Minutes of Special Unit 207 Board Meeting

April 19, 2008

The board met to discuss a written proposal from the Bridge Center of Austin (BCA) for Unit 207 to commit to holding sectionals and unit games at the new BCA location, assuming the BCA moves to that location. Board members present were Harriette Bowles, Mark Miller, Robert Donathan, Phyllis Tate, Mark McAllister, Joe Black and Charlie Aufill. Absent were Leonard McCormick (out of country) and Larry Davis, who is a part owner of BCA and chose not to participate in the board discussion.

The board crafted a response to BCA which included a commitment to hold 2 sectionals a year, plus unit games, at the new BCA. Proposed rent for sectionals was less than what BCA had proposed. Also proposed was that BCA be responsible for drinks and snacks at sectionals. Also proposed was that BCA be allowed to hold one club sectional a year (2-day or 3-day). The board voted to approve the unit response and submit it to BCA.

The next day BCA President Beth Tobias replied with written comments on the changes the unit made from the BCA proposal, saying, in effect, that the new BCA venture has high financial risk with low profit potential, and that the BCA shareholders would be unlikely to proceed without a more favorable proposal from the unit.

The unit discussed the matter in email exchanges and agreed to modify the proposal to terms more favorable to BCA, including BCA’s proposed sectional rent, dropping the snacks/drinks requirement, and not limiting the length of the yearly club sectional. A final version of the unit proposal was sent to the board members and a vote was taken to approve the document for signing.

Submitted by:

Mark McAllister

May 13 2008