[Lnc-business] Revised motion

Sun Nov 25 01:11:21 EST 2012

Norm, there unfortunately was some confusion from the Secretary's emails,
but the motion which garnered four sponsors for an email ballot is shown
below in red bold italics.  This is the correct and final version, and it
is the only motion which has been properly sponsored.  The Bylaws require
that a motion which is sponsored by at least 1/5 of the members of the
committee (i.e., at least four members) be sent out for an electronic mail
ballot.

Dan Wiener

*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.*

On Sat, Nov 24, 2012 at 9:35 PM, Norm Olsen <region1rep at donedad.com> wrote:

> I must suggest that the motion upon which many people seem to be voting on
> is not an official motion.  There are several versions of “this motion”
> which are floating around with this added here, and/or that and something
> else deleted there.  I have no idea as to which of the several versions of
> this motion is that which garnered the appropriate 4 co-sponsors.  I
> suspect that the co-sponsors probably don’t know either.****
>
> ** **
>
> This mayhem is precisely the type of confusion which reigned in December
> of 2011 when the LNC refused to buy a building (in fact a simple majority
> could not be achieved when 2/3’rds was required).  Of course, this failure
> to buy a building was blamed on some adverse “factional conspiracy” acting
> against the true best interests of the party.****
>
> ** **
>
> For God’s sake: If you’re dead set on buying an incredibly expensive
> building, in the most expensive real estate market in the nation, using a
> mail ballot procedure, using a motion which attempts to bind future LNC’s
> to the whims and wishes of this LNC: at least get your homework done before
> you go to school.****
>
> ** **
>
> Norm****
>
> --****
>
> Norman T Olsen****
>
> Regional Representative, Region I****
>
> Libertarian National Committee****
>
> 7931 S Broadway, PMB 102****
>
> Littleton, Colorado  80122-2710****
>
> 303-277-9967****
>
> Norman.Olsen at lp.org****
>
> ** **
>
> "First they ignore you, then they ridicule you, then they fight you, then
> you win." -- Gandhi****
>
> ** **
>
> *From:* Lnc-business [mailto:lnc-business-bounces at hq.lp.org] *On Behalf
> Of *David E. Blau, Esq.
> *Sent:* Saturday, November 24, 2012 2:36 PM
> *To:* lnc-business at hq.lp.org
> *Subject:* Re: [Lnc-business] Revised motion****
>
> ** **
>
> On behalf of Region 5N, I am proud to vote YES on this motion.****
> ------------------------------
>
>
> *David E. Blau, Esq.*
> Chairman, Libertarian Association of Massachusetts. chair at lpmass.org
> Region 5N Alternate, Libertarian National Committee. David.Blau at lp.org
> www.lpmass.org | www.lp.org
> 617.396.4253 ****
>
> On 11/23/2012 11:21 PM, Daniel Wiener wrote:****
>
> The motion shown below is still missing the final paragraph, which reads:*
> ***
>
> *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.*****
>
>
> Therefore, the entire motion is as follows:
>
> ****
>
> *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.*****
>
>
>
> Daniel Wiener****
>
> On Fri, Nov 23, 2012 at 8:01 PM, Ruth Bennett <bennettruthaz at gmail.com>
> wrote:****
>
> Mr. Wiener informs me that I previously sent out an early draft and the
> motion should read as follows:****
>
> *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.*****
>
>  As before, co-sponsors are Vicki Kirkland, Michael Cloud and Ruth Bennett
>
>  Ruth
>
> _______________________________________________
> Lnc-business mailing list
> Lnc-business at hq.lp.org
> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org****
>
>
>
>
>
> ****
>
> _______________________________________________****
>
> Lnc-business mailing list****
>
> Lnc-business at hq.lp.org****
>
> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org****
>
> ** **
>
> _______________________________________________
> Lnc-business mailing list
> Lnc-business at hq.lp.org
> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
>
>
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