Economic Development Corporation - Regular Meeting

Economic Development Corporation City Hall Minutes Packet 300 Monroe Ave NW, 9th Floor Grand Rapids, MI 49503 December 7, 2022 @ 8:30 AM City Commission Chambers I. Call to Order The meeting was called to order at 9:18 AM by Chair Guillermo Cisneros PRESENT: Guillermo Cisneros, Kristine Bersche, Troy Butler, Commissioner Milinda Ysasi, John VanFossen, Martin Uchendu ABSENT: Lynn Rabaut, Commissioner Nathaniel Moody, Daniel Barcheski, Kim McLaughlin, Micah Perkins OTHERS: Jeremiah Gracia, Jonathan Klooster, Christian Borg, Jordan Turner, Jessica Solis, Chad Buczkowski, Tricia Chapman, Jessica Wood, Mackenzie Miller (MEDC) II. Excused Absences The members who alerted the Executive Director that they would be unable to attend ahead of time were listed. Motion to excuse the absence of Lynn Rabaut, Commissioner Nathaniel Moody, Daniel Barcheski, Kim McLaughlin and Micah Perkins. RESULT: ADOPTED [UNANIMOUS] MOVER: Milinda Ysasi, Commissioner SECONDER: John VanFossen, Member YEAS: Cisneros, Bersche, Butler, Ysasi, VanFossen, Uchendu ABSENT: Rabaut, Moody, Barcheski, McLaughlin, Perkins III. Minutes Approval 1. Approval of Minutes from October 26, 2022 No questions or corrections were made. Motion to approve the minutes from October 26, 2022. RESULT: ACCEPTED [UNANIMOUS] MOVER: Kristine Bersche, Secretary SECONDER: Milinda Ysasi, Commissioner YEAS: Cisneros, Bersche, Butler, Ysasi, VanFossen, Uchendu ABSENT: Rabaut, Moody, Barcheski, McLaughlin, Perkins IV. Financial Statements 1. FY2023 Interim Financial Statements as of October 31, 2022 Generated 12/8/2022 03:21 PM Economic Development Corporation Meeting Full Page 2 December 7, 2022 Tricia Chapman presented the financial statements, noting about 8% of budget has been spent. Motion to accept the financial Statement C. RESULT: APPROVED [UNANIMOUS] MOVER: John VanFossen, Member SECONDER: Milinda Ysasi, Commissioner YEAS: Cisneros, Bersche, Butler, Ysasi, VanFossen, Uchendu ABSENT: Rabaut, Moody, Barcheski, McLaughlin, Perkins V. Action Items 1. Approval of the 2023 Meeting Schedule Motion to approve the 2023 Meeting Schedule. RESULT: APPROVED [UNANIMOUS] SECONDER: Troy Butler, John VanFossen YEAS: Cisneros, Bersche, Butler, Ysasi, VanFossen, Uchendu ABSENT: Rabaut, Moody, Barcheski, McLaughlin, Perkins VI. Other Business Mr. Klooster explained that 2023 Board Officers will be voted on at the next meeting. All Officers present offered their willingness to serve again. Commissioner Milinda Ysasi stated that in January, board member attendance will be evaluated on a quarterly basis. VII. Public Comment None. VIII. Adjournment Meeting was adjourned at 9:28 AM. Generated 12/8/2022 03:21 PM