[Lnc-business] Added Mortgage Payment

[Caryn Ann Harlos]

Okay that's what I thought.  Yet I think the argument can still be made
that we should have the right to put where we wish - but yes, a strategic
legal question.

Not one I am sure is worth blowing a ton of interest on if this is the only
way to get principle  paid down.

On Tuesday, November 29, 2016, Nicholas Sarwark <chair at lp.org> wrote:

> We are suing the Federal government over the limitations on how much
> we can take from a bequest in a particular year.  One of their
> arguments is that we could take more if we put it into their special
> segregated accounts (building, convention, and legal); we have argued
> that we want it for operating funds to do political work, not to put
> it in a special bucket.
>
> -Nick
>
> On Tue, Nov 29, 2016 at 12:45 PM, Caryn Ann Harlos
> <carynannharlos at gmail.com> wrote:
> > Details? I know tangentially what you mean but not fully.
> >
> >
> > On Tuesday, November 29, 2016, Nicholas Sarwark <chair at lp.org> wrote:
> >>
> >> Drawing money from the current bequest into any account other than the
> >> operating account may have a negative impact on pending Federal
> >> litigation.
> >>
> >> -Nick
> >>
> >> On Tue, Nov 29, 2016 at 12:00 PM, Caryn Ann Harlos
> >> <carynannharlos at gmail.com> wrote:
> >> > My suggestion though would require paying the 105K (approx) during one
> >> > year
> >> > (this one most likely) and then having the re-set for what we can draw
> >> > from
> >> > the bequest next year.
> >> >
> >> > Basically I am suggesting taking full advantage of what we can get
> from
> >> > the
> >> > bequest to put towards this.
> >> >
> >> > This would seem to satisfy a lot of issues.
> >> >
> >> > Again, not saying I support but it is an alternative I thought about.
> It
> >> > seems (?) everyone is in agreement on the make-up we need to do from
> the
> >> > 2015 shortfall.  And it seems like there might (?) be agreement on the
> >> > 105K
> >> > from the bequest.
> >> >
> >> > --
> >> > 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
> >> > Communications Director, Libertarian Party of Colorado
> >> > Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >
> >> >
> >> > On Tue, Nov 29, 2016 at 11:51 AM, Joshua Katz
> >> > <planning4liberty at gmail.com>
> >> > wrote:
> >> >>
> >> >> I have been a dissenting voice as well.  I am inclined to be positive
> >> >> towards this suggestion, but I don't want to commit myself without
> more
> >> >> time
> >> >> to think.  However, I stand by my desire to take it up after the
> >> >> budget, at
> >> >> which point it is possible I'd favor a larger amount than this.
> >> >>
> >> >> Joshua A. Katz
> >> >>
> >> >>
> >> >> On Tue, Nov 29, 2016 at 12:23 PM, Caryn Ann Harlos
> >> >> <carynannharlos at gmail.com> wrote:
> >> >>>
> >> >>> Ken, I have been doing some thinking, and while I am not saying I
> >> >>> support
> >> >>> what I am about to say, I don't oppose it, and IF there is some
> >> >>> compromise
> >> >>> position (though with all due respect - when you say to satisfy the
> >> >>> desires
> >> >>> of some LNC members - you so far have been the only dissenting voice
> >> >>> and are
> >> >>> an alternate - we do not yet know what your regional representative
> >> >>> thinks
> >> >>> on the issue), using round numbers, this one:
> >> >>>
> >> >>> We shorted 2015 by about 40K.
> >> >>> We have about 105K that we can take from the bequest that would not
> >> >>> otherwise be accessible.
> >> >>>
> >> >>> That puts us at roughly 145K which would be satisfying our prior
> >> >>> obligation AND accessing money that is not coming from any other
> line
> >> >>> item
> >> >>> next year (thus not shorting any other project).
> >> >>>
> >> >>> So we were proposing paying another 55K.  If we did that, we could
> not
> >> >>> make any further Wiener rule payments and still pay off early with
> no
> >> >>> balloon.
> >> >>>
> >> >>> We could allot this 55K, not as an extra "payment" but as the 2017
> >> >>> Wiener
> >> >>> rule payment which we *already have to pay* if we are going to be
> >> >>> compliant.
> >> >>> And we would be making an extra payment this year - only it is
> coming
> >> >>> out of
> >> >>> the bequest.
> >> >>> So that is a 205K payment in 2017 which does not take away from
> >> >>> anything
> >> >>> else in extra payment.  And we would still be committed to the
> Wiener
> >> >>> rule
> >> >>> payment in 2019.
> >> >>>
> >> >>> This is basically getting back to Sam's original proposal of $150K.
> >> >>> That
> >> >>> is the minimum I would accept in light of this information.  We are
> >> >>> obligation to do a 60K payment in 2017 - what is at issue is whether
> >> >>> we do
> >> >>> an "additional" 60K payment.  But we could even perhaps do that -
> >> >>> depending
> >> >>> on how the bequest rules are- we could make the 105K building fund
> >> >>> this year
> >> >>> and exhaust the Bequest in the next year and use that generous
> donor's
> >> >>> money
> >> >>> to get us more quickly out of this.  AND still fund-raise to make
> >> >>> additional
> >> >>> payments.
> >> >>>
> >> >>> And this does not keep us from having funds for other projects.
> >> >>>
> >> >>> I am not saying this is what I support but this is a reasonable
> path.
> >> >>>
> >> >>> --
> >> >>> 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
> >> >>> Communications Director, Libertarian Party of Colorado
> >> >>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>
> >> >>>
> >> >>>
> >> >>>
> >> >>> On Mon, Nov 28, 2016 at 9:25 PM, Caryn Ann Harlos
> >> >>> <carynannharlos at gmail.com> wrote:
> >> >>>>
> >> >>>> If people were looking for that amortization worksheet Daniel
> Wiener
> >> >>>> referenced, I dug it out of the LNC archives and attach it here.
> >> >>>>
> >> >>>> --
> >> >>>> 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
> >> >>>> Communications Director, Libertarian Party of Colorado
> >> >>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>
> >> >>>> On Mon, Nov 28, 2016 at 8:02 AM, Caryn Ann Harlos
> >> >>>> <carynannharlos at gmail.com> wrote:
> >> >>>>>
> >> >>>>> I have stated my position.  And assuming no earth-shattering new
> >> >>>>> information or argument, how I intend to vote.  Rationale already
> >> >>>>> given.  I
> >> >>>>> have other motions and items that require my present attention.
