UP Beta Sigma 
                    Fraternity International (UPBSFI)
                  
                    
                    BOARD OF DIRECTORS
                  
                    
                    RECORDS
                  
                    
                    2014-2016 Term
                  
                     
                  
                    
                    Resolution No.3--Approval of 
                    Funding by the Board of Directors to Support  UP Diliman 
                    Resident Brods in the  Varsity Team Competing in the  2014 
                    UAAP Swimming Championships
                  
                    
                    Reference No. 00302102014
                  
                     
                  
                    
                    The Board of Directors(BOD) approved on 02 October 2014 a 
                    resolution sponsored by President Edsel Arceo  to fund 
                    seven(7) UP Diliman resident brods who are participating in 
                    the 2014 UAAP swimming competition.  The seven resident 
                    brods are all members of the UP Varsity Team, which is the 
                    UAAP defending champion in both men’s and women’s divisions.
                  
                     
                  
                    
                    In a letter  to the Board, President Arceo said that the 
                    request for funding was originally submitted   by the seven 
                    competing  brods to the Operation Big Brother 
                    Foundation(OBFF) and was subsequently forwarded to him. In 
                    endorsing the resolution, President Arceo appealed to theBoard 
                    to give financial support to the resident brods’ campaign to 
                    bring back the glory days of the fraternity in the field of 
                    sports. 
                  
                     
                  
                    
                    The UPBSFI will shoulder fifty per cent (50%) of the 
                    proposed twenty thousand pesos (Php 20,000) budget committed 
                    by OBBF.  This will roughly be two hundred and twenty three 
                    dollars(US$223). The 
                    UPBSFI has been a consistent partner of OBBF in various 
                    projects in the past  to promote the fraternity’s name.
                  
                     
                  
                    
                    The proposed source of fund will come from the UPBSFI’s 
                    operating  cash balance in the United States.
                  
                     
                  
                    
                    The breakdown of expenses during the four-day event follows:
                  
                     
                  
                    
                    Recovery  food and meals                      Php  8,000
                  
                    
                    Gatorade energy drink                                    5,000
                  
                    
                    Muscle tape                                                   7,000
                  
                    
                                                                                
                    -----------------
                  
                    
                    TOTAL                                                
                    Php  20,000
                  
                     
                  
                  
                     
                  
                     The Board  through President Arceo  also  received  on 02 
                    October 2014 the following communication  from  OBBF  
                    president Peter Danao:
 
                  
                    “Dear President Edsel Arceo,
                  
                    I would also want to take 
                    this opportunity to inform everybody that the Central 
                    chapter thru Brod Rolly Reyes, is also keen on supporting 
                    the VST brods. I have asked the VST brods to provide other 
                    expenses they will incur in this UAAP event, which starts 
                    today, that may not be covered by the initial Php 20K fund.
                  
                    Rest assured, we will monitor 
                    and update the proceeds of UPBSFI, Central and OBBF’s joint 
                    contribution on this. Best regards.
                  
                    Peter Danao”
                  
                     
                  
                  
                    
                    Voting Result: 26
  1. Edsel Arceo
  2. Brandy Ancheta
  3. Ike Araneta
  4. Art Atega
  5.Jayjay Jaime
  6. Noli Nolasco
  7. Norman Bituin
  8. Willie Vergara
  9. Johnny Regadio
                    10. Ed Rivera
                    11. Mon Carpio
                    12. Jopet Laraya
                    13. Ronnie Dimaano
                    14. Josue Castillo
                    15. Nick Galvez
                    16. Dennis Belmonte
                    17. Aman Carolino
                    18. Dutch Aragones
                    19. Mon Mamaril
                    20. Edwin Garrido
                    21. Randy Malayao
                    22. Ted Quijano
                    23. Rolly Zubiri
                    24. Dave Villegas
                    25. Joel Paredes
                    26. Caloy las Marias
                  
                  
                     
                  
                  
                     
                  
                    
                     Noted:          Rolly Zubiri
                  
                    
                                          Secretary
                  
                     
                  
                    
                    Date:              02 October 2014