Difference between revisions of "Vote to Accept SBA EIDL Loan 2020"
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Vote | Vote | ||
| − | Quorum: | + | Quorum: 45 |
| − | Yea Votes: | + | Yea Votes: 47 |
| − | Nay Votes: | + | Nay Votes: 18 |
| − | Present or Abstain: | + | Present or Abstain: 4 |
| − | Total Votes: | + | Total Votes: 69 |
== Schedule == | == Schedule == | ||
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==== Language Lock Date and Start of Voting ==== | ==== Language Lock Date and Start of Voting ==== | ||
| − | '''[ | + | '''[March 19 2022]''' |
==== Day of the Vote ==== | ==== Day of the Vote ==== | ||
| − | '''[ | + | '''[March 29 2022]''' |
Date the Board has assigned for the vote. The Day of the Vote is the day the vote closes. | Date the Board has assigned for the vote. The Day of the Vote is the day the vote closes. | ||
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== Language of the Vote == | == Language of the Vote == | ||
| − | The PS1 members authorize the PS1 treasurer, Carl Karsten, on behalf of PS1 to accept for a loan under SBA’s Economic Injury Disaster Loan Program for as much as PS1 qualifies for, up to $512,000. | + | The PS1 members authorize the PS1 treasurer, Carl Karsten, on behalf of PS1 to accept for a loan under SBA’s Economic Injury Disaster Loan Program for as much as PS1 qualifies for, up to $512,000. |
| + | |||
| + | The money from the loan will be deposited into PS1's primary checking account that is used to pay our operating expenses, including but not restricted to the remainder of our lease, insurance payments, utilities, the area host budgets and additional expense the members might vote for. | ||
Latest revision as of 21:59, 1 April 2022
Title
Vote_to_Accept_SBA_EIDL_Loan_2020
Sponsor
* Carl Karsten
Co-Sponsors
* Andrew Camardella * Theo Tetzlaff
Vote Results
Vote
Quorum: 45 Yea Votes: 47 Nay Votes: 18 Present or Abstain: 4 Total Votes: 69
Schedule
Proposal Date
[Jan 6 2022]
Vote Announcement and Beginning Date of the Discussion Period
[Jan 7 2022]
Language Lock Date and Start of Voting
[March 19 2022]
Day of the Vote
[March 29 2022]
Date the Board has assigned for the vote. The Day of the Vote is the day the vote closes.
Background
It was suggested the Vote_to_Apply_SBA_EIDL_Loan_2020 did not give anyone the authority to accept the loan if offered. This spackles over that hole.
Language of the Vote
The PS1 members authorize the PS1 treasurer, Carl Karsten, on behalf of PS1 to accept for a loan under SBA’s Economic Injury Disaster Loan Program for as much as PS1 qualifies for, up to $512,000.
The money from the loan will be deposited into PS1's primary checking account that is used to pay our operating expenses, including but not restricted to the remainder of our lease, insurance payments, utilities, the area host budgets and additional expense the members might vote for.