March 2024 Agenda

PUBLIC NOTICE OF A REGULAR MEETING OF THE
NORTHERN ILLINOIS MUNICIPAL POWER AGENCY,
A JOINT MUNICIPAL ELECTRIC POWER AGENCY
ORGANIZED PURSUANT TO 65 ILCS 5/11-119.1

Notice is hereby given, pursuant to the Illinois Open Meetings Act, 5 ILCS 120/1.01, that a regular meeting of the NORTHERN ILLINOIS MUNICIPAL POWER AGENCY (NIMPA) will be held Thursday, March 21, 2024 at 10:30 AM, at the RMU Technology Center, 910 Technology Parkway in Rochelle, Illinois. The agenda for the meeting is as follows:

1.       Call to Order and Roll Call

2.       Approval of regular session meeting minutes from February 22, 2024.

   Documents:

February-22-2024-regular-session-minutes.pdf

3.       Discussion: Potential General Manager Position

                Documents:

NIMPA-Time-Spent-Mar-2024-Meeting-Update.pdf

4.       Van Buren Consulting Group – Legislative Update
                    a. HB 5021 – Status as of 3/15/24: Public Utilities Subcommittee
                    b. SB 3637 – Status as of 3/15/24: Energy and Public Utilities Committee

      Documents:

HB-5021-and-SB-3637-NIMPA-Summary-of-Pertinent-Topics.pdf

5.       Financial Report
                   a. Monthly Financials from January 2024

     Documents:

January-2024-NIMPA-Financials.pdf

b. Discussion – Closure Fund Investment Options

     Documents:

NIMPA-Plant-Closure-Fund-Investment-Alternatives.pdf

6.       Management / Operations Report

     Documents:

Monthly-Management-Report-January-2024.pdf
Supplementary-Management-Report-Details-January-2024.pdf

7.      General Counsel Update

8.      2024 Update to Rate Comparison Study

     Documents:

NIMPA-2024-Rate-Comparision-Study-Proposal.pdf

9.      NIMPA Remote Online Participation
                   a. License Agreement Purchase – Zoom; Teams; Other?
                   b. Utilization policy for monthly meetings

     Documents:

NIMPA-online-meeting_conference-software-platform.pdf

10.     EXECUTIVE SESSION (Discussion of contracts relating to the purchase, sale or delivery of electricity from the Prairie State Project; Litigation related to the Prairie State Generating Company)

11.    Action Items from Executive Session

12.    Old Business
                   a. Website Distribution of Monthly Board Packet Materials

13.    New Business
                   a. Illinois generation and storage projects

14.    Comments
                   a. Board
                   b. Public 

15.    Motion to adjourn