[Lnc-business] Status of Email Ballot on Purchasing an Office

[Daniel Wiener]

*VOTE STATUS UPDATE*

Since there has been some confusion on this email ballot due to earlier
incorrect versions, I thought it would be a good idea for me to summarize
the current status.


   - The final, accurate version of the motion is shown below in *bold red
   italics*.
   - We are now five days into the ten-day voting period for this motion.
   - Voting YES so far are LNC members Daniel Wiener, Geoffrey Neale, and
   Vicki Kirkland, as well as LNC alternates David Blau, and Paulie Frankel.
   - Voting NO so far are LNC members Norm Olsen and Starchild, as well as
   LNC alternates Scott Lieberman and Sam Goldstein.
   - To my knowledge, the following LNC members and alternates have not yet
   voted: Lee Wrights, Tim Hagan, Ruth Bennett, Michael Cloud, Mark Hinkle,
   Bill Redpath, Arvin Vohra, Tony Ryan, Richard Schrade, Jillian Mack, Brett
   Pojunis, Audrey Capozzi, Richard Tomasso, James Lark, Scott Spencer, Dianna
   Visek, Michael Knebel, and John Jay Mayers.


If any of the above is incorrect, please let us all know.  There have been
numerous threads on both LNC-Business and LNC-Discuss which have made it
difficult to locate all of the votes.

If you still need to vote, I recommend replying to this email (which is on
the LNC-Business list) to make it easier to track.  And remember to keep
discussions regarding the merits of this motion on the LNC-Discuss list.

Daniel Wiener

On Mon, Nov 26, 2012 at 2:01 AM, Ruth Bennett <bennettruthaz at gmail.com>wrote:

> Since there seems to be some confusion, let's try this again:
>
> Daniel Wiener makes the following motion:
>
>
> *Moved, that the LNC approve the purchase of an office in the greater
> Washington, D.C. area, to be named in honor of David Nolan, contingent on
> the following conditions:*
>
> *
> *
>
>    - *A minimum of $400,000 shall be raised from dedicated contributions.
>    If a portion of that is in the form of pledges, the pledges must be
>    converted to cash before a purchase contract and mortgage agreement are
>    finalized.*
>    - *Any loan must be based on a minimum of a 30% down payment and a
>    loan with options extending for a minimum of 10 years before a final
>    balloon payment becomes due.*
>    - *The most recent financial statement reported unrestricted general
>    fund balance must exceed $167,000 before a purchase contract and loan
>    agreement are finalized.*
>    - *Additional payments towards the principal loan balance of at least
>    $60,000 per year above the minimum loan requirement must be made, with this
>    requirement structured in such a way that future LNC bodies cannot easily
>    circumvent it.  These payments shall be in the form of an additional
>    $5,000 per month paid out of the general fund, but reimbursable from
>    dedicated building fund contributions.*
>
> *This motion will constitute authority to incur a mortgage if the above
> conditions are met and if this motion passes by the necessary two-thirds
> vote as specified in the Libertarian Party’s Bylaws.*
>
>
> This motion is co-sponsored by Vicki Kirkland, Michael Cloud and Ruth
> Bennett
>
>
> Voting is for 10 days so will end at 5AM EST on December 5, 2012.
>
>
> Please respond directly to this email.
>
>
> Thank you.
>
>
> Ruth E. Bennett
>
> *
> *
>
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