Area Creative Enterprise, LLC

Managers Present

• Betty Short, Mike Schoonover
• J.R. Gilstrap, Kelly Hill (voted into management team during meeting)

Motions Passed

Motion 1

• The following seven members have been voted into the Area Creative Enterprise, LLC:  Pam Lile, Gina Logan, Willard Louden, J.R. Gilstrap, Jaecke Daniel, Sharon Montoya, Kelly Hill
  

Approval by Members

• Betty Short - voting YES
• Signature ____________________________  Date ______________________
• Mike Schoonover - voting YES
• Signature ____________________________  Date ______________________

(see official records for signed copy)

Motions 2, 3, 4

• Betty Short, Mike Schoonover, Kelly Hill, and J.R. Gilstrap have been designated as the management team by vote of the membership.
• The LLC has voted to lease space from the M&M Inn for the arts and crafts shop.  Rent will be $200 per month, utilities paid by lessor.
  
• The LLC has voted to use the name "Sierra Grande Gallery" as the name of the shop.
  

Approval by Members

• Betty Short - voting YES to Motions 2,3,4
  
• Signature ____________________________  Date ______________________
• Mike Schoonover - voting YES to Motions 2,3,4
• Signature ____________________________  Date ______________________
• Pam Lile - voting YES to Motions 2,3,4 (absentee - votes made after meeting)
• Signature ____________________________  Date ______________________
• Gina Logan - voting YES to Motions 2,3,4
• Signature ____________________________  Date ______________________
• Willard Louden - voting YES to Motions 2,3,4
• Signature ____________________________  Date ______________________
• J.R. Gilstrap - voting YES to Motions 2,3,4
• Signature ____________________________  Date ______________________
• Jaecke Daniel - voting YES to Motions 2,3,4
• Signature ____________________________  Date ______________________
• Kelly Hill - voting YES to Motions 2,3; VOTE WITHHELD to Motion 4 (absentee - votes made after meeting)
• Signature ____________________________  Date ______________________
• Sharon Montoya - voting YES to Motions 2,3,4
• Signature ____________________________  Date ______________________

(see offical records for signed copy)

Management Decisions

Decision 1

• Registration fee requirement for new members has been dropped.  This action is retroactive to members already having paid - the registration fees already paid will be converted to monthly dues.  As this decision will require an amendment to the Operating Agreement, it shall be brought before the entire membership for a vote at the next meeting.

Decision 2

• Commission for non-members for items sold in the shop will be 20%.
  

Approval by Managers

• Betty Short - voting YES to Decisions 1,2
  
• Signature ____________________________  Date ______________________
• Mike Schoonover - voting YES to Decisions 1,2
• Signature ____________________________  Date ______________________
• J.R. Gilstrap - voting YES to Decisions 1,2
• Signature ____________________________  Date ______________________
• Kelly Hill - voting NO to Decision 1; NO to Decision 2 (absentee votes made afterwards)
• Signature ____________________________  Date ______________________

(see official records for signed copy)

Minutes

Sharon Montoya announced that the M&M Inn may be eligible for federal grant money which will be used to restore the facilities, but receiving such moneys would take some time.  She said that the Montoya family had moneys set aside to start work, including installation of a Pro-Panel roof.  Some days after the meeting, it was decided by the Montoya's to pay J.R. Gilstrap and an assistant to install the roof.

It was explained to all that minor day-to-day decisions will be made by the four managers without consulting the at-large membership.  These decisions may include distribution of moneys as necessary.  Major decisions will be brought before the membership in its entirety.

Three managers (Betty Short, J.R. Gilstrap, and Mike Schoonover) voted to eliminate the registration fee for new members.  All moneys paid by new members will apply directly to membership fees.  This applies retroactively to members who have already paid.  As this decision will require an amendment to the Operating Agreement, it shall be brought before the entire membership for a vote at the next meeting.

It was decided that non-members will be required to pay 20% commission on items they sell in the gallery.  Members will pay no commission.  As the commission amount is not specifically noted in the Operating Agreement and is left up to the managers, this decision does not require an amendment.