Board Meeting Notes 2021-02-02: Difference between revisions

From Pumping Station One
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The board discussed Ed Bennett's vote to extend the current lease. Ed's vote was as follows:
The board discussed Ed Bennett's vote to extend the current lease. Ed's vote was as follows:


"Our Lease expires May 31st, but renewal is not automatic. We have the
{{Blockquote
|text=Our Lease expires May 31st, but renewal is not automatic. We have the
option to renew for another 5 years, but in order to do so, we must send
option to renew for another 5 years, but in order to do so, we must send
the landlord, by registered mail, a written "notice of election to
the landlord, by registered mail, a written "notice of election to
renew", at least 90 days prior to the end of the lease. This is around
renew", at least 90 days prior to the end of the lease. This is around
March 1st. A link to our current lease is included in the vote proposal.
March 1st. A link to our current lease is included in the vote proposal.
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This vote authorizes the Board and the President to commit PS1 to another 5
This vote authorizes the Board and the President to commit PS1 to another 5
years in our current location, and to communicate our intention to the
years in our current location, and to communicate our intention to the
landlord."
landlord.}}


The board had the following thoughts on the matter:
The board had the following thoughts on the matter: