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Oct. 9, 2014 Board Mtg Minutes

25 Dec 2015 1:15 PM | Anonymous member (Administrator)

HBC Board of Directors

Meeting Minutes

October 9th, 2014 @ 6:30 pm

Pearl Park Recreation Center

414 E Diamond Lake Road, Minneapolis, MN 55419

Phone (612) 370-4906

The meeting was called to order at 6:30 by Vice-President Paul Huntington. In attendance:  Paul Huntington, Larry Narveson, Bob Dean, Greg Swanson, Mary Wiershem, and Pat Smith Welles.

The minutes were distributed and amended as follows:

  • o   Correction - Our TDA net profits were less than the $2,000.00 we had budgeted, not more.
  • o   There was a question about whether Greg should write checks about the donations we are planning.

                     We will table this until Leon returns

The minutes were approved                

Financial Report was distributed:

  • o   Income

Membership dues Cash                         $35.00

Membership dues PayPal                       23.97

Vanguard Earnings (Loss)                      -35.62

Total                                                             $23.35

  • o   Expenses

Annual Meeting Rent                           $125.00

September Birthday Cake                       33.00

Storage Locker                                            61.00

Total                                                           $219.00

Net Change                                             $195.65

  • o   Assets as of 9/30/14:

                              TCF                                                         $6,408.35

                              Pay Pal                                                     1,257.64

                              Vanguard                                             19,317.77

Cash on Hand                                               36.00                                                                     

                     Total                                                    $27,019.76

                     Net Change                                            -$195.65

Treasurer’s Report was approved      

Membership Report

  • o   We had 206 members
  • o   We removed 4 members
  • o   We have no new members 
  • o   We currently have a total of 202 members.

Membership Report was approved

Operating Calendar was distributed and amended as follows:

  • o   We will have a Ride Leader meeting in November on the 15th or the 27th starting at 8:00 AM

                     This meeting offers the opportunity to recap the riding season

  • o   Larry will bring snacks for the November board meeting

Operating Calendar was approved

New Business

  • o   Paying for Smart Cycling - Will the club reimburse riders for taking the class

Only those members in good standing for a year or more

                  Approved for now, but will re-evaluate with the number of participants

  • o   Board meetings will continue to be on the 2nd Thursday of each month
  • o   Marcy has a volunteer opportunity for Saturday, October 10th at One Ten Cycles

                           Breast Cancer Awareness Ride

  • o   Question arose about authorizing John Hardy to purchase 200 Smart Cycling Quick Guide or Rules of the Road

                           Table until the next meeting – we need to know more

                           Paul will talk to John.

The next meeting will be held November 11th at the Pearl Park Recreation Center. Larry will bring snacks.

Motion to adjourn was made at 7:40 pm.

Respectfully submitted,

Pat Smith Welles                                                                                            

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