Board of Directors Meeting Minute¹
February 6^th, 2001

Board Member Attendance: Julien Kubesh, Mike Mazzarella, Peter Easterlund, Steve Bradley, Dave Rugg, and May Prombutr

Staff Attendance: Gary Ellis and Valerie Aas

Guest: Joseph Barisonzi, CEO, CommunityLeader.com

Meeting called to order at 5:50 PM.

The Meeting start with introduction of Joseph Barisonzi by Valerie. Joseph Barisonzi is a Chief Executive Officer of "communityleader.com". After everyone introduced themselves, Joseph introduced the magazine entitled "Community Matters" which has 50,000 plus readers. He believes this magazine will help Riverton explore information about other community groups and disseminate its mission to other for-profit and non-profit organizations.

After the presentation, the board discussed the pros and cons of joining the Community Matters group effort:

Pros: Community Matters can help Riverton develop/connect with external organizations and the community in the future. Those resources may be helpful for Riverton in the future.

Con: It might not be the most effective way to invest $3,000 – $5,000 over the next 3 years because things may change regarding our development, our connections, our interests. Maybe we can do something wiser than this with that amount of money.  We could pursue others P.R. opportunities for that amount of money.

          As Martha wasn't present and there wasn't a full consensus either way, Peter suggested holding to make a decision until next month's meeting.

Gary report that the financial statement for this month look better than last month and everything is OK.  Financial statements are available from the office.

In cooperative reports,

Chateau

· The Chateau Annual inspection was done. Also, the Chateau members gave a big thanks to Greg for doing such a great job for both the snow removal and the annual inspections.

· Brainstorming took place but there were not enough announcements in advance.   We did get a lot of good suggestion from members, though.

Marcy Park

· Marcy Park website has been designed by a board member.  It has a new look and is available at http://www.marcypark.org.

· Marcy Park meeting minutes are on the web.

· The social events are still going on and have been relatively successful.

· Currently, they are working on revising/revisiting the strategic plan for this year.

Marshall

· As of today, Marshall has 2 board members.

· They are working on a handbook and will give out to member in couple months.

· In the process of generate the orientation sessions.

Franklin

· Have 5 Board Members so far.

· Still intend to hold the Meet and Greet Welcome with cider and cookies at the Entrance doors in March.

· There is some vandalism being reported.

· Great operations in terms of staffing and office procedures getting smoothed out. Emily is working full-time over there now helping Dianna.

· Vacancy losses are estimated to be less than 3 % for the year, which will be monitored as we head into spring.

 

The office just received the summary of the retreat material from Dianne today.

Peter will work with Valerie to setting up the Riverton web that will allow all the board members to access the meeting information online. Next month will start the Co-op reports written online.

Peter will initiate a president’s council by meeting will the president from each individual co-op.

The governance task force will begin the meeting soon according to Steve Bradley.

Gary will have a meeting with a construction/architecture engineer regarding the Riverton office renovation. The Bangkok Thai Restaurant promised Gary that they would work with the sign in front of the building soon.

Dave discussed about email that he was sent prior to this meeting regards possible parking space for our Coop members. In this case we might be able to partnership with this company and request 30 % of parking space reserve for our Co-op members.

These are the tentative agenda items for the next meeting that is held on April 3^rd, 2001:

Community Leader Publication

Update Strategic plan

Governance Task Force.

The Meeting adjourn at 7:25 PM.

1Minutes prepared by May Prombutr, Riverton Board Member.