9/28 Finances Committee Minutes
Nadja, Taften, Thomas, Kris, Julia, Mike, Corey, Ethan
Members in Arrears -- Review of latest No concern: Member 6, amount will be wiped out upon closing of unit sale No concern: Member 5, their pay schedule/dues schedule do not align. Effective plan in place.
>>Thomas REMOVE ANONYMIZE PII IN THE BELOW AREA PRIOR TO SENDING<<
NEED updates on Written Payment Plans ($4k+)
NEED updates on Written Payment Plans ($500+) These need to be updated monthly, and reassessed by the Board quarterly
Kris: To send 8 emails indicating the need for a payment plan to each of these, setting the expectation for a response by October 15, as this is needed by October 24 for the October Board
discussion. Email should include: ACTION REQUIRED.
Paying Online via PayPal
Thomas & Kris to meet and work to integrate PayPal onto the website for cooperative members
--Next Step: Integrate booking service with online payment services
Concerns: Will we get flagged as a business (and therefore have to pay?)
Depends on fee structure, may be manageable for the convenience; otherwise, always have check processing to fall back on (functions now)
Revisit option to charge additional 10% to avoid late fees Should CityView incent when someone very far behind pays 10% of their overdue bill? X%?
Thomas: Send link to Julia, Osbon and Ethan to the Volunteer place online
Thomas: Add elements to the Volunteer page so that it includes more activities