WYOMING CHAPTER

ASFMRA

March 7, 2011

Secretaries Report

BORAD MEETING

January 12, 2011 Ramkoda Motel

Members present

Steve Gleason

Mike Hastings

Jim Hastings

DeLoyd Quarberg

Meeting called to order by President Mike

1. Scholarship fund – Steve reported that there is a balance of about $3,000. Because there is not enough money to fund the scholarship annually it is recommended the payout be made every other year. Approved

2. Discussed the social net working with AI and the scheduled social event for Thursday evening.

3. Jim H. stated that there was no problem with our status with the IRS. All problems solved.

4. Education Committee

a. Suggested a survey of member to determine needs and desires.

b. Try to present USPAP in January 2012 with the state. Present an Appraisal Review Seminar in conjunction with the USPAP course.

c. Meeting and education scheduled for the fall.

d. Mike Hastings is to attend the AI meeting as liaison.

Adjourned

James A. Hastings

Sec/Tres

WYOMING CHAPTER

ASFMRA

Secretaries Report

CHAPTER MEETING

January 13, 2011 Membership meeting at the Ramkoda Motel

Meeting called to order at 12:30 PM by President Mike Hastings.

Secretary’s report was approved.

Treasures report indicated an improved balance because of the Wind Seminar in July 2010 and potential break even on the current Environmental Impacts Seminar.

Steve Gleason presented information on the Chapters Scholarship. The endowment is currently at $500 per. With a balance of $3,500, there is not enough money to sustain the scholarship. Motion to fund every other year carried.

Discussed the upcoming joint social with AI. Estimated cost $10 per head.

Summer meeting and Education.

Membership to provide feed back to the President on courses they feel would be of benefit and would attend.

Suggestions:

The Range course for bankers

The two or more day Appraisal Review course

The conservation easement course

A motion made, seconded, and approved that the Chapter enter into a Memorandum of Understanding with Wyoming/South Dakota AI regarding joint meetings and education/course fees and costs.

Bob Brockman is to follow and report on any AMC legislation.

Meeting adjourned 1:00 PM

James A. Hastings

Sec/Tres

PS

I suggest a voluntary special assessment of $25 per member to fund the scholarship. Please give me your opinions on this matter at jahastings@aol.com.

Mike has scheduled the one day seminar “APPRAISALS THROUGH THE EYES OF THE REVIEWER” for January 13, 2012 in Casper after the USPAP update. Instructor is Chris Greenwalt.

Jim

- 3/11/2011 -