RLF Committee

060214_rlf.pdf (39 KB)

Members present:        Tommy Lee Bychinski, Joan Fordham, Tom Fleming, Pat Yanke, Jack Schluter, Julie Alibrando, Myron LaRowe

Members absent:          none

Others present:             Kathy Schauf, Shawna Bongard, Brooke Hill

The meeting was called to order and certification of Open Meeting compliance was given at 10:30 a.m.

The agenda was approved on a motion by Schluter , second by Alibrando.  Motion carried.

Election of officers.

Motion by LaRowe, and second Schluter, to nominate Tommy Lee Bychinski, for Chair.  Motion by LaRowe , to close nominations and cast a unanimous ballot for Tommy Lee Bychinski.  Motion carried.

Motion by Alibrando, and second Yanke, to nominate Myron LaRowe, for Vice- Chair.  Motion by Yanke, to close nominations and cast a unanimous ballot for Myron LaRowe.  Motion carried.

Motion by Bychinski, and second LaRowe, to nominate Jack Schluter, for Secretary.  Motion by Yanke, to close nominations and cast a unanimous ballot for Jack Schluter. Motion Carried

The minutes of the prior meeting were approved on a motion by Yanke , second by Fordham .  Motion carried.

Public Comment  None

Communications  None

Motion by Fordham  second by Alibrando,  to move into closed session pursuant to Wisconsin Statutes Section 19.85 (1) (f)  "Considering financial, medical, social or personal histories of disciplinary data of specific persons, preliminary consideration of specific personnel problems or the investigation of charges against specific persons except where par. (b) applies which, if discussed in public, would be likely to have a substantial adverse effect upon the reputation of any person referred to in such histories or data, or involved in such problems or investigations.”  Discussion of loan requests. Motion carried:  Ayes: Bychinski, Fordham, Fleming, Yanke, Schluter, Alibrando, LaRowe.

Motion by Fordham second by Schluter to reconvene in open session immediately following the closed session. Motion Carried. Ayes: Bychinski, Fordham, Fleming, Yanke, Schluter, Alibrando, LaRowe.

Motion by Fordham second by Alibrando  to award $200,000 to Peek-A-Boo Daycare.  Motion carried.

Consideration of amending ratio of loan amount per job created from $20,000 to $35,000

Amount is stipulated in the manual.   Currently it is at $20,000.  $35,000 is the limit set by HUD.   This item will be discussed further at the next committee meeting.

Next Meeting date TBD, Agenda Items: Consideration of amending ratio of loan amount per job created from $20,000 to $35,000

Motion by LaRowe, second by Yanke, to adjourn.  Motion carried.

Respectfully submitted,

Jack Schluter

Revolving Loan Fund Committee Secretary