Volume 85, Number 50 - June 26, 2001

UPCOMING PROGRAM (July 3, 2001)

Tuesday, July 3, 2001, is the day that President DANIEL A. TEDER and President Elect OSCAR HOPKINS have decided will be the administration/leadership change of the Lafayette Rotary Club. Retiring President DAN will review the highlights of his past Rotary year and incoming President Elect OSCAR will outline his program for the 2001-2002 Rotary year. It is hoped that members, and especially Club Past Presidents (tables will be reserved for Past Presidents), will make a special effort to attend to extend their thanks to President DAN for his efforts during the past Rotary year and to show your support to President Elect OSCAR in the upcoming 2001-2002 Rotary year.

JIM HANKS, is the Program Coordinator for June.

• Tuesday, July 3, 2001: See Above;
• Tuesday, July 10, 2001: SUSAN KISINGER, John David Collier, and SUE EILER, spouse of ED, "Civic Theatre at 70�The Celebration Season";
• Tuesday, July 17, 2001: LIZ SOLBERG and JIM BODENMILLER, "Vision 2020";
• Tuesday, July 24, 2001: Doug Gutridge, DENNIS DUNN, and JIM BODENMILLER, "Museums at Prophetstown"; and
• Tuesday, July 31, 2001: Doug Eberle and John Walling, "Hospital Merger."

MEETING FUNCTIONS: Money Collectors - MARTHA CHISCON, 11:15 - 11:45 a.m., and FRANCIS PRITSCHER, 11:45 a.m. - 12:15 p.m.; Greeter - PAUL POST; Invocation - KEN EWING; and Music - BOB MEYER.

CLUB CONCERNS

Prior to the invocation today, President DAN TEDER, requested members/spouses to keep the following in their thoughts and prayers: BOB FIELDS; BOB HIATT; JOHN and EUDORA MC KEE; ED PAGE; Dirk Reif, son of BARB; CAROL REW, spouse of CARL; FAE SPURLOCK; and BEV STONE.

CORRESPONDENCE from JOHN MC KEE:�This afternoon a beautiful pot of azaleas arrived at our apartment. What a surprise and a pleasant thoughtfulness of the Club. It was gratefully appreciated by both of us�It adorns a special place in our living room�We will keep the live plant well watered� Most appreciated. Best wishes from JOHN and EUDORA MC KEE.

ANNOUNCEMENTS

"SHOTS NOT SPOTS": FRITZ COHEN, Chair, and SANDY PEARLMAN, Vice Chair, Community Service Projects Committee have indicated that the Club will again coordinate volunteer service to the Tippecanoe Health Department's Immunization Drive, "Shots Not Spots." The County's Kindergartners and First Graders will be inoculated against the most common childhood disease, and Rotary has assisted these twice-a-year efforts over the past several years. "Shots Not Spots" is scheduled for Wednesday, August 8, 2001, Tippecanoe County Fair Grounds (Home Ec Building). County nurse, Donella Carter, indicates that participation will be more numerous this time, and that 18 volunteers will be needed to help carry out the project. Please mark your calendars to serve on this important undertaking. A sign-up sheet will be posted at our next meetings, and they would like to urge you to sign up as soon as possible for any of the four time slots: 10:00 a.m. - Noon; Noon - 2:00 p.m.; 2:00 - 4:00 p.m.; and 4:00 - 6:00 p.m.

MESSAGE from BILL HATFIELD, PDG 1998-1999: Prof. Jose Abramo Marchese (specialist in medicine and aromatic plant physiology), Pato Branco-Sul, BRAZIL, has received a scholarship to Purdue from the National Research Board of BRAZIL to pursue a Ph.D. (four years). Prof. Marchese would like to locate a Rotarian, or non-Rotarian, family where he could live for two months, August and September, this would help him financially, while he studies for a certificate in English. Later when he begins his Ph.D. studies, he will bring his family and will rent housing in the Greater Lafayette area. If you would be interested in helping Prof. Marchese, or know of someone who might be, please contact BILL - telephone 463-9888, or e-mail hatfield@purdue.edu.

