MendiolaDays3

C. Quorum - Since there are sixteen (16) members of the board of which twelve (12) are officio and four (4) ex-officio, it was unanimously agreed that the board will have reached a quorum if and when at the very least with seven (7) members in attendance. It is noted that this quorum is based on the minimum majority number of twelve (12) official members only.
    It is decreed that everyone present during this evening’s meeting shall comprise the Organizing Committee for the coming reunion come February 2001.

D. U.S. Alumnae - The following unconfirmed U.S. batchmates are coming home for the Centennial Homecoming come February. They are Bembot Buencamino, Rene Flores, Boyet Galman, Shaggy Gonzales, Junie Litiatco, Ned Manalili, Wigs Mendoza, Rene Palileo, Art Pugeda, Mon Robrigado and Ody “George” Santos.

E. In anticipation of a hectic month ahead, the next meeting is set for the 7th of December and 11th of January 2001.

There being no further business to discuss, the meeting was adjourned at 2120H.

Attested by :
FILOMENO G. YAPTINCHAY
Board Chairman
LUIS S. DIONISIO
Corp. Secretary

C. SBCHS73AFI Fund -

1) Mr. M Sanchez presents bank statement with numerous dormancy charges due to non-movement of savings account held with First E-Bank. The committee under Mr. Gabby Panlilio will take care of updating the account and is given the blanket authority by the board to seek out the best and highest yielding instrument in town banks can offer which will prove advantageous and increase the group’s fund.

2) Atty. S Cases’ arrival at 2100H presents to the board the Secretary’s Certificate of the approved board resolution changing the existing authorized signatories to a new set. They are to meet in the bank on the 14th of November to secure and accomplish signatory cards and inquire about other pertinent requirements that may be needed to open a new account.

3) Mr. R Samaniego made a run through scrutiny of the bank statement and instructs Mr. M Sanchez to reconstruct and come up with a Balance Sheet of the foundation’s fund to be submitted the following board meeting hereafter. He further reiterates the need and encourages everyone to help in raising funds in preparation for next year’s batch reunion with US-Canada alumnae and future projects other than scholarship grants.

II. NEW BUSINESS MATTERS :

A. Affirmation of Commitment to Serve Board - Each and every board member present was asked to affirm their commitment to serve and all but none “vowed to perform their respective duties to their utmost capacity, exercising the diligence and integrity to the highest degree humanly possible.”

B. Internal Auditor - Mr. Richard D. Chan is appointed Chairman of the Auditing Committee that will serve as check and balance of all movements from and into the foundation’s fund. He is at liberty to recruit members of this committee.

SUGGESTED AGENDA :
(DECEMBER 07, 2000)
*UPDATE OF REUNION W/U.S.-CANADA ALUMNAE
*INFORMATION DISSEMINATION CAMPAIGN
*TELEPHONE BRIGADE ASSIGNMENTS
*OTHER MATTERS

M    I    N    U    T    E    S

OF THE BOARD MEETING OF SAN BEDA COLLEGE HS’73 ALUMNI FOUNDATION, INC. at MANILA POLO CLUB, Makati City, on 11 NOVEMBER 2000 at 1930H.

Present:
Tony del Carmen   Luis S. Dionisio   Ronald C. Samaniego
Atty. Paulino E. Cases Jr. Jose S. Lazo Filomeno G. Yaptinchay
Richard D. Chan   Gabriel S. Panlilio   Dr. Sofronio S. Velante
Marlo D. Sanchez

Absent: Eduardo A. Apacible, Jorge Q. Concepcion, Atty. Rafael S. Dizon, Salvador A. Depante, Eduardo R. Enriquez Jr., Ismael G. Mathay III

After the presence of a quorum was announced by the Chairman, the meeting was called to order and declared the table open for business with M. Sanchez presiding. Minutes of the October 26 meeting were read and upon motion was approved as presented

I. MATTERS ARISING FROM THE MINUTES :

A. SBCHS73AFI Scholarship - Although criteria for scholarship selection has yet to be presented by the concerned committee, a scholarship fund in the amount of Fifty Thousand (PhP50,000.00) Philippine Pesos is earmarked to finance the grant.

B. RP-US GimiKnight - Final date of reunion among local and US alumnae is unanimously approved and set on the 17th of February 2001. Venue is at the open-air covered roofdeck of PBD Bldg. along Roces Ave. in Quezon City. A love offering of Five Hundred Pesos (PhP500.00) shall be collected for gimik participants. However, since the set date coincides with the SBC Centennial Homecoming, interested batchmates are still encouraged to go. An official group will be sent to participate in the earlier portion of the planned festivities only to proceed later in Quezon City.