NCCSPA ANNUAL MEETING NOTICE

Wednesday, October 24, 2007 7:30pm

Audubon Naturalist Society

8940 Jones Mill Road, Chevy Chase

Permanent Members are encouraged to attend & vote

1 member vote per family unit

Dear Members of the North Chevy Chase Swimming Pool Association,

It is time for us to gather for our annual meeting and reflect on the past summer, and make plans to ensure that our pools and tennis courts are safe, fun, welcoming places for our community in future summers. We are lucky to have this wonderful place to recreate right in our community, and we plan to preserve and improve it going forward. Please attend the meeting to hear about the status of your pools and tennis courts over last summer and what lies ahead, and to voice any comments or concerns you have about your club.

AGENDA

1. President’s report – season review
2. Financial Statement
3. Vote in new board of directors
• Continuing 2008 Board Members: Alan LoRe, Maggie Sisti, Roger DeLucia, Michael Gan, Jim Williams, Judy Tremmel, Eric Smith, Dan Rigaux, John Fox
• Retiring board members: Paul Monsees, Ruth Lampi, Michael O’Rourke
• Eligible Board members for another term: Jeremy Kranowitz (President), Carrie Witkop (Vice President), Jane Houlihan (Secretary)
• Proposed Board members for new term: Chris Hersman, Emmett O’Keefe, Don Silverstein
• Nominations will be accepted from the floor as well
4. Proposed Bylaw Change (see below)
5. New Business

I hope you will attend the meeting, and look forward to seeing you on the 24^th!

Regards,

(signed) Jeremy Kranowitz

President

Proposed Bylaw change:

The board proposes making a change to the bylaws, as follows:

Bylaw XII-I, as it currently stands:

“A member family in good standing that wishes to resign from the Corporation shall inform the Administrative manager in writing of this decision. The Board of Directors shall authorize payments to resigning members at no less than eighty per cent of the current initiation fee less any indebtedness to the Corporation.”

Proposed change:

“A member family in good standing that wishes to resign from the Corporation shall inform the Administrative manager in writing of this decision. As a partial refund of their initiation fee, the Board of Directors shall authorize payments to resigning members who were members as of 10/24/2007 at $720 less any indebtedness to the Corporation. Members who join the Association after 10/24/2007 shall not receive any refund of their initiation fee.”

Rationale:

The board proposes making a change to this bylaw to help build a capital fund to make the required large repairs to the pool necessary to maintain our 52-year old pool. This proposal would mean that new pool members would not get their initiation fee returned when they resign. Existing members would receive $720 upon their resignation (less any indebtedness), which is equivalent to 80 percent of the 2007 initiation fee of $900.