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Case #2: Discuss April 20, 1988 _Special Shareholders' Mee.ting. <br /> <br />The Board noted that the shareholders' requesting the special meeting had <br />not provided additional information as requested byMr. Ippel. The Board <br />noted that issues other than the January 13 election should be reviewed at <br />this meeting. Such issues may include Company goals and promotional <br />activities such as participation in the Game Fair and organizing the <br />Business Expo. <br /> <br />Case #3: RCview.~proposCd.~o_~any By_-Laws. <br /> <br />The Board agreed that any revision to the by-laws should not be reviewed at <br />the special meeting on April 20; any review should be postponed until the <br />issues and concerns regarding the January 13 election are resolved. <br /> <br />C~: .D. is~ussion Regarding Company Goals. <br /> <br />The Board reviewed the Company goals outlined at the February 17, 1988 <br />Eoard meeting. The Board also discussed the image of the comn~nity. <br /> <br />Case ~8: Other Business. <br /> <br />Mr. Paudio suggested that in order to try to mend the rift between the <br />previous Boardof Directors and the current Board, that all m~mbers of the <br />previous Board be invited to join the current Board to make up a larger <br />Board of Directors. <br /> <br />Mr. Soderholm asked the status of discussions between the previous and <br />current Boards regarding the special meeting. <br /> <br />Mr. Raudio suggested that the January 13 election be included as one agenda <br />item at the April 20 shareholders' meeting. <br /> <br />Mr. Soderholm suggested that anyone who wishes to sit on the Board be <br />allowed to do so as this fighting is not good for the City, Company or <br />economic development generally. Mr. Fults agreed and stated that the <br />election is over; it's time for the Company to go on with economic <br />development. <br /> <br />Mr. Soderholm commented that he saw two options to resolve the differences - <br />propose some solution at the April 20 meeting or ignore the issues and go <br />on with Company business. Mr. Fults asked about the possibility of holding <br />another election. <br /> <br />Mr. Ippel adjourned the meeting at 10:02 a.m. <br /> <br />Respectfully submitted, <br /> <br />Virgil F~arnes, Secretary <br /> Economic Development Company/April 6, 1988 <br /> <br />Page 2 of 2 <br /> <br /> <br />