Minutes of the Annual Meeting of the Power - New York Power ...

April 24, 2007
16. Election of Authority Non-Statutory Officers and Amendment of Annual Meeting Date
SUMMARY
The Corporate Secretary submitted the following report:
“The Trustees are requested to consider the election of certain non-statutory officers of the Authority and to
amend the date of the Authority’s Annual Meeting from April to March.
BACKGROUND AND DISCUSSION
“Article IV, Section 2 of the Authority’s By-laws provides for the election of certain non-statutory officers
by the Trustees. Section 3 of the same Article provides that such non-statutory officers shall hold office for a term
expiring at the Trustees’ next Annual Meeting, or until their successors are elected.
“Pursuant to enactment of the Public Authorities Accountability Act of 2005, as Chapter 766 of the Laws
of 2005, the date by which various annual reports and other annual reporting documents of the Authority must be
filed with the Governor’s Office, the respective offices of the legislative leaders and the Office of the State
Comptroller has been amended to require the filing of such reports and documents by March 31 st . As many of these
very same annual reports were previously considered and adopted by the Trustees at the annual meeting that
traditionally has occurred in April, it now makes sense to amend the time of the Authority’s Annual Meeting from
April to March.
RECOMMENDATION
“It is recommended that the following non-statutory officers provided for in Article IV of the By-laws,
adopted December 18, 1984, and last amended on April 28, 2006, be elected by the Trustees to hold office for terms
expiring at the next annual meeting of the Trustees in 2008, or until their successors are elected:
Timothy S. Carey
Thomas J. Kelly
President and Chief Executive Officer
Executive Vice President and General Counsel
Chief Operating Officer
Vincent C. Vesce
Executive Vice President – Corporate Services and Administration
Executive Vice President – Power Generation
Joseph M. Del Sindaco
Anne B. Cahill
Executive Vice President – Chief Financial Officer
Corporate Secretary
“For the reasons set forth above, it is recommended that the date of the Authority’s Annual Meeting be
changed from April to March of each year beginning in March 2008.”
The following resolution, as submitted by the Corporate Secretary, was unanimously adopted.
RESOLVED, That pursuant to Article IV, Section 2 of the
Authority’s By-laws, the following individuals are hereby appointed to the
position listed next to their name for terms expiring at the next annual
meeting of the Trustees in 2008, or until their successors are elected:
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