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Somerset Youth
Hockey Association Board Meeting
March 10, 2008
Board Meeting Minutes
In Attendance: John G., Randy W., Deb Q.,
Cherie L., John M., Dawn L., Dan G., Justin L., Jim M., Steve H.
Motion to approve Feb Minutes by Justin L., 2nd
by Randy W.
Financial Report given by Dan G., motion to
approve by Steve H., 2nd by Jim M.
Concert is scheduled for June 17th –
22nd. New rules have been established for workers as
there are greater liability issues and this is to raise money for
the hockey association. There will be a written contract between
the workers and SYHA that will state all the rules. This contract
will also need approval from John Montpetit and his colleges.
Cherie will draw up a contract for board approval. The number of
non-association members will be limited.
Snipers Junior team – We can get a line of
credit to purchase the membership. We have enough equity in the
building. One issue that we currently have is locker room space.
Plan A – The concert monies and the first year revenues from the
team, we could borrow money to re-build/restructure the locker
rooms. Plan B – Restructure our current locker rooms until we can
fundraise enough money to commit to a loan. July board meeting we
will make a decision how to move forward with the locker room
issue. Motion to sign offer and have viewed by an attorney, budget
$150.00. Also, to invest $10,000.00 into a checking account and a
line of credit of $50,000.00 for the Sniper Junior Team. Motioned
by Justin L., 2nd by Dan G. Yes Votes – John M., John
G., Steve H., Randy W., Deb Q., Cherie L., Dan G., Jim M., Dawn L.,
and Justin L.
Capacitors – We have saved 24.22%, which is
about $1000.00 per month. Big savings for the association!!!
We would like to honor the original 20 that
began the arena. We would like to acknowledge them somehow within
the arena. Steve H. will look into how much it would cost to have a
nice commemorative plaque made.
Motion to adjourn by Justin L., 2nd
by CherieL. |
