I know the TSA Endowment Fund Trustees spent much time and discussion on
this matter, and I say we should not muddy the water with a bunch of
alternate suggestions, and proposals. I think we should schedule the
vote at the next TCR as the trustees recommended. If their original
motion is not approved then we could take suggestions for a new motion,
and potentially vote on the new motion.
With a controversial issue on the agenda, we may even draw more than
10-12 attendees... Well one can dream.
Kurt
_______________________________
[The motion]
Recommended and moved by the TSA Endowment Fund's trustees:
That the TSA Board of Governors terminate the land fund and transfer all
its current proceeds for a cave conservation-related purpose under
Section 8 of the trust agreement, as follows:
To help pay off the note on the Punkin-Deep property purchased by the
Texas Cave Management Association.
Trustees recommend that the TSA BOG publish this motion in the
Texas Caver and take it up at the Texas Cavers Reunion, either choosing
to vote the motion up or down at its fall meeting or submitting it to
the general TSA membership for a binding referendum.
Land fund trustees voted unanimously to recommend this action -
moved by Ted Lee and seconded by John Brooks - with trustee Jay Jorden
abstaining due to his TCMA board membership.
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