Minutes of the 5-11-2010 Board Meeting

Medford Food Co-op
Meeting of the Board of Directors
225 W. Main St., Medford
May 11, 2010

Call to Order: 6:00 p.m.

Present: Tommy Larson, John Miele, and Jim Sims
Absent:  Augustine Colebrook, Donna Kessler

May 3, 2010 meeting minutes were read and approved.

Old Business:
Director and Officer Liability Insurance application status reviewed. Jim has reviewed the application, and he discussed the need for a lot of additional information before submission. It was agreed that much of this information has not changed since the last policy, so Jim agreed to research the prior policy before continuing.

945 S. Riverside lease negotiations were reviewed. Lease option to buy component was reviewed, and acceptable terms to the co-op were agreed upon. Accessibility, in terms of delivery truck access was discussed. Although this is a concern, it was felt that, although not optimum, the situation is workable. The possibility of access through WinCo parking was again discussed, with a potential for entry from the back parking area of the adjacent strip mall. Further investigation is required.

The Cantwell site visit was reviewed. Jim and John both liked the site, but still insisted that the site has a bad aura, and would not be a popular choice with the community.

John reported that the phone-a-thon fundraising with ComNet Marketing Group was on track. They have a good handle on the script and can answer questions pro and con. John and Jim met with the ComNet team of callers and they seemed very sharp and interested in making this fundraising a success. The telethon should begin within the next week or two.

New Business:
Plans for the owner-member meeting on Friday, May 14 at the Medford library were reviewed and updated. Planning and organizing to continue this week.

Adjourned at 7:30 p.m.

Thomas Larson
Secretary