April 14 2010 REDI Packet

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    302 Campusview Dr, Ste 208

    Columbia, MO 65201

    www.columbiaredi.com

    Phone: 573.442.8303

    Fax: 573.443.8834

    Serving Columbia/Boone County, Missouri since 1988

    BOARD OF DIRECTORS MEETING

    Wednesday, April 14, 2010 11:30 a.m.

    Event Room, MU Life Science Business Incubator at Monsanto Place

    1601 South Providence Road, Columbia, Missouri

    Guest: Bandhana Katoch, Licensing & Business Development Associate, Office of Technology Management &

    Industry Relatons - Missouri Technology Expo 2010 - October 7, 2010

    AGENDA

    AGENDA ITEM ACTION ATTACHMENT

    I. CALL TO ORDER & DETERMINATION OF QUORUM

    Chair Dave Griggs

    II. PREVIOUS MINUTES Secretary Jacquelyn Jones APPROVAL 3.10.10 MINUTES

    III. FINANCIAL UPDATE Treasurer JeffMacLellan APPROVAL STATEMENTS

    IV. PROSPECT REPORT Executve Vice President Bernie Andrews REPORT REPORT

    V. PRESIDENTS REPORT President J. Mike Brooks REPORT

    Assign Task Force High-Speed Internet

    Assign Task Force REDI Membership - Categories

    Social Media Brief REPORT MEMO

    VI. OLD BUSINESS

    MU ECONOMIC DEVELOPMENT

    Vice Chancellor, Administrat

    ve Services Jacquelyn Jones REPORT

    CWIB Workforce Development Grant and Study REPORT MEMO

    Executve Vice President Bernie Andrews

    VII. NEW BUSINESS

    Columbia Entrepreneurs Summit 2010

    Commiee Chair Vicki Russell UPDATE

    VIII. OTHER BUSINESS

    Presentaton of Mayors Resoluton of Appreciaton PRESENTATION RESOLUTION

    Chair Dave Griggs

    IX. ADJOURNMENT

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    BOARDOFDIRECTORSMEETING

    WEDNESDAY,MARCH10,201011:30A.M.

    EVENTROOM,LIFESCIENCEBUSINESSINCUBATORATMONSANTOPLACE

    MINUTESI. CALLTOORDER&DETERMINATIONOFQUORUM: ChairDaveGriggscalledthemeetingtoorderat11:45a.m.

    determiningaquorumpresent.

    REDIBOARDMEMBERSPRESENT:ChairDaveGriggs

    ViceChairVickiRussell Dr.RobDuncan

    SecretaryJacquelynJones Mr.PaulLand

    Mr.BrantBukowsky CommissionerKarenMiller

    Mr.ToddCulley CityManagerBillWatkins

    REDIBOARDMEMBERSABSENT: PastChairBobBlack,MayorDarwinHindman,TreasurerJeffMacLellan,Mr.MichaelStalochandMr.JerryTaylor.

    REDIINVESTORSANDOTHERSINATTENDANCE: Mr.MikeNichols,VicePresident,Research&EconomicDevelopment,UMSystem;Mr.LynnBehrns,CityAdministrator,Centralia;Mr.GaryLaffoon,President,

    CORE;Mr.DonLaird,President,ColumbiaChamberofCommerce;Mr.LarryMoore,TheHaroldE.Johnson

    Companies,Inc.;BrianToohey,ColumbiaBoardofRealtors 2010REDIRepresentative;JustinWillet,

    ColumbiaDailyTribune;andMattLeBlanc,ABCNews17.

    STAFFPRESENT: PresidentJ.MikeBrooks,ExecutiveAssistantMicheleHolmes,andOfficeAssistantJamieKochert.

    II. PREVIOUSMINUTES: ChairDaveGriggsstatedtheMinutesfromtheFebruary10,2010REDIBoardMeetingwereincludedinthepacketandpendinganychangesand/oradditions,calledforamotiontoapprove. City

    ManagerBillWatkinsmovedtoapprovetheMinutesaspresented. Mr.ToddCulleysecondedthemotion

    whichtheBoardpassedunanimously.

    III. FINANCIALUPDATE:PresidentBrooksreviewedthePreliminaryFinancialReportsforFebruary2010,notinganoverallbudgetspendingof25%todate. ChairGriggscalledforamotiontoapprovetheFinancialReport.

    CommissionerKarenMillermovedtoapprovethefinancialreports. ViceChairVickiRussellsecondedthe

    motionwhichtheBoardpassedunanimously.

    IV. PROSPECTREPORT:AsExecutiveVicePresidentBernieAndrewswasinattendanceattheAFCOMTradeShowinNashville,TNwiththeMissouriPartnership,PresidentBrookspresentedtheProspectReport. President

    BrooksreportincludedanupdateonongoingprojectsandonenewprojectintheMarchProspectReport.

