HomeMy WebLinkAboutMinutes - 53rd - May 12, 1983 signedMINUTES OF A REGULAR MEETING OF THE ECONOMIC DEVELOPMENT CORPORATION
OF LIVONIA
A Regular Meeting of the Economic Development Corporation of Livonia was called
to order by the Chairman, Peter Ventura, at approximately 5:02 p.m., May 12, 1983,
in the Council Chambers of the City Hall, 33000 Civic Center Drive, Livonia,
Michigan. The Secretary called the roll:
Directors Present: Mr. Frank Hand
Mr. Kenneth Hale
Mr. Alan Helmkamp
Mr. Robert Jankowski
Ms. Helen Kavanaugh
Mr. Ron Mardiros
Mr. Stanley Telman
Mr. Peter Ventura
Directors Absent: Mr. Angelo Plakas
Others Present: Mr. Ray Lech, Chamber of Commerce
Mr. John White, City/Chamber Retention Committee
Mr. Daniel J. Gilmartin, Executive Director
Ms. Marie E. King, Recording Secretary
On a motion by Mr. Hale, supported by Mr. Jankowski, and unanimously
adopted, it was
#83-312 RESOLVED, that the minutes of February 10, 1983, of the
Regular Meeting of the Economic Development Corporation of Livonia
be approved as submitted.
Alan Helmkamp read the Treasurer's Report. There is currently $29,820.33 in
the various accounts. $27,000 is invested in C.D. Accounts; $2,128.28 is in the
Savings Account; and
28.20 in in the checking account.
On a motion by Mr. Telman, supported by Mrs. Kavanaugh, and unanimously
adopted, it was
#83-313 RESOLVED, that the Treasurer's Report be accepted as submitted.
A copy of the Financial Report prepared by Plante & Moran for the year ended
November 30, 1982, was distributed to each director for their records.
On a motion by Mr. Telman, supported by Mr. He]mkamp, and unanimously
adopted, it was
#83-314 RESOLVED, that the Economic Development Corporation of the City
of Livonia, Michigan Financial Report Year Ended November 30, 1982
prepared by Plante & Moran be accepted as submitted.
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The next item on the agenda was the discussion of a joint sponsorship of the
2nd Annual Business Appreciation Day Reception planned for June 2 from 4:30 p.m.
to 7:00 p.m. with the Chamber of Commerce.
On a motion by Mr. Mardiros, supported by Mrs. Kavanaugh, it was
#83-315 RESOLVED, that the Economic Development Corporation of Livonia,
Michigan appropriate $3,000 for the joint sponsorship of the 2nd Annual
Business Appreciation Day Reception in conjunction with the Chamber of
Commerce.
A roll call vote was taken on the foregoing resolution with the following result:
AYES: Hale, Hand, He3mkamp, Jankowski, Kavanaugh, Mardiros, Telman, Ventura
NAYS: None
The Chairman declared the resolution adopted.
At this time, Mr. Lech spoke about the "I Care America" program. This is a
program headed by Mr. Charles Costa with the goal of putting all the unemployed
back to work. The Chamber in Livonia has supported the program and over 1300 jobs
have been created or people laid off have been called back. The "I Care America"
people would like to participate in the Business Appreciation Day by selling Bumper
Stickers and T-Shirts at the Reception. Members of the Board expressed some concern
that this might "clutter up the day", and no one else is allowed to sell anything at
the reception so why make this exception.
On a motion by Mr. Mardiros, supported by Mrs. Kavanaugh, and unanimously
adopted, it was
#83-316 RESOLVED, that the request to sell T-Shirts and Bumper Stickers
by the "I Care America" people be denied because this Board does not know
enough about this organization, and the Board does not think this Reception
is the place for selling anything.
The Executive Director presented a letter received from the Union Bank, re: the
51,800,000 EDC Bond for the Allen Project. The Union Bank is requesting permission
to sell a participation interest in the Bond to the Daily Tax Free Income Fund, Inc.
The Executive Director has not received any legal opinions from Miller/Canfield
at this time.
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On a motion by Mr. Helmkamp, supported by Mr. Hand, and unanimously
adopted, it was
#83.317 RESOLVED, that this matter be tabled until legal opinion
by Miller/Canfield is available.
On a motion by Mr. Hale, supported by Mr. Telman, and unanimously
adopted, it was
#83-318 RESOLVED, that the Regular Meeting of the Economic Development
Corporation of Livonia of May 12, 1983, be adjourned at 5:25 p.m.
Respectfully submitted,
Ron Mar." ro:, Secretary