Golden Boys Annual Meeting – March 2, 2005

The annual Golden Boys Breakfast Meeting was called to order by Al Valenti  at
8:25 a.m. with all board members present.Larry Freehauf took the floor to recognize all of the new members that  have joined the Golden Boys during the past year.

Due to time constraints, the minutes of last year’s annual meeting were
accepted without objection.

The treasurers report was presented by Dan Coviello showing a bank balance  of $7,734.02. Total committed funds amount to $5,667.67 leaving a balance  of $2,066.35 net funds available. The net difference of income less expense  for the year is a gain of $690.44.  Golden Boys activities are budgeted to be self supporting, thus  participation
fees are set to recover all estimated costs.

The annual dues for the year 2005 have been set at $25.00.

The Social Chairman’s report was given by Al Valenti. The next dine-a-round  is to be held on March 29 at The Fish Market. Al reports good attendence at  the two previous events. The annual picnic, to be held on September 15 at  Paris Mountain Lodge, will be under the direction of Gene Witherspoon. The  annual Bolden Boys Christmas Party is scheduled for December the 8th with Wendell Alderman chairman.

The Golf Chairman’s report was given by Doug Bond. He stated that the Golden Boys Golf Program was made up of six different programs: the  regular weekly games, the interclub matches, Member-guest tournament, match play championship, medal play championship and two events with the  LGA.

All interclub assignments have been made and posted. A list of the  monthly captains were announced (volunteers are still needed for  June, July, August and November).

Dick Davis gave a report on this years Member-Guest  tournament. The signup sheet for this event has been posted — the cost will be  $300.00 per team. This covers green fees, cart fees and two evening social events  for participants and spouses.

Conde Sargent presented an appreciation award to Marty Zernick for the  many
contributions he has made to the Golden Boys Organization over the  years.
George Baker presented Conde Sargent a plaque in gratitude for his  service
as president and many other efforts on behalf of the Golden Boys  Organization.

Arthur McMaster proposed a social get together with the wives for a 50’s –  60’s dinner/dance. This will be considered at the next board meeting.

George Baker presented the following: Motion — “For all Golden Boys-sponsored events (except those that include non Golden Boy members as  participants) Members who’s combined Age and Handicap equal or exceed 100, may at  their option play from either the White or Black Tees.”  After hearing discussion (pro and con) from the members, the motion  passed.  The course is to be re-rated in the near future to include the Black  Tees.

Mark Pavano gave a short update on the status of the club. The club needs a certain number of rounds played each year to be profitable. A new pricing  schedule has been installed: Linkside $34 weekdays/$44 weekends,  Creekside $29 weekdays/$39 weekends, with lower rates during twilight hours on  both courses.

The meeting was running long and was adjourned at 9:25 a.m.

Mack Whitley, Secretary