Grand Mesa Nordic Council

Board Meeting

June 11, 2024

Zoom

Board members present in person: Tom Ela, Christine Noel, Ben Graves, Dan Tille, Susie Attaway, and Marguerite Tuthill, John Traylor, and Nike VanArsdale

Staff present: Christie Aschwanden, Melissa Newell

Guests: No guests were in attendance

Dan called the meeting to order at 3:04pm and read the GMNC mission.

1. 30-min Public Comment Period. No guests were in attendance.

1. May Meeting Minutes. John motioned to approve the minutes as submitted. Tom seconded and the motion passed unanimously.

1. Monthly Financials. Christine reviewed her report that was included, along with financials, with the Board packet. She shared May 2024 is the first month of the new fiscal year. The budget figures are not included as they are not yet approved by the Board. Christine has added a Skyway Station summary on the dashboard showing total donations to date, total cash and investments, and construction in progress.

Investments Update – Christine also shared the $100,000 CD with Edwards Jones matured near the end of May. $105,000 was reinvested for 12 months at 5.4%. $111.26 in cash was transferred to the Alpine Money Market account.  A $125,000 13-week T-bill was purchased on May 23rd. Its rate is 5.389% and matures on August 22nd. 

Board went into Executive Session at 3:15pm to discuss a human resources issue. The Board left the Executive Session and re-entered the Board meeting at 3:21pm.

1. Community Outreach Director Update. Melissa provided her report, it was also included in the meeting packet. She shared that the Events Committee will be meeting to set dates for upcoming events and begin preparing for season kick-off parties and the fall silent auction. She also shared she has begun work on a Volunteer Handbook.

1. Executive Director Update. Christie provided her report, it was also included in the meeting packet. She shared that Tigran continues to work on getting the tiller moved. Christie provided an overview of the work she has been doing to vet whether GMNC would be a good fit for the Daniels Fund. Unfortunately, GMNC is not a fit at this time. She also shared she is working on getting a quote for new insurance from the insurance company that works with the Cross-Country Ski Areas Association. GMNC will be joining the association, and she is optimistic the insurance rates accessed via this membership will be better than what GMNC is currently getting.

1. 24/25 Budget. Christie and Christine presented the 2024 – 2025 Budget. The Board reviewed the budget and asked questions. Tom motioned to approve the budget, John seconded, and the motion passed unanimously.

1. 2024 Board Meeting Schedule. The Board reviewed the upcoming Board meeting schedule:

July 16, 6-8p (zoom)

August 20, 4-6p (zoom)

September 17, 6-8p (Delta)

Board went into executive session at 4:12pm.

Respectfully submitted,

Marguerite Tuthill

Secretary