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, APRIL 20, 2026, FROM 9:00 A.M. MDT TO 11:00 A.M. MDT (TIMES ARE APPROXIMATE), AT INTERMOUNTAIN POWER AGENCY, 10653 S. RIVER FRONT PARKWAY, SUITE 120, SOUTH JORDAN, UTAH 84095, 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 FEBRUARY 2, 2026, AND MARCH 3, 2026, BOARD OF DIRECTORS MEETING MINUTES
3. 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
4. RESOLUTION IPA-2026-006
CONSIDERATION OF APPROVAL OF DELEGATION OF AUTHORITY TO NEGOTIATE AND EXECUTE CERTAIN AGREEMENTS ON BEHALF OF INTERMOUNTAIN POWER AGENCY
5. RESOLUTION IPA-2026-007
CONSIDERATION OF DESIGNATION OF UTAH MUNICIPAL PURCHASERS' REPRESENTATIVE TO THE IPP COORDINATING COMMITTEE AND THE IPP RENEWAL CONTRACT COORDINATING COMMITTEE
6. 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 DEBT SERVICE, INVESTMENT OF FUNDS AND FUNDING NEEDS
- AUDIT MANAGER (CODY COMBE): UPDATE ON COMPLETED, ONGOING AND PLANNED AUDITS
7. INTERMOUNTAIN POWER SERVICE CORPORATION (IPSC) ENVIRONMENTAL REPORT (DAHL DALTON)
8. IPA BOARD TRAINING
- IPA POLICY ON ETHICAL BUSINESS CONDUCT (ERIC BAWDEN)
- IPA TRAVEL EXPENSE REIMBURSEMENT FORM (CAMERON COWAN)
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
9:00 A.M. MDT
MONDAY, MAY 18, 2026
INTERMOUNTAIN POWER GENERATING STATION
850 WEST BRUSH WELLMAN ROAD
DELTA, UT 84624
Notice of Special Accommodations (ADA)
For individuals needing special assistance during the meetings, please contact Caitlyn Cottrell at 801-938-1333.