TEDC Board Meeting Minutes

December 11, 2002 - Tennessee Chamber Offices, Nashville, Tennessee

Members Present: Roger Sigler, Randy Brewer, G. C. Hixson, Mark Herbison, Kyle Spurgeon, Steve Hiatt

Others Present: Dave Goetz, Suzie Lusk

Roger Sigler called the meeting to order.

Approval of Minutes: Motion by Mr. Herbison, second by Mr. Brewer, appropriately approved and passed.

Approval of Financials: Motion by Mr. Brewer, second by Mr. Hixson, appropriately approved and passed showing an account balance of $83,648.02.

New Members approved at the December 11th meeting: Motion by Mr. Brewer, second by Mr. Herbison, appropriately approved and passed.

Robert Dunn, The Stump Corporation
Tara White, Nashville Area Chamber of Commerce
Morgan King, JA Street & Associates

Fall Conference 2002: Feedback from attendees was positive. The conference made a $16,961.77 profit.

Fall Conference 2003: The 2003 conference will take place in West Tennessee. Jackson is not interested. Mr. Sigler will ascertain the level of interest of Marc Jordan and Jim Apple for hosting in Memphis.

Spring Conference: Mr. Brewer, Mr. Herbison and Mr. Grimes will organize a discussion with the new ECD team regarding why we go out of state for the spring conference. Dates for the 2003 Conference are April 23-25, 2003.

New ECD Team: There was a group discussion on how to approach the new ECD team. What is our message to them? What is our platform? Mr. Herbison will prepare background information regarding Tennessee’s competitiveness. Mr. Goetz will handle existing research availability. The presentation must be fact based. Mr. Hixson will organize a project list of deals in which Tennessee was a finalist, but ultimately went to other states.

Helping Rural Communities Compete: There was discussion concerning TEDC’s role. Mr. Spurgeon will create a seminar program for Regionalized Deal to be put together by TEDC Directors. The first program will be hosted in Jackson.

SEDC Update: None.

Communications: None.

Legislative Update: Mr. Goetz provided an update on TennCare. It is not fixed as it is $100 million in debt as of December 1st. Legislature will be more confrontational again next session. The group is more conservative as a whole.

New Business:

Survey: The results are almost ready to go out.

Conference Giveaways: Past Conference giveaways could be sold as a way to raise money.

Legislative Reception: The reception is set for February 12, 2003 at the Sheraton. Details have not been finalized.

Sponsorship: New sponsorship forms outlining the new structure will be sent to all members.

Membership: Mr. Sigler recommended that Jim Stock be considered for Honorary Lifetime Membership. Mr. Brewer motioned, Mr. Herbison seconded, appropriately approved and passed.

Adjourn: The meeting was adjourned.

Meeting minutes by Kim Denton, 2002-2003 TEDC Secretary-Treasurer