Treasurer's Report — Account balances are $5,642.60 in checking, $9,531.04 in savings. The fuel account has $8,434.17, which is nearly enough cash to repay the lenders for the fuel. We are slightly behind on budget due to larger than planned expenses in July. We had our annual liability insurance renewal, plus we got a good deal on propane buy buying in advance for the whole year at a discounted rate. We also needed our auto gas tank filled.

Liability Insurance — The board of directors met twice with a new insurance agent in the past month, who was able to get the club almost five times the liability coverage that we had before, add the property owner to the policy, and still save several hundred dollars per year in premiums.

Aircraft Insurance Available — Jason Stum, who is with Farm Bureau Insurance and is the club's new agent, is affiliated with a a company in Cincinnati that can insure anything related to aviation. He has left some aircraft insurance applications and business cards in a binder in the operations building. He will pick up your application if you call him.

Fuel System — The north fuel pump continues to have issues losing its prime. Chad Williams checked for water in the tank then moved the fuel from the north tank to the south tank. Members are asked to get their fuel from the south tank, which has about 836 gallons as of the meeting date. We have notified the fuel shareload people that we will want more fuel when we are down to about 500 gallons.

Free Charts — We have a few remaining Indiana Aeronautical Charts available free for members. The remaining charts are on the business counter in the operations building.

New Hangar Planned — The property owner is developing plans to tear down the south hangar and replace it with a new hangar, which will have six spaces and extend into the east property. The owner has received one quote on building the hangar and is waiting on two more before he takes any action. Chad Williams met with him concerning the potential club rent changes.

Membership Status — Club member Phil Brown has moved out of state; his hangar space is now available. If anyone is interested in his hangar, please see Chad Williams and notify Michael Mossman of any hangar assignment moves. Club member Mark Rinehart is now permanently back in the United States and will be moving his Kolb aircraft to its permanent hangar.

Delinquent Hangar Rents — Members who are in arrears in their hangar rents have been contacted by Chad Williams, and the most seriously in arrears have been notified by certified mail.

Property Maintenance — The property owner wants to replace the fence on the south edge of the airport. He intends to buy plastic-coated wood fencing materials that will not need to be painted. He is asking the club to put up the fence. Volunteers are needed for a fall project. An announcement will be broadcast about work party dates. Tom Rich has already volunteered the use of his Bobcat to dig the post holes with its auger.

Mowing Report — While Mowing Coordinator Earl Brosman is out of town, volunteers are continuously needed to keep the property mowed. The property owner has mowed multiple times this year. The Dixie Chopper mower is running well but the pull-behind deck probably needs a new battery or a jump start if using it.

New Aircraft — Bill Wagner received his new AeroLite part 103 ultralight in June and has flown it successfully, having accrued at least five hours of flight time.

Indy Air Race — The Indy Air Race was held on Saturday, August 9, with Boone County Airport being the last turn coordinate before the finish line. Several BCAA members joined a local HAM radio club as observers for the turn. BCAA club members Chuck Long and Michael Mossman flew in the race, finishing ninth and tenth, successively.

10-Year Anniversary Party Cookout — The annual cookout is scheduled for Saturday, September 20, 2014, with a tentative rain date on September 27. As a 10-year celebration, Michael Mossman motioned that the club budget $500 from its operations funds for food; Chad Williams seconded. All voted in favor; none opposed. Invitation list to include members, volunteers, club "alumni" and their immediate guests. Those wishing to attend are asked to respond by around September 10 so the planners can estimate how much food to buy. Steve Acton will borrow some tables and chairs from his church.

No September Meeting — In lieu of a monthly Tuesday evening business meeting, the September 2014 BCAA meeting will be held concurrent with the 10-Year Anniversary Party Cookout.

Adjournment — Bill Wagner motioned to adjourn; Gene Hollingsworth seconded. The meeting was adjourned.

Minutes by Michael Mossman, Association Secretary