BLACK HILLS ASSOCIATION OF REALTORS BOARD OF DIRECTORS January 10, 2014 Approved Pledge of Allegiance: The Pledge of Allegiance

was said. REALTOR Pledge The REALTOR pledge was said. Call to Order: President Bart Miller called the meeting to order at approximately 8:15 a.m. in the Association Office. Ron Kroeger was excused. Karen Jones was absent. All other officers and directors were present. Agenda: Kelly Howie made a motion to approve the agenda as presented. Lisa Mueller-Cox seconded the motion, which passed unanimously. Minutes: It was noted the December 13, 2013 minutes were approved by email vote and have been distributed. Membership Applications: New REALTOR: New Affiliate

David England, Farmers National Company Affiliated Mortgage Company

Kelly Howie moved to approve the applications pending completion of all membership requirements. Lisa Mueller-Cox seconded the motion, which passed unanimously. Financial Report: Lisa Mueller-Cox presented financial statements for December noting year end numbers will be revised following CPA end of year adjustments and moved to receive financials as presented. Sheila Tom seconded the motion, which passed unanimously. Unfinished Business: Bylaws Jurisdiction Language: Directors were provided handouts of jurisdiction language history regarding the new Mount Rushmore Area Association of REALTORS and their proposed language. Shawn Wood moved to provide MRAAOR agreement on their bylaws jurisdiction language as presented. Chris Long seconded the motion which passed unanimously New Business Affiliate Member Challenge: Bart Miller challenged each Director to bring in a new affiliate during 2014. Committee Reports: Building Task Force: Bart Miller reported that the task force met and will be providing a tax consequence versus tax benefits information piece that may be distributed to members. This is being prepared with the assistance of the Association CPA. Following today's meeting, the task force members will be visiting three potential properties. Distribution of Minutes: Bart Miller facilitated a discussion on the distribution of minutes. It was noted that approved minutes are provided to members via hard copy to Brokers and posted on the agent side of bhmls. In order to encourage members to read the minutes, Directors asked staff to post a message on Paragon each month following the approval of the minutes, notifying members that minutes have been posted to the member side of bhmls.com. Also staff was directed to discontinue hard copy mailing to Brokers beginning with the February 2014 minutes. Non Member Forms Access: Directors held a discussion regarding the use of association forms by non real estate licensees. Policy is that BHAR does not sell forms or provide online forms access to non active real estate licensee members. Directors reiterated the policy remains as is. Other: Mediation/ethics, membership numbers and meeting attendance, and under contract information were provided to the group. Bart led a brief discussion regarding breakfast attendance.

Lisa Mueller-Cox moved to adjourn; Pam Heiberger seconded the motion which passed unanimously.

Amy Bochman Executive Vice President Black Hills Association of REALTORS