Whereas, the Cornell Capital Club (CAP) has an annual allocation of $1000 from the Student nActivities Funding Commission (SAFC),
Whereas, the Cornell Capital Club seeks funding for the Cornell Capital Club Trek, an experience allowing students to visit top consulting clubs like Goldman Sachs and Morgan Stanley,
Whereas, the total cost of the Cornell Capital Club Trek is $9700,
Whereas, Part B: Special Projects Funding, Section 1, of the Standing Rules reads:
"The Student Assembly may choose to fund any project, program or service through the Assembly Special Projects that it deems to improve the quality of undergraduate student life. Special Projects funding is a type of category spending."
Whereas, the Cornell Capital Club complies with Part B: Special Projects Funding, Section 2, subsection a, of the Standing Rules as a Cornell registered student organization,
Whereas, Part B: Special Projects Funding, Section 5, of the Standing Rules reads:
"Requests $2,500 and over shall be decided upon by a majority vote of the Executive Board and confirmed by a majority vote of the Student Assembly, at large. The Assembly, at large, is only required to confirm requests of $2,500 or greater. The request should be presented to the Student Assembly in the form of a resolution."
Be it therefore resolved, the Student Assembly approves the $5000 disbursement from the Student Assembly Special Projects Funding Account into the account of the Cornell Capital Club.
Respectfully Submitted,
Hayden Watkins
Vice President for Finance, Student Assembly