Board's Eye View

Winter 2019 Board News & Views

Posted on Wed, Nov 27, 2019 @ 11:19 AM

Mike LinkThanks to all that attended our first “in-house” Annual Owners Meeting. We enjoyed a great chili supper and liquid refreshments as well as a few door prizes. The event was held in the new dining/meeting area of the store and included showcasing the accomplishments of the year, our current financial position, status of community initiatives and changes to the membership of the Board of Directors. We said thank you and goodbye to Karen Mischel and Larry Homstad and welcome to Olive Reynolds and Tonya Wagner. Eric Snowdeal was re-elected to another three-year term.

The financial report at the meeting was shorter than usual due to our ongoing annual audit. Final sales and expense numbers are now being checked by our auditors prior to publication. More details will be available in the 2019 Annual Report scheduled to be published in December.

Owners voted and passed all three proposed changes to articles & bylaws. Class C shares were added – which allow for further investment by members as well as continued improvements to the VFC assets and infrastructure. Also, all ownership equity is now fully refundable and can be transferable with the Board’s approval.

We’re hosting some great events for owners and shoppers, including the Holiday Open House – a fun day of savings, free food samples and prizes. Join us Saturday, December 14, 10am-4:30pm. Coffee with the Board returns in 2020 with free coffee, freshly baked scones, and a chance to sit down with Board members in the deli seating area to ask questions or get further info on what is happening with our co-op. Go to the calendar on pages 18-19 for dates, times and details for these events.

As always, feel free to contact any VFC Board Member individually with comments or questions, or attend a Board meeting. VFC Owner-members are always welcome. Enjoy the fall weather and let’s hope winter is mild and late in arriving

BlogImage-2019-Board Eye View- New Board AOM

 

Tags: Board of Directors, Annual Owners Meeting, VFC Election