1. Meeting Focus, Presidents update &
Agenda Review:
The President reported that he was quite impressed with the balance
of programming found on Cable 10. He also noted that much of the programming
was tied to events going on in the community.
The Auditor (Mr. C. Hauser) from Holloway & Co. reported on
the Draft Financial Statements for the past fiscal year. He noted
that the audit went very well, that the books were prepared in a timely
fashion and that the information presented was accurate. He noted
that from a Cash Flow perspective revenues are up and Debt was coming
down. Assets grew only $100 K over the past year and there were no
significant changes in operating expenses. Depreciation was reviewed
in some detail noting that CRTV would increase modem depreciation
to 30% per annum in the next fiscal year.
Moved by B. Henshall, seconded by L. Marshal: THAT the draft Financial
Statement for 2003 as presented, be
approved, providing for the changes as discussed. CARRIED.
Moved By S. Sinnott, seconded by R. Kerr: THAT the proposed Union
contract with Local 230 of the IBEW be approved.
2. Minutes of the Meeting of 6 October 2003:
Moved by B. Henshall, seconded by K. Croft: THAT the minutes of
the meeting of the 6 October 2003 be
approved. CARRIED.
3. ENDS:
Ends policies (EP1to 5) were quickly reviewed with no changes or
additions made.
4. Board Governance Policies:
Board Governance policies (GP1 to 8) were quickly reviewed with no
changes or additions.
5. Linkage Limitations:
Moved by L. Marshal, seconded by B. Henshall: THAT the NEW draft
Board Policy EL7 be tabled until the next
available Board meeting. Carried
6. Monitoring Confirmation:
Board - GM Linkage policies (BL1 to 5) were quickly reviewed with
no changes or additions.
7. Ownership Linkage:
The attached draft RFP as prepared by L. Marshal was reviewed by
the Board noting a number of changes to be
implemented. The objective is to Press Release the RFP at CRTV's AGM.
8. Incidental Information:
Moved by R. Kerr, seconded by L. Marshal : THAT the Consent Agenda
be approved. CARRIED
9. Board Meeting Evaluation:
The Directors evaluated the meeting noting that it was a "Heavy
Duty" meeting and that the Auditors Financial stement allowed
the Board to get more "Hands-on" in the operation
10. ADJOURNMENT:
Moved by S. Sinnott, seconded by B. Henshall: THAT the meeting be
adjourned at
8:24 p.m. CARRIED
HISTORY
