Tipmont’s Board of Directors held their regular meeting on Tuesday, Jan. 23, 2018. All directors were present. Also attending were CEO Ron Holcomb and Attorney Jeff Helmerick.
The board approved Policy 211 – Aid to Construction Credit and Financing Options. Holcomb submitted his report along with other staff member reports in writing. The margin was $2,512,696. The cooperative currently has an equity rate of 43.23 percent. 975 new services have been installed year to date. The next regular meeting of the board is Tuesday, March 20, 2018.