    #1.ProjectRedhaslocateditsofficeat3514I70Drive.KTUConstructorswasselectedbyMODOTto

    completetheSafe&SoundBridgeImprovementProgram. Thecompanywillhire1015employeesandPaul

    Land,PlazaRealEstaterepresentedthelocalpropertyownersinthetransaction. #2ProjectCleanis

    extremelyclosetoannouncingitslocationinColumbia.Thecompanyhassigneda50,000sq.ft.leaseand

    willemploy50initiallyandupto100intwoyears.#3ProjectBlueisaconfidentialprojectthatwillbe

    occupyingthreewetlabsandtwodrylabsintheMULifeScienceBusinessIncubator. #4ProjectTigerisa

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    largeITprofessionalofficeprojectlookingatColumbia. TheprojectoriginatedfromtheMissouri

    PartnershipandhashadonesitevisittoColumbia,followedbyaconferencecallwherebyadditional

    informationwasprovidedandnowColumbiaisontheshortlistofthreecommunitiesfortheproject. The

    companyisplanningasecondsitevisitearlyMarch. ChairGriggssaidtheBoardrecognizesthephenomenal

    effortbeingputforthtolandthisproject.#5ProjectGableisacompanyconsideringColumbiafortheirnext

    datacenter. ThecompanyvisitedColumbiaduringthelastweekofFebruaryandtheirinterestremains

    high.#6ProjectSpursisanotherdatacenterprospectlookingatColumbia. ThecompanywillbemakingadecisioninSeptember2010.

    V. PRESIDENTSREPORT. GOOGLERFIPresidentBrooksreportedthatGoogleislookingforcommunitiestosupportitshighspeedinternetnetworktothehomerunningatspeedsofupto1GB/s. Thisnetworkisover

    100timesfasterthanwhatmostofColumbiacurrentlyhasaccessto. InFebruary,REDIandRJIsKeith

    PolitteandMikeMcKeanhostedameetingofinterestedbusinessesandsignedup35technologysavvy

    participantstomeetweeklyinanefforttoputsupplementalinformationtogetherfortheRFI. AstheRFI

    officiallyhastobesubmittedbyagovernmentalentity,CityCouncilapprovedthesubmittalonbehalfofthe

    CityofColumbiaonMarch15th,and BobSims,Director,ISDepartmentwillbefillingouttheCitys

    application. Independentofthisgroup,individualscannominateColumbiatohelptheapplicationprocess.

    ComoFiberis

    acitizens

    group

    that

    is

    promoting

    an

    independent

    nomination

    as

    well.

    The

    REDI/RJI

    group

    will

    bemeetingweeklyuntilMarch26thwhentheRFIisdue. BALDRIGEPERFORMANCEEXCELLENCEGROUPPresidentBrooksaskedChamberPresidentDonLairdtogiveanupdate. PresidentLairdstatedthatREDI,

    theChamber,CVBandMidwayArmsdiscussedcombiningtheBaldrigeProgramandMissouriExcellence

    Programtoworktowardacommunityofexcellenceinvolvingaprivatefirm. Theoutcomeoftheeffortwill

    begoodforeveryone. CityManagerBillWatkinsstatedthatsevencitystaffpeoplehavebeennominatedto

    workontheprojectforaMissouriqualityaward,notingthatonecityhasattainedtheBaldrigeAwardfor

    ExcellenceandnocitieshaveattainedtheMissouriExcellenceAward. PresidentLairdnotedthisisamajor

    undertakingandweareinitforthelongterm.

    VI. OLDBUSINESS:MUECONOMICDEVELOPMENTViceChancellorJacquelynJonesstateditsaverybusytimeoncampus

    in

    terms

    of

    recruitment.

    High

    school

    students

    are

    touring

    the

    campus

    and

    the

    school

    busses

    are

    liningthestreets. Enrollmentapplicationlevelsforinstatestudentsaregood. TheMissouriRegionalLife

    SciencesSummitconcludedMarch9th andbyallaccountsitwasverysuccessful. Therewasstandingroom

    onlyinmanyofthesessions.

    VII. NEWBUSINESS: KCADCPRESENTATIONLynnParman,VicePresident,BioScienceDevelopmentandBobMarcusse,KCADCPresidentgaveanoverviewofKDADC,theregionsumbrellaeconomicdevelopment

    organization. KCADCrepresents50communities,Columbiabeingone,and18countiesintwostates.

