Richford VT

RICHFORD ECONOMIC ADVANCEMENT CORPORATION
BOARD OF DIRECTORS

November 13, 2008

President Connie Burns called the regular meeting to order at 5:15 PM with Directors Wendell Fortier and Albert Perry present. Also present were Suzanne Wilson of TD Banknorth and Laura Ovitt.

Sue Wilson spoke about the grant program and sponsorship program available through TD Banknorth. Copies of the information provided are attached hereto. Sue also discussed her thoughts about possibly organizing a Richford Business Association. Sue left at 6:35 PM.

Albert Perry read the minutes of the annual meeting. Motion made by Connie Burns, seconded by Wendell Fortier, to approve the minutes. So voted.
Albert read the minutes of the October regular meeting. Motion made by Wendell Fortier, seconded by Connie Burns, to approve the minutes. So voted.

Laura reviewed the October financial statements. Connie Burns noted the CD at Peoples trust Co. needs to be added. Laura reported the fidelity bond has been received, and the premium is $113 for the year. Motion made by Albert Perry, seconded by Wendell Fortier, to pay the premium. So voted. Laura reported that invoices will be received from the County Courier and the St. Albans Messenger for advertising the Jay Peak Job Fair.

Connie Burns reported she has not yet heard a report on the job fair.

Laura reported she has contacted the high school about repairing the business park sign.
She has also contacted coordinators at the high school about community service opportunities in the REAC office.

Albert Perry left at 6:45 PM.

Connie discussed holding a business mixer on Dec. 4 from 5:00 – 6:30 PM at the emergency services building to discuss the possibility of forming a Richford Business Association. She will email the directors.

The meeting adjourned at 7:00 PM.

Respectfully submitted,

Laura Ovitt
Office Manager