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Summary
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Text
Michael Roberts presented an update on anticipated expenditures, which total $1.1 million for the period from November, 1998, through June, 1999, and on fundraising efforts.
Upon motion duly made and seconded, the Board unanimously approved (with Michael Roberts abstaining) the adoption of the following resolutions:RESOLVED [resolution 99.7], that Michael Roberts, in his capacity as an officer of the Corporation, be, and he hereby is, authorized to disburse funds of the Corporation for purposes that he believes to be in the interest of the Corporation, in accordance with the following procedures:For individual disbursements of $10,000 or less, or installments on liabilities aggregating to $10,000 or less: funds may be disbursed without prior approval.
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