Sale of the VFW

[Steven Hubbard]

Effective today the Post is going up for Sale. The Intent is to settle the IRS Tax Obligation and to try to find an Investor that will do a long term Lease back to us. Because of the continued Financial Problems that is facing the Banking Industry we were turned down on the Refinance Effort. Being a Non-Profit there are more stringent 'Parameters' on Loans given to Non-Profit Organizations. With the Equity that we have in the building, my Plan is to revise the Operational Procedures and Expense's in dealing with balancing out our Finance's with a good solid 'Business Plan'. We are not the only Post having difficulty, but I feel that we need to be realistic about how we conduct our business and will put every effort into making our Post successful.

Commander Hubbard

[boyd thomas herrst]

Hi again Commande! I was looking at something on the blog page that showed me as a member? That is
just for communicating with you all right? I'm eager to get up there Sir, but right now I have a lot of trustee
stuff to do, what with the audits and all, eh! One of these days I hope to get up there to your Post home! I
hope you get all the kinks out of your lines and get your financials straighted out to find you a lender!
Boyd T. Herrst,PPC.

[boyd thomas herrst]

Cmdr Hubbard; I wish you much great success with your revisions of ops procedures. This can be a real
"hairball!" for a commander and staff. Our Post has had some problems also and we had been talking of
consolidating with another Veteran's org. but there are so many parameters to that make it pretty much
improbable! We worked and cut and refitted and a whole bunch of other things that had to be done so we
wouldn't lose the post. We've been here since the early 1940's, I have only been a member here since 2002.,
and got nominated to fill a trustee position after they vetted me with my former Post and the VFW. anyway I
really hope you can getting everything straightened out Commander!!
Respectfully Boyd T. Herrst, Past Cmdr V.F.W. Post #3323, Westland, MI (now Trustee Post #4187 Tecumseh

[Stretch]

Trust you to do what you think is right for the club. Quite a lot of pressure for a new Commander. You are the right man for the job though Steve, Good luck.