> >> >>>>>
> >> >>>>> On Monday, November 28, 2016, Ken Moellman <ken.moellman at lpky.org
> >
> >> >>>>> wrote:
> >> >>>>>>
> >> >>>>>>
> >> >>>>>>
> >> >>>>>> Our Policy Manual also encourages specific fundraising for that
> >> >>>>>> purpose, in the same section that creates the minimums and
> creates
> >> >>>>>> priority.
> >> >>>>>>
> >> >>>>>> "It shall be the goal of the LNC to completely pay off the office
> >> >>>>>> mortgage as quickly as possible, and in any case prior to the due
> >> >>>>>> date of
> >> >>>>>> the 10-year balloon payment. Towards that end the LNC shall
> budget
> >> >>>>>> a minimum
> >> >>>>>> of $60,000 in each odd-numbered year to pay down the principal
> >> >>>>>> until the
> >> >>>>>> mortgage balance is zero. Fundraising for this specific purpose
> >> >>>>>> shall be
> >> >>>>>> made a high priority. This provision does not preclude additional
> >> >>>>>> fundraising and prepayments in even-numbered years. " (emphasis
> >> >>>>>> added)
> >> >>>>>>
> >> >>>>>> The Policy Manual specifically requires that we give high
> priority
> >> >>>>>> to
> >> >>>>>> raising money specifically to pay off the building.  Have we done
> >> >>>>>> so this
> >> >>>>>> year? Do we have a plan to do so next year?
> >> >>>>>>
> >> >>>>>> The particular section specifically mentions specific fundraising
> >> >>>>>> twice. While I think it is a reasonable assumption, based on the
> >> >>>>>> wording in
> >> >>>>>> the manual, that a 1-for-1 match would be sufficient, I proposed
> a
> >> >>>>>> 2-for-1
> >> >>>>>> because I do think it's important to pay down the mortgage and
> felt
> >> >>>>>> it might
> >> >>>>>> be an acceptable compromise.
> >> >>>>>>
> >> >>>>>> If we can create some priority - staff should exist - then we've
> >> >>>>>> already established that there's a balance to be struck.  With
> that
> >> >>>>>> established, I believe that we can best comply with the Policy
> >> >>>>>> Manual and
> >> >>>>>> with the desires of multiple LNC members by having the 2-for-1
> >> >>>>>> matching
> >> >>>>>> scenario.
> >> >>>>>>
> >> >>>>>> And if the membership wants this to be a high-priority project,
> >> >>>>>> then
> >> >>>>>> certainly they would put their money specifically toward that
> >> >>>>>> effort, would
> >> >>>>>> they not?
> >> >>>>>>
> >> >>>>>> ---
> >> >>>>>>
> >> >>>>>> Ken C. Moellman, Jr.
> >> >>>>>> LNC Region 3 Alternate Representative
> >> >>>>>> LPKY Judicial Committee
> >> >>>>>>
> >> >>>>>>
> >> >>>>>>
> >> >>>>>> On 2016-11-28 09:10, Caryn Ann Harlos wrote:
> >> >>>>>>
> >> >>>>>> No it doesn't.  We have the 100K from the bequest that isn't part
> >> >>>>>> of
> >> >>>>>> our fundraising windfall.  We have the deficit from the last
> >> >>>>>> payment to
> >> >>>>>> catch up- putting us st around 150K.  Our policy manual - urges
> us-
> >> >>>>>> on our
> >> >>>>>> own- to get ahead.  Putting the extra amount ahead is what is
> >> >>>>>> reasonable and
> >> >>>>>> what I will be supporting.
> >> >>>>>>
> >> >>>>>>
> >> >>>>>> No one has suggested there is not money for other things and this
> >> >>>>>> insures saved money for other things.  We can do a fundraiser
> next
> >> >>>>>> year with
> >> >>>>>> our fiscally responsible choice in Dec as a selling point
> >> >>>>>> centerpiece.
> >> >>>>>>
> >> >>>>>>
> >> >>>>>>
> >> >>>>>> --
> >> >>>>>> 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
> >> >>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>>>
> >> >>>>>>
> >> >>>>>>
> >> >>>>>>
> >> >>>>>>
> >> >>>>>>
> >> >>>>>> --
> >> >>>>>> 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
> >> >>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>>>
> >> >>>>>>
> >> >>>>>>
> >> >>>>>>
> >> >>>>>> On Monday, November 28, 2016, Ken Moellman <
> ken.moellman at lpky.org>
> >> >>>>>> wrote:
> >> >>>>>>>
> >> >>>>>>>
> >> >>>>>>>
> >> >>>>>>> I guess it depends on who your target audience is.  When I walk
> >> >>>>>>> into
> >> >>>>>>> a shop and their IT infrastructure is a decade old, my immediate
> >> >>>>>>> thought is
> >> >>>>>>> that the company doesn't have their priorities in order.
> >> >>>>>>> Certainly, I'm
> >> >>>>>>> biased in that regard.  Smaller manufacturing businesses are
> >> >>>>>>> notorious from
> >> >>>>>>> being way out of date.
> >> >>>>>>>
> >> >>>>>>> The Democratic Party provides websites for their candidates for
> a
> >> >>>>>>> nominal fee. Why?  Because that way campaigns can focus on
> issues
> >> >>>>>>> and real
> >> >>>>>>> politicking, not spending excessive amounts of time on
> back-office
> >> >>>>>>> work.
> >> >>>>>>> They're out knocking on doors and building their base.
> >> >>>>>>>
> >> >>>>>>> The Republican Party, through the Kochs, is building a massive
> >> >>>>>>> database of voters for their Big Data project. Why?  Because
> that
> >> >>>>>>> way they
> >> >>>>>>> know what issues drive voters. They can micro-target messaging,
> >> >>>>>>> making their
> >> >>>>>>> outreach and GOTV more efficient.
> >> >>>>>>>
> >> >>>>>>> The Libertarian Party currently has a mailing list that sends
> >> >>>>>>> everything to a Google list so that people can subscribe to the
> >> >>>>>>> Google list
> >> >>>>>>> to watch.
