Construction Education Trust

“The following are the material changes to the trust agreement of the construction education trust that were effective january 1, 2019. 1) preamble. The "effective date" of the revised and restated trust agreement was set as january 1, 2019. 2) article i, section 2. Purpose the following language was added. "the purpose of such apprenticeship and other training programs is to improve and develop the capabilities of the individuals who enroll in them, and to benefit the community by expanding the available pool of skilled labor, by providing greater employment opportunities, by improving work place safety, and by enhancing the quality of work in the construction industry throughout southeast michigan." 3) article ii, section 1. Participation agreement. Eliminate the requirement that participating employers are "obligated to make contributions to the trust". 4) article ii, section 5. Participating employee. Revised employee requirements to enter into a written apprenticeship agreement with employer. 5) article ii, section 6. Participating employer. Added the following language. "the association also may be a participating employer for the purpose of sponsoring any individual who may potentially become an employee of a participating employer." 6) article ii, section 10. Apprenticeship committee. Rename the apprenticeship committee the education committee. 7) article iii, sections 1. The trustees. The following was added, "the majority of the trustees shall be individuals who are principles or employees of employer members of the association". 8) article v, section 6. Collection of contributions. Add language to allow trustees to exclude students on the basis of unpaid contributions "tuition". 9) article vi, section 3. Action without a formal meeting. Add language allowing consent resolutions in lieu of a meeting. 10) article vi, section 5. Officers. Add vice chairman as an officer. 11) article vi, section 8. Authorized signatures. Added language delegating the signing of legal documents and negotiable instruments to the president and ceo of the association.”

“Trustees of cet shall have one vote on any matter that comes before the trust. Trustees shall serve a one year appointment comencing upon july 1 of the calendar year and may be reappointed. The board of trustees shall elect officers with the title of chariperson, vice chairperson, secretary and treasurer. These positions shall be fulfilled from the body of the board of trustees.”

“A copy of the tax return is reviewed at the monthly board meeting before it is filed.”

“In any matter where there might be a conflict between the interests of the volunteer leader and cet, the volunteer leader should disclose this possible conflict to the group on which he/she serves and recuse him/herself from voting on such matters. Should any person, volunteer or staff, serving on such a group be aware of a potential conflict of interest that a volunteer leader fails to disclose, he/she must raise issue to the attention of the entire group.”

“A copy is available on a desk in the front office.”