    ColumbiaisamemberoftheKansasCityAnimalHealthCorridor. TheCorridorstretchesfromKStatein

    Manhattan,KStothewestandColumbiatotheeastandishometotheworldslargestconcentrationof

    companiesintheanimalhealthindustry 32%ofthe$19billionglobalmarket. WithinintheCorridorare

    fourofthe10largestglobalanimalhealthcompaniesandthreeofthefivelargestglobalanimalnutrition

    companies.Being

    part

    of

    the

    Animal

    Health

    Corridor

    allows

    for

    more

    successful

    industry

    growth

    in

    the

    area

    throughavailableresources,networking,workforcedevelopment,legislativeandoperatingenvironments

    andincreasedresearchamongpublicandprivatesectors. SincetheinceptionoftheCorridorin2006,the

    AnnualIndustryDinnerandNetworkingEventheldbyKCADChasincreasedindustryparticipationwith750

    attendees,110animalhealthcompaniesandeightactiveprojectsattendinglastyearsevent. In2009

    KCADChostedtheFirstAnimalHealthInvestmentForumandhad175attendees,50animalhealth

    companiesfromaroundtheworld,elevenventurecapitalandequityfirmspresent,andseventeenearly

    stagecompaniesfromthirteenstatesandonefromAustraliapresentedtheirbusinessventures. Since2006

    KCADChasworkedwith80animalhealthcompaniesevaluatingnewlocationsintheregion,andwith

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    partners,recruitedandassistedintheexpansionof16companies,includingPetScreenslocationintheMU

    LifeScienceBusinessIncubator. KCADCiscurrentlyworkingwith12animalhealthprospects. TheREDI

    BoardaskedthatBobMarcussebeinvitedtoaREDIBoardMeetingtodiscusshowincentivesofferedbythe

    stateofKansasareeffectiveinrecruitmentefforts. BobMarcussediscussedCompetitiveBiosciencerelated

    incentiveprogramsinKansas. PresidentMarcussestatedtheKansasBioscienceAuthority(KBA)was

    enactedbyKansaslegislaturein2004.TheactprovidedaninnovativefundingmechanismfortheKBAbased

    onthegrowthofstateincometaxwithholdingsfromemployeesofbiosciencerelatedcompanies.Statetaxesthatexceedthebaseyearmeasurementaccruetotheauthorityforinvestmentinadditional

    biosciencegrowth. Thefundhasgenerated$581Mover12yearsandisusedfor: EminentScholars/Rising

    Starrecruitment;ResearchMatchingFundsandR&DVoucherprograms;expansionandattractionprojects;

    HeartlandBioVentures $50Minventurecapital;andtheKansasBiosciencePark. Kansasalsoenactedin

    2007apersonalpropertytaxexemptiononallmachineryandequipment;andhasAngelInvestorTaxCredits

    offering50%taxcrediton50%ofcashinvestmentsupto$50,000toKansasbusinesses. MOSIRA,the

    MissouriScience&InnovationReinvestmentActof2010iscurrentlegislaturebeingdiscussedthatwould

    assistMissouriincapturingaportionofindustryrelatedtaxwithholdinggrowthandputfundsbackintothe

    industryforgrowthpurposes. MikeNicholsstatedKansashasagreatsuccessstoryandtheMissouri

    DepartmentofEconomicDevelopmentDirectorDavidKerrwasinstrumentalinrecruitingeightcompanies

    toKansas,

    and

    now

    he

    is

    working

    for

    Missouri.

    Director

    Kerr

    has

    great

    relations

    built

    in

    the

    industry

    already.

    ChairGriggsmentionedREDIishostingareceptionforDavidKerronApril2ndandencouragedeveryones

    participation.ChairGriggsthankedLynnParmanandBobMarcussefortheirpresentation.COREChairGriggsrecognizedGaryLaffoon,PresidentofCOREinattendance,statingwithGarysexperienceinworking

    withWalmartandtheMissouriDepartmentofEconomicDevelopment,giveshimexperienceatbeingon

    bothsidesofthenegotiatingtable,andwelookforwardtohisleadershipatCORE.

    VIII. OTHERBUSINESS: COLUMBIAAREAJOBSFOUNDATIONBOARDAPPOINTMENTChairGriggsstatedthatREDIhasthreeappointeesontheColumbiaAreaJobsFoundationBoardofDirectors. ThetermheldbyJeff

    MacLellanexpiresthismonthandpursuanttotheCAJFBylaws,anydirectorwhosetermisabouttoexpire

    maybeelectedtosucceedhimselforherself. AsJeffMacLellanisinterestedincontinuingtoserveonthe

    CAJFBoard,

    Chair

    Griggs

    called

    for

    amotion

    to

    re

    elect

    Jeff

    MacLellan

    for

    athree

    year

    term

    on

    the

    CAJF

    Board. CityManagerBillWatkinsmadethemotiontoreelectJeffMacLellanforathreeyeartemonthe

    CAJFBoardandToddCulleysecondedthemotion,whichtheBoardpassedunanimously. RESOLUTIONOFAPPRECIATIONIncludedintheBoardpacketwasaResolutionofAppreciationforMayorDarwinHindmanforhisexcellentserviceinsupportingRegionalEconomicDevelopment,Inc.andservingontheREDIBoard

    forthepast15years. ChairGriggsreadtheresolutionandaddedweowehimadebtofgratitudeashehas

    beenanamazingsalesmanforColumbia. ViceChairVickiRussellmadeamotiontoadopttheresolutionfor

    MayorHindmanandToddCulleysecondedthemotionwhichtheBoardpassedunanimously.

    IX. ADJOURNMENT: ChairDaveGriggsadjournedthemeetingat1:05p.m.RESPECTFULLYSUBMITTED,

    JACQUELYNJONESVICECHANCELLOR,ADMINISTRATIVESERVICES,UNIVERSITYOFMISSOURISECRETARY,REDI

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    REDI CORPORATIONPRELIMINARY BALANCE SHEET

    March 31, 2010

    ASSETS

    Cash $ 181,373Accounts Receivable 0Prepaid Expenses 0Accrued Interest 697TOTAL ASSETS 182,070

    LIABILITIES AND FUND EQUITY

    LIABILITIES:

    Accounts Payable $ 2,025Unearned Revenue 80

    TOTAL LIABILITIES 2,105

    FUND BALANCE

    Unreserved undesignated 179,965

    TOTAL FUND EQUITY 179,965

    TOTAL LIABILITIES AND FUND EQUITY $ 182,070

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    REVENUES: Year to Date FY 2010

    Actual Budget

    Contributions:

    Private 0

    Class B Investors 81,700 125,000

    City 30,000 30,000

    County 17,500 35,000

    University 7,500 15,000

    Interest 2,746 5,000

    Career Fair 0

    Miscellaneous 1,233 33,000TOTAL REVENUES 140,679 243,000

    EXPENDITURES:

    Current:

    Policy Development and Administration

    Materials & Supplies 9,371

    Training & Schools 19,945

    Intragovernmental 120

    Utilities 4,646

    Services and miscellaneous 49,165

    Capital Outlay 0TOTAL EXPENDITURES 83,247

    EXCESS (DEFICIENCY) OF REVENUES

    OVER EXPENDITURES 57,432

    FUND BALANCE, BEGINNING OF PERIOD 122,533

    FUND BALANCE, END OF PERIOD 179,965

    PRELIMINARY STATEMENT OF REVENUES AND EXPENSES

    FOR THE PERIOD ENDING March 31, 2010

    REDI CORPORATION

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    Regional Economic Development Inc.Preliminary Expense Analysis For

    March 31, 2010

    Previous Current

    Year's Year's Current Current

    Annual March March Year Year's

    Budget Y-T-D Y-T-D Percentage Budget

    Account Title 2010 Actual Actual Spent Variance

    OPERATIONS

    Personnel $ 35,500.00 $ 7,407.30 $ 7,608.85 21.43% $ 27,891.15 Office Supplies 3,500.00 1,324.69 1,394.85 39.85% 2,105.15 Postage 2,500.00 987.02 757.54 30.30% 1,742.46 Books/Subscription 1,500.00 1,046.21 233.75 15.58% 1,266.25 Food 2,500.00 957.97 1,207.00 48.28% 1,293.00 Equipment 4,500.00 0.00 4,679.99 104.00% (179.99)Fiber Optics 0.00 0.00 0.00 0.00% 0.00 Intragovernmental Charges 0.00 160.50 120.48 0.00% (120.48)Legal/Audit 5,000.00 10,595.66 675.79 13.52% 4,324.21 Insurance 2,800.00 1,705.00 1,920.00 68.57% 880.00

    Total Operations 57,800.00 24,184.35 18,598.25 32.18% 39,201.75

    OCCUPANCY

    Misc-Contractual 2,000.00 856.05 865.43 43.27% 1,134.57 Rent 30,000.00 17,500.00 17,500.00 58.33% 12,500.00 Utilities-Gas 800.00 366.44 352.66 44.08% 447.34 Utilities-Electric 2,200.00 504.03 1,133.77 51.54% 1,066.23 Utilities-Telephone 5,500.00 2,874.46 3,159.03 57.44% 2,340.97

