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Select Board trustees approve up to $10,000 for Libby Museum appraisal; trustees to open records for review
Summary
Acting as Libby Trustees, the board authorized up to $10,000 to contract the New Hampshire Antique Cooperative to appraise the Libby collection, directed staff to compile financial accounting for Libby funds, and proposed a supervised five‑day inspection window for public review of museum records.
Acting as Libby Trustees on June 3, the Wolfeboro Select Board authorized spending up to $10,000 to contract the New Hampshire Antique Cooperative for a professional appraisal of the Libby Museum collection to support insurance, cataloging and conservation planning.
Brian (S9) described the cooperative’s plan: a multi‑day onsite visit to evaluate and appraise significant items and to provide grouped valuations for display cases and units. He said the firm expects a three‑ or four‑day visit and roughly three months to deliver the completed appraisal. The trustees moved to contract the cooperative for a complete appraisal not to exceed $10,000; the motion passed.
Trustees discussed funding and transparency. Linda (S3) asked for an accounting of the Libby capital‑reserve and related funds before committing to storage or restoration expenses; Brian (S9) suggested town staff contact the Friends of the Libby to ask whether the group can share costs. Chair (S1) proposed a supervised five‑day public inspection of the town’s Libby records and documents and asked staff to invite both the Friends of the Libby and a newly formed 501(c)(3) group to review materials during that window. The board agreed to draft and send a letter inviting review and to provide copies under standard reproduction procedures.
Trustees also discussed logistics for appraisal follow‑up, including professional packing and possible storage recommendations from the appraiser and moving/storage firms. The board directed staff to provide a balance for the Libby reserve account and to prepare the required 90‑day update to the Charitable Trust Unit.
