Meeting called to order at 10:15 a.m. by President Reid Allen

Minutes of previous board meeting were not available. Approval carried over to next board meeting

Treasurer's Report:
Club Checking: $11,210.90
Foundation Checking: $4,648.95

Craig Wallace reported that he will make a payment of $5,000 for 2008 float. Another $2,000 has been paid but not processed by district. With the $35,000 previously paid, we are now at $42,000 leaving $8,000 to be raised for the float.

Dave Wallach made a request for reimbursement of $ 100 for propane used by food wagon. MMS (Madick) Passed.

Lydia Soriano is working on promotion program which will be presented at next board meeting.

Status of Division 2006-07 directory was reviewed. More follow up will be needed; in the meantime Craig Wallace will solicit for business card ads. He received 8 business cards from members present fulfilling clubs quota for ads.

KI Foundation is attempting to raise $37 million of which $1.5 million would be designated for Rose Float. This will be a 5 year program. President Reid encouraged everyone to get behind the program.

MMS (Bowers) to contribute to KI Foundation $ 300.00 to Annual Club Giving.

Lt. Governor Bob Pierre discussed the CNH Governor's official Visit to Division 10 on March 15 at Almansor Court. More information to be forthcoming.

Dave Wallach discussed status of Grand Drawing. Still have 90 tickets that need to be sold. Only major fund raising we are doing this year. Our ability to fund float depends on selling 100% of tickets.

Future Meetings:

January 27, 9:00 AM Club Meeting, Citibank - Pasadena
February 10, 7:00 AM Club Meeting, Mid Year Conference South - Ontario
February 17, 9:00 AM Board Meeting, Citibank - Pasadena
February 24, 7:00 AM Club Meeting, Mid Year Conference North - Sacramento
March 17, 11:00 AM Club Meeting, Seal Beach
March 24, 8:00 AM Committee Meeting Citibank - Pasadena
March 24, 0:00 AM Club Meeting
March 24, 10:00 AM Board Meeting

Meeting adjourned 11:45

Submitted

Roy Talley
Acting Secretary