Minutes of the 7-06-2009 Board Meeting

Medford Food Co-op
Minutes of Board Meeting July 6, 2009
225 W. Main St., Medford

Call to order: 6:03 PM

Present: Jim Sims., John Miele, Steve Kraft, Tommy Larson. John Statler, Robin E. Brown, and
Gary Bowles.

The minutes of the June 15, 2009 meeting were accepted and approved.

Committee Reports: Merchant fundraising contacts have been initiated by Fund raiser, Robin E. Brown. The campaign is underway.

Old Business:

A motion was made seconded and approved to raise $515,000 capitalization per our $975,000 Sources and Uses Budget by November, 2009
Invitations to guests and owners for the July 15th owners’ meeting have been sent out.

New Business:

A motion was made, seconded and approved to hold a “dry run” of the July 15th presentation at Red Rock Restaurant meeting site on Monday July 13th at 4 PM. The Board members agreed to meet at the Red Rock on July 15th at 3:00 PM.
A motion to approve the press release for the July 15th meeting was made, seconded and approved.
A motion to submit the Letter of Intent drafted by Tommy L. was made, seconded, and approved.
A motion to pay Red Rock Restaurant a $50 deposit was made, seconded, and approved.
A motion was made, seconded, and passed approving a sum not to exceed $100.00 payable to The Party Place for July 15th presentation equipment was made, seconded, and approved.
A motion to reimburse Steven Kraft $29.99 for purchase of software to unlock the Market Study document for conversion to Microsoft Word was made, seconded, and approve

The meeting was adjourned at 9:12 PM

Jim Sims
President