HomeMy WebLinkAboutMinutes - 157th -October 26, 2009 signedTHE 157th SPECIAL MEETING OF THE
ECONOMIC DEVELOPMENT CORPORATION OF LIVONIA
The 157th 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 26,
2009, in the Third Floor Conference Room, 33000 Civic Center Drive, Livonia,
Michigan.
Directors present:
Gerald Taylor, Chairman
Richard Hayward, Secretary
Charlotte Mahoney, Treasurer
Marshal Kleven
Mara Bloink
Directors absent: Kenneth Hale, Vice Chairman
Angelo Plakas
Others present:
Mark Taormina, Executive Director
Tom Colis, Esq., Miller, Canfield, Paddock, Stone, P.L.C.
Ms. Marge Watson, Recording Secretary
1. Roll call of members.
2. Adoption of the Minutes of the 156th Special Meeting held by the
Economic Development Corporation on October 5, 2009.
On a motion made by Mahoney, seconded by Taylor, and unanimously
adopted, it was
#2009-75 RESOLVED, that the Minutes of the 156th Special Meeting held
by the Economic Development Corporation on October 5, 2009,
are hereby approved.
A roll call vote on the foregoing resolution resulted in the following:
AYES:
NAYES:
ABSTAIN:
ABSENT:
Mahoney, Taylor, Hayward
None
None
Hale, Plakas
Mr. Taylor, Chairman, declared the resolution adopted.
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3. Amendment to Project Plan for the Madonna University Project. Tom
Colis, Esq., Miller, Canfield, Paddock & Stone, legal counsel for the EDC,
presented an overview of the project and explained the process of bond re -
issuance for a savings of over $3 million for Madonna University. Mr. Colis
requested that the members formally approve the "Resolution Approving
Amendment to Project Plan for Madonna University Project" and that it be
submitted to the City Council for a public hearing on November 9, 2009, and
adoption at the Regular Meeting of the City Council on November 18, 2009.
On a motion duly made by Hayward, supported by Mahoney, and
unanimously adopted, it was
#2009-76 RESOLVED, that the Economic Development Corporation of
Livonia does hereby approve the Amendment to the Project
Plan for the Madonna University Project and requests that the
Amended Plan be submitted to the City Council for a public
hearing on November 9, 2009, and for their review and approval
at the Regular Meeting of the City Council on November 18,
2009.
A roll call vote on the foregoing resolution resulted in the following:
AYES: Hayward, Mahoney, Bloink, Kleven, Taylor
NAYES: None
ABSTAIN: None
ABSENT: Hale, Plakas
Mr. Taylor, Chairman, declared the resolution adopted.
4. Meeting Schedule. The next meeting is scheduled for Thursday,
November 19, 2009, in the 3rd Floor Conference Room at City Hall.
On a motion duly made and seconded, the 157th Special Meeting held by
the Economic Development Corporation of Livonia on October 26, 2009,
was adjourned at 5:25 p.m.
Respectfully submitted,
Richard Hayward, Secreta
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