NOVEMBER 24, 2008 Minutes of the Special Meeting

ANN ARBOR DISTRICT LIBRARY BOARD
343 S. FIFTH AVENUE, ANN ARBOR, MI
MINUTES OF THE SPECIAL MEETING
MONDAY, NOVEMBER 24, 2008

09-114 I. CALL TO ORDER

President Head called the meeting to order at 9:31 a.m.

09-115 II. ATTENDANCE

Present: Head, Leary, Murphy, Barney Newman (arr. 9:49 a.m.), Stearns, Surovell (arr. 9:40 a.m.)
Absent: Rosenthal
Staff: Choate, Neiburger, Nieman, Parker, Wilson (recorder)
Others: Jim Adams, Butzel Long

09-116 III. VOTE FOR EXECUTIVE SESSION FOR DISCUSSION OF REAL ESTATE MATTERS & OPINION OF COUNSEL
(Item of action)
Roll call vote

Secretary Leary, supported by Trustee Stearns, moved to recess to an Executive Session for discussion of real estate and opinion of counsel.

A roll call vote was taken.

AYES: Head, Leary, Murphy, Stearns
NAYS: None

Motion passed 4-0.

09-117 IV. RECESS TO EXECUTIVE SESSION FOR DISCUSSION OF REAL ESTATE MATTERS & OPINION OF COUNSEL

09-118 V. RECONVENE REGULAR MEETING AT 10:15AM

President Head reconvened the meeting at 10:12 a.m.

09-119 VI. DISCUSSION OF DOWNTOWN BUILDING PROJECT

The Board discussed the wisdom of continuing the Downtown project and considered legal counsel’s opinion regarding the significant negative impact on bond markets with the downturn in the economy.

Secretary Leary, supported by Vice President Barney Newman, moved that the District Library hereby suspend work on the Downtown Library Building Project.

A roll call vote was taken.

AYES: Head, Leary, Barney Newman, Murphy, Stearns, Surovell
NAYS: None

Motion passed 6-0.

After a discussion of the timeline and work completed to date, the Board concurred that this is a good point at which to suspend the Project because the Library can use the comprehensive information obtained from the work to date. That information will enable the Library to identify and prioritize actions needed to keep the present Downtown facility in the best possible condition.

09-120 VII. ADJOURNMENT

Vice President Barney Newman, supported by Secretary Leary, moved to adjourn the meeting.

President Head adjourned the meeting at 10:23 a.m.