[LCN Newscast] July Meeting Reminder

[newscast@lists.lakeclaire.org]

The next LCN meeting is 2002 July 18 Thursday 7:00pm at the 
Frazer Center; use the entrance at north end of Ridgewood Road. 
New and long-time neighbors equally welcome!

AGENDA (* denotes a issue which may be voted on)

+ Introductions
+ "Good News in Lake Claire"
+ Meeting Time Limit* (see below)
+ Officers' Reports
  - Treasurer
     Update on Tour of Homes preparations
  - Planning
     Variance request, 491 Claire Dr.*
     Update on McLendon Ave Study
+ Other Announcements
+ Old Business
+ New Business
  - Allocation of Tour of Homes revenue (see below)*

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MEETING TIME LIMIT

At the June meeting the membership approved a target adjournment
time of 8:00 pm.  This time limit will apply to the July and
future meetings, unless the membership modifies the adjournment
time.  The chair will appropriately limit discussion on items in
order to meet the time limit.

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ALLOCATION OF TOUR OF HOMES REVENUE

At the July 1st Executive Committee meeting, the board proposed
allocating Funky Tour profits to designated funds as follows:

25% to Lake Claire Park with the stipulation that if the funds
remain unused by 2004 Oct 01, the money will revert back to
the General Fund.

10% to the Land Trust, with the same stipulation.

10% to the Mary Lin Playground Fund.

5% to fund Special Events such as the Easter Parade, the Spring
Fling etc.

50% to be allocated to the General Fund.

President Dennis McCarthy and Treasurer Kristin Chapman will
propose the following friendly amendment:
    The portion allocated to the General Fund will be reduced
by a sum not to exceed $1150 to cover regularly occuring
operating expenses anticipated in 2003 & 2004.  These expenses
are:
    $170 / year    Web Hosting for website
     150 / year    Frazer Center donation for meeting space
     100 / year    Epworth Church donation for meeting space
      55 / year    PO Box
      50 / year    NPU-N Expenses
      70 / 2-year  Domain Name Registration (lakeclaire.org)
      15 / year    Incorporation Registration

This amended proposal will be open to discussion and approval
by the membership at the July General Meeting.