[Lnc-business] Email Ballot on Purchasing an Office by Daniel Wiener

[Dave Blau]

I vote AYE on behalf of Region 5N.


On Mon, Nov 26, 2012 at 11:38 AM, Scott L. <scott73 at earthlink.net> 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”****
>
> ** **
>
> ** **
>
> I vote No.****
>
>
>   Scott Lieberman****
>
> _______________________________________________
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> Lnc-business at hq.lp.org
> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
>
>
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