MINUTES OF THE June 13, 2004 BOARD OF DIRECTORS MEETING

Call to order:  President Byron Steinert called the meeting to order at 5:05 p.m.
 
Directors present: Steinert, Meffley, NeVille, Smith, Da Costa, Stern, Mahaffey, Kauder and Reed.
Directors absent:  Perring, Howard-Davila

Approval of minutes:  It was moved by Reed and seconded by Stern to accept the
April 18,  2004 minutes.  Unanimously approved.

Treasurer’s Report:
  

a.  Financial	April 30,2004	May 31, 2004
Building Fund	$72,091.88	$73,777.41
Clubhouse Account	$     369.42	$     727.60
Memorial Fund	$     220.00	$     230.00
Unit Account	$  3,912.09	$  4,246.26
Total	$76,593.39	$78,981.27
Inventory	$     775.23	$     745.23

 Mary Peterson made a generous donation to the building fund and the clubhouse account.
Stern moved and Kauder seconded that the treasurer’s report be accepted.  Unanimously approved.
b. Bequest:  The Dippollet bond bequest is being processed.

Clubhouse Reports:
a. Repairs:  There were three leaks in the plumbing requiring replacement of the water heater, the icemaker supply valve and piping under the kitchen sink.
b. Clubhouse Use Fee:  Meffley recommended that club owners be allowed to cancel games during Visalia Sectionals and not pay an in-lieu use fee.  Stern moved and NeVille seconded that the Visalia Sectional be added to the exemption list on the Bridge Center Use Fee Policy.  Unanimously approved.

Unit Games:
a. Championship Game:  A Unit Championship game was held May 16 at Chukchansi Gold Resort and Casino.  Chris Lynch, director of casino services, said    that  the resort lost money on the game that it hosted for the unit.  Gambling by the bridge players was less than expected or needed for the resort to host a unit game in the future.  It was moved by Meffley and seconded by Stern that $100.00 be transferred from the unit account to the building fund  and $100.00 be transferred from the unit account to the clubhouse account as a thank you to the directors who donated their time.  Unanimously approved.

b. Refreshments:  The board members will sign a schedule for providing refreshments for the unit’s additional Sunday games at the next board meeting.

c. World Bridge Federation Game:  The unit held a WBF game Friday evening,
June 4th , with eight tables in play.
d. Money Game:  Dave Shuster is developing criteria for a money game to be held on a Friday or Saturday evening.  His proposal will be presented to the board for consideration.
e. Caller:  Kauder will develop a plan to have a caller for unit games and make a proposal at the next meeting.
f. Fund Raising:  Kauder and Reed will investigate bingo games as a fund raiser and report at the next meeting.

Sectionals:  Plans are in place for the Summer Sectional June 18-20, 2004 and the 299er Sectional August 14-15, 2004.

Diamond Life Masters:  There are six Diamond Life Masters in the unit and honoring these achievers is under consideration.

Unit Records System:  The committee to develop a unit record-keeping system, which identifies implementation and maintenance responsibilities, will make a report on the progress of its study at the next meeting.

Borrowing Capacity:  Reed reported that conventional borrowing capacity requires 30-35% equity.  He stated that with about $100,000 in the building fund to make a down payment, the unit would be able to borrow about $200,000 on property valued at $300,000.  Smith reported that alternative funding should be considered, in additional to conventional financing, such as loans from members.

ACBL Board of Governors Representative Election:  The election for which Meffley is a candidate will be in September.

Membership Directory:  It was moved by Kauder and seconded by Da Costa than an updated roster will be published in booklet form provided to unit members at no charge.  Non-members will be charged $2. a copy.  There will be no advertising in the roster and the printing cost will be paid from the unit account.  Unanimously approved.

Board Meeting:  The next regular board meeting will be August 22, 2004.

Adjournment:  Kauder moved and Reed seconded that the meeting adjourn at 6:50.  Unanimously approved.

Laura NeVille, Acting Secretary