    Total Occupancy 40,500.00 22,100.98 23,010.89 56.82% 17,489.11

    PROGRAM

    Printing 7,500.00 6,242.38 1,097.56 14.63% 6,402.44 Travel 15,850.00 9,096.78 6,524.87 41.17% 9,325.13 Hospitality 22,650.00 11,238.00 13,420.24 59.25% 9,229.76

    Dues 1,500.00 725.00 965.00 64.33% 535.00 Advertising 46,700.00 387.50 5,020.25 10.75% 41,679.75 Misc-Contractual** 7,361.00 29,030.20 2,210.06 30.02% 5,150.94 Special Projects 45,000.00 0.00 12,400.00 27.56% 32,600.00 Existing Business Retention & Expansion 0.00 0.00 0.00 0.00% 0.00 Life Sciences 0.00 2,500.00 0.00 0.00% 0.00 Special Projects (FY09) 0.00 27,760.00 0.00 0.00% 0.00

    Total Programs 146,561.00 86,979.86 41,637.98 28.41% 104,923.02

    TOTAL 244,861.00 133,265.19 83,247.12 34.00% 161,613.88

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    PROSPECTREPORTAPRIL2010

    Thefollowingisabriefsummaryofsomeofthemajorprospectsweareworkingwith.Theseprospectsareprojectswherethe

    level

    of

    interest

    has

    gone

    beyond

    an

    initial

    response.

    This

    report

    is

    an

    attempt

    to

    balance

    the

    need

    for

    confidentiality,

    whichthevastmajorityoftheseprojectsmentionedbelowhaverequested.ThisreportistokeeptheBoardinformedofouractivitiesandworkload.(PROJECTRATING)1(weak)10(strong)

    9 1. Project CleanProjectCleanProjectCleanisanoutofstatecommerciallaundrycompanythathasreceiveda

    contractforaSt.LouisHospital,andthecontractrequiresthemtolocateafacilityinMissouri.

    ThecompanyinitiallyfocusedonSt.LouisandColumbia,andhasnowputacontractona

    50,000squarefootbuildinginColumbia. Thecompanyisworkingonfinancing,andhas

    submittedtheir

    building

    plans

    and

    business

    license

    application

    to

    the

    city.

    Once

    plans

    are

    approved,buildingimprovementsareexpectedtotakeapproximately60days.Employment

    wouldinitiallybeintherangeof50,andwouldexpecttogrowto100+withintwoyears.

    9 2. Project BlueThisisaconfidentialprojectgeneratedbycontactswithintheUniversityofMissouri. TheMU

    contactandJakeHallidayremainthemainpointsofcontact. Thisisanenergyresearchfirm

    fromanothercountrythatisrelocatingtotheMUlifeSciencesandTechnologyIncubator,and

    willbetakingacombinationofthreewetlabsandtwodrylabareas.Equipmentforthe

    companyisalreadyinColumbia. REDI'sinitialinvolvementwaspayingforthehotel

    arrangementsfortheteam'sfirstvisittoColumbia,andhelpingtoidentifyadditionaltemporary

    housingforteammembers. Sevencompanyrepresentativeswillbehereforanextended

    periodoftimebeginningonMay1. Moredetailswillbemadeavailableastheproject

    progresses.

    8 3. Project TigerProjectTigerisaprojectfromtheMissouriPartnership,andisamajor600+employeelocation

    ofanITfacility. ColumbiawastheonlylocationinMissourithatwasbeingconsidered.

    Columbiawasnarroweddowntooneofeightcommunitiesthatreceivedaconferencecall.

    Aftertheconferencecall,wesubmittedadditionalinformationandwereselectedasoneof

    threelocationsfortheproject. AteamfromthecompanymadeasitevisittoColumbiaduring

    thefirstweekofMarch,andtheMayor,CityManager,UniversityandCollegePresidents,the

    REDIBoardChair,andtheGovernorallparticipatedinthesitevisit. Wehavealsoreceiveda

    secondvisit

    in

    March,

    and

    third

    visit

    conducted

    in

    April.

    We

    continue

    to

    work

    with

    the

    companytoprovidegreaterdetailsonallaspectsoftheproject. Adecisionisexpectedwithin

    30days.

    8 4. Project GableProjectGableisadatacenterleaddevelopedatAFCOM,theindustriesmostnoteddatacenter

    conferenceandtradeshow. Thecompanydevelops,manages,andleasesdatacenters. The

    companyisconsideringColumbiafortheirnextdatacenter. ThecompanyinterestinColumbia

    remainshighandtheyareplanningtheirnextvisitinlateAprilorearlyMay. Anarea

    companymaybeoneoftheanchortenantstogetthisprojectstarted.

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    7 5. Project SpursProjectSpursisadatacenterprojectthathasaColumbiasiteontheshortlist. Boththe

    PresidentandChairofREDIhavesignednondisclosureagreementsonthedetailsofthe

    project.

