"Expand the Tax Base and Create New Jobs"
Washburn County Economic Development Corporation
ANNUAL MEETING - Thursday May 20, 2010
President Louie Villella called the Annual meeting to order at 4:00P.M. at the Minong Village Hall in Minong, WI.
Present: Louie Villella, Rob Paine, Carol Dunn, Rob Lester, Greg Krantz, Chuck Jenkins, Lloyd Wallace, Morris Gillette, and Pete Paine.
Others Present: Margie Quinn, Dick Hartmann, Steve Sather, Mike Bobin, and Terry Leckel.
Concerned Citizens: None
Lloyd Wallace made a motion to approve the agenda, Rob Paine 2nd the motion. M.C. by unanimous vote.
Approval of Annual Meeting Minutes of 2009 and April Monthly Meeting Minutes, 2010
Minutes of the previous meeting April 22, 2010 and June, 2009 Annual Meeting Minutes 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 April/May was $8092.60 with a checking account balance of $32525.16 and an additional $13,137.90 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 $45663.06. Marge Quinn has provided board members with a Treasurer Report, P& L annual, P&L monthly and a balance detail from QB. Chuck Jenkins made a motion to approve Treasurer Report and pay bills, 2nd by Lloyd Wallace. M.C. by unanimous vote.
When WCEDC CD comes due, remove $4000.00 and deposit into the WCEDC Checking to cover the costs for the 501C 3 that are completed and the Web Site that is completed. Motions were made at the April meeting on the transfer of CD.
Election of Directors-President Louie Villella asked Board of Directors/Officers and Members for Nominations:
Carol Dunn stated she will be stepping down and chooses not to be re-elected as a Board Member for WCEDC.
Carol Dunn made a motion to nominate Jim Bethel for a 3 year term as a Spooner representative, seconded by Greg Krantz. M.C. Rob Lester made a motion that nominations were closed and a unanimous ballot was cast, Morris Gillette seconded the motion. Motion Carried.
Rob Lester has been reassigned to the WCEDC Board as a representative for the County by Washburn County Chairman, Steve Sather.
Election of Secretary/Treasurer- Greg Krantz made a motion to nominate Jim Bethel for Treasurer for Washburn County Economic Development Board for the 2 year term, seconded by Lloyd Wallace. M.C. Rob Paine made a motion that nominations were closed and a unanimous ballot was cast, Rob Lester seconded the motion. Motion Carried.
Election of Officers: President Louie Villella asked Board of Directors/Officers and Members for Nominations:
Chuck Jenkins made a motion to nominate Lloyd Wallace for a 3 year term as a Minong representative, seconded by Rob Paine. M.C. Chuck Jenkins made a motion that nominations were closed and a unanimous ballot was cast, Greg Krantz seconded the motion. Motion Carried. Lloyd Wallace abstained.
Discussion/Action on recommended By Law Changes:
Change Article II sentence-Motion made by Lloyd Wallace to change Article II sentence to the following:
From: "Membership, for the purpose of voting at the annual meeting, will be determined by paid dues as of March 1 of that calendar year"
Change to: "Membership, for the purpose of voting at the annual meeting, will be determined by paid dues as of the Annual Meeting date of that calendar year". Morris Gillette 2nd the motion. M.C.
Add to Article IV MEETINGS
Motion made by Carol Dunn to add to Article IV sentence to the read the following:
Each paid contributing member for the current year and the prior year shall be notified in writing 30 days prior to the Annual Meeting of the Time, Place and Date of the Annual Meeting. In addition the annual notice shall state: "That each paid up contributing membership shall have only one voting representative and that representative must be present at the Annual Meeting to vote." Rob Paine 2nd the motion. M.C.
Add to Article VI ADMINISTRATION
Section 1- Member- Rob Lester made a motion to add to the 1st sentence in Article VI to include the following, Member shall mean a single representative of a paid contributing Organization, Governmental Unit, Business, Utility and/or Private Citizen. Mark Krueger 2nd the motion. M.C.
Section 2- Director-Lloyd Wallace made a motion to add to Article VI in WCEDC By-Laws stating
The Executive Director is subject to the Employee Handbook which includes a Code of Ethics for all employees, including the Executive Director of WCEDC. The Executive Director shall be non-voting. Carol Dunn 2nd the motion. M. C.
Directors Report was circulated to board members for review at the Annual meeting. Dick gives a recap of 2009 through May 31, 2010 and a Preview of the Coming Year’s Activities for the WCEDC in 2010-2011. President Louie Villella asks Board members for questions or comments. Board Members had no comments or questions on the Directors Report. Greg Krantz stated there are grants out there that WCEDC Director should be looking at closely and following up on them.
Next Monthly Meeting: June 17th, 2010 at 730a.m. – Washburn County Economic Development Office located at 208 Vine Street, Spooner, WI 54801
Rob Paine made a motion to adjourn, 2nd by Chuck Jenkins. M.C. by unanimous vote.
Respectfully Submitted by,
Draft only! Board needs to approve at the June Meeting.