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HomeMy WebLinkAboutKitchener BIA - 2016-01-28BOARD OF DIRECTORS MEETING Minutes 8:30am —10:30 am January 28, 2016 29 King St E, Unit B Kitchener Present: Dawn Phillips -Brown, Lindsay Walden, Stewart Barclay, Councillor Sarah Marsh, Paul Walman, Cory Bluhm, Darryl Moore, Councillor Frank Etherington, Shirley Madill, Michelle Cutts, Frank Voisin, Domini Baldasaro, Berry Vrbanovic, Jeff Gadway, Ryan Lloyd -Craig Regrets: Linda Jutzi, Zenia Horton, James Mitchell Dawn Phillips -Brown in the Chair. WELCOME The Chair called the meeting to order at 8:35 a.m. CONFLICT OF INTEREST No conflict of interest was declared by any Member of the Board at this time. APPROVAL OF AGENDA The Chair noted that an amended agenda to include an update on economic development was presented to the Board, and that Financials would follow the Purchasing Policy. Moved by Paul Walman, seconded by Ryan Lloyd -Craig 'That the Board approve the Agenda as amended. Carried Unanimously APPROVAL OF MINUTES Moved by Frank Etherington, seconded by Frank Voisin "That the Minutes of the Board of Directors meeting held on December 17, 2015 be approved as printed." Carried Unanimously PURCHASING POLICY Lindsay Walden presented an updated draft Purchasing Policy for Board review and approval, updated with feedback provided by the Board at the May 2015 meeting. The Board asked that the Committee confirm that the conflict of interest section of the policy aligned with the requirements in the Municipal Act, that some adjustments to the terminology around approval levels be made to ensure clarity of intent. Stewart Barclay joined the meeting (8:55am) Moved by Paul Walman, seconded by Frank Voisin "That the Board approve the Purchasing Policy, as amended, and that the Policy come into effect March 1, 2016." Carried Unanimously FINANCIALS Stewart Barclay, Treasurer, reviewed the Financial statements for November and December. Action: The Board will discuss use of the excess reserve at the February meeting and provide direction on its use. Jeff Gadway and Michelle Cutts agreed to survey the Board on use of the reserve in advance of the Board discussion. Action: Stewart Barclay confirmed that an update on the year-end audit would be provided in March. OFFICE MOVE Stewart Barclay reported that the BIA was ready to enter into a lease for a new office, with the lease being within the approved parameters set by the Board at an earlier meeting. The Chair declared that a partner of her employer, Madorin Snyder, had reviewed the lease on behalf of the BIA in consultation with Linda Jutzi. The Board discussed this and determined that this did not appear to constitute conflict of interest given the minor nature of the service provided by Madorin Snyder, the fact that it was not an item that went out for quotes or required board input for selection and it was not any type of ongoing contract or commitment. Further, legal services have been provided by Madorin Snyder to the BIA historically and Linda Jutzi had worked with them on other matters previously. The Chair is not a business owner, but an employee. It is common in a downtown BIA for services or products to be purchased from them to time from its members, including those who employ its board members. Moved by Stewart Barclay, seconded by Domini Baldasaro "That the terms of the lease be approved as presented, and that the BIA enter into a binding offer to lease the premises of 54 Queen St." Carried Unanimously ECONOMIC DEVELOPMENT Cory Bluhm reviewed Economic Development's annual report on downtown, profiling trends and upcoming efforts. The Board discussed opportunities to leverage the report material. EXECUTIVE DIRECTOR JOB DESCRIPTION The Board discussed creating a formal description for the role of Executive Director, including measurement and reporting. A working group was struck to draft a description, reporting back to the Board at the February meeting with an update and anticipated timelines. Jeff Gadway, Shirley Madill, Berry Vrbanovic and Domini Baldasaro agreed to participate. ADJOURNMENT Moved by Jeff Gadway, seconded by Paul Walman "That the meeting adjourn." (10:28 a.m.) Carried Unanimously