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2008-11-20 MinutesA regular meeting of the New Hanover County Alcoholic Beverage Control Board was held at the General Office at 523 S. 171h St., Wilmington., N. C. on November 20, 2008 at 8:30 A. K Members of the Board present were: Charles C. Wells, Chairman Stephen E. Culbreth, Member Richard V. Hanson, Member Others in attendance were: W. R. Williams, Administrator Brad Williams, Assistant Administrator Jerry Mannen, Attorney to the Board Sgt,. S. L. Morgan, New Hanover County Sheriffs Dept. Stan Paradis, Auditor to the Board George Roundtree, Attorney Mr. Culbreth made a motion that the minutes of the meeting on October 16, 2008 not be read and that they be approved. Mr. Hanson seconded the motion and Chairman Wells so ordered. Mr. Williams presented the sales for the month. of October. He reported that the sales for the month were $2,570,258.15 and sales for the twelve-month period were $30,980,761.92. Monthly comparisons for the same period last year show an. increase of $194,720° 14 or 8.20%. Yearly sales comparisons show an increase of $537,277.92 or 1.76%. Sgt. Morgan reported that for the month of October Law Enforcement conducted 10 inspections of the 270 outlets. Stan Paradis presented the audit report for the quarter ending September 30, 200& He reported that net sales were up 3% and net profit was Lip 3%. He recommended that the Board set up a tund to cover retiree benefits. Mr. Culbreth made a motion to set aside the monies in a separate account. Mr. Hanson seconded the motion and Chairman Wells so ordered. IN 36 Im Con't 2 Mr. Wells set the date of the next meeting for December 18, 2008. Mr. Hanson made a motion to adjourn the regular meeting and reconvene in executive session (GS 143-318.11) to discuss real estate. Mr. Culbreth seconded the motion and Chairman Wells so ordered. Secretary