ALPHA THETA CHAPTER OF
                          SIGMA CHI FRATERNITY, INC.

  Alpha Theta Chapter                                          M.I.T.
     founded 1882                                           founded 1861

				 May 12, 2001

Minutes of the meeting of the Corporate Board, held February 27, 2001.

The meeting was called to order at 7:18 PM in the Chapter House Library.

Present: Mark Curtiss (Board), Jay Krone (Board), Thomas Quealy (Pro Consul,
         Board proxy for Consul), Josh Littlefield (Board), P. K. Hadley
         (Board), Mike DeLaus (Board), Danny Craig (Board Rep.), Rory Edwards,
         Rory Foster (House Mgr, Board).

Absent:	 Herb Mower (Board), Tom Faust (Board), Karl Buttner (Board), Albert
         Chan (G.Z., Board), Woojin Choi (Quaestor, Board), Raudel Rodriguez
         (Board Rep.).

Minutes of the November 14, 2000, meeting were accepted as distributed.

CHAPTER REPORTS

Consul Report - Thomas Quealy for Nick Cohen
1. A successful Initiation has resulted in ten new brothers.
2. IAP went relatively smoothly, except for some physical plant troubles.
3. The Chapter hosted Province Conference over the past weekend.  It was
   successful, though there was a false fire alarm caused by another chapter.
4. MIT is close to choosing a new ILG advisor.
5. The Chapter is searching for a new R.A., and will make more progress when
   graduate admissions are announced.

Quaestor Report - Thomas Quealy for Woojin Choi
1.  Quaestor transition is going smoothly

Work Week Manager - Rory Edwards
1. Planning for Work Week is starting.  A suggestion sheet was posted in the
   house.
2. The work list will have to be coordinated with the renovation plan to avoid
   redundant work.

House Manager - Rory Foster
1. A variety of minor issues are currently plaguing the house: There is a
   persistent leak from the pantry to the kitchen ceiling which no one has
   been able to diagnose.  Sill cocks need repair after winter problems.
   Bathroom fans are not working well.  The roof hatch blows off occasionally
   because the hinges are broken.
2. Stove vent cleaning will occur next week.

CORPORATE REPORTS

President Report - Mark Curtiss
1. No significant news.  Mark did not attend the last AIFC meeting.

Treasurer Report - Mark Curtiss for Tom Faust
1. The Corporation has about $85K in the bank.  Taxes have been paid.

Alumni House Manager - P. K. Hadley
1. PK has agreed to take on this new role as Alumni House Manager, to provide
   advice, emergency assistance, and continuity.  He'll work with the House
   Manager and Work Week Manager in planning house maintenance.
2. PK saved the house was saved from major flood damage due to burst pipes
   over IAP.

Building Needs Committee - Mike DeLaus
1. Shawmut Design and Construction was chosen as construction manager in
   December after interviewing three firms.  They have worked for MIT and done
   lots of work in the Back Bay.  They've worked previously with Hecht
   Sherding.
2. A very successful meeting was held in January with undergraduates, alumni
   and the architects to explore ideas about the renovation.
3. Hecht has met with Shawmut and started developing a master schedule for the
   project.  They've run rough ideas about the project by consultants
   regarding zoning, etc.  They brought a structural engineering firm to the
   house, and will soon be brining in an electrical/mechanical firm.
4. The Corporation has spent a bit more than $15K of the $25K approved in
   November.  Further spending should be limited until the Corporation has a
   signed contract, schematics, cost figures, and a schedule.  Mike is hopeful
   this can all happen by the next Board meeting.

NEW BUSINESS

Additional Funding for Renovation Design/Feasibility Work
1. The Board approved a motion to increase the initial allocation of funds to
   $40K until the next meeting, where cost estimates, master schedule,
   schematics and a contract are expected.  As part of this motion, the
   contract must be signed before spending exceeds the initial $25K approved
   previously.
2. Mark Curtiss will recommend a lawyer who can review the contract.  The
   lawyer's fee will come from the $40K approved above.
3. Mark recommended that the Chapter be active with the NABB, so that we have
   a positive image and understand a bit about the dynamics of that
   organization.  The Community Relations Chair should attend their meetings.
   Zoning approval will be based on "compatibility," so NABB opinion will
   matter.

Capital Campaign Update - Mark Curtiss
1. Not much progress so far on forming this committee.
2. The Corporation should be able to create a vehicle whereby some portion of
   donations for the capital campaign will be tax deductible.  The renovation
   plan will designate portions of the building for educational purposes to
   allow this.  MIT has become comfortable with the idea of doing this, and
   should be able to help establish the proper mechanism, perhaps passing
   donations through their organization.
3. Mark has been meeting occasionally with Pete McChesney, formerly of Stewart
   Howe, about fundraising.  So far, no fees have been incurred.

120th Reunion in 2002 - Mark Curtiss
1. The Chapter has elected Roy Gross to server as Reunion Coordinator.  The
   reunion will occur over Patriots' Day weekend in 2002.
2. Jon Piotti may attend the next Board Meeting to kick off planning.

The meeting adjourned at 8:36 PM.

Respectfully submitted,
Joshua B. Littlefield
Corporate Clerk