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The EGM

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joxer:
Is it worth trying to draft up some ideas for fundraising or to ask incoming committee hopefulls to propose there ideas when being nominated

Fordius Maximus:

--- Quote from: "kill" ---
--- Quote ---c. Each member of future committees during the period of the loan, shall be obliged to sign the mandate for the Bank Accounts held in the name of UCD Canoe Club, following their election at the Annual General Meetings of UCD Canoe Club, thus passing on any personal liability for the outstanding amount of the loan from outgoing committee members to incoming committee members.

--- End quote ---


I misunderstood the part about the AUC paying our interest repayments to our loan account. I had thought that the interest was coming from our general grant from the beginning of the year.
--- End quote ---



According to the wording of the motion:

 b. UCD Athletic Union Council will pay the annual interest repayments occurring on the loan directly into the loan account from UCD Canoe Club Club’s Basic Annual Grant, until the loan has been repaid in full.

the AUC WILL deduct the interest from your basic grant.


However, if each year is limited to drawing down the amount that they raise in that year, why is a loan account necessary, unless any one year raises and draws down more than three grand in that year.  Perhaps you should also consider limiting the amount that any one year can draw down to three thousand.  This way all 12 grand won't be squandered in one year.

Alternately, you could just tell the AUC to go and <message truncated>

Mr C:
Unfortunately I was not able to be there last night. I'm wondering on the outcome? I presume (it being an EGM n all) that some minutes were taken? Will these be made available over the website maybe?

What decisions have been reached?

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