HomeMy WebLinkAboutMin - LB - 2010.10.26 BURLO NO�Mf
Library Board of Trustees Minutes
October 26, 2010
I. Call to Order
President Griffith called the meeting to order at 5:30pm.
II, Roll Call
Trustees Present: Betsy Corcoran, Deborah Griffith, Katie
McCormack, Lisa Rosenthal, Sandy Towle
Staff Present: Pat Harding, City Librarian
Sidney Poland, Recorder
Foundation: Susan May, President
Guest Jeff Griffith
Silicon Valley Community
Foundation Representatives Michelle Fries and Bert Feuss
III. Trustee Board Minutes September 21, 2010
The Trustees unanimously approved the September 21, 2010
minutes. M/S/C (Corcoran/McCormack)
IV. Silicon Valley Community Foundation Presentation
Michelle Fries gave a historical overview of the Silicon Valley Community
Foundation and the Rodger and Jean Hunt Duncan Fund. The Duncan
Fund was established in 1980 to provide additional income to the
Burlingame Library as a supplement to tax revenue from the City. Upon
the sale of the property in 1990 to the City of Burlingame, proceeds from
the sale were invested in fixed income securities. Grant requests must
be submitted by the City Librarian and the Trustees for approval by the
Foundation's Distribution Committee.
Bert Feuss, Vice President of Investments,.discussed the investment strategy
for the.Roger and Jean Hunt Duncan Fund. He reviewed the July 1, 2010
4 through-September 30, 2010 statement for the Duncan Fund and encouraged
the Trustees to contact him if they have any further questions. Bert noted that
the Foundation is holding an investment briefing of all funds on November 10th
which is open to all of their clients.
V. Correspondence and Information
Library Statistics
Trustee Corcoran noted that she had met with Barry, Pat and Sidney to
begin discussions on ways to revise the format of the monthly statistics"
and make them a more effective and useful tool for the Trustees.
VI. From the Floor (Public Comments)
No one from the public attended.
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VIL. Reports
A. City Librarian's Report
Millennium Project Planning- Pat reviewed the time line for this project.
Wayne Gehrke and Andrea Wills of Group 4, a Foundation member, Betsy
Corcoran of the Library Trustees and Phil Monaghan of Public Works will serve
on the Project Management Team. Staff members serving on the Staff Advisory
Board will be Linda Santo, Amy Gettle, Kathy.von Mayerhauser, Barry Mills
and Sidney Poland. On November 23rd the Staff Advisory Board will meet at.
1Oam and the PMT will meet at l lam.
B. Foundation Report
Foundation members are busy preparing the fall newsletter and finalizing the
details for the Children's Tea which will be'held at the Easton Branch Library
on Sunday December .
5
VIII. Unfinished Business
Employee Achievement Event
The Trustees approved the contract with.the Doubletree Hotel for the
Employee Achievement Awards dinner to be held January 23rd. Trustee
Griffith requested that a "Save the Date" e-mail be sent to staff. .
IX. New Business
Cancellation of December 2010 Meeting
The Trustees unanimously passed the motion of Trustee Corcoran to cancel
the December 2010 Trustee meeting due to lack of officialbusiness. M/S/C
(Corcoran/Rosenthal)
X. Adjournment
The meeting was adjourned at 6:45pm M/S/C (Corcoran/Rosenthal)
The next meeting of the Library Trustees will be held November 16, 2010 in the
Library Conference Room at 5:30pm.
Respectfully Submitted,
Patar
City Librarian
Library Board of Trustee Minutes October 26,2010 2