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4 May Board Meeting Agenda

May 7, 2020      7:00 am

AGENDA

President: Rita Kratky, Vice President: Jenny Sloan, Treasurer: Krista Stubblefield, Past President: Keith Holmlund, Executive Director: Elizabeth Patten, Finance Committee Chair: Amy Rolandson, Project and Development Committee Co-Chairs: Lew Vadheim and Jenny Sloan SEMDC Executive Director: Jim Atchison, Board Members: Garrett Mostowski, John Laney, Tracy Baker, Emma Morrison, Ally Capps, John Hollowell, Ken Holmlund, Steve Morris, Amber Rainey, Rick Huber, Dayna Adler, Dixie Rieger, Jack Regan, Jolene Dutton, BeKa Stein Phipps Guests: Ron Slinger, Amy Daines, Chris Donnelley

7:00   Join Zoom Meeting

https://us02web.zoom.us/j/88107810814?pwd=dktnY3RnNDJ2RGlERjlQSmhmQ2Qzdz09

Call to Order and Welcome

Request for Public Comment: Public Comment is allowed on any item that is not on this agenda.  Public Comment should be kept to three (3) minutes or as the Board Chair permits.

Operational Reports

  • Board President
    • Action Item :: Approval of Previous Meeting Minutes
    • Action Item :: Vote to Add Three New Members
    • Kyla -finishing a few projects – and will be phasing out this month
    • Potential Internship for Assistant Position
  • Financial Update (Treasurer and Finance Committee Chair)
    • Income and Paid Out
    • New Money Market Account
    • Potential for 6-month budget comparison, Projected vs Actual, to be presented in June
  • Executive Director
    • New Partner (SDI Architects + Design)
    • Census (invite comments from those who see value)
    • Roundabout Fundraiser (why this matters right now)
    • Custer County
    • CARES Act (PPP and EIDL awards in our community, EIDL for Ag, Stimulus, etc)
    • Business Survey (link to share)
    • DLA Grants funded! (1 million dollars into our community!) (Almost 11 million in grants approved in our 4-county region since January 1)
    • RLF Loans made! (3 approved since January, 1 in progress, and multiple new clients as potential loan applicants)
    • RLF – updated Policies and Procedures, now working on Initial Assessments and Loan Application Document updates
  • Trails Update
    • Surfacing for new portion of Fairgrounds Loop
    • Bids received (Crusher Fine from Doeden’s, delivered, $2322. Spreading and Packing – ?)
    • We have $4500 grant money to work with, would MCAEDC be willing to provide for the difference?
  • Leadership Class Update (Tara Andrews)
    • Potential Dates (June, July, August)
    • June – Energy Day
    • September – New Class Beginning and Graduation/Partnership Celebration

Updates or Items of Interest

  • Jim Atchison – SEMDC
  • Keith Holmlund – Custer County COVID updates, VA updates, Event Center, etc
  • City of Miles City
  • MCC
  • Banking, Realty, Legislature, Chamber, Business, Community, Etc

Meeting Adjourned: ___________

Dates to Note

  • Executive Committee Meeting – May 19, 4:30 pm, MCAEDC office (or ZOOM)
  • Elizabeth spend the day in Colstrip – May 20
  • Memorial Day Holiday – Office Closed – May 25
  • Board Meeting – June 4, 7:00 am, 4-H Building