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HomeMy WebLinkAbout2001-04-25 Celebration Trust Committee MinutesXllllutes llr the JJVt }r LC1CUrathorl 1 r list April 25, 2001 �%ml to Order T40 PM April 25, 2001 In attendance: Mark Cardono, chairperson Bill McLaughlin, Member Kurt Habel, Member Everett Blodgett, Member Frank Kyle, Memeber Discussion of how to handle seed money. This refers to the Reading Summerfest Application, where they give out their profits to other groups. If there are profits, they are given to other groups. This constant taking from the fund will eventually drain the account. We would like to keep the trust going for future town wide events. Frank Kyle made a motion to give seed money, in the amount of $1,000.00, to Reading Summerfest with the stipulation that the seed money of $1,000.00 be returned to the Celebration Trust prior to the disbursement of any donations. Kurt Habel 2nd Vote 5 -0 -0 in favor of the grant. Discussion of Coolidge Gardens Committee application. The only part of their event that seemed to fit the trust guidelines, was the reception. Habel made a motion to fund the Coolidge Gardens Committee for the reception of the Garden tour of Reading, in the amount of $225.00. If the event does not go on, the money. ($225.00) will be retuned to the Celebration Trust. Bill McLaughlin 2nd Vote 4 -0 -1 in favor of the grant. Everrett Blodgett Abstained. Everrett Blodgett made a motion to make an amendment to the Reading Summerfest funding, that if the fireworks do not go on, the seed money ($1,000.00) will be returned to the Celebration Trust. Kurt Habel 2"d Vote 5 -0 -0 in favor of the amendment Discussion of the missing $7,000.00 from the Millenium Celebration. $5,000.00 was held back by Celebrations, Inc. in case any surprise bills came due. There was also a grant that Celebrations, Inc. applied for $2,000.00 from the Cultural Council ?. The money was to cover some production at the Millennium Event. We would like to find out what happened to the $7,000.00. Charlie Peacock is the current Treasurer of Celebrations, Inc. Kurt Habel will contact him so that we can see the Celebrations, Inc.'s books. Adjourned 8 :23 ® f� i /tf, 2 G