Minutes
Board of Directors Meeting Friday, May 29, 2008, at 3:00 p.m. at
City of South Lake Tahoe Redevelopment & Housing Conference Room
1901 Airport Road Suite 107 South Lake Tahoe, CA 96150
Opening Prayer – provided by Francie Alling
I. Call to Order and Determination of Quorum Board members in attendance: Lyn Barnett, Francie Alling, Yvonne Cohns, Mike Riley, Members Present: Cathy Kope, Diana Hankins, Staff: Cindy Hannah
II. Member Comments: Francie Alling reported presenting Fr. De Molen with our Appreciation Plaque since he was unable to attend the annual membership meeting on May 2, 2008.
III. Final Review and Approval of Agenda
IV. Approval of Minutes from the May 2, 2008 Meeting: Mike Riley made the motion with Francie Alling 2nd, to approve the minutes with the addition of “Annual Membership Meeting” on heading and our web site added to minutes.
ALL APPROVED
V. Executive Director’s Report & Update: Cindy reported attending the Conference sponsored by Nevada Council of Affordable Rural Housing on Tax Credits. Cindy gave an overview of agenda items.
VI. Strategic Plan: Eileen Piekartz with RCAC facilitated the assignments for year one of the new Strategic Plan. Eileen will reformat the final document and e-mail to the Land Trust.
VII. Officer’s Reports:
A. President: Lyn Barnett welcomed Mike Riley to the Board. Lyn presented the draft landscape drawing for the Tallac House. Andrew Strain donated this concept drawing. The Board discussed additional options. Attorney Jeff Rahbeck was working on changing our name from Saint Joseph Homes and Lands to Saint Joseph Community Land Trust in Nevada since the passing of AB423. Lyn mentioned new fundraising techniques and the importance of future direction for Land Trust.
B. Vice-President: no report
C. Secretary: Francie discussed the renewal letter for membership dues for next fiscal year. Cindy will send draft to Francie for comments. Mike suggested using Monarch Mailing in Carson City for bulk rates. A returned self-addressed envelope would be included. Lyn suggested pictures to be included plus a volunteer interest list for members to complete. A timely deadline for dues then the board members would call members that have not paid current dues.
D. Treasurer: Yvonne Cohn presented the financial report for current fiscal year. Cindy Hannah reviewed the Bank of the West CD was expiring and wanted direction from Board. Mike Riley suggested a 30 day CD after July 10, 2008.
VIII. Property Report & Updates
A. Sierra Gardens
1. Liaison Report: Yvonne gave an update about the new dumpster partial enclosures and the “bear” problems. Cindy announced the new Managers are Angela Russo and Scott Lane. SJCLT will host a BBQ in June to welcome the new managers when the weather is better. Cindy recommended the Board do a site visit of Sierra Garden grounds.
2. Meeting with PAM Companies: Lyn Barnett and Yvonne Cohns want a meeting to discuss roles, responsibilities, and policies with the LLC. Cindy will set up a meeting with David Michaels and Bucky Fong and the Board to discuss these items. Diana Hankins wanted to know the process of background checks for managers.
B. Tallac House
1. P & L Insurance is due it is $4,375 annually with a minimum of $1200 for three months.
2. Home Buyer status / options: Lyn Barnett discussed the sales price and requested the developer fee of 8% still be recouped. A Spreadsheet of expenses was handed out. SJCLT owes contractor $134,800. Realtor’s Commission = $16,140. When the house sells, SJCLT will receive $118,060 to put back into general fund and housing fund.
C. Donated Property
1. Glenbrook House: Cindy reported the costs of moving this house and purchasing a lot in Carson City would make this financially not feasible for the land trust to accept this donation. Francie Alling made the motion, Mike Riley 2nd. ALL AYES – APPROVED not to accept donation of Glenbrook House.
IX. 2008/2009 Budget Workshop:
Cindy gave a very quick overview, due to time restraints the Board decided to hold a meeting in June to work on the budget for next fiscal year.
A. Staffing Needs
B. Adoption of new fiscal year budget
X. General Items
A. Confirm the Time and Location of Next Meeting: Thursday June 19, 2008 @ 3pm, Francie will check on using Our Lady of Tahoe for meeting.
B. Closing Prayer: Lyn Barnett gave the closing prayer
XI. Adjournment @ 5:25pm
Thank-you to Cathy Kope for allowing the Land Trust to meet here in the City’s Conference room.
By: ______________________________ Date: __________
Cindy Hannah
SJCLT
Executive Director