"Expand the Tax Base and Create New Jobs"
Washburn County Economic Development Corporation
MONTHLY MEETING – Wednesday April 18, 2012
President Chuck Jenkins called the Monthly meeting to order at 7:35a.m. at the Washburn County Economic Development office located at 208 Vine Street, Spooner, WI.
Present: Chuck Jenkins, Rob Paine, Jim Bethel, Greg Krantz, Bill Marx, Morris Gillett, Lloyd Wallace, and Mike Bobin.
Absent: Ken Schultz, and Rob Lester.
Others Present: Margie Quinn and Steve Sather.
Concerned Citizens: None
Approval of Agenda- Rob Paine made a motion to approve the agenda with amendment on date of previous minutes to be changed to March 21st, Lloyd Wallace 2nd the motion. M.C. by unanimous vote.
President Comments – President Jenkins thanked all the Board Members involved in the hiring process of the New Director. Chuck announced the new WCEDC Director Greg Krantz, and welcomed Greg. Chuck thanked Mike Bobin, and asked the board members for the consideration of reimbursing Mike for some mileage as he volunteered to sit in the office while Marge Quinn was on vacation. Board Members requested this item be placed on the agenda for the May meeting.
Approval of Meeting Minutes of March 21, 2012
Minutes of the previous meeting March 21, 2012 were circulated. Ken Schultz made a motion to approve the minutes with the amendment of two words to include “on asks” to be deleted in the Action on RMAP Funds. Rob Paine 2nd the motion. M.C. by unanimous vote.
Treasurer’s Report by Marge Quinn – Marge Quinn read the monthly Treasurer’s report, Treasurer Jim Bethel was not present. Marge reported on the monthly bills. The total expense for March/April was $5837.94 with a checking account balance of $18,759.65 and an additional $9428.80 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 $3228.14. Technical Assistance in the amount of $14685.50, and Loan Loss Reserve at $1750.00. Total available funds are $47852.09. Marge Quinn has provided board members with a Treasurer Report, P&L monthly and a balance detail from QB. Rob Paine made a motion to accept the Treasurer Report and pay bills, 2nd by Lloyd Wallace. Marge Quinn will contact Anderson Hager and Moe for a more detailed clarification on the invoice for tax prep and update the board at the May meeting. M.C.
Discussion/Action on RAMP Loan/Funds- President Chuck Jenkins brought the board up to date on RMAP funds. Chuck stated Rural Development has reinstated the RMAP Funds previously terminated in December, 2011. Discussions were made by Board Members on RMAP Funds. Motion made by Mike Bobin to have Greg Krantz read through the RGAGs of the RMAP, contact Mike Daniels from Rural Development on advice of Audit, Insurance, how the Technical Assistance works. Greg Krantz will bring back to the May meeting for discussions and recommendations. Lloyd Wallace 2nd the motion. M.C. by unanimous vote.
Mike Bobin circulated literature on information on Unemployment and Small Business organizing groups to visiting the retail stores.
Discussions were made on Commercial land and buildings available in WC for businesses. President Jenkins stated he would like to see a link on the WCEDC Web Site to view for businesses inquiring. Chuck would like to see updated on a regular basis.
Lloyd Wallace made a motion to convene in closed pursuant to 19.85 (1) (C), WI statues to discuss personnel issues of specific persons, which if discussed in public would likely to have a substantial adverse effect upon the reputation of any person, referred to in such data. Rob Lester 2nd the motion. Roll Call was taken by Margie Quinn. Marge Quinn was excused from the closed Session. M.C. by unanimous vote.
Motion to reconvene in open session by Lloyd Wallace, 2nd by Rob Paine. M.C. by unanimous vote.
Motion made by Mike Bobin to increase Administrative Coordinator salary effective May 1, 2012. Rob Lester 2nd the motion. M.C. by unanimous vote.
Marge Quinn will report to President Chuck Jenkins. The new Director, Greg Krantz will start his Director position on May 1, 2012. Greg Krantz will report to WCEDC Board.
Discussions were made on the Burns Best Building in Minong, WI.
Agenda items for Annual May Meeting on May 16th- RMAP Funds update, clarification of Anderson Hager and Moe invoice, Budget for the rest of 2012, and Mike Bobin compensation while Marge was on vacation. Election of Officers and Directors.
Next Monthly Meeting: Annual Meeting May 16, at 730a.m. – Washburn County Economic Development Office located at 208 Vine Street, Spooner, WI 54801
Other Concerns:
Bill Marx made a motion to adjourn, 2nd by Rob Paine. M.C. by unanimous vote.
Draft only! Board needs to approve at the May Meeting. Respectfully Submitted by Margie Quinn