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The Board adopts the following procedure to allow the Executive Committee of the Charlotte-Mecklenburg Historic Landmarks Commission (“CMHLC”), consisting of the Chairman, Vice-Chairman, Secretary, Treasurer and Chairman of the Projects Committee, to authorize expenditures from CMHLC’s funds.

 

The Executive Committee of the Charlotte-Mecklenburg Historic Landmarks Commission shall have the power to authorize expenditures from the funds of the CMHLC under the following conditions:

 

1.       Emergency Repairs.  The Executive Committee shall have the right to expend funds for repairs to correct any conditions on real property owned by CMHLC that would likely, if not immediately corrected, result in (a) personal injury, (b) damage to property owned by any third party; or (c) substantial damage to property owned by CMHLC, which damage significantly exceeds the cost of the repair.

2.       Rental Properties Repairs.  The Executive Committee shall have the right to expend funds for repairs required to fulfill its obligations under state law to provide fit and habitable dwellings to residential tenants or to fulfill its obligations under leases, provided such repairs are of the type that a tenant would reasonably expect to be immediately completed, such as repairs required to provide basic services, including electricity, water/sewer service, heating and air conditioning.   This provision shall not be used to pay for routine maintenance or other repairs that could reasonably be handled by the CMHLC Board at a regularly scheduled meeting.

3.       Incidental Expenses. In addition to the expenditures approved in paragraphs 1 and 2 herein, the Executive Committee shall also have the right to approve incidential expenses up to the sum of $________ per year.

 

In order to exercise its rights hereunder, the Executive Committee shall review any requests made by the staff of CMHLC, which review may be at a meeting or through information disseminated by email, telecopier transmittal or mail.  An expenditure shall be authorized if a majority of the members of the Executive Committee votes for approval, which votes may be tallied via email or telecopier transmittal if a meeting is not held. 

 

The Board may want to add additional parameters, such as an overall ceiling.  For example, if a repair exceeds a certain amount, the Board may want to call a special meeting.