We hope to see you at the NACA meeting on March 15th, at 7:00 PM at the North Austin Community Center/YMCA, 1000 W. Rundberg. See the agenda here
If you have not paid your dues, please do so by visiting http://www.naca-austin.org/membership/
At the meeting we will vote on a proposal to use $10,000 of the current Beautification Fund balance as an endowment by investing this money in risk-bearing stocks and bonds (using a 70/30 blend of stocks and bonds to mitigate risk) and use any capital gains above $10,000 for projects the following year. There would be no reinvestment of yearly capital gains. For more details on this proposal, see the article by Brian La Cour in the march newsletter.
Also, we will honor Randy Teich (former President) for his service to NACA and have a St. Patrick’s Day themed celebration. Feel free to bring a snack to share if you would like.