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 | |||
::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. | ::According to our Bylaws, large contracts must be approved by the Membership. | ||
According to our Bylaws, large contracts must be approved by the Membership. | ::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: | ||
