Economic Development Corporation - Regular Meeting

Economic Development Corporation City Hall Minutes Packet 300 Monroe Ave NW, 9th Floor Grand Rapids, MI 49503 January 25, 2023 @ 8:30 AM City Commission Chambers I. Call to Order The meeting was called to order at 9:25 AM by Chair Guillermo Cisneros. PRESENT: Guillermo Cisneros, Lynn Rabaut, Commissioner Nathaniel Moody, Commissioner Milinda Ysasi, Kim McLaughlin, Martin Uchendu ABSENT: Kristine Bersche, Troy Butler, Daniel Barcheski, Micah Perkins, John VanFossen OTHERS: Jeremiah Gracia, Jonathan Klooster, Christian Borg, Jordan Turner, Jessica Solis, Chad Buczkowski, Tricia Chapman, Verah Narh Kamara, Jessica Wood 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 Daniel Barcheski, Troy Butler, John Van Fossen, and Micah Perkins. RESULT: APPROVED [UNANIMOUS] MOVER: Milinda Ysasi, Commissioner SECONDER: Kim McLaughlin, Member YEAS: Cisneros, Rabaut, Moody, Ysasi, McLaughlin, Uchendu ABSENT: Bersche, Butler, Barcheski, Perkins, VanFossen III. Minutes Approval 1. Approval of Minutes from December 7, 2022 No comment or corrections noted. Motion to approve minutes from December 7, 2022. RESULT: ACCEPTED [UNANIMOUS] MOVER: Nathaniel Moody, Commissioner SECONDER: Milinda Ysasi, Commissioner YEAS: Cisneros, Rabaut, Moody, Ysasi, McLaughlin, Uchendu ABSENT: Bersche, Butler, Barcheski, Perkins, VanFossen IV. Financial Statements 1. FY2023 Interim Financial Statements as of December 31, 2022 Generated 1/27/2023 11:44 AM Economic Development Corporation Meeting Full Page 2 January 25, 2023 Tricia Chapman presented the financials from the agenda packet. Motion to accept Financial Statement C. RESULT: APPROVED [UNANIMOUS] MOVER: Martin Uchendu, Member SECONDER: Kim McLaughlin, Member YEAS: Cisneros, Rabaut, Moody, Ysasi, McLaughlin, Uchendu ABSENT: Bersche, Butler, Barcheski, Perkins, VanFossen V. Action Items 1. Election of Board Officers for 2023 The nominations received and accepted in advance of the meeting were: Chair – Guillermo Cisneros, Vice Chair – Lynn Rabaut, Secretary – Kristine Bersche, and Treasurer – Troy Butler. Motion to approve the slate of officers as presented. RESULT: APPROVED [UNANIMOUS] MOVER: Milinda Ysasi, Commissioner SECONDER: Kim McLaughlin, Member YEAS: Cisneros, Rabaut, Moody, Ysasi, McLaughlin, Uchendu ABSENT: Bersche, Butler, Barcheski, Perkins, VanFossen VI. Other Business None. VII. Public Comment None. VIII. Adjournment The meeting was adjourned at 9:30 AM. Generated 1/27/2023 11:44 AM