Local Information Network Community Television Incorporated
__________________________________________________
MINUTES OF ANNUAL GENERAL MEETING OF MEMBERS 2005
Sunday, 18 December 2005
6 pm
Front Room, Mary Gilhooley’s – Cnr Keen and Woodlark St, Lismore
Meeting Opened 6:05pm
Present:
Chris Stokes, Ted Spring, Joe Testa, Chris McIlwrath, Andrea Heinrichs, Laurie Kene, Greta Bird, Taran Tula, Karey Paterson, David Robinson, Ian Slade, Cindy Wescombe, Lucy Cameron, Mark Jago, Shane Rennie, Kerry Paterson, David Hannaford,
Proxy Votes :
Janelle Buckley, Mark McDonell, Rex Forwood, Ian Campbell, Michael Bevan, Matthew Lines and (Chris Stokes also held a proxy for an absent member, at time of minute publishing Secretary unaware which member)
BUSINESS
1.To confirm the minutes of the last Annual General Meeting (held on 17 March 2005).
Minutes were then read by members present at last meeting
Chris McIlwrath moved that the minutes of the last Annual General Meeting (held on 17 March 2005) be confirmed
Seconded by Andrea Heinrich
MOTION PASSED by all
2.To receive from the Board of Directors, a report on the activities of the Association in the period commencing on the date of the last AGM and ending on 15 December 2005.
Secretary Cindy Wescombe read Secretary report
Chairperson Lucy Cameron presented Chair Report
Chairperson Lucy Cameron presented Treasurers Report
David Robinson moved that the report on the activities of the Association since the last AGM prepared by Cindy Wescombe and Lucy Cameron be received and accepted
Seconded by Ian Slade
MOTION PASSED by all
3.To receive and consider the following financial statements in respect of the Association:
Statement of income and expenditure;
Statement of assets and liabilities; and
The mortgages, charges and other securities of any description affecting any of the property of the Association,
for the financial years ending 31 December: 1998, 1999, 2000, 2001, 2002, 2003 and 2004.
The above financial statements were made available for the members present to peruse
Chris McIlwrath moved that the financial statements be received
Seconded David Robinson
ACCEPTED by All
MOTION PASSED
4.To discuss the future of the Association.
It was presented to members the options for LINC TV
To either move on and become a company limited by guarantee and pursue a 5 years license with the ACMA
Or
Wind up the company, as we could not pursue a 5-year license without becoming a company limited by guarantee.
Discussion followed:
Regarding the financial commitments needed to pursue a 5-year broadcasting licence.
A verbal list of fees associated with becoming a company and debts that needed to be covered or transferred to the new company.
Possibility of finding a buyer for the transmitter if there was a need to wind up
What was needed to continue the station i.e. drop off points for materials, greater content, sponsorship
The positive year that has been had and operating financially in the black and broadcasting for a whole year uninterrupted
5.To consider and if thought fit, pass the following resolution as a special resolution in accordance with Article 41 of the Association's Constitution.
Lucy Cameron moved that the special resolution in accordance with Article 41 of the Association's Constitution.
That the Board take all steps necessary to seek the approval of the New South Wales Minister of Commerce (the Minister) under section 56 the Associations Incorporation Act 1984 (NSW), to become registered as a company limited by guarantee under the Corporations Act 2001 (Cth).
This special resolution was Accepted Unanimously by all members present
MOTION PASSED
6.To consider and if thought fit, pass the following resolution as a special resolution in accordance with Article 41 of the Association's Constitution.
Lucy Cameron moved that the special resolution in accordance with Article 41 of the Association's Constitution
That subject to the approval of the resolution set out in paragraph 3. above, the application to become registered as a company limited by guarantee under the Corporations Act 2001 (Cth) seek registration of the company name North Coast TV Limited.
This special resolution was Accepted Unanimously by all members present
MOTION PASSED
7.To consider and if thought fit, pass the following resolution as a special resolution in accordance with Article 41 of the Association's Constitution.
Lucy Cameron moved that the special resolution in accordance with Article 41 of the Association's Constitution
That subject to obtaining the approval of the Minister, the Board proceed to register the Association with the Australian Securities and Investments Commission (ASIC) in accordance with Part 5B.1 the Corporations Act 2001 (Cth) as a company limited by guarantee (the Company) and that upon registration of the Company with ASIC, the Constitution marked "A" and signed for identification purposes by Alicia Cameron, is adopted as the Company's Constitution in substitution for, and to the exclusion of, the current constitution of the Association.
This special resolution was Accepted Unanimously by all members present
MOTION PASSED
8.To elect office bearers of the Association and the Board of Directors.
Five members nominated to be on the Board of Directors.
Dave Hannaford
Karey Patterson
Shane Rennie
Ian Slade
Chris McIlwrath
Mark Jago moved that these 5 people be voted in as the new board of directors
Lucy Cameron Seconded
ACCEPTED by All
MOTION PASSED
9.To appoint the Public Officer of the Association.
Lucy Cameron moved that Ian Slade be made Public Officer
Seconded by Cindy Wescombe
ACCEPTED by All
MOTION PASSED
Ian Slade was appointed Public Officer
10.To transact any other business which may be brought forward in accordance with the Constitution of the Association.
No other business
Meeting Closed 7.10pm
|