President Louie Villella called the meeting to order at 7:30 a.m. at the Washburn County Economic Development Office-located at 208 Vine Street-Spooner, WI 54801
Present: Louie Villella, Rob Paine, Jim Bethel, Rob Lester, Greg Krantz, Lloyd Wallace, Morris Gillett, and Pete Paine.
Absent: Mark Krueger, and Chuck Jenkins
Others Present: Margie Quinn,and Dick Hartmann,
Concerned Citizens: None
Lloyd Wallace made a motion to approve the agenda, Rob Paine 2nd the motion. M.C. by unanimous vote.
Approval of meeting Minutes-Rob Paine made a motion to approve minutes from June 24, 2010. Rob Lester 2nd the motion. M.C. by unanimous vote.
Treasurer’s Report by Jim Bethel-Jim read the monthly Treasurer’s report and reported on the monthly bills. The total expense for July/August was $$8711.72. Checking account balance is $34,204.37 and an additional $9137.90 in the CD account to be used for ½ marketing expenses, ½ for business plan development, and advertising. Total available funds are $43,342.27. Treasurer Jim Bethel suggested Marge and Jim set up a meeting with Laura from Anderson Hager and Moe. Jim stated the reports are duplicated and time consuming. Jim and Marge will present the suggestions after their meeting with Laura at the September meeting. Marge Quinn has provided board members with a Treasurer Report, P& L report monthly and a balance detail from QB. Rob Paine made a motion to approve Treasurer Report and pay bills, 2nd by Lloyd Wallace. M.C. by unanimous vote.
Directors Report was circulated to board members for review. The President Louie Villella asks Board members for questions or comments. Discussions were made. President Louie Villella stated Dick visits to Trego listed on his director report for August, were duplicated from July Director Report. Dick stated he has completed sent 3 grants in as of today’s date. Greg Krantz asked Dick if township, Cities and Villages were sent the membership letter to allow in their budgets for 2011. Dick Hartmann reassured Board Members that the letters had been sent to the townships, cities, and villages.
Dick Hartmann circulated a draft of a sample contribution list for memberships at the request of Pete Paine. Board members reviewed and the decision was to stay with the present membership guidelines.
Discussions/Action on WCEDC and WCIDA Contract - President Louie Villella presented the contract proposal to WCEDC Members for EDC approval. Louie stated there were a couple of changes from the WCIDA Board to include; WCIDA Board has duly selected the Administrative Coordinator on an 80% time basis, of the Corporation to provide Administration for a term of 12 months. WCIDA Board agreed to contract with WCEDC in the amount of $40,000.00 annually from July 1, 2010 to June 30th, 2011. This amount was based on the outstanding loan amounts as a 2.88% percentage. WCIDA approved a percentage rate range that would be 2.75- 3.25 % of the outstanding loan balances from the previous year audit dated June 30, 2009. Lloyd Wallace made a motion to accept the WCEDC/WCIDA contract for 2010/2011 with the so noted changes WCIDA made. Greg Krantz seconded the motion. M.C. by unanimous vote.
President Louie Villella will sign WCEDC/WCIDA Contract and forward to Chairman Steve Sather from WCIDA for signature.
Unemployment Insurance-Rob Lester made a motion to continue to pay Unemployment Insurance for WCEDC Staff. Pete Paine 2nd the motion. M.C. by unanimous vote.
Next Monthly Meeting: Wednesday, September 15, 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 Rob Lester. M.C. by unanimous vote.
Respectfully Submitted by,
Draft only! Board needs to approve at the September Meeting.