The General Membership meeting held September 3, 2014 at the Sandusky Yacht club was well attended and featured the induction of former CEO Ruth DeHenning into the FAOR Hall of Fame. President Phillip Bolte opened the meeting with the introduction of distinguished guests, Robert Fletcher, CEO of OAR, OAR Treasurer Sara Calo, and OAR District 2 VP Len Partin. The meeting began with the reading and approval of the minutes from the June 18th 2014 meeting. Treasurer Sara Riesen presented an up-to-date report of the financial picture of the association to the membership. She detailed the account lines that had variances from budgeted amounts. The floor was opened for questions; being none the motion to approve the report was made and seconded. Motion passed. President Bolte then reported on the work of the nominating committee. It was the recommendation of the committee to nominate Sara Riesen for a second term as director. The floor was opened for nominations, being none a motion was made to close the nominations. The motion passed unanimously.
It announced to the membership to sign up for 2015 committee's on the forms provided. Reminder was made to the membership on the upcoming OAR convention in Cleveland and our awards banquet to be held October 8th.
CEO David Freitag then reported to the membership on the NAR core standards and the effect on our Board. We have to ensure that our by-laws are in compliance with NAR's requirements and because of this a by-laws review has been conducted. It was noted that the one area that the committee is addressing is raising the limit of expenses that the Directors can approve from the current limit of $5000 to $15,000. A Broker's meeting has been scheduled for September 23rd and also a by-laws meeting to follow.
Robert Fletcher, CEO OAR was introduced to induct Ruth DeHenning, RCE into the FAOR Hall of Fame. Mr. Fletcher told of his long association with Ruth and her detailed some of her many accomplishments over her years of service to all REALTORS in Ohio. Ruth then gave a short acceptance speech and thanked all of the members and staff for their help over the years.
Being no further business the meeting was adjourned.