Jackson Energy Authority’s board of directors approved five resolutions during their monthly meeting at the Tennergy Center, Thursday.
“JEA’s board approved five business items today which included equipment purchases, an internet router network agreement, updates to wastewater facilities and placement of risk insurance,” Monte Jones said. “The board also heard an industrial update on a few different projects and a recap of a recent company-wide team meeting and a senior staff planning session.”
Monte Jones is the chairman of the Board of Directors at Jackson Energy Authority.
“Financial reports were reviewed and JEA’s fiscal condition continues to be strong,” Monte said. “Mention was made that JEA had not seen a TVA rate increase in the current cycle.”
Approvals and authorizations
A. Approved the purchase of transformer test equipment. Based on the comprehensive evaluation of functionality, support, safety enhancements, lifecycle costs, and overall value to Jackson Energy Authority, Management recommended the purchase of the OMICRON Transformer Test Equipment for a cost of $147,807.89.
B. Authorized a contract for installation of HVAC units at the Miller Avenue Wastewater Treatment Plant aeration basin blower buildings. The Board approved a contract with Matlock Mechanical, LLC, based on their low bid of $133,911.
C. Authorized the President/CEO or his designee to enter into a three-year agreement with Plume Networks. The Telecom Division will pay a total of $483,000 to Plume over the three-year contract term base on customer growth projections.
D. Authorized the purchase of replacement service bodies. Knapheide Truck Equipment, Olive Branch, Mississippi, had the best overall bid due to price and lead time at $211,603.
E. Approved JEA’s placement of comprehensive risk insurance coverage through the Tennessee Valley Public Power Association – Distributors Insurance Company Program for the October 1, 2026, through October 1, 2027, policy period.
(PHOTO: Monte Jones, Chairman of the Board of Directors, Jackson Energy Authority, left, and Monte Cooper, president/CEO, Jackson Energy Authority)