MAKEUPS: BOB FEUER; ELAINE ELLISON; and TOM SCHMIDT, Daybreak; LARRY LANE, Otterbein; and LE ROY SILVA, Indianapolis (two times).

JULY BIRTHDAY TABLE - First Tuesday of July, Tuesday, July 3, 2001.

JULY BIRTHDAYS and DATES - SUSAN SMITH, Chair, July Birthday Table.

DAVE ALEXANDER	30	SUSAN HYCHKA	25
FRED ANDERSON	5	CHRIS JOHANNSEN	24
JIM ANDREW	4	CHRISTA KECK	19
STELLA BATAGIANIS	26	ANNE KOIVO	27
BOB BROCK	11	JIM MC GLOTHLIN	29
BERTIE BUCHANAN	28	BOB MEYER	18
BILL CONNORS	2	BILL R. MILLER	25
DENNIS DUNN	3	HANS NAUMANN	24
GREG EBERHARD	16	RON NEEDHAM	21
JIM FUNK	31	MILLARD PLUMLEE	14
ROB GALBRAITH	22	RICK SCHWARZ	22
DON GEORGE	29	WENDELL SEABORNE	24
JIM HANKS	1	LINDA SIMUNEK	28
ANGEL HERNANDEZ	9	CHRISTY SMITH	17
STEVE HICKMAN	29	SUSAN SMITH	4
BILL HINZE	26	FAE SPURLOCK	19
JIM HOBBS	28	JOHN TROTT	8
CHARLOTTE HOWELLS	3	JANE TURNER	20
TRACIE HUGHES	15	HARLAND WHITE	20
JON HUSTON	25

MAY 100% CLUB: Number indicates months of continuous attendance; no number indicates one month. ADAMS (108); ANDERSON, FRED; BARRETT (45); BOUGH (5); BROCK (83); CARPENTER (11); CHISCON, AL (137); CHISCON, MARTHA (129); CLARK (3); COHEN, FRITZ (65); COHEN, LEONA (3); COURTANEY (46); DIESSLIN (71); ELLISON (2); EWING (71); FEUER (221); FILMER (64); FOSTER (69); FREY, HARLEY (165); FULLER (206); FUNK, CHRIS (40); GARRISON (44); GRIFFITH (268); GRIFFITHS (68); HALL, MARGARET (123); HAMMEL (26); HANKS (36); HANSEN (35); HATFIELD (244); HERNANDEZ; HOBBS (87); HOPKINS (70); HYCHKA (47); JACKSON (65); JANLE (46); KECK (64); KEPLER (132); KLUSMAN (74); GRIFFIN KOEHLER (118); KOHLS (3); KOSMAN (37); LANDGREBE (131); LANE (474); LOVELL (18); LUHMAN (84); LUZADER; MAYES (7); MC CARTHY (36); MC HENRY (69); MICON; MILLER, BILL R. (348); MITCHELL (138); NAUMANN; NELSON (79); PAPE (249); PARK (20); PARKHURST (17); POST (7); PRITSCHER (19); RAHDERT (107); RUNNELS (147); SANDERSON (3); SATTERLY (3); SCHMIDT (271); SCHWARZ; SILVA (251); SMITH, KEITH (50); SMITH, SUSAN (107); ST. JOHN (140); STEVENSON (2); SUDDARTH (46); TEDER, DAN (110); TEDER, LAWRENCE (4); TROTT (2); TURLEY (167); TURNER, JANE (128); VERPLANK (433); WADE (89); WALKER (193); WEST (95); and WILEY (249). CONGRATULATIONS to JIM HANKS and JERRY MC CARTHY who had three years; to DAVE LUHMAN who had seven years; to BOB ADAMS who had nine years; to REX KEPLER who had 10 years; and to BILL R. MILLER who had 29 years of 100% attendance at the end of May 2001.

