Bob Landreth opened the meeting at 7:07.  The was a quorum present.  Those attending were Marion Whitfield, Evert Lehman, Bob Landreth, Bob Johnessee, Sal  Bruckert, Pat Canaday, and Susan Landreth. 

Bob Johnessee made the motion to accept the minutes, seconded by Sal, minutes were accepted. 

It was decided to purchase books as per the budget of $200.00 per month.  

Bob Johnessee made the motion to approve the internet agreement with the amendment of a fee amount on item #2, also include the date 2-14-06 when agreement was adjusted.  The motion was accepted. 

The constitution and by-laws will be voted on in March.  We discussed policy regarding attendance. 

Susan was authorized to apply for any grants that would be useful to our library. 

The treasurers report was given verbally, hard copy to be available in March.  Evert gave a report on the amount of insurance currently held on money invested.  The city has one ID # for $l00,000.00 insured by the FDIC.  Marion will call IRS to see if we can reactivate an old ID# to facilitate the separation of Library fund from the city funds.  We still need a certificate stating where and what pledges are to the city and if possible,  what is designated for the library.   The Finance committee will report on action taken with the city and bank at our next meeting. 

Susan presented estimates on carpet cleaning.  Evert made the motion to accept Wright’s estimate, Bob Johnessee seconded, motion passed.  

No Old Business. 

New Business:  Evert, Bob Johnessee, Bob Landreth and Marian will comprise the finance committee. 

We discussed the cost of new building, repairs and etc.  How much money is needed yearly to remain invested.  How much money is needed quarterly to meet current expenses.  What amount of money can we afford to invest in a building program? 

Meeting adjourned at 9:08.