Hudson Area Public Library District Board of Trustees met March 14.
Here are the minutes provided by the board:
The Meeting was called to order at 6:34p.m by President Rinda. Board Members present are: Dianne Feasley, Nancy Rinda, Ronda Hess, Kevin Segerstrom, Erin Corin and Gwyn Whitacre. Director Jenny Losey and Efficiencies Committee Member Micah Birky were also present. We had enough for a quorum.
Dianne made a motion to accept the minutes of the last meeting as presented.
We then suspended this meeting and switched to the Efficiencies meeting at 6:36p.m.
That concluded at 6:40p.m. Micah Birky left at this time.
Jenny reviewed the Director's report.
Treasurer's Report - A motion was made by Gwyn to accept the Monthly Expense Report as presented. We reviewed the Year-to-Date Financial Report.
Erin and Dianne will be on the Budget Committee.
There was no Secretary's Report.
President's Report - Nancy reported that she attended the town meeting regarding the town's TIF Funds.
Old Business - We continued discussion of the business insurance. The is an insurance company that caters to libraries LIRA - Libraries of Illinois Risk Agency. The application is being completed. Discussion is tabled until we hear back.
The discussion about using a building consultant is tabled until Fall. Jenny wants to make changes in the furniture arrangement to manage space better and other changes before we get involved with a building consultant.
New Business – We discussed investing some of our Special Reserves money and some of our IMRF funds. Dianne made a motion to put $100,00 of the Special Reserves in a 12 Month CD and to put $25,000 of the IMRF Funds in a 12 Month CD. Seconded by Gwyn.
We reviewed the Assistant Salary Schedule and we discussed the recommendations from HR Source.
https://hudsonarealibrary.com/wp-content/uploads/2023/04/signed-minutes-03-2023.pdf
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