NOT About the FAITH; IT'S ABOUT THE $MONEY$!

Moderators' Note: We have been asked by Mr. Nick Bapis to put this communication he received yesterday afternoon on the blog. We are also adding the text, verbatim, from the letter Mr. Floor attached to this message. The original of that document may be viewed HERE.

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From: Phillip S. Floor [mailto:phill@mapconmapping.com]

Sent: Wednesday, June 15, 2011 4:28 PM

To: Bapis, Nick

Subject: GOCGSL Accounts

Nick,

Please find attached a letter and resolution directing a change to the signers on the Campaign account at HighTower.

These documents were drafted some time ago but I have held back from sending them to you as I am aware of your concerns regarding Parish Council elections. Since it was announced today that elections will be held, it is my hope that you will honor the directives of our Hierarchs and execute this change.

Thanks for your help,

Phill

--

Phillip S. Floor, C.P.

Mapcon Mapping Inc.

President

Tel: (801) 277-9853

Cell: (801) 450-5146

www.mapconmapping.com

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Greek Orthodox Church of Greater Salt Lake

May 11, 2011

Nick M. Bapis
Partner and Managing Director, The Bapis Group
HighTower Advisors, LLC
2725 Parleys Way
Salt Lake City, UT, 84109

Dear Nick,

Enclosed herewith is a corporate resolution from the Greek Orthodox Church of Greater Salt Lake requiring the signatories on all of the accounts held by the Church or any of its committees, groups or organizations and managed by The Bapis Group on behalf of HighTower Advisors, LLC to be immediately changed to include only the following officers of the Parish Council:

Jim Mylonakis, President
Jim Priskos, Vice President
Jim Derby, Treasurer
Joseph Sasich, Asst. Treasurer
Phillip Floor, Secretary

As set forth in the resolution, the signature of at least three of the above referenced officers shall be required to take any action on any of these, and any signatories other than the above identified officers are to be immediately removed from the accounts.

Please send any required change forms immediately to the attention of Jim Derby, and please call if you have any questions.

Regards,

/Signatures/

Fr. Matthew Gilbert Fr. Michael Kouremetis
Proistamenos, Holy Trinity Cathedral Proistamenos, Prophet Elias Church

Jim Mylonakis Phillip S. Floor
President Secretary

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CORPORATE RESOLUTION OF THE GREEK ORTHODOX CHURCH OF

GREATER SALT LAKE

WHEREAS, a duly noticed meeting of the Parish Council of the Greek Orthodox Church of Greater Salt Lake was held on May 9, 2011;

WHEREAS a quorum of the Parish Council members were present at the meeting;

WHEREAS a majority of the Parish Council members present at the meeting determined it to be in the best interest of the Corporation for all HighTower Advisors accounts currently held in the name of the Greek Orthodox Church of Greater Salt Lake or any committee, organization or group thereof (hereinafter, the "HighTower Accounts") to be under the sole control of the Parish Council, that the signers on such accounts to be the duly elected officers of the Parish Council and for no other signers to be on those accounts, and that the signature of at least three of the above identified officers shall be required to take any action on any of the HighTower Accounts;

BE IT HEREBY RESOLVED, that the currently elected Parish Council officers (Jim Mylonakis. President, Jim Priskos, Vice President. Jim Derby, Treasurer, Joseph Sasich, Asst. Trcasurer and Michael Petrogeorge, Secretary) shall be the sole signatories on all HighTower Accounts, that any other signatories shall be immediately removed from all HighTower Accounts, and that the signature of at least three of the above identified officers shall be required to take any action on any of the HighTower Accounts.

The undersigned hereby certifies that he is the duly elected and qualified Secretary and the custodian of the books and records and seal of the Greek Orthodox Church or Greater Salt Lake, a corporation duly formed pursuant to the laws of the State of Utah and that the foregoing is a true record of a resolution duly adopted at a meeting of the Greek Orthodox Church of Greater Salt Lake, and that said meeting was held in accordance with state law and the Bylaws of the Greek Orthodox Church of Greater Salt Lake as set forth above, and that this resolution is now in full force and effect without modification or rescission.

IN WITNESS WHEREOF, I have executed my name as Secretary and have hereunto affixed the corporate seal of the above-named Corporation this 11 day of May, 2011.

Secretary:

/s/

Phillip S. Floor