{"content":[{"text":"other funds to build up the fund. There was agreement that a loan review board would need to be established to \n set criteria, review all applications and recommend awards to the BOC; Seekins advised including members of \n the local business community because of their expertise and the importance of their buy-in to support the \n program. Town staff would manage the details of tracking loans which Commissioner Davie said should not be \n as difficult as some thought. Attorney Styers suggested that each loan could include a $500 administration fee \n that could be used to contract with a CPA to administer. Commissioner Mooring equated the discussion of \n matching funds to a pennies of tax assessment, about $7,000, asking what would be the threshold for pain. \n Mayor Gardner suggested that the application be for $25,000 with a 26% match of $6500 that would maximize \n scoring points while being manageable. Commissioner Mooring so moved; Commissioner King seconded the \n motion which passed unanimously. Commissioner Banzet then moved that the Board authorize Mayor Gardner \n to draft and sign the required resolution stating the Board’s direction; Commissioner Davie seconded the motion \n which passed unanimously.","bbox":{"left":0.088235,"top":0.089261,"width":0.812848,"height":0.19860800000000006}},{"text":"The business of the special meeting having been completed Commissioner Mooring moved to adjourn and Mayor \n Gardner declared the meeting adjourned at 7:40pm.","bbox":{"left":0.088235,"top":0.302004,"width":0.821271,"height":0.03496000000000005}},{"text":"Respectfully submitted,","bbox":{"left":0.088235,"top":0.351098,"width":0.171626,"height":0.018595000000000028}},{"text":"John Freeman \n Town Administrator","bbox":{"left":0.088235,"top":0.383828,"width":0.14799400000000001,"height":0.03496000000000005}},{"text":"2","bbox":{"left":0.903529,"top":0.938273,"width":0.00813699999999995,"height":0.016776000000000013}}],"images_bbox":[],"images_bbox_not_text_overlap":[]}