Hooper Trustees Meeting Minutes – 10/10/19

 

Hooper Trustees Present:    Steven Dalessio (Chair); Peggy Pschirrer; Cheryl Mayberry

 

CALL TO ORDER:  Mr. Dalessio called this Hooper Trustees meeting to order at 7:41 PM.  He advised this meeting is being recorded.

 

HOOPER TRUSTEES MINUTES:

HOOPER TRUSTEES MEETING – October 3, 2019:  Ms. Mayberry noted the following change in the Minutes under Hooper Institute Board: Change from “Ms. Karen Galloway and Mr. Bob Kimball, Trustees of Trust Funds, would like to find out if they could take their Hooper funds out of Cambridge and put it into PDIP” change to “The Trustees of Trust Funds were questioning the Money Market account at Cambridge therefore Ms. Mayberry suggested it be taken out and put into the NH PDIP”.  Mrs. Pschirrer moved to accept the Minutes of the Hooper Trustees meeting of October 3, 2019, with the above change. Seconded by Ms. Mayberry.  With Mrs. Pschirrer, Ms. Mayberry and Mr. Dalessio in favor, the Minutes and changewere approved.

 

HOOPER BUSINESS:

Harold Putnam Bench:  Mr. Dalessio advised that the Hooper Trustees support the placement of the Harold Putnam bench on Hooper property. A vote will be taken by the Hooper Institute Board at their next regular meeting.

 

Hooper Cottage: Ms. Mayberry mentioned that Ms. Karen Galloway, a Trustee of Trust Funds, wants to know what the Hooper Trustees would like to do with the Hooper Cottage escrow account since the cottage had been sold. Mr. Dalessio moved to close out the Savings Bank of Walpole escrow account and put it into the Hooper Maintenance account. Seconded by Mrs. Pschirrer.  With Mr. Dalessio, Mrs. Pschirrer and Ms. Mayberry in favor, the motion was approved.

 

Money Market:  Ms. Mayberry said Ms. Karen Galloway thought the Hooper Trustees should give her a directive, in writing, to close out the Cambridge account for the Money Market and move it into NH PDIP.   Mrs. Pschirrer moved to close the Money Market at Cambridge held for the Hooper Institute and that money be transferred to a sub-account of the Town of Walpole and ultimately invested in PDIP.  Seconded by Ms. Mayberry.  With Mrs. Pschirrer, Ms. Mayberry and Mr. Dalessio in favor, the motion was approved.        

 

Financial Report:  Ms. Mayberry and Ms. Dalbeck were talking about the financial report Mr. Kreissle gives her. Ms. Dalbeck knows there will be a deficit balance at the end of this year. Mrs. Pschirrer advised the needed funds will be taken from the Hooper Educational Trust fund.  Mr. Kreissle pays the bills, adds up all the invoices and sends them to Ms. Galloway to be reimbursed.    

 

Hooper Executive Director:  The Hooper Trustees acknowledged the report from Ms. Dalbeck.  She is making good strides and the level of communication is wonderful.

 

 

ADJOURNMENT:  Ms. Mayberry moved to adjourn this Hooper Trustees meeting.  The Hooper Trustees will return to the Selectboard meeting.  Seconded by Mrs. Pschirrer.  With Ms. Mayberry, Mrs. Pschirrer and Mr. Dalessio in favor, the meeting was adjourned at 8:10 PM.

 

Respectfully submitted,

Regina Borden, Recording Secretary

 

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