Trust Board Meeting, 28th February 2005
Venue: Novar Bar, Kirkcaldy
Present: James Proctor (JP), Collas Pilmer (CP), George Howie (GH), Tom Phillips (TP), Chris McFarlane (CM), John Mainland (JM)
Apologies: Neil Langtree (NL), Alan Russell (AR) – at supporters club meeting
Minutes of previous meeting
Minutes were agreed as a fair record of the previous meeting
Treasurer’s report
Update given on finances
Membership update
Currently at 355 – 108 Founders, 209 New Adult, 38 Junior
Matters Arising
Public Launch Successful event, good attendance
Write to Fife Council regarding local plan and areas of mutual interest
Community Ownership:
- Finance Issues
- Need to have budget set to use initial funds prudently
- Loan Fund Agreed
- Sliding scale of voting 1 Loan Note (LN) = 1 vote, 2-5 LN = 2 votes, 6-10 LN = 3 votes, over 10 LN = 4 votes Agreed Membership would be given to anyone buying LN who was not already a member
- Agreed that membership would have to be maintained by the noteholder to retain voting rights in loan fund
- Check to see what SD money is still available to be claimed
- Legal Issues
- Agreed to decline WJM proposal at this time
- Agreed to continue dialogue with WJM in regards to legal matters
Communication Team:
- Local media coverage was good but required further work
- Essential to get good images and some personalities involved
- Members letter needs to go out by 7th March
- Contact 50 Club in regards to ongoing communication issues
- Initial fundraising of £100k to be circulated
Business Plan:
- Meeting scheduled for 3 March to carry forward
- Needs sharpening up in light of new information/accounts
Fundraising:
- Need to create fundraising pack outlining support to volunteers
- Agreed budget of £1,500 for pack, signage and merchandise
AOCB
Banning Orders – Circulate information to members for consultation
Local Residents – Send reply to letter received at Public Launch
GH given authority to vote for Supporters Direct Directors
Date of Next Meeting
Monday 14 March 2005 – 7.30pm @ Novar Bar
