Minnesota State University, Mankato Blue Line Club Meeting Minutes – September 9, 2019 A regular meeting of the Blue Line Club was convened by President Jason Beal at 4:00 PM on Monday, September 9, 2019, in the Bud Myers Field House Conference Room at Minnesota State Mankato. A quorum was present with 8 of 11 Board members present. Board Member – Voting Attendance Status Board Seat Expiration Date Jason Beal, Club President Present Board Term Expires February, 2021 Steve Vassar, Club Vice President Present Board Term Expires February, 2021 David Cowan, Club Sec-Treasurer Present Board Term Expires February, 2021 Casey Stedman Present Board Term Expires February, 2021 Eric Boelter Excused Absence Board Term Expires February, 2021 Brandon Stensrud Present Board Term Expires February, 2021 Brent Pattison Excused Absence Board Term Expires February, 2020 Bronson Power Present Board Term Expires February, 2020 Steve Wilcox Present Board Term Expires February, 2020 Jeremy Clifton Present Board Term Expires February, 2020 Darcy Anderson Excused Absence Board Term Expires February, 2020 Board Members – Ex-officio Nonvoting As Ex-officio Board Members there are no (Can make motions but can’t vote and Attendance Status Expiration Dates or Term Limits aren’t counted to make a quorum.) Kevin Buisman Present Intercollegiate Athletics Director John Harrington Excused Absence Women’s Hockey Head Coach Mike Hastings Excused Absence Men’s Hockey Head Coach Greg Weis Excused Absence Assist. Athletic Dir. for Develop. & Revenue Generation Nick Lewis Excused Absence Athletics Marketing & Community Engagement Dir. Meeting Minutes Approved Bronson Power moved and Steve Wilcox seconded that the Board approve the meeting minutes of June 10, 2019 as distributed. Motion Carried. As quorums were not available there were no official meeting minutes taken when some of the Board members met on August 12, 2019 or on July 8, 2019. No Increase in Membership Costs for 2019-20 Board members were assured that Blue Line Club membership fees include: Club Membership 229 People Bought Annual Cost Related to Season Related to Program Level 242 Packages Tickets Support Maverick Level 111 Packages $2,305 $1,480 for $370 x 4 Purchased season tickets/free $825 admission to Women’s Hockey Games 1 Varsity Level 116 Packages $1,155 $740 for $370 x 2 $415 Purchased season tickets/free admission to Women’s Hockey Games Purple 15 Packages $590 $370 x 1 season $220 Purchased ticket/free admission to Women’s Hockey Games Club Members also receive a 20% discount on Maverick Apparel/Gifts at the Barnes & Noble Bookstore sales table at the Verizon Center or at its store in MSU’s Student Union. A $20 Holiday Coupon is also provided which can be redeemed at the bookstore table, bookstore, or used to buy Blue Line club branded wearing apparel offered by the Club. Club members receive a 25% savings on food at Verizon Center before the games until 6:30 PM, excludes Culvers, Pizza Ranch, and alcoholic beverages. Fee ticket packets for the Women’s Games would be part of the Club’s ticket mailing for 2019-20. Apparently use of the Arena’s Ice House during the women’s games will not happen as it can’t be cleaned and made ready for clients watching the men’s game later that same day. Financial Report Secretary-Treasurer David Cowan provided Board Members with an update on the Club’s various accounts. Cowan noted that the Club’s budget year for 2018-19 began July 1, 2019 and ends June 30, 2020. It was noted that championship rings have been encumbered for $12,284 (WCHA Conference Championship) and championship watches (for WCHA Tournament Championship) have been purchased ($2,802.33 to date). $10 Holiday Coupons were redeemed at the Barnes & Noble Bookstore sales table in the Civic Center for $4,080. Dan Meyer Quasi- Foundation Blue Line Club Club Memorial Golf Foundation Endowment Endowment Account Transaction Operating Classic Golf Classic (Book Value) #055167 & Categories Account Clearing Account #051571 & Income Acct. #339294 Account #335681 Interest Acct. #335167 #339214 #421571 Prior Yr. Forward 7/1 $ 708.95 $ 19,243.87 $ 