EMC board seeks proposals for forensic audit

The board of directors of Grady Electric Membership Corporation last Wednesday authorized President and General Manager Thomas A. (Bo) Rosser Jr., to solicit proposals from two or three firms for the purpose of conducting a forensic audit of the member owned co-op, according to newly elected District 6 director Gordon Clyatt.
Clyatt says he offered a motion to solicit proposals from firms to audit a minimum of 30 years including all corporations and LLCs owned by Grady EMC during the last 20 years. He reports his motion was approved.
Last Wednesday’s board meeting was Clyatt’s first since being elected at the EMC annual meeting held Oct. 20.
Clyatt says he also offered a motion that each director shall receive the upcoming monthly board meeting agenda 72 hours in advance of the meeting and it would be the responsibility of each board member to pick up the meeting agenda packet from the EMC headquarters once it was completed. This motion was also approved, Clyatt reports.
The new District 6 director says he also pushed for the board’s monthly meetings to be open to the members, but he says the board did not approve that motion.
According to Clyatt, objections raised by the other board members to the idea of opening the meetings to the membership ranged from people coming and discussing business and issues other than EMC business to one director commenting that the board did not want “people” in the board room.
Clyatt said he had hoped the board would allow members to come and listen to the board’s discussions and deliberations, but would have to make a request to address the board and identify the topic for discussion a minimum of five days prior to the board meeting, but the board did not support him.
“These are some good first steps. I’m disappointed the board would not go along with opening the meetings up to the members, but we must remain patient. I ran on a platform of bringing complete transparency to Grady EMC and I will continue to work to achieve that goal,” Clyatt said.

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