EPSILON BETA OF ALPHA TAU OMEGA
BUILDING COMPANY
 
 

Minutes of a Regular Meeting of the Board of Directors
 

 A regular meeting of the Board of Directors of the Epsilon Beta of Alpha Tau Omega Building Company was held on Saturday, November 25, 2000, at 346 South Calle de Madrid, Tucson, Arizona.

 This is the first meeting of the new Board elected by the membership at the annual meeting on November 11, 2000.

 Present: Dwight Eller, David Tick, Bill Malcomb, Bob Richardson
Absent: Bill McMahon, Tim Abeyta

 Also in attendance, alumni coordinator David Alspach.

 The meeting began at 10:10 a.m.

 Brother Eller passed out copies of the Board’s current By-Laws to everyone and there was a general discussion about updating the By-Laws.  He also discussed the current accounting system in place.  He also notified the Board that Brother Larry Adamson had volunteered to handle legal aspects of the Board.

 Brother Malcomb brought the Board up to date on the financial situation.  There was general discussion about the Board’s investments.  Brother Malcomb told the Board he would meet with Lee Olsen and Neil Stoltz in California in the near future to evaluate our current portfolio and would e-mail members of the Board with his recommendations.

 Board Member Bill McMahon joined the meeting at 10:30 a.m.

 The Board moved toward the election of officers.

 On a motion by Brother Malcomb with a second by Brother McMahon, Bob Richardson was nominated for President.  No other names were placed in nomination and Brother Richardson was elected President by acclamation.

 On a motion by Brother Richardson with a second by Brother Malcomb, David Tick’s name was placed in nomination for Vice President.  No other names were placed in nomination and Brother Tick was elected Vice President by acclamation.

 Brother Richardson was elected Secretary by acclamation.

 Brother Eller was elected Treasurer by acclamation.

 Brother Richardson suggested to the Board that it organize itself through the establishment of several standing committees.

 After discussion, the following committees were established:

· University Relations: Brothers Malcomb and Richardson will serve on this committee that will maintain relations with the University of Arizona and other Greek organizations.

· Alumni Coordination:  Brothers Tick and McMahon will work with alumni coordinator Alspach to maintain strong communication with EB alumni everywhere and Tucson ATO members.

· Capital Campaign:  Brothers Malcomb and Tim Abeyta will work to propose to the Board ways to raise additional capital over the next several years.
 

Brother Richardson agreed to work with Brother Eller to evaluate our current By-Laws and make recommendations to the Board in the future as to how they can be updated and simplified.

 On a motion by Brother Tick with a second by Brother Eller, the meeting adjourned at 11:00 a.m.