Meeting Minutes for July 7th, 2016

Lakes Community Center
Meeting Minutes
July 7, 2016
 
Vice President Tristan Sebourn called the meeting to order at 7:07 p.m.  Quorum requirements were met with the following board members present: Tom Joynt, Karan Hall, Frank Toothaker, and Tristan Sebourn.    
 
Secretary’s Report: Motion by Tom Joynt second by Karan Hall to approve the minutes of June 1, 2016, as posted on the web site.  Motion carried.
 
Treasurer’s Report: Two reports were given by Frank Toothaker.
Ending May 31, 2016, ($3,453.50) in Operating Account, $58,019.03 in the Building Improvement Account, $8,439.33 SBA balance. 
Ending June 30, 2016, ($4,296.78) in Operating Account, $58,019.03 in the Building Improvement Account, $8,224.27 SBA balance.   Frank said the deficit balance in the Operating Account is due to spending beyond our projected expenses.  The deficit is only on paper and all checks from LCC are valid.  Deficit will technically go away after 49er Day revenue is deposited. 
 
Old Business

Park Committee: Next committee meeting is October 20, 2016.  Committee is awaiting November ballot action on the Park tax levy that will provide sustainability to any park funding.

Live Again: Work sessions are planned for July 22 and 23.  Lunch will be needed both days.  Work will include assisting in getting south area ready for 49er Day use.
 
New Business

Parachute Inspection: Meeting attendees inspected five parachutes brought out from storage.  Some rips are evident.  All need securing ropes.  One smaller dark green chute was brand new.  A summary inspection note was included in each storage bag.  Karan Hall will procure tape for repair. 

49er Day: Next committee meeting is July 14, 2016.  Banner is up over Elizabeth Lake Road as of July 2, 2016. 

Adjournment: Meeting adjourned at 7:40 p.m.
 
Respectfully submitted,
Tom Joynt - secretary, LCCA