February 26, 2024 Special Meeting

MINUTES OF SPECIAL BOARD MEETING VILLAGE BOARD OF TRUSTEES IN THE VILLAGE COMMUNITY ROOM February 26, 2024 The special meeting of the Village Board, of the Village of Strum, Wisconsin, Trempealeau County, was held in the Village Community Room on Monday, February 26, 2024. Meeting called to order: The meeting was called to order by Village President, Dean Boehne at 6:30 p.m. Village Clerk, Tish Nelson, took the minutes of the meeting. The following board members were present: Berge, Thompson, Stendahl, Nelson, Rindal, Bjerke. Open Meeting Law Requirement Have Been Complied With: President Boehne announced the open meeting law requirements have been met for the meeting. Committees: Finance Committee a. Update Community Hall Rental Agreement- Motion by Bjerke to raise rent per day to 75.00 as well as Cleaning/Security Deposit to 75.00 along with raising the Additional Alcohol Deposit to 150.00. Seconded by Stendahl, motion carried. b. Sale of lots in Prairie East Addition – 147 Aspen Ct and 232 Butternut Dr – Motion to approve sale made by Stendahl, seconded by Bjerke. Motion carried. c. Proposal of sale for Spruce St Addition- to be discussed further at Monthly Meeting in March. d. Borrowing resolution from Board of Commissioners of Public Land- President Boehne obtained application for Commissioners of Public Lands. Village Trustee, Chuck Thompson, read the preamble and resolutions aloud to the board at 6:45 p.m. on Feb 26, 2024 as follows: By the provisions of Sec. 24.66 of the Wisconsin Statutes, all municipalities may borrow money for such purposes in the manner prescribed, and, By the provisions of Chapter 24 of the Wisconsin Statutes, the Board of Commissioners of Public Lands of Wisconsin is authorized to make loans from the State Trust Funds to municipalities for such purposes. (Municipalities as defined by Sec. 24.60(2) of the Wisconsin Statutes means a town, village, city, county, public inland lake protection and rehabilitation district, town sanitary district created under Sec. 60.71 or 60.72, metropolitan sewerage district created under Sec 200.05 or 200.23, joint sewerage system created under Sec. 281.43(4), school district or technical college district.) THEREFORE, IT BE RESOLVED, that the Village of Strum, in the county(ies) of Trempealeau, Wisconsin, borrow from the Trust Funds of the State of Wisconsin in the sum of Five Hundred Thousand And 00/100 Dollars ($500,000.00) for the purpose of financing operations and for no other purpose. The loan is to be payable within 10 years from the 15th day of March preceding the date the loan is made. The loan will be repaid in annual installments with interest at the rate of 6.00 percent per annum from the date of making the loan to the 15th day of March next and thereafter annually as provided by law. RESOLVED FURTHER, that there shall be raised and there is levied upon all taxable property, within the Village of Strum, in the County(ies) of Trempealeau, Wisconsin, a direct annual tax for the purpose of paying the interest and principal on the loan as they become due. RESOLVED FURTHER, that no money obtained by the Village of Strum by such loan from the state be applied or paid out for any purpose except financing operations without the consent of the Board of Commissioners of Public Lands. RESOLVED FURTHER, that in the case the Board of Commissioners of Public Lands of Wisconsin agrees to make the loan, that the president and clerk of the Village of Strum, in the County(ies) of Trempealeau, Wisconsin, are authorized and empowered, in the name of the Village to execute and deliver to the Commission, certificates of indebtedness, in such form as required by the Commission, for any sum of money that may be loaned to the Village pursuant to this resolution. The president and clerk of the Village will preform all necessary actions to fully carry out the provisions of Chapter 24 Wisconsin Statutes, and these resolutions. RESOLVED FURTHER, that this preamble and these resolutions and the aye and no vote by which they were adopted, be recorded, and that the clerk of this Village forward this certified record, along with the application for the loan, to the Board of Commissioners of Public Lands of Wisconsin. Trustee Josh Stendahl moved to approve the application and adoption of the preamble and resolutions. Seconded by Greg Rindal. Roll call vote: Bjerke, aye; Thompson, aye; Stendahl, aye; Nelson, aye; Berge, aye; Rindal, aye; Boehne, aye. Motion carried. Adjourn: Motion to adjourn was made by Stendahl at 6:55 p.m. Seconded by Thompson. Motion carried. _____________________________ Dean Boehne, Village President _____________________________ Natisha Nelson, Village Clerk