American Contract Bridge League Unit 522 – Fresno, Inc.

A Non-profit Corporation Serving Fresno, Madera and Mariposa Counties

2415 East Clinton Avenue, Fresno, California 93703

June 19, 2007

RICHARD MEFFLEY reconvened the June 10, 2007 meeting of the Board of Directors on June 19, 2007 at 5:23 p. m.

DIRECTORS PRESENT: Richard Meffley, Paul Boyd, Kay Chrisman, Margaret Mahaffey, Dave Shuster, Mary Jo Davila, John Oakshott and Bert Rettner

GUESTS PRESENT: Judy Nicholson, Chairperson of the New Site Committee

DIRECTORS NOT PRESENT: Mary Lou DaCosta, Dora Gostanian, Anita Penny

DOCUMENTS PRESENTED FOR DISCUSSION:

1. A copy of the executed lease dated January 10, 2002, between Mr. Alfred Mikesell (previous owner of the Clinton property) and American Contract Bridge League Unit 522 – Fresno, Inc.

2. A copy of the executed “Amendment To Lease Renewal” dated October 25, 2003, between Mr. Alfred Mikesell and American Contract Bridge League Unit 522 – Fresno, Inc.

3. A Copy of a “Commercial Lease Agreement” dated July 1, 2007, representing a new lease between the new owners Dinh Le and Van Truong (Landlord) and American Bridge Club.

4. A document presented to the Board by Richard Meffley showing the Consumer Price Index changes from 2001 through May 2007 verifying the calculations resulting in the lump sum rent increase of $2,926.56 billed to us and paid in May 2007. Additional information also provided the expected annual increase to rent through 2009 if the Consumer Price Index increased at 7.23% per year with the final year projected at $1,050.21 per month.

POINTS OF DISCUSSION:

1. Is the existing lease, which was extended three more years effective October 25, 2003, still a valid lease?

2. The pros and cons of the existing lease verses the pros and cons of the new proposed lease.

3. The long-term and short-term goals for The Bridge Club. Stay in current location verses move to more Northern location.

After much discussion, John Oakshott made a motion, seconded by Kay Chrisman, THAT THE FRESNO BRIDGE CLUB (American Contract Bridge League Unit 522 – Fresno, Inc.) CONTINUE UNDER THE EXISTING LEASE AGREEMENT, WHICH WAS EXTENDED OCTOBER 25, 2005 FOR THREE YEARS AND CONTINUE TO ACTIVELY LOOK FOR A NEW SITE LOCATION. The vote was called on the motion and passed with a vote of five (5) to two (2). Richard Meffley will send a letter to the new owners advising them of our decision.

THERE BEING NO FURTHER BUSINESS TO DISCUSS THE MEETING WAS ADJOURNED AT 7:30 P.M.

THE NEXT REGULARLY SCHEDULED BOARD MEETING WILL BE AUGUST 12, 2007 AT APPROXIMATELY 4:45 p. m. (There will be no meeting in July 2007)