"Expand the Tax Base and Create New Jobs"
Washburn County Economic Development Corporation
MONTHLY MEETING – Wednesday February 15, 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, Lloyd Wallace, Mike Bobin, Ken Schultz, and Rob Lester.
Absent: Morris Gillett
Others Present: Margie Quinn
Concerned Citizens: None
Approval of Agenda- Rob Paine made a motion to approve the agenda, Ken Schultz 2nd the motion. M.C. by unanimous vote.
President Comments-President Jenkins welcomed Ken Schultz back after medical condition.
Approval of Meeting Minutes of January 18, 2012
Minutes of the previous meeting January 18, 2012 were circulated. Mike Bobin made a motion to approve the minutes. Rob Paine 2nd the motion. M.C. by unanimous vote.
President Jenkins updated Board Members on Membership as of today’s date. Jenkins stated we are about the same dollar wise as this time last year.
Treasurer’s Report by Jim Bethel –Jim read the monthly Treasurer’s report and reported on the monthly bills. The total expense for January/February was $5677.67 with a checking account balance of $28618.59 and an additional $9348.64 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. Total available funds are $60,404.63. RMAP funds to include a loan in the amount of $2238.76, Technical Assistance in the amount of $14685.50, and Loan Loss Reserve at $1750.00. Marge Quinn has provided board members with a Treasurer Report, P&L monthly and a balance detail from QB. Jim Bethel stated the balance sheet is showing minus on SS and Medicare, and Marge will contact Anderson Hager and Moe to have them correct this problem. Marge will send all board members a new balance sheet once this is completed. Lloyd Wallace made a motion to accept the Treasurer Report and pay bills, 2nd by Rob Lester. M.C.
Discussion/Action on RAMP Loan/Funds- President Chuck Jenkins brought the board up to date on RMAP funds.
Discussion/Action on Director’s Position-
Ken Schultz 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. Marge Quinn was invited to stay in closed session. Mike Bobin and Greg Krantz were excused from closed Session. M.C. by unanimous vote.
Roll Call was taken by Margie Quinn.
Motion to reconvene in open session by Mike Bobin, 2nd by Rob Paine. M.C.
Motion made by Ken Schultz to contact Attorney Lawton and get legal advice on procedure involving Board Members applications for Executive Director Position. Lloyd Wallace 2nd the motion. M.C. by unanimous vote. Marge Quinn will email Attorney Lawton’s legal opinion to Board Members when she receives.
Ken Schultz made a motion to have Chuck Jenkins, Jim Bethel, Bill Marx, and Rob Paine designated as the Appoint Committee, with the secretary not to be included. Lloyd Wallace 2nd the motion. M.C. by unanimous vote.
Motion made by Ken Schultz to have the 4 appointed Members of the personnel Committee, review applications/resumes and bring back to the WCEDC Board with a minimum of 3 applicants and as to how they selected those 3 applicants. The 4 member personnel committee will be interviewing, and will not include the complete WCEDC Board Members. Rob Lester 2nd the motion. M.C. by unanimous vote.
Assigned Appoint/Personnel Committee will meet on February 23, 2012 at 930 in the WCEDC office to review applications.
Marge Quinn circulated Applications/Resumes to all Board Members – excluding Mike Bobin, and Greg Krantz for review.
Agenda items for March Meeting- Discussions on Director’s Position and Marge Quinn position. By-Law changes,
Next Monthly Meeting: March 21, at 730a.m. – Washburn County Economic Development Office located at 208 Vine Street, Spooner, WI 54801
Bill Marx made a motion to adjourn, 2nd by Ken Schultz. M.C. by unanimous vote.
Draft only! Board needs to approve at the December Meeting. Respectfully Submitted by Margie Quinn