West Bank Business Association
Board of Directors Meeting
Oren Gateway Building Augsburg College
Thur Feb 20, 2014 3p
Agenda
1. Call to order
Start 3:18p
Present: Russom, Michelle, Anna, Damon, David, Euince, Rod, amano, Jeff, Susannah, Jim
Excused: Mark, Cadillac
Not Excused: Phillip, Sharon, Glenn, Todd, Lynn, Mary
2. Adjustment to agenda
3. Pass Board Minutes from 1/16.
Motion 1st: Eunice
2nd: Anna
Pass: Unanimous
4. Membership Renewal.
Info has been sent out to all local businesses. Memberships due by 4/14. We have already received some memberships.
5. Financial Review
Discussion on timeliness and mini-updates
LISC grant receipt means cash flow has improved
Line of Credit is getting paid down according to plan.
5a. Fiscal Sponsor for Carla and Safety for an equipment grant.
Motion 1st: Damon – pay full amount out to purchase translation equipment for safety center with payback through a grant they have received
2nd: Eunice
Pass: unanimous
5b. % of member dues for fund for grocery displacement and rebuilding
Discussion of using 10% of member dues to support, act as fiscal agent, possibility of including slips in our member letters asking for support. Discussion of donation while still operating with debt.
6. ED Report (questions only)
This report will be emailed out to the board by Tue 2/18. Please review it prior to attending the meeting, Jamie will only answer questions and clarifications from the report.
Discussion on loyalty card program and its extension
ACTION: put together list of every committee with current participants
Discussion of festival committee
7. Council Member Abdi Warsame meet and greet.
Introduction, questions, Council member passed out info on his office and upcoming meetings.
ACTION: Damon include all upcoming meetings for next month in agenda
ACTION: Damon look up in by-laws # of meetings that can be missed and address in Mar meeting.
8. Old Business
9. New Business
Discussion on cedar ave lane changes
Past WBBA meetings have approved city’s plan for a 4 to 3 lane conversion (also approved by CDC and WBCC)
Mar board meeting with be a Board Training
West Bank Arts Foundry meeting coming up: http://www.arts-foundry.org/
Irrigate expanding into Minneapolis. Great opportunity to partner with artists: http://springboardforthearts.org/community-development/irrigate/placemaking-workshop-application-form/
Sisterhood of the traveling scarf opened Feb 28th Press info: http://www.tcdailyplanet.net/news/2014/02/27/mn-videos-sisterhood-boutique-grand-opening-video
10. Meeting adjourned
Motion 1st: David
2nd Eunice
End 4:07p
