COMMUNITY FOOD CO-OP

BOARD OF DIRECTORS (BOD) MEETING

REMOTE VIA ZOOM

14 JANUARY 2021

MEETING MINUTES

 

PRESENT: B. BUCHANAN, A. DAWOOD, C. HILDRETH, H. KIM, J. MADGIC, L. PETERMANN, S. QUARLES, C. SHANKS, M. SKOGLUND, K. WISEMAN (GENERAL MANAGER), J. MADDEN (FACILITATOR), T. RODRIGUEZ (BOARD ASSISTANT).

 EXCUSED: None absent.

 

Check-Ins

MEMBER FORUM: no members.

CONSENT AGENDA All committee notes were accepted. Minutes were approved. Action item checklist was reviewed.

 

GMM Date Final Decision: Tuesday, June 8 2021.

Consider starting the meeting at 7pm so that people who work regular business hours can attend. Election materials will be put online and a few paper copies at Customer Service.

 

GENERAL MANAGER’S REPORT

 Covid: Grocery workers have been lowered in priority for the vaccine to late spring/early summer. The Co-op will continue requiring masks until the CDC reports it is safe to loosen the requirements. A staff survey will be conducted in April. The GM and Board discussed scenarios and estimates for potential renovations to specific areas of Co-op west Main. Decision: The Board approved up to $140K for a CWM renovation project. This project is expected to begin in the spring and can be completed with cash on hand. In a separate decision, the Board approved $45K for the purchase of a pallet lifter. The old pallet lifter will be traded in to the same company to offset cost.

 

MISCELLANEOUS

 

FINANCE

November 2020 followed the pattern of previous years with cash and sales down except for the lead up to Thanksgiving. A similar pattern happens in December, until before Christmas. This year, the Co-op West Main saw some of its biggest Thanksgiving shopping days, with new records for several departments and an overall sales increase of 12.3% over 2019’s Thanksgiving week. For the month as a whole, the Co-op West Main was up by 10.3% while the Co-op Downtown was at -51.3% over last year.  Global growth in November slowed to 3.2%. The Co-op made $125k in member loan principal payouts, as well as $133k in member loan interest payments in November.

 

REVIEW OF ACTION ITEMS

EXECUTIVE SESSION: none.

MEETING ADJOURNED 8:30 PM