10/02/2014
Land Update: following the last meeting of July, Mr & Mrs Obiajulu were paid $20,780.80 with a balance of $46,000. Since we approve a motion to have the Obiajulus pay the land in November 18,2013, meaning NALV have use up 1 year out of our 5years so the contract was backdated. We have paid him this year so no more payment in 2014 and Mr & Mrs Obiajulu said they are okay with what was paid so far we pay up by November 2018. Executive met and with the advice of a couple of members that were contacted, we agreed that in order to pay this land NALV is owing on and to pay oit up quickly, we decided that should the house approve, each member will be levied $500 towards the land & subsequent member who join will pay the registration and annual due plus whatever we the current member pay to make this project a reality. Though we are planning to raise fund, it is wise to have a system in place to pay off amount owed on the land ASAP.
Rasaq Oyekan: support the idea but minimum of $125/year so that may upfront but cannot slack in minimum required per year.
Dr Oparaugo: how did you arrive at $500
President: Exco used the list of active paying members which gives us about 100 names and the executive posit that if these 100 names continue to pay and it means that they have interest in what we are doing, it will come up to about $50,000. When we pay this land we can still pick up the other 1/2 acre at the cost of market if and whenever we want. we will buy at the value at that time. we will need the other acre for parking etc., since the value of land is not appreciate now
Dr Oparaugo: suggested that why don't we lock in the 2nd land now?
President: it is left for us to lock the second acre up. Suggest that these payment for all members are would be members should be in our bye-law. Request for motion that members be levied $500 and this rule should be incorporated in our bye-law that if anyone join the association there will be a development fee or any amendment to the topic on the floor?
Rasaq Oyekan: We can still implement it without a bye law amendment. we should not have to change byelaw always. We can make policy changes to put in association rule.
President: said he is asking for amendment of byelaw because there are other things that need to be change and a committee can be setup.
Mr. Jay Johnson: suggested that we can add the $125/year to the annual membership renewable yearly so that members can be aware of what is needed financially and can be easy for the members to remember.
President: support the idea and executive can have a list of all payment made on file for member viewing. showing the progress of payment by members until all total payment is met. Names of those that have paid will be published to members and also list of those that are owing towards the land.
Mr. Jay Johnson : ask to know the physical location of the land.
President: Tenaya /Azure on Northwest corner of Las Vegas
**Motion moved by Dr. Anslem Oparaugo just for the levy of every financial members $500 for over 4 years.
Clarification sought by Friday Irorobeje (treasurer): we should be clear if teh $500 is per family or each member?
President: confirmed it will be for each member ie Family will be $1000. Students are excluded but after graduation this development will be applied when they become full members.
Dr. Dolue Ezeanolue: Suggested that we should keep the development fee $500 across board so it does not seem like we are punishing families because in each family it might be the same person responsible for the family compared to a single person. Though he does not have a problem paying.
Mr Jay : said we might have to adjust the cost then.
Rasaq: said we should look at it in terms of benefit and qualifying adult. If a husband come they occupoy2 seat and a single person occupy 1.
Dr. Prince Igboamazu: advise that we should be careful of numbers on paper as it might seem that the people are already having a hard time paying dues
John Anozie: said all the ideas being floated are good but we should look at the end point of realizing the money. Also we should look at how committed are we all to this goal. There are other ways we can raise this money without stressing individual families. For instance, within the last period people have raised a lot of money organizing and hosting conventions. So we should host conventions every year or every 2 years. With commitment & proper planning, we might be able to raise all this money within these events. Citing examples of money raised in 2004 & 2010 at events. We should look at what is practical for us to do. As such unsure how we can enforce this collection of development fees.
Dr Oparaugo: agreed with John but believe every member to have ownership right in this land. if it is $200 or $500 or whatever we think is fair as a body just like the Catholic church's AMC. The church will not care if the parishioner do not donate at Sunday service but to be considered a member of that parish, the member must pay the AMC fees.
Olu Adegboruwa (General Secretary) : present the motions as follow:
1. $500 per single person member and $750 per family
OR
2. Reduce the money for single & $500 per family
OR
3. Aim for fundraising
***House request that fundraising should be standard as a combination.
At the point Jay Johnson was introduced as Julia husband who was in Nigeria taking care of business.
President : provided the general assembly with Jay Johnson & Julia Fortune background information that she has paid annual dues from Nigeria & requested that the husband-Jay should come to the meeting to represent the family while she is still in Nigeria.
Dr Charles Okeke: reiterated what has been said considering new members to be charged to join.
Dr. Jerome Nwokike: will want to look at ways of building the land as part of the development fund planning. Like using a plaque for people that will be donating. Have a focus of community service & names of donors that clearly show within the course of building the center in various ways.
President; the association can come up with ways to recognise the donors. This issue will be fully looked at after the land as been paid for.
Dr Jerome Nwokike: suggested that NALV should have a cadre of members base on the contribution. Like Gold members, Silver members, etc
President: our paying members are pretty much the same. As seen in the past it is the same people that have been carrying the association. So we should go to motion on floor.
Peter Umoh: Will want to echo Dr Jerome Nwokike by taking stock of our final goal by spending some money upfront in feasibility to consider if this land will meet our need.
President: Said we should look at this land as to be enough to meet our need. 1 acre of land should be enough
Peter seek to know how do we know thi swill meet our need. Suggested that we should think it through. what is the size of building we are looking at, etc
House: said events has overtaken these questions and thought. Down payment has already been made.
****Motion moved by Dr Dolue Ezeanolu: members to pay $500 and family $750 over 4 years . Then When we start building then we give by donation. Seconded by Dr Anslem Oparaugo
Motion modified by Cosmas Eze: Opined that NALV cannot be taxing the family after every 4 years and might lead to 8-10 years to pay for the land before we can start building. We should focus on the fees for 12 months by family paying $500 in 12 months & complete this project. Suggested that we shoulkd look at this project with the seriousness that it deserves. Can vouch for the families in Las Vegas to be able to pay this $500 within a year.
*****Motion raised is that within the next 12 months, family to pay $500 & single to pay $500. Dr Dolue Ezeanolue withdrew the 1st motion and seconded this motion.
Rasaq Oyekan modified the motion to accommodate the single to pay $350 within 12months.
President: agreed and suggest that the payment to be completed by December 2015 & members should know that executive will call to collect this money.
Mrs Okeke: want to know about tax deduction status.
House confirm that we are ok as a 501c.
Dr Charles Okeke: request for confirmation that this amount agreed upon is the minimum.
FINAL MOTION for consideration moved by Mr Cosmas Eze: $500 for couples & $350 for single by December 2014. Seconded by Dr Dolue Ezeanolue adopted with no opposition.