> >> >>>>>>>
> >> >>>>>>> If we are to appeal to the Millenial generation, we can't be
> >> >>>>>>> running
> >> >>>>>>> on a 286 in a basement.  Once upon a time, the LP was ahead of
> the
> >> >>>>>>> game when
> >> >>>>>>> it came to technology.  We have stagnated and let our
> competition
> >> >>>>>>> overtake
> >> >>>>>>> us. If our primary political opponents are crushing us on the
> >> >>>>>>> phones and at
> >> >>>>>>> the door, how do we ever expect to win?
> >> >>>>>>>
> >> >>>>>>> When I became chair of LPKY in 2007, we had no IT
> infrastructure.
> >> >>>>>>> We
> >> >>>>>>> had a website that was put in place by the previous chair, that
> >> >>>>>>> cost too
> >> >>>>>>> much money, was poorly organized, and didn't do the job.
> >> >>>>>>> Thankfully, the
> >> >>>>>>> situation isn't exactly parallel - while there are problems, we
> >> >>>>>>> don't have
> >> >>>>>>> to start over from scratch. But it will take time and investment
> >> >>>>>>> to get the
> >> >>>>>>> website to where it needs to be. That will happen.  Likewise,
> >> >>>>>>> other parts of
> >> >>>>>>> our operation need to have similar focus.
> >> >>>>>>>
> >> >>>>>>> I'm all about paying down debt. I absolutely love it,
> >> >>>>>>> conceptually. I
> >> >>>>>>> just don't want to see us cripple the party in 2017 in order to
> >> >>>>>>> achieve the
> >> >>>>>>> goal of paying off that debt.
> >> >>>>>>>
> >> >>>>>>> So here's what I'd propose, if we want to put over $200K toward
> >> >>>>>>> the
> >> >>>>>>> mortgage. Let's do a 2-for-1 donation match. We put $60K in the
> >> >>>>>>> budget, as
> >> >>>>>>> required. Subtracted from the proposed $207,500, that leaves
> >> >>>>>>> $147,500. For
> >> >>>>>>> ease of numbers, let's round that up to $50,000.  So, if we can
> >> >>>>>>> raise
> >> >>>>>>> $50,000 specifically for paying off the building, we will put
> >> >>>>>>> $100,000 as
> >> >>>>>>> the match.  Let's let our membership determine the projects on
> >> >>>>>>> which they
> >> >>>>>>> want us to spend the money.
> >> >>>>>>>
> >> >>>>>>> Does that seem reasonable?
> >> >>>>>>>
> >> >>>>>>> ---
> >> >>>>>>>
> >> >>>>>>> Ken C. Moellman, Jr.
> >> >>>>>>> LNC Region 3 Alternate Representative
> >> >>>>>>> LPKY Judicial Committee
> >> >>>>>>>
> >> >>>>>>>
> >> >>>>>>>
> >> >>>>>>> On 2016-11-28 08:31, Caryn Ann Harlos wrote:
> >> >>>>>>>
> >> >>>>>>> I would further note- if we make this payment now and make NO
> >> >>>>>>> additional payments (which I do not support) because the 60k is
> >> >>>>>>> needed next
> >> >>>>>>> year (odd numbered year) - we will have freed future
> Libertarians
> >> >>>>>>> from the
> >> >>>>>>> balloon payment AND an amount in interest that would pay a good
> >> >>>>>>> chunk of a
> >> >>>>>>> ballot access drive.  In every scenario, this is the right
> choice.
> >> >>>>>>> And we
> >> >>>>>>> would have only two more policy manual extra payments - 2017 and
> >> >>>>>>> 2019- and
> >> >>>>>>> the mortgage would be paid in full just by the 2020 election- a
> >> >>>>>>> fantastic
> >> >>>>>>> example for others.  We will have set up the next LNC for
> success.
> >> >>>>>>>
> >> >>>>>>>
> >> >>>>>>> And our fiscal responsibility can be used in our new member
> >> >>>>>>> retention
> >> >>>>>>> program as they can trust we are wise with funds.
> >> >>>>>>>
> >> >>>>>>> --
> >> >>>>>>> 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
> >> >>>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>>>>
> >> >>>>>>>
> >> >>>>>>>
> >> >>>>>>>
> >> >>>>>>> On Monday, November 28, 2016, Caryn Ann Harlos
> >> >>>>>>> <carynannharlos at gmail.com> wrote:
> >> >>>>>>>>
> >> >>>>>>>> There is no proposal to spend "all" of the discretionary
> monies.
> >> >>>>>>>>
> >> >>>>>>>> And Hagan pointed out this is a way we can have access to the
> >> >>>>>>>> bulk
> >> >>>>>>>> of a bequest that the donor certainly wished we had access to.
> >> >>>>>>>>
> >> >>>>>>>> The bequest money isn't available in that amount now for this
> OR
> >> >>>>>>>> that.  It is available for this.
> >> >>>>>>>>
> >> >>>>>>>> Hagan's last option is the most prudent and responsible and
> does
> >> >>>>>>>> not
> >> >>>>>>>> require anything like an "all" scenario and doesn't burden the
> >> >>>>>>>> next decade
> >> >>>>>>>> of Libertarians with interest that the policy manual urged us
> to
> >> >>>>>>>> avoid in
> >> >>>>>>>> making more than the 60K extra- and here with the bequest we
> have
> >> >>>>>>>> the
> >> >>>>>>>> opportunity to access over 100K and have an unexpected windfall
> >> >>>>>>>> in new
> >> >>>>>>>> members.
> >> >>>>>>>>
> >> >>>>>>>> If any other priority is given as well - new member retention
> >> >>>>>>>> must
> >> >>>>>>>> be up there as mentioned in emails leading up to the Sept
> >> >>>>>>>> meeting.
> >> >>>>>>>>
> >> >>>>>>>> As for the website - well members were told that in 2006 too,
> and
> >> >>>>>>>> that data is still waiting.
