Lambda Alpha International The Honorary Society for the Advancement of Land Economics

1
Lambda Alpha InternationalThe Honorary Society
for the Advancement of Land Economics

• Board of Governors Meeting
• May 1, 2005
• Omni Parker House Hotel
• Boston

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Minutes of Fall Meetingin Sacramento

• Comments Corrections
• Motion to Approve
• Second
• All in favor?

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Income Statement
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Income Report1st Quarter 2005

• Total Capital 159,793

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LAI Financial Situation Improving

• Total Capital
• 1991 116,062
• 1992 114,369
• 1993 136,624
• 1994 na
• 1995 na
• 1996 na
• 1997 75,221
• 1998 81,324
• 1999 54,618
• 2000 30,765
• 2001 30,240
• 2003 59,173
• 2004 91,912
• Goal One years Operating Expenses Approx.
  170,000

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Membership Status 4/25/05
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Chapter StatusWestern Region
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Chapter StatusMidwest Region
9
Chapter StatusEastern Region
10
Chapter StatusEurope/Pacific/At-Large
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Lambda Alpha Student Association

• John Marshall Law School 31
• Temple University 19
• University of St. Thomas 19
• Virginia Commonwealth 1
• Resume Website to be Developed

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By LawsbyIan Lord
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Insurance

• LAI has General Liability
• LAI Board has D O Coverage
• LEF Board has D O coverage
• Canadian LEF is not covered
• Chapters General Liability are covered with
  exception of Canada.
• Chapters are not covered under D O

14
75th Anniversary Awards

• Fereydoon Ghaffari, Chair
• Brochure
• Awards
• 95th Floor,
• John Hancock Center
• Thursday, Oct 20th

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75th Anniversary Gala

• Millennium Park
• Pritzker Pavilion
• By Frank Gehry
• Saturday, Oct 22nd
• Black-tie preferred

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75th Anniversary Sponsors

• U.S. Equities Realty, Inc.
• LR Development
• SOM

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75th Anniversary Gift
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Land Economics Foundation

• Stan Hamilton, President LEF
• 1. Award 5 of previous years capital
• 2. Invest assets 55 stock index fund, 40 bond
  index fund, and 5 Money Market
• 3. Re-balance asset accounts quarterly
• 4. Provide Awards for
• A. Matching Chapter Scholarships
• B. Supporting Chapter Grant Applications for
  Special programs
• C. Fund Student Competition Programs

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Land Economics Foundation

• Total Capital
• 1991 60,178
• 1992 62,870
• 1993 na
• 1994 na
• 1995 na
• 1996 na
• 1997 204,960
• 1998 221,771
• 1999 241,269
• 2000 201,349
• 2001 196,968
• 2002 220,177
• 2003 233,348
• 2004 268,047
• 1st quarter 2005 276,008

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International Calendar

• Calendar
• www.LAI.org

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New LAI Brochure

• Store
• www.LAI.org

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Zia Chapter New Mexico

• Leadership of Michael Maremont
• Possible 80 member Chapter

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KeyNote Sponsors

• Appraisal Research Counselors
• Economic Planning Systems
• Market Pointe
• Querrey Harrow
• John Marshall Law School

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Chapter and Executive Travel
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2005 Dues

• Program

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World Urban Forum

• David Greenwood
• Vancouver
• June 19-23, 2006

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Future Weekend Experiences

• Chicago October 20-23, 2005
• Washington , D.C. Spring 2006
• Ottawa, Fall 2006
• Dublin, Ireland Spring 2007
• Los Angeles, Fall 2007 Biennial Congress

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Board of Governors MeetingOctober 23, 2005

• Sofitel Water Tower Hotel
• 20 East Chestnut
• By Jean Paul Viguier