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January 28, 1989
ISECCo Minutes of the Annual Meeting of Members
7:20 Meeting called to order. Ray R. Collins, President, presiding.
Proxy's received:
Joe Beckenback, Jenine Abarbanel, Rich Kline, Debi Wilkinson, Larry Klaes
Previous minutes reviewed.
Labor donation estimated at 600 man-hours.
Aproximate gross gain (including labor) for 1989: $6,000.
New business:
Opened floor for nominations for General Director. Robert Hale sole Nominee. Vote for Robert Hale: 10 for, 0 opposed.
Bylaws reviewed.
Motion moved, seconded and passed that Bylaws be accepted as written.
Motion moved, seconded and passed that the expire dates on all the Bylaw Articles shall be 10 years from date of last modification.
Review of past year's Accomplishments.
ISECCo obtained State of Alaska non-profit certificate.
IRS has not yet responded on tax-exemption.
Letter to IRS dated 1/7/89 read & discussed.
Decision made to call again around mid-Febuary.
Hydroponics construction: preliminary work well
advanced.
Necessary forms designed and printed.
Information sheets/pamphlets written.
Formal organization of ISECCo completed (baring tax-
exempt status).
Computer program to keep track of members about half written.
Preliminary Aero-space plane discussions begun.
Preliminary advertising campaign begun.
Establishment of important communications channels via computer networks.
Preliminary regional co-ordinator's duty described.
Membership increased from about 8 to 43.
Support of employees discussed
IRS dis-allows housing
Need copy of code: task force assigned to Gene to check Geophysical policy in room & board.
Decision made to investigate tax-exempt employment
Task force assigned to Ray to carry out investigation.
Hydroponics past & future discusion.
Aero-space plane past & future discussion.
Summer projects & personell discussion:
Probable man-hours available (5/1 to 9/30): 2,000+
Funding currently pledged for summer '89: $1,350
Sailboat trip/prize discussed.
Lack of secretary discussed--8 hours/week required.
Computer networks expansion discussed.
Long Range goals discussed.
Motion to adjourn moved, seconded and passed at 10:30 pm.
* * * * * * * * * *
Post-meeting discussion on land donation:
Marilyn & Gene Rowley have a piece of land of about 6.9
acres which they are willing to donate the lease of to ISECCo to
be used for the construction of the biosphere. The lease would
be for a 15 year period.
Problems we discussed (and which need addressing):
1. How to retain use of the land in the event that the Rowley's lose title.
2. How to arrange the termination of the lease (note: the biosphere is a structure which it will be quite impossible to move to another location):
a. If ISECCo done with the biosphere do we give it to the Rowley's?
b. Purchase the land & buildings from the Rowley's?
c. Rowley's purchase the biospehere from ISECCo?
3. Location on the land for the biosphere such that it will not interfer with the use of the land by the Rowley's.
4. Assuring a steady flow of money to the morgager of the land in the event of any kind of catastrophic loss by the Rowley's.
5. Means of spreading Rowley's payment burden:
reduction in interest rates; ISECCo making a small cash
contribution some time in the future; other means.
* * * * * * * * * *
Any of you who haven't yet joined and are interested do get in
touch with us. Our minimum membership is only $5 for an entire decade.
Anyone who wants to join can just send Robert, FNRJH@ALASKA, a note on
here and we'll send you a letter with the information we'll need.
Alternatively you can write ISECCo, P.O. Box 60885, Fairbanks, AK 99706.
--Ray :: President, ISECCo