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2 ex-CUC board members honored
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Posted on Sep 12 2004
The Commonwealth Utilities Corp. has commended two of its former board members in appreciation of their contribution to the agency.
CUC chair Francisco Q. Guerrero and the rest of the board presented plaques to former board members Francisco Camacho—represented by his wife—and Rosario M. Elameto.
A graduate of the Federal Bureau of Investigation National Academy, Camacho was appointed to the CUC board in June 2001. He resigned seven months later. He now works with Palau Micronesia Air.
According to Guerrero, Camacho assisted CUC by identifying utility problems, creating protocols for fraud prevention, and financial controls in procurement and public bids. He also joined his colleagues in the CUC board in effort to pay CUC’s debt to the Commonwealth Development Authority and avoid disconnection of government utilities, the CUC chair added.
“He honorably chaired a newly created Committee for Water Improvements, for which he investigated field problems and began solutions such as desalination or newer technologies,” Guerrero said. “Unfortunately, he was called back to the private sector prior to the end of his term.”
Members of the CUC board of directors serve a term of four years.
A board member from 1994 to 2002, two-time CUC chair Elameto was described as the “most decorated and honored CUC board member.”
Elameto’s achievements, according to Guerrero, include implementing customer relief by releasing security deposits for customers with good credit history, and leading the board in making CUC the first CNMI agency to adopt the Anti-Drug and Alcohol Policy.
Elameto also worked on the creation of the Credit and Collections Group under the CUC customer service department.
Guerrero said the creation of that CUC unit has resulted in the payment of the inherited $7 million debt to Mobil Oil Micronesia, $2.2 million to local vendors, and an additional $2 million to local contractors by the end of 1994.
“Most importantly, the corporation purchased yen at its lowest price and also paid the $26 million once owed to Mitsubishi for the final delivery and installation of two generators at the main power plant in Lower Base. (Agnes E. Donato)
