Event:2016/11/14 Fundraising

Omni Fundraising/Finance Meeting - 14 November 2016

Attendees

Jenny, Marcus, Brian, Laura, David, Almaz

Updates

• We exercised the option on 10 November 2016 :D
• Sudo BoD has now resigned, Jenny to send nominations for new board tonight, then actions to change bylaws
• Matt H from CCL is lending the $5K deposit to open escrow, should arrive wired to the Title Company's account by tomorrow morning
• The Dow is up!
• Jenny sent final authorization letter to Vanguard, should arrive tomorrow morning and we'll have our account info for online login by Thursday at the latest
• Should have full appraisal report by tomorrow \o/
• Re: insurance - State Farm sent incorrect loss run, Jenny sent spreadsheet with correct account #s
  • They also want all of our financial data, board bios, etc - can be found in 1023 app
  • DK - Can we talk to them about event venue insurance?
• Laura: Quote about sewer lateral incoming tomorrow
• Laura: 2:30 John from Genesis Fire coming to do annual fire extinguisher certifications

Buy the Building

• Next steps: Jenny elects new Board tonight, sends out resolution to amend bylaws and articles, approve purchase, and appoint new officers for board to sign
  • TO DO: Nominate officers (President, Secretary, Treasurer)
• Tuesday: $5K deposit into escrow - Matt H has initiated wire transfer
• Wednesday: Sudo Room special meeting to approve amended Articles
• Thursday: Omni Delegates meeting to approve assignment of Option to sudo & sign Restated Articles
• Friday: Jesse files amended Articles w/ Secretary of State

Grants

• DK sent an email to Rainen foundation requesting discretionary funding for a CPA audit
• DK getting elevator estimates, two more incoming:

Action Items

• Send us doc of what dates we still need to find historical omni event proof for - DK
• Elect new Board - Jenny
• Need to fix remaining Quickbooks issues ASAP - meeting w/ Jenny, Jose & Brian?