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Dear Members,
The Election Board declares that the majority of members voted “Yes” in favor of the question: “Shall the officers of the Musicians’ Club of Los Angeles (the “Club”) be authorized to sell the Club’s real property – located at 817 Vine Street, Hollywood CA 90038 – for not less than Twenty Two Million Dollars ($22,000,000.00) to the successful highest bidder?” Yes: 2,581 No: 669 The “Yes” votes received exceeds the 50%-plus-1 requirement for the sale to be approved. The Titled Officers, Executive Board and Building Committee will keep the membership informed and report on next steps for the process of selling the Vine Street property and moving headquarters. Thank you to all who participated and voted in this referendum. – Local 47 Election Board |
AFM Local 47 / Musicians’ Club of Los Angeles
817 Vine Street Hollywood, CA 90038 323.462.2161 www.afm47.org |