Actions of the ACA International Board of Directors

Collector, Sep 2008

BOARD MEETING

The ACA International Board of Directors met on Wednesday, July 23, 2008, at the Westin Diplomat Resort & Spa, in Hollywood, FIa. Your board of directors took the following actions:

* Approved the official minutes of the July 25, 2007, board of directors meeting.

* Received and accepted the Executive Committee's Report presented by President Chris Wunder.

* Accepted the annual reports for all ACA committees.

* Heard the treasurer's report and approved the ACA International Financial Statements for the fiscal year, ending May 31, 2008, subject to audit.

* Heard and approved the chief executive officer's report.

* Reviewed and approved ACA International's Vision, Mission and Values Statements and 2008-11 Strategic Plan.

* Received a legal, legislative and regulatory update, presented by Executive Vice President and General Counsel Rozanne Andersen.

* Received the annual report of ACA's forprofit subsidiaries, presented by Jay Gonsalves, president of ACA Holding Company.

* Received the 2008/09 ACA International committee assignments as presented by 2007/08 President-Elect Jay Gonsalves.

* Received an announcement of the 200810 ACA International Convention dates and sites: July 13-15, 2009, Wynn Las Vegas; July 11-13, 2010, Gaylord National Resort & Convention Center, Washington, D.C.; and July 20-22, 2011, Gaylord Texan Resort & Convention Center, Dallas.

* Approved the ongoing research on a third-party administrator for consumer complaints as a viable alternative to handle consumer complaints.

* Affirmed the Executive Committee's decision to purchase Washington, D.C., property, which will be the office for our federal government affairs staff.

* Heard and approved a unit resolution for a merger of the Seaboard and Pennsylvania Units into the Mid-Atlantic Collectors Association.

* Heard and approved a unit resolution from the International Unit that redefines the world into five geographic regions.

* Heard and approved an amendment to the ACA International Standard Operating Procedures regarding the calculation of prorated dues for new members.

* Bestowed Honorary Membership on Harold L. Leydens, Jefferson City, Mo., and Rufus H. (Bud) Reitzel Jr. of Warren,

* Approved a discretionary 3 percent additional contribution to the ACA International staff 401 (k) plan for employee eligible wages for the period of June 1, 2007, thru May 31, 2008.

* Reviewed and approved the proposed 2008/09 budget for ACA International.

* Nominated Mark Neeb, Martin Sher and Karolyn Rubin as the candidates for the positions of 2008/09 ACA treasurer, vice president and president-elect, respectively.

* Confirmed the nomination of Jay Gonsalves for the position of 2008/09 ACA president.

* Designated the U.S. Bank of Edina as the bank for ACA International.

* Approved the ACA officers and certain senior staff as signatures of record for ACA's bank accounts.