Good morning and Happy New Year: After reviews by staff and Chairman Fenstermaker, Jim has asked that I distribute the minutes of the November 20, 2010 meeting of the Administration and Finance Committee to the Board. As you will see from the minutes, this also includes the conference call held on December 15, 2010 to complete the agenda of the meeting. 73, Barry J. Shelley, N1VXY Chief Financial Officer ARRL, Inc-The National Association for Amateur Radio(tm) 225 Main St. Newington, CT 06111 www.arrl.org <http://www.arrl.org/> Phone: (860) 594-0212 E-mail: bshelley@arrl.org <mailto:bshelley@arrl.org>