property taxes.

The Board authorized the Cooperative to make a contribution of $1,000 to the NRECA International Foundation.

The Board reviewed and accepted the report of the Cooperative’s Identity Theft Prevention Program and the Privacy of Nonpublic Personal Information policies. In addition, the Board approved the changes to the Anti-Harassment Policy.

A lead sponsorship was authorized for the annual Ashgrove Charity Golf Tournament.

A donation of $500 was approved for the Center Point Volunteer Fire Department.

The Board named the President/CEO as an authorized representative of the Cooperative to purchase real property and execute, affirm or sign any documents required in connection with said purchases of real property.

The Board approved 91 new member applications making the total number of members to date 18,834.

SWATT Agenda Items Reviewed and Actions Taken

The President presented several updates including future fiber installation, current pre-registrations for service and on general funding and grants.