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HomeMy WebLinkAboutMinutes - 156th -October 5, 2009 signedTHE 156th SPECIAL MEETING OF THE ECONOMIC DEVELOPMENT CORPORATION OF LIVONIA The 156th 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 5, 2009, in the Third Floor Conference Room, 33000 Civic Center Drive, Livonia, Michigan. Directors present: Gerald Taylor, Chairman Kenneth Hale, Vice Chairman Charlotte Mahoney, Treasurer Directors absent: Richard Hayward, Secretary Angelo Plakas Others present: Mark Taormina, Executive Director Tom Colis, Esq., Miller, Canfield, Paddock, Stone, P.L.C. Marshal Klevens Mara Bloink Ms. Marge Watson, Recording Secretary 1. Roll call of members. Adoption of the Minutes of the 155th Special Meeting held by the Economic Development Corporation on December 6, 2007. On a motion made by Hale, seconded by Mahoney, and unanimously adopted, it was #2009-72 RESOLVED, that the Minutes of the 155th Special Meeting held by the Economic Development Corporation on December 6, 2007, are hereby approved. A roll call vote on the foregoing resolution resulted in the following: AYES: NAYES: ABSTAIN: ABSENT: Mahoney, Hale, Taylor None None Hayward, Plakas Mr. Taylor, Chairman, declared the resolution adopted. 2 3. Election of Additional Project Directors for the Madonna University Project. Tom Colis, Esq., Miller, Canfield, Paddock & Stone, legal counsel for the EDC, presented an update on the construction of the new Science and Media building and explained the process of bond re -issuance and interest rates. Further, he stated that the involvement of the EDC is for tax purposes only and it, nor the City, will have no liability as a result of the bond issuance. Mr. Colis requested that the members formally approve the re -appointment of Mr. Kleven and Ms. Bloink to the EDC Board and that the Resolution Recommending Appointment of Additional Directors for the Madonna University Project be submitted to the City Council for their review and approval. On a motion duly made by Mahoney, supported by Hale, and unanimously adopted, it was #2007-73 RESOLVED, that Marshall Kleven and Mara Bloink are hereby recommended to serve as Special Project Directors on the Economic Development Corporation Board for the Madonna University project and that the Resolution Recommending Appointment of Additional Directors for the Madonna University Project be submitted to the City Council for their review and approval. Mr. Taylor, Chairman, declared the resolution adopted. 4. Appointment of Acting Secretary. Ms. Charlotte Mahoney agreed to perform the duties of the secretary in the absence of the current Secretary. On a motion duly made by Taylor, supported by Hale, and unanimously adopted, it was #2009-74 RESOLVED, that Charlotte Mahoney shall perform the duties of the Secretary at the Special Meeting of the Economic Development Corporation of Livonia held on October 5, 2009, in the absence of the current Secretary. Mr. Taylor, Chairman, declared the resolution adopted. 5. Additional Items. (a) Currently there are vacancies on the EDC Board. The Board requested Mr. Taormina speak with the Mayor regarding new appointments to the Board. (b) The election of officers will be held at a subsequent meeting when all directors are present. 6. Meeting Schedule. Meetings are scheduled for Monday, October 26, 2009, at 5:00 p.m. and on Thursday, November 19, 2009, in the 4th Floor Conference Room at City Hall. 2 3 On a motion duly made and seconded, the 156th Special Meeting held by the Economic Development Corporation of Livonia on October 5, 2009, was adjourned at 5:20 p.m. Respectfully submitt cting Secretary 3