Title
Draft Resolution - Approval of Revisions to the Equity Management Policy - J Davis
Other Info
Submitted By: Robyn Miller on behalf of John Davis
Department: Chief Financial Officer
Financial Impact and Cost/Benefit Considerations: None
Discussion
The Equity Management Policy was adopted in 2015. Pursuant to the Board’s Policy on Policies, the Board routinely reviews all policies as part of its policy management. Under the Board’s approved review schedule, the Board may now consider review of the revisions to the Equity Management Policy.
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS that the Cooperative adopt the revisions to the Equity Management Policy, that were presented to and discussed by the Board this day, with such changes thereto, if any, as were discussed and approved by the Board; and
BE IT FURTHER RESOLVED that the Chief Executive Officer, or his designees, are hereby authorized and directed to take all such action as may be necessary to effectuate this resolution.