MINUTES OF THE MEETING OF OWCAM BOARD OF DIRECTORS
HELD ON TUESDAY, 8:30 A.M., SEPTEMBER 10, 2002
AT RIVERPLACE CONFERENCE ROOM
1730 SW HARBOR DRIVE, PORTLAND, OREGON
PRESENT: Bryce Stephens, Treasurer
Cheryl Brendle, Secretary
ABSENT: Marshall Fant, President
MEMBERS PRESENT: Rich Thompson, Charter Member
Cheryl Brendle called the meeting to order at 8:35 A.M.
II. MINUTES APPROVED
The minutes of the May13, 2002 and July 9, 2002 and September 10, 2002 minutes were tabled for consideration at a future meeting.
III. TREASURER’S REPORT
The treasurer delivers the following financial report:
Monthly Revenue $1275.00
Expenses $ 399.78
Balance in checking account: $9455.21
Bryce Stephens will update the budget for 2003.
IV. EXPO UPDATE
Rich Thompson delivered an update on the December 6, 2002 update (attached). Rich proposed that Sandra Warren’s admission fee be waived as an exchange for the work she is doing on the program. The Board approved this action.
V. FINANCIAL AUDIT LEGISLATION
The status of the legislation to require associations to have a review of their financial records is discussed. David Schwindt and Barbara Kanz are working on this project. Once the legislation is ready, OWCAM members will be sent a vote by mail to determine how many of them will submit the legislation.
VI. OWCAM BYLAWS AND ANNUAL MEETING
Adoption of the Bylaws is to be made a high priority. The bylaws shall state when the Annual meeting is to be held. The Bylaws will be discussed at the December 10th meeting.
VII. OWCAM CODE OF ETHICS
No report on this matter. Marshall Fant and Steve Barber will be asked to move this project forward. This item will be placed on the agenda of the next meeting.
VIII. NEXT MEETING DATES CONFIRMED
The next meeting of OWCAM will be held on Friday December 6 (EXPO) and Tuesday December 10 (Board meeting).
IX. ADJOURNMENT
The meeting was adjourned at 9:35 A.M.
SUBMITTED BY: Cheryl Brendle, Secretary