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Vaughan Fund Minutes 10/14/2014

Vaughan Fund
October 14, 2014
 
 
Chairman David H. Webster called the meeting to order at 6:30pm.  Trustees present included Gerald W. MacPherson, Sr., Jean Demetracopoulos, John C. Kareckas, and Russell H. Abell.  Town Manager Perry Ellsworth was also present.
 
Approval of Minutes
 
1. 09-23-14:  On a motion by Mrs. Demetracopoulos, seconded by Mr. Kareckas, it was unanimously voted to adopt the minutes as written.
 
New Business
 
1. On a motion by Mr. Abell, seconded by Mrs. Demetracopoulos, it was unanimously voted to release the $4,500 granted to the Marshwood Ski Team Boosters for racing suits as voted by the Trustees on March 25, 2014.  (The requirement that the ski team raise the remaining funds has been met.)
 
On a motion by Mr. Kareckas, seconded by Mr. Abell, it was unanimously voted to withdraw the $4,500 through Ryan Hale at LPL Financial/Kennebunk Savings Bank.
 
ADJOURNMENT
 
On a motion by Mrs. Demetracopoulos, seconded by Mr. Abell, it was unanimously voted to adjourn the meeting at 6:35pm.
 
 
 
Attest:
  
 
Barbara Bennett, CCM
Town Clerk