Western Massachusetts Regional Library System, Inc., Executive Board
Public Meeting Notice – September 19, 2016 – 1-2pm at
241-243 King St., Suite 250, Northampton, MA 01060 (MLS-Northampton) Directions
Dear Massachusetts Library System Members,
I am writing with notice of a public meeting of the Executive Board of the Western Massachusetts Regional Library System (WMRLS) at 1:00-2:00 PM on September 19, 2016 at MLS-Northampton – 241-243 King St., Suite 250, Northampton, MA 01060, at which time the Executive Board will discuss the steps necessary to dissolve the Corporation. RSVP
The corporation sold its Whately facility at 4 Sandy Lane to the Town of Whately in October. This was a short sale and the Corporation requested substantial debt forgiveness with a loan cancellation from the mortgage holder, the USDA. The mortgage holder expects the Corporation to be dissolved after the sale. We have received a preliminary acceptance to the loan cancelation request. As we await formal paperwork, WMRLS will begin discussion of the steps necessary to dissolve the Corporation. We invite the community to join us for this discussion.
A motion to approve Resolutions Of Dissolution by the Executive Board of Western Massachusetts Regional Library System, Inc. subsequent to the sale of the property and debt forgiveness in order to meet the expectations of the USDA was approved in September 2015 by the Executive Board.
Please feel free to contact me if you have any questions.
Massachusetts Library System