January 2025 Meeting Minutes to be read and approved at Feb 2025 Meeting

January 7th, 2025 Meeting Minutes

At 7pm, Chairman Brad called the meeting to order. Members present were Chairman Brad, Supervisor Kiel M., Supervisor Steve S., Dana H. treasurer, and Jeff M. the clerk. Jeff read the meeting minutes from December. Kiel made a motion to approve the meeting minutes without correction, Steve seconded motion was voted on and carried. Dana read the Treasurers report, and confirmed that the clerk and treasurer account balance. 
Public comment period was opened but no public comment was brought forward. 
Jeff shared that there were no new license requests to report.
Chairman Brad moved to the agenda item of the CD rates. Dana shared the current information and options regarding the status of the town CD. Option 1, Move the CD to a 12month option at Abby Bank at a 3.83 rate for a $700 penalty. Option 2, do nothing and leave the CD alone at a 1% rate. Option 3, pay the penalty to withdraw from Abby Bank and move the CD to Forward Bank in Stanley to a 9month option at 4.25%. Dana recommended that the best value would be to pay the removal fee and move the CD funds to Forward Bank. The board discussed the options amongst themselves and asked the town residents presidents if the they had a preference/discussion on the matter. Supervisor Kiel made a motion to have the town do “Option #3” or to not renew the CD at Abby Bank, pay the removal penalty to Abby Bank, and move the CD funds to Forward Bank for their 9month CD. Steve seconded the motion. The motion went to vote with three yes votes and zero no votes. Motion carried. Dana reported that she would be in contact with Abby and Forward Bank to make the necessary changes.
The board moved to discuss Roadwork. The highway crew reported that they are ready to go equipment wise and that they were just waiting for snow. Brad shared that a landowner along Otter Lake Road was logging and that the logger had requested a frozen road permit to take logs out on Otter Lake Road at 80k#s. Brad also shared that he was currently working on the 2025 itemized road budget as well. The highway crew stated they would begin to make a list of highway/road signs that need replacing, and that while working they would watch for them.
Brad also shared that there was an EMS meeting in Cadott if any board members or residents wanted to attend. 
 Next meeting date was set for February 4th at 7pm. 
Kiel made a motion to adjourn, Steve seconded the motion, the motion was voted on and carried. Meeting adjourned.

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