Board Meeting Minutes

March 1, 2016 Board Meeting Minutes

Posted by Luce County EDC on August 23, 2016 at 1:10 PM

Luce County Economic Development Corporation

Board of Directors

Regular Board Meeting

Minutes

EDC Conference Room

March 1, 2016

 

 

 

Present: Colleen Duflo, Mike Slaght, A.J. Downey, John Waltman, Mary Archambeau

and Dave Kenny (arrived at 4:10 p.m.)

 

Absent: Joe Villemure, Cliff Fossitt and Jimm Depew

 

Others Present:

 

The meeting was called to order at 4:04 p.m. by Chairperson Duflo.

 

Communications from Public: None

 

Approval of Minutes

The minutes of the Regular Board Meeting January 6, 2016 were reviewed and approved as presented. Motion made by Duflo, seconded by Downey . All Ayes

 

Approval of Financial Report/Bills

The regular financial report and bills paid for January and February were reviewed and approved as presented. Motion by Slaght , seconded by Waltman . All Ayes.

 

Correspondence –

None

 

Old Business

None

 

New Business

 

1. Regional Water Trail/Letter of Support-The EUP Regional Planning & Development has asked us to send a letter of support. Motion by Waltman, to send a letter of support or resolution, seconded by Downey. Roll call vote: yes-Slaght, Duflo, Kenny, Waltman, Downey and Archambeau. No-none. Absent-Villemure, Fossitt and Depew.

 

 

2. New Loan/Finance Committee Recommendation-The finance committee discussed with the board about a perspective new business coming to the area and what they are asking for from the EDC. Tammy will contact them to discuss their options.

 

 

 

Directors Report:

1. Audit was completed, report soon to follow.

2. Working on my first loan.

3. Rising tides meeting every other week, making progress.

4. Attended a meeting on obtaining workforce from other countries. Very expensive and a lot of hoops to jump through, not worth it for local companies due to regulations and expense.

5. Attended first UPEDA meeting and learned a great deal of information. Putting some of the ideas into action starting with the SWOT analysis done via email.

6. Attended Operation Action UP annual meeting: several business were awarded including our own Northern Wings. Common theme among recipients: need skilled and drug free workforce.

7. Met with a group that supports the downtown business movement. Ideas were gathered and as a result activities in the summer may be planned. Such as a movie night; businesses stay open late; music etc. Nothing final yet.

8. Visited new business Tangled Creations; doing well at this time.

9. Newspaper ideas to share who we are and what we do: Press release or ad?

10. Registered to attend the Governors Economic and Education Summit in Grand Rapids. Carpooling with EUP to save money.

11. Industrial Park part of a grant to conduct an energy survey. Results should show that we are more cost effective and power strong than other industrial parks.

 

 

 

Information

Loan Portfolio updated –Hand Out

RLF Balance – Hand out

 

 

 

Communications from the Public: None

 

 

 

Adjourned: Motion by Slaght, seconded by Downey . All Ayes. Meeting adjourned at 4:47 pm.

 

 

 

 

 

 

Approved by_____________________________________on_________________________2016

Cliff Fossitt, Secretary/Colleen Duflo, Chairperson

 

Categories: None

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