HomeMy WebLinkAboutMinutes - 147th - February 7, 2002 signedTHE 147t SPECIAL MEETING OF THE
ECONOMIC DEVELOPMENT CORPORATION OF LIVONIA
The 147`" Special Meeting of the Economic Development Corporation of Livonia was called
to order by Mr. Gerald Taylor, Chairman, at 5:35 PM on February 7, 2002 in the Third Floor
Conference Room, 33000 Civic Center Drive, Livonia, Michigan.
Directors present:
Mr. Gerald Taylor, Chairman
Mr. Kenneth Hale, Vice Chairman
Mr. Richard Hayward, Secretary
Mrs. Charlotte Mahoney, Treasurer
Mr. Richard Gallagher
Mr. Angelo Plakas
Directors absent: None
Others present: Mr. Mark Taormina, Executive Director
Mrs. Robby Williams, Recording Secretary
1. Roll call of members.
2. The next item on the agenda was the approval of the Minutes of the 146`" Special
Meeting held by the Economic Development Corporation on April 5, 2001.
3. On a motion duly made by Mr. Hale, seconded by Mrs. Mahoney, and unanimously
approved, it was
#2002-39 RESOLVED, that the minutes of the 146°i Special Meeting held by the
Economic Development Corporation on April 5, 2001, are approved,
Mr. Taylor, Chairman, declared the resolution adopted.
4. The next item on the agenda is the Treasurer's Report for the Period Ending
November 2001. Treasurer Mahoney reported that the current fund balance was
$18,289.35 and that there was an increase in the amount of $3,480.49. There was a
total of $6,955.00 in project application fees for February and November, 2001.
There was an interest income of $152.33. Salaries and wages total $1,300.00 and
FICA total $99,46. There was an expense incurred of $600.00 for accounting fees
and printing charges of $300.00. Total expenses are $3,626.84.
On a motion duly made by Mr. Gallagher, supported by Mr. Hale and unanimously approved,
it was
#2002-40 RESOLVED, that the EDC Treasurer's report for the period ending November
2001 is approved.
Mr. Taylor, Chairman, declared the resolution adopted.
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5. The next item on the agenda was a request for financial support from the EDC to pay
for the City of Livonia's participation in the upcoming Business Expo being planned
by the Livonia Chamber of Commerce to be held February 27, 2002. Mr. Taormina
reported that the sharing of costs would be the same as last year, one-third of the
expense to be provided by the Economic Development Corporation, which is
$467.00 and two-thirds of the expense to be provided by the Plymouth Road
Development Authority.
Mrs. Mahoney suggested that they would like to see handouts available to distribute at the
EXPO booth and that the efforts of the EDC be reflected in some way at the booth. Mr. Plakas
also felt that there should be more informational material available for distribution and to let
people know that "We are in town".
On a motion duly made by Mrs. Mahoney, supported by Mr. Hayward and unanimously
approved, it was
#2002-41
RESOLVED, that the Economic Development Corporation of Livonia does
hereby determine to provide funds in the amount of $467.00 to the City of
Livonia to cover one-third the cost of $1400.00 for the rental of two booths at
the Expo to be conducted by the Livonia Chamber of Commerce on February
27, 2002, and does hereby authorize the Accounting Department of the City of
Livonia to issue a check in the amount of $467.00 payable to the Livonia
Chamber of Commerce for this purpose.
Mr. Taylor, Chairman, declared the resolution unanimously adopted.
6. The next item on the agenda was the EIection of Officers. Mr. Hale offered a motion to
have the officers remain in their present positions. Mr. Taylor suggested that two more
members be added to the EDC Board.
On a motion duly made by Mr. Hale, supported by Mr. Gallagher, and unanimously approved,
it was
#2002-42 RESOLVED, that the officers currently serving on the EDC Board remain in
their current positions for the year 2002.
Mr. Taylor, Chairman, declared the resolution adopted.
7. Mr. Taylor, Chairman, presented Mr. Richard Hayward with a 15 year pin for his years
of service to the City of Livonia serving on the Economic Development Corporation
Board.
8. On a motion duly made and seconded the 147th Special Meeting held by the Economic
Development Corporation of Livonia was adjourned at 6:05 P.M.
Respectfully submitted,
-J
Richard Hayward, Secretary
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