Board of Directors Approved 11/07/02
October 3, 2002

Minutes

Present: Olsen, Fell, Frisbie, French, Bardizbanian, Brooks, Anthony, Capozzo, Sottana

Excused: Koch, Gemmer, Varady, Chesarek

Guests: Herb Graybeal, Ray Story, Mike O'Brien

The meeting was chaired by Mr. Olsen and commenced at 6:30 p.m.

Graybeal Recognition
After fifty years, Charter and Honorary member, Herb Graybeal is moving out of the area to be nearer to his daughter. With his decision to relocate, the Board wanted to recognize Graybeal for his contributions to Green Valley Country Club.
Olsen and Story presented a plaque to Graybeal which expressed appreciation for his years of dedicated service and counsel to Green Valley Country Club. The Board wished him continued happiness and let him know that his presences would be missed.
Graybeal thanked the Board for the recognition and stated he was confident that he was leaving the golf course in good hands with the green committee and commended Story for his years of dedicated work.

Minutes of September 5, 2002 Bardizbanian motioned to approve, Brooks seconded. The motion carried.

Treasurer's Report Accepted.

Membership Sales & Notation
Prospective Member Fadi & Muna Halabi: Bardizbanian motioned to approve, French seconded. The motion carried.

The Board took note of five Notices To Sell and one Notice to reduce a selling price. These notices will be effective for sale October 4, 2002.

Minimum Selling Price of a Membership The minimum selling prices will remain at $25,500.

Resignation of a Director
LaVrar submitted his resignation to the Board of Directors as he plans to relocate. LaVrar served one year of a three year term. The Board will fill his absence on October 24 at the Board of Directors meeting following the General Membership Meeting. The Board thanked LaVrar for his time served and wishes he and his wife well with their relocation.

Committees

Green: An engineer is studying the course bridges and will submit a report. For additional information on committee business see the "Motions" section of minutes.

Upper Parking Lot
If an outside event begins prior to 3:00 p.m. Capozzo will have the valets park guest vehicles in the lower lot in an attempt to alleviate congestion in the upper lot. Capozzo will look into purchasing Guest Parking signs to place at the lower lot.

Club Manager's Report

Outgoing Fleet Golf Carts: See Motions.

Golf Pro Shop Window Shading: Due to sunlight damaging the merchandise two east windows were tested with a shading film to determine if it would create a glare for those teeing off on #1 and #10. No glare has been reported. Capozzo would like to apply shading to14 east windows. The Board agreed.

Northern California Golf Association
Thanked GVCC for holding the August 26, 2002 Mid-Am. They complimented the playability of the golf and friendly attitude of the staff. They further stated that "Sherman and Story comprise a superior management team."

Motions

O'Brien Golf Cart Request: Requesting to register his new Think golf cart which he purchased prior to Board's September 5, 2002 decision on golf cart restrictions. He delayed his registration with the Club as his cart was being customized at the dealership. The Board approved his request 5Y / 1N.

Green Committee: Test Well Drilling: After consultation with a geologist, the committee is recommending to drill for water between holes # 6,7, and 8 with the funds approved by the May 2002 Board of Directors. If the drill is successful there is a narrow window of time to install the well. The cost to install the well without electrical is approximately $55,000. The Board discussed a future water storage lake on the course. Anthony would like the committee to get drawings of the past proposed lake to assist in the new well location as the recommended well location may conflict with a future lake.

Test Well Drilling Contract: When Capozzo feels the terms of the test drilling contract are in order, Anthony motioned to give him authority to sign the contract. Bardizbanian seconded and amended that if the drilling is successful to proceed with the installation of the well. The motion carried.

Well Installation: Bardizbanian motioned up to $55,000 from C.I.F. to be used to complete the water well. Anthony seconded, the motion carried.

Member - Club Private Cart Agreement: The agreement drafted by the Club's attorney will be used as is with the exception to item E. Item E will be changed to state "No person without a valid drivers license is permitted to operate the golf cart at any time." Anthony motioned to approve, French seconded. The motion carried.

Golf Course Rental Cart Agreement: Tabled until further information is gathered on guest and outside tournament use.

Moreno Request: Requesting to have a small tournament at the Club on Thursday, October 17, 2002. The tournament will donate $1,000 towards Sherman's Junior Golf Tournament. Fell motioned to approve. Brooks seconded and amended that the tournament have no more than 32 players. Bardizbanian seconded the amendment, the motion carried.

Vallejo Symphony: Has an event book at the Club on March 23, 2003 and is requesting that their corkage fee be waived. The Board declined the request.

FF & SS Chamber: Requesting the Club to be a sponsor for their fundraiser booked at GVCC on November 8, 2002. The Board declined.

Outgoing Fleet Golf Carts: Capozzo requested to purchase four of the outgoing fleet golf carts for Club use at a cost of $900.00 each. Funds would be used from unspent 2002 C.I.F. The Club's three current carts will be sold at a price most advantageous for the Club. Anthony motioned to approve, Fell seconded. The motion carried.

Measurer I: The November 5, 2002 ballot is a tax increase to support the Cordelia Fire Department as the city has reduced the departments funds. If the ballot is not passed residential and Club insurance rates will significantly increase as the fire department will become volunteer. Fell motioned to allow signs in support of Measure I to be placed at both Club entrance gates. Bardizbanian seconded, the motion carried.

Kitchen Hood: Tabled.

The meeting adjourned at 9:30 p.m.
Respectfully Submitted,
Anne Gemmer, Secretary