Board Minutes January 2024: Difference between revisions
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→Treasurer's Report (5 min)
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*Marcel: my understanding is if we pay 40k by the 18th, we have paid the loan. If we don't, we owe 60k. | *Marcel: my understanding is if we pay 40k by the 18th, we have paid the loan. If we don't, we owe 60k. | ||
*Chris: That's correct. | *Chris: That's correct. | ||
*Marcel: Servus has never told me if they would extend the loan or refinance. We also wrote a letter to Servus and politicians saying we'd like an extension. | |||
Chris: The refinancing and extensoion until March is a specific CEBA thing; check their FAQ or main page. You would have to explicitly go to the bank and say "this is what we want to do". They may still say no. | |||
Adam: The FAQ says you just have to apply by Jan 18th, and that that extends it to March. | |||
Marcel: Okay, I will talk to the bank. | |||
Stephen: The link is in Chris's email from earlier. | |||
=== Committee Reports (5 min) === | === Committee Reports (5 min) === | ||