See the articles in the Austin American Statesman:
Grand jury indicts former Pedernales leader, longtime lawyer June 18
Many enablers led to indictments in scandal June 20
Indictments say pair directed co-op money to relatives of PEC executives June 20
The Pedernales Electric Cooperative Board of Directors will have a special called meeting on April 6 at 11 a.m. at PEC’s Johnson City Headquarters. At the meeting, the Board will receive KPMG’s financial audits for the year ending Dec. 31, 2007, and discuss an upcoming legislative hearing (see earlier post). The Board meeting agenda has [...]
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By Jodi Lehman, Horseshoe Bay Beacon
The Pedernales Electric Cooperative Board of Directors plowed through 26 agenda items in four hours at their regular monthly meeting on Monday afternoon in Johnson City. The board adopted major changes in governance structure, election procedures and communications policies.
PEC bylaws called for a board composed of seven voting directors and [...]
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<http://www.junctioneagle.com/new_site/index2.php?option=com_content&task=view&id=2840&pop=1&page=0&Itemid=1>
Written by editor1, Junction Eagle
Wednesday, 06 August 2008
Half a million discovered in hidden account
Editor’s note: The following press release from PEC was released late Tuesday, after most newspapers had gone to press. Because the staff of The Junction Eagle was working late on the rodeo edition, we were able to include it.
Although the press release [...]
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PEDERNALES ELECTRIC CO-OP
Co-op discloses secret bank account
By <http://www.statesman.com/news/content/news/stories/local/08/06/mailto:cgrisales@statesman.com>Claudia Grisales
AMERICAN-STATESMAN STAFF
Wednesday, August 06, 2008
The Pedernales Electric Cooperative on Tuesday disclosed a $565,000 bank account that few knew existed, including General Manager Juan Garza, who took the helm of the member-owned utility in February.
The account at Cattleman’s National Bank in Round Mountain, which is the type that [...]
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FOR IMMEDIATE RELEASE August 5, 2008
TO: All PEC-area newspapers
MEDIA CONTACT: Anne Harvey, (830) 868-4933; Austin line, (512) 219-2602
PEC ends relationship with Cattleman’s National Bank
Today Pedernales Electric announced plans to end its relationship with Cattleman’s National Bank. The bank currently takes deposits for PEC’s Marble Falls, Dripping Springs, Johnson City [...]
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