Here is the treasurer's report on Cyberspace Communications, Inc. finances
through July 31st, 2008.  (This is a combined report for June and July.)

Beginning Balance     $6,583.80

Credits                  $66.00         Member contributions
                          $1.14         Interest on our savings account
                   ------------
                         $67.14

Debits                  $300.00         Provide Net colocation (thru 10/22/08)
                         $56.46         June Phone Bill
                         $55.80         July Phone Bill
                          $0.47         Paypal fees (income = $6)
                   ------------
                        $412.73

Ending Balance        $6,238.21

Our current balance breaks down as follows:

$6,060.84               General Fund
  $177.37               Silly Hat Fund

The money is distributed like this:

$4,304.68   Checking account
$1,933.53   Savings account earning 0.37% interest annually

We had no new members in June and July.  We are currently at 48 members, 
25 of whom are paid through at least August 15th.  (The others expired 
recently and are in a grace period.)

Notes:

- Your treasurer has been horribly neglectful of Grex this summer.

- We're now on a $300-every-3-months schedule with Provide Net, our ISP.

If you or your institution would like to become a member of Grex, it
only costs $6/month or $60/year.  Send money to:

Cyberspace Communications
P. O. Box 4432
Ann Arbor, MI 48106-4432

If you pay by cash or money order, please include a photocopy of some form
of ID.  We can't add you to the rolls without ID.  (If you pay with a
personal check that has your name pre-printed on it, we consider that a
good enough ID.)  Type !support or see
  http://www.cyberspace.org/member.html
for more info, including instructions for sending money to Grex with a
credit card, via Paypal.

16 responses total.

If our colo costs are now per 3 months, would it be easier to just do 
quarterly finance reports instead of monthly?

It might, but the bylaws require monthly reports.

pfft, easily changed. ;-)

Not *that* easily changed.  Bylaw amendments require a member vote.

By the way, the bylaws also require bimonthly board meetings.

Yes, they do.  No one seems to be up for a meeting.  It's been nearly a year;
what happens when the board fails to meet?

I don't know.  The by-laws and articles of incorporation are not
accessible from the cyberspace.org main page.  Nor are they available
from the command prompt, nor any commands I could see via this conference.

Ah, but a WWW search of Cyberspace Communications by-laws turned this up:

http://www.grex.org/local/grex/bylaws.html

which states:

      ARTICLE 8:  DISSOLVEMENT
 
  In the event the membership is unable to support Cyberspace
  Communications, all property belonging to the club shall be
  sold.  The remaining cash assets, after paying final bills, shall
  be donated to a charitable organization, as determined by the
  BOD.  All elected officers shall then be released from their
  obligations and the corporation dissolved.

Now, Arbornet went through a period of not having meetings, even the
mandatory annual meeting.  A group of us kind of took over, scheduled an
election, and heavily revised the by-laws to make them workable for a
small group which doesn't meet face to face.  I don't think anyone
questions the legitimacy of the group now running Arbornet.

I imagine this could be done for Grex, too.  In Grex's case there are
still 3 Board members serving terms for which they were elected: cross,
janc and cmcgee, according to Grex's Wikipedia page.

Jan resigned last November.  The Board has not met since then, so an election
to replace him hasn't been scheduled.  The current Directors are cross,
cmcgee, denise, unicorn, aruba, and steve.

I was in "Bootcamp; phase II" (read: OCS) when Jan resigned.  I wasn't
aware that we hadn't even had an election to replace him yet.  !!

(NB: It looks like someone has been working with the web-site since jep's
response 6 above; the links to the bylaws, etc, are working now.)

(Yeah, that's me; I took jep's report as a call to action!)

(Here's another: my browser doesn't recognise "»" as anything but
text.)

Funky...  What browser are you using?

Safari 1.0.3.  NB: a quick web-search turned up some comments that the
"right angle quote" maps to a letter in some languages.  I didn't do
enough research to determine whether the ambiguity had been resolved.

I got the officer information from Grex's Wikipedia page.  It could use
an update, too.

I have updated the Cyberspace Communications wikipedia page to reflect 
the current Board of Directors. I think it's correct! 

Thanks!

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