Sat15Jul201711 am - 4 pm2323 S. Salina Street
Eat To Live Food Cooperative
South Side Communications Center
2331 S. Salina St., Syracuse NY 13205
Minutes of June 11, 2013 Board Meeting
Board Members Present: Howie Hawkins, Yaschia Kinsey, Baye Muhammad, Shirley Rowser
Board Members Absent: Naqia Kent
Members Present: Joseph Bryant
Next board meeting: 6:00 pm, Tuesday, June 25, 2013
All decisions were made by consensus unless otherwise noted.
1. Approval of Minutes for May 25 and June 4
The minutes for May 25 and June 4 were approved.
2. Approval of Authorization of Account Signers
The board approved signing a form with a resolution drafted by Cooperative Federal authorizing Howie Hawkins, Yaschia Kinsey, and Shirley Rowser to be the authorized signers for checks on Eat To Live Food Cooperative’s account with Cooperative Federal. This resolution reiterates in a more detailed way the board resolution for the same purpose adopted by email vote on June 4.
3. Approval to Open Checking Account with Cooperative Federal
The board approved signing a form to open a checking account along with the savings account for Eat To Live Food Cooperative at Cooperative Federal.
4. Payment of Manager Search Services to Global i365
The board received an invoice for $3000 for the first third of the fee for manager candidate search services. The board authorized Shirley Rowser to issue a check for payment.
5. Marketing and Membership Recruitment
The board reiterated that it needs to prepare an updated Progress Report and other materials for members and prospective members.
6. Cash Flow on Construction and Start-up Working Capital
Joseph Bryant reported that $160,000 remains in the budget from grants after construction to cover staffing, marketing, equipment, and inventory for the co-op start up, though he cautioned that unforeseen construction cost overruns could diminish this amount.
7. Resolution Rescinding Decision to Open a Checking Account with Key Bank
The board agreed to adopt the resolution appended below rescinding the part of the board resolution of February 26 authorizing Eat To Live Food Cooperative to open a depository account with Key Bank for short term cash management purposes.
8. Letter to Cooperative Federal Requesting Field of Membership Status for Eat To Live Members
Howie Hawkins will draft and Shirley Rowser will sign a letter to Cooperative Federal requesting that Eat To Live Food Cooperative became one of Cooperative Federals fields of membership. This status will give Eat To Live Food Co-op members the membership benefit of being qualified to open accounts with Cooperative Federal.
9. Logo Copyright
Shirley Rowser will investigate copyrighting the Eat To Live logo.
Howie Hawkins, Secretary
Resolution Rescinding Decision to Open a Checking Account with Key Bank
Be it therefore resolved that Eat To Live Food Cooperative will not open an account with Key Bank for short term cash management and will use its accounts with Cooperative Federal for both short term cash management and long term savings and reserves.
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