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TREMONT WEST DEVELOPMENT CORPORATION
BOARD OF DIRECTORS MEETING
FEBRUARY 15, 2007

Present: S. Catania, J. Boylan, S. Smith, L. McLaughlin-Murray, S. Nagy, M. Leslie, C. Krosel, M. Hundt, T. Cook, J. Chiplis, P. Pavarini

Excused: H. Crowther, B. Riker, K. Moss

Guest: Maryann Ludwig Staff: S. Bloom

I. President Catania called the meeting to order at 6:00 p.m.

II. Valleyview Welcome Committee: President Catania introduced Maryann Ludwig who is part of a committee organized to welcome new and returning families to Valleyview. The first of the families will arrive July 1st. There will be a summer picnic and cookout. Planning will begin March 1st at Merrick House. Donations of items are needed.

III. Minutes of January Meeting: S. Catania called for corrections of the January minutes. J. Boylan mentioned that the minutes should indicate any late arrivals or early departures. C. Krosel arrived late to the January meeting and B. Riker and M. Hundt had to leave early.

J. Boylan asked that the minutes be amended to indicate that no properties had been definitely selected for receivership. The word " accept" needs to be inserted between words "TWDC" and "NPI's" in the last paragraph on page 2.

With these corrections, L. McLaughlin Murray moved to accept these minutes and J. Boylan seconded. All voted in favor.

IV. Election of Officers: S. Catania called for the election of officers. Lynn McLaughlin moved and M. Hundt seconded the nomination of C. Krosel as secretary. She was voted in unanimously.

Jon Boylan moved and C. Krosel seconded the nomination of Lynn McLaughlin Murray as treasurer. McLaughlin Murray was voted in unanimously.

Marcia Leslie moved and Tom Cook seconded the nomination of Scott Nagy as first vice president. All voted in favor.

Lynn McLaughlin moved and Marcia Leslie seconded the nomination of Jon Boylan as second vice president. All voted in favor.

V. Nomination of a Director to fill an unexpired term: President Catania explained that when he was elected president of the Board, his term as Director had one year to run. David Mehring was nominated for this unexpired term by Lynn McLaughlin Murray and seconded by Marcia Leslie. Eleven voted in favor, one abstained. Mehring was elected to the Board.

President Catania brought up the need to elect ex officio directors. Lynn McLaughlin Murray moved and Megan Hundt seconded the nominations of Donovan Duncan and Tim Donovan as ex officio members. All voted in favor. Letters will be sent to Duncan and Donovan indicating that they were re-appointed.

VI. Committee Reports:

A. Economic Development/Housing/Long Range Planning: In the coming year, the Housing committee will meet separately from Economic Development and Long Range Planning. The Strategic Initiative and related planning is nearing completion and a meeting for the membership will be scheduled to discuss the plan.

Riverside Landing: Scott Nagy and Sammy Catania presented information on Riverside Landing, a condo and marina development scheduled for Scranton Road. The developer has sought a loan from the city to offset financing costs. TWDC has been approached to serve as a pass through for this loan and as a neighborhood liaison for the developer. Directors Moss and McLaughlin Murray have studied the loan documents and found no risk or liability for TWDC. McLaughlin Murray questioned if TWDC had received a letter from Flats Oxbow acknowledging that TWDC would serve as the neighborhood liaison and handle design review issues. The design review issue will be monitored during the development.

S. Smith asked about the possibility of river access for the larger community. There are liability issues regarding public access on privately owned land. These issues can be discussed at public meetings and design review.

McLaughlin Murray moved that the TWDC Board empower Steve Bloom, our interim executive director, to enter into agreement with Riverside Residential Associates which would result in TWDC's serving as a pass through for CBDG funds to provide gap financing. TWDC will also serve as a neighborhood liaison for this project.

