Page 56 - VCC 2022 Capital Plan New Binded
P. 56
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