Board Meeting Friends of the First Company Governorís Horse Guards, Inc


Date:††† 05-12-2010†††† ††††††††††† ††††††††††† ††††††††††† ††††††††††† Location:††††††††† 99 Restaurant Avon, CT.

Time:††† 19:00 hrs†††††††††


Present: Board Members: Richard Belliveau, Andrew Arsenault, Bill Cowell, Ken Nelson, Richard St. Pierre, Richard Morgenstern

Absent: James Murdock

Guest: Steve Meltzer


The Friends of the First Company Governorís Horse Guards held a board meeting on 12 May 2010 to review its financial position and conduct any new business that arises.


Minutes - The board meeting minutes of 22 April were reviewed and approved. Motion made by Rich St Pierre and 2nd by ††Andrew Arsenault


Financial Review:-Nothing new to report


Golf Committee Ė Nothing new to report other than regular golf meetings are being held on a monthly basis and the 5th Annual Golf Tournament is moving forward.


New Business


1.A motion was made by Rich Belliveau and seconded by Ken Nelson to have Steve Meltzer become an honorary member and attend director meetings approved by all.


2.Certificate of Liability for Horse Show Rich Belliveau brought up the issue of the Certificate of Liability Insurance that was issued for the upcoming horse show did not include members of the 501 c 3. Richís concern was that members of the 501 c 3 and anyone else who did not sign the hold harmless agreement would not be covered. Rich was going to have the certificate amended to have the 501 c 3 members added.


3. Funding of additional horses. The board discussed a proposal to sponsor two horses for the First Company Horse Guards. A motion was made to allow up to $10,000 starting July 1, 2010 and ending June 30, 2011 for the support of two horses.Rich St Pierre made the motion, seconded by Andrew Arsenault and approved by the board. This agreement was to run for one year starting in July 1, 2010 and supplement the state budget given to the horse guard. Rich Belliveau will generate a letter of intent for Major Downes and the military department.


Members of the board raised concerns that the 501 c 3 could be expending more monies than are coming into the treasureIt was suggest this concern be discussed with Major Downes.




Next meeting.3rd Quarter 2010 DBT†††††††††††††††††††††


William J. Cowell, Secretary