> >> >>>>>>>>
> >> >>>>>>>> --
> >> >>>>>>>> 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
> >> >>>>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>>>>>
> >> >>>>>>>>
> >> >>>>>>>>
> >> >>>>>>>>
> >> >>>>>>>> On Monday, November 28, 2016, Ken Moellman
> >> >>>>>>>> <ken.moellman at lpky.org>
> >> >>>>>>>> wrote:
> >> >>>>>>>>>
> >> >>>>>>>>>
> >> >>>>>>>>>
> >> >>>>>>>>> My goal isn't to pull something over on people.  If nothing
> >> >>>>>>>>> else,
> >> >>>>>>>>> know that I am open with my personal thoughts on matters -- as
> >> >>>>>>>>> you may have
> >> >>>>>>>>> noticed -- and I'm not trying to hide anything. I'm a
> >> >>>>>>>>> Libertarian; I don't
> >> >>>>>>>>> believe in using force or fraud.
> >> >>>>>>>>>
> >> >>>>>>>>> There are other IT issues beyond the website that I dare not
> >> >>>>>>>>> mention on a public list; things that range from embarrassing
> to
> >> >>>>>>>>> disabling.
> >> >>>>>>>>> I'll be more than happy to discuss these issues in person in
> >> >>>>>>>>> December.
> >> >>>>>>>>>
> >> >>>>>>>>> The new IT committee is taking over from a previous committee
> >> >>>>>>>>> with
> >> >>>>>>>>> an entirely different personnel makeup.  The new IT Committee,
> >> >>>>>>>>> such as it
> >> >>>>>>>>> exists at the moment, is far from ignoring the calls for
> repairs
> >> >>>>>>>>> and changes
> >> >>>>>>>>> to the website. This is a priority of everyone involved.  This
> >> >>>>>>>>> is currently
> >> >>>>>>>>> being done under staff direction, and they are working on it.
> >> >>>>>>>>> The website
> >> >>>>>>>>> continues to be populated with important information, and will
> >> >>>>>>>>> continue to
> >> >>>>>>>>> evolve and have more information added/returned, in addition
> to
> >> >>>>>>>>> other
> >> >>>>>>>>> important website changes. (Ironically, I was trying to find
> out
> >> >>>>>>>>> exactly
> >> >>>>>>>>> when the building was purchased and couldn't because that
> >> >>>>>>>>> information wasn't
> >> >>>>>>>>> brought over. Heh.)  In sum, the website will get fixed to the
> >> >>>>>>>>> best of our
> >> >>>>>>>>> ability.
> >> >>>>>>>>>
> >> >>>>>>>>> But if all the discretionary income gets spent on the mortgage
> >> >>>>>>>>> (which is not the worst way to spend it) then there won't be
> an
> >> >>>>>>>>> opportunity
> >> >>>>>>>>> to get other fixes in place.  And that's just IT.  I know
> there
> >> >>>>>>>>> are Ballot
> >> >>>>>>>>> Access drives in our future in 2017 - Arkansas and Ohio,
> >> >>>>>>>>> specifically - and
> >> >>>>>>>>> those won't be cheap.  Arkansas will be about $37,500 and Ohio
> >> >>>>>>>>> will be about
> >> >>>>>>>>> $255,000, based on 2016 validity rates and assuming no
> volunteer
> >> >>>>>>>>> signatures
> >> >>>>>>>>> or other sources of funding (which there will be, of course).
> >> >>>>>>>>>
> >> >>>>>>>>> In my opinion, we need to really leverage 2016 to get a
> >> >>>>>>>>> record-breaking amount of fundraising in the "after-year".
> >> >>>>>>>>>
> >> >>>>>>>>> ---
> >> >>>>>>>>>
> >> >>>>>>>>> Ken C. Moellman, Jr.
> >> >>>>>>>>> LNC Region 3 Alternate Representative
> >> >>>>>>>>> LPKY Judicial Committee
> >> >>>>>>>>>
> >> >>>>>>>>>
> >> >>>>>>>>>
> >> >>>>>>>>> On 2016-11-27 23:26, Caryn Ann Harlos wrote:
> >> >>>>>>>>>
> >> >>>>>>>>> Now that wasn't the entirety of my argument, but I am not
> >> >>>>>>>>> getting
> >> >>>>>>>>> into another LNC spitting match.  Interested members and
> readers
> >> >>>>>>>>> can go
> >> >>>>>>>>> through my comments and see what I said- the policy manual
> was a
> >> >>>>>>>>> big part,
> >> >>>>>>>>> but a part and not the entirety.  It is indeed less out of
> date
> >> >>>>>>>>> then than
> >> >>>>>>>>> now.  And something obviously know as the passage of time and
> >> >>>>>>>>> aging is a
> >> >>>>>>>>> known quantity.  As is debt and interest, something
> Libertarians
> >> >>>>>>>>> are
> >> >>>>>>>>> supposed to model fiscal responsibilities for.  And having not
> >> >>>>>>>>> transferred
> >> >>>>>>>>> 83% of our data certainly will look to our members like
> throwing
> >> >>>>>>>>> good money
> >> >>>>>>>>> after bad.
> >> >>>>>>>>>
> >> >>>>>>>>> This is selling the members a bill of goods.  Just like they
> are
> >> >>>>>>>>> suspecting on the website data loss.  We have not inspired
> >> >>>>>>>>> confidence, and I
> >> >>>>>>>>> am not about to vote to further sell our word down the river.
> >> >>>>>>>>> The
> >> >>>>>>>>> ludicruousness of the proposition that a reading would mean to
> >> >>>>>>>>> fire staff if
> >> >>>>>>>>> my reading that surpluses need to be given priority there is
> as
> >> >>>>>>>>> self-evident
> >> >>>>>>>>> to me as the idea that we also do not need to sell ourselves
> >> >>>>>>>>> into slavery as
> >> >>>>>>>>> committee persons.  If it is not self-evident, then the sky
> is a
> >> >>>>>>>>> different
> >> >>>>>>>>> colour in my world.
> >> >>>>>>>>>
> >> >>>>>>>>> With the data loss (more accurately lack of transfer - and
> there
> >> >>>>>>>>> is
> >> >>>>>>>>> still a folfer of files from the 2006 site that were supposed
> to
> >> >>>>>>>>> be restored
> >> >>>>>>>>> and not) and what I and enough others see as mismanagement of
> >> >>>>>>>>> the website
> >> >>>>>>>>> transfer, if I were an affiliate, I would not be entrusting my
> >> >>>>>>>>> affiliate's
> >> >>>>>>>>> email to a natonal-provided service.  Let's get the website
> >> >>>>>>>>> straightened out
> >> >>>>>>>>> and then perhaps other investments will be in order.
