2017-2018 Officers: President:
Connor Bostedt ’16; Vice-President: Vic Caricato ’78 Secretary:
Orin Rehorst ‘73 Treasurer: Chuck Hvala ‘73
2017-2018 Board: Connor
Bostedt ’16 Vic Caricato ’78; Chuck Hvala ’73; Ed Kelly ’72;
Randy Moore ‘13, Dennis
O’Connell ’78, Orin Rehorst ‘73 Tom Stern
’72, and Jake Winters ‘15.
Alumni Present: Terry Austin
'69, John Bokum '72, Connor Bostedt ’16; Vic Caricato ’78; Ralph Hinkle ’70,
Chuck Hvala ’73; Ed Kelly ’72; Dennis O’Connell ’78; Orin Rehorst ’73; Bob
Schumaker '74, Steve Stapleton '79, Tom Stern ’72; Jacob Winters ’15
Active Members Present: Cole Harris, Jake Batusich
Left: Campus West house under consideration as a new house
Right: Campus West owner Mr. Markert addressing board members
TOPIC
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DISCUSSION
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ACTION/FOLLOW-UP
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President’s Report
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Connor opened the
meeting in the Algonquin Room of the WIU Student Union. Connor mentioned the the
entire meeting would be primarily devoted to the house committee report.
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Treasurer’s Report
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Chuck provided the balance or funds report
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House Committee Reports
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Terry Austin and Chuck presented real estate details and
financial reports respectively. Please request access to these reports if
desired.
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House discussion
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Terry estimated cost for electricity would be
$78 per month per tenant for Campus West. He said the latest price negotiated
for Campus West was $489,500.
Bob Schumaker said basement windows for the modular unit would allow egress. He felt that the modular unit would do more to promote camaraderie among the brothers. Ceilings are 8 foot in the modular unit. Bob noted that interest would need to be paid during the construction phases. It was also mentioned that the property for a modular unit would require a holding pond. It was mentioned that we may need legal cover for profits made before we make Campus West a fraternity house. Bob Leoni was said to be available to help us with legal issues. He had volunteered. Vic mentioned that board members would likely require Indemnity insurance to remove personal responsibility. Jake and Connor said that anything over $700 per month for rent would likely create trouble among the brothers. The idea of changing the first floor of Campus West to accommodate common areas was presented. |
It was moved and resolved that Terry would
approach the Campus West owner and offer to purchase. The price range agreed to
was $391,000 to $435,000.
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Closing
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Connor closed the meeting.
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Secretary
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End of Report
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