GASCONADE VALLEY ENTERPRISE ZONE
BOARD MEETING
December 2, 2010
The Café Company Owensville, MO
CALL TO ORDER
President Byron Baker called the December 2, 2010, meeting of the Gasconade Valley Enterprise Zone to order at 4:10 p.m. at the Café Company, Owensville, MO.
BOARD MEMBERS PRESENT
Byron Baker, and Russell Scheulen – Osage County; Jerry Lairmore and Jim Decker – Gasconade County.
BOARD MEMBERS ABSENT
Larry Backes, Jay Gourley, Mark Hayes, Ray Schwartze and Leslie Clark.
REVIEW AND APPROVAL OF MINUTES
Jerry Lairmore made a motion to approve the minutes of the September 23, 2010 GVEZ meeting. Jim Decker seconded the motion, which passed unanimously.
Bonnie Prigge announced her resignation and introduced Tonya Price who will be handling GVEZ activities for MRPC.
FINANCIAL REPORT – B. PRIGGE
Bonnie Prigge presented the financial report for period ending October 31, 2010. Revenue for that timeframe was bank interest of $215 and contributions totaling $550. Expenses for that timeframe were fiscal administration and MRPC technical assistance, and $203 for Enhanced Enterprise Zone assistance totaling $1,152. The total fund equity as of October 31, 2010 is $54,159.81.
Linn Area Development Corporation funds have been transferred to GVEZ, however do not show up on the October 31 financials.
Russell Scheulen made a motion to approve the financial report, as presented. Jim Decker seconded the motion, and the motion passed unanimously.
Byron Baker asked if EEZ boards are covered under directors/errors/omissions insurance. Ms. Prigge thinks the EEZs would be covered by the county because each board member is appointed by the county and suggested that members check with their county’s insurance carrier. Jerry Lairmore believes if they are listed on the counties’ policy, they should be covered.
2011 BUDGET – B. PRIGGE
Ms. Prigge presented the 2011 proposed budget showing revenue over expenditures expected at $19,995.
Jerry Lairmore made a motion to approve the proposed budget as presented. Jim Decker seconded the motion, which passed unanimously.
THIRD-PARTY REVIEW – B. PRIGGE
Bonnie Prigge reported that Kim Staley can conduct the third-party review of GVEZ financials for 2010, 2011 and 2012. The cost will be $175 per year.
Russell Scheulen made a motion to approve the review. Jerry Lairmore seconded the motion, which passed unanimously.
2011 MEETINGS – B. PRIGGE
Ms. Prigge presented the 2011 GVEZ meeting calendar. The meetings will be held at the same locations as last year.
BOARD APPOINTMENTS – B. PRIGGE
Bonnie Prigge reported that staff will mail letters to commissions by December 31 st. Mark Hayes, Jay Gourley and Russell Scheulen’s board terms expire. The bylaws change approved at the last meeting states that appointed board members must be member of an EEZ board.
The nominating committee will meet before the January meeting. The nominating committee members are: Jerry Lairmore, Leslie Clark and Russell Scheulen.
Staff was asked to leave the room. Jerry Lairmore made a motion to send a letter to MRPC. Russell Scheulen seconded the motion. The motion passed unanimously.
OTHER BUSINESS/NEXT MEETING/AGENDA ITEMS FOR NEXT MEETING ADJOURNMENT
The meeting adjourned at 5:25 p.m.
Dinner was followed by a presentation from Luke Holtschneider and Carol Shoemaker from the Missouri Department of Economic Development. Bonnie Prigge of MRPC discussed GVEZ’s role in the new enhanced enterprise zones. She explained the importance of working with DED on getting paperwork in place. Ms. Prigge reported that EEZ meetings fall under the Missouri Sunshine Law and are open to the public. She urged members to be discreet when discussing company information, include project information. She reminded the board to try to have an understanding with media to maintain confidentiality regarding company information, because projects can be lost when too much information is made known too early.
Ms. Prigge discussed GVEZ’s vision of bringing EEZs under its umbrella to handle marketing, fundraising and provide administration and staffing assistance. GVEZ bylaws require members to serve on an EEZ board. GVEZ will help EEZs host annual meetings of each EEZ, annual reports and ensuring that board appointments are current. All EEZ members would be asked to assist with fundraising. Ms. Prigge said EEZs and GVEZ should meet in January to discuss strategy for hiring a developer and conducting fundraising in advance. Boards should consider three-year pledges from donors for easier three-year commitments on jobs and to consider foundations for fundraising, i.e., Ameren, Wal-Mart and Kingsford.
Bonnie Prigge thanked everyone and said it has been a pleasure working with everyone through GVEZ.
Minutes Approved:
President Date
Attest Date