Board of Trustees Meeting: April 4, 2015

Mad River Glen Cooperative

Board of Trustees Meeting

Minutes – Saturday, April 4th 2015

After due notice, a meeting of the Board of Trustees of the Mad River Glen Cooperative was convened at 4:30 pm on Saturday, April 4th, 2015 on the third floor of the Basebox at Mad River Glen Ski Area (“MRG”) in Fayston, Vermont.

Also present were President Wimble and 2 shareholders

4:30  PM            Call to Order

Chair Elkind welcomed the assembled and asked Trustee Stetson for his report..

Trustee Stetson stated the Finance Committee had met on April 2nd  to review share redemptions.

During that meeting the following motion was passed:

The finance committee recommends that the shares tendered during FY 2014 be redeemed promptly.

After a brief discussion a motion was made.

4:33 PM     Shareholder comments

Shareholder Meier asked the board to remember and respect the loyalty of early shareholders when the issue of share redemptions comes up next year.

4:34 PM

Respectfully submitted,

Jon Anderson

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