TENTATIVE

AGENDA

Loudon County Economic Development Agency Board of Directors/

Joint Economic and Community Development Board

Board Meeting

Williamson House

2:30 p.m.

 

February 25, 2010

 

 

 

 

 

 

a.      Employee Benefits

b.     Employee Manual

 

 

 

 

 

 

 

 

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TENTATIVE

AGENDA

Loudon County Economic Development Agency

Joint Economic and Community Development Board/

Executive Committee Meeting

Williamson House

3:00 p.m.

 

February 25, 2010

 

 

 

                           Approval of minutes from the December 7, 2009 meeting

 

 

 

 

 

 Draft Minutes of Past Meeting

 

UNAPPROVED

Loudon County Economic Development Agency/

Joint Economic and Community Development Board

Executive Committee Meeting

Tanasi Restaurant, Loudon

December 7, 2009

 

 

The following members were present: Chairman Doyle Arp, Lynn Mills, and Dale Hurst.

 

Also present were:  LCEDA staff members Pat Phillips, Kathy Knight and Stephanie Myers. 

 

Chairman Doyle Arp called the meeting to order at 12:15 p.m. 

 

Approval of Minutes from the July 23, 2009 meeting

Minutes for the meeting were mailed/emailed to committee members prior to the meeting for review.  Dale Hurst moved and Lynn Mills seconded a motion to approve the minutes from the July 23, 2009 meeting. Motion carried.

 

Additional Business

Pat Phillips stated the handicap ramp is being completed, and all future meetings will be held at the Williamson House now that it will be ADA compliant. 

 

There being no further business, Chairman Doyle Arp adjourned the meeting at 12:30 p.m.

 

_______________________

Stephanie Myers, Recording Secretary

 

 

Draft Minutes of Past Meeting

 

UNAPPROVED

Loudon County Economic Development Agency/

Joint Economic and Community Development

Board of Directors Meeting Minutes

Tanasi Restaurant, Loudon

December 7, 2009

 

 

The following members were present: Chairman Doyle Arp, Lynn Mills, Dale Hurst, Rodney Grugen, Bruce Giles, Michael Bobo, Jeffrey Feike, and Harvey Sproul. 

 

Also present were:  LCEDA staff members Patrick Phillips, Kathy Knight, Stephanie Myers, and Amber Scott from Lenoir City Hall.

 

Chairman Arp called the meeting to order at 12:30 p.m.

 

Approval of Minutes from the October 1, 2009 meeting

Minutes for the meeting were mailed/emailed to committee members prior to the meeting.  Jeffrey Feike moved and Lynn Mills seconded a motion to approve the minutes from the July 23, 2009 meeting.  Motion carried unanimously.

 

Financial Report Update

Treasurer Charlie Bettis was not in attendance, so the financial report was read by Kathy Knight, who reviewed the Balance Sheet and Profit/Loss Statement as of November 30, 2009 with the board.  The issue with the Certificate of Deposit has been rectified with a journal entry.  Jeffrey Feike made a motion to recommend approval of the financial reports, seconded by Bruce Giles.  Motion carried unanimously.

 

Annual Report

Kathy Knight mentioned that there is an electronic presentation/report available that she does at the end of every fiscal year, if any of the members were interested in having that.  It includes many of the charts shown in the Annual Report. 

Bruce Giles made a motion to approve the Work Program in the Annual Report, seconded by Jeffrey Feike.  Motion passed unanimously.

 

Marketing Material

Pat Phillips explained that the marketing budget for the agency would have been exhausted had it not been for the monies available through Innovation Valley.  A large sum of that available money was used for new branding material for both the Agency and TRDA.  Discussion ensued regarding the value of education and its effect on the community and incoming industry.  Phillips stated that the agency has entered into a Memorandum of Understanding with the Education Foundation for them to fulfill the component for the Education Initiative requirement for Innovation Valley, which amounts to funding approximately $25,000 to the Foundation.  This benefits both the agency and the Foundation to fulfill the education outreach in the community.  Phillips continued that the thing that hurts our community the most in terms of creating jobs is the low educational attainment for the population and the non-attainment issue.  Non-attainment for air quality is a critical issue because if a site consultant is looking for a community that has attainment, we are automatically disqualified from consideration. 

 

Projects and Prospect Activity Reports

Phillips stated the State ECD has a component called Retire Tennessee which is designed to attract more retirees to the community.  Kathy Knight and Michael Bobo had attended a conference for this in Chattanooga.  Knight explained that there are 10 or 11 communities already involved in this.  If you are a member, you are required to have an annual budget, a 1-800 line, marketing materials, make a contribution to Retire Tennessee, and attend at least one trade show per year.  Right now Tennessee and Mississippi are the only states represented at these trade shows.  The booth is shared with the state.  Loudon County could possibly partner with local developers to assist with the funding for this.    These developers (TN National, Rarity Bay, etc.) also need the exposure to attract retirees to this area.  Harvey Sproul made a motion for the agency to become involved in Retire Tennessee, seconded by Bruce Giles.  Motion carried.

 

Additional Business

Chairman Arp thanked Jeffrey Feike for his service on the Board.  There being no further business, the meeting was adjourned at 1:30 p.m.

 

______________________________

Stephanie Myers, Recording Secretary

 

 

 

 

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02-21-10