was called to order shortly after 5:00 PM.
the previous meeting were approved as sent.
- Steve Moese reported that he had not received all the expected NAP date
responses from the sanction holders. However, he would go ahead and
publish what he had received.
Committee - John Meinking has continued to talk to the Comers about buying
their sanctions. The board voted to negotiate and hope to settle before
the Cincinnati Regional. If not accomplished, other options would be
Term Relationship between the CBC (physical location) and CBA (Unit 124). - AJ
reported that most unit boards that he talked to only meet about 4 times a year
whereas ours is monthly. He looked at, categorized and numbered the items from
the list of possible CBA/CBC models made at the May board meeting. We then discussed
what we saw as ongoing and which items we should eliminate. They are:
1) Spinoff CBC
as distinct legal entity w/ interested parties as stakeholders
CBC operations as a whole though sale or lease
until 2017 CBC lease expiration and let chips fall
“Splinter” option (by seeding several privately-owned clubs)
5) Hire Club
Manager to run all CBC games (and/or allow Club Manager to subcontract them)
CBC timeslots to qualified (pre-authorized?) persons
the status quo
items were 1, 3, 4 and 7. In addition, Tom Mess presented his thoughts
which were emailed to the board on May 21st. Sanction holders net approximately
$12/table after CBA rent and ACBL sanction fees are paid. Steve suggested we
need to reset the relationship with sanction holders. We discussed the
sequence of problems and possible solutions. Some of this reiterates the
above list. Related changes might include split financials, a new
revenue model, a new SLA, negotiating the rent and finding a new location for
the CBC. The board is committed to creating a new structure for the sanction
holders by January 1, 2015.
Report - AJ had a few words about the Kentucky Sectional, scheduled for August
15-17, 2014. All preparations appear to be made, and the Northern Kentucky club
is doing an excellent job in their inaugural year.
Committee - John made 2 new investments. Although small, we received our
first dividend payment.
Report - The report was approved as sent. Susan Wisner told us our PNC
money market account has been closed. We now have approximately $60,000
in our investment account and $40,000 in our US Bank checking account.
(Future Masters) Program - Barbara reported that the kickoff would be on
Wednesday evening May 28th. Bob Fisk did the pairings and sent out emails to
all with information about the program.
Committee - Mike Purcell sent his email report on May 19th. Mike Purcell
proposed that Youth bridge activities be separated from the Education
Committee. Details will be presented at a future Board meeting.
Committee - Repeat communications have been sent to Mary Clifton asking for
release of the funds left over from the defunct Middletown Sectional so they
may be used for the upcoming Northern Kentucky Sectional. As yet there
has been no response and Tom Mess will follow up. Patti English reported
that everything was pretty well set for the upcoming Cincinnati Regional.
The committee will continue to look for new venues for the future. One that
sounded promising was Receptions in Fairfield.