GHRDI Board Minutes, July 6, 2023

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MINUTES OF A BOARD OF DIRECTORS MEETING GREEN HILLS RURAL DEVELOPMENT, INC. GHRPC Office, Trenton, MO Thursday, July 6, 2023 4:30 pm

1. Call to Order: The meeting was called to order at 4:30 p.m. by President Jack Hodge. A quorum was declared for the conduct of business.

2. The following Directors were in attendance on Zoom:

Stan Falke Carroll County Evan Emmerich Chariton County Michael Ormsby Grundy County Annie Gibson Daviess County Ed Douglas Livingston County Jack Hodge Harrison County 3. The following Directors were absent:

Jack Tucker Putnam County Gene Anderson Mercer County Josh Muck Linn County Dale Hartley Caldwell County Danah Fowler Sullivan County

4. The following staff was in attendance: Corinne Watts Debbie Pergande

5. Approval of July 6, 2023 Minutes for Board of Directors Meeting: After review of the July 6, 2023

Board Minutes, Stan Falke made a motion to approve the minutes and Ed Douglas seconded. Motion carried.

6. Financial Statements and Check Listing: After a brief review of the financial statements and check listing, Stan Falke made a motion to approve, and Ed Douglas seconded the motion. Motion carried.

7. Old Business: None

8. New Business:

a. 2022-2023 Amended Budget: Annie Gibson made a motion to approve the amended budget for Fiscal Year 2022-23. Stan Falke seconded. Motion carried.

b. 2023-2024 Proposed Budget: Annie Gibson made a motion to approve the proposed budget for Fiscal Year 2023-24. Stan Falke seconded. Motion carried.

c. RDI Loan Funds: Brief discussion about the $100,000 set aside for an RDI loan fund. Policies and procedures still need to be established for this loan fund.

d. RDI By-laws Discussion: Corinne informed the Board that the by-laws were very outdated. Staff are working on changes to the by-laws and then have them reviewed by a lawyer. Plans are to have the by-laws ready to approve by the next Board meeting in September.

e. Guest Speaker Patty Cantrell from New Growth in Missouri: Patty spoke to the Board about microenterprise loans and how they are structured.

f. Rent Discussion: Stan Falke made a motion to raise the rent at 810 Washington Street to $1,200 a month. Evan Emmerich seconded. Motion carried,

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Executive Director’s Report: No Report

Adjournment: Stan Falke made a motion to adjourn and Evan Emmerich seconded. Motion carried. The meeting was adjourned at 4:46 pm,

Respectfully submitted,

en. Danah Fowler, Secretary