> >> >>>>>>>>>
> >> >>>>>>>>> And certainly that is not a bigger priority than already
> >> >>>>>>>>> incurred
> >> >>>>>>>>> debt.  There is ALWAYS something great to spend money on.  We
> >> >>>>>>>>> are selling
> >> >>>>>>>>> the efforts of future Libertarians just like our country is
> >> >>>>>>>>> selling the
> >> >>>>>>>>> future of today's children.  No.  I will not do that.  If we
> >> >>>>>>>>> can't elimiante
> >> >>>>>>>>> our own debt we have zero business thinking we can tell others
> >> >>>>>>>>> that is how
> >> >>>>>>>>> they have to live.
> >> >>>>>>>>>
> >> >>>>>>>>> --
> >> >>>>>>>>> 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
> >> >>>>>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>>>>>>
> >> >>>>>>>>> On Sun, Nov 27, 2016 at 9:13 PM, Ken Moellman
> >> >>>>>>>>> <ken.moellman at lpky.org> wrote:
> >> >>>>>>>>>>
> >> >>>>>>>>>> My contention is that there may be other priorities upon
> which
> >> >>>>>>>>>> a
> >> >>>>>>>>>> portion of the proposed $207,500 spending on the office
> >> >>>>>>>>>> mortgage should be
> >> >>>>>>>>>> spent. I included the examples of Ballot Access and IT
> >> >>>>>>>>>> Infrastructure.
> >> >>>>>>>>>>
> >> >>>>>>>>>> Your contention is that the priority must be given to the
> >> >>>>>>>>>> paying
> >> >>>>>>>>>> off of the mortgage, because the Policy Manual says so.
> >> >>>>>>>>>>
> >> >>>>>>>>>> The Policy Manual states in Section 2.03.17:
> >> >>>>>>>>>>
> >> >>>>>>>>>> "It shall be the goal of the LNC to completely pay off the
> >> >>>>>>>>>> office
> >> >>>>>>>>>> mortgage as quickly as possible, and in any case prior to the
> >> >>>>>>>>>> due date of
> >> >>>>>>>>>> the 10-year balloon payment. Towards that end the LNC shall
> >> >>>>>>>>>> budget a minimum
> >> >>>>>>>>>> of $60,000 in each odd-numbered year to pay down the
> principal
> >> >>>>>>>>>> until the
> >> >>>>>>>>>> mortgage balance is zero. Fundraising for this specific
> purpose
> >> >>>>>>>>>> shall be
> >> >>>>>>>>>> made a high priority. This provision does not preclude
> >> >>>>>>>>>> additional
> >> >>>>>>>>>> fundraising and prepayments in even-numbered years. "
> >> >>>>>>>>>> (emphasis added)
> >> >>>>>>>>>>
> >> >>>>>>>>>> The portion of the policy manual highlighted above seems to
> be
> >> >>>>>>>>>> that to which you reference when you made your statement.
> >> >>>>>>>>>>
> >> >>>>>>>>>> Additionally, you state that you are unwilling to give higher
> >> >>>>>>>>>> priority to the IT Infrastructure, stating that the
> >> >>>>>>>>>> infrastructure was a
> >> >>>>>>>>>> decade old when the building was purchased.
> >> >>>>>>>>>>
> >> >>>>>>>>>> First, the infrastructure was less out-of-date than it is
> now.
> >> >>>>>>>>>> It
> >> >>>>>>>>>> continues to get further and further out of date.  We
> continue
> >> >>>>>>>>>> to use hacks
> >> >>>>>>>>>> and other non-standard practices to accomplish goals with the
> >> >>>>>>>>>> existing
> >> >>>>>>>>>> infrastructure, rather than upgrade.  There is a real cost to
> >> >>>>>>>>>> this.
> >> >>>>>>>>>> LPedia's decay is an easy example of what happens when things
> >> >>>>>>>>>> don't get
> >> >>>>>>>>>> upgraded - upgrading MediaWiki to a newer version is
> incredibly
> >> >>>>>>>>>> painful at
> >> >>>>>>>>>> this point.
> >> >>>>>>>>>>
> >> >>>>>>>>>> Second, IT infrastructure upgrades would actually make staff
> >> >>>>>>>>>> and
> >> >>>>>>>>>> affiliate parties more productive. Imagine if LP National
> >> >>>>>>>>>> could, as part of
> >> >>>>>>>>>> a broader upgrade, provide basic services to affiliate
> parties
> >> >>>>>>>>>> such as email
> >> >>>>>>>>>> services. Instead of 52 organizations all trying to figure
> out
> >> >>>>>>>>>> how to manage
> >> >>>>>>>>>> email, we could upgrade National's email infrastructure and
> >> >>>>>>>>>> provide email
> >> >>>>>>>>>> services to all 51 affiliates.
> >> >>>>>>>>>>
> >> >>>>>>>>>> Third, there are real security issues that do need to be
> >> >>>>>>>>>> addressed.  There are security patches released almost every
> >> >>>>>>>>>> single day.
> >> >>>>>>>>>> We're approximately 3000 days behind on security patches on a
> >> >>>>>>>>>> few pieces of
> >> >>>>>>>>>> our infrastructure.
> >> >>>>>>>>>>
> >> >>>>>>>>>> Now, if we are to forgo some projects with clear benefits,
> like
> >> >>>>>>>>>> IT
> >> >>>>>>>>>> Infrastructure improvements, because the Policy Manual tells
> us
> >> >>>>>>>>>> we must pay
> >> >>>>>>>>>> down the mortgage before all other things, then what is
> >> >>>>>>>>>> ludicrous with
> >> >>>>>>>>>> suggesting using the staff budget for further paying down the
> >> >>>>>>>>>> mortgage?
> >> >>>>>>>>>>
> >> >>>>>>>>>> Certainly, I think it's a bad idea.  But I also think
> foregoing
> >> >>>>>>>>>> other important tasks in favor of paying down the mortgage is
> >> >>>>>>>>>> also a bad
> >> >>>>>>>>>> idea.
> >> >>>>>>>>>>
> >> >>>>>>>>>> That's just my $0.02 on the matter.
