Past President Chuck Jenkins called the monthly meeting to order at 7:30a.m. at the Washburn County Economic Development Conference Room.
Present: Rob Paine, Carol Dunn, Rob Lester, Greg Krantz, Chuck Jenkins, and Mark Krueger.
Absent: Pete Paine, Lloyd Wallace, Louie Villella, and Morris Gillett.
Others Present: Margie Quinn, and Dick Hartmann
Concerned Citizens: Jerry Thompson
Greg Krantz made a motion to approve the agenda, Rob Paine 2nd the motion. M.C. by unanimous vote.
Approval of Meeting Minutes
Minutes of the previous meeting January 21, 2010 were circulated. Rob Paine made a motion to approve the minutes. Rob Lester 2nd the motion. M.C. by unanimous vote.
Treasurer’s Report by Carol Dunn- Carol read the monthly Treasurer’s report and reported on the monthly bills. The total expense for January/ February was $9,110.67 with a checking account balance of $29,745.43 and an additional $13,147.46 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 $42,892.89. Treasurer Carol Dunn noted we have received the 1st qtr. subsidy from Washburn County. Marge Quinn has provided board members with a Treasurer Report, Rob Lester made a motion to approve Treasurer Report and pay bills, 2nd by Mark Krueger. M.C. by unanimous vote.
Members/Directors Comments: Director Dick Hartmann stated that the copier machine small claims court case has been dropped.
Old Business-
Vice President Vacancy Assigned: Tabled to the March meeting.
Website update. Dick Hartmann stated the Web Site is life. There are still a few glitches that need to be fixed.
Update on RBEG Grant-Dick Hartmann indicated he has revised the grant and is now in the process of being sent today. (February 18, 2010)
Update on Maintenance Reimbursement- Greg Krantz reported the County has approved the refund for rent in the information center from August to December to be reimbursed to EDC. Greg also indicated Tourism and the Chamber has approved the additional funds EDC contributed to Maintenance fund should be reimbursed to WCEDC pending the Rodeo Committee will approve. This amount is approximately $480.00 for the 20% EDC put into this account annually.
Update on 501C3- Dick Hartmann stated the 501C3 is still pending, Dick stated the 501C3 was sent in with the wrong Federal ID #, but is now corrected. Chuck Jenkins asked Dick if he could call and check the status on this and give a report at the March meeting.
Update on membership Letters- Dick stated he has sent all membership letters. Chuck Jenkins has asked Director Dick Hartman to have the newsletter done in advance to send with the membership letters as done in the past to help safe postage costs. Dick agreed to do so.
Update on Incubator Regulations- Director Dick Hartmann stated that he has called Rick Rousar from Northwest Regional Planning. Rick indicated there is no set rules, and that each business is interviewed before moving into the incubator. Carol Dunn will report on this at the March Meeting.
New Business-
Director Report-open
Dick Hartmann gave Director Report. Dick circulated the report from WEDA Governor’s Conference. Dick reported he is working on two potential new businesses that may relocate to Washburn County, both are manufacturers that combined would create as estimated of 30 to 40 new full-time employee. Marge has completed 2 new loans for renovation for the building owner, and one for retention for an existing business. The business currently employs 4 FTE’s and 1 PTE. Dick stated he is still following up on the 501C3 with the anticipation of being signed in March, 2010.
Motion by Rob Paine, second by Rob Lester to convene in closed session pursuant to 19.85 (1), C, WI statutes 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. M.C.
Margie Quinn properly took Roll Call:
Margie Quinn and Dick Hartmann were excused from closed session;
Motion by Carol Dunn to convene in open session pursuant to 19.85 (2), C, WI statutes, 2nd by Greg Krantz. M.C. by unanimous vote.
Discussion/Action on matters discussed in closed session. - none
Greg Krantz made a motion to adjourn, 2nd by Mark Krueger. M.C. by unanimous vote.
Next Meeting–March 18, 2010- 7:30 a.m. (Monthly Meeting) at the Washburn County Economic Development located at 208 Vine Street – Spooner, WI 54801
Respectfully Submitted by,
Margie Quinn