City of Carlyle Finance Committee met Dec. 23.
Here is the minutes provided by the committee:
The meeting was called to order by Chairman Don Perez on Monday, December 23, 2019 at 6:30 p.m. at Case Halstead Library located at 550 6th Street, Carlyle, IL 62231. Committee members present included Don Perez, John Hodapp, and Kent Newkirk. Others present included Mark Hodapp, Sunny Tut, Julie Huelsmann, Logan Speiser, Shannon Petrea, Rita Jurgensmeyer, Dave Miller, Andy Brackett, Mayor Judy Smith, and Martha Reinkensmeyer.
After reviewing the minutes from December 9, 2019, Kent Newkirk made a motion to approve the minutes. John Hodapp seconded the motion. After a voice vote, all were found in favor.
The first item on the agenda was the approval of claims. After reviewing the claims, John Hodapp made a motion to approve the claims. Kent Newkirk seconded the motion. After a voice vote, all were found in favor.
The second item on the agenda was the Revolving Loan Fund for Tut Properties. Andy stated that EDC recommended giving a $250,000 loan to Tut Properties. Joe Heiligenstein prepared a mortgage note and an ordinance for the loan; however, a couple of changes need to be made. According to what Joe prepared, the City would be taking a forced mortgage on the property, but the bank providing most of the loan should be in first position for the loan and the City would have second position. Also, Sunny Tut’s name should be added as an individual signature. Andy stated that he would get with Joe Heiligenstein to ensure that the changes are made. No motions were made.
The third item on the agenda was old business. Kent Newkirk asked if there had been any interest in the empty lot downtown. Andy stated that he had recently spoken with an interested party.
There was no new business.
There were no any other comments.
There were no public comments.
The Committee did not enter executive session so there were no executive session items on which to vote.
With no further business to discuss, John Hodapp made a motion to adjourn. Kent Newkirk seconded the motion. Finding all in favor, the meeting was adjourned at 6:35 p.m.
https://go.boarddocs.com/il/carlyle/Board.nsf/Public
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