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11.16.1999 EDC Minutes83 MINUTES OF KENNEDALE ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS REGULAR MEETING — NOVEMBER 16, 1999 100 E. BROADWAY ST. — COMMUNITY CENTER President Vaughn called the meeting to order at 7:07 p.m. Members present: Nita Vaughn, Robert Mundy, Ron Kovach, John Berry, Wayne Winter, and Margaret Eichelberger. Rob Morris arrived at 7:11 p.m. Members absent: None Staff present: Ted Rowe, Kathy Turner, and Lynette Whidden. ITEM NO. 1 — Consideration of minutes: October 26, 1999 — Regular Meeting November 4, 1999 — Public Hearing November 4, 1999 — Special Meeting John Berry moved to approve the minutes above contingent upon the following corrections: (1) Page 78 - Correct meeting date from October 29, 1999 to read "October 26, 1999 "; and (2) Page 81— Omit the last sentence under item number one, paragraph one. Wayne Winters seconded the motion with all members voting in favor. ITEM NO. 2 — Consideration of Financial Reports. Wayne Winters moved to approve the financial reports, seconded by Rob Morris. Motion carried. ITEM NO. 3 — Consideration of implementation of Commercial Revitalization Grant to include: award criteria and application format. Ron Kovach moved to approve the implementation of Commercial Revitalization Grant Award Criteria and Application Format as outlined in the attached document, seconded by Robert Mundy. Motion carried. Margaret Eichelberger reminded members that the criteria and format would be submitted to legal counsel for review prior to implementation, and additional changes may be brought forth. ITEM NO. 4 — Consideration of maximum number of dollars available for grant per year. Margaret Eichelberger moved that the corporation award up to a total of $40,000.00 for visual improvement grants for FY 2000 (October 1999 through September 2000) and award up to a total of $200,000.00 for functional improvement grants for FY 2000 (October 1999 through September 2000), seconded by Robert Mundy. Motion carried. ITEM NO. 5 — Consideration of maximum number of dollars available per applicant per year. Robert Mundy moved that the maximum dollars available for FY 2000 be set at $5,000.00 per address for visual improvement grants and $30,000.00 per address for functional improvement grants. Ron Kovach seconded the motion and all members voted in favor. 84 ITEM NO. 6 — Consideration of changing web provider. Margaret Eichelberger moved to change web providers to A & 0 Associates with a fee of $660.00 per year, seconded by Rob Morris. Motion carried. ITEM NO. 7 — General discussion. It was suggested that after legal counsel completes its review of the Commercial Revitalization Grant Program that the public be made aware through various publications and presentations in city organizations. No other discussion before the board, Wayne Winter moved to adjourn the meeting at 8:52 p.m., seconded by Ron Kovach. Motion carried. ATTEST: Secretary !PROVE Pie dent, Nita Vaughn