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Actions of the NCAR Board of
Directors Five recommendations to the Board of Directors, made from the Executive Committee, were approved on June 10, 2008: • A one-time $70 assessment, to be billed on or around July 1, 2008. The assessment will be due and payable on the same date that a REALTOR® member’s 2009 dues become due and payable. The assessment will be imposed without proration on all REALTORS® who are members anytime after July 1 during the 2008 calendar year. There will be an early payment discount of $20 for assessments paid prior to Sept. 30, 2008; provided, those who become REALTOR® members after Sept. 30 will qualify for the discount so long as he or she pays the assessment on or before Dec. 31, 2008. A local association may keep $1 from each assessment it collects to defray its collection costs. All other money collected from the assessment will be directed to the NCAR Issues Mobilization Fund. • A $25 increase in annual state dues, beginning with the 2009 billing cycle. Association policy will be revised to provide that a total of $30 from each dues payment will be directed to the NCAR Issues Mobilization Fund. A pro-rata provision will be developed for new members who join in mid-year. • The Executive Committee will explore ways to expand the network of fundraising partners and political allies on issues affecting private property rights and real estate in North Carolina. • A change in the makeup of the NCAR Issues Mobilization Committee, with committee membership beginning in January 2009 to include the following: President; President-Elect; RPAC Chair; Legislative Committee Chair (who will serve as chair of the Issues Mobilization Committee); Legislative Committee Vice-Chair; Executive Vice President; 2 at-large members (initially appointed by the 2009 President to serve respective terms of 1 and 2 years, and thereafter to be elected by the general membership to serve 2-year terms); the President or President-Elect from each local association with 10 percent of NCAR’s REALTOR® members that is otherwise not represented on the committee by a voting member; and Treasurer (non-voting member). The Policy Committee will be directed to develop appropriate changes to the Issues Mobilization Policy for consideration and approval by the Board of Directors at its next meeting. • A ceiling of $10 million will be established for the NCAR Issues Mobilization Fund. At such time the balance reaches $10 million, the $25 dues increase will be removed at the next billing cycle. The $25 increase will be reinstated, if and when, the Issues Mobilization Fund balance falls below $5 million. Association policy will be revised to reflect this action. |
