GEORGETOWN SPECIAL TAXING DISTRICT
BOARD OF DIRECTORS MEETING
JULY 11, 2017
Minutes & Voting Record
Present: F. Taylor, C. Lynch & J. Schmitz (by phone)
Mr. Lynch called the meeting to order at 11:05 am via phone.
APPROVAL OF MINUTES
Motion: move to accept the minutes of the JUNE 13, 2017 meeting as submitted. Taylor/Schmitz – Approved. Unanimous.
UPDATE ON STATUS OF COURT PROCEEDINGS
A mtg of all lien holders and the Town was held at court with all present working to understand the implications of all of the issues with the foreclosure and debt resolution. F Taylor has provided Redding’s attorney with a summary of GSTD sources and uses of capital from 2007 through 2016. Throughout the process, GSTD has been transparent and cooperative in responding to requests for information.
No other business from the Board
Motion: move that the meeting be adjourned. Schmitz/Taylor. Approved. Unanimous.
The meeting adjourned at 11:08 am.
Submitted by Frank Taylor, District Clerk