La Plata Electric Association, Inc.

January 20, 2010

9:00 A.M. Regular Board Meeting

Durango, Colorado

I. Call to Order & Approval of the Agenda

II. Consent Board Items
A. Approval of minutes from the December 16, 2009 Board Meeting

B. Accepting new members

C. Capital credit payments to estates

III. Items Requiring Board Action

A. Director reimbursements

B. Quarterly write-offs

C. Appoint a delegate/alternate to the Annual meetings for NRECA, CREA and Western United

D. Take action on the Negative Pledge Agreement requested by Co-Bank for FastTrack-- Resolution 2010-01

IV. CEO Report

A. Discuss written report

B. Financial report plus

C. Identity Theft Prevention Program Annual Report

D. Safety and outage reports

E. Consultant and contractor report

F. ETS and water heater sales report

G. Construction & maintenance work plans

H. Capital items from 7/1/09-12/31/09

I. Director Reimbursements

V. Attorney Report

VI Noon: lunch to be served. Telecommunications discussions with Region 9 and Local Council of Governments

VII. Director Reports and Board Actions

A. Committee of the Whole Meeting, Monday, January 18^th at 9:00 A.M.

1. Presentation regarding proposed changes to points of delivery from Tri-State to LPEA

2. Strategic Planning report

B. Administration Committee

Review membership/board districts

C. Budget Finance & Audit Committee

Preliminary audit discussion

D. Operation & Planning Committee

2010-11 Two Year Work Plan and Environmental Report Approvals-- Resolution 2010-02

E. La Plata Electric Round Up Foundation

F. FastTrack Communications Report

G. Western Energy Services of Durango Report

H. Tri-State Report

I. CREA Report

J. Western United Report

K. 4CORE Report

VIII. Future Agenda Items and Committee Schedules

IX. Upcoming External Meetings

X. Executive Session (if necessary)

January 2010