Central Oklahoma Master Conservancy District

MINUTES OF THE REGULAR BOARD MEETING CENTRAL OKLAHOMA MASTER CONSERVANCY DISTRICT Thursday, February 5, 2026 6:30 P.M. Location: 12500 Alameda Dr. Norman, OK 73026 A. Call to Order President Amanda Nairn called the meeting to Order at 6:30 pm. Roll Call Board Members Present: Amanda Nairn Micheal Dean Dave Ballew Edgar O’Rear Espaniola Bowen Steve Carano Bryan Hapke Board Members Absent: None Staff Present: Kyle Arthur, General Manager Kelley Metcalf, Office Manager Others Present: Dean Couch, District Legal Counsel JD Hock, City Manager Del City Mark Roberts, Midwest City Water Treatment Plant Chief Operator Carrie Evenson, Midwest City Alan Swartz, HDR Andy Bruehl, Norman Water Treatment Plant Karen Steele, Midwest City Cole Niblett, Garver Marjorie Allert, Jenks OK Virtual None Ms. Nairn had the guests introduce themselves. Page 1 of 4 B. Statement of Compliance with Open Meeting Act Kelley Metcalf, Office Manager, stated the notice of the monthly board meeting had been posted in compliance with the Open Meeting Act. C. Administrative 1. Public Comment None 2. Yield Model and Drought Response Plan Ms. Nairn reminded the Board that Ms. Hoag from the Bureau of Reclamation had previously presented the Yield Model as a discussion item. Ms. Nairn stated the draft plan has been presented and discussed with all three cities. Mr. Arthur stated that although the District does not have the model, it is expected to be received soon. Mr. Arthur then gave an overview of the draft plan, outlining three elevation-based reduction triggers, the associated reduction methods and amounts, and the conditions for easing those reductions. The proposed reductions and their associated elevation triggers are a 10% reduction at 1033’, a 20% reduction at 1031’ and a modeled reduction starting at elevation 1029’. There was also a discussion about having a policy of communication to the cities to proactively inform them of any pending reductions. Discussion followed, and it was noted that additional meetings with the three cities may be necessary to further refine the plan. Mr. Arthur stated he is hopeful the written Yield Model and Drought Response Plan will be ready for Board consideration within the next couple of months. Ms. Nairn, along with the rest of the Board, expressed appreciation to Mr. Arthur for his hard work on this matter. 3. Treasurer’s Report Mr. Ballew asked if there were any questions and then requested that Mr. Arthur explain how power expenses and the corresponding reimbursements from the three cities are reflected in the Profit and Loss Statement and Balance Sheet. Mr. Arthur explained that, due to the timing of invoicing, payment, and accrual accounting, power expenses are recorded in the month they are incurred, invoiced to the Page 2 of 4 cities the following month, and paid afterwards. As a result, related entries appear across multiple accounts. Account 5017, Service and Safety Awards, reflected a $9,964.00 increase, attributed to employee longevity and safety bonuses. Two certificates of deposit matured and were reinvested into a corporate bond totaling approximately $401,000 at 5.1%, callable in four years. Additionally, two Treasury bills matured and were reinvested at rates of 3.5% and 3.6% respectively. The District continues to reinvest interest earnings and manage reserves in alignment with the Board’s long-term target operating account balance of approximately $1.25 million. Mr. Arthur stated that he plans to present the draft Budget at the next meeting. Ms. Nairn asked if there were any further comments or questions hearing none, she moved to the Action portion of the meeting. D. Action: 4. Minutes of the regular board meeting held on Thursday, January 8, 2026, and corresponding Resolution Ms. Nairn asked if there were any questions, comments, or edits. Hearing none she entertained a motion. Bryan Hapke made a motion seconded by Michae Dean to approve the minutes and corresponding Resolution. Roll call vote: Amanda Nairn Yes Michael Dean Yes Dave Ballew Yes Edgar O’Rear Yes Espaniola Bowen Yes Steve Carano Yes Bryan Hapke Yes Motion Passed E. Discussion 5. Legal Counsel’s Report Page 3 of 4 No written report this month. Mr. Couch said he was happy to answer any questions. 6. General Manager’s Report Please see document titled “Manager’s Report” in the packet. Mr. Arthur highlighted a couple things in the report and stated he would be happy to answer any questions or concerns. 7. President’s Report None 8. New business (any matter not known prior to the meeting, and which could not have been reasonably foreseen prior to the posting of the agenda) None F. Adjourn There being no further business, President Nairn adjourned the meeting at 7:58 P.M. Page 4 of 4