Board of Directors Meeting
February 15, 2014



Members Present:
Reid Allen, Stan Bowers, Bart and Shirley Carroll, Louie Ford, Larry Madick, Don Medley, Jan and Ron Robertson and Craig Wallace.

Call to Order:
At 11:00am by Jan Robertson, President.

Approval of Minutes:
The minutes of the meeting for January 25, 2014 were approved as presented. Medley/B Carroll.

Treasurer's Report:
Treasurer Craig Wallace presented fiscal data reports through January 31, 2014 for the Club and Club Foundation. The reports were accepted and approved. Bowers/Madick. There was discussion regarding weak ornament sales; it was suggested that Dave Wallach seek support from Phoenix to improve our approach especially with regard to tour groups.

Division 10 Announcements:
1. Larry Madick announced that the 2/14/13 Division 10 DCM will be held at the Citibank location, start time 5:15pm.

Old Business:
1. There was additional discussion regarding fund raising. This discussion also took place in the general club meeting and merits further comment (see announcements).  

New Business:
1. None

New Business:
Considerable discussion occurred regarding future float funding. The target amount will be a shared obligation between the CNH Comm, our Club, KI and other sources. The Club target is estimated to be 1/3 of the annual float cost of about $75,000. New funding activities might include: Santa Anita Derby Day, Pancake Breakfasts, an Off-track betting party, restaurant co-operative parties and other events. These ideas will be made a major agenda item for our March 29, 2014 Club and Board meeting

The next meeting will include Committee, Club and Board and is scheduled for March 29, 2014 at 9:00am at the regular meeting room @ CITI Bank, Pasadena. An April 26th meeting of Club and Board @ 10:00am was also set. The meeting was adjourned at 11:40am.

  Back to Meetings