ECONOMIC DEVELOPMENT CORPORATION
OF WAYNE COUNTY, INDIANA
Board Meeting Minutes
Monday, September 9, 2019
BOARD MEMBERS PRESENT:

Bolser, Frame, Golden, Parker, Salazar, Templin, Warner, Yaeger

BOARD MEMBERS ABSENT:

Leisure, Turner, Zaleski

STAFF PRESENT:Shaffer, Doty

GUESTS PRESENT:

Burns, Denny – Wayne County Commissioner
Krapf, Scott – Attorney, Frost Brown Todd, representing TBK America
McClain, Brenda – Western Wayne NewsSowers, Geoge – EDC Attorney
Truitt, Jason – Palladium-Item
President Sasaki, TBK America
Takamura, Tom - TBK America
Mrs. Katsumi - TBK America
Shutte, Mary Ann- TBK America

I. CALL TO ORDER
Board Chair Robert Warner called the meeting of the Board of Directors of the Economic Development
Corporation of Wayne County, Indiana to order at 4:01 p.m. on Monday, September 9, 2019 in the EDC boardroom.
II. EDIT Grant Application #19-198
Shaffer reported on EDIT application #19-198 for TBK America. Scott Krapf, of Frost Brown Todd and several guests
from TBK including President Sasaki were present to talk about the project and answer questions. TBK America
completed their first EDIT grant received in March of 2017 successfully meeting all required compliance measures.
The company is expanding again and is adding another production line to produce water pumps for Cummins
Engines. TBK America plans to invest $2.4 million in upgrades to the building and new equipment and will create
5 full-time jobs by 2021. An EDIT grant of $25,000 is being proposed to help offset expenses. President Sasaki
stated this is a new opportunity for the company. R&D will be done mainly at TBK Japan, but production will bedone at TBK America. He added the company currently has 110 employees and has been in Richmond for 12 years.
The Executive Committee recommended approval of the EDIT application to the board.
Motion by Parker, second by Yaeger to approve EDIT grant application #19-198 in the amount of $25,000 for TBK
America. Motion carried.
III. APROVAL OF MINUTES
Warner stated the minutes from the August 5th, 2019 board meeting were on pages 7 - 9. Motion to approve
August 5th minutes as presented by Salazar, second by Frame. Motion carried
IV. TREASURER’S REPORT
August 2019 Financial ReportTemplin provided the treasurer’s report. For the month of August the EDC was under budget $35,073.63 MTD andunder budget $102,223.36 YTD. Templin stated the EDC was under budget mainly due to salaries while the searchcontinues for a new Office Manager. He reported the EDC provided $1,150 from the Public Training and Educationline item to Richmond High School to pay for OSHA training for students. Motion by Parker, second by Bolser toapprove the August 2019 financials as presented. Motion carried.
Templin presented the draft copy of the 2018 financial audit to the board for their consideration. Templin went
through the audit highlighting each section. There were no findings by auditors and Templin reported everythingis in good order and approval is recommended by the Executive Committee.
Motion by Frame, second by Bolser to approve the 2018 Financial Audit as presented. Motion carried.
V. COMMITTEE REPORTS
A. Executive Committee – Warner reported the executive committee met on September 9th, 2019. Main topics
included updates on wetland delineation, industrial park expansion, Western Wayne Regional Sewer District(WWRSD), 2018 financial audit, and TBK America EDIT application.
B. Industrial Park Committee – Shaffer reported the committee met and continues to discuss MIP Phase I
planning and wetland delineation, industrial park expansion, and WWRSD update.
C. Marketing and Communication Committee – Doty reported the committee met and heard a presentationfrom Ashley Sieb of Ashley Sieb Marketing on a strategy to streamline marketing assets and to potentiallyconsolidate brands.
VI. EDC STAFF REPORTS
Doty – Doty reported as a result of meeting with Ashley Sieb Marketing a cost proposal was submitted to developa strategy for streamlining the EDC’s marketing assets and consolidate brands where appropriate. Sieb willconduct an audit of existing marketing assets and social media platforms and work to determine wherestreamlining can occur between marketing initiatives and brands. Doty presented the contract from Sieb in theamount of $5,100 plus $1,500 incidental expenses totaling $6,600. Incidental expenses include not-to-exceed$500 for design of digital ads and not-to-exceed $1,000 for ad placement on Google Ads and Facebook.