> >> >>>>>>>>>>
> >> >>>>>>>>>> ---
> >> >>>>>>>>>>
> >> >>>>>>>>>> Ken C. Moellman, Jr.
> >> >>>>>>>>>> LNC Region 3 Alternate Representative
> >> >>>>>>>>>> LPKY Judicial Committee
> >> >>>>>>>>>>
> >> >>>>>>>>>>
> >> >>>>>>>>>>
> >> >>>>>>>>>> On 2016-11-27 22:35, Caryn Ann Harlos wrote:
> >> >>>>>>>>>>
> >> >>>>>>>>>> No frankly that is a ludicrous interpretation. And paying any
> >> >>>>>>>>>> more
> >> >>>>>>>>>> interest that we have to in member money (OPM) is even
> moreso.
> >> >>>>>>>>>> This is why
> >> >>>>>>>>>> members view this body with distrust.
> >> >>>>>>>>>>
> >> >>>>>>>>>>
> >> >>>>>>>>>> --
> >> >>>>>>>>>> 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
> >> >>>>>>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>>>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>>>>>>>
> >> >>>>>>>>>>
> >> >>>>>>>>>> On Sun, Nov 27, 2016 at 8:22 PM, Ken Moellman
> >> >>>>>>>>>> <ken.moellman at lpky.org> wrote:
> >> >>>>>>>>>>>
> >> >>>>>>>>>>>
> >> >>>>>>>>>>>
> >> >>>>>>>>>>> I'm just pointing out that there are other items that also
> >> >>>>>>>>>>> need
> >> >>>>>>>>>>> attention.  As an alternate, I probably won't get a vote
> >> >>>>>>>>>>> anyway.
> >> >>>>>>>>>>>
> >> >>>>>>>>>>> If we are to take the strictest interpretation of 2.03.17,
> we
> >> >>>>>>>>>>> should lay off all of the staff and put their salaries
> toward
> >> >>>>>>>>>>> the building
> >> >>>>>>>>>>> debt as well. However, I would suggest that doing so would
> be
> >> >>>>>>>>>>> a foolish
> >> >>>>>>>>>>> approach.
> >> >>>>>>>>>>>
> >> >>>>>>>>>>> Putting off IT infrastructure upgrades is only going to make
> >> >>>>>>>>>>> the
> >> >>>>>>>>>>> inevitable more painful in the long-term.
> >> >>>>>>>>>>>
> >> >>>>>>>>>>> ---
> >> >>>>>>>>>>>
> >> >>>>>>>>>>> Ken C. Moellman, Jr.
> >> >>>>>>>>>>> LNC Region 3 Alternate Representative
> >> >>>>>>>>>>> LPKY Judicial Committee
> >> >>>>>>>>>>>
> >> >>>>>>>>>>>
> >> >>>>>>>>>>>
> >> >>>>>>>>>>> On 2016-11-27 22:06, Caryn Ann Harlos wrote:
> >> >>>>>>>>>>>
> >> >>>>>>>>>>> Further the bequest rules make it a no-brainer in my view.
> >> >>>>>>>>>>>
> >> >>>>>>>>>>> --
> >> >>>>>>>>>>> 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
> >> >>>>>>>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>>>>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>>>>>>>>
> >> >>>>>>>>>>> On Sun, Nov 27, 2016 at 8:04 PM, Caryn Ann Harlos
> >> >>>>>>>>>>> <carynannharlos at gmail.com> wrote:
> >> >>>>>>>>>>>>
> >> >>>>>>>>>>>> Hi Ken, while I appreciate that, our Policy Manual puts the
> >> >>>>>>>>>>>> building pay-off as a priority.  We can always find an
> excuse
> >> >>>>>>>>>>>> to put that
> >> >>>>>>>>>>>> off.  I will not.  If we are going to expect our government
> >> >>>>>>>>>>>> to follow
> >> >>>>>>>>>>>> commitments and shed debt, we must.  The IT infrastructure
> >> >>>>>>>>>>>> that exists -
> >> >>>>>>>>>>>> existed at the same time we got the mortgage.  We sold the
> >> >>>>>>>>>>>> idea of the
> >> >>>>>>>>>>>> mortgage to members on a certain committement and vision,
> and
> >> >>>>>>>>>>>> I fully intend
> >> >>>>>>>>>>>> to keep it.
> >> >>>>>>>>>>>>
> >> >>>>>>>>>>>> --
> >> >>>>>>>>>>>> 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
> >> >>>>>>>>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>>>>>>>> Colorado State Coordinator, Libertarian Party Radical
> Caucus
> >> >>>>>>>>>>>>
> >> >>>>>>>>>>>> On Sun, Nov 27, 2016 at 7:45 PM, Ken Moellman
> >> >>>>>>>>>>>> <ken.moellman at lpky.org> wrote:
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> All -
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> While paying off the building faster is a great goal, we
> may
> >> >>>>>>>>>>>>> have other priorities.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Specifically, we have 12 states without ballot access at
> >> >>>>>>>>>>>>> this
> >> >>>>>>>>>>>>> time, and we have an IT infrastructure that's from the
> last
> >> >>>>>>>>>>>>> century -
> >> >>>>>>>>>>>>> literally.  These things will take money to remedy.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Just something to keep in mind.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> ---
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Ken C. Moellman, Jr.
> >> >>>>>>>>>>>>> LNC Region 3 Alternate Representative
> >> >>>>>>>>>>>>> LPKY Judicial Committee
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> On 2016-11-27 19:42, David Demarest wrote:
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Tim,
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Your plan sets a good example of fiscal responsibility for
> >> >>>>>>>>>>>>> all
> >> >>>>>>>>>>>>> Libertarians. I also support your higher amount.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Thoughts?
