Dick Fisk, Stefanie Kelly, Janice McCreary and Simona Mkrtschjan. The minutes of the previous meeting were approved. Member Comments Doug Anderson commented that the radio ads placed on WFMT were both educational and informative. February income was under budget due to increased administrative and other expenses. The building permit has finally come through, so the liquor store will move downstairs, pro-duce prep will move upstairs and the restrooms will open on or near April 3.
Sales continue to be above budget.
Total operating expenses have increased over budget and over last year's actual operating expenses. The committee met twice to discuss the financing for the remodel. They reviewed five banks' loan packages, and recommended that the board go with the Hyde Park Bank. Gladys Scott asked whether we should continue making contributions while indebted to the bank. A number of Board members expressed the feeling that it was the Co-op's responsibility to give back to the community.