SOUTH
DAKOTA BICYCLE COALITION
PLAN
FOR DISBURSEMENT OF FUNDS
TO
BICYCLE NON PROFIT ORGANIZATIONS
TERMS
& CONDITIONS
10-23-13
We, the
South Dakota Bicycle Coalition, wish to disperse remaining funds after expenses
are made or budgeted for (approximately $2,700) in accordance to the Terms
& Conditions listed in Part I & Part II of this document. The treasurer, Michael Christensen, will be
instructed to email confirmation that the terms & conditions below were met
to seek agreement for payment. If the
Treasurer or any current board member has a concern, a board meeting will be
called by the Treasurer to discuss the appropriate resolution to the concern. If
no concerns are made, then the Treasurer is authorized to make the appropriate
payment(s).
PART
I: Items must be accomplished by
December 31, 2014.
- Remaining Funds (except those set aside
to pay specific expenses) will be made to a newly formed statewide bicycle
association for all types of bicycling for completing the following:
a) Development & submittal of a Strategic
Plan containing a Mission Statement and Goals
b) Development & submittal of articles of
incorporation and bylaws requiring statewide representation of a minimum of 7
Board Members, no more than 2 in one county and a minimum of 2 from west and east
of the Missouri River.
c) Submittal of a list of board members with
their addresses and minutes of a minimum of two meetings with a quorum present.
PART
II: Dispersal of all or remaining funds
that were not dispersed by December 31, 2014, except for funds reserved to pay
for expenses. The exact amount to be
determined by evenly dividing the funds remaining by the number of qualifying
organizations listed below; all funds to be dispersed by January 31, 2015.
- West River Trails Coalition for documented use for the
development or operations of the Rapid City to Kadoka Rails Trail; any
segment of this project will qualify.
If work has ceased on this rails trails project, then the West
River Trails Association will not receive any funds. Documentation must be made by the
current President of the WRTC. WRTC
must be in good standing at time of payment.
- Ride Across South Dakota (RASD) ride
event organization (AKA “Faces to the Falls”) for the purpose of
promotion, advertising or group riding safety campaign. RASD must be in good standing with
scheduled ride in 2015 at time of payment.
- Adventure Cycling Organization (ACA) for
coordinating efforts in South Dakota during 2014 for promoting the US Bike
Routes’ segment in South Dakota with the SD Department of Transportation. Verification for payment will be made by
Ginny Sullivan of ACA or her replacement, through a letter to Michael
Christiansen summarizing the coordinating efforts that were made by ACA or
a representative on behalf of ACA during 2014.