Hi All,
Happy Holidays everyone, and this is your year end update, chock full of goodies! Attached to this email is a copy of our 2022 AGM Meeting Minutes. If you have any questions, just email / DM me or ask in slack.
ERTC registration will be live on January 1, 2023. The price for registration has been increased to $125 to keep up with rising inflation costs. We continue to operate on a yearly break even basis. You can register here. https://zone4.ca/reg.asp?id=30802
We are welcoming a new treasurer, Mike Christ, as Graham Watts has stepped down from this position. A little about him in his own words:
I have been a practising accountant since 2007. I was designated as a CPA in 2015. I have held positions in Audit, Financial Reporting, Capital Planning, and now Financial Management for Finning Canada here in Edmonton. I was Treasurer and Board Chair for Finance at the Greater Bragg Creek Trails Association from 2016 to 2019. One of the efforts I led was to raise $1.2M in funding for the construction of the new section of the TransCanada Trail for the Hamlet of Bragg Creek.
I am a cycling and cross country ski fanatic and joined ERTC to be a part of the Edmonton cycling community.
I look forward to facilitating the efforts of ERTC as it continues its great work.
Mike has already facilitated several changes with our finances. ERTC has now invested $35000 in Guaranteed Investment Certificates (GICs) which will guarantee a 4% annual return with little risk (read - if we lose it, we have a lot more to worry about, like the collapse of the banking system). This leaves us with enough operating capital to carry on our operations for 2023 while giving us an additional income stream. We may redeem the GIC at any given time, with no penalties other than lost interest. Mike has also led the way in setting up electronic funds transfer with multiple authorizers. Refunds and payments to members and other entities should be much faster.
ERTC will be facilitating Cross Country Ski Lessons. The cost will not be covered by ERTC, however the cost is extremely reasonable. The coach will be Jay Smith, a certified CANSI instructor. Read more about her in her own words:
Jay Smith is a CANSI and NCCP-certified cross-country skiing instructor. She has skied competitively for a decade and co-founded YEG Nordic, a master's race team. She is also an accomplished runner and cyclist.
The idea for these lessons will be small groups, ideally 4-5 people so you may get semi-private instruction, however you may also hire her for private lessons through us. The package would be something like 4 lessons of 1.5 hours, for $110 per person (approximately). There would be 2 levels of instruction, one for less than 10 hours of total XC ski experience and one with more than 10 hours of total experience. Lessons would be 2 classic, and 2 skate, however this split may be weather and participant dependent. You are welcome to sign up but only show up for classic or only show up for skate (the cost will not change). The dates and times are subject to the individuals of the group and up for negotiation. Please indicate your interest here: https://forms.gle/GYYum3TiRcA8Leab9