Economic Development Corporation - Regular Meeting

Economic Development Corporation City Hall Minutes Packet 300 Monroe Ave NW, 9th Floor Grand Rapids, MI 49503 January 26, 2022 @ 8:30 AM City Commission Chambers I. Call to Order The meeting was called to order at 9:46 AM by Chair Guillermo Cisneros. PRESENT: Guillermo Cisneros, Troy Butler, Kristine Bersche, Lynn Rabaut, John Van Fossen, Nathaniel Moody ABSENT: Kimberly McLaughlin, Daniel Barcheski, Milinda Ysasi, Micah Perkins OTHERS Jonathan Klooster, Jeremiah Gracia, Jordan Turner, Jessica Wood (legal PRESENT: counsel) 1. Excused Absences The members who had alerted the Executive Director that they would be unable to attend ahead of time were listed. Motion to excuse the absences of Kim McLaughlin, Milinda Ysasi and Dan Barcheski. RESULT: ADOPTED [UNANIMOUS] MOVER: Lynn Rabaut, Vice Chair SECONDER: Kristine Bersche, Secretary YEAS: Cisneros, Rabaut, Bersche, Butler, Van Fossen, Moody ABSENT: Milinda Ysasi, Daniel Barcheski, Kim McLaughlin, Micah Perkins II. Minutes Approval 1. Approval of Minutes from December 8, 2021 No comments or corrections were noted. Motion to approve the December 8, 2021 Minutes. Generated 3/16/2022 03:28 PM Economic Development Corporation Meeting Full Page 2 January 26, 2022 RESULT: ACCEPTED [UNANIMOUS] MOVER: Kristine Bersche, Secretary SECONDER: Lynn Rabaut, Vice Chair YEAS: Cisneros, Rabaut, Bersche, Butler, Van Fossen, Moody ABSENT: Milinda Ysasi, Daniel Barcheski, Kim McLaughlin, Micah Perkins III. Financial Statements 1. Interim FY2022 Financial Statements as of December 31, 2021 Tricia Chapman presented the Interim FY2022 Financial Statements as of December 31, 2021. Motion to approve Financial Statement C. RESULT: APPROVED [UNANIMOUS] MOVER: Lynn Rabaut, Vice Chair SECONDER: Troy Butler, Treasurer YEAS: Cisneros, Rabaut, Bersche, Butler, Van Fossen, Moody ABSENT: Milinda Ysasi, Daniel Barcheski, Kim McLaughlin, Micah Perkins IV. Action Items 1. Election of board officers and executive committee for 2022 Jonathan Klooster introduced the item. The board discussed the nominees included in the agenda packet. Motion to approve Guillermo Cisneros as Chair, Lynn Rabaut as Vice Chair, Kristine Bersche as Secretary, and Troy Butler as Treasurer. RESULT: APPROVED [UNANIMOUS] MOVER: John Van Fossen, Member SECONDER: Troy Butler, Treasurer YEAS: Cisneros, Rabaut, Bersche, Butler, Van Fossen, Moody ABSENT: Milinda Ysasi, Daniel Barcheski, Kim McLaughlin, Micah Perkins V. Other Business None. VI. Public Comment None. Generated 3/16/2022 03:28 PM Economic Development Corporation Meeting Full Page 3 January 26, 2022 VII. Adjournment The meeting was adjourned at 9:48 AM by Chair Cisneros. Generated 3/16/2022 03:28 PM