Board of Trustees Meeting Minutes April 21, 2013

Draft Version April 21, 2013

Mad River Glen Cooperative

Board of Trustees Meeting

Minutes – Sunday April 7, 2013

After due notice, a meeting of the Board of Trustees of the Mad River Glen Cooperative was convened at 9:00 am on Sunday April 7, 2013 in General Stark’s pub on the main floor of the Basebox at Mad River Glen Ski Area (“MRG”) in Fayston, Vermont.

Also present were President Wimble and Bob Demont.

Prior to the start the board met at 8:30am for an executive session to discuss personnel issues. No action was taken.

9:00am Call to order

Chair Elkind called the meeting to order and welcomed Trustee elect Palola.

Trustee Jondro reported the results of the election follows.

Total Ballots 449

Spoiled11

In State

Eric Palola409

John Stetson413

Write in14

Out of State

Roy Liu414

Write in10

Ballot question

In favor354

Opposed5

9:10am Fundraising

The board discussed the fundraising initiatives. The major topics were Community Safety, Terrain, Preservation and Youth Development. There was considerable thought given to how to structure these categories, how endowments could be utilized and the long term picture of sustainability.

The discussion also included working with Stark Mountain Foundation and the Vermont Land Trust.

Trustee Stetson reported he would revisit the amount forecast to spend on the Base area master plan.

10:53am

Respectfully submitted,

Jon Anderson

Secretary