Minutes of the Fulton Country Club Board of Directors
February 12, 2008

	The monthly meeting of the Board of Directors for the Fulton Country Club was held 
at the offices of Clifton, Gunderson, LLP on February 12, 2008.  Present at the meeting were the
 following:  Richard Bielenberg, Arnie Housenga, Steve Workman, Ken Schrader, Jeff Harmon, 
Mike Heusinkveld, Don Doughty and Gary Rolfes.   Board Member, Linda Gilbert was out of town 
and was not present.  

	The meeting was called to Order by Richard Bielenberg at 6:30 p.m.  Minutes of the 
November meeting of the Board of Directors held on November 27, 2007, were presented.  Upon
 motion duly made, seconded and unanimously approved, the minutes were approved.

	Rich Winkel presented the Financial Statement for the Fulton Country Club which compared 
the assets, liabilities and members’ equity for the 2006 and 2007 calendar years ending December 31.  
Also, the statements presented revenues and expenses for the same periods ending December 31, 
2007 and 2006.   Upon motion duly made, seconded and unanimously approved, the Financial Statements
 were approved.  Thereafter the board worked on the budget for the 2008 calendar year.  The board 
reviewed revenues and expenses for the calendar years 2005, 2006, and 2007.  The board decided to 
raise green fees for 9 holes from $9.00 to $10.00 and to raise the green fees for 18 holes from $15.00 to 
$16.00. 
 Also, annual golf cart rental was raised to $375.00.  The board also reviewed capital expenditures for the
 upcoming calendar year and reviewed a cash flow analysis with Rich Winkel.   It was decided to leave the 
east golf cart shed alone for the calendar year and to re-roof the west shed at a cost of approximately 
$10,000.00. Also, a new rough mower would be purchased for $11,500.00.  The old mower would be sold 
for $5,000.00. 
 $1,500.00 would again be spent on tree planting and it was also decided that the sprayer needed a new pump. 
$20,000.00 was earmarked for capital expenditures.  The budget for the 2008 calendar year for operating and 
capital expenditures was then approved. 

	The Sports Committee reported that the over 50 league would be playing at the course on May 5 
and August 15 this year.  Also, the Fulton High School would have golf tournaments on August 26, 
September 16 and September 23 of this year.  The board will decide in March when the golf course will be 
closed for golf outings.  

	From the Bar and Pro Shop Committee it was reported that a wedding and wedding reception would 
be held at the club on March 8, 2008.

	On new business it was reported that Zach Anderson has signed an Employment Contract with the 
Club for the 2008 calendar year.  Also, Kathy Eizenga would be offered the position of the bar and pro shop 
manager. Final details of her employment and employment of other individuals would be worked out.  Also, 
prior to opening the club Tim Swamberger would be hired to clean the carpets on the main floor and possibly
 on the second floor.  

Trimming of trees will be done on March 1, 2008, as there was substantial tree damage over the winter. 
 It was also decided that we may possibly replace some of the golf carts owned by the club, so we will have 
Thurm Stewart advise the club on their condition.  Finally, Arnie Housenga reported on the t-box sign and he
 will take care of those. 

The meeting was then concluded and the next meeting is scheduled for the Club House for 
March 25, 2008 at 6:30 p.m.

	Respectfully submitted.


						Gary J. Rolfes, Co-Secretary