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> The War on Compulsory Authoritarian Majority Rule Cronyism
> >> >>>>>>>>>>>>> Begins Now
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> ~David Pratt Demarest
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> From: Lnc-business [mailto:lnc-business-bounces at hq.lp.org
> ]
> >> >>>>>>>>>>>>> On
> >> >>>>>>>>>>>>> Behalf Of Caryn Ann Harlos
> >> >>>>>>>>>>>>> Sent: Sunday, November 27, 2016 4:33 PM
> >> >>>>>>>>>>>>> To: Tim Hagan <timhagan-tyr at yahoo.com>; Libertarian
> National
> >> >>>>>>>>>>>>> Committee list <lnc-business at hq.lp.org>
> >> >>>>>>>>>>>>> Subject: Re: [Lnc-business] Added Mortgage Payment
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Tim,
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> That sounds like the smart plan.  Future Libertarians will
> >> >>>>>>>>>>>>> thank us.  I support your higher amount.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> --
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> 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
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Colorado State Coordinator, Libertarian Party Radical
> Caucus
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> On Sun, Nov 27, 2016 at 2:50 PM, Tim Hagan
> >> >>>>>>>>>>>>> <timhagan-tyr at yahoo.com> wrote:
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> I will call your $150,000 and raise it to $207,500. I
> >> >>>>>>>>>>>>> request
> >> >>>>>>>>>>>>> we add 20 minutes to the December meeting agenda for a
> >> >>>>>>>>>>>>> motion to make a
> >> >>>>>>>>>>>>> payment on the principal on our office mortgage.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> The mortgage's loan rate is 4.85% with a balloon payment
> at
> >> >>>>>>>>>>>>> ten
> >> >>>>>>>>>>>>> years, which is in July 24, 2024. Robert was kind enough
> to
> >> >>>>>>>>>>>>> furnish the
> >> >>>>>>>>>>>>> attached load amortization spreadsheet. I ran five
> scenarios
> >> >>>>>>>>>>>>> on it to get
> >> >>>>>>>>>>>>> the amount of interest we will pay from December 2016 to
> >> >>>>>>>>>>>>> when the balloon
> >> >>>>>>>>>>>>> payment is due, and to get the amount of the balloon
> payment
> >> >>>>>>>>>>>>> that will be
> >> >>>>>>>>>>>>> due at that time.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Without any more prepayments (not paying an extra $60,000
> on
> >> >>>>>>>>>>>>> odd-numbered years):
> >> >>>>>>>>>>>>> Interest: $139,400.40
> >> >>>>>>>>>>>>> Balloon payment due 7/24/2024: $301,040.34
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> With the current policy of paying an extra $60,000 on
> >> >>>>>>>>>>>>> odd-numbered years:
> >> >>>>>>>>>>>>> Interest: $84,900.77
> >> >>>>>>>>>>>>> Balloon payment due 7/24/2024: $6,540.71
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Paying an additional $207,500 in the December payment, and
> >> >>>>>>>>>>>>> not
> >> >>>>>>>>>>>>> paying extra in future years:
> >> >>>>>>>>>>>>> Interest: $45,751.59
> >> >>>>>>>>>>>>> Balloon payment due 7/24/2024: $0.00
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Paying an additional $150,00 in the December payment, and
> >> >>>>>>>>>>>>> paying an extra $60,000 on odd-numbered years:
> >> >>>>>>>>>>>>> Interest: $32,805.22
> >> >>>>>>>>>>>>> Mortgage gets paid off July 2021.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Paying an additional $207,500 in the December payment, and
> >> >>>>>>>>>>>>> paying an extra $60,000 on odd-numbered years:
> >> >>>>>>>>>>>>> Interest: $19,879.20
> >> >>>>>>>>>>>>> Mortgage gets paid off May 2020.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> As you can see, paying $207,500 in December will eliminate
> >> >>>>>>>>>>>>> having a balloon payment in 2024 and will save at least
> $39k
> >> >>>>>>>>>>>>> in interest. If
> >> >>>>>>>>>>>>> we keep the Weiner rule, it will save $65k in interest and
> >> >>>>>>>>>>>>> have the mortgage
> >> >>>>>>>>>>>>> paid off four years early. The targeted Reserve is the sum
> >> >>>>>>>>>>>>> of all monthly
> >> >>>>>>>>>>>>> occupancy, labor and governance expenses, which comes to
> >> >>>>>>>>>>>>> $45,292. At the end
> >> >>>>>>>>>>>>> of October, the reserve was at $415,669, so I am
> comfortable
> >> >>>>>>>>>>>>> with paying
> >> >>>>>>>>>>>>> $207,500, even if next year's budget has a large deficit.
> We
> >> >>>>>>>>>>>>> will have new
> >> >>>>>>>>>>>>> reserve number before the meeting.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> The trust from a bequest has $167,404. We have been taking
> >> >>>>>>>>>>>>> the
> >> >>>>>>>>>>>>> maximum allowable amount out each year for the general
> fund.
> >> >>>>>>>>>>>>> A law passed
> >> >>>>>>>>>>>>> December 2014 now allows national political committees to
> >> >>>>>>>>>>>>> have a separate
> >> >>>>>>>>>>>>> segregated building fund with its own contribution limit
> of
> >> >>>>>>>>>>>>> three times the
> >> >>>>>>>>>>>>> limit for the general fund. We have not done this before,
> >> >>>>>>>>>>>>> because we needed
> >> >>>>>>>>>>>>> the bequest for the general fund, but we can transfer up
> to
> >> >>>>>>>>>>>>> $100,200 from
> >> >>>>>>>>>>>>> the bequest to the building fund and use those funds
> toward
> >> >>>>>>>>>>>>> making a payment
> >> >>>>>>>>>>>>> on the mortgage principal.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> My preference is to pay at least $207,500 toward the
> >> >>>>>>>>>>>>> mortgage
> >> >>>>>>>>>>>>> principal to save on interest payments and to ensure no
> >> >>>>>>>>>>>>> balloon payment. If
> >> >>>>>>>>>>>>> that passes, then I would favor reducing the policy to
> >> >>>>>>>>>>>>> budget an extra $60k
> >> >>>>>>>>>>>>> on odd years.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Tim Hagan
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> ________________________________
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> From: Sam Goldstein <goldsteinatlarge at gmail.com>
> >> >>>>>>>>>>>>> To: lnc-business at hq.lp.org
> >> >>>>>>>>>>>>> Sent: Sunday, November 27, 2016 8:11 AM
> >> >>>>>>>>>>>>> Subject: [Lnc-business] Added Mortgage Payment
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> I intend to make a motion at our next meeting to spend a
> >> >>>>>>>>>>>>> good
> >> >>>>>>>>>>>>> portion of our 2016 surplus to make a payment on the
> >> >>>>>>>>>>>>> principal on our office
> >> >>>>>>>>>>>>> mortgage.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Not knowing our final numbers at this time lends some
> >> >>>>>>>>>>>>> uncertainty to that number, but I would like to start the
> >> >>>>>>>>>>>>> bidding at
> >> >>>>>>>>>>>>> $150,000.  That amount ought to leave us in a very
> favorable
> >> >>>>>>>>>>>>> position as to
> >> >>>>>>>>>>>>> our ongoing reserve for unforeseen expenses over the next
> >> >>>>>>>>>>>>> few years.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Does anyone want to offer a lower/higher amount?  If so,
> >> >>>>>>>>>>>>> what
> >> >>>>>>>>>>>>> is your reasoning.
