Vinita – Thomas Kimball, a founding member of the Owasso Economic Development Authority in 1986, is the newest member of the Grand River Dam Authority Board of Directors. Appointed to the GRDA Board by Oklahoma Senate President Pro-Tempore Brian Bingman, Kimball replaces outgoing board member and Tulsa Mayor Dewey Bartlett and will fill the balance of a seven-year term expiring August 29, 2017. He joined the board at its November 14 meeting in Vinita.
“We are excited to have someone with the breadth of knowledge and experience of Tom Kimball on the GRDA Board,” said GRDA Chief Executive Officer/Director of Investments Dan Sullivan. “I have known Tom for several years and recognize his interest in economic development and Oklahoma in general. We are looking forward to his insight and wisdom as we move forward.”
Kimball has 51 years of experience in the retail business, spending 17 years in the corporate structure and 34 years with his private companies. In 1996, he entered the housing development business as president of Silver Creek Development. Since 2005 he has been an active member of the board of Spirit Bank. He is a former member of both the Tulsa and Owasso chambers of commerce and continues to be active in the retail, housing development and banking sectors.
“I have had a passion [for economic development] for many, many years and have dedicated a lot of my efforts to it during the last 15 years,” said Kimball when he addressed the GRDA Board for the first time. “I want my grandchildren to be able to remain here [in Oklahoma] when seeking employment.”
Headquartered in Vinita, GRDA is Oklahoma’s state-owned electric utility; fully funded by revenues from electric and water sales instead of taxes. Directly or indirectly, GRDA’s low-cost, reliable electricity serves nearly 500,000 homes in Oklahoma and stretches into 75 of 77 counties in the state. At no cost to Oklahoma taxpayers, GRDA also manages 70,000 surface acres of lakes in the state, including Grand Lake, Lake Hudson and the W.R. Holway Reservoir. Today, GRDA’s 500 employees continue to produce the same “power for progress” that has benefited the state for 75 years.
GRDA is governed by a seven-member board of directors comprised of representatives from each GRDA customer class (municipals, electric cooperatives and industrials) as well as the GRDA lakes area. Two at-large representatives also sit on the board. Appointments are made by the Oklahoma Governor (3), Speaker of the Oklahoma State House of Representatives and President Pro-Tempore of the Oklahoma State Senate. Two other board positions are ex-officio positions, filled by the general manager of the Oklahoma Association of Electric Cooperatives (OAEC) and executive director of the Municipal Electric Systems of Oklahoma (MESO) or by their designees.
Board members serve staggered, seven-year terms, with one position opening each year, to ensure continuity. Board meetings are on the second Wednesday of each month and open to the public.
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