INSIGHT: Potential conflict of interest?
INSIGHT: Budget/Moody's Report
INSIGHT: IncomeTax Credit reduction
INSIGHT:Restrictions imposed on Council Members
INSIGHT-PEARL ROAD SOUTH-too much retail?
INSIGHT: Ledgewood/ North Howe Road Retail
INSIGHT: Hoover Arena Ice Rink Lease/taxpayer funded
INSIGHT: OLDER NEIGHBORHOODS/"Who Cares"?
INSIGHT: Your Water/ Sewer Bill Update 9/3/2007
INSIGHT; 1640 AM Radio Strongsville
INSIGHT: Polar Bears/Global Warming
| From Lorain County National Bank: Director: LNB Bancorp (LNBB):" Thomas P. Perciak, Mayor, City of Strongsville, Ohio, since January 1, 2004,......on April 22, 2008, the Board of Directors appointed Thomas P. Perciak to serve as Class III directors of the company." Forbes.com's report on Thomas P. Perciak Director LNB Bancorp compensation for 2008 fees earned or paid in cash $13,750.00. Total compensation $13,750.00 in 2008. Based on information provided by LNB Bancorp:.... Directors of LNB Bancorp are compensated for all services as a director in the following manner: each director receives an annual retainer fee of $5,000 regardless of board meeting attendance and $600 per each board and committee meeting attended.......The Board of Directors shall be divided into three classe......with the term of office of one class expiring each year. Each class shall hold office for a term of three years..... |
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"Lorain, April 25---LNB Bancorp, Inc., AMG Investments LLC and the committee of shareholders comprised of Richard M. Osborne and Steven A. Calabrese announced that they have entered an agreement to settle the contested election of directors.....at LNB's upcoming 2008 Annual Meeting of Shareholders. Under the terms of the agreement.......the Board of Directors approved the additions of. .....Daniel G. Merkel former Regional President of Republic Bancorp, Inc. and Thomas P. Perciak.....the current Mayor of Strongsville to the board effective immediately. INSIGHT: As late as the spring of 2008, Lorain National Bank has done commercial lending in the city of Strongsville. Will the legislative arm of city government now move to assure that no appearance of "conflict of interest" exists in the awarding of contracts to do business within Strongsville? Are organizations that seek council's legislative approval to build etc. excluded from seeking funding through LNB Bancorp and its subsidiary banks? INSIGHT; THE CHARTER OF THE CITY OF STRONGSVILLE, OHIO IN ARTICLE II SECTION 2 READS IN PART "HE SHALL NOT HOLD ANY OTHER PUBLIC OFFICE OR PUBLIC EMPLOYMENT, OTHER THEN AS A MEMBER, OFFICER OR TRUSTEE OF A GOVERNMENT BOARD OR COMMISSION, COUNCIL OF GOVERNMENT, PUBLICILY SUPPORTED NON-PROFIT INSTITUTION".... amended 11-2-04...... From Merriam-Webster's Collegiate Dictionary--Tenth Addition--copyright 1997 Public (adj).....of or relating to business or community interest as opposed to private affairs Employ.....to use or engage the services of/ to provide with a job that pays wages or salary Employment.....activity in which one engages or is employed
Shortly after joining the Board of Directors Mr. Perciak purchased 9,000 shares of LCNB stock |
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