Board of Directors Approved 02/02/06
Minutes
January 5, 2006

Present: Young, Hakenen, Curtola, Williams, Fisher, King, Moelk, Sullivan, Passalacqua, Capozzo, Sottana

The meeting commenced at 6:30 p.m.

Minutes of December 1, 2005 and December 6, 2005
Williams motioned to approved the minutes of December 1, 2005. Moelk seconded, the motion carried.
Hakenen motioned to approve the minutes of December 6, 2005. Moelk seconded, the motion carried.

Treasurer's Report
Accepted as presented.

Membership Sales & Notations
Prospective Member: Al & Jan Hewitt. Sullivan motioned to approve, Williams seconded. The motion carried. The Board took note of one Notice to reduce an asking price, and three Notice to Sell forms. These Notices are effective for sale Friday, January 6, 2006.

Committees
Green: The committee is developing a master plan on standard maintenance procedures.
Storm Damage: The Board discussed Jones Creek overflowing onto #17. The drain between 18 tee and 17 green installed over 50 years ago has deteriorated and needs to be replaced. The Board referred this issue to the Green Committee.
Due to storm damage the golf course is closed January 4, 2006 to Friday, January 6, 2006. The front nine will be evaluated at noon on Friday to determine if it will open for the weekend. The back nine will be evaluated on Monday, January 9, 2006 to determine when it will reopen for play.
Tennis: Hakenen stated the committee is requesting $60,000 to complete the inside of the Tennis building as it would be easier to do this now with the contractors on site. The Board declined the request as funds are not available at this time.
Membership: The committee is frustrated that their ideas for marketing memberships have been set aside and not acted on by the Board. They are requesting that their recommendations be responded to on a more timely basis. Capozzo will contact the Club attorney regarding the committee's letter to new local homeowners.

2006 Committee Chairpersons & Liaisons
Committee Chairperson Liaison
Buildings & Grounds Betsy Martin Bob Williams
By-Laws Hon. James F. Moelk (ret.) Jerry Sullivan
Finance John Sconza/Les Singer Nadine Hotaling
Food & Social Walter Tauber Lorraine King
Golf Richard Gerhardt Bob Machado
Green Tom Brafford Lea Fisher
House Sheila Elliott Sherm Passalacqua
Membership Bill Fell Hon. James F. Moelk (ret.)
Pool & Fitness Tom Baker Trey Curtola
Tennis Mike Wray Carl Hakenen

Correspondence
Advocates for the Arts: A GVCC member associated with AFTA requested a donation for the annual fundraiser. The Board declined the request as they are encouraging members to use their guest passes for fundraisers.

2006 Capital Improvement Fund
At the December 2005 Board meeting, the 2006 C.I.F was approved as presented. The Board then allocated $120,000 for immediate purchases subject to Capozzo presenting a list of the items to be immediately purchased for Board approval. A second list is to be a prioritized list of the remaining 2006 C.I.F. items to be purchased with Board approval as funds became available.
Capozzo presented the two lists as requested to the January Board. Fisher motioned to approved the items to be purchased with the allocated $120,000. King seconded. The motion carried.

Trail Fee Stickers
A few members with private golf carts were not billed correctly for their trail sticker. A new procedure has been established to eliminate this from happening in the future. After further discussion, Sullivan motioned to bill the members for 2004 and 2005 giving them the option to pay the amount in full, or over a six month period. King seconded, the motion carried.

Minimum Selling Price of a Membership
Sullivan motioned to keep the minimum selling price at $15,000. Passalacqua seconded, the motion carried.

There being no further business, Sullivan motioned to adjourn, King seconded. The meeting adjourned at 7:55 pm.

Respectfully Submitted,
The Hon. James F. Moelk (Ret.)