Oct. 8, 2007

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0 height="100%"><tr> <td valign="top" width=150 BGCOLOR="#FFFFFF" TEXT="#080000" background="11d966b2egerdp.jpg"> <div> <IMG SRC="11c64550.gif" border=0 width="100" height="85" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></div> <div> <A HREF="index.htm" TARGET="_top" TITLE="Home"><U>Home</U></A></div> <div> <A HREF="id41.htm" TARGET="_top" TITLE="Board Meetings"><U>Board Meetings</U></A></div> <div> <B>REGULAR</B></div> <div> <A HREF="id249.htm" TARGET="_top" TITLE="June 18, 2007"><U>June 18, 2007</U></A></div> <div> <A HREF="id250.htm" TARGET="_top" TITLE="July 16, 2007"><U>July 16, 2007</U></A></div> <div> <A HREF="id275.htm" TARGET="_top" TITLE="Sept 17, 2007"><U>Sept 17, 2007</U></A></div> <div> <A HREF="id276.htm" TARGET="_top" TITLE="Oct. 15, 2007"><U>Oct. 15, 2007</U></A></div> <div> <A HREF="id277.htm" TARGET="_top" TITLE="Nov 19, 2007"><U>Nov 19, 2007</U></A></div> <div> <A HREF="id329.htm" TARGET="_top" TITLE="Dec 17, 2007"><U>Dec 17, 2007</U></A></div> <bR> <div> <B>SPECIAL</B></div> <div> <A HREF="id273.htm" TARGET="_top" TITLE="Sept. 10, 2007"><U>Sept. 10, 2007</U></A></div> <div> <A HREF="id274.htm" TARGET="_top" TITLE="Sept 24, 2007"><U>Sept 24, 2007</U></A></div> <div> <A HREF="id270.htm" TARGET="_top" TITLE="Oct 1, 2007"><U>Oct 1, 2007</U></A></div> <div> <B>Oct. 8, 2007</B></div> <div> <A HREF="id272.htm" TARGET="_top" TITLE="Oct 22, 2007"><U>Oct 22, 2007</U></A></div> <div> <A HREF="id269.htm" TARGET="_top" TITLE="Nov 12, 2007"><U>Nov 12, 2007</U></A></div> <bR> <div> <B>VOTE RESULTS</B></div> <div> <A HREF="id134.htm" TARGET="_top" TITLE="bylaw 020407"><U>by-law 02-04-07</U></A></div> </td> <td valign="top" BGCOLOR="#FFFFFF" TEXT="#080000" background="0638d653.jpg"> <bR> <div> <TABLE BORDER="1" CELLPADDING="5" CELLSPACING="0" WIDTH="661" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ALL" ALIGN="LEFT" HSPACE="0" VSPACE="0" BGCOLOR=#FFFFCC > <tR> <tD VALIGN=TOP HEIGHT= 704 ><NOBR><bR> <div> <TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="613" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ALL" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP COLSPAN=3 HEIGHT= 112 WIDTH="617"><div> Special Board of Directors Meeting Minutes</div> <div> Monday, October 8, 2007</div> <div> 4:45 p.m. - Administration Building</div> <bR> <div> President Jim Marsh called the meeting to order at 4:45PM.</div> <bR> </tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=2 HEIGHT= 57 ><NOBR><div> Members Present:</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="464"><div>   President Dr. Jim Marsh, Vice- President- Ms. Maxine Hartman, Treasurer-Mr. Pete Dowling, Secretary-Ms. Helen Hege, Asst. Secretary- Mr. Carl Beauchamp and Member - Mr. Kenny Bush.</div> </tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=2 HEIGHT= 75 ><NOBR><div> Also Attending:</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="464"><div> Mr. Gary D. Rader-General Manager,</div> <div>  Mr. John Otey, Mr. G. Tim Armstrong, Mr. Paul Ross, All Attorneys at Law.</div> <bR> </tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=2 HEIGHT= 25 WIDTH="151"><div> Absent:</div> </tD> <tD VALIGN=TOP WIDTH="464"><div> Mr. Todd McGilton</div> </tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=3 HEIGHT= 375 WIDTH="617"><div> Motion was made to move to Executive Session by Ms. Hege.  Seconded by Ms. Hartman.</div> <bR> <div> Motion carried 6 to 0.</div> <bR> <div> Motion was made to come out of Executive Session by Mr. Bush.  Seconded by Mr. Beauchamp. </div> <bR> <div> Motion carried 6 to 0.</div> <bR> <div> Motion was made for the sale of land at Falconhead by Mr. Dowling.  Seconded by Ms. Hartman.</div> <bR> <div> Motion carried 6 to 0.</div> <bR> <div> Sale of land - (Attached Copy)</div> <bR> <div> Motion to adjourn was made by Ms. Hege.  Seconded by Ms. Hartman.</div> <bR> <div> Motion carried 6 to 0.</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=2 WIDTH="584"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="584" HSPACE="0" VSPACE="0"></tD> </tR> </TABLE></div> <bR> </NOBR></tD> </tR> </TABLE></div> <bR> <bR> <bR> </td> </tr></table></body>