SUTHERLAND BUSINESS IMPROVEMENT DISTRICT 1. 2013 Annual General Meeting (A.G.M.) Minutes Venice House, 906 Central Avenue, Saskatoon SK March 19, 2014 Call to order In accordance with our by-laws, Sheldon Wasylenko took the position of Chair. The meeting was called to order at 6:30 pm. Attendance was taken. 2. AGM Meeting Notification, Quorum, and Recording Secretary The Chair asked Lloyd Moker, Executive Director to act as Recording Secretary and reported that notification of the A.G.M. was mailed out to all SBID members one month prior to the meeting. The Secretary advised that notice for calling this meeting was duly delivered to members of the SBID in good standing as of December 31, 2013. As such, the Chair declared this meeting has been duly called and is properly constituted, and that the list of members in attendance be filed with the minutes of this meeting. 3. Addition/Deletions/Changes and Adoption of the Agenda A MOTION to adopt the Agenda, as presented, was made by Sheldon Wasylenko. Leo Morrison SECONDED. Carried. 4. Acknowledgment of 2013 Board of Management in Attendance Members of the SBID’s Board of Management, including the Executive Director were present, excluding Darren Hill. 5. Review and Adoption of Minutes for Sutherland B.I.D. 2012 AGM The 2012 A.G.M. minutes held on March 14, 2013 were reviewed. There were no errors or omissions. Kyle Chatterson made a MOTION to adopt the minutes as presented. Kos Kosmas SECONDED. Carried. SBID- AGM minutes March 19, 2014 Page 2 cont’d 6. Reports 6.1 Chairman’s Report Sheldon Wasylenko presented his report as Chair. Sheldon Wasylenko made a MOTION to adopt the report as presented. Leo Morrison SECONDED. Carried. 6.2 Treasurer’s Report The financial statements use traditional income and expense reporting as opposed to fund accounting which was used previously. Kos Kosmas made a MOTION to adopt the report as presented. Dale Mathews SECONDED. Carried. 6.2.1 Appointment of Auditor Kos Kosmas made a MOTION to appoint James H. Stinn as auditor for 2014. Kyle Chatterson SECONDED. Carried. We will meet with Mr. Stinn in 2014 to review our contract with his firm. 6.2.2 Receive and Adopt 2013 Sutherland B.I.D. Financial Statements Sheldon Wasylenko made a MOTION to accept the 2013 financial statements as presented. Leo Morrison SECONDED. Carried. 6.2.3 Receive and adopt 2014 budget The proposed budget for 2014 was presented by Kos Kosmas, Secretary/Treasurer. We are now following the budget format as required by the City of Saskatoon. The budget includes a 5% increase for 2014. Kos Kosmas made a MOTION to accept the budget as presented. Kyle Chatterson SECONDED. Carried. SBID-AGM minutes March 19, 2014 Page 3 cont’d 7. Election of Directors for the Sutherland B.I.D. Board of Management for 2014. The following individuals have been elected to the SBID Board of Management for 2014. Positions on the Board will be determined at the next Executive Meeting. Nominations: - Sheldon Wasylenko - Kos Kosmas - Dale Mathews - Leo Morrison - Kyle Chatterson Counsellor Darren Hill, Ward 1, appointed by City of Saskatoon. 8. Adjourn MOTION to adjourn this meeting was made by Leo Morrison. Meeting adjourned. SIGNED and RECORDED, _____________________________ Sheldon Wasylenko, Chair _____________________________ Kos Kosmas, Secretary/Treasurer _____________________________ Date _____________________________ Date
© Copyright 2024 ExpyDoc
