Rainbow Whole Foods A.A.L. Inc. - Minutes

September 18, 2007

Attendees: Luke Lundemo, Ann Herlihy, Irene Jones, Leo Huddleston, Michael Goggans and non-board Members Bruce Fraiser, and Kenny Strehl.

Board Members absent: Joy Adams and Barbara Scobee.

A quorum was present.   The meeting was called to order at 5:45 pm.

Approval of Minutes: The minutes from the August Board meeting were approved.

Member’s Input: There was no member input.

Manager’s Report: Bruce Fraiser presented the Manager’s Report. He stated that overall sales for the previous month were up 7% with grocery sales up 6%. He stated that the total number of customers for the month of August was up 9% and that the average purchase amount was down 2% from $22.57 to $22.11. He also stated that the average Sunday sales has gone up 16%. There was an all time record sales of $314,370 with supplements having a second consecutive record month in sales. There was discussion of the termination of the HVAC maintenance contract due to shoddy work. Service will now be done by Anderson Air & Water using anti-microbial electro static filters Increased all waste and re-cycling pickups to three times per week.

Financial Report: Bruce Fraiser presented the financial report. He reviewed the various reports including cash flow chart and point of sales report. He discussed the potential tax liability and long term debt repayment. Bruce reported that overall the situation looks good.

Old Business:
Update on lease – Steve has contacted the owners and they have responded. They will have a proposal for the boards review by the next board meeting.

Ovens – still no decision on this. More research is being conducted.

Plaza Renovation – This has been tabled until the lease situation is resolved.

Recycling Area – Pickup of waste and recycling has been increased to three times per week. Also a cigarette butt disposal unit was purchased for the back. There was discussion of the compost situation. Ways to advertise the availability of compost was discussed.

The Outreach Committee will meet on the 2^nd Thursday of each month at 6pm. Daniel was absent at the board meeting so there was no outreach committee report.

Board Member Name tags – more research into pricing is to be done.

Product purchasing criteria – no feedback from department supervisors as of this date.

New Business:
Update on Steve’s evaluation criteria. There will be 8 points which will include sales growth, profitability, chapter 11 obligations, preparation for an operations audit, membership increase, staff wage and benefit increases, and improving new staff hiring and training procedures. Luke to discuss this further with Steve.

Spam from Board at Rainbow emails. Luke to get with Tully to discuss ways to decrease the amount of email spam.

Will discuss Statement of Values and Mission as an entirety.

Discussion about moving the time of the Board meeting from 5:30 to 6 pm.

Meeting was adjourned at 7:20 pm.

Minutes submitted by Ann Herlihy