INDIANA BUSINESS COLLEGE (IBC) GUEST: Amanda Whiteley, guest of the Club, was introduced by GREG REGER, Executive Director, IBC. Amanda was born and raised in Lafayette and working towards an associate degree in Business Administration and plans on graduating in September 2001; then in January 2002 plans to pursue a bachelor's degree in Business Administration at Northwood University. President DAN presented a certificate of recognition and a Rotary travel mug (Four-Way Test on it) to Amanda.

CLUB BOARD MEETING NOTES (Monday, June 11, 2001)

1. Minutes of the May 14th meeting were approved as distributed;
2. LANDGREBE, Treasurer, Lafayette Rotary Foundation (LRF), reported that "Singing for Greater Lafayette" grossed $40,301.00 with Club expenses of $7,475.81, that included a budgeted amount of $3,000.00 for Purdue Musical Organizations (PMO) expenses; it was moved, seconded, and carried, directing the Secretary to write a letter to BRIAN BREED, Director, PMO, indicating that LRF planned to close its 2000-2001 year books by June 31, 2001 and should LRF not receive a bill from PMO by that time, LRF Treasurer would reimburse the Club for expenses incurred, $7,475.81, forward the balance to Habitat for Humanity of Lafayette, and PMO's bill, upon receipt, would be forwarded to Habitat for Humanity for payment;
3. MC HENRY, Club Treasurer:
1. Reviewed the Cash Receipts and Disbursements Summary Report for May;
2. Transferred $2,000.00 from the Merrill Lynch fund to the LRF to assist with camperships and journalism scholarships;
3. JOHN MC KEE, granted honorary status, had paid Club dues a year in advance and was offered three alternatives, i.e., have the amount returned, transfer the amount in his name to the LRF, or transfer the amount in his name to The Rotary International Foundation � JOHN chose to have the amount transferred to the LRF;
4. Largest expenditures in May were for the Scholarship & Citizenship Awards Program, April 17, 2001, and payment of Annual Dinner expenses, including $4,722.66 to the University Inn Conference Center and Suites (University Inn) for 240 dinner guests;
5. Club reimbursed by the LRF for all of the expenses of the "Singing for Greater Lafayette" benefit;
6. Distributed Interim Report #3 regarding expenses related to the "Singing for Greater Lafayette" benefit;
7. Ten members were in arrears for 5.1.01-10.31.01 dues; Board members volunteered to contact those Rotarians; and
8. The Preliminary Fiscal Year 2001-2002 Budget was reviewed with the following notations, i.e., addition of the cost for approximately 75 brass Rotary wheels, and suggestion from the Budget committee, with concurrence of the University Inn, to raise the current cost of the Rotary lunch from $7.50 to $8.00, until January 1, 2002, with the additional .50 cents returned to the Club as income, and raise the cost of the Rotary lunch, which goes to $7.75 after January 1, 2002, from that amount ($7.75) to $8.00, with the additional .25 cents returned to the Club as income; Preliminary Fiscal Year 2001-2002 Budget and proposed Budget Committee meal increase with meal cost difference returned to the Club as income was approved with four members voting against the motion;
4. Board formally approved membership, following mail ballot approval, of Gregory W. Deason, Associate Director, Real Estate, Purdue Research Foundation, and Gregory P. Reger, Executive Director, Indiana Business College;
5. Board approved the following membership proposals, pending approval by the Membership Selection & Classification and Membership Education & Information Committees: Kirby Kalbaugh, Director of Sales, Homewood Suites by Hilton; David M. Lahr, Member of Lafayette Board of Zoning Appeal; Robert Pressler, Sales Manager, Homewood Suites by Hilton; and Judith Rhodes, Clerk-Treasurer, City of West Lafayette;
6. GARRISON, Chair, Funds Request Committee, reported the Committee had received two proposals and would meet soon to consider them and make a report to the Board;
7. Task Force did not meet at its regularly scheduled date/time;
8. Personnel Committee met and continued to divide the Executive Director/Secretary's job description into either Executive Director or Secretary functions;
9. Attendance at the New Member Reception was reviewed by categories, i.e., new member and spouse/guest, sponsors and spouses, and Board members and spouses;
10. Pictorial Directory publishing date moved from July 1st to August 1st to assure a more accurate listing of members related to the collection of dues; and
11. President DAN expressed his appreciation for the cooperation of the Directors and thanked GENE COURTANEY, Immediate Past President; JIM FOSTER; ROB GALBRAITH; and JAN GRIFFIN KOEHLER, Directors, for their years of service on the Board.