26,147.30 $ 99,869.25 $250,222.29 Current Fiscal Year Income $ - 0 - $ 73,295.01 $ 2,600.00 Transfers $ (12,000.00) Less Expenditures $ ( 4,805.59) $ (1,872.29) Less Endow. Adm. Fee Market Adjustments Endow.Earnings Dist. Transfers to Endowment Principal Less Scholarships Existing Balance $ (4,096.64) $ 90,666.59 $ 29,047.30 $ 99,869.25 $ 250,222.29 Endowment Earnings 7/1/19 Beginning Not Not Applicable $ 7,319.18 Balance Applicable Interest from Principal Not Applicable $ 77.35 $ 3,000.00 Scholarship Transfer Not Applicable $ 29.047.30 $ 2 Enhance Principal Not Applicable $ Transfer Balance Not Applicable $ 77.35 $ 10,319.18 Cash - $125,713.78 $ (4,096.64) $ 90,666.59 $ 28,747.30 $ 77.35 $ 10,319.18 Club Branded Wearing Apparel 15 embroidered jackets have been added to the inventory to honor the policy of jackets for new members. UNRL in Mankato, assuming it is licensed to use MSU/Maverick symbols, is being asked to provide a line of wearing apparel for on-line purchase from Club members – Craig Weis was going to approach them for samples that the Board could review. Membership Renewals – June 27th Chankaska Creek Ranch & Winery Social Event Switched to Civic Center Jason Beal reported that the response to the invite to meet men and women hockey team players was huge forcing a change in venue from Chankaska Creek Ranch and Winery to the Civic Center’s Performing Arts Center space with round tables and chairs for upwards of 400 Club members. Club members who were invited are those who have indicated that they will renew their Club membership with at least a $50 down-payment. The “social” is being planned for Thursday, June 27, 2019, from 5:30 PM to 7 PM with a quick program starting at 6 PM. This June date allows for the men and women hockey players to be in town and join us. Proposed Premier Hospitality Room Dates for 2019-20 Kevin Buisman reported on negotiations with the City of Mankato’s Civic Center leadership in an effort to secure these dates and times for the Club’s Hospitality Room functions next season: Confirmed - 10/12/19 - Saturday – Arizona State Sun Devils- (Game Start 6:07 PM, Hospitality Room Opens 4:07 PM. Confirmed – 11/22/19 – Friday - Alaska Anchorage Seawolves (Game Start 7:07 PM; Hospitality Room Opens at 5:07 PM. 12/06/19 – Friday - Lake Superior Lakers (Game Start 7:07 PM, Hospitality Room Opens 5:07 PM. 01/25/20 – Saturday Outdoors (Winter Carnival?) – Bemidji State Beavers (Game Start 6:07 PM, Outdoor Event 4:07 PM) Confirmed - 02/22/20 – Saturday – Alabama-Huntsville Chargers (Game Start 6:07 PM, Hospitality Room Opens 4:07 PM) Club’s Annual Meeting and Board Election. 50/50 Cash Drawings for Future No progress reported on the Board’s support for an in-game and/or pre-game 50/50 cash drawing alternative in lieu of a pre-numbered ticket drawing raffle. Greg Weis indicated he would check into whether and/or when the Club could offer a 50/50 cash drawing. Dan Meyer Memorial Blue Line Club Golf Classic Date – July 22, 2019, Monday Board members were reminded that July 22, 2019 is the date for the Dan Meyer Memorial Golf Classic held out at the Mankato Golf Club. Hole sponsorships are being solicited by Assistant Coach Darren Blue. Social Media Presence Limited Coach Mike Hastings asked the Board for its support in enlarging the social media’s presence for men’s and women’s hockey. Should the Blue Line Club pay for a weekly press conference highlighting recent games and 3 future contests? Should we ask Bethany College what it would take to enhance different views – more cameras, video staffers? Costs for more cameras and cable could easily top $72,000, and nothing is yet budgeted in the Club’s Operating Account. Conference Championship Rings and WCAH Tournament Championship Watches Board members were informed by Coach Hastings that it would be a $16,000 combined tab for the 2019 WCHA Conference Championship (MacNaughton Cup) win February 23rd against Fairbanks Alaska Nanooks and the March 23 WCHA Tournament Championship (Jeff Sauer Trophy) “miracle” win against Bowling Green Falcons. Adjournment Without objection the meeting be adjourned 5:15 PM. 4 .