FIRST UNITED METHODIST CHURCH

LEXNGTON, KENTUCKY

CHARGE CONFERENCE MINUTES

July 4, 2004

Dr. Al Gwinn, Sr. Pastor, called to order the Charge Conference at 10:30 a.m. in the Sanctuary of First United Methodist Church.	CALL TO ORDER
Foster Ockerman, Jr., Administrative Council Chair, passed out a copy of a resolution submitted to the Charge Conference by the Finance Committee and said, “I so move: · "BE IT RESOLVED, that the general sentiment of the First Church Finance Committee, to wit, that the current bonds in the parsonage fund be sold and the proceeds invested in appreciating assets, be confirmed and that the First Church Endowment Foundation be and is authorized and directed to sell said bonds and invest the proceeds in appreciating assets and, from time to time, such assets as the Board of Stewards in its discretion should determine." BE IT FURTHER RESOLVED, that the second paragraph of the resolution passed by the Charge Conference dated July 21, 1994 be dissolved.”	MOTION and RESOLUTION
Dr. Al Gwinn asked if there were any questions? · Ernie Stamper asked if the second paragraph of the 1994 Charge Conference resolution were to be deleted, would that, in any way, cause a change in the budget? Dr. Gwinn responded by saying, “no it would not”. Dr. Gwinn said due to the fact the motion came from committee it did not require a second and followed by asking the Charge Conference if they were ready to receive the question. All in favor – aye and those opposed – nay. APPROVED.	QUESTIONS
Dr. Al Gwinn asked the Charge Conference: “All in favor of the stated motion to signify by saying aye, those opposed signify by saying nay. There being no opposition the motion was APPROVED.	VOTE
There being no further business the Charge Conference was adjourned at 10:36 a.m.	ADJOURNMENT
Respectfully submitted, Joyce Miller Recording Secretary