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The local pays the mortgage to the international, who wrote the loan. If the local was to go away, the international would get the building and keep the cash. It would make for a interesting legal challenge against them because any surplus should rightfully belong to the members, since it wasn't spent on union activities.Side question... who owns the hall? The international, the ATD or the local? If it's the international, then the bus drivers and casino workers are paying for it as well, and will keep paying for it if they lose the AA contract.
April 21, 2003
To: All TWU AA Members
Dear Sisters & Brothers,
Last week I sent a message to all members stating that, by failing to disclose to us that it had intended to provide special retention bonuses and fund its supplemental pension plan in bargaining, American was guilty of a material breach of its obligation to provide relevant information.
The basic premise to the modifications we made to our agreements was clear and was recited in each agreement - "the modifications to the TWU agreements described have been negotiated in good faith by the Company and the TWU on the basis of the best information currently known to the the Company with the intent to avoid reorganization under Chapter 11 of the Bankruptcy Code..." The Company's conduct has called this basic understanding into question and, in my view, tainted the ratification process that led to these agreements. Because of this, and after consultation with President Sonny Hall and the TWU International Administrative Committee, TWU has decided to resubmit the proposed agreements to membership vote. In that the ratification procedures used to reach agrementby Arpil 15th were authorized by unanimous vote of the President's Council only on a one-times basis, we will utilize the normal mail ballot procedures in the Presidents's Council By-Laws for the re-vote, or by other means the Council believes can expedite the process.
We continue to have the gravest concern about the possibility of a bankupcty filing and its impact on our members. In every instance I know of consenual agreements reached out of bankruptcy are substantially fairer to employees than those reached in the bankruptcy process uner the threat of possible contract rejection. Nevertheless, in order for these agreements to accomplish their purpose they must be credible. The only way to assure credibility is to allow a full re-vote with the full membership knowledge of all relevant company actions.
Sincerely and Fraternally,
/s/James C. Little
Director Air Transport Divsion
http://local530.twuatd.org/Archives/Archives.htmAnd each of you should always archive that which the TWU submits for your viewing. They always seem to remove and/or delete these type of items from member available archives.
The money doesnt belong to the members, its belongs to the union, you pay them as a condition of employment, that is why there are restrictions on how dues money can be spent.The local pays the mortgage to the international, who wrote the loan. If the local was to go away, the international would get the building and keep the cash. It would make for a interesting legal challenge against them because any surplus should rightfully belong to the members, since it wasn't spent on union activities.
<_< ------- Hey NY! The Local should have thrown one Hell'va party before it folded! Local 530 is in the same position! Will Local 530 do that?---------NO!!!They wouldn't do a thing like that!The money doesnt belong to the members, its belongs to the union, you pay them as a condition of employment, that is why there are restrictions on how dues money can be spent.
I belonged to a local the ceased to exist as the plant was closed, all the money in the bank went to the International.
Care to offer a dollar value for the AMP crowd so they have and idea of what they will have to mortgage to fund their representation....There sure wont be any funds available from Local 514 because that money will belong to Fleet Service if the AMP gets their way...But that is a future topic of discussion...LOL
<_< ------- What do you mean "wouldn't let us"?------ Screw them! What could they do to you, you were going out of business anyway! :huh:Actually we were, the International got wind of it and wouldnt let us.
<_< ------- What do you mean "wouldn't let us"?------ Screw them! What could they do to you, you were going out of business anyway! :huh:
I would care to offer a number 70% thats what the intl takes right off the top of our dues. Now if we go AMP we keep 100% of our money you care to tell me what you think that will pay for, 514 has millions in the bank and that is only keeping less than 30% of our dues a rough calculation of dues is about 800,000 a month if store joins us thats 1.6 million after just 2 months.
As far as halls go at first we will use offices and rent a space for a meeting, after the first elections we will address the issues of buying property. Do you suggest we do it like the TWU intl, at 565 the intl bought the building and loaned the local money to get started now out of our 30% we pay them a mortgage plus interest I heard fairly high interest but my favorite part is after we pay it off in 30 years the intl owns it thats right we don't even own it after we pay for it. is this the way it works at 514?
I think paying lawyers if needed will not be a issue try again!
_______________
Correct me if I am wrong here but these appear to read per the
AMP Consitution that the Local receives 25% of dues back from the National
and under the
TWU Constitution the Local keeps 70% of the dues.
aapitbull, I cannot locate in the AMP Constituion a verification of your claim that the Local keeps 100% of the dues money if we go AMP. The way I read the AMP Constitution, all dues go to the National and 25% comes back to the Local. Of course the Board of Directors can increase this amount.