Ministry Council Minutes February 21, 2011

27 Mar 2011 Leave a Comment

by leofigini in Council Minutes

FIRST TRINITY LUTHERAN CHURCH 

Ministry Council Meeting – Regular Session

Monday, February 21, 2011

At Kim Kwietnewski’s Home

Attendance: 

Present:            Pastor Whited

Leo Figini – Secretary                       Excused:  Jim Passage – Vice President

Jon Morris – President

Jenny Cascio

Kim Kwietniewski

Marlene Carr – Treasurer

Joel Rockensuess – Member at Large

 DEVOTIONS:

The meeting was opened at 7:00 PM with devotions by Joel Rockensuess

APROVAL:

A motion was made by Jenny Cascio and seconded by Kim Kwietniewski to accept the January 10, 2011 Ministry Council Minutes as presented with one correction changing the time of that meeting to 6:30PM from 7:00 PM.  Motion was accepted and passed unanimously as modified.

PASTORS REPORT:

• See attached

 FINANCIAL REPORT:

 Weekly giving is under budget by 12.72% as of the end of January.  However, giving was strong the first two weeks in February and we are now under budget by 6.08%

• Net income for January is $4982.10.
• Received $12995.60 towards the Capital Campaign in January.  This brings the total received as of 1/31/11 to $176195.43 which is about 33% of the total amount pledged.
• Ameritrade account balance as of 1/31/11 is $114004.78.
• A member of our congregation has stepped forward and is willing to loan us $50000 to pay off the balance of the mortgage for 193 Glenhurst.  Terms would be 0% interest for 5 years.  Monthly payments would be $833.34.  This option would put us over budget by about $4000 for 2011.  We could budget properly in future years.  By accepting this offer, we would save the interest of 5.25% plus about 11 to 12 years worth of payments.  This option would be considered a refinance and would not need congregation approval.  I would like the approval of the Ministry Council to accept this offer and proceed with paying off the current loan with LCEF and setting up the new load and repayment schedule.

Respectfully submitted,

Marlene Carr

Treasurer

A motion was made by Jon Morris and seconded by Joel Rockensuess to accept the offer of $50000 on loan at 0% interest for 5years to pay off the remaining balance on 193 Glenhurst.  Motion accepted and passed unanimously.

OLD BUSINESS / UPDATES:

• The LBM contracts were signed last week.  All work is in progress.
• Every Tuesday morning a meeting is held with all contractors at church.  All work seems to be on schedule at this point.
• Estimated completion date is around Easter.

 

NEW BUSINESS:

• A call committee will be developed for the High School and young adult Ministries Director.
• A nominating committee will be established for the open positions on the Ministry Council.

• Ministry Council suggested that we receive reports from the pre-school starting next school year.
• Discussions took place with regards to policy and procedures for Head tellers and counting teams, Sunday school staff, and communion assistant’s, ushers, confirmation instruction. 
• Discussions will be held with the EMT at our spring meeting to establish what policy and procedures should be in place for these positions. 

 Motion to adjourn by Joel Rockensuess and seconded by Kim Kwietniewski.  Motion passed.

CLOSING PRAYER:

Jonathan Morris

Respectfully Submitted,

Leo Figini

Ministry Council Secretary

Next Meeting is Monday, March 14th at Jim Passage’s Home

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