ALCHEMY BOD MINUTES: SPECIAL MEETING JANUARY 2014

ALCHEMY, LLC - BOARD OF DIRECTORS
January 1st, 2014
Conference Call
 
 
4:05pm Meeting comes to Order
 
I. TAKE ROLL
Sarah Griffith, Trevor Register, Dusty Graham & Ranger Nugget.
 
II. RECORD OF BUSINESS TAKEN IN SESSION BY BOARD SINCE LAST MEETING
1.  Approve December 2013 Minutes
        Proposed: Sarah
        Approved by consensus
 
2.  Approve LLC paying gas for Lafayette trip
        Proposed: Sarah
        Approved by consensus
 
4.  Approve a yearly recurring membership fee of $360 for C4 Atlanta
        Proposed: Sarah
        3 yea, 1-abstain (David)
 
5.  Approve $3,000 donation to National BWB earmarking $1,000 for BWBGA and $2,000 for development/organizational activities for Georgia Burners, LLC.
        Proposed: Dusty
        Approved by consensus
 
6.  Deny proposal by The Sextant Group to complete a sound study on Cherokee Farms for $9,500
        Proposed: David
        Approved by consensus
 
7.  Approve FAI, Inc.'s offer to purchase outstanding assets of Alchemy, LLC. for the purchase price of $14,898.30 with a $10 consideration and a promissory note due in 36 months.
        Proposed: Nugget
        4 yea, 1 abstain (David)
 
8. Approve Alchemy 2013 Event Report
        Proposed: Trevor
        4 yea, 1 abstain (David)
 
9. Approve Charitable Donations document for posting
        Proposed: Sarah
        4 yea, 1 abstain (David)
 
10.  Approve Alchemy P&L Report for release
        Proposed: Dusty
        4 yea, 1 abstain (David)
 
III. BUSINESS OF SPECIAL MEETING
Motion to accept record of business as presented by Nugget on 12/31/2013.
Proposed: Sarah
Second: Trevor
Passes via consensus of non-conflicted BOD members.
 
Motion to grant David Stabler the authority to close all Alchemy, LLC bank accounts.
Proposed: Trevor
Passes via consensus of non-conflicted BOD members.
 
Whereas Alchemy, LLC will be dissolving ,
Let it be resolved that all Event Leads, Team Leads, volunteers, and Officers of the company are released from service effective 4:30PM EST on 1/1/2014.
Proposed: Trevor
Passes via consensus of non-conflicted BOD members.
 
Motion to dissolve Alchemy, LLC effective 4:45PM EST on 1/1/2014.
Proposed: Trevor
Passes via consensus of non-conflicted BOD members.
 
Motion to approve the minutes of this meeting.
Proposed: Trevor
Passes via consensus of non-conflicted BOD members.
 
Sarah Griffith resigns from the BOD of Alchemy, LLC.
Alexander Hodge (Ranger Nugget) resigns from the BOD of Alchemy, LLC.
Dusty Graham resigns from the BOD of Alchemy, LLC.
Trevor Register resigns from the BOD Alchemy, LLC.
 
IV. Adjourn 4:28 PM EST.