B. Finance Reports: J. Boylan reported that he and McLaughlin Murray will meet to clarify the reporting categories. The explanation for last month's negative balance was that there had been moneys in the account to pay the bills, but the funds had come from a money market account and the transfer had not been noted on the report. There was a discussion regarding some of the doubtful accounts. Certified letters will be sent to the parties responsible for the debts to TWDC. 2406 Professor is fully rented. S. Bloom was asked to begin a maintenance account for the building. L. McLaughlin Murray asked that TWDC finalize the fiscal agreement for those organizations whose funds are held by TWDC. L. McLaughlin Murray moved to accept the finance report as amended. Scott Nagy seconded. All voted in favor.

C. Marketing: M. Hundt reported that the Reverse Raffle will have a Las Vegas theme. It is set for June lst at Annunciation Hall. Tickets are priced at $100.00 per person. Trustees are expected to sell ten apiece. Dinner will be buffet style.

D. Community Organizing-see Director's Report

E. Property Management - see Director's Report

VII. New Business;

A. TWDC Board Committee: President Catania distributed descriptions of committees and emphasized that board members must be active members of committees. All must take responsibility for fund-raising/marketing. Marketing needs to be pro-active. There is interest in the establishment of a Safety Committee. The Nominating Committee should be meeting bi-monthly. Others meet monthly or as needed.

B. Strategic Plan - Board Retreat: With the finalization of the Strategic Plan, the Board needs to evaluate both its response and direction. A Saturday retreat will be scheduled. A facilitator will be chosen by the Executive Committee. L. McLaughlin Murray asked that we verify the philosophy of board governance that any would be facilitators hold.

C. Executive Director Search: C. Krosel moved and McLaughlin Murray seconded that the Board move into executive session for discussion of the selection of an executive search firm.

After discussion, McLaughlin Murray moved to leave Executive Session and Megan Hundt seconded. All voted in favor.

McLaughlin moved that we accept the Human Resources Department as our consultant. M. Leslie seconded. All voted in favor.

D. Conflict of interest forms which the City requested were distributed and signed by the Directors present.

VIII. Adjournment: There being no further business, M. Leslie moved to adjourn. C. Krosel seconded. All voted in favor. The meeting adjourned at 7:50 p.m.


