CORSICA FOUNDATION BOARD MEETING MINUTES

FEBRUARY 9, 2007

THE CORSICA FOUNDATION BOARD MET ON FEBRUARY 9^TH WITH THE FOLLOWING MEMBERS PRESENT: ROGER BORDEWYK, SCOTT MUCKEY, VERN DEGEEST, SYLVIA ZOMER, DICK BORDEWYK, AND ROSE LAUCK.

TREASURERS REPORT INDICATED OUR CURRENT FINANCIAL STATEMENT WITH A BALANCE OF $48,338.00.

MOTION BY SYLVIA, SECOND BY DICK WITH ALL VOTING AYE TO INCLUDE THE BEUKELMAN/HOEKSTRA SCHOLARSHIP FUND IN THE FOUNDATIONS FUND BALANCE TO ASSIST IN REACHING THE $50,000 GOAL NEEDED TO OBTAIN THE $12,500.00 GRANT. WHEN THE GOAL IS REACHED, THE CORSICA FOUNDATION AND THE BEUKELMAN/HOEKSTRA SCHOLARSHIP FUND WILL EACH BE CREDITED WITH THEIR PRO-RATED AMOUNT.

MOTION BY DICK, SECOND BY ROSE WITH ALL VOTING AYE THAT THE FOUNDATION WILL HAVE A REGULAR QUARTERLY BOARD MEETINGS ON THE SECOND FRIDAY OF THAT MONTH, WITH SPECIAL MEETINGS TO BE CALLED AS DEEMED NECESSARY. THE NEXT MEETING WILL BE ON MAY 11^TH, 2007, FOLLOWED BY MEETINGS ON AUGUST 10^TH, 2007; NOVEMBER 9^TH, 2007; AND FEBRUARY 8^TH, 2008.

MOTION BY SYLVIA, SECOND BY ROSE WITH ALL VOTING AYE THAT WE ORGANIZE A CORSICA FOUNDATION, BEUKELMAN/HOEKSTRA, AND SOUTH DAKOTA FOUNDATION GET-TO-GATHER TO PROMOTE THE FOUNDATIONS AND TO ALSO RECOGNIZE THE BEUKELMAN/HOEKSTRA CONTRIBUTION. PRESIDENT ROGER WILL CONTACT THE INDIVIDUALS TO SET A DATE WHEN ALL PARTIES CAN BE PRESENT.

DISCUSSION WAS HELD REGARDING THE NEED FOR A COMBINED MEETING WITH ALL COMMUNITY GROUPS/ORGANIZATIONS TO COLLECTIVELY PROMOTE THE VARIOUS ACTIVITIES THAT THEY EACH PROMOTE WITHIN OUR COMMUNITY. THE THOUGHT WAS TO KEEP US ALL MOVING IN THE SAME DIRECTION. PRESIDENT ROGER WILL PURSUE THIS CONCEPT.

THE MEETING WAS DECLARED ADJOURNED BY PRESIDENT ROGER AT 7:45 A.M.

THE NEXT REGULAR MEETING DATE IS MAY 11^TH, 2007 AT THE CORSICA TRAVEL PLAZA. THE MEETING WILL BEGIN AT 7:00 A.M.

Vern DeGeest, Secretary