EPSILON BETA OF ALPHA TAU OMEGA
BUILDING COMPANY
 
 

Minutes of the Annual Meeting of the Membership on November 11, 2006:

 

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 8:45 a.m. on Saturday, November 11, 2006. 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 President Rick Rupkey presided. He noted the presence of a quorum.

Treasurer Dwight Eller presented a financial report indicating a total of $3,174.26 in assets in alumni and operational accounts. He is collecting dues for the upcoming year.

Brother Lee Olsen briefed the membership on our investment portfolio. He indicated it is approximately $345,000.

Brother Bob Richardson briefed the membership on the status of the UofA Greek System. He indicated that the system is stronger than in previous years with fewer houses on suspension or probation.

President Rupkey briefed the membership on the Board's progress in examining the possibility of rechartering Epsilon Beta. He indicated a letter over his signature would soon be sent to the National Fraternity outlining our position on the legal risk for National Fraternities in Arizona. The ATW CEO had indicated during a visit to Tucson in January there is a larger risk in Arizona because of case law. Lawyers among our alumni have created an argument disputing that. It will be sent to ATW along with President Rupkey's letter.

Secretary Richardson placed the following names in nomination for membership for 2006-2007 on the Building Company Board of Directors: Rick Rupkey, Sr., Scott Warren, Bob Richardson, Dwight Eller, Bill Malcomb, Anthony Marrs, Robert Ruikka, Tom Sanders, David Alspach, Lee Esch, Rusty Buss, Lee Cox, Jay Richardson and Vern Myers. On a motion by Brother Eller and a second by Brother Jay Richardson, the Board was elected unanimously.

There was no Other Business considered by the Membership.

The meeting adjourned at 9:16 a.m.

These minutes were approved by the Board of Directors at it's Regular Meeting on November 18, 2006.

ROBERT A. RICHARDSON/Secretary of the Board