Minutes of a Regular Meeting
of the Board
November 20, 2004
Attending:
Bert Ratia, President
Bob Richardson, Secretary
Dwight Eller, Treasurer
Bill Malcomb, Member
Scott Warren, Member
Tony Marrs, Member
President Ratia, noting the presence of a quorum, called the meeting to order at 10:15 a.m. The meeting was held in the conference room of KMSB/KTTU at 1855 North Sixth Avenue, Tucson, Arizona.
On a motion by Treasurer Eller and a second by Member Warren, the minutes of the Board meeting of April 3, 2004 were approved.
On a motion by Member Warren and a second by Member Malcomb, the minutes of the Membership meeting of October 30, 2004 were approved with the change of one word: "minutes" at the end of the second paragraph is changed to "meeting".
Treasurer Eller reported that there is a combined total of $2,829 in the alumni and operating accounts. He also reported that Homecoming expenses totaled $1,540 with income $1,570. On a motion by Secretary Richardson and a second by Member Malcomb, the treasurers report was accepted.
Member Malcomb reported that our investments, for the first time in four years, now exceed our initial amount. As of today, our total is $308,978. That represents an 8.5% increase since the first of the year. Member Malcomb reported to the Board several changes in the portfolio he and Brother Lee Olsen recently made. On a motion by Treasurer Eller and a second by Member Marrs, the investment report was accepted.
The Board held a general discussion about fundraising. The consensus was that a committee of the Board should investigate a plan to bring to the spring meeting about starting an awareness among our members that we will need to raise additional funds for the time when Epsilon Beta returns to the University of Arizona campus. At the conclusion of the discussion, President Ratia appointed Members Warren and Marrs and Treasurer Eller to that committee.
The Board agreed to schedule the spring meeting for April 2, 2005.
Member Warren engaged the Board in a discussion regarding involvement in philantrophy projects in our area. He suggested that even without a chapter we should continue to work to do good in the community. He is involved with the Southern Arizona Network for Down Syndrome and suggested we both become a sponsor and encourage our members to get involved in their projects. Their big project is a "Buddy Walk" in the fall. While there was agreement among Members, the item was placed on the April agenda for further discussion.
President Ratia led a discussion about possible social events in Tucson in 2005. After discussion, it was agreed that he would work to organize such an event in the spring and report back to the Board.
A discussion of Homecoming 2004 was led by Member Marrs and Secretary Richardson. The Board agreed to work to follow comments at the Membership meeting that a Friday night event be organized. While there would be additional discussion at the spring meeting, the Board agreed to again host a tent on the Mall in 2005. Member Warren agreed to take over the coordination of that event and planning in association with the Alumni Association.
The Board moved to election of Board officers for 2005. On a motion by Member Marrs and a second by Treasurer Eller, the following were elected officers of the Board for 2005:
President - Bert Ratia
Vice President - Scott Warren
Secretary - Bob Richardson
Treasurer - Dwight Eller
Under Old Business, Member Marrs reported on efforts to investigate the acquisition of property in the University area. No commercial land seems to be available, but he suggested taking a look at purchasing a residential property. Secretary Richardson indicated he had placed a phone call to an ATW Alumni who owns some pieces of property in the area, but had not yet talked with him.
There was no New Business.
Following Good of the Order, the Board
Meeting adjourned at 11:43 a.m.
These minutes were amended and approved at a special meeting of the EB Board on April 2, 2005.
__________________________________.
Signed:
Bob Richardson
Secretary