[Businessmtg] POLL for Motion #24 Prudent Reserve & Distribution of Excess Funds

Steve Rankin steve at serenitysys.com
Thu May 26 11:23:04 PDT 2022


Hi ASPers,

The discussion of Motion #24 is not closed and we will move on to voting in
the poll to approve it.  The poll will close on Thursday, June 2, 2022.

The poll to approve Motion #24 has been posted on the ASP website at:
http://asp-afg.org/archive/motion-24-prudent-reserve-distribution-of-excess-
funds/

If that link is broken, you can use this:
https://tinyurl.com/ydn5sbt8 

Motion #24 reads as follows.
↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓
"I move that we take the following actions:
1. ASP's Prudent Reserve to be equal to one year's operating expenses;
actual amount to be calculated by the Steering Committee and recalculated as
needed.
2. Funds in excess of the Prudent Reserver are to be donated quarterly
according to the following formulae:
a. Interim: Until ASP belongs to an Electronic District. 
District N/A
Area 60%
WSO 40%
b. Permanent; once the conditions of (a) above have been met, the following
formula for donating excess funds applies.
District 60%
Area 30%
WSO 10%"
↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑

There are 15 members in this Business Meeting.  A 2/3 majority is required
to pass this motion, therefore 10 members must vote FOR the motion to pass.
PLEASE VOTE - NOT VOTING IS THE SAME AS A NO VOTE

Love and SERENITY,
Steve






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