1. The President has advised the Board of Directors (the "Board") that certain depreciable capital assets acquired by Wikimedia DC in 2012 and enumerated on the Form 1023 submitted by Wikimedia DC to the Internal Revenue Service (the "Assets") have been fully depreciated; and, further, that the Assets are no longer in use by Wikimedia DC and that retention of the Assets is not necessary for the furtherance of Wikimedia DC's charitable purpose.
2. The President shall be authorized to dispose of the Assets, and shall report to the Board regarding said disposal no later sixty (60) days following the adoption of this resolution.
The following text is not part of the proposed resolution: