2007-09-19.jdd.5.lc.1: Review and determination of transaction providers

WHEREAS

  1. SPI does not currently have a determined accountability to provide performance qualifications of financial providers to SPI's associated projects.

THE SPI BOARD RESOLVES THAT

  1. All financial providers to SPI shall be reviewed for quality, market competitiveness, reasonable ethics and features at least once every 12 months, or more often as necessary.

  2. The review will include a report of potential ways and vendors to accept donations.

  3. All financial providers will be reviewed against at least two additional providers for determination of market competitiveness.

  4. The Treasurer is authorized to spend any reasonable funds to complete this review.

  5. The first review of financial providers shall be completed and documented by December 31st, 2007 and then at least within every 12 months if at all possible.