The AGM on the 24 November was well attended and members heard from the President of WSBC, Troy McPhee and the Treasurer, David Mansfield, of the achievements and challenges of the year.
The AGM also received a high volume of proxy votes and the voting saw the passing of all three special resolutions, as indicated below. In the passing of these resolutions it was also passed to elect the existing Board to take the organisation through the transition process from incorporated association to a company limited by guarantee.
We will keep you posted on further developments on the transition and if members have any questions then please contact General Manager, Michael Sugg, on 02 8896 6045.
Special Resolutions
Resolution 1: Conversion to Company Limited by Guarantee
To consider and, if thought fit, pass the following resolution as a special resolution:
"That The Western Sydney Business Connection Inc convert from an incorporated association to a public company limited by guarantee."
Resolution 2: Change of name
To consider and, if thought fit, pass the following resolution as a special resolution:
"That upon conversion to a public company limited by guarantee that The Western Sydney Business Connection Inc adopt the name 'The Western Sydney Business Connection Limited'."
Resolution 3: Adoption of a new constitution
To consider and, if thought fit, pass the following resolution as a special resolution:
"That upon conversion to a public company limited by guarantee that The Western Sydney Business Connection Inc adopt a new constitution for the newly formed company known as 'The Western Sydney Business Connection Limited'."