KPFK Local Station Board Finance Committee

Meeting Minutes of January 31, 2011

(draft minutes - not approved)

The regular, monthly meeting of the KPFK LSB Finance Committee was held on
Monday, January 31, 2011 at 7:20 PM at Radio Station KPFK, 3729 Cahuenga Blvd.
West, North Hollywood, California, CA 91604-3504. The meeting was convened by
Kim Kaufman, who (upon election) served as Chair. John P. Garry III served as
Secretary Pro-Tem. This was the first Finance Committee meeting of the 2011
KPFK LSB. Permanent membership was not established. All meeting attendees
served as members of the committee. No minutes were approved.

LSB member-attendees: Ken Aaron, Fred Blair, Leonard Isenberg, Kim Kaufman,
Brenda Medina (arrived 7:37), Dutch Merrick (left 9:12), Margie Murray (left
8:20), Summer Reese (arrived 8:35), John Wenger.

Public member-attendees: Frank D. Aviles, Douglas Barnett, Marla Bernstein,
John De Simio, John P. Garry III, Maria de Lourdes Gonzalez.

Authority and Notice: This meeting was authorized by the LSB Chair. Specific
notice was posted on the KPFK.org and other websites beginning on January 24,
2011 (see Appendix A).

The meeting was called to order by the Convener at 7:20 PM. There was no
agenda.

ELECTION OF CHAIR

Kim Kaufman, running unopposed, was elected Chair by unanimous consent.

REVIEW OF FINANCIAL DOCUMENTS

Paper copies of "KPFK December 2010 Financials prepared by Anthony Ibarrola"
and "Pacifica Foundation Budget FY 2010" were passed out and discussed by the
committee.

Garry moved (as amended by Reese) to set the time for adjournment at 10:00 PM.
Motion passed by unanimous consent.

Motion from Wenger and Reese: "Resolved, That the Management-prepared budget
shall contain the financial details of the proposed solar array (breakdown of
listener and grant funds) and the details of all contractor employees (i.e. the
1099s)." Motion passed by unanimous consent.



Motion from Wenger and Reese: "Resolved, That KPFK Management shall open a
separate designated account for all funds solicited and collected for the solar-
array project, and that all funds already collected for this project shall be
immediately deposited in this account." Motion passed by unanimous consent.

The next meeting was scheduled for Monday, March 14, 2011, 7:00 PM, location
TBD.

Meeting adjourned by the Chair at 10:13 PM.

Respectfully submitted by John P. Garry III, Finance Committee Secretary Pro-
Tem
(these minutes have not been approved)

APPENDIX A-Meeting Notice

1. NOTICE - KPFK LSB Finance, 1/31/2010, 7:00 pm
Posted by: "Terry Goodman" tgoodman4@roadrunner.com slyde_phaeder
Date: Mon Jan 24, 2011 4:54 pm ((PST))

The KPFK Local Station Board's Finance Committee will meet on Monday,
January 31, 2010 at 7:00 pm at the KPFK station. KPFK is at 3729
Cahuenga Blvd. West, North Hollywood, CA 91604-3504, 3/4 block
southeast of the intersection of Lankershim and Ventura Blvds. Main
phone: (818) 985-2711.

Refs:
http://www.kpfk.org/lsbpnbmenu/93-calenderandnotices/4467-finance-1312010-700-
pm.html
http://www.kpfk.org/eventcal.html?task=view_detail&agid=1729&year=2011&month=01&
day=31