The first order of business was to establish a quorum. Mary Christensen, Board Secretary, reported that there were a total of 490 members on the rolls, per the Bylaws, to meet a quorum of 5%, 25 members were required to be present. Having determined that a quorum was present, the meeting was called to order by Board Chairman, Robert Leach, at 5:07 p.m. at the Pioneer Park Civic Center Exhibit Hall.
Richard Seifert moved that the agenda be approved and Hans Geier seconded it. The agenda was approved as written.
Mary Christensen, Board Secretary, read the minutes from the last annual meeting. The minutes were approved as read.
Robert Leach thanked the outgoing board members, Mike Emers, Cora Kelley and Morgan Macchione for their service and introduced the new board candidates, Colin Craven, Hans Geier, Sandra Trumbower, Catherine Whitney, and Miriam Woody. He thanked all who had volunteered over the past year and discussed the importance of the Co-op Market as a community organization and deferred to the committee reports for specific information on the year’s progress.
Mary Christensen, Board Secretary, gave the treasurer’s report since Morgan Macchione, Board Treasurer, could not attend the meeting.
It was reported that $97,949.45 in membership equity dollars have been raised as of 9 am on September 11, 2010. The Co-op Market holds an inventory for fundraising currently valued at $6537.17. There is $1,394.94 in checking and $87,364.89 in savings.
A total of $25,001.55 was raised from fundraising since 2009. Goods sold accounted for $12,846.55, the dessert auction and donations raised $7909 and breakfast fundraisers brought in a total of $4,246.
A treasurer’s report with more detail will be published on the blog by October 1, 2010.
Mary Christensen, Chair of the Outreach Committee, then gave the Outreach Committee report. She reported that the outreach committee raised nearly $90,000 in membership equity funds over the past year. A fundraising campaign was held through the winter including a series of Breakfast Fundraisers, outreach booths at the fair and many other venues and a marketing campaign to increase membership. Last year’s dessert auction brought in over $7000. She reported that the Co-op Market now has over 490 fully paid members and nearly 700 members on payment plans.
Finally, she reported that the next Dessert auction will be held on November 20, 2010 at Pike’s Waterfront Lodge. Pat Fitzgerald and Robin Dale Ford will be the featured entertainment.
Mary also announced our Each One Bring One Campaign and asked the membership to each bring one more member. A “reward” $7 gift certificate can be used at any “Co-op Market Mini Store”. See full outreach report below.
Richard Seifert gave the Finance committee report. He reported that the finance committee is currently in a lease negotiation with Bachner and Companies for a portion of the old Foodland building. He reported that our member loan campaign is ready to launch and that we are pursuing a USDA revolving credit loan/grant that could be offered through a local utility cooperative, such as GVEA. (See Full Report)
Sharon Alden gave a report on the Health and Wellness committee. She reported that the committee sponsored a film series and is now sponsoring a lecture series.
Robert Leach introduced the new board candidates, Colin Craven, Hans Geier (presently a board member with a one year term), Sandra Trumbower, Catherine Whitney, and Miriam Woody. Five people ran for four seats. Each candidate spoke for 3 minutes about why they wish to be a board member. Miriam Woody could not be present. Shaun Lott read from Miriam’s biography.
Robert Leach called for a motion for the candidates to be approved. Richard Seifert moved the candidates be approved. Hans seconded the motion. The candidates were approved.
Ballots were passed around and the election was held. The ballots were later counted by Board Chairman, Robert Leach, in the presence of Board Secretary, Mary Christensen. Our new board members are Colin Craven, Hans Geier, Sandra Trumbower and Catherine Whitney.
Richard Seifert moved that the meeting be adjourned. Hans Geier seconded the motion. The adjournment was delayed to give out the door prizes.
The meeting was adjourned at 6:15 pm. Members were invited to stay for a community pot luck dinner.
The next meeting is scheduled for October 1, 2011 at the Pioneer Park Civic Center Exhibit Hall.