EDC Minutes 1999 03-01-99 Economic Co -op Meeting March 1, 1999
Attendees: Bob Johnson Jim Nanninga
Richard Scheffrahn Anne Lucietto
Debbie Walker Dave Walker
Michael Burks Donald Burks
Tom Engler Steve Steinwart
Brian Haney Robert Dearborn
Joel Ottosen Art Prochaska
Kathy Farren Jim Liggett
Ralph Pfister Mike Hitzemann
Jerry Knobeloch Tom Hughes
Bob Johnson handed out the agenda and Mission Statement. Introductions were
completed. Mike Hitzemann thought that the philosophy of more money -more
vote wasn't a good idea. The people with more money could have their own
agenda. Kathy and Joel both explained the money is needed to function as a
group. This fee structure may be modified depending on interest. Their one vote
would be equal to all other executive members votes. Don Burks had an idea that
members of an association or group could elect 1 member to be on the Executive
Board to represent their group. Bob Johnson stated that the idea would be worth
discussing. Art spoke of the responsibility the board members would have to the
whole of Yorkville in what they do and decisions they make. This is an
investment in our town. Bob Johnson explained that the other towns we've
spoken with told us the first year is basically getting organized, determining
objectives, finding director, and getting setup.
Dennis Erwin, The Chamber, YNB, School District, Bank of Yorkville all
displayed an interest in the Executive Board Level. The YBSD for a smaller level.
The City will support with $45,000 /year. They will still only have one voice on
the Executive Board. Bob gave out forms for commitment and asked everyone to
get them back by 4/l/99. Send out to others not able to attend. After 4/l/99, the
implementation committee will meet again to review the amount of commitment
and determine where to go from there.
Ralph asked for a list of Oswego's Members? Developers?
Respectfully submitted by Holly Baker
`coopmin'
Our Mission:
"The Yorkville Area Economic Development Cooperative is a not - for - profit - corporation .
working in cooperation with public and private entities, proactively engaged in creating an
environment conducive to sustainable and balanced economic growth within our community.
The Yorkville Area Economic Development Cooperative is committed to representing the
best interests of the Yorkville community while planning for the future. "
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YORKVILLE AREA ECONOMIC DEVELOPMENT COOPERATIVE
3 year commitment requested
Executive Board Member
• Establish Charter
• Write and approve By -laws
• Set policy and establish salary for Economic Director
• Hire Economic Director
• Vote on recommendations directed to the City Council, Chamber of
Commerce, School District, Sanitary District, etc.
• Have input into and receive Newsletter
• Listed as an Executive Board Member in media.
General Member
• Share in discussion of Economic Development as determined by Executive
Board.
• May vote on issues as determined by Executive Board.
• Receive Newsletter
• Listed as a General Member in media.
Associate Member
• Receive Newsletter
• Listed as an Associate Member in media.
Suggested Membership Annual Dues
• $5,000 and over Executive Board Member*
• $1,000 to $4,999 General Member
• $100 to $999 Associate Member
Suggested City contribution is $30,000 to $50,000 annually. The City would have
one (1) vote on the Executive Board.
*One vote per membership
Yorkville Area Economic Development Cooperative
Commitment Form
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Membership Level Annual Contribution*
Executive Member $5,000 and above
General Member $1,000 to $5,000
Associate Member $100 to $1,000
Pledge Amount
Likely Contribution Date
I would like a formal presentation at an upcoming meeting
Business Name
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Contact Person
Mailing Address
Phone Fax
Comments
*We are seeking an initial three year membership commitment.
Please return this form by April 1, 1999 to the Yorkville Area Chamber of Commerce,
PO Box 249, Yorkville, IL 60560,