FOUNDATION BOARD (LRF) MEETING NOTES (Wednesday, June 13, 2001)

1. Minutes of the May 16th meeting were approved as distributed;
2. LANDGREBE, LRF Treasurer, reviewed Club Board's action regarding the "Singing for Greater Lafayette" event;
3. President DAN reviewed May Club Board meeting;
4. SMITH, K. indicated, via e-mail, that he felt his schedule would permit him to Chair the Investment Committee for the next two years - July 1, 2001 through June 30, 2003; and;
5. JOHN CARPENTER was recognized for his 15+ years of service on the Board, he replaced KARL KETTELHUT, and was granted emeritus status by unanimous vote of the Board.

PROGRAM (June 26, 2001)

President DAN introduced BETTY NELSON, who in turn introduced Prof. Larry DeBoer who made a most interesting presentation. He provided background information in the form of a handout, available from GRIFF, regarding IN's Property Tax Dilemma a follows:

1. IN's Assessment Standard:
1. State Constitution - General Assembly shall provide, by law, for a uniform and equal rate of property assessment and taxation and shall prescribe regulations to secure a just valuation for taxation of all property, both real and personal;
2. IN Code � True tax value assessment is the value determined under the rules of the State Board of Tax Commissioners;
3. IN's Assessment Rules � Structures are assessed based on construction costs less depreciation, with adjustments for condition, neighborhood quality and other factors; depreciation is based upon the age of the structure; non-farm land is assessed on a market value basis; farm land is assessed based on its productivity in agriculture - the result of the previously cited assessment variables is true tax value;
2. IN Supreme Court (Court) of December 4, 1998 ruled that the General Assembly's statute is constitutional, but the Tax Board's assessment regulations (cost schedules) are unconstitutional;
3. Market value uniformity requires that assessed value is the same proportion of selling price for all property types and research shows that states that attempt to set assessments at 100% of market value have more uniform assessments than states that do something else, like 33% of true tax value;
4. Assessed value used to be one-third of true tax value, but for taxes payable in 2002, true tax value and assessed value will be the same, with tax rates cut by two-thirds so that tax payments are unaffected;
5. Market value assessment is consistent with the Supreme Court's decision, and would likely improve assessment uniformity, but would create large shifts in property tax payments; and
6. Dilemma:
1. To promote uniformity and satisfy Court's decision, assessment rules could be based on market value, but creates big tax shifts and might require tax restructuring; or
2. To avoid tax shifts, assessment rules could be based on non-market value methods, but this is unlikely to promote uniformity and may subject the State to a new round of court challenges. Prof. DeBoer feels there is a possibility that Gov. O'Bannon will call a special session of the General Assembly to deal with tax restructuring; however, any special session could bring many other items to the table. If you have an opportunity to hear Prof. DeBoer make a presentation regarding this subject, you should take advantage of it.

MEETING FUNCTIONS: Money Collectors -DICK KOHLS and JO WADE, substituting for STEVE HICKMAN; Invocation by JOHN CARPENTER; Singing led by KATHY MEEKS; Rotary Piano by HARLEY FREY; and Free Meals Drawing � BOB GARRISON and VIC LECHTENBERG.

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