Board Meeting Notes 2025-01-07: Difference between revisions
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{{Board Meeting Notes | {{Board Meeting Notes | ||
| Previous YYYY-MM-DD=2024-12-17 | | Previous YYYY-MM-DD=2024-12-17 | ||
| Next YYYY-MM-DD=2025-01- | | Next YYYY-MM-DD=2025-01-14 | ||
| YYYY=2025 | | YYYY=2025 | ||
}} | }} | ||
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== Attendance == | == Attendance == | ||
* Board Members | * Board Members | ||
** | **Nick | ||
**James | |||
**Uwe | |||
**Lindsay | |||
**Eric | |||
**Donzell | |||
**Ian (arrived late) | |||
* Other Members | * Other Members | ||
** | **Sky | ||
**Ron | |||
**Andrew Morris | |||
**Andrew Locke | |||
**Carl | |||
== Agenda == | == Agenda == | ||
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=== Consent Agenda === | === Consent Agenda === | ||
=== Mail === | |||
*We got 3 dollars and a bunch of junk (at least 5") | |||
*We also got a return receipt from the Illinois AG - they received our tax paperwork that Wingate mailed them (sent 12/24, received 12/27) | |||
=== Committee Reports === | === Committee Reports === | ||
*GenOps | |||
**No huge issues | |||
**Heat is holding up | |||
**We are out of tampons | |||
**We are not actually out of tampons | |||
**Some debate followed | |||
*CTO | |||
**Sky is doing alright | |||
**We are considering migrating from Bitwarden to Onepassword | |||
***Would save us $250-400 | |||
***Migration is painful | |||
***We decided not to | |||
**Stripe migration is complete! | |||
***For those who have access, we can now see real time MRR, churn, etc | |||
***All board members can get read access from Sky | |||
***We currently have $37,265.00 in MRR | |||
**Some people would like us to offer gift cards | |||
***It might be very complicated, or Stripe might make it easy. | |||
***Sky wants to trial it, no one seems particularly opposed. Technical questions were raised, but Sky felt confident. | |||
Reports from [[Committees]] | Reports from [[Committees]] | ||
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=== New Business === | === New Business === | ||
*The landlord sent us a counteroffer | |||
**He scribbled some notes on it and crossed out a bunch of sections that he didn't like | |||
**It says that we could buy the building in March of 2025 | |||
**This might be a clerical error, or it might be a real offer | |||
**We could maybe possibly split our down payment across the next year, buying the building in Q1 '25, saving $100k in rent payments | |||
**Carl proposes putting all member vote spending on hold while we figure this out | |||
**Carl says the March '25 date is nothing to be alarmed about, it's just something that the landlord/his lawyer wrote down as a placeholder | |||
**We do not currently know how much we could afford to pay as an initial down payment in March | |||
**There was much discussion about why we don't know what we can afford, and how we could figure it out | |||
**Carl wants to spend the contingency fund to fund this early down payment | |||
**Andrew Camardella says that it makes no sense to propose spending the contingency fund when we don't even know how much money we have | |||
**Various members proceeded to hypothesize about what the landlord may or may not be willing to do, which is largely meaningless until someone actually asks him. | |||
**The landlord wants to remove the inspection contingency, so we are going to have to finalize inspections before we can sign an offer letter. | |||
**He also wants to remove the member vote contingency. We could run a vague member vote at any time, or we could wait until we have final terms. | |||
**Much debate followed about potential orders of operations | |||
**Ian will bring 3 quotes for inspections to the next board meeting | |||
**Lindsay will bring 3 quotes for appraisals to the next board meeting | |||
**Eric and Ian offered information about what is included in inspections and appraisals | |||
**Uwe suggests scheduling a meeting with our lawyer to go over the counteroffer in detail | |||
**Eric will get more info from the landlord tomorrow | |||
**We will presumably meet on the next off-Tuesday, 1/14, at 7pm depending on the results of Erics conversation | |||
*Sky still wants to run a vote this week to spend $4500 on TVs to display information to the membership | |||
**Carl wants to put this vote on hold due to financial concerns discussed above | |||
**Books says we should spend this money before the inauguration, because of potential price ranges related to tariffs | |||
**Sky promises not to try to spend the money if the board asks her not to next Tuesday at 7pm | |||
**The Board will announce a special meeting of the Board for next Tuesday, 1/14/25 | |||
**James and Nick close the meeting | |||
=== Old Business === | === Old Business === | ||
== Votes == | == Votes == | ||
*The Board of Directors votes to appoint Thomas Repasky and Pat Hoban to W.I.L.D. volunteer positions. | |||
**For: 7 | |||
**Abstain: 0 | |||
**Against: 0 | |||
[[Category:Board_Meetings]] | [[Category:Board_Meetings]] | ||
[[Category:2025 Board Meetings]] | [[Category:2025 Board Meetings]] | ||
