ALPHA THETA CHAPTER OF
                          SIGMA CHI FRATERNITY, INC.

  Alpha Theta Chapter                                          M.I.T.
     founded 1882                                           founded 1861
				      
			      September 26, 1999

Minutes of the meeting of the Corporate Board, held May 5, 1999.

The meeting was called to order at 7:09 PM in the Chapter House Library.

Present: Mark Curtiss (Board), Herb Mower (Board), Jay Krone (Board), Karl
         Buttner (Board), Richard Yeh (Quaestor, Board), Vik Gottam, Nick
         Cohen, Mitch Hesley (Work Week Mgr.), Nick Hernandez (Board), Phil
         Kim (G.Z., Board), Paul Shay, Sam Towell (Pro-Consul, Board), Josh
         Littlefield (Board).

Minutes of the February 24, 1999, meeting were accepted as distributed.

REPORTS

Chapter Report - Sam Towell
1. The Leadership Consultant (formerly known as Assistant Executive Secretary)
   from Sigma Chi visited for two days.  He talked with the officers and
   talked about rush in 2001.
2. Peterson application submitted.
3. The House has a new boarding house license.
4. There is a new Resident Advisor candidate from RPI who looks promising.
   The house is proposing to charge $100/month to cover the cost of the lost
   additional bed.  Herb suggested the Corporation should cover this out of
   the educational set-aside account.  Mark will talk to Neil Dorow about the
   R/A agreement.

Corporate Report - Herb Mower
1. According to the AIFC, social events cannot be advertised in "public"
   places, meaning beyond campuses.
2. A group of Alpha Thetas are coming to MIT for their 50th reunion this
   Spring.  They've invited neighboring classes to attend a private shindig.
   The house needs to be prepared to make a good showing for tours, etc.
3. Rumors say the new dorm won't be ready for 2001.
4. MIT wants to develop more land they have in Cambridge for junior faculty
   housing and to encourage ILGs to relocate to Cambridge.

BUSINESS

Work Week - Mitch Hesley
1. Mitch circulated a detailed budget proposal for Work Week.
2. The contractor estimated repair of pocket doors at ~$800/door-set, or
   $2400.  This is based on needing to repair or replace the track in the
   wall.  Jay suggested that we repair only one set of doors this year and see
   how it holds up for a year before proceeding with others.  Karl suggested
   investigating references on the contractor, or viewing examples of his
   prior work on re-hanging similar doors.  Ralph Cole and Rick Karash were
   mentioned as other contacts for this type of work.
3. Repair or replacement of dining room table and chairs was dropped from the
   budget.  The Work Week Manager will provide the corporation an inventory of
   the condition of these items, and the Board will investigate repair.
4. There was discussion about the budget containing many power tools, which
   are typically not purchased by the corporation.  It was agreed that if
   locking storage was provided for the smaller power tools, the corporation
   would cover their cost.
5. Missing from the budget was repair of the dryer duct (clogged and leaky)
   and retiling of the zero floor hall and kitchen with vinyl tile.
6. The proposed budget was approved, with adjustments for door repair and
   missing items expected, and provision of lockable storage for power tools.

Fundraising - Mark Curtiss
1. Mike Duzik and Pete McChesney of Stewart-Howe joined the meeting for a
   brief presentation and brainstorming on a major capital campaign.
2. They encouraged assessing needs for 5-10 years and raising sufficient funds
   to cover a 10 year period.  This includes not just physical plant needs,
   but also soliciting input from actives on various things which would make
   the house better.
3. They described a multi-step approach that should be undertaken over the
   course of a year in the campaign, and suggested financial and participation
   targets.
4. Pete pointed out that the Phi Kaps managed to create some tax deductibility
   in their campaign to aid in increasing gifts and allowing matching gifts.
   This may be accomplished by establishing a 501(c)(3) corporate foundation,
   putting some funds there, and funneling some capital funds through it.
   This can be used to provide scholarship aid to members.
5. They suggested we check out other recently renovated houses to both see
   what they did, hear how they did it, and see what we're up against in terms
   of rush.
6. The board agreed to hold off initiating any campaign until the Fall, when
   actives could be included.

Miscellaneous
1. The board was interested if the house network administrator had considered
   Y2K readiness of house systems.  This would include the phone switch, voice
   mail software and computer, and the fire alarm system.  It was suggested
   that this be investigated.
2. Mark will schedule the Senior Dinner via e-mail.

The meeting adjourned at 9:20 PM.

Respectfully submitted,
Joshua B. Littlefield
Corporate Clerk