President Ken Schultz called the meeting to order at 735am at the Washburn County Economic Development office located at 208 Vine Street, Spooner, WI.

 

Present: Jim Bethel, Bill Marx, Ken Schultz, Rob Paine, Tom Klassa, Connie Lester, Lloyd Wallace, and Morris Gillett.

 

Absent: Morris Gillett, Dennis Stewart, and Skip Fiedler 

 

Others Present:  Margie Quinn and Mike Spafford

 

Concerned Citizens:  None

 

Approval of Agenda- Lloyd Wallace made a motion to approve agenda, 2nd by Rob Paine.  M.C. by unanimous vote.

 

Approval of Meeting Minutes Bill Marx made a motion to approve minutes from March 26th, 2nd by Jim Bethel.  Lloyd Wallace made a motion to approve amended minutes for April 2nd and add votes for hiring director to minutes, 2nd by Tom Klassa.  M.C. by unanimous vote.

 

Treasurer’s Report by Jim Bethel- Jim Bethel read the monthly Treasurer’s report. Jim Bethel reported on the qtr. report on expenses and income to compare to the budget for 2014. Jim B. reported on the monthly bills.  The total expense for March 26, 2014 – April 16 were $6188.57 leaving a checking account balance of $79631.31 and an additional $9504.64 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.   RMAP fund is in the amount of $7596.23.  Total available funds are $96767.77   Marge Quinn has provided board members with a Treasurer Report, P&L, detail from QB and a balance excel spreadsheet for the qtr. on income with expense.   Bill Marx made a motion to accept the Treasurer Report and pay all bills as noted, 2nd by Connie Lester.   Tom Klassa would also like Marge to check on the Century link bill again, and see if we can get down a bit.     M.C. by unanimous vote.

 

President Ken Schultz commented on the membership list and would like to see the Membership List updated.  Ken has asked Marge Quinn to send all Board Members a list of Membership being send and ask the Board members to update with contacts, delete any businesses that are no longer in business, and add any new businesses in the represented areas. 

 

Director Report - Director Mike Spafford discussed projects he is working on and the meetings he has attended for the last week since starting for WCEDC.  Mike stated he has met with Dave Armstrong from the BCEDC, and received wealth information and resources from Dave.  Mike indicated he is planning on attending the Rep. Sean Duffy Work Shop at the WITC in Rice Lake on April 28th.  Mike has recruited 2 new members for WCEDC Membership.  Mike commented on several projects he would like to accomplish for WCEDC.  Lloyd Wallace thanked Mike for all he has accomplished in one week.  Lloyd Wallace approved Director’s report, 2nd by Jim Bethel.  M.C.  by unanimous vote.

 

 

 

 

 

Director Mike Spafford has asked the board to purchase a financial Calculator, and a Camera to take updated photos of Businesses, and the equipment used for collateral on IDA Loans.  Lloyd Wallace made a motion to let Mike Spafford purchase office equipment up to 500.00 before approval of the board.  Rob Paine 2nd the motion.  M.C. by unanimous vote.

 

 

Other Concerns/Discussions/Action – Membership term dates

 

Agenda items for Next Meeting:  Bylaws on the membership term dates

 

Next Monthly Meeting:  May 21, 2014.

 

Rob Paine made a motion to adjourn, 2nd by Jim Bethel.  M.C. by unanimous vote.

 

Draft only!  Board needs to approve at the next Meeting.    Respectfully Submitted by Margie Quinn.