SML Board Minutes May 2, 1996, Page 5 beginning the project and discussed improvements needed and the possibilities. Photos were taken inside and out. Jim Pelton reported that the first order of business would begin with organization of plans with staff and Board committees. Where the entire amount of the Calcasieu Parish Library project funds came in after one year, Shreve's funding begins the first year and will be distributed over the next 10 years. Insurance: Jim Pelton reported that the Library's liability and workers comp insurance expires on May 31. Dave Landrum from Alexander & Alexander had presented the Library new insurance quotes for the period June 1, 1996 to May 31, 1997. CAN was the lowest quote with a total premium of $65,231.00. The quote is approximately $2000 lower than last year. (See attached Summary of Premiums.) Glenn O'Bryan moved and Marion Weiss seconded the motion to accept the CNA insurance premium quote of $65,231.00, including workers compensation, as provided by Alexander & Alexander for Shreve Memorial Library for the period June 1, 1996 to May 31, 1997. Motion passed. Legal Update: [Redacted] Literacy Grant: Jim Pelton reported that Theresa Anderson, Literacy coordinator for the Library, is applying for a literacy grant from the Louisiana Department of Education. The grant requires a Board resolution designating the person responsible for initiating, negotiating, and signing for the grant. Marion Weiss moved and Sally Montgomery seconded the motion that the Shreve Memorial
