GHRDI Board Minutes, June 11, 2024

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MINUTES OF A BOARD OF DIRECTORS MEETING GREEN HILLS RURAL DEVELOPMENT, INC. GHRPC Office, Trenton, MO Thursday, June 11, 2024 9:30 pm 1. Call to Order: The meeting was called to order at 9:40 a.m. by President Jack Hodge. A quorum was declared for the conduct of business. 2. The following Directors were in attendance: Jack Hodge Harrison County Stan Falke By ZOOM: Evan Emmerich Michael Ormsby Annie Gibson

Chariton County Grundy County Daviess County

Carroll County

Bud Motsinger Caldwell County

3. The following Directors were absent: Jack Tucker Putnam County Dale Akey Caldwell County Ed Douglas Livingston County

Gene Anderson Josh Muck Danah Fowler

Mercer County Linn County Sullivan County

4. The following staff was in attendance: Lisa Colson Debbie Pergande

Rebecca TenHulzen

Colleen Hinshaw

5. Approval of March 14th, 2024, Minutes for Board of Directors Meeting: After review of the March 14th, 2024, Board Minutes, Stan Falke made a motion to approve the minutes and Bud Motsinger 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 Annie Gibson seconded the motion. Motion carried. 7. New Business: a. Amended Budget 2023-2024: After a brief discussion, Bud Motsinger made a motion to approve the amended budget 2023-2024. Stan Falke seconded. Motion carried. b. Proposed Budget 2024-2023: After a brief discussion, Stan Falke made a motion to approve the proposed budget. Annie Gibson seconded. Motion carried. c. Rent Review: Lisa Colson and Debbie Pergande presented to the board about raising the rent GHRPC pays GHRDI for 810 Washington St. from $1,200.00 to $1,300.00. Annie Gibson made a motion to raise the rent from $1,200.00 to $1,300.00. Bud Motsinger seconded. Motion carried. d. Special projects/Passthroughs: Discussion on the 18 sub-accounts under the special accounts for businesses that collect monies for different organizations. I.e. Cops & Bobbers, Serve Trenton, etc. There is no payment on the administration part and there are monies that have been in the account with no activity for years. Stan Falke made a motion to give a board directive to

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eliminate these accounts from the system and to repay back the monies left to the account owners. Bud Motsinger seconded. Motion carried. e. The discussion for researching about a code enforcement vehicle, lease or own, is tabled till next meeting. f. Auditor selection: There was a bid for the auditor by John W. Gillum, CPA, LLC. Stan Falke made a motion to select John W. Gillum, CPA, LLC for auditor. Annie Gibson seconded. Motion carried. g. Resolution 2024-1: Executive Director Authorization: Bud Motsinger made a motion to approve resolution 2024-1 approving Lisa Colson/Executive Director to have authorization to sign and execute all grant agreements and funding awards for the conduct of business. Stan Falke seconded. Motion carried. h. Resolution 2024-2: Signatories of RDI, BTC Bank Accounts. Stan Fulke made a motion to approve the following signatories on BTC bank accounts 1198/RDI, 2030626/RMAP checking, 2030618/RMAP reserve, 2030714/RMAP TA, Danah Fowler, Secretary/Treasurer, Jack Hodge, President, Michael Ormsby, Director, and Lisa Colson, Executive Director. Bud Motsinger seconded. Motion carried. i. Resolution 2024-3: Signatories of Farmers Bank of Northern Missouri, RD Loan Fund/901938. Stan Fulke made a motion to approve the following signatories on Farmers Bank of Northern Missouri RD account, Danah Fowler, Secretary/Treasurer, Jack Hodge, President, Michael Ormsby, Director, and Lisa Colson, Executive Director. Bud Motsinger seconded. Motion carried. j. Resolution 2024-4: Signatories of Hamilton Bank, RDI Savings/1658815. Stan Fulke made a motion to approve the following signatories on Hamilton Bank RDI Savings, Danah Fowler, Secretary/Treasurer, Jack Hodge, President, Michael Ormsby, Director, and Lisa Colson, Executive Director. k. Resolution 2024-5: Signatories of Southern Bank, RDI General/80941581, ME Account/8217653, 8218285/Special Accounts. Stan Fulke made a motion to approve the following signatories on Southern Bank’s RDI accounts, Danah Fowler, Secretary/Treasurer, Jack Hodge, President, Michael Ormsby, Director, and Lisa Colson, Executive Director. Bud Motsinger seconded. Motion carried. k.1.No action/special projects/addressed prior to section e and was voted on. 8. Old Business: A. Debbie Pergunde updated the Board on the loans out. Scott Flowers is behind May’s payment and will be due June 15th, Mow Betta is behind May and June, and Squee-Gee was late but is using direct pay now. Debbie has been constantly trying to get ahold of them. B. Restitution Funds: A payment of over $46,000.00 was received from Michael Johns. He still owes over $300,000.00. Executive Director’s Report: Lisa Colson informed the Board of an EDA grant submitted for Gallatin and the refurbishing of a central building. She felt this will encourage job training, skills training, ext. for microenterprise loans. (redo)

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Adjournment: Stan Falke made a motion to adjourn, and Bud Motsinger seconded. Motion carried. The meeting was adjourned at 10:34 am. Respectfully submitted, Danah Fowler, Secretary