Approved 02/07/08
Minutes
January 3, 2008

Present: Hon. James F. Moelk, Gerhardt, Angen, Fisher, Vadlamudi, Tauber, Hakenen, Martin, Waslohn, Wray, Capozzo, Sottana
Excused: Curtola


Minutes of December 6, 2007
Minutes stand as presented.

President’s Report
Sprint/Nextel: Due to our recent requests asking Sprint/Nextel to waive GVCC responsibility in the event of any future problems with the conduit crossing #15 fairway. The current depth of the conduit crossing #15 fairway is 36" deep and GVCC does not want to be responsible for any disturbance of the electrical or communication to the Nextel service. Also, GVCC would like to slightly relocate the tower/tree closer to the maintenance facility fence line. Sprint/Nextel decided not to continue with plans to install a cell tower.
Delinquent Member: The member was notified that their privileges would be extended if their account is brought current by January 31, 2008.

Treasurer’s Report
After reviewing the November year to date and projected year end P&L, the assessment might be less than anticipated. It will be approximately $116-$120 per proprietary membership (half to associate and social) as food and beverage sales were better than expected in December 2007.

Membership Sales & Notations
Proprietary: Jeff & Jodi Anselmo. Hakenen motioned to approve the applicants subject to the membership committee’s review and completing the two week posting period on the Club bulletin board. Fisher seconded, the motion carried.

Committee Reports
House: Repairs to the ladies restroom at #6 on the golf course have been completed.
Tennis: Leagues continue to be active during winter.

By-Law Amendment / Delinquent Member Process
The Board reviewed the proposed By-Law amendment to article 7.5 “Delinquent Accounts and Financial Irresponsibility. Fisher motioned to forward to the proposal to the By-Laws committee to put to member vote. Martin seconded, the motion carried. The accounting department is to continue with the current delinquent policy until the amendment is put to member vote.

Board and Committee Chairpersons Dinner
The dinner meeting has been scheduled for Thursday, January 24, 2008 at 6:00 p.m.

Golf Professional Tournament Schedule
There being no conflict between the golf pro’s tournament schedule and Club events requiring his attendance, Gerhardt motioned to approve the golf professionals tournament schedule. Waslohn seconded, the motion carried.

2008 Capital Improvement Funds
The December 2007 Board of Directors requested Capozzo to prioritize Phase I of the 2008 CIF in the amount of $125,000 for Board approval. Capozzo present the list at the January Board meeting. The 2008 CIF list was highlighted showing the prioritized items for phase I. Fisher motioned to approve the prioritized list, Waslohn seconded. The motion carried.

Delinquent Members
Two delinquent members have not responded to past due notices.
Fisher recommended terminating the Social membership if there is no response within fifteen days. Tauber seconded. The motion carried.
Fisher recommended selling the Proprietary membership if there is no response within fifteen days. Gerhardt seconded, the motion carried.

Minimum Selling Price of Memberships
At the September 2007 Board meeting, the Board removed the minimum selling price of $15,000 through December 31, 2007. The transfer fee remained at $12,500. After some discussions: whether a minimum selling price should be set, should members on the selling list be contacted if a price is set lower than the current lowest price, etc., Hon. James F. Moelk referred the matter to the Membership Committee for recommendations. Further, he suggested extending the current (new) selling policy with no minimum selling price not to exceed three months. Hakenen motioned to approve, Wray seconded. The motion carried.

Christmas Day / New Year Eve Day
Although the Club and golf course was closed on Christmas Day and New Year’s Eve day, the golf course was heavily played. On the day of NYE, the red flag was up yet it was disregarded and many golf carts were on the course.


Martin motioned to adjourn, Gerhardt seconded. The motion carried 7:45 p.m.

Respectfully Submitted,
Lisa Sottana, Asst. to the G.M.