AGM

7. The AGM (Annual General Meeting) for the rotary year 2005-2006) was held. The minutes of last year's AGM were adopted with date changes to indicate that the minutes were for the 2004-2005 Rotary Year and the proposed Board of Directors were for the 2005-2006 Rotary year. The financial statements for Gaming Fund and the Rotary Fund were passed as presented and the vote on the General Fund will be discussed at next Friday's meeting. The budget for 2006-2007 was accepted via consensus. Copies of these reports were distributed to all members present and additional copies are available from the Secretary.