The meeting was called to order at 11:09 a.m. by President Tim Scheer
Other Board Members Present: Vice-President Randy Stannard, Bob Dunn, Treasurer Don Nelson, Brett Lenz, Calvin Colony, and Secretary Karo Stigler
Members Present: Rita Orr, Em Norden, Terry Koehn, Rick Treiber, Dave White, Jim Beeghly, Chris Lenz, Mike Mango, Tomasz & Izabela Korwel and Mark & Sandy Eads. All other members were present by proxy.
NOTE: IT APPEARS THAT WITH THE PROXIES HELD AND THOSE PERSONALLY PRESENT WE HAVE A QUORUM SO THE STOCKHOLDERS’ MEETING MAY GO FORWARD.
The minutes of the November 6, 2011, stockholders’ meeting were not available but were paraphrased. Bob Dunn moved with second by Brett Lenz that the minutes be approved as paraphrased. Vote taken. Motion carried.
OLD AND NEW BUSINESS:
1. Treasurer’s Report: Don distributed Dan Moen’s really great “Summary of Income and Expenses” and charts (attached to the original of these minutes) indicating number of hours each aircraft has flown and the amount of revenue each aircraft brought in. Discussion was held re ground school income shown on the report. The figure, $2,462, is for private pilot kits sold as well as ground school student fees.
2. Election of Board of Directors: Don, Randy, John, and Karo are up for retention. Rick Treiber expressed his desire to return to the Board. The five persons up for four Board slots are: Don, Randy, John, Rick, and Karo. Vote taken by secret ballot. The four members for a two-year term are: Don, Randy, Rick, and Karo. Election of Officers on the Board of Directors will be held at the first Board meeting following the Stockholders’ Meeting: November 7, 2012.
3. Don expressed his thanks to the many members who work so hard to keep the Club going. He said no one can do it alone and, since so many pitch in and help, we’re still going and we’re still having fun.
Bob Dunn moved with second by Brett Lenz that the meeting be adjourned. Vote taken. Motion carried. Meeting adjourned at 11:26 a.m.