Thursday, March 6, 2014, MAYWOOD || By Michael Romain
At a regular board meeting of the Maywood Public Library District, Board President Rose Mosley, on behalf of the staff and trustees of the library, publicly thanked Seaway Bank and Trust for its decision, made last year, to extend for another 12 months the terms of repayment on about $500,000 the Library owed on a short-term tax anticipation note.
In addition to the extension, Seaway also lent another $150,000 to the Library which the board believes will be enough to continue operations through the spring of 2014. At that point, a new infusion of tax revenue is expected to come in from the County.
George Ward, Seaway Bank’s Business Development Officer, and Jose Munoz, the bank’s Assistant Vice President of Commercial Lending, were on hand to receive Mrs. Mosley’s letter of appreciation, which she read aloud.
“Officers of the Seaway Bank, it is an honor to stand before you and express the heartfelt thanks and gratitude for you from the trustees and the staff of the Maywood Public Library,” she said.
“Because of your generosity, and your generosity alone, this library still stands as a beacon of light and hope in this community.”
Mr. Ward emphasized the importance of the bank’s relationship with the library, one of only a few community institutions that exist to serve people.
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“Yes, we are with you,” he said, “The bank is with you….There are certain institutions we have that serve the people. As we walk this journey, there are a few stones in it, but we’ll get through it.”
Library Trustee Rev. Eliot Wimbush made explicit what Mrs. Mosley hinted at in attributing the library’s continued operations exclusively to the generosity of Seaway Bank, particularly Mr. Ward and Mr. Munoz.
“There were many who were jumping to take credit for saving the day, but there are only two people who deserve to be wearing any kind of capes and it is you two gentlemen,” Rev. Wimbush said. VFP
Mrs. Mosley’s full letter of appreciation can be read in full below:
Friends In Need, Friends Indeed
Officers of the Seaway Bank, it is an honor to stand before you and express the heartfelt thanks and gratitude for you from the trustees and the staff of the Maywood Public Library.
Because of your generosity, and your generosity alone, this library still stands as a beacon of light and hope in this community.
We have fought and are still fighting some insurmountable odds, but with your assistance, conquer them we will.
We thank you for your patience, and your willingness, to take this journey with us. We will never disappoint you, nor will we forget how much, you too, have sacrificed to make sure our doors open and never close again. We remain open because of your due diligence, and the many sacrifices made by members of staff and members of the Board.
I do not know how many ways there are to say thanks, but I hope you know that for us, you deserve every last one of them.
Our thanks to all of you for being friends of the Maywood Public Library.
Rose E. Mosley
President, Maywood Public Library
For Staff and Trustees of the MPLD
Correction: The original version of this article stated that the library also received $150,000 from the Village. This is incorrect. The Village offered a loan of up to $150,000, which the library turned down. This article has since been emended.