B o a r d o f D i r e c t o r s M e e t i n g M i n u t e s

April 19, 2021 Kalahari Resorts | Round Rock, TX

compiled by Texas Dealer staff

Board Members in Attendance:

Robert Beck, Mark Jones, Robert Blankenship, Brad Kalivoda, Juan Sabillón, Chad Lancaster, Greg Phea, Ryan Winkelmann, Vicki Davis, Armando Villarreal, Russell Moore, and Greg Reine.

TIADA Staff in Attendance: Jeff Martin, Earl Cooke, Teresa Orkun, and Patty Huber.

At its meeting on Monday, April 19, TIADA took the following actions:

President Robert Beck called the meeting to order at 1:06 PM.

Minutes of Last Meeting

Secretary Ryan Winkelmann presented the minutes of the last Board of Directors Meeting.

A motion was made to accept the minutes.

Moved by Mark Jones, seconded by Juan Sabillón — PASSED

Treasurer’s Report

President-Elect Mark Jones presented the treasurer’s report on behalf of absent Treasurer Eddie Hale.

A motion was made to accept the report.

Moved by Ryan Winkelmann, seconded by Vicki Davis — PASSED

President’s Report

Attendees reported on their member outreach calls. Robert Beck reported on Bylaws Committee — no proposed bylaw amendments.

Executive Director’s Report

Executive Director Jeff Martin gave an update on Conference, CPO Program, and Member Survey. Director of Compliance and Business Development Earl Cooke provided an update on INDEPAC.

Mark Jones presented the FY21 Budget, Discussion took place regarding the Reserve Account.

Jeff Martin reported on the Financial Investment Committee and presented the proposed FY22 Budget.

Earl Cooke provided a Legislative Update.

Special Projects Manager Teresa Orkun presented a report on membership renewals.

Director of Associate Member Relations Patty Huber presented a report on Associate members activity.

Old/New Business

A motion was made to approve Fisher Investments as the financial advisor for the investments of the Reserve Funds, as recommended by the Financial Investment Committee. Moved by Vicki Davis, seconded by Greg Phea — PASSED

A motion was made to move $260,000 in April from the Operations Account to the Reserve Account. Moved by Juan Sabillón, seconded by Russell Moore — PASSED

A motion was made to adjourn the meeting.

Moved by Robert Blankenship, seconded by Armando Villarreal — PASSED

Robert Beck adjourned the meeting at 4:53 PM.

Respectfully submitted, Ryan Winkelmann, Secretary

A c o m p l e t e c o p y o f a n y r e p o r t s r e f e r e n c e d i n t h i s d o c u m e n t a n d m o r e d e t a i l e d n o t e s f r o m t h e m e e t i n g a r e o n fi l e a t t h e T I A DA o f fi c e a n d a v a i l a b l e u p o n r e q u e s t .