Chairman Howard Dellsite called the regularly scheduled meeting of the Board of Directors of the Southwest Riverside County Association of Realtors®, Inc. to order at 11:45 a.m.  The meeting was held at Ponte Winery in Temecula.

Howard Dellsite, Cindy Wessells, Linda Hofstatter, Walter Wilson, Lisa Neugebauer, DJ Oliver, Marjo Wood, Curtis Doss, Gene Wunderlich, Roger Hageman, & Connie Lynch, CEO; Guest: John Giardinelli, Esq., Pam Waysack, Earl Bonawitz, Aaron Lloyd, Marti Scott, Debbie Thomas &   Mike Mason. Excused: Wendy Whitelaw & Joe McGowan.

A motion was made, seconded and carried to approve the Joint Finance recommendations as follows:

• Recommend approval to transfer $4325.90 from the Education Committee income to the Scholarship Foundation;
• Recommend approval for a rent & cam payment of $45,300.00 from SRCMLS to SRCAR;
• Recommend approve to donate $500.00 per pantry in gift cards to the following pantries, Temecula Community Pantry; Temecula Senior Center; Temecula People helping People & Saint Martha’s Food Pantry;
• Recommend approval to increase the 2012 combined budget line item for the building insurance to $3773.00;
• Recommend approval to donate a gift basket (not to exceed $100.00) to the YPN Black Tie Event;
• Recommend approval $390.00 for the Hemet San Jacinto Association of REALTORS® Annual Installation.

A motion was made, seconded and carried to approve the Southwest Riverside County Association of REALTORS® Scholarship Foundation recommendation as follows:

• Recommend approval to the SRCAR Scholarship Foundation $487.50 reimbursement for the purchase of items for the Texas Hold’em event.

The next scheduled meeting of the Board of Directors for the Southwest Riverside County Association of REALTORS® will be held on Monday, January 9, 2012 at 8:30 a.m. at the Association Office.

There being no further business the meeting adjourned at 11:48 a.m.