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CLOUD 9 RANCH CLUB minutes for 1-15-2011

CLOUD 9 RANCH CLUB minutes for 1-15-2011

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Published by: Cloud 9 Ranch Club on Jan 31, 2011
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01/31/2011

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CLOUD 9 RANCH CLUB, INC.UNOFFICIAL MINUTESJANUARY 15, 2011President Don Scott opened meeting at 10:02 leading us in prayer. All board memberswere present with Manager Coy Jackson.Larry made motion to approve minutes as read. Kadye 2
nd
motion and it passed.Financial report was given ending December 31, 2010.General acc. $116,953.02 Special Assessment $ 24,420.09Payroll acc. 4,970.87 LOC holding acc. 4,495.46Accounts payable 44,756.75As of January 15, 2011;Line of Credit Account:Ranch owes $54,047.43 Funds available for use $95,952.57Holding Acct. (transferred $4,000) $495.46Financial report will filed until audit.Note: Ranch General Fund paid back $10,000 of year 2008 loan and has a balance of $31,000 on loan which is planned on being paid in several payments.Don asked that committees turn in their reports to the secretary since we had a lot of business to cover today.Vote on the rule book was tabled until March meeting.Skip presented a survey to be sent to members, which was tabled until February meeting.Kevin made motion that the Ranch Riders Club can build a 30x40x12 building with theunderstanding that it is ranch property and that the RRC will maintain the building untilthere is no longer a Ranch Rider Club and the colors will be green and tan. RanchManager will pick location. Marie amended the motion to say that the ranch managerwould have a key. Marie 2
nd
motion as amended and a roll call votes was asked for.Kevin-yes Marie-yes Gene-yes Skip-yes Kadye-no Larry-noMotion passed.

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