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

[Vicki Kirkland]

I vote Yes.
Vicki Kirkland



On Mon, Nov 26, 2012 at 12:25 PM, Dave Blau <blau.liberty at gmail.com> wrote:

> 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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>> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
>>
>>
>
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>
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