| Checking | $5,260.51 | ||
| Money Market | $2,011.56 | ||
| CD | $2,825.46 | ||
| Total Cash on Hand | $10,097.53 | ||
| Less | |||
| Encumbered Funds | $1,043.00 | ||
| CD | $2,825.46 | ||
| Net Cash Available | $6,229.07 | ||
| Membership @ Nov.30 | 122 | Renewals 1/28 | 88 |
| Regular | 104 | 79 | |
| Associate | 5 | 2 | |
| Lifetime | 5 | 5 | |
| Junior | 8 | 2 |
Donations of deposits to date: $789.00
Fourteen members from 2010 are known to be leaving the club in 2011.
*Note: This page is only viewable by KRAM members and therefore should not be discussed publicly on the forum or elsewhere.
The club build night moved its' way to the basment of Hobby World this round and was welcomed by West Michigan RC. Several WM members were there through the evening working on miscellaneous projects, but only a few KRAM showed up this time. Nik did an engine swap on his GP 40 Ultimate, putting on a Saito 82. That should rip the wings off nicely! Jared and his grandfather brought in a nice pattern plane with a YS engine and pipe they got from an auction for $75. It looked in pretty good shape and just needed a little TLC! Butch wants everyone to know that anyone is welcome down there any Tuesday night to work on their projects or ask questions.
Our next build night would be on March 1st, but that is meeting night...so stay tuned for details when plans get nailed down! As always, if you have any comments or suggestions about future Build Nights, please let us know!
The meeting was called to order at 7:00 pm by Vice President George Orphan.
There were 15 members present.
No guests were present.
The Minutes of the January meeting were approved without change.
Motion to approve by: Danny Osborn
Seconded by: Lee Lubbers
Vote: carries
Financial Report: Presented by Dan McLaren. Ed Buck asked if we ever add to the CD. The answer is no, not in recent years. Lee Lubbers pointed out that with interest rates so low there is no "penalty" to take the money out. Dan pointed out that by having money in a separate account, it is easier not to spend it on normal operational activity. It is there for emergency purposes.
Motion to accept by: Ed Buck
Seconded by: Danny Osborn
Vote: Carries
