TEDC Board Meeting Minutes

April 23, 2003, Destin, Florida

Members Present: Roger Sigler, Frank Tamberrino, Randy Brewer, Kim Denton, Mark Herbison, Steve Hiatt, Rhonda Rice

Others Present: Leslie Cooper

Roger Sigler called the meeting to order at 4:15 pm

Approval of Minutes: Motion by Mr. Tamberrino, second by Ms. Rice, appropriately approved and passed.

Approval of Financials: Motion by Mr. Herbison, second by Mr. Brewer, appropriately approved and passed with a balance of $113,147.21.

New Members approved at the April 23rd meeting: Motion by Ms. Rice, second by Mr. Hiatt, appropriately approved and passed.

Marco Oliveri, Forward Sumner
Patrick Spencei, International Trade Center-TSBDC
Nathan Wardi, TN Department of ECD
Jeffery Taylori, TVA
John Nevilli, Lockwood Greene
Jim Williamsi, J&S Construction Company, Inc.
Dan Cundiffi, KLM Mechanical
(contingent upon Mr. Hiatt's conversation with Mr. Cundiff)
Neil Dorrisi, S.M. Lawrence Company
Steve Doroughi, First Community Development

Spring Conference 2003: 150 members have registered. In the first general session, Ms. Amy Holloway of Angelou Economics will present a general marketing overview. The second general session will consist of updates from TVA, ECD, TEP and TCCI.

There was some discussion regarding whether or not to continue holding the Spring Conference in Destin, FL. TEDC averages about 150 attendees at each conference. Mr. Brewer motioned to keep the conference in Destin, Ms. Rice seconded. It was decided to continue as a board overall to promote attendance. Mr. Brewer will send a letter to ECD Commissioner Kisber encouraging attendance at conferences according to the sponsorship agreement with TEDC. Emphasis should also placed on IEDC accreditation/certification earned for TEDC attendance.

Membership: It was noted to ensure the posting of financials and minutes on the website for the membership to review. New brochures and applications are needed to reflect the new dues structure. Mr. Herbison will follow up with Ms. Lusk to coordinate. Mr. Herbison inquired as to the retention rate of membership.

Fall Conference 2003: The conference will be held in Memphis, Tennessee at the Radisson Hotel, September 17-19, 2003. Eric Canada of Blane Canada will conduct a training seminar focusing on existing industry. His fee is $3,200, plus expenses. Plaques will be presented to past presidents at the conference.

There was some discussion regarding how to recognize sponsors. Red, White and Blue sponsors need top billing. Mr. Joe Brandon will be consulted regarding fundraising and a possible conflict of interest with his new position at ECD. Mr. Ronnie Rainey will manage the golf tournament. Possible events for the week and shuttles to Tunica were discussed.

Communications: The new TEDC Directory will be released soon. All photos and new information should be sent to Ms. Suzie Lusk. The cover was submitted for approval. Motion to accept by Mr. Hiatt, second by Ms. Rice, appropriately approved and passed.

Old Business: The Professional of the Year Award will be presented at the 2004 Spring Conference. Mr. Tamberrino will send the appropriate background information to Mr. Sigler.

New Business: Slate of Officers for the 2003-2004 Year are as follows:

President Randy Brewer
Vice President Kim Denton
Secretary/Treasurer Kyle Spurgeon
East TN Director Doug Lawyer
Middle TN Director Mark Herbison
West TN Director Allen Hester
SEDC Director Bob Grimes
Alternate Marco Oliveri
State ECD Representative G.C. Hixson
Past President Roger Sigler

Adjourn: Motion to adjourn by Mr. Sigler, second by Ms. Rice. The meeting was adjourned.

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