Caisse holds An­nual Gen­eral Meet­ing

Stanstead Journal - - FROM PAGE ONE - Vic­to­ria Vanier

About one hun­dred and fifty mem­bers at­tended the an­nual gen­eral meet­ing of the Caisse Des­jardins du Lac Mem­phrem­a­gog on April 22nd at La Ruche high school. The Caisse con­trib­uted to the so­cio-eco- nomic de­vel­op­ment of the com­mu­nity with part­ner­ships and do­na­tions worth $65,000 and a com­mu­nity de­vel­op­ment fund of $426,500. The as­sets have in­creased by 3.6% to reach $759.8 mil­lion while the sur­plus sits at $5.4 mil­lion.

Thanks to this sur­plus, the Caisse will dis­trib­ute in­di­vid­ual re­turns to­talling $1,800,000 to its mem­bers. Be­sides the in­di­vid­ual re­turns, mem­bers adopted with a ma­jor­ity the rec­om­men­da­tion of the Board of Di­rec­tors to dis­trib­ute a com­mu­nity re­turn of $200,000 to the Fonds d’aide au developpement du mi­lieu. This money will al­low the Caisse to sup­port new projects who aim to con­trib­ute in a sig­nif­i­cant man­ner to the sus­tain­able de­vel­op­ment of the com­mu­nity, to cre­ate new jobs, to put in place or main­tain lo­cal ser­vices, to bring new so­cio-eco­nomic ac­tiv­i­ties into the re­gion.

Photo cour­tesy

An­dré Bé­gin (pres­i­dent of sur­veil­lance com­mit­tee), Michel Tur­cotte (as­sem­bly pres­i­dent), Jean-Luc Dasté (gen­eral di­rec­tor) and Danielle Bolduc (Board pres­i­dent) pre­sented the 13th An­nual Gen­eral As­sem­bly of the Caisse Des­jardins du Lac-Mem­phré­m­a­gog.

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