Trustees present: Dowse, Carlson, and Huntington
Chair Dowse called the meeting to order at 11 A.M.
The minutes of the July 30 meeting were approved as mailed.
VOTED to confirm the following expenditures previously approved by telephone:
$200 from Cemetery Expendible to buy back a cemetery lot
$8,848 from Helen Brown Fund for fire dept. personnel equipment
$1,350 from school support funds for a resident artist, Rick Davis, four days and an evening, of circus skills instructions, in January
$3,074 from school support funds for a Fourth Grade white board. School has white boards for grades 1, 2, and 3.
Though not necessary under full discretion authority, Bank of America has requested approval of shifting $20,000 in Expendibile cash to Columbia Short Term Bond Fund to increase yield and all of the Common Fund Large Cap Index Fund to a Spyder ETF. (Google has a good explanation of why)
Dowse will confirm our approval.
Dowse will confirm with Rick Simpson that Cambridge Trust proposal will not go forward.
Meeting adjourned at 11:30 AM.
J.E Carlson, secretary