Resolution:Spending authorization: Difference between revisions
Content deleted Content added
No edit summary |
Messedrocker (talk | contribs) categories: English, Resolutions |
||
Line 8: | Line 8: | ||
See also [[resolutions]] |
See also [[resolutions]] |
||
[[Category:English]] |
|||
[[Category:Resolutions|Spending Authorization]] |
Revision as of 19:57, 26 September 2006
Whereas the Board has not approved a budget for the period beginning 1-Jan-06 and there are expenditures that must be made to keep the Foundation operating, the Board hereby resolves that:
- The Treasurer is authorized to pay the usual and customary expenditures of the Foundation provided that the expenditures are not materially different than last quarter's expenditures,
- The Board ratifies their approval of the usual and customary payroll expenditure made on 15-Jan-06,
- The Treasurer will notify the Board and wait for Board approval before paying any significant and unusual expenditures or any single expenditure greater than $15,000.
Board approves by written vote.
See also resolutions