    7 6. Project MooseProjectMooseisastartupUKbasedcompanythatincludesoneoftheformermanagement

    teamofPetScreen.Thecompanywouldbeinvolvedinhumanhealth,andusingbiomarkersis

    hopingtoestablishacommerciallyviablediagnostictestfortheearlydetectionofcertaintypes

    ofcancerandmarketthetechnology.REDIreimbursedthetravelexpensesoftheCEOtocome

    toColumbiafordiscussionswiththeresearcherandMUlicensingstaff.TheCEOiscurrently

    workingwiththelicensingstaffandtheOfficeofResearch.REDIBoardmembersBobBlack

    andRobDuncanwillmeetwiththiscompanywhileintheUKinApril.

    77.

    Project SlackTheCEOofabusinesssoftwarecompanyislookingatstartinganewcompanyinColumbiainthefieldofmedicalinformationtechnology. Columbiaisbeingconsideredduetoacoupleof

    keyindividualsthatlivehere. Thecompanyplanstopursuesomeangelinvestmentthrough

    CentennialInvestors,andraisetherestthroughprivatecontacts. Atstartup,thecompanywill

    justhaveafewkeyemployees,andleasesomeofficespace. TheCEOvisitsColumbiaregularly

    andthisprojectcontinuestoprogress.

    5 8. Project RichASt.LouisRealEstateBrokeragehascontactedREDIlookingfor15,000squarefeetofindustrial

    spaceforalightmanufacturing/assemblyoperationthatwouldserveanexistingColumbia

    company. Spaceneeds20+highceilings. Severalpropertiesweresubmitted. Thecompany

    won'tknow

    if

    they

    received

    the

    contract

    for

    several

    weeks,

    so

    adecision

    will

    be

    expected

    in

    April.

    New Prospects(PROJECTRATING)1(weak)10(strong)

    5 1. Project DeltaAnareacompanyisinterestedinpurchasinglandandbuildinganewfacilityfortheirsmall

    company. Thecompanycurrentlyleasesspace,andtheircurrentspacedoesnotallowthemto

    expandand

    add

    more

    employees.

    REDI

    has

    provided

    information

    on

    available

    sites

    and

    State

    incentiveprograms. Thecompanyisintheearlystagesoftheproject,sonodecisionis

    expectedforseveralmonths.

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    MEMORANDUM

    TO:

    J.MICHAEL

    BROOKS,

    PRESIDENT

    FROM: MICHELEHOLMES,EXECUTIVEASSISTANT

    DATE: APRIL10,2010

    SUBJECT: SOCIALMEDIAUPDATE

    InJanuary2010,REDIwasawardedaSchoolofJournalismCapstoneProjecttocreateacommunicationsplanforREDItoincorporatesocialmedia.AfterseveralmeetingswiththeTeam,thegroupdevisedasurveywhichwasdistributedbyemailutilizingSurveyMonkey.comto1000localbusinessesandindividuals. Thesurveyaskedthefollowingquestions:1. HaveyouworkedwithordoyoucurrentlyworkwithRegionalEconomic

    Development,Inc.?2. WhichbestdescribesyourroleinthecommunityasitrelatestoRegionalEconomic

    Development,Inc.? 3. Ifotherpleasespecify4. HowdidyoufirsthearaboutREDI?5. Ifother,pleasespecify.6. Usingthescalebelow,howwouldyoubestdescribethequalityofcommunication

    youhavewithREDI?7. HowdoyoucurrentlycommunicatewithREDI? 8. Ifother,pleasespecify.9. Howoftendoesthiscommunicationoccur?10. HowoftendoyouuseREDIswebsite(columbiaredi.com)?11. IfREDIhadablogthatallowedpeopletopostandsharethoughtsregardinglocal

    businesses,howlikelyisitthatyouwouldreadand/orpostonit?12. HowdoyougetyourinformationabouttheColumbiaarea? Pleasecheckallthat

    apply. 13. Ifother,pleasespecify.14. Whatwebsitesdoyouusetogetyourinformationaboutthearea? .Ifnone,

    pleaseleaveblank.15. PleaserankthetypesofstatisticalinformationabouttheColumbiaareayouare

    mostinterested

    in

    seeing

    readily

    available

    from

    most

    important

    to

    least

    important,

    usingonlyonecheckpercolumn.(Employment/Unemployment,IncomeandEarnings,Housing,SkilledWorkforce,ResearchandDevelopment,Infrastructure,Productivity,Education,Investment(InternalandExternal)

    16. Whatsocialmediaoutlets,ifany,doyouuse? 17. Ifother,pleasespecify18. WouldyoubewillingtokeepREDIupdatedandinformedviaemailregarding

    accoladesandpublicrelationsnewsitemsregardingyourbusinessforpostingonwww.columbiaredi.com?

