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04.21.1998 EDC Minutes38 MINUTES OF KENNEDALE ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS REGULAR MEETING — APRIL 21, 1998 100 E. BROADWAY ST. — COMMUNITY CENTER Vice - President Eichelberger called the meeting to order at 6:30 p.m. Members present: Margaret Eichelberger, Tom Boone, Nita Vaughan, John Berry and Michael Box. Members absent: Ron Kovach ITEM NO. 1 - Consideration of electing a President. Ballots were presented to board members for their selection of a President. Margaret Eichelberger was selected as President. Board members then discussed the procedures for electing a Vice - President and were advised that they could go ahead, select that person, and take confirming action at their next regularly scheduled meeting. Nita Vaughn was recommended for the position of Vice - President with official action to follow at the regular meeting in May 1998. ITEM NO. 2 — Consideration of minutes: Regular Meeting — February 17, 1998 Workshop — February 24, 1998 Workshop — February 25, 1998 John Berry moved to approve the minutes above as they were submitted, seconded by Nita Vaughn. Motion carried with all members voting in favor. ITEM NO. 3 - Consideration of Financial Reports. Financial reports were presented and reviewed by each member present. No other action was taken. ITEM NO. 4 — Consideration of Strategic Plan. John Berry moved to approve the Strategic Plan contingent upon the following changes: Page 10, Objective A: - Action Sept A -1: Change "VP. of E.D.C. Board" to "President of E.D.C. Board "; Objective C: - Delete Action Step C -1 and Step C -2 in its entirety and replace with Action Step C -1 to read "Develop a resolution to the City Council to encourage meetings with Forest Hill's City Council to affect this result. President of E.D.C. Board Completion: 5/98 "; and Page 11, Action Step D -1: Change the completion date from "3/98" to "7/98 "; Action Step D -2: Change "E.D. & Chamber Directors to read "E.D. Director" and change completion date from "3/98" to "6/98"; Action Step D -3: Change completion date from "4/98" to "6/98"; Action Step D -4: Change completion date from "4/98" to "7/98"; and Action Step D -5: Change completion date from "5/98" to "8- 9/98 ". Michael Box seconded the motion and motion carried. 39 ITEM NO. 5 — Consideration of recommendations to City Council for appointment of new member to fill Place 5 vacancy. Michael Box moved to recommend Rob Morris to City Council to fill the vacancy of Place 5, seconded by John Berry. Motion carried with no opposition. ITEM NO. 6 — General discussion. Board members were provided Conflict of Interest Affidavits and were advised on the procedures of their use and filing requirements. There being no further discussion, President Eichelberger adjourned the meeting at 7:20 p.m. APPROVED: ATTEST: Kathy Secretary ry Margaret Eichelberger \J President