1.

Call to Order

M. Armentrout

10:00 a.m.

2.

Consent Agenda Items 3, 10a (PRR713, PRR721,PRR724, RMGRR054, RMGRR058, SCR749)

M. Armentrout

10:05 a.m.

3.

Approval of August 21, 2007 Minutes* (Vote)

M. Armentrout

10:10 a.m.

4.

CEO Report

B. Kahn

10:15 a.m.

5.

Operating Reports

10:20 a.m.

a. Financial Summary Report*

S. Byone

b. Market Operations Report*

R. Giuliani

c. IT Report*

R. Hinsley

6.

EILS Report*

K. Saathoff

10:25 a.m.

7.

Nodal Program Update*

J. Sullivan

10:40 a.m.

8.

IBM Report on Nodal Progress*

D. Skillern (IBM)

11:25 a.m.

9.

Lunch

11:45 a.m.

10.

TAC Report

M. Dreyfus

12:45 p.m.

a. Protocol Revision Requests (PRR701, PRR717, PRR725, PRR726)* (Vote)

M. Dreyfus

b. 2008 CSC & Transmission Zones* (Vote)

M. Dreyfus

11.

Finance & Audit Committee Report

C. Karnei

2:00 p.m.

a. 2008 Budget Approval* (Vote)

C. Karnei

b. Acceptance of 401(k) Audit* (Vote)

C. Karnei

c. Approval of Creditworthiness Standards* (Vote)

C. Karnei

12.

H. R. & Governance Committee Report

C. Gallagher

2:15 p.m.

13.

Other Business

M. Armentrout

2:30 p.m.

14.

Future Agenda Items*

M. Armentrout

2:35 p.m.

Adjourn to Executive Session

15.

Executive Session

M. Armentrout

2:40 p.m.

a. Approval of August 21, 2007 Minutes* (Vote)

M. Armentrout

b. Contract Matters* (Vote)

M. Armentrout

c. Personnel

M. Armentrout

d. Litigation*

M. Armentrout

e. Other Business

M. Armentrout

Adjourn to Open Session

16.

Vote on Matters from Executive Session

M. Armentrout

3:00 p.m.

Adjourn