Minutes Board of Directors Meeting
November 1, 2001

Call to Order by President Chesarek at 6:30 P.M.

Present: Chesarek, Koch, Olsen, Fell, Gemmer, Varady, Anthony, Forristall,
French, Brooks
New Members: Bardizbanian, Frisbie, LaVrar
Also Present: Capozzo Absent: Bond

Long Range Planning: Report given by John Sconza provided detailed analysis of projects anticipated to be needed over next ten years. Report included estimated costs for each project. Assessment and finance options were also provided. All of the foregoing is presented for the purpose of developing a plan to be taken to membership for input and further definition. Discussion followed regarding the direction from Board sought by the Committee. Moved by Olsen that "Board of Directors authorizes Long Range Committee to approach all groups within the Club and Membership at large to solicit input and suggestions regarding the conceptual Long Range Plan addressed in Memorandum generated from September 20, 2001 meeting." Gemmer second. Motion carried

Minutes of October 4. 2001 meeting.
As amended... motion by Anthony to approve.
French second. Motion carried.

Treasurer's Report given by Fell.

Membership Sales and Notations: No new applications have been received.
Board discussed minimum Sales Price. No Action taken.

Committee Reports:

Greens Committee: Anthony reported that Committee is reviewing possibility of relocation of cart path on 11th hole and whether playability of hole would be enhanced by such relocation. No Action taken.

Golf Committee: Anthony reported that through October, play has increased over year 2000 by approximately 1,000 rounds. A new form of contract was presented for use for outside tournaments. Committee report included suggestions for a variety of fee increases. Cart Rental Fee increase effective 1 /01/2002 of $1.00/9 holes. $2.00/18 holes; Trail fee increase effective 1/01/2002 to $31.00/month: Cart shed rental fee increased effective 1/01/2001 to $37.00/month. Olsen motioned to adopt above increases. Gemmer second. Carried Ayes. 4 No.

Guest Green fees were discussed. Committee recommended changing Weekday Guest fees from $40 to $45 (when accompanied by member) and Weekend/Holiday Guest fees from $50 to $55 (when accompanied by member). Anthony motioned to adopt. Olsen second Motion failed 4 Ayes/5 No. Motion by French to raise Guest Green fees to Weekday $60, Weekend $70 Motioned failed for lack of second.

On Motion by Forristall to raise Guest Green fees to $50 Weekday (when accompanied by Member), $60 Weekend/Holiday (when accompanied by Member). Unaccompanied Guest Fees also be raised by $10. All increases to take effect 1/01/2002. Brooks second. Motion carried.

Discussion regarding tournament activity on Golf Course both Club and outside events. No Action taken. House Committee: Gemmer reported that the Committee is discussing various furniture addition and changes. Minutes of House Committee meeting provides details. Also discussed were appearance of entrance to both Mansion and
Terrace Buildings. The Events Board is here and will be installed within themonth. Sound attenuation measures for Terrace are still being studied.

Tennis Committee: Varsdy reported that Tennis Committee approved increase of rates for Tennis lessons and Tournaments. Winter hours are now in effect. The Halloween tennis event drew approximately 50 children and 40 adults. It was held Friday October 27 and deemed to be very successful. The proposal for an Associate Tennis Membership in final draft form has been forwarded to By-Laws Committee and Club Attorney for the purpose of drafting a ballot measure.

Membership Committee: French reported that the Committee has completed its discussion of the Associate Tennis Membership and is giving consideration to a prospective member brunch. No Action taken.

Food & Beverage Committee: Brooks reported the Committees work on a casual dinner dance. A Family Night Dinner has been planned for November 16, featuring a special menu for children. The Committee had also finalized its plans for November 2, 2001 Formal Dinner honoring President Chesarek.

Buildings and Grounds: No Report

Pool Committee: No Report

Budget and Finance Committee: No Report

Correspondence: The Board reviewed a letter from Mr. Spitler inquiring about the benefit to the Club of outside tournaments. The financial impact was discussed. Mr. Fell. Treasurer, will write a response to Mr. Spitler to be reviewed by President Chesarek and the Club's finance staff to assure accuracy.

The Board is reminded of the following dates: December 6, 2001: Meeting will be followed by Dinner for Board members and their spouses. December 17, 2001: This will be the date for the Green Valley Country Club Employees Christmas Dinner and Party. All Board members and spouses are encouraged to attend and
assist in serving, bussing tables, etc. This is a great opportunity to show our appreciation to those who help make our use of the Club so enjoyable throughout the year.

Approval and Appointment of incoming President Koch's selection of Board Chairpersons and Liaisons from Board to the Committees. Motion to approve as presented: Olsen , Fell second, Ayes: 5 No: 2

After brief discussion, it was found that further input was requested by several Board members. Olsen motioned to abandon earlier motion and vacate vote. Second approved carried. After some further discussion about the future of certain Committees, Motion by Olsen to approved/accept chairpersons and Liaisons as presented Varady
second. Motion carried.

New Business continued:

Minutes of Special Board meeting of October 25, 2001 were considered. Motion
by Anthony to approve as written. Fell second. Carried.

Motion by Fell to add an ax-officio seat to the Board of Directors to be filled by
the Immediate Past President, if the term of the retiring President is expiring. This
newly created role would assist in providing continuity to Boards as so many
issues are carried over for long periods of time. As an ex-officio member, such
Immediate Past President would not participate in the voting process. French
second. Carried.

Adjourned: 9:50 P.M.
Respectfully Submitted Jeffrey A. Olsen