    19. Whatinformationdoyouwishyouwouldhaveknownabouttheareapriortoestablishingyourbusinessororganization? Ifthisdoesnotapply,pleaseleaveblank.

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    Ofthe1000surveyedover120responded.80%oftherespondentsindicatedtheyhadaFacebookorLinkedInaccount;and75%said theywouldbelikelytoreadorpostonaREDIblogtosharethoughtsregardinglocalbusinesses;andkeepREDIupdatedandinformedregardingaccoladesandpublicrelationsnewsitemsregardingtheirbusiness.ThefollowingmessagewaslaunchedonMonday,April12thonFacebookat:http://columbiarediblog.com/ ColumbiaREDIlaunchesintosocialmedia. WelcometoREDI2.0'sblog.REDIisworkingtoimprovecommunicationwithourclientsandbusiness

    peopleintheColumbiaarea.WehavecreatedaTwitteraccount,aFacebookpage,and

    nowthisblog.Wedevelopedtheblogtoencouragediscussiononimportantlocal

    economicissues.

    Youwillfindthattherearefourcategories oneforstakeholders/investors,

    entrepreneurs,businessprospects,andsiteconsultants/relocationspecialists.Thetabs

    arespecialized

    with

    news

    and

    information

    geared

    towards

    you.

    We

    would

    appreciate

    feedbackduringthisprocess,sopleasecommentbelowifyouhavethoughtsor

    suggestionsforus.

    Thankyoufortakingthetimetovisitourblog.BecomeafanofColumbiaREDIon

    Facebook,andifyouhavetwitterfollow@ColumbiaREDI.

    Wewillincorporatedirectlinksfromwww.columbiaredi.com.TheCapstoneTeamsgoalistoposttwoblogs/weekthatwillautomaticallypostonFacebookandTwitter.LynnParmanofKCADCisintheprocessoflaunchingtheirsocialmediacommunicationsplan. ThefollowingishowtheyarepublicizingitontheKCADCwebsite.KCADChasjustlaunchedintosocialmediaandwedloveyourinput!Weareinasoft

    launchphaseuntilmidMay,butyouropinionmeansalottome,soIinviteyoutovisit

    ournewblog,KCThink,andourLinkedIngroupswhilewerestillinourbetaperiod.

    Herearedirectlinkstoboth:

    KCThinkblogpleasemakecommentsorretweetanypostsyoudliketosharewith

    yourTwitterfollowers.YoucanalsosignupforanRSSoremailsubscriptiontobe

    notifiedanytimeanewpostgoesup.

    KCADCLinkedInGroupmakecomments,postanewdiscussionitem,orlinkanews

    articletothegroup.

    KCAnimalHealthCorridorLinkedInGroup makecomments,postanewdiscussionitem,

    orlinkanewsarticletothegroup.

    Thanksinadvanceforjoininginourconversation,andpleasespreadtheword!

    LynnParman,VicePresident,BioscienceDevelopmentKansasCityAreaDevelopmentCouncil

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    MEMORANDUM

    TO: REDIBOARDOFDIRECTORS

    FROM: BERNIEANDREWS,CECD,EXECUTIVEVICEPRESIDENT

    DATE: APRIL9,2010

    SUBJECT: WORKFORCEDEVELOPMENTGRANTANDSTUDY

    OnMarch24,theCentralWorkforceInvestmentBoard,(CWIB)inRollaapproveda

    requestfor

    $47,935

    from

    the

    Boone

    County

    Commission

    and

    the

    Columbia/Boone

    CountyCitizen'sTaskForceforPostsecondaryAdultandTechnicalEducationand

    Trainingforaworkforcedevelopmentstudytoexaminethefeasibilityofenhancingthe

    technicaltrainingopportunitiesinBooneCounty. Apressconferencetoannouncethe

    grantawardandannouncetheformationofaTech100Committeewasheldon

    Monday,March29. REDIwillbetheadministratorforthegrantandMGTofAmerica

    fromTallahasee,Floridawillconductthestudy.

    MembersoftheRFPCommitteehadaconferencecallwithMGTofAmericatoreview

    thetasksofthestudy,thetimeline,andlookedatdatestoschedulethefirstof3

    community

    visits

    that

    will

    be

    part

    of

    the

    grant

    process.

    The

    RFP

    committee

    and

    the

    largerCitizen'sTaskForcewillmeetinAprilandearlyMaytoidentifytheemployersand

    stakeholdersthatshouldbeinterviewedduringthefirst3daysitevisitwhichis

    tentativelyscheduledtooccurinMay,2010. Moreinformationontimingwillbe

    availableafterthetaskforcemeets.

