HomeMy WebLinkAboutMinutes - 154th-October 29, 2007 signedTHE 154th SPECIAL MEETING OF THE
ECONOMIC DEVELOPMENT CORPORATION OF LIVONIA
The 154th Special Meeting of the Economic Development Corporation of Livonia
was called to order by Mr. Gerald Taylor, Chairman, at 5:00 p.m. on October 29,
2007, in the Fourth Floor Conference Room, 33000 Civic Center Drive, Livonia,
Michigan.
Directors present:
Directors absent:
Others present:
Gerald Taylor, Chairman
Kenneth Hale, Vice Chairman
Richard Hayward, Secretary
Charlotte Mahoney, Treasurer
Richard Gallagher
Angelo Plakas
Marshal Klevens
Mara Bloink
None
Mark Taormina, Executive Director
Tom Colis, Esq., Miller, Canfield, Paddock, Stone, PLC
Carl Creighton, Esq., Brasher Tangora, PLC
Leonard A. Wilhelm, Madonna University
Ms. Marge Watson, Recording Secretary
1. Roll call of members.
2. Adoption of the Minutes of the 153`d Special Meeting held by the
Economic Development Corporation on October 1, 2007.
On a motion made by Mahoney, seconded by Hale, and adopted, it was
#2007-68 RESOLVED, that the Minutes of the 153rd Special Meeting held
by the Economic Development Corporation on October 1, 2007,
are hereby approved.
A roll call vote on the foregoing resolution resulted in the following:
AYES:
NAYES:
ABSTAIN:
ABSENT:
Mahoney, Hale, Hayward, Gallagher, Taylor
None
Plakas, Bloink, Klevens
None
Mr. Taylor, Chairman, declared the resolution adopted.
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3. Madonna University Project. Leonard Wilhelm, Vice President of Finance
and Operations, Madonna University, presented an update on the
construction that has started for the new Science and Media building. Tom
Colis of Miller, Canfield, Paddock & Stone, legal counsel for the EDC,
explained his role as Bond Counsel for the EDC and the timing process for
the requisite EDC and City Council meetings to approve the project and
bonds. Mr. Colis recommended that the members approve the Project Plan
as presented.
On a motion duly made by Mahoney, supported by Plakas, and
unanimously adopted, it was
#2007-69 RESOLVED, that the Economic Development Corporation of
Livonia does hereby determine to approve the Project Plan for
the Madonna University project.
Mr. Taylor, Chairman, declared the resolution adopted.
3. Meeting Schedule. The next meeting will be held on Thursday, December
6, 2007, for the purpose of adopting a resolution to approve the issuance of
the bond. The meeting will be held at 5:00 p.m. in the 4th Floor Conference
Room at City Hall.
4. On a motion duly made and seconded, the 154th Special Meeting held by
the Economic Development Corporation of Livonia was adjourned at 5:20
p.m.
Respectfully submitted,
Richard Hayward, Secr
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