Wednesday January 10, 2007
Church Hall
Vestry Members Present: Cheryl Twiss (CT), Deb Pallasch (DP), Larry Gadsby (LG), Mike Brogan (MB), Alan Locke (AL), Joyce Figerie (JF), Mark Gustafson (MG), Steve Horridge (SH), Bill Lopes (BL), Mike Zmich (MZ),
Vestry Members Absent: None
Others Present: Daryl Stahl, Dave Rego
Opening Prayer. Daryl Stahl
Meeting was called to order at 7:05pm
Old Business***************
Previous Vestry Meeting Minutes. For the record MB advised that the minutes for the last vestry meeting, Tuesday, December 12, 2006, were approved via email responses.
Finances. There was discussion regarding the discrepancies identified in the 11-30-2006 operations reports. Larry indicated that the problems were identified and corrected. A year-end 2006 operations expense report was provided. The proposed 2007 budget was also distributed and discussed as it will be presented at the upcoming annual meeting.
Dave Rego was present to give the vestry an update on the status and management of the Peck Endowment. In summary, $530,000 was invested during 2006 as it was received. With nothing withdrawn, this fund grew to $568,000 at the end of the year. There is no plan at present to withdraw any of these funds in 2007. There is some belief that there may still be more funds to be distributed (perhaps $20,000), but communication with the Peck Estate lawyer has diminished to the point where the endowment committee has initiated inquiries with the Rhode Island Bar Association.
Building and Grounds. BL presented the Building and Grounds report which is shown at the end of these minutes.
New
Business **************
Planning session for the Annual Meeting. The remainder of this meeting was devoted to the annual meeting preparations, presentations, content and critiques. An agreement was made for those who will make presentations to reconvene on Wednesday January 24 for a further rehearsal exercise.
The meeting adjourned at 10:00 pm
Respectfully submitted, Mike Brogan
Next meeting. The next vestry meeting will be held at 7:00 pm at the Parish hall on THURSDAY, 8 FEBRUARY 2007
Compared
to the hectic pace of activity in 2006, December was a relatively slow month,
focused on preparing for the Christmas Fair and Holiday Services.
Work on completing our large front storm window was delayed due to a combination of inclement weather conditions and our contractor’s Lucite windowpane supplier. “Architectural Preservation Group” indicates work on the mahogany window frame is nearly done at their shop and they now have the Lucite. The latest estimate for completion looks like later in January pending weather conditions.
A first Draft list of potential projects for 2007 has been prepared. Suggestions for including additional project ideas will be solicited from the congregation. After the annual meeting all projects will be ranked per our decision-making matrix and scheduled per priority and consistent with our anticipated 2007 Capital Improvement Funding.