Call to and Introductions Some discussion of Wolf Moon and Green Earth Coops in Lansing…. Review Agenda: Agenda Approved Approve Minutes from 1/8/18 Discuss and act There were amendments to the Minutes by Peggy see last minutes… – Comments from Owners and other attendees Kriss Ostrom Will be interested in discussing SHC partnership – Question regarding the goal of ELFCO Chris and Marshall -- Looking for retail space; but also happy to – partner We are actively looking at a new retail space -- currently looking at East Lansing… – Chris First attempt was a more focused at reopening as a retail space. This new attempt is really – focused on local pass through. Q Was Wholefoods the reason for the closure. – Peggy there were many reasons. – Q new location would be to find a niche. – John Thus Allen Street consideration though that may not make sense now. – Staff Report Finances: $148,248 in the bank as of today. Telephone: We were paying $187 per month. Have gotten rid of one of the lines which was – designated for the credit card machine. That leaves us with 3 lines. $49 for each additional line. So we will get rid of all but one line. Board moved to eliminate all but one line. Will not be able to transfer lines. Discussion of Annual Meeting We will develop a letter to people to ask for their excess equity back with a 60 day – window. Will want to be able to articulate what we have done and where we are going so that a minimal ask for excess equity. Will also announce annual meeting on April 06, 2017, 2-4pm at the Hannah Center, East Lansing. Any owner who wants to run for the board, by March. Invitation to submit Annual Meeting Agenda Items. We will send the letter electronic but 20% of owners did not divulge emails… we have contact – information for all excess equity owners – Intension is to send t
Call to and Introductions Some discussion of Wolf Moon and Green Earth Coops in Lansing…. Review Agenda: Agenda Approved Approve Minutes from 1/8/18 Discuss and act There were amendments to the Minutes by Peggy – see last minutes… Comments from Owners and other attendees Kriss Ostrom – Will be interested in discussing SHC partnership Question regarding the goal of ELFCO – Chris and Marshall -- Looking for retail space; but also happy to partner – We are actively looking at a new retail space -- currently looking at East Lansing… Chris – First attempt was a more focused at reopening as a retail space. This new attempt is really focused on local pass through. Q – Was Wholefoods the reason for the closure. Peggy – there were many reasons. Q – new location would be to find a niche. John – Thus Allen Street consideration though that may not make sense now. Staff Report Finances: $148,248 in the bank as of today. Telephone: We were paying $187 per month. Have gotten rid of one of the lines – which was designated for the credit card machine. That leaves us with 3 lines. $49 for each additional line. So we will get rid of all but one line. Board moved to eliminate all but one line. Will not be able to transfer lines. Discussion of Annual Meeting We will develop a letter to people to ask for their excess equity back – with a 60 day window. Will want to be able to articulate what we have done and where we are going so that a minimal ask for excess equity. Will also announce annual meeting on April 06, 2017, 2-4pm at the Hannah Center, East Lansing. Any owner who wants to run for the board, by March. Invitation to submit Annual Meeting Agenda Items. We will send the letter electronic – but 20% of owners did not divulge emails… we have contact information for all excess equity owners – Intension is to send t
ELFCO-Board-Meeting-Minutes_Feb-8-2018-DRAFT.docx