Student Assembly

Whereas, the Student Assembly oversees the Student Assembly Finance Commission and has a duty to ensure its smooth operation;

Whereas, the Special Projects & Appeals account has prematurely and unexpectedly run out of funds;

Whereas, the SA and the SAFC have a duty to work together to fund student organizations;

Whereas, the SA has a substantial reserve account that has no immediate disbursement plans associated with it;

Whereas, the Office of the Assemblies and the SAFC have fully guaranteed the repayment of a loan that the SA would make as per the stipulations stated in this resolution, regardless of any future circumstances;

Be it therefore resolved, that the Student Assembly will make a loan to the Student Assembly Finance Commission amounting to $9,000 $10,803.50 from the Student Assembly administrative budget surplus for the purpose of funding special projects in the Spring 2011 allocation semester;

Be it further resolved, that the SAFC will pay the SA account back, in full, the amount of $9,000 $10,803.50 by July 1, 2011 with its annual rollover funds;

Respectfully submitted,

Adam Nicoletti ‘12
CALS Representative Vice President for Finance

Roneal Desai ‘13
Minority At-large Representative