MINUTES OF THE REGULAR MEETING OF THE

POWER AUTHORITY OF THE STATE OF NEW YORK

 

October 30, 2007

 

Table of Contents

 

            Subject                                                                                                              

            Introduction                                                                                                                

1.             Minutes of the Regular Meeting held on September 25, 2007                       

2.             Financial Reports for the Nine Months Ended September 30, 2007, Exhibit    ‘2-A’

3.             Report from the President and Chief Executive Officer                         

4.             Power for Jobs Program – Extended Benefits, Exhibit  ‘4-A’
Resolution

5.             Power for Jobs Program and Energy Cost Savings Benefits Compliance Review,  Exhibit  ‘5-A’ – ‘5-B’ 
Resolution

6.             Allocation of 1,990 kW of Hydropower Benefits, Exhibit ‘6-A’  ‘6-A1’ '6-A2' '6-A3' ‘6-A4’
Resolution                                                                                                                                                

7.             Request to Approve Extensions to the Terms of Service for Nine Existing Expansion Power Customers , Exhibit ‘7-A’ 
Resolution

8.             Transfers of Industrial Power      
Resolution

9.             Economic Development Power Programs – Service Tariff Amendments – Notice of Adoption, Exhibit ‘9-A’  
Resolution

10.          Governmental Customers– Consolidation of Service Tariffs – Notice of Adoption, Exhibit ‘10-A’– ‘10-C’ 
Resolution

11.          NYC/DEP East Delaware and Neversink Hydroelectric Facilities Change Order to North American Energy Services Contract 
Resolution

12.          Security Enhancement Program – Phase III – Security Enhancement Project – Expenditure Authorization 
Resolution

13.          New York Power Authority Other Post-Employment Benefits Trust Fund:  Selection of Investment Managers and Authorization to Appoint an Additional Dealer for the Taxable Commercial Paper Program, Exhibit ’13-A’ 
Resolution

14.          Amendment to the Authority’s By-laws, Exhibit   ’14-A1’ – ‘14-A2’
Resolution

15.          Amendments to the Authority’s Governance Committee  Charter and Audit Committee Charter, Exhibit ’15-A1’ – ‘15-A2’
’15-B1’ – ‘15-B2’
Resolution

16.          Appointment to the Governance Committee                                            
Resolution

17.          Election of Executive Vice President – Energy Marketing  and Corporate Affairs 
Resolution

18.          Proposed Schedule of Trustees’ Meetings in 2008         
Resolution

19.          Resolution – Leonard N. Spano              

20.          Motion to Conduct an Executive Session                                                       

21.          Motion to Resume Meeting in Open Session                                                 

22.          500 MW Combined Cycle Project – Settlement of Claims                            
Resolution

23.          Next Meeting                                                                                                      

            Closing

Minutes of the Regular Meeting of the Power Authority of the State of New York held at the Clarence D. Rappleyea Building at 11:00 a.m.:

The following Members of the Board were present at the following locations:

                                Frank S. McCullough, Jr., Chairman

                                Michael J. Townsend, Vice Chairman

                                D. Patrick Curley, Trustee

                                James A. Besha, Sr.Trustee

                                Robert E. Moses, Trustee

                                Thomas W. Scozzafava, Trustee

 

                                Elise M. Cusack, Trustee – Excused

 

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Roger B. Kelley                                    President and Chief Executive Officer

Thomas J. Kelly                                   Executive Vice President, General Counsel and Chief of Staff

Joseph Del Sindaco                             Executive Vice President and Chief Financial Officer

Gil C. Quiniones                                   Executive Vice President – Energy Marketing and Corporate Affairs

Vincent C. Ves