Special Meeting Minutes – January 16, 2020

Minutes

 Special Meeting of

  The Marion Park District

    Board of Commissioners

   January 16, 2020

  5:15 p.m.

  Boy Scout Cabin

 Special Meeting Minutes

1.         Call to Order

Commissioner Gott called the Special Meeting of the Marion Park District to order at 7:10 p.m. with the following Commissioners present:

Commissioner Gardiner

Commissioner Sheffler

Commissioner Welch

Commissioner Gott

Commissioner McReynolds was absent for the Special meeting.

2.         Open Forum

            There are no public attendees at the Regular Meeting and no discussion items.

3.         Approval of January 16, 2020 Agenda

Commissioner Gardiner made a motion at 5:27 p.m.; seconded by Commissioner Sheffler to approve the January 16, 2020 agenda.  Roll called.  Motion carried with unanimous vote.

4.         New Business

a. Discuss / Approve rescinding November 19, 2019 new business item 10g, transferring $700,000 to Illinois Funds. 

Commissioner Gott explained to the Commissioners present that the Marion Park District was approached by Tracey Glenn and Franny Crawford with a proposal to keep the Marion Park District’s business with a Public Interest Checking account and the proposal had been sent to the Commissioner’s prior.  This meeting was called for the approval of the proposal.  Commissioner Gardiner stated that he had spoken to Commissioner McReynolds and they discussed asking Peoples National Bank to match the interest rate of Illinois Funds.  Commissioner Gott stated that this proposal was a good proposal and there would only be .25% loss of interest.  Commissioner Gardiner stated he agreed but thought it would still be a good idea to ask Peoples to match the interest rate. 

Commissioner Gott stated that since Commissioner Gardiner and Commissioner McReynolds have discussed the item it would be a good idea to table the items until the meeting on January 28th to discuss it further.  Commissioner Gott can also get with Peoples National Bank for a counteroffer of the interest rate. 

Commissioner Welch made a motion at 5:36 p.m.; seconded by Commissioner Sheffler to table rescinding November 19, 2019 new business item 10g, transferring $700,000 to Illinois Funds.  Roll called.  Motion carried with unanimous vote.

b.   Discuss / Approve establishing a Public Interest Checking account with Peoples National Bank per their January 8, 2020 proposal. 

Commissioner Sheffler made a motion at 5:36 p.m.; seconded by Commissioner Gardiner to table establishing a Public Interest Checking account with Peoples National Bank per their January 8, 2020 proposal.  Roll called.  Motion carried with unanimous vote.

5.         Next Meeting Date:  January 28, 2020

6.       Adjournment

Commissioner Welch made a motion at 5:37 p.m.; seconded by Commissioner Sheffler to adjourn the Special meeting of the Marion Park District.  Roll called.  Motion to table with unanimous vote.

In accordance with the provisions of the Americans with Disabilities Act, any individual who is in need of a reasonable accommodation in order to participate in or benefit from attendance at the public meeting of the Marion Park District Board of Commissioners should contact Jack Reed, Director at 618-993-3940.