Community Futures Tawatinaw Region

Board Meeting

August 28, 2013

Boardroom – Westlock Office

10611–100 Avenue, Westlock, Alberta

CALL TO ORDER: / Allan Balay called the meeting to order at 1:00pm
NEXT ORDER OF BUSINESS
DIRECTORS PRESENT: / Allen Balay, Don Savage, John Olson, Bert Seatter, Peggy Laing, George Greig
GUEST:
STAFF PRESENT: / Kelly Harris-Martin, Ron Rogers
ABSENT: / Dave Latta, David Pattison, Norm Sandahl
ACCEPTANCE OF AGENDA: / Director Savagemovedfor acceptance of the agendawith change to include board motion regarding loan application exceeding normal lending limit.
MOTION CARRIED
ACCEPTANCE OF MINUTES: / Director Laingmoved for acceptance ofJune 19, 2013 minutes
MOTION CARRIED
MANAGER’S REPORT: / In-House Financial Statements
GM presented financials to date
Loan Status Report
Loans to date 7 of 9
Funds advanced 285,682 of 365,000
Paid out this year 0 loans
Community Economic Development Report
GM has not attended any Ec. Dev. Meetings or events due to the summer break.
CFTR is partnering with FCSS to apply for the “Becoming a Community Builder” program being offered by Ian Hill. We await their decision.
A group of community members from Athabasca has been accepted into the “Unleashing Local Capital” program. They have asked the GM to attend their next meeting. GM has offered advisory and consulting services.
The Entrepreneurs with Disabilities program is covering the expenses for the GM to attend an upcoming training session to be held in Calgary on September 13.
CFTR Capacity Building/Networking/Marketing
We are scheduling our board training for November on “The Legal Responsibilities of Boards” and February on “Community Futures Lending”
BizKids Youth Entrepreneurship Program
CFTR has 2 youth registered in the Athabasca program.
Symposium
CF Alberta Provincial Conference and AGM is being held in Edmonton on October 4, 2013. All activities will be held at the Delta Edmonton Centre Suites Hotel. The Delegate registration includes Professional Development, AGM, coffee breaks, lunch and Awards Banquet fore Friday October 4, 2013. Chair and GM will be attending. Agenda is attached.
WD Update
GM presented questionnaire required for submission by August 30.
Loan Application exceeding normal lending limit
Director Seatter moved for approval of the Loan Application as presented by the Investment Review Committee.
MOTION CARRIED
Director Savagemoved for acceptance of the Manager’s Report
MOTION CARRIED
CHAIR’S REPORT:
OLD BUSINESS:
NEW BUSINESS: / Director Laingmoved to go in camera
MOTION CARRIED
Director Savagemoved to come out of camera
MOTION CARRIED
NEXT MEETING: / October 2, 2013
ADJOURNMENT: / Director Laingmoved to adjournment 2:15pm
MOTION CARRIED
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RECORDING SECRETARY
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SIGNATURE OF CHAIR / ______
DATE

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