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

[James Lark]

Dear colleagues:

     I hope all is well with you.  I am writing in my capacity as Region 
5S representative to vote "aye" on the motion.

     As always, thanks for your work for liberty.

     Take care,
     Jim

     James W. Lark, III
     Advisor, The Liberty Coalition
     University of Virginia

     Region 5S Representative, Libertarian National Committee
-----

On 11/26/2012 5:01 AM, Ruth Bennett 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
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