Vinton Louisiana

April 20, 2010

The Governing Authority of the Vinton Public Power Authority was convened in regular session in the Town Hall, Tuesday, April 20, 2010, at approximately 8:20 P.M. after full compliance as to notice and otherwise in respect to convening of said meeting with the following members present:

Kenneth O. Stinson, President

Bliss Bujard, Director

Harold R. Douga, Director

William “BB” Loyd, Director

Kevin Merchant, Director

Paul Patin, Director

ABSENT: None

ALSO PRESENT: Melba Landry, Secretary and Thad Minaldi, Board Attorney

President Stinson called the meeting to order.

It was moved by Director Merchant to authorize the Treasurer to pay the bills for the month. The motion was seconded by Director Loyd in and carried.

Mr. Terry Vice discussed purchasing a new or re-furbished transformer for the Dutch Bahnsen Sub-station.

After discussion, it was moved by Director Douga to authorize Mr. Vice to go out for bids on a new or re-furbished transformer for the Dutch Bahnsen Sub-station. The motion was seconded by Director Loyd and carried.

It was moved by Director Douga that the regular meeting be recessed for an executive session regarding legal matters. The motion was seconded by Director Merchant and carried.

It was moved by Director Merchant that the regular meeting be re-convened. The motion was seconded by Director Douga and carried.

It was moved by Director Douga that the following Resolution be adopted. The motion was seconded by Director Loyd and the vote cast thereon was as follows:

YEAS: Directors Bujard, Douga, Loyd, Merchant & Patin

NAYS: None

ABSENT: None

RESOLUTION

BE IT RESOLVED by the Board of Directors of the Vinton Public Power Authority, that the Vinton Public Power Authority enter into the following agreements and contracts:

1. Claims Settlement Agreement between VPPA and the City of Jasper; and

2. Jasper/VPPA Settlement Trust; and

3. Trustee Retainer Agreement between VPPA, City of Jasper, Obais Associates Limited and James F. Kenney; and

4. Power Supply Assignment Consent Agreement between VPPA, City of Jasper and Trustee of the VPPA Settlement Trust.

BE IT FURTHER RESOLVED that the President, Kenneth O. Stinson, is hereby authorized and empowered to sign the above listed agreements and contracts for and on behalf of the Vinton Public Power Authority, together with any other documents necessary, in the President’s sole discretion, to fulfill the purposes of this Resolution.

APPROVED AND ADOPTED this 20^th day of April, 2010.

_______________________________

Kenneth O. Stinson, President

ATTEST:

______________________________

Mary O. Vice, Treasurer

There being no further business to come before the governing authority, it was moved

by Director Patin that the meeting be adjourned. The motion was seconded by Director Douga and carried.

_____________________________

Kenneth O. Stinson, President

ATTEST:

______________________________

Mary O. Vice, Treasurer