Quick Links: Board Nominees, Financial Statements, Agenda
As a non-for-profit corporation, LOSURS is required to hold an Annual General Meeting (AGM). Among other business, the AGM includes elections for half of the Board of Directors, and the presenting of the corporation's financial statements for the preceding fiscal year.
Our next AGM is scheduled for Sunday, May 24th, 2009 at 1:30pm in the board room at Access Communications (2250 Park St -- the corner of Park and Arcola).
All members are encouraged to attend the AGM. For those of you not able to attend, minutes of the meeting will be distributed afterwards. Doughnuts will likely make an appearance once again!
Agenda
- Call to order
- Confirm member eligibility and quorum
- Approval of the Agenda
- Approval of 2007 AGM minutes (see 2007 AGM minutes)
- Message from the President
- Financial report (see Financial Statements)
- Business
- Revisiting the question of a review, or full audit, of the corporation's financial statements
- Election of new directors (see Nominations)
- Adjournment
Elections for the Board of Directors
LOSURS directors are elected for two-year terms, and the terms are staggered so that half of the board is up for re-election each year. This year, the following three directors' terms are expiring: Alex Marz, Mike Warnecke and Jim MacKenzie.
We have four candidates nominated this year, so unless additional members are nominated, the new board members will be elected by acclamation. The full list of candidates and can be found on the Nominee List.
Financial Statements
The LOSURS Secretary, Jim Mackenzie, has prepared the usual set of financial statements for the fiscal year ending September 30th, 2008. In addition to the copy available online, printed copies will be distributed at the AGM.
In keeping with the decision made at a preview AGM, this year our financial statements have also been reviewed by an external accountant. The result of this review will be presented at the AGM.
Information on the 2007 AGM is still available.