Special Member Meeting 2010 05 25
Note: This page serves as the 2010-05-25 Special Member Meeting's agenda (before the meeting) and minutes (after the meeting).
Time and Location
May 25, 2010 Meeting called to order at 7:08pm by el Presidente
Members Present: Jason, Daniel P, Todd F, Martin, Brian H, Elliot, Eric, Arc, Dan T, Alan M, Brad B, Katie, Darian
Quorum yes! we rock!
Approval of Previous Meeting's Minutes
Do we need to do this?
Vice President's Report
- Current cash (after one time expenses): $7000 - 8000
- Current cash in bank: $7000 - 7500
- Total one time expenses $1750
- Owed by insurance: $400
- Current paypal balance: $1300
- Current monthly income: $1800 + store/soda ~ $1850/mo
- Current annual income: $22,200
- Monthly expenses besides rent: $85 insurance
- Current rent: $964 + 2% increase + $300 basement
- Current rent: $964 * 1.02 = $983.28 + $300 = $1283.28
- Cost for one year: $1283.28 * 12 = $15,399.36
- New rent (would be): $2000 for six months from Jun 1, $2475 thereafter, including internet and basement.
- Cost for six months: $12,000
- Cost for one year: $12,000 + $14,850 = $26,850
Meeting adjourned at _____.