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

[Arvin Vohra]

I change my vote to yes. Although I strongly prefer Mark Hinkle's motion,
this is better than leasing.

-Arvin

On Mon, Dec 3, 2012 at 7:49 PM, Dianna Visek <dianna.visek at gmail.com> wrote:

> I vote yes.
>
> Dianna
>
>
>
> On Mon, Nov 26, 2012 at 4:01 AM, Ruth Bennett <bennettruthaz at gmail.com>
> 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.
> >
> >
> > Thank you.
> >
> >
> > Ruth E. Bennett
> >
> >
> >
> >
> > _______________________________________________
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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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>
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