[Lnc-business] Revised motion
Norm Olsen
region1rep at doneDad.com
Sun Nov 25 10:39:37 EST 2012
When such is sent out by the Secretary with the appropriate language
regarding "we have a motion" and "your vote must be made before" THEN we
will have a motion.
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
Daniel Wiener
Sent: Saturday, November 24, 2012 11:11 PM
To: lnc-business at hq.lp.org
Subject: Re: [Lnc-business] Revised motion
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
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