The Athletic Club Board of directors has decided in accordance with that established in Articles 20, 23 and 54/2 of the Social Statutes, to summon all Athletic Club members and associates to the Extraordinary General Assembly Meeting to be held at the Euskalduna Palace Auditorium, in Bilbao, on Tuesday, 18 December 2007, with 1st call being at 19:15 hours and 2nd call at 19:30 hours, under the following:
AGENDA
1. Approval of the Budget for the upcoming Fiscal Year (2007-08), including the proposal for the adaptation of fees.
2. Other Business.
Club Secretary, Mónica Durango, gets the assembly meeting underway by thanking everyone present for their attendance. Attending the second call, at 19:30hours, there were 384 associate members present.
Athletic Club President, Fernando Garcia Macua, takes the floor, and begins by clarifying his words of the end of the previous Assembly, because he believes they may have bothered those who interpreted them as censorship to the associate members, which was, logically, not his intention.
From then on, he explained how the budget that is going to be presented for voting has been accomplished, emphasizing the difference in the closing that occurs between the current budget and the previous one, which allows to fit certain items and result in a lower quota raise, (around 13%). The accountant of the Board, Juan Antonio Zarate, will explain it in more detail during his intervention.
He asks associate members to approve the budget, appealing to the sense of responsibility and commitment of members.
Next, the Board accountant, Juan Antonio Zarate, analyzed the Board’s budget proposal for the current year, thanking beforehand the suggestions received by the members. This proposal is based on the necessary interrelation and balance between three fundamental areas, which are the economic, the organizational and the sports area.
VOTING RESULTS
1. Approval of the Budget for the upcoming Financial Year (2007-08), including the proposal for the adaptation of fees.
Yes: 382 (50’52%)
No: 337 (44’57%)
Blank: 11 (1’45%)
Void: 26 (3’43%)
Total: 756