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Thanks and
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Live Free,
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> 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
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> _______________________________________________
> >> >>>>>>>>>>>>> Lnc-business mailing list
> >> >>>>>>>>>>>>> Lnc-business at hq.lp.org
> >> >>>>>>>>>>>>> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> _______________________________________________
> >> >>>>>>>>>>>>> Lnc-business mailing list
> >> >>>>>>>>>>>>> Lnc-business at hq.lp.org
> >> >>>>>>>>>>>>> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> --
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> 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
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> Colorado State Coordinator, Libertarian Party Radical
> Caucus
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> _______________________________________________
> >> >>>>>>>>>>>>> Lnc-business mailing list
> >> >>>>>>>>>>>>> Lnc-business at hq.lp.org
> >> >>>>>>>>>>>>> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>>
> >> >>>>>>>>>>>>> _______________________________________________
> >> >>>>>>>>>>>>> Lnc-business mailing list
> >> >>>>>>>>>>>>> Lnc-business at hq.lp.org
> >> >>>>>>>>>>>>> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
> >> >>>>>>>>>>>>
> >> >>>>>>>>>>>>
> >> >>>>>>>>>>>>
> >> >>>>>>>>>>>>
> >> >>>>>>>>>>>> --
> >> >>>>>>>>>>>> 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
> >> >>>>>>>>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>>>>>>>> Colorado State Coordinator, Libertarian Party Radical
> Caucus
> >> >>>>>>>>>>>>
> >> >>>>>>>>>>>>
> >> >>>>>>>>>>>>
> >> >>>>>>>>>>>>
> >> >>>>>>>>>>>
> >> >>>>>>>>>>>
> >> >>>>>>>>>>>
> >> >>>>>>>>>>>
> >> >>>>>>>>>>> --
> >> >>>>>>>>>>> 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
> >> >>>>>>>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>>>>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>>>>>>>>
> >> >>>>>>>>>>>
> >> >>>>>>>>>>>
> >> >>>>>>>>>>>
> >> >>>>>>>>>>
> >> >>>>>>>>>>
> >> >>>>>>>>>>
> >> >>>>>>>>>>
> >> >>>>>>>>>> --
> >> >>>>>>>>>> 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
> >> >>>>>>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>>>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>>>>>>>
> >> >>>>>>>>>>
> >> >>>>>>>>>>
> >> >>>>>>>>>>
> >> >>>>>>>>>
> >> >>>>>>>>>
> >> >>>>>>>>>
> >> >>>>>>>>>
> >> >>>>>>>>> --
> >> >>>>>>>>> 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
> >> >>>>>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>>>>>>
> >> >>>>>>>>>
> >> >>>>>>>>>
> >> >>>>>>>>>
> >> >>>>>>>>
> >> >>>>>>>>
> >> >>>>>>>>
> >> >>>>>>>> --
> >> >>>>>>>> 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
> >> >>>>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>>>>>
> >> >>>>>>>>
> >> >>>>>>>>
> >> >>>>>>>>
> >> >>>>>>>
> >> >>>>>>>
> >> >>>>>>>
> >> >>>>>>> --
> >> >>>>>>> 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
> >> >>>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>>>>
> >> >>>>>>>
> >> >>>>>>>
> >> >>>>>>>
> >> >>>>>>
> >> >>>>>>
> >> >>>>>>
> >> >>>>>> --
> >> >>>>>> 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
> >> >>>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>>>
> >> >>>>>>
> >> >>>>>>
> >> >>>>>>
> >> >>>>>
> >> >>>>>
> >> >>>>>
> >> >>>>> --
> >> >>>>> 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
> >> >>>>> Communications Director, Libertarian Party of Colorado
> >> >>>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>>
> >> >>>>>
> >> >>>>>
> >> >>>>>
> >> >>>>>
> >> >>>>
> >> >>>>
> >> >>>>
> >> >>>> --
> >> >>>> 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
> >> >>>> Communications Director, Libertarian Party of Colorado
> >> >>>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>>
> >> >>>>
> >> >>>>
> >> >>>>
> >> >>>
> >> >>>
> >> >>>
> >> >>> --
> >> >>> 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
> >> >>> Communications Director, Libertarian Party of Colorado
> >> >>> Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >>>
> >> >>>
> >> >>>
> >> >>>
> >> >>>
> >> >>> _______________________________________________
> >> >>> Lnc-business mailing list
> >> >>> Lnc-business at hq.lp.org
> >> >>> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
> >> >>>
> >> >>
> >> >>
> >> >> _______________________________________________
> >> >> Lnc-business mailing list
> >> >> Lnc-business at hq.lp.org
> >> >> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
> >> >>
> >> >
> >> >
> >> >
> >> > --
> >> > 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
> >> > Communications Director, Libertarian Party of Colorado
> >> > Colorado State Coordinator, Libertarian Party Radical Caucus
> >> >
> >> >
> >> >
> >> >
> >> >
> >> > _______________________________________________
> >> > Lnc-business mailing list
> >> > Lnc-business at hq.lp.org
> >> > http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
> >> >
> >>
> >> _______________________________________________
> >> Lnc-business mailing list
> >> Lnc-business at hq.lp.org
> >> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
> >
> >
> >
> > --
> > 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
> > Communications Director, Libertarian Party of Colorado
> > Colorado State Coordinator, Libertarian Party Radical Caucus
> >
> >
> >
> >
> >
> >
> > _______________________________________________
> > Lnc-business mailing list
> > Lnc-business at hq.lp.org
> > http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
> >
>
> _______________________________________________
> Lnc-business mailing list
> Lnc-business at hq.lp.org
> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
>
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