Our featured speaker today was Dr. Bill Mundy, an economist and a farmer and his wife of nearly 50 years, Maryanne.  His presentation was entitled "Environmental Insults".
 
Rotary Club of Olympia
The Wheel
 
Date:  11/30/2015
 
Meeting called to order: by President Jack Belmont at 12:30 pm at Indian Summer Golf and Country Club
 
Today’s Program: Environmental Insults by Dr. Bill Mundy
 
Invocation by:    Lori Woodland
 
Pledge of Allegiance led by: Bradley Hooper
 
Song:  “America The Beautiful” led by Gloria Strait
 
Four Way Test led by:  Dick Blinn
 
Visiting Rotarians:  Tanya Moat from West Olympia “Foundation”
 
 
Guests of Rotarians:  Chris,  Manager for the Assistant Attorney General’s office
 
Happy Bucks:
   
 
*Trent Hart reminded the club that December 19th Salvation Army Bell Ringing begins and you can volunteer—if you would like to donate, send your check to Trent (made out to the Salvation Army) and he will add it to the donation by the Olympia Rotary Club.
*Lisa Poundstone spent the last week in Texas with her whole family gathering for an uncle’s funeral.  This was their first time together in several years.
*Mo Considine suggested a way to continue to promote world peace would be to host an exchange student.  Both students are looking foir a second host family—if you know anyone please let Mo know.
*Nancy Riordan reminded everyone of the 28th Annual Christmas Forrest event is open to the public starting Wednesday of this week (the reason we are at Indian Summer today).  Also, 6 tickets to the event will be given as a prize drawing today.
 
Announcements:
Judy Blinn had everyone wearing Rotary “bling” stand up—many did , but Judy reminded everyone to wear their Rotary Pins proudly to every meeting.
 
Terry Anderson auctioned off some Salmon to Dennis Peterson for a $50 donation.
 
Program:
Phyllis Mandel introduced as our speaker today Dr. Bill Mundy, an Economist and a farmer and his wife of nearly 50 years, Maryanne.
 
Dr. Mundy grew up on a farm near Ellensburg, Washington.  He joined the Navy after high school, started his college education at Central Washington then moved to Washington State University to study Hotel and Restaurant Management.  To put himself through school he never gave up his “farmer” side and continued to show, raise, and sell cattle.  On day at a cattle sale a friend said to him, why the Hotel Industry, you should be in Agriculture.  So he switched his major to Agriculture.  His first job was in Denver, Colorado, working for the Western Livestock Journal.  Wanting to be more “hands on,” he decided to apply for some Farm Manager jobs.  He found a job in Green Bay, Wisconsin—he applied for a manager job, but the offered him and Appraiser job, telling him that as soon as a manager job opened he would have that.  While in Green Bay, he met his wife to be at a social club.  He got up the courage to ask her out, but she said no, she was going bicycle riding that day.  He thought about that and said—I will join you…do you have an extra Bicycle?  She said no but pointed out he could probably rent a bike in town.  So he did and 50 years later they are still bicycling together and have done so in many places here and abroad.  Dr. Bill’s next job took him and Maryann to St. Lewis, where the winters were awful, but the summers were even worse.  Maryanne suffered from allergies to ragweed.. Her allergist told her there was only one place in the United States that did not have ragweed and that was the Pacific Northwest—so they moved to Seattle.  He was hired again as an Appraiser.  He decided he did not know enough about Urban Economics, so he decided on a Master’s program at University of Washington.  Weyerhaeuser hired him, but he had trouble with the politics in a large organization, so the then Vice President advised him to create a consulting business (1976) and he did work with Weyerhaeuser for many years as a consultant.  Some of the consultancy business was combining his Appraiser experience, economic background and farming knowledge to assess settlements from environmental “insults.”
 
For example, in 1980 Mt. St. Helen’s blew up.  About half of the land impacted belonged to the Weyerhaeuser company, but it was not valued like it was prior to the eruption of the mountain.    The US Forrest Service and the Parks department wanted to do a land swap with the company.  Dr. Bill Mundy developed an Land Use Plan and created a value for the land swap—Weyerhaeuser accepted and the land use plan is in effect today.
 
Another Project Bill worked on was when the Exxon Valdez ran aground and spiled oil in the Prince William Sound in 1989.  There was one large problem in that a lot of Native people lived a subsistence existence on this land, and much of their food source was destroyed.  It took two years to settle the amount owed in court after a trial (Bill was deposed for 30 days) $287 Billion plus $5 Billion in punitive damages.  Exxon vowed not to pay this and decided to continue to appeal and fight the outcome.  Over twenty years later (2009) the settlement is down to a mere $507.5 Million!  Many people and companies went bankrupt during this time.  In contrast, another story Bill told was about the Union Pacific Railroad in 1991, they owned the right away for many miles along the Sacramento river..  Three RR cars carrying a soil fumigant fell into the river causing a contamination disaster (or insult).  They worked with Dupont who produced the chemical to do a fast and massive cleanup before the fumigant leaked into Lake Shasta and created more damage.  They were responsible about wanting to settle with property owners quickly.  Appraised values were $1.43 Billion—this was settled within months, and UP is working to pay the debt quickly. 
 
Mr. Snappy: $25 gift certificate won by Dennis Cooper and Dan Lehuta won 6 tickets to the PSPH Christmas Forrest event
 
Meeting adjourned: 1:30 by President Jack Belmont