98^th Annual Meeting – Town of Bayview
April 12^th, 2011 – Bayview Town Hall

Call to order – Past Chairman Don Jenicek called the 98^th Annual Meeting for the Town of Bayview to order at 7:04 p.m.

Attendance:  David Hyde, Carol DeMars, Wanda Hyde, Deb Gierczic, Marge Peterson, David Strzok, Al House, Larry Nelson, Charly Ray, Cindy Dillenschneider, Bob Bodin, Mike Yonan, Jan Ross, Mike Jackson, Gary VanDyke, Sue Jenicek, Don Jenicek, Tom Manley, Mary Ross, Kim Ross, Rita Sharp, Robert Sharp and Connie Jackson.

Minutes from the 97^th, Annual Meeting was available along with the Financial Statement for 2010.

Mr. Jenicek asked for a motion to dispense with the reading of the 97^th Annual Meeting Minutes.  Motion to dispense with the reading of the 97^th, Annual Meeting minutes was made by Al House seconded by Cindy Dillenschneider.  Voice vote of 18 yes, 0 no.  Motion carried.

There being no corrections Mr. Jenicek asked for a motion to accept minutes.  Motion was made by Al House seconded by Sue Jenicek to approve the 97^th Annual Meeting minutes.   Voice vote of 18 yes, 0 no.  Motion carried.

2010 Financial Statement

Mr. Jenicek reported that the TRIP Project that was for last year was held over for 2011 and will start in late May early June.  Northwoods Paving will honor their bid from 2010.

Motion to accept the 2010 Financial Statement of the Town of Bayview was made by Bob Bodin seconded by Al House.  Hands approving were 18 yes and 0 no.  Motion carried.

New Business –

Short Term Line of Credit – Mr. Jenicek stated that at times it is necessary for the board to borrow funds to pay bills.  This line of credit has been set at $50,000.00.  Motion was made by Bob Bodin and seconded by Marge Peterson to approve the Short Term Line of Credit in the amount of $50,000.00. Hands approving were 18 and 0 no.  Motion carried.

Mr. Jenicek explained that at our August 26^th, 2010 Special Meeting of the Electors the town electors approved the borrowing of $127,800 at an interest rate of 3.75%.  These monies were to be used to tack coat and a paved wedge on Big Rock Road and an area on Friendly Valley Road and these costs would be added to the existing Washington Ave Loan. Discussion followed that the loan would not have to be $127,800 as a payment on the Washington Ave loan would take place before the loan was required. Carol DeMars Treasurer reported that as the loan has not yet taken place and new board members are in place so this loan should be approved again.  Motion was made by Bob Bodin to approve this loan up to $125,000.00 seconded by Sue Jenicek.  Hands approving 18 yes and 0 no.  Motion carried.

Dumpster Day is set for May 21^st, 2011 from 8-4:00 p.m.

Discussion of Bayview Town Park plans for 2011 were discussed.

Set the 99^th Annual Town Meeting for April 10^th, 2012 at 7:00 p.m.

Motion to adjourn was made by Marge Peterson seconded by Bob Bodin.

Submitted by:

Wanda Hyde, Clerk

Vol. 14 Page 278                                                                                                                               Approved 4/10/2012