
We are awaiting a second meeting with LTS and Labor Relations for discussions about the Fossil sale impacts to staffing and structure at the Lab. We have past history with the merging of groups as well as re-organizations that we will look to for guidance going forward. For Linden Cogen we are in the process of setting up meetings to discuss the calculation of the incentive bonus as well as the implementation of double time for the 12 hour shift members. As of this writing there is no firm date for the closing of the sale of the Fossil plants to Arclight Capital Partners. The Federal Energy Regulatory Commission (FFERC) has identified multiple "deficiencies" with the sale application that need to be addressed before they can approve the sale. We will be watching the FERC website to see when they update their meeting docket for a better idea of a closing timeline. We have signed a 1 year contract extension with Meridian Services, the property management company that operates the heat and hot water plant that supplies the Edna Mahan women's correctional facility in Hunterdon County. The extension provided for a 2.75% raise, a one- day off with pay ratification bonus, the addition of Martin Luther King Jr. Day and Juneteenth as paid Holidays, and language securing the payment of unused accrued vacation upon separation as well as first right of refusal to operate the new equipment to be operated on site to replace the existing heat and hot water plant.
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