Surety Association of Ohio 1st Quarter Meeting Minutes March 23, 2006
The Surety Association of Ohio (SAO) held its 2006 1 st Quarter meeting at the Manor House Banquet Center in Mason , Ohio on March 23, 2006. A formal board meeting was after the conference.
Shortly after lunch, Jack Kehl, President of the Association made announcements regarding the receipt of the Gold Award from the SAA, updates on the amicus brief relating to the Dugan & Meyer Case, and a high level summary of some of the successes enjoyed this year relating to long-term warranties.
Jack then introduced Lynn Schubert, SAA President. Lynn spoke of the 2005 preliminary industry numbers, industry trends and the EDGE program. After Lynn ’s presentation, CPA’s Bill Steimer and Jeff Oehler from Jackson, Rolfes, Spurgeon & Co. gave a presentation on FIN 46 and Ohio Commercial Activity Tax. Jack thanked everyone for the presentations, thanked the members for their attendance and reminded everyone to look for the golf outing bulletin.
The SAO board then met, and discussed the following:
The meeting was called to order. Minutes from the prior meeting were approved. Bill Wildenheim was not in attendance to provide the financial report.
The membership dues report was reviewed and discussed, noting numerous members still have not paid. It was agreed that members must pay their dues in order to participate in the golf outing. In addition, James Pappas agreed to follow up with non-paying members.
Steve Sullivan brought up some speaking opportunities in which we as a board could give Surety presentations, thus helping us reach the Gold Award for next year. Steve also updated everyone on the Scholarship applications, of which, no one had applied yet. Discussions were held on what to do if we can’t find suitable candidates, but no changes were made.
Gayle McClellan gave the updates on the golf outing slated for June 8 th. Cost of the event was reviewed as well as the location at the Club of Dublin. Companies are encouraged to bring prizes.
Discussions were held regarding planning for the 3 rd quarter meeting. It was suggested to hold the next meeting in NE Ohio . Westfield was proposed and George Siegler would check availability in September. Discussions about possible topics included Credit scoring, the Dugan & Meyers brief, Dodge Reports and any updates on ODOT. No decisions were made.
Lou Colagrossi provided some updates – the Dugan & Meyers amicus brief draft should be ready soon. Jack would send to all members for review as soon as available.
Troy Wolf had no updates on technology
Jack wrapped up the meeting reminding everyone to continue to look for opportunities to get the Gold Award, keep an eye out for public entities trying to waive bond requirements and if possible, see if anyone could qualify for the Tiger Trust…i.e. talking someone into requiring a bond not previously required.
The meeting adjourned at approximately 2:45. The next meeting is planned for June 8 in conjunction with the golf outing.
