NOTICE OF INTERMOUNTAIN POWER AGENCY
BOARD OF DIRECTORS MEETING
THE INTERMOUNTAIN POWER AGENCY (IPA) BOARD OF DIRECTORS WILL CONVENE A MEETING OF THE BOARD ON MONDAY, FEBRUARY 2, 2026, FROM 9:00 A.M. MOUNTAIN TIME TO 1:00 P.M. MOUNTAIN TIME (TIMES ARE APPROXIMATE), AT HYATT PLACE CONVENTION CENTER, 1819 SOUTH 120 EAST, ST. GEORGE, UT 84790, AND VIA ZOOM
ZOOM MEETING LINK:
https://us02web.zoom.us/j//9843637279
Meeting ID: 984 363 7279
Dial-in Number: (669) 900-9128
A G E N D A
1. INTRODUCTIONS AND ANNOUNCEMENTS (NICK TATTON, BOARD CHAIR)
- IPA BOARD CHAIR ITEMS
- BOARD COMMITTEE REPORTS
2. CONSIDERATION OF APPROVAL OF THE, OCTOBER 20, 2025, NOVEMBER 4, 2025, AND DECEMBER 2, 2025, BOARD OF DIRECTORS MEETING MINUTES
3. ELECTION OF BOARD OFFICERS (ERIC BAWDEN)
4. OPERATING AGENT Q&A (GREG HUYNH)
- POTENTIAL DISCUSSION OF IPP SUBCOMMITTEE ACTIVITIES
- POTENTIAL DISCUSSION OF OPERATING CONDITIONS AND RESULTS
- POTENTIAL DISCUSSION OF CONSTRUCTION ACTIVITIES
- POTENTIAL DISCUSSION OF IPP RENEWED
5. IPA MANAGEMENT REPORTS
- GENERAL MANAGER (CAMERON COWAN): UPDATE ON IPA FINANCIAL AND OPERATING CONDITIONS, RESULTS AND PLANS
- ASSISTANT GENERAL MANAGER (BLAINE HAACKE): REPORT ON ACTIVITIES RELATED TO IPP RENEWED
- ACCOUNTING MANAGER (LINFORD JENSEN): UPDATE ON FINANCIAL CONDITION AND RESULTS AND OUTSIDE AUDITOR ACTIVITIES
- TREASURY MANAGER (VANCE HUNTLEY): UPDATE ON FINANCING ACTIVITIES, DEBT SERVICE, INVESTMENT OF FUNDS AND FUNDING NEEDS
- AUDIT MANAGER (CODY COMBE): UPDATE ON COMPLETED, ONGOING AND PLANNED AUDITS
6. INTERMOUNTAIN POWER SERVICE CORPORATION (IPSC) ENVIRONMENTAL REPORT (DAHL DALTON)
7. ANNUAL DISCLOSURE REPORT TRAINING (ERIC BAWDEN)
8. REPORT ON THE UTAH LEGISLATIVE ACTIVITY (MARK BUCHI)
9. POTENTIAL CONSIDERATION OF CLOSED MEETING FOR ONE OR MORE OF THE FOLLOWING PURPOSES:
- CONDUCT A STRATEGY SESSION TO DISCUSS MARKET CONDITIONS RELEVANT TO A BUSINESS DECISION REGARDING THE VALUE OF AN IPA ASSET IF THE TERMS OF THE BUSINESS DECISION ARE PUBLICLY DISCLOSED BEFORE THE DECISION IS FINALIZED AND A PUBLIC DISCUSSION WOULD: (A) DISCLOSE THE APPRAISAL OR ESTIMATED VALUE OF THE IPA ASSET UNDER CONSIDERATION; OR (B) PREVENT IPA FROM COMPLETING ON THE BEST POSSIBLE TERMS A CONTEMPLATED TRANSACTION CONCERNING THE IPA ASSET;
- DISCUSS A RECORD, THE DISCLOSURE OF WHICH COULD CAUSE COMMERCIAL INJURY TO, OR CONFER A COMPETITIVE ADVANTAGE UPON A POTENTIAL OR ACTUAL COMPETITOR OF, IPA;
- DISCUSS A BUSINESS DECISION, THE DISCLOSURE OF WHICH COULD CAUSE COMMERCIAL INJURY TO, OR CONFER A COMPETITIVE ADVANTAGE UPON A POTENTIAL OR ACTUAL COMPETITOR OF, IPA; AND
- DISCUSS A MATTER, THE DISCUSSION OF WHICH OUTSIDE A CLOSED MEETING WOULD PREVENT IPA FROM GETTING THE BEST PRICE ON THE MARKET.
10. ADJOURN
11. TIME AND PLACE OF NEXT SCHEDULED MEETING
1:30 P.M. MST (12:30 P.M. PST)
TUESDAY, MARCH 3, 2026
LOS ANGELES MARRIOTT BURBANK AIRPORT
2500 N. HOLLYWOOD WAY
BURBANK, CA 91505
Notice of Special Accommodations (ADA)
For individuals needing special assistance during the meetings, please contact Caitlyn Cottrell at 801-938-1333.