HomeMy WebLinkAboutMinutes - 56th - September 8, 1983 signedTHE 56th MEETING OF THE ECONOMIC DEVELOPMENT CORPORATION OF LIVONIA
(REGULAR)
A Regular Meeting of the Economic Development Corporation of Livonia was called
to order by the Chairman, Peter Ventura, at approximately 5:05 p.m., September 8,
1983, in the Council Chambers of the City Hall, 33000 Civic Center Drive, Livonia,
Michigan. The Secretary called the roll:
Directors Present: Mr. Alan Helmkamp
Mr. Robert Jankowski
Mr. Ron Mardiros
Mr. Robert E. McCann
Mr. Stanley Telman
Mr. Peter A. Ventura
Directors Absent: Mr. Kenneth Hale
Mr. Frank Hand
Mr. Angelo A. Plakas
Others Present: Mr. Dennis Neiman, Miller, Canfield, Paddock & Stone
Mr. Daniel J. Gilmartin, Executive Director
Ms. Marie E. King, Recording Secretary
On a motion by Mr. Mardiros, seconded by Mr. Jankowski, and unanimously
adopted, it was
#83-328 RESOLVED, that the minutes of the July 14, 1983 Regular Meeting
of the Economic Development Corporation be approved as submitted.
The first item on the agenda was consideration of the application of
Elliott Schubiner, General Properties. The Chairman informed the Board of Directors
that Mr. Schubiner had called him earlier in the day to say he had sprained his ankle
and would be unable to attend tonight's meeting. He asked that the Board table his
application until the meeting of October 13, 1983.
On a motion by Mr. Mardiros, seconded by Mr. Helmkamp, and unanimously
adopted, it was
#83-329 RESOLVED, that the application from General Properties Company
by Elliott Schubiner for EDC assistance be tabled until the October 13,
1983 meeting, at which time Mr. Schubiner or his representative will be
present to address any questions the Board may have regarding this project.
Mr. Helmkamp read the Treasurer's Report. There is currently
27,287.39
in total cash, consisting of the Checking Account, Savings Account and Certificates
of Deposit. The total fiscal year-to-date 1983 revenues are $3,335.99. The total
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fiscal year-to-date 1983 expenses are $8,873.88; and the decrease in fund balance,
year-to-date is
5,537.89.
On a motion by Mr. Telman, seconded by Mr. Mardiros, and unanimously
adopted, it was
#83-330 RESOLVED, that the Treasurer's Report as presented by Mr.
Helmkamp, be accepted as presented.
The next item on the agenda was a letter received from the Chief Account-
ant, Mr. Bill Lawrence, regarding an increase in the accounting fees that the EDC
pays to the City. In a previous letter to the EDC, Mr. Lawrence had requested that
the fees be increased from
120 a month to $150 a month. The EDC requested that Mr.
Lawrence itemize the services the City's Accounting Department performs for the EDC.
In his letter of August 11, 1983 to Mr. Gilmartin, Mr. Lawrence itemizes the current
services provided by the Accounting Department.
On a motion by Mr. Telman, seconded by Mr. Mardiros, and unanimously
adopted, it was
#83-331 RESOLVED, that the Fees paid to the Accounting Department
by the Economic Development Corporation for services provided, be
increased from $120 per month to $150 per month, effective December
1, 1983, for fiscal year 1984.
Mr. Gilmartin gave a brief update on the Newburgh Associates Project.
It should be before the Board for its approval of the Project Plan in October.
Mr. Telman suggested that Mr. Gilmartin might ask Mr. Schubiner to submit
a new application. He did not think the one the Directors currently have is filled
out properly.
On a motion by Mr. Mardiros, supported by Mr. Jankowski, and unanimously
adopted, it was
#83-332 RESOLVED, that the Regular Meeting of the Economic Development
Corporation of the City of Livonia, held September 8, 1983, be adjourned
at 5:20 p.m.
Respectfully submitted,
tl/
Ron Mar cti.roq(, Secretary