MINUTES OF A MEETING OF THE BOARD OF DIRECTORS OF TRENT RADIO, held at Trent Radio House, 715 George Street, on 26 July at 7 p.m. P R E S E N T : Andrew Cousins, John K Muir, Brenda Sedgwick and H J Windeler being Directors of the Corporation, Also Present; Robert Phillips - Manager; and Mauro DiCarlo R E G R E T S : Mia Biasucci, being a Directors of the Corporation. The Meeting was called to order, Andrew Cousins acted as Chair and John Muir acted as Secretary of the Meeting. Notice of this meeting having been delivered to all of the Directors, and a quorum of the Directors of the Corporation being present in person, the meeting was declared to be regularly constituted. An agenda was agreed upon and discussion followed. The purpose of this meeting was to consider an application from Robert Phillips for severance pay, a quick report on the renovations and the report of the Manager's Hiring Committee. Severance pay for the out going Manager; Discussion followed and Mr. DiCarlo spoke on Mr. Phillips' behalf. It was noted that Mia Biascussi had been contacted regarding this application. Upon a MOTION duly made, seconded and carried, be it resolved that; Trent Radio pay Robert Phillips the sum of $2,652.00 equivalent to six weeks pay as severance after six years service. Renovations; Andrew Cousins update the Board on the state of renovations. A great deal of work had still to be done, however, after three vans load of junk had been taken to the dump and with the downstairs area all prepared and partly painted things were going very well. It was noted at this time that we have purchased a small bar style refrigerator for $100.00. Mr. Cousins also stated that the north section of the east foundation wall between the stair to upper apartment and the door leading from George Street had been excavated and waterproofed by Harrison John Windeler. Mr. Cousins suggested that we pay Mr. Windeler an honorarium for the week's worth of work that had been done. Mr. Windeler declared a conflict of interest and left the room. Upon a MOTION duly made, seconded and carried, be it resolved that; Harrison John Windeler be paid the sum of $250.00 as an honoraium for work done in water proofing the basement wall. Hiring Committee Report; Andrew Cousins reported that following the work of the Hiring Committee, John K Muir had accepted the position of General Manager, to commence 15úAugust 1994. It was noted at this time that Mr. Muir's resignation from the Board of Directors shall be effective as this date. The terms of Mr Muir's employment shall be for a three year period and based upon $25,000 per annum for the first year with increments in the subsequent two years. Further Mr. Muir shall be given all the responsibilities and necessary authority to carry out his duties as provided for in the Bylaws of the corporation. It was noted at this time that we may hire a Programme Director, and the General Manager will be responsible for this. There being no further business the meeting was adjourned. _________________________ _________________________ Andrew Cousins, President John K Muir, Board Member