Orient Land Trust
                                   Valley View Hot Springs
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Vendor Moratorium effective November 1, 2009 - April 30, 2010

ORIENT LAND TRUST

RESOLUTION CREATING A MORATORIUM
ON ALL VENDOR SERVICES AT ORIENT LAND TRUST

Effective November 1, 2009

WHEREAS, for many years Valley View Hot Springs (the “Hot Springs”) has allowed various individuals to offer vendor services to guests at the Hot Springs, including massage therapy and jewelry sales;

WHEREAS, OLT has managed the Hot Springs since 2004 and will soon own in fee the Hot Springs; and

WHEREAS, OLT has continued to allow various vendors to offer services, including massage therapy, to guests at the Hot Springs since 2004 when management came under control of OLT; and

WHEREAS, the OLT staff has had to spend increasing amounts of time managing the vendors, including finding appropriate space for them to work; and

WHEREAS, the OLT Board of Directors (Board), has directed the OLT staff to create a comprehensive policy addressing all vendor services issues by April 30, 2010; and

WHEREAS, the Board feels that it is in OLT’s best interest for there to be a complete vendor services moratorium until such time as OLT staff has created such a comprehensive policy addressing all vendor services issues.

RESOLVED, that the Board hereby adopts and places in effect as of November 1, 2009 through April 30, 2010, a complete moratorium on any and all vendor services being provided or offered at OLT and the Hot Springs (Moratorium). If any vendor is found to be violating this Moratorium they will be banned from OLT for a period of one (1) year beginning after the expiration of the moratorium on May 1, 2010.

FURTHER RESOLVED, that this Resolution, upon approval by the Board, may be certified by any proper officer of the Corporation as having been adopted by the Board of OLT on the effective date stated above.

 

______________________________                                    ______________________
Mike Blevins, Vice-Chair                                                          Date
(in absence of Dan Jones, Chair)

 

ATTEST:

_____________________________                                      ______________________
Barbara Tidd, Secretary                                                           Date