	Tremont West Development Corporationnn

	*"To maintain and improve the living, business, and cultural conditions for all of Tremont."***
		TREMONT WEST DEVELOPMENT CORPORATION BOARD OF DIRECTORS MEETING FEBRUARY 15, 2007 Present: S. Catania, J. Boylan, S. Smith, L. McLaughlin-Murray, S. Nagy, M. Leslie, C. Krosel, M. Hundt, T. Cook, J. Chiplis, P. Pavarini Excused: H. Crowther, B. Riker, K. Moss Guest: Maryann Ludwig Staff: S. Bloom I. President Catania called the meeting to order at 6:00 p.m. II. Valleyview Welcome Committee: President Catania introduced Maryann Ludwig who is part of a committee organized to welcome new and returning families to Valleyview. The first of the families will arrive July 1st. There will be a summer picnic and cookout. Planning will begin March 1st at Merrick House. Donations of items are needed. III. Minutes of January Meeting: S. Catania called for corrections of the January minutes. J. Boylan mentioned that the minutes should indicate any late arrivals or early departures. C. Krosel arrived late to the January meeting and B. Riker and M. Hundt had to leave early. J. Boylan asked that the minutes be amended to indicate that no properties had been definitely selected for receivership. The word " accept" needs to be inserted between words "TWDC" and "NPI's" in the last paragraph on page 2. With these corrections, L. McLaughlin Murray moved to accept these minutes and J. Boylan seconded. All voted in favor. IV. Election of Officers: S. Catania called for the election of officers. Lynn McLaughlin moved and M. Hundt seconded the nomination of C. Krosel as secretary. She was voted in unanimously. Jon Boylan moved and C. Krosel seconded the nomination of Lynn McLaughlin Murray as treasurer. McLaughlin Murray was voted in unanimously. Marcia Leslie moved and Tom Cook seconded the nomination of Scott Nagy as first vice president. All voted in favor. Lynn McLaughlin moved and Marcia Leslie seconded the nomination of Jon Boylan as second vice president. All voted in favor. V. Nomination of a Director to fill an unexpired term: President Catania explained that when he was elected president of the Board, his term as Director had one year to run. David Mehring was nominated for this unexpired term by Lynn McLaughlin Murray and seconded by Marcia Leslie. Eleven voted in favor, one abstained. Mehring was elected to the Board. President Catania brought up the need to elect ex officio directors. Lynn McLaughlin Murray moved and Megan Hundt seconded the nominations of Donovan Duncan and Tim Donovan as ex officio members. All voted in favor. Letters will be sent to Duncan and Donovan indicating that they were re-appointed. VI. Committee Reports: A. Economic Development/Housing/Long Range Planning: In the coming year, the Housing committee will meet separately from Economic Development and Long Range Planning. The Strategic Initiative and related planning is nearing completion and a meeting for the membership will be scheduled to discuss the plan. Riverside Landing: Scott Nagy and Sammy Catania presented information on Riverside Landing, a condo and marina development scheduled for Scranton Road. The developer has sought a loan from the city to offset financing costs. TWDC has been approached to serve as a pass through for this loan and as a neighborhood liaison for the developer. Directors Moss and McLaughlin Murray have studied the loan documents and found no risk or liability for TWDC. McLaughlin Murray questioned if TWDC had received a letter from Flats Oxbow acknowledging that TWDC would serve as the neighborhood liaison and handle design review issues. The design review issue will be monitored during the development. S. Smith asked about the possibility of river access for the larger community. There are liability issues regarding public access on privately owned land. These issues can be discussed at public meetings and design review. McLaughlin Murray moved that the TWDC Board empower Steve Bloom, our interim executive director, to enter into agreement with Riverside Residential Associates which would result in TWDC's serving as a pass through for CBDG funds to provide gap financing. TWDC will also serve as a neighborhood liaison for this project. B. Finance Reports: J. Boylan reported that he and McLaughlin Murray will meet to clarify the reporting categories. The explanation for last month's negative balance was that there had been moneys in the account to pay the bills, but the funds had come from a money market account and the transfer had not been noted on the report. There was a discussion regarding some of the doubtful accounts. Certified letters will be sent to the parties responsible for the debts to TWDC. 2406 Professor is fully rented. S. Bloom was asked to begin a maintenance account for the building. L. McLaughlin Murray asked that TWDC finalize the fiscal agreement for those organizations whose funds are held by TWDC. L. McLaughlin Murray moved to accept the finance report as amended. Scott Nagy seconded. All voted in favor. C. Marketing: M. Hundt reported that the Reverse Raffle will have a Las Vegas theme. It is set for June lst at Annunciation Hall. Tickets are priced at $100.00 per person. Trustees are expected to sell ten apiece. Dinner will be buffet style. D. Community Organizing-see Director's Report E. Property Management - see Director's Report VII. New Business; A. TWDC Board Committee: President Catania distributed descriptions of committees and emphasized that board members must be active members of committees. All must take responsibility for fund-raising/marketing. Marketing needs to be pro-active. There is interest in the establishment of a Safety Committee. The Nominating Committee should be meeting bi-monthly. Others meet monthly or as needed. B. Strategic Plan - Board Retreat: With the finalization of the Strategic Plan, the Board needs to evaluate both its response and direction. A Saturday retreat will be scheduled. A facilitator will be chosen by the Executive Committee. L. McLaughlin Murray asked that we verify the philosophy of board governance that any would be facilitators hold. C. Executive Director Search: C. Krosel moved and McLaughlin Murray seconded that the Board move into executive session for discussion of the selection of an executive search firm. After discussion, McLaughlin Murray moved to leave Executive Session and Megan Hundt seconded. All voted in favor. McLaughlin moved that we accept the Human Resources Department as our consultant. M. Leslie seconded. All voted in favor. D. Conflict of interest forms which the City requested were distributed and signed by the Directors present. VIII. Adjournment: There being no further business, M. Leslie moved to adjourn. C. Krosel seconded. All voted in favor. The meeting adjourned at 7:50 p.m.








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