ETMD Board of Directors Minutes – Kennebunk Town Hall - Third Floor Conference Rm November 18, 2015 - 8:30 10:00 a.m. – In Attendance: Bill Reichl, Scarborough – Greg Tansley Secretary Biddeford – – Tad Redway Arundel – Tom McCallum - S. Berwick Eric Labelle - Kennebunk Joe Yuhas ETA – Jim Bucar - ETA John Andrews ETA – Carole Brush ETMD Executive Director – – Meeting called to order at 8:34 AM Introductions Minutes of October 14, 2015 Motion to approve Bucar/seconded Yuhas/Unanimous approval Financial Priorities Financial Report Carole – “Everything is on target”. Carole The bench has been installed in Biddeford. – Motion to approve Bucar/seconded Redway/Unanimous approval Dues Carole Question do we want to continue to offer membership to communities without the trail – – at $3,500? Motion to continue offering at $3,500 Bucar/seconded Yuhas/Unanimous approval – Scarborough Project Carole DOT has committed $1.55 million to Scarborough and PACTS 650,000 another $650,000. ETMD/Scarborough/BCM launching fundraising campaign to raise the rest required to complete the project approximately $800,000 - $900,000 – Carole Question does ETMD have a problem holding the funds that will be raised as the – – match to the above until ready to transfer over? Motion for ETMD to hold the funds Bucar/seconded Redway/Unanimous approval Audit Update Carole the 990 RHR Audit is underway and should be completed by the end of the week. –
ETMD Board of Directors – Minutes Kennebunk Town Hall - Third Floor Conference Rm November 18, 2015 - 8:30 – 10:00 a.m. In Attendance: Bill Reichl, – Scarborough Greg Tansley – Secretary – Biddeford Tad Redway – Arundel Tom McCallum - S. Berwick Eric Labelle - Kennebunk Joe Yuhas – ETA Jim Bucar - ETA John Andrews – ETA Carole Brush – ETMD – Executive Director Meeting called to order at 8:34 AM Introductions Minutes of October 14, 2015 Motion to approve Bucar/seconded Yuhas/Unanimous approval Financial Priorities Financial Report Carole – “Everything is on target”. Carole – The bench has been installed in Biddeford. Motion to approve Bucar/seconded Redway/Unanimous approval Dues Carole – Question – do we want to continue to offer membership to communities without the trail at $3,500? Motion to continue offering at $3,500 – Bucar/seconded Yuhas/Unanimous approval Scarborough Project Carole DOT has committed $1.55 million to Scarborough and PACTS 650,000 another $650,000. ETMD/Scarborough/BCM launching fundraising campaign to raise the rest required to complete the project – approximately $800,000 - $900,000 Carole – Question – does ETMD have a problem holding the funds that will be raised as the match to the above until ready to transfer over? Motion for ETMD to hold the funds Bucar/seconded Redway/Unanimous approval Audit Update Carole – the 990 RHR Audit is underway and should be completed by the end of the week.
111815ETMDMinutes.docx