Four from Wimberley are candidates for PEC board of directors

Ballots, candidates’ biographical information and voting instructions will be mailed to all PEC members by May 9

Press Release
Pedernales Electric Cooperative
CONTACT: Kay Jarvis (830) 868-4961
media@peci.com

At its April 16 Board meeting in Johnson City, Pedernales Electric Cooperative’s Board of Directors announced that eight PEC members will run for director positions in the 2012 Board election.

The Cooperative’s membership will elect directors for Board districts 1, 6 and 7. There are three candidates running for the district 1 position, four candidates running for the district 6 position, and one candidate running for the district 7 position.

The following candidates, listed in the order they will appear on the ballot, achieved nomination by getting the required 100 member signatures and completing other official paperwork:

Mayfield

Halbert

Clement

–  Director, District 1: Mark Mayfield, Marble Falls; Cristi Clement, Marble Falls; James P. Halbert, Burnet

–  Director, District 6: Larry Landaker, Wimberley; Linda Kaye Rogers, Wimberley; Mike (Doc) Cantu-Withoff, Canyon Lake; Michael Donegan, Wimberley
–  Director, District 7: Dr. Patrick Cox, Wimberley

Landaker

Rogers

Ballots, candidates’ biographical information and voting instructions will be mailed to all PEC members by May 9. The order of candidates on the ballot was determined by a random drawing conducted by representatives of Survey & Ballot Systems (SBS), the independent company managing PEC’s balloting.

Cantu-Withoff

Donegan

PEC will be holding five events where members can meet Board candidates and hear them communicate their credentials, experience and views. The first event will be held Thursday, May 3, at 5:30 p.m. at PEC headquarters, located at 201 S. Ave. F in Johnson City. Each candidate will have four minutes to address topics of their choice, and video of the May 3 presentations will be posted to PEC’s website. Members in attendance will have the opportunity to speak with candidates after the presentation portion of the forum. 

Cox

Four additional “meet the candidates” events will be held at PEC’s offices in Kyle (May 15), Bertram (May 16), Marble Falls (June 5) and Sattler (June 6). Each of these events also will begin at 5:30 p.m.

Also on the ballot this year is a member vote on amendments to Article VIII of the Co-op’s Articles of Incorporation. Article VIII, Section 1 requires PEC to set aside funds each year in a reserve to pay any interest and principle that may be owed during the next year. This reserve is to be set aside after PEC pays all costs — including principle and interest on borrowed funds.

Because PEC already pays all owed interest and principle each year, the Co-op’s Board and management propose eliminating the Article VIII, Section 1 mandate and adding the payment of interest and principle as an allowable use of the general reserve required by Section 2. This would give PEC the flexibility to use extra funds to pay back or avoid debt, distribute capital credits to members, or to use toward other necessary Co-op expenses.

Members will be able to vote by returning completed ballots to SBS by mail using the included prepaid return envelopes or by voting online through SBS’s secure website. Mail-in and online voting must be completed by June 15. Ballots will not be accepted at PEC’s offices. Members also will be able to vote in person at PEC’s annual meeting June 23 in Kyle, where election results will be announced.

More information about the PEC election is available at www.pec.coop/election.