Meeting Minutes: September 2025
The September meeting began with a presentation from Brandon Kane, a representative of the National Coop Grocers (NCG), an umbrella organization for food co-ops like ours. The presentation focused on the use of preferred shares to raise capital for an expansion. The board has been debating whether to pursue that option as a way to engage the membership in the expansion and to avoid relying on bank-provided loans that increase our debt burden. This is part of an ongoing discussion, and no decision has been reached at this point. However, we will consider revising the bylaws and the articles of incorporation to leave that option open for the future.
Other items on our agenda included a discussion of new store operating hours to go into effect on November 3rd, the launch of a customer survey administered by NCG, which will allow us to gain insights about our customers but also customers at other co-ops similar in size to ours, and progress on the environmental review for the expansion project.
Click here to view minutes from our September board meeting.