goals

• prevent board of directors politics and ideologies from interfering with best business practices

• ban local governments and special interest groups from influencing SMPA policies

• eliminate cooperative electric utility practice which requires consumers to invest annually in SMPA

Revise SMPA Bylaws

• eliminate patronage capital

• reduce number of directors from five to seven

• limit president of board of directors one-year terms to no more than three consecutive and six lifetime -OR- president elected by all all consumers system-wide and term of office same as other directors

• arrange director district boundaries to limit Telluride - Mountain Village - Placerville area to no more than two director positions

• provide election bonus votes to candidates with significant (TBD) prior cooperative or municipal electric utility experience

• limit board of directors expenses and associated expenses to not more than 0.25 percent of total annual operating expenses

Reorganize

• create regional self-governing Community Choice Energy (CCE) units

• convert SMPA tonon-cooperative not-for-profit structure such, as Public Utility District, Power Authority or Limited Liability Company (LLC) to own and operate, maintain and construct electric plant and to perform billing, accounting, purchasing & stores, metering and engineering services for the regional CCEs

• convert entire electric utility service area to one Public Utility District, Power Authority or LLC