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BOARD OF GOVERNORS <br />------------------ <br />BIG_19LAND_V�TEkANS_CAMP <br />NOTe A: <br />Authorization- Thy BOARD OF GOVERNORS - RTC ISLAND VETERANS <br />CAMP was created by action of the Minnesota L-gislature. The <br />authority is embodied in Chapter 152 of tho 1,.►ws of Minne­;(r,A <br />for 1985. The BOARD is not a state agency. Th( Department of <br />Administration trRnsferr"d the title of the property to the <br />.'OARD OF C VERNORS on November 2, 1•485. The Camp was not <br />operated in 1986 and 1987 due to re�trirtions placod upon the <br />facility by the City of Ororo. The expenses represented in <br />these staten►Ant.. ►nrludo mater alG and machinery necessary ►.o <br />commence compliance with the governmental requirements, The <br />Art further providA:=, "thA transfer nifist ir►c lode al 1 equipment <br />and nonstAte funds. currently under control of the Commissioner <br />of Veterans Affair:: and for li_ze in cone?ction with the Camp <br />Accordingly, the 'hate transferred $29,400.93 to the BOARD OF <br />GOVERNOR+ in 19RS. <br />NOTE B; <br />Talx__5tgtJus- The BOARD OF GOVERNORS - BIC ISLAND VETERANS CAMP <br />w'.5 recognized by the internal Revenue Service on November 27, <br />i 185 as an "Nxempt " orcari i zat i on tinder - t i on 501 I r ) t y of <br />the Internal Revenue Cod". On May 21, 1986 the STATE OF <br />MINNESOTA Oppartment o' iN rero,),nizod the or as <br />"exempt" under Minneso- tts, Section :'90,05, Subdivision <br />1. <br />N0Ti C: <br />Memnrrltip- 1tie BOARD OF' GOVERNORS - BIG ISLAND VETERANS VAMP <br />LiiK_N1NNSTONKA supervise` and manages the Camp. 'The act <br />ztat#5 a nine member board, howevi-r, provision was only Rude <br />to Appoint eight members,) Two memr�ers are appointed by the <br />state IPVel organi -atior of tho Amer►can Log ion, the Ili sabled <br />American War Veterans, the Military Order of the Purple Heart <br />and the VeteranR of Yore ign Wars provide•1 chat at least two <br />appo►nt*eK are Vietnam Veterans. <br />MOTIF D: <br />F},t 11_YeIE- The by-laws adopted by the organization prov,ie <br />for a fiscal year commencing October 1st and ending September <br />30th eArh year. <br />NOTF; X <br />Qthgr_EVCgg- This report covers the Operating Fund. The BOARD <br />OF GOVERNORS if also in charge of land, buildings and <br />equipment which wris tranusf erred on November 2, f 9N5 , M <br />reprPaentations of these iteins are included in this report, <br />