GASCONADE VALLEY ENTERPRISE ZONE
BOARD MEETING

January 28, 2010
Maries County Bank, Vienna, MO  

CALL TO ORDER
President Byron Baker called the January 28, 2010, meeting of the Gasconade Valley Enterprise Zone to order at 1:00 p.m. at the Maries County Bank, Vienna, MO.

BOARD MEMBERS PRESENT
Byron Baker, and Russell Scheulen – Osage County; Jerry Lairmore – Gasconade County; Ray Schwartze and Mark Hayes – Maries County.

BOARD MEMBERS ABSENT
Leslie Clark, James Decker and Jay Gourley.

REVIEW AND APPROVAL OF MINUTES
Ray Schwartze made a motion to approve the December 3, 2009 minutes. Mark Hayes seconded the motion, and the motion passed unanimously.

FINANCIAL/ADMINISTRATIVE REPORT – ­ B. PRIGGE
Bonnie Prigge presented the financial report for period ending December 31, 2009. Revenue for that timeframe was bank interest of $230.10. Expenses for that timeframe were fiscal administration and MRPC technical assistance, and $5,144.87 for Enhanced Enterprise Zone assistance totaling $6,505.25. The total fund equity as of December 31, 2009 is $59,263.89.

Russell Scheulen made a motion to accept the financial report, as presented. Mark Hayes seconded the motion, and the motion passed unanimously.

Ms. Prigge suggested that staff send a letter the first week of February requesting contributions.

Ms. Prigge reported no change in the proposed budget from the last meeting except Gasconade County reduced their contribution from $1,500 to $1,000. Maries and Osage counties are each expected to donate $500. Total revenue is expected to be $12,000 for FY2010. The board suggested increasing travel/meeting expenses from $500 to $800 and reducing the amount of Enhanced Enterprise Zone assistance from $7,500 to $7,000. The total expenditures expected for FY 2010 is $39,025.

Ray Schwartze made a motion to approve the proposed 2010 budget. Mark Hayes seconded the motion, which passed unanimously.

Ms. Prigge reported that Kim Staley is working on the third party review for 2008 and 2009.

BOARD APPOINTMENTS:
Bonnie Prigge reported that Jim Decker, Ray Schwartze and Byron Baker were appointed to the GVEZ board by their respective counties. The slate of officers is as follows: Byron Baker – President; Mark Hayes – Vice President; Russell Scheulen – Treasurer; and Jay Gourley – Secretary.

Jerry Lairmore made a motion to approve the slate of officers. Mark Hayes seconded the motion, which passed unanimously.

The board agreed to modify the GVEZ Bylaws to include EEZ members by changing Article III Section 3.2 Nomination and Appointment of Directors to read, “ Directors shall be appointed from the counties served by the Gasconade Valley Enterprise Zone, Inc. and be a member of an Enhanced Enterprise Zone within the city/county.”

The board agreed to amend the GVEZ Bylaws Article III, Section 3.3 Terms of Directors to read, “Directors shall serve five-year terms. For the first year under these bylaws (1995), terms will be staggered so that only two positions per county comes due any give year. It will be at the discretion of the county commissions to assigned staggered terms”.

After discussion regarding the GVEZ Board of Directors and the Enhanced Enterprise Zone Board of Directors, Bonnie Prigge explained that EEZ board members will become GVEZ members. Maries County will have two EEZ representatives and Mark Hayes on the GVEZ board. Gasconade County will have two EEZ representatives plus Jay Gourley. Osage County will have three EEZ representatives (possibly one appointment from Chamois, if they are willing to participate).

Jerry Lairmore made a motion to elect the slate of officers for 2010. Mark Hayes seconded, the motion passed unanimously.

ADJOURNMENT
The meeting adjourned at 2:15 p.m.

Minutes Approved:

President Date

Attest Date