Present were:
Marty Bluewater, Commissioner United Indians of All Tribes Foundation (UIATF)
Terry Danysh, Commissioner Seattle Indian Health Board
Lillian Chappell, Commissioner American Indian Women’s Service League
Carl Elliott, Commissioner Seattle Indian Center
Jack N. Richards, Commissioner Seattle Indian Center
Rosalee Walz, Commissioner Seattle Indian Health Board
Augustine McCaffery, Commissioner United Indians of All Tribes Foundation
Michael Marshall Executive Director SISC
Absent:
Constance Griffin, Commissioner American Indian Women’s Service League-called
Staff/Public
JoAnn Cowan City of Seattle
Carol Peloza SISC Staff

AGENDA ITEMS:
1. Approval of Minutes – The minutes of the November 20, 2001 SISC Board meeting were discussed. Mr. Bluewater requested a motion be made to approve the minutes. The motion was so moved by Ms. Walz and seconded by Mr. Danysh, the motion carried.
2. Executive Director’s Report
Financial Reports – Mr. Marshall went over the 5th & 6th financial reports. Mr. Bluewater requested a motion to approve the financial reports for December/January. The motion was so moved by Mr. Danysh and seconded by Ms. Chappell, the motion carried.
Traditions & Beyond –Mr. Marshall informed the Board that the changes for Traditions & Beyond had been implemented. The shop is with-in $500 of being on budget. Mr. Marshall reminded the Board that January is typically a slow month for the shop and that he expected revenue to drop. Mr. Marshal encouraged the Board to visit the shop and buy.
Scholarship Requests – There was a request for $800 from Geneva Wortman, Mr. Richards recommended that this amount be approved, recommendation approved.
Earthquake Damage – Mr. Marshall explained where we were in the FEMA process. We are waiting approval on the Pearl Warren Building. Work has begun on the Leschi Center. We are still waiting for the bids on Earthquake Insurance, but due to the fact that the buildings are on fill we dot expect to be able to insure the buildings for Earthquake damage.
Gates Foundation- Mr. Marshall informed the Board that we had received $85,000 and are buying equipment and preparing the program. Mr. Marshall explained what we envisioned for the program.
Funding Requests-
Seattle Indian Health Board– The Seattle Indian Health Board requested $2,000 in support of a mural by Andrew Morrison on the south wall of the Seattle Indian health Board’s waiting area. The Board discussed the request. Mr. Bluewater called for a motion to approve, so moved by Ms. McCaffery, seconded by Ms. Walz. The motion carried with the following recommendations, that the Board be kept appraised of the progress, that a Native American theme be used, that the Commission be given credit for the mural, and that the mural be protected from harm.
Audit-the audit continues. Mr. Marshall explained the process we are going through with the audit, the change to Quick Books, the inability of the auditor to read our files; they use PCs we are on a Mac format. Mr. Marshall will continue to update the Board as the audit progresses.
3. New Business-
Bond refinancing- Mr. Marshall explained that he had been contacted by the City about refinancing the Leschi Center Bonds. Refinancing the Bonds would save an estimated $250,000 if we took the savings now, versus $1,800 a month over time, keeping in mind that the $250,000, if invested at 3.5% would generate $8,750 a year simple interest. Mr. Marshall explained the steps that the Board would need to take to refinance; approve the concept of refinancing, select bond counsel and underwriter. Mr. Danysh made the following motion, that we proceed with the concept of refinancing the bonds, that Preston and Piper Jaffrey be selected as bond counsel and underwriter, after a thorough discussion of the bond issue, the motion was seconded by Ms. Walz, the motion carried. Mr. Marshall informed the Board that a special meeting would have to be called regarding the refinancing, due to the timeframes involved.
4. Old Business- No old business.
There being no further business Mr. Bluewater adjourned the January Board meeting of the Seattle Indian Services Commission at 6:15pm.Respectfully submitted: Carol Peloza, Assistant Director