Paul Purcell, chairman of Baird Financial, paid Board members at Jackson Energy Authority a visit, and outlined a detailed message about the pension program at the utility division.
“They are managing our pension … we had them in to help us try to understand where pensions on a national level are going,” said Jim Ferrell, president of Jackson Energy Authority. “It was a great presentation by them, and this was kind of our first piece of our board training on pensions.”
During its September meeting, the board also approved eight resolutions, which included –
- The purchase of distribution transformers
- The purchase of a 161kV Breaker for Oakfield Substation
“We have some age issues and maintenance problems, and we will be replacing some of that equipment,” Ferrell said.
- The purchase of LED Floodlights
- The purchase of three phase automatic reclosers for the Electric Division
- The resolution authorizing a contract for Water and Wastewater Line Relocation Interstate 40 Widening
- The resolution authorizing the purchase of wholesale Internet Connectivity
- The resolution to adopt Telecommunications service rate adjustments
- The resolution approving the JEA Retirement Plan Investment Policy Statement
(PHOTO: The Tennergy Building, 250 North Highland Avenue)
David Thomas, Twitter – @DavidThomasWNWS
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