ALASKA NATURAL GAS DEVELOPMENT AUTHORITY
JULY 7, 2003
Minutes of Board Meeting
Andy Warwick, Chairman, called the meeting to order at 9:05 A.M. All members of the Board are present. The Agenda was approved with no additions. The minutes from the Board meeting of June 16, 2003 were amended to identify the Board members making motions. The motion to nominate Andy Warwick, Chair, was made by David Cuddy, seconded by Dan Sullivan. The motion to nominate Scott Heyworth, Vice Chair, was made by John Kelsey, seconded by Dave Cuddy. Dan Sullivan moved that the minutes be approved, seconded by Robert Favretto.
The proposed Bylaws were submitted and reviewed by Martin Schultz from the Department of Law. John Kelsey suggested postponement of any action on Bylaws until the Board had time to review. Discussion followed. Any suggestions or proposed changes should be faxed or e-mailed to John or Dan before next Board meeting.
A briefing of the Valdez LNG Marketing meeting held June 28, 2003, by the board members in attendance was given and discussed.
Steve Porter presented the resumes of the applicants for the CEO position; Terry Cusdorph, Harold Heinze, Mark Helmricks, Brent Johnson, Christy McGraw, Tamara Musgrove and Lee Nunn. A motion was made by Dan Sullivan and seconded by Dave Cuddy to go into executive session to discuss resumes of candidates for CEO position. The Board went into Executive session at 10:10 A.M.
The Board meeting was reconvened at 1:15 P.M.
Steve Porter reviewed the conflict of interest issues and forms. Disclosure forms were also discussed. All conflict of interest and disclosure forms for members of the Board should be sent to Andy Warwick. Leonard Herzog, AAG, answered legal concerns regarding conflict of interest.
Representatives from ConocoPhillips presented their views on the Alaska natural gas pipeline. Presenters included Joe Marushack, Gary Endorf, Gerardo Rivera, Jack Griffin and Rick Solie. Questions and answers followed the presentation. In conclusion, Joe encouraged the Board to get (1) market data (2) engineering data and (3) connected to the market.
Harold Heinze reviewed the final Work Plan Study. Board discussion followed.
Scott Heyworth proposed that the Board send out letters to various entities regarding critical items facing the Authority.
Dave Cuddy discussed committee assignments. He identified five general committee: (1) Seller’s Committee (2) Legislative Committee (3) Marketing Committee (4) Cost and Construction and (5) Finance. Board discussion followed. Assignment of permanent committees was temporarily postponed until CEO is hired.
The Department of Revenue’s staff report was reviewed by Steve Porter. Current fax, phone e-mail and cell numbers were updated.
Representatives from Wood Mackensie (oil and gas experts) will be in town on July 18 and would like to present a workshop with a few of the Board members.
Public Comments: Paul Fuhs, Yukon Pacific Corporation, presented comments about the ConocoPhillips presentation.
Board Comments: Bob Favertto quoted “The only way of discovering the limits of the possible is to venture a little way past them into the impossible”. Scott Heyworth passed out articles from the Valdez Star and The Anchorage Chronicle.
The next meeting of the Board will be July 14, 2003 at 1:00 p.m. The out of Anchorage Board members will participate telephonically. The Board will make a selection of a CEO and the time and date of the next meeting will be discussed.
The meeting was adjourned at 5:20 p.m.
