Management Advisory Committee (MAC) Charter
The Board of Directors of River Bend Membership Corporation has authorized the formation of a committee that will herein be known as the Management Advisory Committee. The (MAC) Management Advisory committee was formally adopted by the Board of Directors on this day, June 10, 2017. This committee was formed at the request of the membership and shall operate at the will of the Board of Directors, and under all regulatory guidelines as outlined in the RBMC bylaws and West Virginia State code. The objectives and duties of this committee are described as follows……..
The primary objective of this committee will be to continue the ongoing effort to present the membership with a proposal for a professional management company to manage the day-to-day operation, and general affairs of River Bend Membership Corporation, as voted on by the membership on June 13, 2015.
The (MAC) will resume negotiations with The Property Management People (PMP), the preferred bidder, and will review all aspects of their proposal, During this process, the Management Advisory Committee will hold at least one (1) planning meeting each month open to the entire membership. The committee will also consult with the RBMC Treasurer and Finance Committee in developing a plan to facilitate the funding of the proposed contract. Any meeting called for this purpose will be conducted by the Management Advisory Committee, under the direction and consent of the RBMC board of directors.
The Management Advisory Committee will present the membership with the final proposal to be voted on at the RBMC annual budget meeting, scheduled for October 14, 2017.
Should Riverbend Membership Corporation enter into a contract with PMP to manage the affairs of the Park, the Management Advisory Committee would be tasked with periodically reviewing the progress and efficiency of their management, as well as assessing the impact to RBMC and its members. At the will of the board of directors, the (MAC) Management Advisory Committee will continue to monitor and evaluate the performance of the management company, and make any necessary recommendations to the board of directors.