Tuesday, January 6, 2015
Is Reimers ready to reap?
The following was posted elsewhere by R. Paul Martin Tuesday morning, January 6, 2015.
This motion was passed by the NFC last night. It will need to be passed by the PNB in order to take effect, but it probably will pass the PNB. When passed, this motion will involve the LSB.
Motion as amended: "The National Finance Committee recommends the Pacifica National Board pass the following resolutions regarding WBAI:
The interim Executive Director shall require the WBAI General Manager to attend the next meeting of both the WBAI Finance Committee and LocalStation Board to give a First Quarter Financial Report.
For the next six months, WBAI Management shall require approval from either Pacifica's CFO or interim Executive Director prior to making any disbursement greater than $500 other than for rent, utilities, payroll and other regular, recurring expenses.
The PNB directs WBAI Management and LSB to prepare within 45 days a recommended contingency plan to the PNB in the event that the station’s deficits cannot be stabilized."