GOOD TERN CO-OP Annual Meeting
Saturday May 5 5pm
Rockland Congregational Church
180 Limerock Street
“Family” Potluck Dinner at 6pm, followed by 7pm meeting.
The topic of discussion will be a proposed EXPANSION!
Members are encouraged to attend. PLEASE NOTE: the store will close at
5 pm on this day.
As a member of the co-op, you are a part owner. Please join us and cast your vote at the Annual Meeting as we review the year and discuss important issues about our future. The Annual Membership Meeting will take place at the Rockland Congregational Church located at 180 Limerock St. Beverages and ice cream will be provided. Please bring a dish to share for the potluck at 6pm. The meeting will begin at 7pm.
The annual meeting is designated as a time for gathering the members for voting and discussion related to issues that directly influence Co-op policy. In these times, maintaining any control over the quality and source of our food is both unique and precious.
Of the topics we will be discussing one of timely interest is the topic of expansion. Please come, enjoy a pot luck supper with your Co-op community and offer your input into the policy decisions that will guide us this year and into the next.
6:00 Potluck and Socialization. Co-op will furnish coffee, tea, soda, juice and ice cream.
7:00 Business Meeting
2. Manager’s Report
3. Treasurer’s Report
4. Committee Reports
Education and Outreach
Membership and Nominating
5. Election of Board
6. Expansion Discussion
7. New Business
The Board of Directors has been seriously discussing the issue of expanding our co-op. After much thought and conversation, including an afternoon long retreat, we have reached consensus in favor of expansion. There have been some exciting possibilities presented to us that we will deliberate over in the coming months. One thing was certain to us: Good Tern Natural Foods Co-op belongs to Rockland and this is where we will stay. During our afternoon retreat we discussed the pros and cons of what we felt were sound reasons to expand or not to expand. Those reasons are highlighted below:
Reasons not to expand/change what we have:
Our beautiful building is only ten years old. Much energy and creativity went into bringing this about.
Our current space is in a good location, in town and easily accessible by foot and/or bicycle.
Many members are comfortable with its present size and feel that the product selection is adequate.
The Co-op is sound financially. Why go into debt at this time?
Change is difficult! There is the notion that to become “bigger” might result in a loss of integrity.
Reasons in support of expansion/growth:
A new space would allow us to create much more shelf-space in all areas enabling us to bring in new products, highlighting local and regional producers with beautiful, set-apart displays.
A new space would allow us to expand two of our most important departments: namely, the produce department and the bulk department.
More space for back-stock and proper storage of refrigerated and frozen items. Having adequate storage space allows us to buy in volume thus reducing our cost and ultimately reducing the price of goods for our members/customers.
A new space would allow us to create a larger café area enabling us to offer more selection of prepared, ready-to-eat menu items.
In our new space we would have room enough for much needed office space and private discussions/meetings.
In our new space we would create a Community Events/Educational conference room where we could host seminars, open forum discussions, film screenings, wine tastings etc.
We would create a more appropriate loading dock for truck deliveries.
We would create a much more user-friendly parking area.
Now is a good time for low cost loans and grants. Some sources of funding have been recognized through the following lenders: CEI of Wiscasett, the Cooperative Fund of New England, and the Maine Rural Development Authority.