Minutes of the 11-16-2009 Board Meeting
Medford Food Co-op
Minutes of Board Meeting November 16, 2009
10 Crater Lake Ave., Medford
Call to order: 7:30 PM
Present: Directors: Jim Sims, John Miele, John Statler, Augustine Colebrook, and Robin E. Brown. Steven Kraft and Tommy Larson were absent.
The minutes of the November 9, 2009 meeting were read and approved.
Old Business:
The Grilla Bites family fundraising event news release will go out tomorrow. The event is November 22d from 3 to 6 PM. The Board unanimously approved admission fees for this and all future fundraising events would grant free entry for new owner share subscriptions and pre-existing owners to such events get $5 off admission price as an owner benefit.
The Loan Letter to Co-op owners was being stuffed by Board members as we met. The Board unanimously approved the expenditure of $735.40 to Mike’s Printing (not including the cost of printed bulk mail postage). Additional expense for P. O Box addressed letters will be submitted with the bill for postage at a later meeting.
Jim reported that the power point presentation for our capital campaign will be given to the Medford Rotary tomorrow at the R. V. Country Club. He reported that the presentation was given on Nov. 14 at the Local Food Imperative Conference sponsored by JCLAC.
New business:
Jim Requested that the site selection committee meet to review the Bear Creek Plaza uses estimates.
Robin reported that the capital campaign is focusing on the 10 largest companies in the Valley. She asked for assistance in getting contact names on the Bear Creek Plaza business owners.
The Board unanimously approved establishing the capital campaign founding sponsorship levels for Merchant Sponsors as follows: $1,000 Level gets 1 year store product placement, name and logo on our website, business internet link, and business name on sponsors sign in store; $5,000 gets 3 years product placement benefit and all the other incentives,; $10,000 gets 6 years product placement and all the other benefits. Additional benefits for prime sponsors are possible on Board approval.
Two potential Board nominees were suggested. The Board will receive their resumes for review before the next meeting.
Adjourned: 8:48 PM
Jim Sims
President
