289
edits
Changes
From Pumping Station One
→Directors: Financial agreements on behalf of PS:One (facilitating laser cutter loan) voted 07-10-2011
===Board Budget===
===Board Budget===
The board of directors is empowered to spend money from the general fund for any items necessary to maintain the day to day operation of the hackerspace, or to reimburse members for their purchases of these items, up to a limit of $1000 per year. Reimbursements will be considered upon delivery of the items purchased and the receipt. The decision to spend or reimburse under this amendment must be unanimous. Each expense or reimbursement under this amendment must be reported to the general membership at the next regular meeting and sent to the members via email. [''This [[Spending amendment|budget provision]] added at the [[Meeting Notes 03-01-2011|03-01-2011]] meeting.'']
The board of directors is empowered to spend money from the general fund for any items necessary to maintain the day to day operation of the hackerspace, or to reimburse members for their purchases of these items, up to a limit of $1000 per year. Reimbursements will be considered upon delivery of the items purchased and the receipt. The decision to spend or reimburse under this amendment must be unanimous. Each expense or reimbursement under this amendment must be reported to the general membership at the next regular meeting and sent to the members via email. [''This [[Spending amendment|budget provision]] added at the [[Meeting Notes 03-01-2011|03-01-2011]] meeting.'']
===Loans===
Pumping Station: One empowers its Board of Directors to negotiate loans in good faith when it has the support of the membership. The President of Pumping Station: One shall sign any and all financial agreements on behalf of Pumping Station: One, NFP. [''This [[Laser Cutter Loan|authorization]] added 07-10-2011 to facilitate the loan for the laser cutter.]
===Expiration of Term===
===Expiration of Term===
An at-large directorâs term shall expire at the Annual Meeting following his election.
An at-large directorâs term shall expire at the Annual Meeting following his election.
