[Lnc-business] Mail Ballot on HQ purchase

[Starchild]

	I vote no. I don't think we have given due consideration to possibility of locating the office somewhere other than Washington D.C., and I don't see anything here about looking for a space with the qualities that I believe we ought to be seeking in an office (activist/community-oriented, high visibility, easy access, etc.)

Love & Liberty,
                                 ((( starchild )))
At-Large Representative, Libertarian National Committee


On Nov 23, 2012, at 7:16 PM, Ruth Bennett wrote:

> Daniel Wiener moves the following:
> 
> 
> Motion to approve the purchase of an office in the greater Washington, D.C. area contingent on the following conditions:
> 
> 	• A minimum of 33% of the purchase price plus build-out 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 loan 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.
> 	• A 2/3 majority of the LNC must approve the specific terms of the purchase contract and loan agreement on an up-or-down vote.
> 	• 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.
> 
> Co-sponsored by Vicki Kirkland, Michael Cloud and Ruth Bennett
> 
> 
> Please respond directly to this email.  Voting is open until DEC 3, 2012 at 11:15 PM EST.
> 
> Thank you!
> 
> Ruth E. Bennett, LNC Secretary
> 
> 
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