President Chuck Jenkins called the Monthly meeting to order 735am at the Washburn County Economic Development office located at 208 Vine Street, Spooner, WI. Present: Chuck Jenkins, Ken Schultz, Lloyd Wallace, Skip Fiedler, Morris Gillett, Rob Lester, Mike Bobin, Jim Bethel and Bill Marx. Absent: Rob Paine, Lloyd Wallace Others Present: Margie Quinn, and Greg Krantz Concerned Citizens: None Approval of Agenda- Skip Fielder made a motion to approve the monthly agenda, Rob Lester 2nd the motion. M.C. by unanimous vote. Approval of Meeting Minutes of September 19, 2012 Minutes of the previous meeting September 19, 2012 were circulated. Ken Schultz made a motion to approve the minutes, Skip Fielder 2nd the motion. M.C. by unanimous vote. Treasurer’s Report by Jim Bethel – Jim Bethel read the monthly Treasurer’s report. Jim B. reported on the monthly bills. The total expense for part of September 20, through December 5, 2012 was $17579.90 a checking account balance of $55128.63 and an additional $9492.68 in the CD account to be used for ½ marketing expenses, ½ for business plan development, and 501 (c)(3) expenses to the IRS and Anderson Hager and Moe. RMAP funds to interest income on a loan in the amount of $7185.66 Technical Assistance in the amount of $14685.50, and Loan Loss Reserve at $1750.00. Total available funds are $88,242.47. Marge Quinn has provided board members with a Treasurer Report, P&L monthly and a balance detail from QB. Bill Marx made a motion to accept the Treasurer Report and pay bills, 2nd by Morris Gillett. M.C. by unanimous vote. Discussion / Action for Anderson Hager and Moe to complete WCEDC Qtr./Annual Reports with the W-2 Forms. Ken Schultz made a motion to have Anderson Hager and Moe complete the W-2s for this year, but look at how much they will charge for Qtr. Reports, and at that time act on it. Skip Fiedler 2nd the motion. M.C. by unanimous vote. Budget for 2013- The County Board approved the budget presented to them from WCEDC. Greg Krantz circulated the expenses for 2013 with the Revenue to Board Members. Director’s Report- Greg Krantz Greg circulated a Director’s report. Greg stated he has spent a large amount of time on the Civic Center, Sheer Veneer, and Hampton Products within the last few months. Greg updated Board Members on possible loans he is working with at the present time. Discussions were made on membership letters sent and stated we have received $4,250.00 as of December 5th. Greg stated he will be attending the WCED Governor’s Conference held next week at Heartwood Civic Center in Minong for the 2 day conference on Thursday and Friday. Ken Schultz approved Director’s report, 2nd by Rob Lester. M.C. by unanimous vote. Records Retention Policy- Motion made by Mike Bobin to contact Attorney Lawton for advise on open records laws after receiving emails from the County on EDC computer. Does that make our files open to public? Rob Lester 2nd the motion. M.C. by unanimous vote. There was no need to go into closed session. Other Concerns: Agenda items for January Meeting - WCEDC – to be determined Next Monthly Meeting: Meeting January 16th, 2013 at 730a.m. – Washburn County Economic Development Office located at 208 Vine Street, Spooner, WI 54801 Skip Fielder made a motion to adjourn, 2nd by Jim Bethel. M.C. by unanimous vote. Draft only! Board needs to approve at the January Meeting. Respectfully Submitted by Margie Quinn