Respectfully submitted,
Linda Schwass
Commissioner’s Office
Department of Revenue
Board members present:
Andy Warwick, Chairman
Scott Heyworth, Vice Chairman
Bob Favretto
Warren Christian
John Kelsey
Dan Sullivan
Dave Cuddy
Attendees:
Steven Porter Jason Bergerson
Harold Heinze Jack Roderick
Ward Whitmore Paul Fuhs
Martin Schultz Leonard Herzog
Kristen Nelson John Bitney
John Urbina Geoff Urbina
Bill Wolhe Tim Bradner
ALASKA NATURAL GAS DEVELOPMENT AUTHORITY
JULY 7, 2003
Minutes of Board Meeting
Andy Warwick, Chairman, called the meeting to order at 9:05 A.M. All members of the Board are present. The Agenda was approved with no additions. The minutes from the Board meeting of June 16, 2003 were amended to identify the Board members making motions. The motion to nominate Andy Warwick, Chair, was made by David Cuddy, seconded by Dan Sullivan. The motion to nominate Scott Heyworth, Vice Chair, was made by John Kelsey, seconded by Dave Cuddy. Dan Sullivan moved that the minutes be approved, seconded by Robert Favretto.
The proposed Bylaws were submitted and reviewed by Martin Schultz from the Department of Law. John Kelsey suggested postponement of any action on Bylaws until the Board had time to review. Discussion followed. Any suggestions or proposed changes should be faxed or e-mailed to John or Dan before next Board meeting.
A briefing of the Valdez LNG Marketing meeting held June 28, 2003, by the board members in attendance was given and discussed.
Steve Porter presented the resumes of the applicants for the CEO position; Terry Cusdorph, Harold Heinze, Mark Helmricks, Brent Johnson, Christy McGraw, Tamara Musgrove and Lee Nunn. A motion was made by Dan Sullivan and seconded by Dave Cuddy to go into executive session to discuss resumes of candidates for CEO position. The Board went into Executive session at 10:10 A.M.
The Board meeting was reconvened at 1:15 P.M.
Steve Porter reviewed the conflict of interest issues and forms. Disclosure forms were also discussed. All conflict of interest and disclosure forms for members of the Board should be sent to Andy Warwick. Leonard Herzog, AAG, answered legal concerns regarding conflict of interest.
Representatives from ConocoPhillips presented their views on the Alaska natural gas pipeline. Presenters included Joe Marushack, Gary Endorf, Gerardo Rivera, Jack Griffin and Rick Solie. Questions and answers followed the presentation. In conclusion, Joe encouraged the Board to get (1) market data (2) engineering data and (3) connected to the market.
Harold Heinze reviewed the final Work Plan Study. Board discussion followed.
Scott Heyworth proposed that the Board send out letters to various entities regarding critical items facing the Authority.
Dave Cuddy discussed committee assignments. He identified five general committee: (1) Seller’s Committee (2) Legislative Committee (3) Marketing Committee (4) Cost and Construction and (5) Finance. Board discussion followed. Assignment of permanent committees was temporarily postponed until CEO is hired.
The Department of Revenue’s staff report was reviewed by Steve Porter. Current fax, phone e-mail and cell numbers were updated.
Representatives from Wood Mackensie (oil and gas experts) will be in town on July 18 and would like to present a workshop with a few of the Board members.
Public Comments: Paul Fuhs, Yukon Pacific Corporation, presented comments about the ConocoPhillips presentation.
Board Comments: Bob Favertto quoted “The only way of discovering the limits of the possible is to venture a little way past them into the impossible”. Scott Heyworth passed out articles from the Valdez Star and The Anchorage Chronicle.
The next meeting of the Board will be July 14, 2003 at 1:00 p.m. The out of Anchorage Board members will participate telephonically. The Board will make a selection of a CEO and the time and date of the next meeting will be discussed.
The meeting was adjourned at 5:20 p.m.
Respectfully submitted,
Linda Schwass
Commissioner’s Office
Department of Revenue
Board members present:
Andy Warwick, Chairman
Scott Heyworth, Vice Chairman
Bob Favretto
Warren Christian
John Kelsey
Dan Sullivan
Dave Cuddy
Attendees:
Steven Porter Jason Bergerson
Harold Heinze Jack Roderick
Ward Whitmore Paul Fuhs
Martin Schultz Leonard Herzog
Kristen Nelson John Bitney
John Urbina Geoff Urbina
Bill Wolhe Tim Bradner