August 14, 2008 7:00 PM Alamance Presbyterian
∑ Treasurerís Report: The bank account balance is 1918.00
∑ Dave Gearhart advised the committee that a developer had requested that we conduct a survey of residents in area to determine the type of drugstore that people would be interested in having nearby. The drugstore survey will be developed and distributed right away. Lonnie Baxley will be developing the survey and will post it on the association website. Joe Andrews will send out an invitation for the survey to the association email list and to others in the area who may further distribute the invitation to their email lists.
∑ Dave Gearhart updated the committee on the progress of the Food Lion store. It is due to be completed in December 2008. He also shared some data with the committee regarding the amount of grocery purchasing power that exists locally. Within a three mile radius of the Woody Mill site, 12.7 million dollars annually are currently being spent elsewhere for groceries. Within a five mile radius, the figure is 28.7 million annually.
∑ Dan Donovan updated the committee on the status of the 501(c)(3). The attorney is currently working on developing the articles of incorporation for the new non-profit corporation. Dan hopes to meet with the attorney again soon.
∑ Harold Garrett gave an update on the preliminary results of the greenway/bike path survey. The survey will remain open until August 30.
Bob Chamberlain will work on developing a
plan for advertising. The committee discussed promoting the Association
Joe Andrews took these minutes.