ECONOMIC DEVELOPMENT CORPORATION
OF WAYNE COUNTY, INDIANA
Board Meeting Minutes
Monday, May 4, 2015
BOARD MEMBERS PRESENT:Clark, Elzemeyer, Jackson, Green, Guiley, Meredith, Upchurch, Warner

BOARD MEMBERS ABSENT:

Barrett, Cohen, Quigg, Witte

STAFF PRESENT:Shaffer, Doty, Henry, Geres

GUESTS PRESENT:

Heiny, Pat – Contemporary Consulting
Oler Holthouse, Amy – Wayne County Area Chamber of Commerce
Pappin, Diana – Richmond Mayoral CandidateSowers, George – Attorney for EDC
Thurlow, Kim – Ivy Tech Corporate CollegeCALL TO ORDER
Board Chair Elzemeyer called the meeting of the Board of Directors of the Economic Development
Corporation of Wayne County, Indiana to order at 4:02 p.m. on Monday, May 4, 2015, in the EDC boardroom.
APROVAL OF MINUTES
Elzemeyer stated the minutes from the March 2nd board meeting and April 6th annual meeting were in theboard packet for review. Motion by Meredith, second by Green to approve the March 2, 2015 minutes aspresented. Motion carried. Motion by Clark, second by Green to approve the April 6, 2015 minutes aspresented. Motion carried.
TREASURER’S REPORT
Jackson reported the EDC was under budget by $6,838.70 for the month of March and under budget$29,126.03 year-to-date as of the end of March. He reported the details of lines items over/under werelisted on page 8 of the board packet. Motion by Meredith, second by Warner to accept the March 2015
financials as presented. Jackson reported the EDC was under budget by $9,842.84 for the month of Apriland under budget $47,075.21 year-to-date as of the end of April. Motion carried. Motion by Green, second
by Meredith to accept the April 2015 financials as presented. Motion carried.
EDC STAFF REPORTGeres – Geres reported on completing the second of three cost of living surveys for the year, continuing
to research project management software, and finishing up the projects she reported starting at theMarch board meeting including the annual meeting, new hire responsibilities, and submitting
broken/obsolete items to Wayne County for their annual auction.
Doty – Doty reported on website revisions, the Site Selection ad placed for $350, training Joe on theCertified Work Ready Community program, and reported receiving 25 impressions in the first 2 monthsof the Plastics News ad.
Shaffer – Shaffer reported 5 new attraction projects developed since March, including Project Lake andProject North, which are 2 existing businesses located in East Central, Indiana looking to expand orrelocate in the area. She reported assisting Janesville Acoustic, Project Sound with the tax abatement
process. She reported BRE Project 1501 is progressing, that the company is planning to invest $600K in
new machinery and plans to create an additional 8 positions. She reported working with Osborn
International on their headquarter relocation, that the Industrial Park committee reviewed and approved
the plans for the 7,000 SF office expansion. She reported on the four conferences she attended in Marchand April including: IEDA’s Spring Forum, the Expansion Management Roundtable (sponsored by HoosierEnergy), the Public Power Consultants Forum (sponsored by IMPA), and the Industrial Asset ManagementCouncil spring conference. Lastly she reported on various meetings, activities, and initiatives that she
participates in for community outreach.
Henry – Henry reported on meeting with Mike Row, CEO of Workone/ASG and Markous Jewett, Directorof the Excel center as part of his workforce development outreach. Jewett committed to requiring all ofhis students to complete WorkKeys testing before they enter their career certification programs. Hereported meeting with Kim Thurlow, Director of Ivy Tech’s Corporate College. He also reported increasing
the Work Ready Certification goal from 42% to 54% completion in just 3 weeks, with the help from Board
Chair Lee Elzemeyer. Lastly, he reported on attending community events and BRE visits with Shaffer.
COMMITTEE REPORTS
A. Finance – Jackson reported the committee met on March 27th, reviewed the March GL and asked
Shaffer and Geres questions, and noted the EDIT revenue had increased from the previous year.
B. Executive – Elzemeyer reported the committee met on March 27th, reviewed the new EDC position,
listened to project updates including the need for more property inventory, reviewed Purina’s
compliance and close the grant, discussed Communities-in-Schools, and discussed the EDC annualmeeting.
C. Industrial Park – Warner reported the committee met on May 1st and reviewed and approved theconstruction plans for the Osborn office expansion for their headquarter relocation and discussed
interest by another company in lot 1 of phase 1 at the MIP.
OTHER BUSINESS
A. Roadmap to Success
Amy Oler Holthouse and Pat Heiny were present to give an overview of the America’s BestCommunities grant funded by Frontier Communications that the Wayne County Area Chamber ofCommerce applied for with assistance from Heiny. Richmond was selected one of 50 finalists, andwith this comes an initial grant of $50,000 as long as Richmond can raise another $15,000. The total
of $65,000 will be used to assist in project implementation and moving on to the next application
round.
B. Wayne Bank Visa Credit Card
Jackson requested board approval to authorize a credit card for Joe Henry, Manager of Existing
Business & Education, with a $4,000 credit limit for his EDC business expenses. Motion by Green,second by Upchurch to approve authorization of a charge card with a credit limit of $4,000. Motion
carried.
C. EDIT Application #15-173
Shaffer reported on EDIT application #15-173 for JM Hutton. The company has requested a $12,500
grant for assistance with the purchase of new machinery. The company is investing $657,459.54 intothe project and will retain 5 jobs at hourly salaries of $17.75. Motion by Green, second by Warner toapprove EDIT application #15-173 for $12,500 out of the consolidated EDIT fund. Motion carried.
ADJOURNMENT
Elzemeyer adjourned the meeting at 4:48 p.m.
NEXT BOARD MEETING – 4:00 pm on Monday, June 1, 2015
EDC Board Room, 500 South A Street, Suite 2, Richmond, IN 47374