| March 2000 | Issue 3, Volume 7 | Election Info for SAMRC Members |
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Referendum Questions | ||||
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PREAMBLE Question 1: Do you agree to amend the Association’s By-laws to provide that By-law amendments can be made at a General Meeting of members rather than through a referendum? Please answer Yes or No Five percent of the members of the Association are required to vote in order for the referendum result to be valid. If more than 50% of members voting agree to the referendum question then the proposal will be implemented.
PREAMBLE One solution which received approval from members is an expansion of student centre facilities to increase the space available by two-thirds. This development would cost $15 million. Once developed, new service offerings could include a concert facility as well as new retail space and student service centres. In order to pay for new facilities, the Association plans to commence a broad-based fundraising campaign to raise the capital needed for construction. If agreed, funds would also be raised through an increase in the Association’s Capital Campaign Contribution. Initially, the total semester fee would be $15. This amount would be charged until 2004 and would be used to pay for pre-construction costs. Once construction commences in 2004/2005, the capital campaign contribution would rise to $25 per semester. This would pay the financing costs for the additional space. The capital campaign contribution will cease once these costs are paid. Question 2: Do you agree to an increase in the Students’ Association Capital Campaign contribution by $12, to $15 per semester for each student, commencing the Fall 2000 semester and continuing until 2004 ,and commencing the Fall 2004 semester to raising the contribution to $25 per semester until all outstanding loans for construction are repaid? Please answer Yes or No Five percent of the members of the Association are required to vote in order for the referendum result to be valid. If more than 50% of the members voting agree to the referendum question then the proposal will be implemented.
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