Present: Dan Gillespie, Michelle Strain, Patrick Forestell, Iain MacLeod, Evan Scully, Zach Ball, Dan Wortman, Mike Keech, Mike Currie, Shelley Harding, Scooter, Darren Wheaton.
Regrets: Kevin Estabrooks, Sarah Carrigan-Kent.
Guests: Trevey Davis (SAC President), Ben Turkel (Student Senator, Member of Liquor Policy Committee), Julie Stevenson (Argosy).
Approval of Minutes from previous meeting. Prospective minutes were amended to fix spelling mistakes, and to provide copies of handouts provided to the Board, and to ensure that the Subcommittee compositions were included.
Old Business:
- Back to a discussion about the future of the Pub.
- Sold one of the pool tables for $500. Waiting for the mover to find time to remove it.
- Michelle provided copies of the lease for Scooter.
- Suggested renovations were not approved. Should try to fix the sound (acoustics) issues, but there is no money. Maybe put carpet on the walls? No money for benches. The University has offered to patch the walls. We are now allowed to hang pictures or posters if we desire. Wainscoting would be $7000 to $8000. Just a simple chair rail would be $3800. We don’t have enough money for that. University will repair pock marks in walls for free. There was a motion approved to look into hanging posters behind plexiglass or to get them laminated to protect them.
Scooter handed out a new income statement, based on the one circulated last week, but with some minor revisions. Assuming the loss of 1/3 of pool revenue with the first pool table sold, elimination of Solarium rental costs for Fridays, and cutting back one CP per week.
The Board suggested Kevin’s presence at the next meeting to present financial statements.
Scooter handed out a cash flow statement. Come February of 2010, he estimates that we will have less than $5000 in the current account.
Lots of discussion about what the Board wants. Varying opinions, but no Board members want to give up before April. Mike Currie suggested that we need to rebrand and find loyalty. Patrick Forestell suggested that we need a restructuring of the Board.
Board approved an expenditure of up to $500 (value of the pool table that was sold) for an investment into art/canvasses to add some colour to the walls.
Board went in-camera for a discussion.
Next meeting: December 20th, 2009
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