Page 55 - VCC 2022 Capital Plan New Binded
P. 55

THE BALLOT













                                        Renovation Membership Booklet – Appendix A







                                        Ballot







                                        Shall the 2022 Capital Plan be approved as presented by the Board of Governors giving the


                                        Board the authority, in the best interest of the Club, to carry out the plan by:


                                                 1. Imposing a Capital Assessment on Members as presented;



                                                 2. Incurring additional debt up to $2 million dollars to fund the Capital Plan, if needed;


                                                 3. Revising the ByLaws as proposed; and



                                                 4. Authorizing the Board of Governors to make capital expenditures in excess of $150,000

                                                      as required by the 2022 Capital Plan.







                                        Yes



                                        No
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