TVA Board Meets In Memphis

Thursday, May 8, 2014

The Tennessee Valley Authority board of directors conducted its quarterly meeting Thursday in Memphis, where TVA’s largest customer, Memphis Light, Gas & Water, is celebrating 75 years of service.

“TVA takes pride in being a partner with MLGW,” said Bill Johnson, TVA president and CEO. “MLGW is a leader in the Tennessee Valley in encouraging its consumers to make their homes more energy efficient.”

MLGW, the largest of 155 local power companies served by TVA, is partnering with TVA on a home energy efficiency program called eScore. The program can help consumers save money on their power bills and also help TVA avoid the need and related costs for more generating capacity, Mr. Johnson explained.

In addition, MLGW brokered a partnership between TVA and the City of Memphis where TVA takes methane from the city’s wastewater treatment facility and burns it at the Allen Fossil Plant along with coal.

Mr. Johnson said that in the first half of the current fiscal year, TVA’s partnerships with its customers, Valley communities, and states, have helped create and retain 33,000 jobs. This represents a capital investment of $5.2 billion in the Tennessee Valley.

The board recognized outgoing Chairman Bill Sansom for his service to TVA, the board, and the 9 million people of the Tennessee Valley. “Bill has provided steady leadership to guide TVA through changing and challenging times since 2006,” said Joe Ritch, incoming chairman. “He was the first chairman to lead the board after it was restructured by Congress from three full-time directors to a more corporate-like body of nine part-time directors working with TVA’s first chief executive officer.”

Mr. Sansom has served two terms on the TVA board and has been elected chairman three times. During his tenure, Mr. Sansom guided development of TVA’s land policy, approved completion of the Watts Bar Nuclear Unit 2, adopted TVA’s environmental policy, helped set TVA’s strategic direction for cleaner, lower-cost power, championed improved generation fleet health, and led the charge to put TVA on a more sustainable financial path.

“Bill has dedicated a great many hours to his board service,” Mr. Ritch said. “I am honored to be following in his footsteps and will do my utmost to keep the positive momentum Bill started going strong.”

During the meeting, the board approved an extension of the Day & Zimmermann NPS contract for work on TVA’s nuclear fleet for $350 million; heard from Chief Financial Officer John Thomas that net income was up and operations and maintenance costs down for the first six months of the fiscal year; and that Watts Bar Nuclear Unit 2 is on budget and on track to become the nation’s first new nuclear generation of the 21st century in 2015.


Vista Points Inc. Hires Loretta Lynn Leda As Public Relations Marketer For East Tn. And North Ga.

Executive Director Darlene Kemp, MPH, MBA, of Vista Points Inc., announced that Loretta Lynn Leda has been hired as the public relations marketer covering East Tennessee (including the Knoxville and Chattanooga areas) as well as North Georgia.  “Ms. Leda brings with her more than 20 years experience in marketing and public relations not only in the for profit industry ... (click for more)

Chief Justice Lee Says State Judiciary In Great Shape

Tennessee Supreme Court Chief Justice Sharon Lee said Monday she could sum up the state of the judiciary in one word: Great. She then gave details to several hundred Rotary Club members who attended Monday’s weekly meeting at the Wildhorse Saloon in downtown Nashville. She emphasized how the judiciary has made innovation a recent priority, bringing in new technologies ... (click for more)

Cleveland City Schools Announces 5 Finalists For Director Of Schools

The Cleveland City Schools Board of Education announced the five finalists for the director of schools position.   The community is invited to attend the Board of Education interview session each day 6-8 p.m. at Mayfield Elementary School, 501 20 th Street NE, Cleveland. A complete schedule is attached.   Candidates:   Wednesday, ... (click for more)

Expansion By Developers Of McCallie Commons Would Raze 3 Old Houses On Oak Street

Developers of the McCallie Commons student housing at McCallie and Central are wanting to expand the project, but it would involve tearing down three old homes on Oak Street. The proposal from developer David Hudson would be an expansion of the four-story apartment building and separate parking garage with 300 parking spaces proposed that was approved earlier. The original ... (click for more)

Marvelous News From Central High School

To Roy Exum:     With all the recent news of major dysfunctions within our educational system, I thought I might alert you to something better. About a year ago you ventured up Highway 58 to Central High School to represent your late grandfather, Roy McDonald, as he was honored as a Distinguished Alumnus during the annual Senior Day festivities. I sort of expected ... (click for more)

Roy Exum: Teachers Day Tomorrow

Years ago at a ritzy dinner party in Westchester County, New York, an editor from Reader’s Digest was seated next to the prettiest woman in the room and noticed her overall glow and countenance was such that he had never noticed a tell-tale scar under her nose. After the dishes were cleared away, admit the mindless chatter, he asked if she would mind telling him about it. The ... (click for more)