VILLAGE OF STANFORD

100 W. Boundary

Stanford, IL 61774

PRESIDENT AND BOARD OF TRUSTEES

Saturday, November 3, 2007

SPECIAL MEETING MINUTES

Minutes of the Special Meeting of the President and Board of Trustees of the Village of Stanford, held at the Stanford Village Hall at 7:45 a.m.

1.	ROLL CALL: Present: 4 - Trustees Eric Geurts, Jake Knobloch, Natasha Owen,

George Singley

Absent: 2 - Trustees Nydra Owen and Michelle Westerhouse.

Also present: President Campbell and Treasurer Carrie Jassman.

2.	NEW BUSINESS:

A.	Trustee Geurts moved, seconded by Trustee Singley, to authorize

President Campbell to sign the purchase agreement for a 2007 GMC TC5500 4x4 maintenance dump truck with plow and spreader for $66,021.00 from Quality Truck & Equipment.

On roll call the vote was:

AYES: 4 - Trustees Geurts, Knobloch, Natasha Owen and Singley.

NAYS: 0

ABSENT: 2 - Trustees Nydra Owen and Westerhouse.

There being 4 affirmative votes, the motion carried.

B.	Trustee Geurts moved, seconded by Trustee Knobloch, to combine both

the new squad car and maintenance vehicle into one loan offered by

Tremont Savings Bank.

On roll call the vote was:

AYES: 4 - Trustees Geurts, Knobloch, Natasha Owen and Singley.

NAYS: 0

ABSENT: 2 - Trustees Nydra Owen and Westerhouse.

There being 4 affirmative votes, the motion carried.

C.	Trustee Singley moved, seconded by Trustee Natasha Owen, to accept the

terms of the loan offered by Tremont Savings Bank as follows:

a.) 4.75% interest for 5 years.

On roll call the vote was:

AYES: 4 - Trustees Geurts, Knobloch, Natasha Owen and Singley.

NAYS: 0

ABSENT: 2 - Trustees Nydra Owen and Westerhouse.

There being 4 affirmative votes, the motion carried.

D.	Trustee Knobloch moved, seconded by Trustee Geurts, to authorize

President Campbell and Treasurer Jassman to sign the loan agreement

with Tremont Savings Bank.

On roll call the vote was:

AYES: 4 - Trustees Geurts, Knobloch, Natasha Owen and Singley.

NAYS:0

ABSENT: 2 - Trustees Nydra Owen and Westerhouse.

There being 4 affirmative votes, the motion carried.

E.	Trustee Geurts moved, seconded by Trustee Natasha Owen, to approve an

article be placed in the Pantagraph, not to exceed $50, announcing the

Veteran's Memorial Park Dedication.

On roll call the vote was:

AYES: 4 - Trustees Geurts, Knobloch, Natasha Owen and Singley.

NAYS: 0

ABSENT: 2 - Trustees Nydra Owen and Westerhouse.

There being 4 affirmative votes, the motion carried.

3.	ADJOURNMENT @ 8:49PAM

There was no further business to come before the Board. Trustee Natasha Owen moved,

seconded by Trustee Geurts to adjourn. Motion carried.

Kara M. Streenz

Village Clerk