MINUTES KXNM BOARD of DIRECTORS MEETING
Wednesday – August 21, 2019
Present: Art Swenka, Dixie Swenka, John Griego, Ladd Hagmaier, Bill Simms, Keith Smith, Randy Wright
Not Present: Babbi Baker, Norm Onarheim
Art Swenkacalled the meeting to order at 2:00 p.m.
The Pledge of Allegiance was said by all present.
A quorum was met with 7 of 9 directors present.
CONSENT AGENDA: John Griego motioned to approve the agenda for the August 21, 2019 meeting and the minutes from the July 17, 2019 meeting as submitted. Bill Simms seconded the motion and directors unanimously approved the consent agenda.
- Update on Radiologik Backup - Bill Simmsdiscussed the progress of backing up Radiologik, and reported that a second computer using Radiologik is now operational. It is used weekly for broadcasting, while the primary computer is being updated.
b. Update on Metasoft Systems (grants) – Dixie Swenka reported that David Persadoffered the station a 10 percent discount on purchasing their grant software. Directors thought the price was still too high and rejected the offer. After discussing various options on pursuing grants, Directors requested that Dixie contact David Persadand offer to split any grant funds received, if the software fee is waived.
NEW BUSINESS: No New Business was discussed.
TREASURER’S REPORT: John Griego distributed copies and discussed financial statements including the Income Statement, Balance Sheet and Income by Comparison. John said that cash on hand and accounts receivable exceed $16,000, but there is a net loss for July of $1,579. Art Swenkareported that the loss is temporary, and due to quarterly legal fees, sales commissions and fees for web site development and maintenance.
John further reported that net profit through July is $7,700 and projects an annual net profit of $13,000.
Randy Wright motioned to accept the Treasurer’s Report as submitted. Dixie Swenka seconded the motion, and directors unanimously approved it.
COMMITTEE REPORTS: No Committee Reports were presented.
VICE PRESIDENT’S REPORT: Bill Simms reported that the FFA Market and Commodity, Archaelogy in Your Backyardand the Weathershows are on schedule.
Bill Simmsand Art Swenkadiscussed broadcasting local high school sports events starting with football and basketball. They consulted with John Chedesterand Don Davis (both are radio engineers) to identify the equipment needed for remote broadcasting and selected equipment from Broadcast Software Warehouse.
The equipment costs about $3,000, but will not include a five second delay. Directors expressed concern about live broadcasts and the risk of potential FCC violations. Bill and Art also mentioned that several sports enthusiasts have volunteered as commentators including: Jim Goodman, Mark Alvaradoand Nick Sedillo. Students at the schools are also interested and expected to be part of the broadcast.
Numerous businesses, which have not supported the station in the past have come forward and want to sponsor and underwrite these sports broadcasts. While the equipment needs to be ordered and tested, the first football game broadcast is expected in late September.
PRESIDENTS REPORT: Art Swenkareported that Moriarty is expected to sign a media agreement for $3,000 at the upcoming council meeting. Mountainair and Estancia have already signed media agreements. Art continues discussions with Edgewood to broadcast town events through a media agreement.
Art also reported on discussions with officials at the International Balloon Fiesta to broadcast their event schedule, and will meet with their Director of Marketing soon to continue discussions.
The next Board of Directors Meeting is scheduled for Wednesday September 18, 2019 at 2 p.m. at the KXNM Offices and Studios in McIntosh.
The meeting adjourned at 3:15 p.m.
Respectfully Submitted: Approved:
Randy Wright, Secretary Arthur J. Swenka, President
August 22, 2019
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