[Lnc-business] December Budget meeting and paying down mortgage

[Caryn Ann Harlos]

Thank you. That is what I am referring to.  This should be a first priority.

On Tue, Oct 18, 2016 at 2:13 PM, Joshua Katz <planning4liberty at gmail.com>
wrote:

> As an addendum on this:  the Policy Manual (in what is known as the Wiener
> Rule, 2.03.17) requires us to budget $60,000 towards the mortgage in
> odd-numbered years.  When the 2015 budget was under discussion, there was
> some discussion about amending or suspending this rule.  We decided against
> it, rightly in my view.  We budgeted $60,000.  Unfortunately, the best I
> can recall what happens, the provision does not require us to actually pay
> that much, just to budget it, and we paid less.  In my view, we should pay
> at least the shortfall from last year this year, in addition to this year's
> required payments.  We may be able to do more, and there may be a case for
> doing so, but at the very least I think we should do what we must to live
> up to the intent of the Wiener Rule.
>
> Joshua A. Katz
> Westbrook CT Planning Commission (L in R seat)
>
> On Tue, Oct 18, 2016 at 1:30 PM, Caryn Ann Harlos <
> carynannharlos at gmail.com> wrote:
>
>> Sam, yes my terminology was imprecise.  I am referring to the Policy
>> Manual payment, not a bank-mandated payment.
>>
>> On Tue, Oct 18, 2016 at 12:22 PM, Sam Goldstein <
>> goldsteinatlarge at gmail.com> wrote:
>>
>>> Caryn Ann,
>>>
>>> I don't know where you got the impression that we missed a balloon
>>> payment on the mortgage.  We have been on time with every mortgage payment
>>> since we bought the office condo.
>>>
>>> I think what you are referring to is a Policy Manual item that says we
>>> should make an effort in non-election years to pay a significant amount
>>> over the mortgage payment to decrease the principal balance.  There is a
>>> balloon payment due at the end of the current mortgage, which I think was
>>> for 10 years.  Hopefully it will be paid off before then so we won't have
>>> to refinance.
>>>
>>>
>>>
>>> Sam Goldstein
>>> Libertarian National Committee
>>> Member at Large
>>> 8925 N Meridian St, Ste 101
>>> Indianapolis IN 46260
>>> 317-850-0726 Phone
>>> 317-582-1773 Fax
>>>
>>> On Tue, Oct 18, 2016 at 12:56 PM, Caryn Ann Harlos <
>>> carynannharlos at gmail.com> wrote:
>>>
>>>> A member asked me to write to followup on the earlier suggestion that
>>>> we use some of our success in fundraising this year to pay down the
>>>> mortgage.
>>>>
>>>> Can someone post a brief summary of where we are with this mortgage
>>>> presently or where I can find that information myself, including details on
>>>> the prior missed balloon payment?
>>>>
>>>> --
>>>> *In Liberty,*
>>>> *Caryn Ann Harlos*
>>>> Region 1 Representative, Libertarian National Committee (Alaska,
>>>> Arizona, Colorado, Hawaii, Kansas, Montana, Utah, Wyoming, Washington) - Caryn.Ann.
>>>> Harlos at LP.org <Caryn.Ann.Harlos at LP.org>
>>>> Communications Director, Libertarian Party of Colorado
>>>> <http://www.lpcolorado.org>
>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
>>>> <http://www.lpradicalcaucus.org>
>>>>
>>>>
>>>>
>>>>
>>>>
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>>>>
>>>>
>>>
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>>>
>>
>>
>> --
>> *In Liberty,*
>> *Caryn Ann Harlos*
>> Region 1 Representative, Libertarian National Committee (Alaska,
>> Arizona, Colorado, Hawaii, Kansas, Montana, Utah, Wyoming, Washington) - Caryn.Ann.
>> Harlos at LP.org <Caryn.Ann.Harlos at LP.org>
>> Communications Director, Libertarian Party of Colorado
>> <http://www.lpcolorado.org>
>> Colorado State Coordinator, Libertarian Party Radical Caucus
>> <http://www.lpradicalcaucus.org>
>>
>>
>>
>>
>>
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>> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
>>
>>
>
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>
>


-- 
*In Liberty,*
*Caryn Ann Harlos*
Region 1 Representative, Libertarian National Committee (Alaska, Arizona,
Colorado, Hawaii, Kansas, Montana, Utah, Wyoming, Washington) - Caryn.Ann.
Harlos at LP.org <Caryn.Ann.Harlos at LP.org>
Communications Director, Libertarian Party of Colorado
<http://www.lpcolorado.org>
Colorado State Coordinator, Libertarian Party Radical Caucus
<http://www.lpradicalcaucus.org>
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