E
Meeting called to order 7:42 p.m., 8/27/91.
Present were: Sandy, Hal, Kristie, Helen, Jeannie, Dini, Theresa, Dave
Minutes of July meeting were read and approved.
Finance Comm. Met 8/26 and discussed money problems. We have collected $5030 from membership drive. Our bank balance is #3500 (approx.) Helen added uncollected pledges are approximately $3600. We need about S25,000,00 to get a good start. The business plan is in the works and is more complicated than anticipated. The committee will meet again next Wednesday to continue work on it. Hopefully it will be finished and distributed to the board before the next regular board meeting. National Cooperative Bank may be a good source of capital. Helen passed out management Services Description and other F.O.R.C. correspondence. Discussed I.R.S. regulations about volunteer labor discounts being taxable income, needing calculation and reporting. Also discussed Corporate Membership.
Location: Helen passed out a plan submitted to inspection department. Response was that we needed a sprinkler system, at least over the bathrooms downstairs. Alternative to this was a window of twenty square feet. Theresa suggested to do everything asked for by inspectors, wait for building permit, then meet with contractor and get sequence of projects. Sandy and Helen, have done weeding and general clean-up outside. Sandy suggested combining two lousy bathrooms into one. Helen put forth a building prep plan as suggested by Theresa, detailing costs, requirements, number of people, raw materials with an overseer/manager to insure the work gets done. Helen will ask Bob Jacksy or other available person. Bldg. prep committee will find manager to do this.
Fundraising Kristie sent a letter to be signed by the board, thanking those who have joined. She will send it out. We expect to raise $1500 at the 9/7/91 fundraiser. Board census was to have no alcohol (avoiding liquor licence hassles).
Education Newsletter timing is off by one month. Articles are due by 9/24 meeting.
–We voted to have a special board meeting on 9/10/91. Other special meetings will be decided upon as needed.
–Dave will get table, chairs, coffee maker for fundraiser, Theresa will help bring them to the store.
Membership No committee meeting. Should we call those whose pledges have not come in? Theresa suggested a letter with a return envelope. Next newsletter will be the last to those not joining. We will reprint 200 more for new people. Dan Wilkins will print membership cards (barter for membership).
Sue Blesnik will compose a policy statement which we will model after other coop's policy statements. We asked about getting a public service announcement on channel 30 (WGTE public station) to promote fundraiser. We are incorporating as Toledo Natural Food Cooperative dba Phoenix Earthfood Coop
. We formed a personnel committee and Theresa accepted the chair. Kristie agreed to sit on the committee. We will advertise in the Blade for a manager.