December 7, 2000 Minutes
Meeting call to order at 3:15 PM.
Members present: Tim DeGhelder, Debbie Tomich, Jim Ottomeyer(4:15),
Lorna Frahm, and Bob Houck,
Public Comments- none
Motion by Lorna Frahm to accept minutes from October 12th, 2000.
Second by Debbie Tomich
Motion passed
Financial report given by Bob Houck- Information given about all investments, note that market is fluctuating. Remember long term growth.
Jane Householder Scholarship has $1601.00
Barb Middlebusher donations totaled $360.00
Motion to accept financial report by Lorna Frahm
Second by Tim De Ghelder
Motion passed
Staff report- Bob Houck
Listen 2000 (our current OPAC system) is a licensed product which can be used by other libraries for a fee or purchase. Libraries showing interest in the product. IT looking into running the program from a local LAN or web network.
New Administration Building coming along
Winghaven actually has a floor plan- wow.
Tim De Ghelder showed web page to board members-
Lorna Frahm made suggestion to show how the foundation is supporting current projects. (how money is being spent)
Motion made by Lorna Frahm to expend $500 on magazine covers for the magazine sponsorship program.
Second- Debbie Tomich
Motion passed
Motion made by Jim Ottomeyer to adopt St. Charles City-County Library Foundation Investment Policy-
Second Tim De Ghelder
Motion passed-
Motion made by Lorna Frahm to appoint Jim Koetting as Treasurer
Second Jim Ottomeyer
Motion passed
Review of Proposals- Bob Houck recommends Firstar- they met all the requirements from the beginning, 1% commission and local. Board looked at submitted bids for service.
Motion by Tim De Ghelder to adopt Firstar as financial manager of funds (registered agent of funds) and allow Bob Houck to be an authorized signature (agent) for the account.
Second Jim Ottomeyer
Abstain Lorna Frahm
Motion Passed
Next meeting set for February 1, 2000 at 3:00 PM at Spencer Road
Motion made by Tim De Ghelder to Adjourn
Second by Lorna Frahm
Motion passed
Meeting adjourned at 5:00 PM
