HomeMy WebLinkAboutMinutes - 149th - March 3, 2004 signedTHE 149th SPECIAL MEETING OF THE
ECONOMIC DEVELOPMENT CORPORATION OF LIVONIA
The 149th Special Meeting of the Economic Development Corporation of Livonia was
called to order by Mr. Gerald Taylor, Chairman, at 5:08 p.m. on March 3, 2004 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
Ms. Charlotte Mahoney, Treasurer
Mr. Richard Gallagher
Mr. Angelo Plakas
Directors absent: None
Others present:
Mayor Jack Engebretson
Mr. Marls Taormina, Executive Director
Mr. Jeff Bryant, Economic Development Director
Ms. Marge Roney, Recording Secretary
1. Roll call of members. Mr. Plakas arrived 5:15 p.m.
2. The next item on the agenda was the approval of the Minutes of the 148th Special
Meeting held by the Economic Development Corporation on March 6, 2003.
On a motion duly made by Mrs. Mahoney, seconded by Mr. Hale, and unanimously
adopted, it was
#2004-48 RESOLVED, that the minutes of the 148th Special Meeting held by
the Economic Development Corporation on March 6, 2003, are
approved.
A roll call on the foregoing resolution was taken with the following result:
AYES: Mahoney, Hale, Gallagher, Hayward, Taylor
NAYES: None
ABSTAIN: None
ABSENT: Plakas
Mr. Taylor, Chairman, declared the resolution adopted.
3. The next item on the agenda was the Treasurer's Report for the period ending
November 30, 2003. Treasurer Mahoney reported that the current fund balance is
$4,191.28, revenue income is $52.06 and expenses were $11,876.80.
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On a motion duly made by Mr. Hayward, seconded by Mr. Hale, and unanimously
adopted, it was
#2004-49 RESOLVED, that the Economic Development Corporation
Treasurer's Report for the period ending November 30, 2003, is
approved.
Mr. Taylor, Chairman, declared the resolution adopted.
The monthly charge of $50 for accounting fees and the audit fee of $600.00
were questioned because there are no incoming or outgoing expenses. Mr.
Taormina stated that the EDC will not need to finance the Business Expo this year
as the fee has been reduced and provisions have been made in the Planning
Department's budget for that purpose.
Since the Economic Development Corporation was not involved in any
activity during the past year, there was discussion on how to better use the services
of the EDC to assist the City. It was suggested that the bylaws be reviewed to see
what activities are permitted. Mr. Taormina stated that as long as any activity was
related to economic development that it probably would be permitted. It was
questioned if the EDC could assume the functions of a Brownfield Development
Authority. Mr. Bryant explained that the services of Wayne County are currently
used for brownfield developments within the City.
In response to Ms. Mahoney's query about prospective new projects, Mr.
Bryant stated that he would like the City of Livonia Community Profile flyer
updated and reprinted since it provides important demographics for prospective new
businesses. Originally, it was a John venture with Detroit Edison and Mr. Bryant
will find out if Edison retained the information on their computers for ease of
updating and reprinting. Mr. Taylor requested Mr. Bryant to contact him when this
information is available.
Mr. Taylor questioned the vacancy rate of industrial buildings in the City. Mr.
Bryant stated that there is a 13.5 percent vacancy rate, which is approximately what
the national average is.
3. The next item on the agenda was the Election of Officers. Mr. Hayward offered a
motion to have the officers remain in their present positions.
On a motion duly made by Mr. Hale, supported by Mrs. Mahoney, and unanimously
adopted, it was
#2004-50 RESOLVED, that the officers currently serving on the Economic
Development Corporation Board remain in their current positions for
the year 2004.
Mr. Taylor, Chairman, declared the resolution adopted.
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4. Salaries and wages for the Economic Development Corporation board members.
Due to the inactivity of the Board and the lack of revenue, it was decided to waive
the yearly stipend for the annual meeting.
On a motion duly made by Mr. Plakas, supported by Mr. Hayward, and
unanimously adopted, it was
42004-51 RESOLVED, that the salaries and wages for officers serving on the
Economic Development Corporation Board in the amount of $50.00
per officer are hereby waived effective with Annual Meeting of March
3, 2004.
Mr. Taylor, Chairman, declared the resolution adopted.
5. On a motion duly made and seconded, the 149t" Special Meeting held by the
Economic Development Corporation of Livonia was adjourned at 5:45 p.m.
Respectfully submitted,
Richard Hayward, Secretary
/mr
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