November '99 Vestry
Meeting
November 9, 1999
Attendees: Kimberly Axtell, Doug Dunham, Kathy Dunham, Susie Ferguson,
Terry Francis, Terry Gooding, Ron Howie, Natalie Mena ,Brenda McHenry ,Ed
Mueller, Russ Petruzzelli, Nolan Redman, Roberta Verderico, Joan Wagner,
Warren Willard.
Absent: Roberta Verderico
A motion was made by Kathy Dunham to approve the minutes as
corrected. The motion was carried.
Financial Report
The financial report was approved as presented. Outreach
funds need to be spent.
Investment Report:
A recommendation was made to move the Merriman Managed
Account to Strategic Capital Management. A
proposal for financing the improvements for the Joint Venture using the
Shadinger Endowment fund was made by Ed Mueller
indicating that the account would yield 8% and good works monies would be
available. A statement concerning the Shadinger
monies should be made at the annual meeting.
The organ cost may range between 40 – 70K. Monies will be
raised from the individuals of the two churches. A
motion was made to move the William Schaefer memorial fund of $5,052.74,
to the Organ Fund. The motion died for lack of a second.
Discussion was held and a decision was made to table this
motion until the decision concerning which organ to purchase.
Junior Warden Report
The Joint Venture Improvement project is slowing down. The
patio is not finished. 55% of the cost has been paid out. A
proposed Joint Venture Budget was presented. Joint venture is in good shape.
Reserve funds are above the 15% reserve required and a discussion was held on
returning $12,864 to the congregations. UCC is
concerned about expansion monies due to size of their congregation.
The vestry members need to be aware of UCC’s concerns with
financing the building fund.
Committee Reports:
Fellowship: Christmas
Party and New Years Eve Party are coming up.
Christian Education: Sunday
School program is going well. The kids are there.
Outreach: Warren
presented a partnership with Holy Spirit Parish and UCC in the resettlement of
a refugee family in San Jose. Warren proposed that the vestry approves
exploring a relationship with Holy Spirit and our own church members to
support a refugee resettlement program. Discussion was held. A
letter was received from Africa. There is a need for 6K to complete this
project. Francis Steitz is collecting for this effort.
Thirty- four families have pledged. Two are new. We are
about 100 pledge families every year. Another letter may go out after next
Sunday’s services.
Santa Maria is having a fund raiser to retire the mortgage.
Goal is to raise $300K with $50K to come from the Diocese.
The vestry retreat will be held February 4th and
5th at the Methodist Church in Willow Glen. Dinner will be held on
the evening of the 4th.
A nominating committee will need to be formed to acquire
four members. Belinda has volunteered for next year. This needs to be in place
by mid December. The annual meeting will be held either the 9th or
16th of January. Announcements will be made next Sunday.
The Fair Share for 2000 will go down to 39,247. A move was
made and seconded to pay this Fair share to the Diocese. Vestry so approved.
A straw ECA 2000 Budget was presented.
December meeting will include dinner at 6:30. Bring your
spouses. This is not a potluck!
A motion was made to spend $1300 from the memorial monies to
pay for the hymnals Margaret requested. The motion
was approved by the vestry.
Respectfully submitted,
Joan R. Wagner
Vestry Clerk.
