EPSILON BETA OF ALPHA TAU OMEGA
BUILDING COMPANY
 
 

Minutes of the Annual Meeting of the Membership on November 5, 2005:

 

The Annual General Membership Meeting of the Epsilon Beta of Alpha Tau Omega Building Company (an Arizona nonprofit corporation), at the University of Arizona was called to order at 10:16 a.m. on Saturday, November 5, 2005. The meeting was held in the Alpha Tau Omega Alumni tent on the campus of the University of Arizona in Tucson, Arizona. Approximately 20 members were present. Board Secretary Bob Richardson presided. He noted the presence of a quorum.

On a motion by Brother Sanders and a second by Brother Malcomb, the Membership approved the Minutes of the October 30, 2004 meeting.

Treasurer Dwight Eller presented a financial report indicating a total of approximately $2,100 in assets in alumni and operational accounts. He indicated that Homecoming expense would be about the same as the previous year - approximately $1,500. He is collecting dues for the upcoming year.

Brother Malcomb briefed the membership on our investment portfolio. He indicated it is approximately $340,000. That's more than a 10% gain over the previous year.

Brother Richardson briefed the membership on the status of the UofA Greek System. He indicated that the system is stronger than in previous years with few houses on suspension or probation. There was a general discussion about the possibility of starting the process to recharter Epsilon Beta. Brother Richardson indicated that would be a lengthy process which needs to start with an outreach to our alumni and getting them more involved. The Board of Directors at its meeting in October voted to approve funds for the company of Brother Lee Cox to look at our membership rolls and work to track down good e-mail addresses, phone and mailing addresses of more of our alumni. Brother Richardson indicated that once the alumni was well organized there would need to be a fundraising effort, and committees established to work with various entities. When he asked if anyone present objected to starting the process to recharter, no one voiced objection.

Secretary Richardson placed the following names in nomination for membership for 2005-2006 on the Building Company Board of Directors: Tim Abeyta, George Booth, Dwight Eller, Bill Malcomb, Tony Marrs, Bill McMahon, Bert Ratia, Bob Richardson, Robert Ruikka, Rick Rupkey, Sr., Tom Sanders, and Scott Warren. He asked for additional nominations:

Brother Malcomb nominated Clarke N. "Rusty" Buss '65. The nomination was seconded by Brother Alspach. Brother Adamson nominated David Alspach '58. It was seconded by Brother Eller. Brother Malcomb nominated Bob Shanahan '63. [Note: Brother Shanahan later declined the election. At it's 11/19/05 meeting, the Board of Directors elected Chris Scileppi '89 to replace him.] It was seconded by Brother Warren. Brother Alspach nominated Lee Esch '55. It was seconded by Brother Malcomb. Brother Richardson nominated Lee Cox '80. It was seconded by Brother Sanders. Brother Warren nominated Jay Richardson '86. It was seconded by Brother Sanders. On a motion by Brother Warren and a second by Brother Eller, Dan Johnson '85 was elected to the Board.

Hearing no additional nominations, Brother Adamson called for the question. The nominated Brothers were unanimously elected to the Building Company Board of Directors for 2005-2006.

Under Old Business, Brother Warren informed the Membership about our participation on the Buddy Walk last month. The Board donated $1,000 to the Downs Syndrome organization to support the event. He showed a t-shirt with our logo.

There was no New Business.

Following a Good of the Order, on a motion by Brother Olsen and a second by Brother Malcomb, the meeting adjourned at 11:10 a.m.

Submitted November 6, 2005 and approved as amended by the Board of Directors at its Regular Meeting on November 19, 2005.

ROBERT A. RICHARDSON/Secretary of the Board