The meeting was called to order by club president Bill Miller at 11:08 a.m.
With reference to those present and proxies, Bill noted the presence of a quorum.
Each member introduced him/herself, and board members introduced themselves.
Bill announced that our e-mail announcements will be processed in groups of seven to avoid members’ spam filters.
It was moved and seconded to approve the minutes of the last annual meeting, which were available for examination. Motion passed unanimously.
Gary Marks made the financial report. KGAC has taken a $614,000 business loan from Cashmere Valley Bank, which lowered the interest rate of the original loan which was replaced , covered purchase of the land under the club building, paid for replacement of the dehumidifier, and allowed retirement of several private loans. The current loan balance is $579,590 and will be $517,000 when renegotiated in 2017.
Bill reported that dues are coming in currently. We have approximately 83 charter/general members and approximately 24 midweek memberships.
Bill reported that since the installation of the new sump pump in fall 2011, the water temperature in the pool has been easier to maintain, and this has been very effective in lowering our electric bill. The dehumidifier was replaced. The December ice storm did minimal damage to our building, which will be repaired in the course of summer maintenance. Mark Demeritt spoke about the improvement of building maintenance standards.
Gary Marks gave a line-by-line review of the budget. He stated that the dues estimates were conservative. In response to a question, Bill answered that the sole remaining private loan comes due in summer 2015. Gary stated that a goal for a year from now is establishing a manager position, so that the club can rely less on volunteers.
Linda Wandell moved to adopt the budget as presented. Kaye Crandall seconded the motion, which passed unanimously.
Marcus Wood moved to approve an increase in dues by $8.33 per month should the board decide that the finances of the club requires it. Mark Demeritt seconded and the motion passed unanimously.
Kaye Crandall moved to waive the audit requirement. Nancy Miller seconded the motion. Passed unanimously.
Linda Wandell moved to resolve that all action of the directors and officers of the corporation on behalf of the corporation during the past year were ratified and confirmed, provided the actions were within the scope of the directors’ and officers’ duties and not outside the normal course of business of the corporation. Motion was seconded by Nancy Miller. Passed unanimously.
Bill explained that three board positions are open. Current board members willing to serve another two years are Gary Marks and Ann Reynolds. Kaye Crandall is retiring. Kaye was thanked for her tireless work and contributions to the welfare of the club; she was applauded. Bill reported that Tim Gallagher has volunteered to have his name put up for election to the vacancy.
Bill opened nominations from the floor. After several solicitations for nominees and no responses, nominations were closed and Ann, Gary, and Tim were declared elected. Their terms run until 2015. Members whose terms will end in 2014 are Steve Craig, Mark Demeritt, Bill Miller, and Nancy Miller.
Kaye Crandall volunteered to do a reserve study for the club.
Bill solicited suggestions for improvements to the club. He mentioned that a refurbished treadmill was being sought.
There was discussion of possibilities for a yoga class.
There was discussion over whether of not having additional exercise equipment in the upstairs room was desirable.
Michelle Perry volunteered that she would be willing to work on a project marketing club membership.
Bill mentioned that research on the rust in the spa was continuing; possibly retiling would be the solution.
Congratulations were made on the beautiful benches in the changing rooms, which were built by member Andrew Campbell.
Kaye Marks announced that she and her husband would host a party on the first Saturday in August on a 1950s theme. Details will follow.
Meeting was adjourned at 12:04 p.m. and the membership moved to the club patio for a barbecue. Thanks to Mark Demeritt for acting as grill master.
KGAC, Board secretary
If you wish to contact us by e-mail, fax, phone or letter please contact us at:
Kahler Glen Athletic Club 20625 Haight Drive