MINUTES
HANCOCK LIBRARY BOARD OF TRUSTEES
January 23, 2013
Present:
Mary Garland, Amy Markus, Laurie Bryan, Peter Ryner
The
meeting was called to order at1 pm.
The
November 28, 2012 minutes were approved.
The
Treasurer's report was approved.
MS 9
reports were signed by all members of the Board.
Amy
reported that recently the Library has been exceptionally busy. She briefly reviewed Library activities.
The
Board voted to formally accept an anonymous gift of $5,000.
After
some discussion the Board voted to continue to utilize the Bank of America for
management of the Hancock Town Library Trustee Investment Fund and the Walter
Clark Fund, and Amy was requested to invite a representative of the Bank of
America to the next regular meeting of the Board for purposes of reviewing
investment strategies for funds under the direct supervision by the Library
Board of Trustees.
The
Board reviewed a draft 2012 Library Annual Report and after brief discussion approved the text
and asked Amy to forward the report to the Town Clerk.
The
Board then proceeded to conduct a line by line review of revised Investment
Policy Guidelines dated January 23, 2013.
After some minor modifications the Guidelines were informally approved,
and it was agreed that the Board would formally adopt them at its next regular
meeting in February.
Mary
Garland provided an update on potential costs of having a new building sign
prepared for the Library. After
discussion the Board requested that Amy have the seriously deteriorated wooden
building sign removed when conditions allow, and that for now that sign would
not be replaced; the existing free-standing sign being sufficient. It was also observed that the free-standing
sign would need to be replaced in the next year or two. The Board thanked Mary
for her extensive research on this matter, and Amy was asked to store the
information that Mary had collected, should it be needed in the future.
It was
agreed that the next Library Board of Trustees meeting will be on Wednesday,
February 27, 2013 at 1:00 pm.
Submitted
by Peter Ryner
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