I'd like to hear a reason to not sell the building. It sounds reasonable to sell the building to reduce costs.
My very first reaction was "No! It is the ACA Headquarters." Then I had some thoughts like you. I posted several questions here and on BikeForums.net asking for a response. In the meantime however, after looking into it a bit, their reasons didn't add up. Selling then leasing back doesn't appear to reduce costs that much, if at all, but does give a massive cash inflow, one time. Additionally, their "plan" is very vague and worse they have cowardly hidden from responding to reasonable questions.
From what I can tell, they hope to sell the building, use the net proceeds (probably closer to $2.2 million to fund the current lifestyle in the hopes that Association turns around. If they can, great. However, if they don't they have wasted all of that money for over-inflated salaries and un-needed items. I have asked probably a dozen or more questions and only a few very easy ones (will the Special Meeting be recorded for playback) have been actually answered. Only a few more have been responded to but really did not say anything of substance.
It is the lack of almost ANY response that has moved me in to the very firm No camp. If everything was so great, why not comment on it? What are they hiding? To me, the silence is deafening in their skill set to adequately manage ACA. What few questions were answered were at best, vague and didn't answer the questions and at worse providing outright lying responses with their numbers. Yet the 3 "executives" with combined salaries over $400k with benefits, can't even answer the questions from its members.
By NOT selling, it forces ACA management to greatly cut costs, start actually providing what members want, and/or close the Association. Worst case, if they close the Association, ACA can provide other groups like Bikepacking.com, LAW, etc., with some donations. To give a layman's analogy, this is like selling your paid for personal home, then leasing it back, just so you can continue to spend the way you want for the next few years. But then when that money runs out, you are out of a home, literally, and still have to make drastic cuts so you can survive. Why not try to focus on cutting costs instead of just "borrowing your way out of debt".
Remember, it is this board and its immediate predecessors that have taken ACA from almost 50k members to less than 19k in just a few short years, all why blaming it on "aging out" members. Why support the same type of board that wants to do the same thing. I think only 3 of the 14 Board Members and Executive Staff were here prior to 2020 when all the rapid decline began. If you REALLY trust them to turn it around after they have had 4-5 years, vote Yes. If not, vote No.
Feel free to ask more question. At least we will answer even if to say we don't know the answer.