Motion made by Frame, second by Golden to approve the cost proposal from Ashley Sieb Marketing to streamline
and consolidate marketing assets and brands. Motion carried.
Doty reported most of her activity was directed toward work being done to promote Home in Wayne including
testimonial videos produced by IronGate that will be useful in Sieb’s educational campaign about rebranding
efforts. Doty also said she was working with the Wayne County Area Chamber of Commerce and the Wayne
County Convention and Tourism Bureau to conduct a photography contest on Instagram. Photos will be chosen
to be included in a print marketing piece to be used in recruitment efforts by employers and others. An event
showcasing the chosen photography is also being planned. There will be prizes as well for those who have photos
chosen. Contest set to kick off this week.
Mitchell – Mitchell was out sick so Shaffer mentioned her report is found in the board packet.
Shaffer – Shaffer reported she worked on RFIs for two new projects, one of which was a food processingcompany. She also joined Mindy Kenworthy from the ECI Regional Partnership and Jessica Tower from IEDC on asales trip to Cleveland. Shaffer reported she made good contacts and it was good to talk to consultants in Ohio
because they work so much in Indiana. They were interested in hearing about the programs Indiana had to offer.
Shaffer provided an update on the Talent regions being developed by the state. She reported the deadline forcounties to decide if they want to participate had passed and six counties out of the ten previously identified
indicated an interest to be part of the regional designation. Another meeting will be scheduled. Shaffer also
reported she had four interviews set up in the upcoming week for the position of Office Manager. She also
reminded board members that committee meetings for September would be held on October 3 rd.
VII. OTHER BUSINESS
a. Ivy Tech Contract for WorkKeys Testing
Shaffer reported she and Mitchell were working with Ivy Tech Community College to administer ACT WorkKeys
tests to high school juniors and seniors. The contract with Ivy Tech covers proctoring for 107 exams taking placein the month of October. Services would enable students who do not have access to the WorkKeys test throughtheir vocational school to take the test. Each test cost $36 and there’s a $300 proctoring fee for every 10 students.
There is no charge to students for testing.
Motion by Salazar, second by Parker to approve the contract with Ivy Tech Community College for proctoring
services for students taking the WorkKeys test. Motion carried. Bolser abstained.
b. EDC By-law Revisions
Shaffer reported the committee formed to review the EDC’s bylaws met and made necessary changes. Shaffer
said much of the changes made involved removing language regarding memberships. The EDC has never operated
as a membership-based organization so language pertaining to that organizational structure was not applicable.
The section regarding board appointments was updated to reflect changes in appointing bodies. Wayne CountyCommissioners previously appointed three representatives. Now they appoint 2 and Wayne County Council
appoints one. The Mayor of the City of Richmond previously appointed three representatives. Currently the Mayor
appoints two and Richmond Common Council appoints one. The term “chairman” was changed to “chair”.
Information stating a board member can participate via phone in the meeting but cannot vote was added.
Language was added stating the EDC will have an annual meeting in the first 6 months of the year. Language wasalso added to state the Executive Committee will conduct a performance appraisal of the president annually.
Language regarding check signers was updated to state two signatures are required on checks.
Motion by Parker, second by Frame to approve the updated bylaws for the EDC of Wayne County. Motion carried.
VIII. ADJOURNMENT
Warner adjourned the meeting at 4:51 p.m.
NEXT BOARD MEETING – Monday, October 7, 2019
at EDC of Wayne County, Richmond, Indiana at 4:00 p.m.