Peninsula VOLKSWAGEN CLUB

Minutes FOR JANUARY 5TH, 2003

1. Reports: The Peninsula Volkswagen Club met at Steve and John's Restaurant for the January meeting. President Eichelberger opened the meeting. There were 16 people in attendance including 15 club members. President Eichelberger, acting as interim Treasurer, reported a balance of $.  Expenditures and receipts were $for Steve and John's, the 50/50 drawing netted $, and the tip basket netted $16.10. He made a motion that the treasurer's report be accepted as read. The motion carried. Secretary Rex Frey read the November and December Minutes. The December minutes were corrected to show that Robert Alexander was also nominated for the office of Presidency.

2. Officer Election:  The following were elected to Club offices for the Year 2003:

a.  President          Greg Anderson   (Robert Alexander withdrew)

b. Vice President     Robert Alexander

c. Treasurer      Charles Eichelberger

d. Secretary      Robert Alexander

3. Web site Update: Vice President Robert Alexander, web master, continues to work on our web and has included the Club Constitution and By-Laws. The Constitution and By-Laws need updating. Robert Hoard will also recommend changes to the Constitution and By-Laws. input by others, as per their interests, is welcome.

4. Auditing of Club Finances: Robert Hoard made a motion that the annual audit of the Club finances be made within 10 days. The motion included the requirement that bank statements, expenditures, check facsimiles, and meeting income and expense tally sheets be provided to the audit committee consisting of Rex Frey, Jim Collins, and Robert Hoard. Motion was seconded, carried and agreed to by the Treasurer.

5.  Year 2003 Budget: Robert Hoard made a motion that the Treasurer make e budget showing the income, expenditures, and deficits and recommend whether the dues will remain the same (none) or whether an increase is necessary unless the deficit can be managed by the cash on hand.

6. Anniversary Dinner: It was agreed that the Anniversary Dinner be held at Steve and John's Restaurant on February 2, 2003 at 6:00 PM. The meals will be ordered from the menu with ice cream and cake following the dinner. Everyone is encouraged to bring give away objects for the drawing following the 50/50 drawing. There will be a tip basket Steve and John's will charge an additional $5.00 to cover the cost of serving the desert.

7. Adjournment:   The 50/50 drawing netted the Club $, the tip basket yielded $, for a total income of $. Expenses were. to Steve and John's for use of the room. There being no further business, the meeting adjourned at 8:28 PM.

Respectfully Submitted,

Rex Fry - Secretary