Supplemental LG Meeting Materials
- In the January 4, 2019 Leadership Group meeting, the group asked to see the the names of those attending the Architectural Fly-in: https://wiki.duraspace.org/display/VIVO/2019+Architectural+Fly-in
- The LG also asked to see the 2018 travel spreadsheet here: http://bit.ly/2GTRMqQ
- In that meeting, we discussed the VIVO "debt" incurred from 2013 - 2017. A small group met after the meeting and have jointly drafted the
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- following proposal:
Motion to address VIVO budgetary imbalance
By: Mike Conlon, VIVO Project Director, Erin Tripp, DuraSpace Executive Director, Julia Trimmer, VIVO Leadership Group Chair, and Rob Cartolano, DuraSpace Treasurer.
A tentative agreement between VIVO project representatives and DuraSpace representatives was reached on January 23, 2019 to bring clarity to and resolve a discussion about a VIVO project budgetary imbalance between 2013 and 2017 of $325,000.
Representatives of both parties propose the VIVO project contribute $50,000 to DuraSpace from its 2018 net income of $84,297 to resolve the budgetary imbalance. The rationale for this solution includes recognition that operational changes have been put in place to avoid further imbalance, a shared desire that the VIVO project build a stable reserve fund, and a shared desire to see the issue resolved.
We ask the VIVO leadership and the DuraSpace Board of Directors to discuss this proposal, e.g. the acceptability of the amount and timeline for payment and vote on a motion to accept or reject the proposed solution. If this solution is accepted by both parties, executing the proposal will conclude the discussion and resolve the budgetary imbalance.
The 2013 - 2018 VIVO Financial Report is available for your reference.
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