Economic Development Corporation - Regular Meeting

Economic Development Corporation City Hall Minutes Packet 300 Monroe Ave NW, 9th Floor Grand Rapids, MI 49503 August 2, 2023 @ 8:30 AM City Commission Chambers I. Call to Order The meeting was called to order at 10:00 AM by Chair Guillermo Cisneros PRESENT: Jeff Edwards, Guillermo Cisneros, Lynn Rabaut, Troy Butler, Commissioner Milinda Ysasi, Kim McLaughlin, John VanFossen ABSENT: Kristine Bersche, Commissioner Nathaniel Moody, Martin Uchendu OTHERS: Jeremiah Gracia, Jonathan Klooster, Christian Borg, Jessica Solis, Chad Buczkowski, Jessica Wood, Mary Kate Berens II. Excused Absences 1. The members who alerted the Executive Director that they would be unable to attend ahead of time were listed. Motion to approve the excused absences of Kristine Bersche and Commissioner Nathaniel Moody. RESULT: ADOPTED [UNANIMOUS] MOVER: Lynn Rabaut, Vice Chair SECONDER: Kim McLaughlin, Member YEAS: Edwards, Cisneros, Rabaut, Butler, Ysasi, McLaughlin, VanFossen ABSENT: Kristine Bersche, Nathaniel Moody, Martin Uchendu III. Minutes Approval 1. Approval of Minutes from June 28, 2023 No corrections or comments were noted. Motion to approve the minutes from June 28, 2023. RESULT: ACCEPTED [UNANIMOUS] MOVER: Lynn Rabaut, Vice Chair SECONDER: Milinda Ysasi, Commissioner YEAS: Edwards, Cisneros, Rabaut, Butler, Ysasi, McLaughlin, VanFossen ABSENT: Kristine Bersche, Nathaniel Moody, Martin Uchendu IV. Financial Statements 1. Preliminary Interim Financial Statements as of June 30, 2023 Jonathan Klooster presented the financial statements and answered questions. Generated 8/2/2023 12:27 PM Economic Development Corporation Meeting Full Page 2 August 2, 2023 Motion to accept Financial Statement C. RESULT: APPROVED [UNANIMOUS] MOVER: Troy Butler, Treasurer YEAS: Edwards, Cisneros, Rabaut, Butler, Ysasi, McLaughlin, VanFossen ABSENT: Kristine Bersche, Nathaniel Moody, Martin Uchendu V. Other Business None. VI. Public Comment None. VII. Adjournment The meeting was adjourned at 10:03 AM. Generated 8/2/2023 12:27 PM