President Chuck Jenkins called the Monthly meeting to order 730am at the Washburn County Economic Development office located at 208 Vine Street, Spooner, WI.
Present: Chuck Jenkins, Rob Paine, Mike Bobin, Skip Fiedler, Ken Schultz, Rob Lester, Lloyd Wallace, and Morris Gillett.
Absent: Bill Marx and Jim Bethel
Others Present: Margie Quinn, and Greg Krantz
Concerned Citizens: None
Approval of Agenda- Rob Paine made a motion to approve the monthly agenda, Morris Gillette 2nd the motion. M.C. by unanimous vote.
Approval of Meeting Minutes of May 16, 2012
Minutes of the previous meeting May 16, 2012 were circulated. Mike Bobin made a motion to approve the minutes, Rob Lester 2nd the motion. M.C. by unanimous vote.
Treasurer’s Report by Marge Quinn – Marge Quinn read the monthly Treasurer’s report. Marge reported on the monthly bills. The total expense for May/June was $10,154.83 (3 payrolls in this time frame) with a checking account balance of $39,888.50 and an additional $9468.00 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 $4217.52. Technical Assistance in the amount of $14685.50, and Loan Loss Reserve at $1750.00. Total available funds are $70,010.32 Marge Quinn has provided board members with a Treasurer Report, P&L monthly and a balance detail from QB. Ken Schultz made a motion to accept the Treasurer Report and pay bills, 2nd by Rob Paine. M.C. by unanimous vote.
Discussion/Action on Liability Insurance- Marge Quinn stated WCEDC received 2 different quotes on Liability Insurance for WCEDC from RJF Agency, and Mike Spafford Agency. Washburn County Industrial Development has offered to pay for ½ of this premium. Motion made by Mike Bobin to accept Mike Spafford Ins. Quote, Rob Paine 2nd the motion. M.C. by unanimous vote.
Grant Funds from Bank of the West- Marge Quinn stated she received a call asking to complete the grant application (charitable investments) on line to receive $2500.00 on behalf of Bank of the West/Debbie Sandstrom. Marge indicated as of Friday, June 15th, she received a call from Deb Sandstrom stating we did indeed receive the Grant funds from Bank of the West. Ken Schultz made a motion to use the $2500.00 for Marketing Washburn County Economic Development. Mike Bobin 2nd the motion. M.C. by unanimous vote.
Director’s Report- Greg Krantz
Greg presented a marketing plan outlining a plan to reach non-resident second homeowners in Washburn County who own and operate their own business elsewhere and would like to relocate or expand their business to Washburn County. Greg stated the cost of the Tri-fold presented to the board members, would be approximately $800.00. Mike Bobin made a motion to move forward with the Tri Fold/2nd Homeowner Flyer, and authorize, but not to exceed the $800.00 quoted to be used for printing, mailings, and placed on the Keas at the Welcome Center.
Greg circulated a list of businesses he has visited in the past 2 months in Shell Lake, Stone Lake, Birchwood, Minong and the Spooner area.
Update RAMP Loan/Funds- Marge Quinn stated she has now received correspondence from Mike Daniels/Rural Development with confirmation stating there is no need for an Audit till Loan funds exceed $500,000.00
Preliminary Budget for 2013- Greg Krantz circulated an excel spreadsheet of 2013 Budget. Marge and Greg put together the revenues with expenses for the budget proposal for 2013. Marge Quinn circulated the expenses and revenues on a spreadsheet as well stating where WCEDC is at as of June with the 2012 Budget allowances. Ken Schultz made a motion to approve the Preliminary Budget for 2013, Lloyd Wallace 2nd the motion. M.C. by unanimous vote.
Other Concerns:
Greg Krantz updated the Board Members on Jerseys, Chuck Jenkins commented on the petition from the Tavern League asking for the approval of opening up trails one month earlier next year, with the consideration of weather, etc. Skip Fiedler updated Board Members on the Damn in Minong. Ken Schultz updated board members on City of Shell Lake’s completion on the Recreational Park. Mike Bobin made a motion to have Director Krantz endorse a letter of support for the City of Shell Lake Recreational Park, Rob Lester 2nd the motion. M.C. by unanimous vote.
Discussions were made on Greg sending all 2013 Membership Letters in July to all Municipalities.
Agenda items for July Meeting - WCEDC – to be determined
Next Monthly Meeting: Meeting July 18th, 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 Skip Fiedler. M.C. by unanimous vote.
Draft only! Board needs to approve at the July Meeting. Respectfully Submitted by Margie Quinn