2009 October Political Affairs Meeting Notes
October 8, 2009
Hilton Hotel, San Jose

Political Affairs Notes for October 2009 meeting held in San Jose.

Chair John Cribb called the meeting to order at 9:35 a.m. and he reported that we collected $2.6 million to RAF.  The overall percentage is 19%, but that we have six months to reach our 24% participation goal and to raise $3.2 million!  

Chair John Cribb facilitated a discussion on the fundraising alternative for the 2011 dues billing cycle and beyond.  After much discussion, the following motion was made: 

It was moved, seconded and CARRIED that C.A.R., beginning with the 2011 dues billing cycle, implement a new REALTOR® Action Fund collection mechanism, above the line with “opt-over” provision.  An issue briefing paper will be prepared to include specific recommendations for the technical implementation, legal requirements and dollar amount, which will be decided by the Board of Directors at the February, 2010 meeting.

(Note:  The “opt-over” provision allows the member to determine whether the investment amount shall be directed towards the REALTOR® Action Fund or “moved-over” to an alternate account.  In any event, the amount would be paid by the member.)

There being no further business, the meeting was adjourned at 11:14 a.m.