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Hello all,
There is a special resolution for the membership to consider. To summarize,
performance space in the region is becoming prohibitively expensive for KWLT to
continue to rent for productions, and the most cost-effective solution is to take out
a line of credit and finish the rebuild so that we operate again from our own space.
For purposes of expediency, we require a vote before the Annual General Meeting
in June. Below is the official notice of a Special General Meeting to be held
on Thursday, May 8th.
I invite everyone who can attend to please come to this very special meeting. KWLT needs
the support of its membership to take on this challenge and we require quorum
to come to a decision.
Josh Hoey
President
-----------------------------
Notice of Special General Meeting
To be held in Waterloo, Ontario on Thursday, May 8, 2008 at 7:30 p.m. at the
University of Waterloo, 200 University Ave West, in Hagey Hall Room 280.
Notice is hereby given that a special general meeting of the members of the
Kitchener - Waterloo Little Theatre has been called to consider and, if
deemed advisable, to adopt the following special resolution of the members:
SPECIAL RESOLUTION AUTHORIZING LINE OF CREDIT
WHEREAS the Kitchener - Waterloo Little Theatre, a corporation duly formed
pursuant to the laws of the Province of Ontario, has been rebuilding its
theatre premises on the property it owns at 9 Princess Street E. in Waterloo
(the Property) since its previous premises were lost to a fire in 2002;
AND WHEREAS significant additional funds are required to complete the
rebuilding effort;
AND WHEREAS suitable alternate performance space has become prohibitively
expensive;
BE IT RESOLVED that the Board of Directors is authorized to execute a Line
of Credit in the amount of $85,000 secured against the Property on behalf of
the Kitchener - Waterloo Little Theatre.
Further information will be provided at the meeting or sooner if possible.
By Order of the Board of Directors, April 21, 2008
----------------------------------
the_nita here again....
My take? I want my damned theatre back. Where we're performing out of now goes away as of the end of the year - it's been bought and is being turned into an art gallery. The Registry can't accommodate the number of performances we want in their schedule. Other locations are beyond our budget. This is a solution that gets us our theatre built in the time frame we have.![[livejournal.com profile]](https://www.dreamwidth.org/img/external/lj-userinfo.gif)
oldgrover has been working like a dog to get it done. Gods - give him the money and let him get it done. Once we have a space, we can become the people renting out their space when we're not using it - REVENUE STREAM!
If you're a KWLT member, please, for the love of theatre, come to the meeting & vote.
Edit: Anyone who's been involved with KWLT, and cares about the outcome, but isn't currently a full member still has the option of buying a membership at the meeting tomorrow night, according to what I've read.
There is a special resolution for the membership to consider. To summarize,
performance space in the region is becoming prohibitively expensive for KWLT to
continue to rent for productions, and the most cost-effective solution is to take out
a line of credit and finish the rebuild so that we operate again from our own space.
For purposes of expediency, we require a vote before the Annual General Meeting
in June. Below is the official notice of a Special General Meeting to be held
on Thursday, May 8th.
I invite everyone who can attend to please come to this very special meeting. KWLT needs
the support of its membership to take on this challenge and we require quorum
to come to a decision.
Josh Hoey
President
-----------------------------
Notice of Special General Meeting
To be held in Waterloo, Ontario on Thursday, May 8, 2008 at 7:30 p.m. at the
University of Waterloo, 200 University Ave West, in Hagey Hall Room 280.
Notice is hereby given that a special general meeting of the members of the
Kitchener - Waterloo Little Theatre has been called to consider and, if
deemed advisable, to adopt the following special resolution of the members:
SPECIAL RESOLUTION AUTHORIZING LINE OF CREDIT
WHEREAS the Kitchener - Waterloo Little Theatre, a corporation duly formed
pursuant to the laws of the Province of Ontario, has been rebuilding its
theatre premises on the property it owns at 9 Princess Street E. in Waterloo
(the Property) since its previous premises were lost to a fire in 2002;
AND WHEREAS significant additional funds are required to complete the
rebuilding effort;
AND WHEREAS suitable alternate performance space has become prohibitively
expensive;
BE IT RESOLVED that the Board of Directors is authorized to execute a Line
of Credit in the amount of $85,000 secured against the Property on behalf of
the Kitchener - Waterloo Little Theatre.
Further information will be provided at the meeting or sooner if possible.
By Order of the Board of Directors, April 21, 2008
----------------------------------
the_nita here again....
My take? I want my damned theatre back. Where we're performing out of now goes away as of the end of the year - it's been bought and is being turned into an art gallery. The Registry can't accommodate the number of performances we want in their schedule. Other locations are beyond our budget. This is a solution that gets us our theatre built in the time frame we have.
oldgrover has been working like a dog to get it done. Gods - give him the money and let him get it done. Once we have a space, we can become the people renting out their space when we're not using it - REVENUE STREAM! If you're a KWLT member, please, for the love of theatre, come to the meeting & vote.
Edit: Anyone who's been involved with KWLT, and cares about the outcome, but isn't currently a full member still has the option of buying a membership at the meeting tomorrow night, according to what I've read.