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    EXHBIT 2-1

    PROPOSED PROJECT TIME SCHEDULE BY MAJOR WORK TASK

    September October November December January

    7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25

    1.0 Project Start-Up Meeting with REDI Officials Start

    2.0

    Review Existing Market Data and Technical Education

    Inventory

    3.0 Conduct Community Leader Interviews

    4.0 Survey of Area Employer Sample

    5.0 Surveys of Local Students (OPTIONAL)*

    6.0 Identify Potential Program Demand & Options

    7.0 Final Report and Presentation End End

    April May June July August

    REVISED SCHEDULE 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23

    MAJOR WORK TASK

    4/12/2010

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    Boone County Workforce

    Development Study

    Project Work Tasks and Activities

    [From MGT Proposal Document of August 17, 2009]

    TASK 1.0: CONDUCT INITIAL MEETING WITH REDI PROJECT OFFICIALS

    Planned Activities:

    1.1 Meet with the REDI designated Project Officer and other key project partners.

    1.2 Establish contacts between the MGT project director and key representatives from REDIand theAdult Technical Training Group.

    1.3 Review key objectives of the REDI Workforce Development Study.

    1.4 Confirm the market area geography (Boone County) for the study, and key target

    groups of interest (e.g., business and community leaders, local employers, education

    officials, and current students).

    1.5 Discuss timing of interviews and surveys, and the roles and responsibilities of REDI and

    MGT to complete the study in a timely manner.1.6 Receive existing data and reports relative to local technical education and training, and

    market data, including demographic, education, economic, occupational trends and localprogramming information.

    1.7 Finalize specific conditions, responsibilities, and time frames for all project tasks.

    1.8 Revise work plan and corresponding time line (if necessary) and submit to the REDI

    Project Officer for final approval.

    REDI Responsibilities:

    Schedule initial on-site meeting with REDI project representatives, other project partners,and MGT.

    Provide prior research reports, market demographic and economic data sources, and keylocal contact list.

    Review and approve revised work plan and corresponding time lines, as necessary.

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    MGT Deliverables:

    Participation in start-up meeting. Revised work plan and project schedule.

    TASK 2.0: REVIEW EXISTING MARKET DATA, LOCAL TECHNICAL TRAINING

    PROGRAM INVENTORY, AND RELATED INFORMATION

    Planned Activities:

    2.1. Examine market area population demographic, educational, and economic trends

    including educational attainment and participation rates by level, as provided by REDI,

    Boone County, the State of Missouri, and the various post-secondary education systemsand providers.

    2.2. Compile additional relevant market information, as available, from local, state, and

    national sources.

    2.3. Identify economic, employment, and occupational outlook trends and initiatives that may

    impact potential post-secondary technical training/education needs and participation in

    the area.

    2.4. Review market area current post-secondary education providers and related technical

    program inventories, pricing strategies, scheduling practices, and delivery models. Alsoidentify applicable completion data for the market.

    2.5. Identify gaps in the relevant technical education program inventory, training and program

    completions, and enrollments, related to initial identification of technical occupational

    needs, trends and market conditions.

    2.6. Accumulate lists of potential key stakeholders for market research efforts.

    REDI Responsibilities:

    Provide initial relevant market area trend data and reports. Provide existing technical education provider list. Review and comment on gap analysis summary. Provide available lists of stakeholders for input tasks.

    MGT Deliverable:

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    Summation of needs, market profile, provider, and program options in order to identifytechnical training and education program gaps.

    TASK 3.0: CONDUCT INTERVIEWS WITH COMMUNITY AND EDUCATION

    LEADERS AND MAJOR EMPLOYERS

    Planned Activities:

    3.1 Develop structured interview guides in collaboration with the REDI Project Officer.

    3.2 Obtain from local officials, a list of major employers that typically require skill levels in

    technical disciplines among their employees.

    3.3 Obtain from local officials a list of key educational and community leaders, as well as

    other external stakeholders to be considered for interviews.

    3.4 Prepare, in cooperation with the REDI Project Officer, a letter/notice for community,

    education, and business leaders introducing the study and requesting participation.

    3.5 With assistance from REDI and other local officials, MGT will conduct 15-25 interviews

    across the County. Qualitative interviews with key stakeholders will be conductedprimarily by telephone.

    3.6 Prepare summary findings from the set of interviews, including a list of technology

    related education and training programs to meet local needs, delivery mechanisms,

    scheduling preferences, barriers, certifications, potential stakeholder support, concerns,and issues that need to be addressed in order to optimize local access to needed

    educational opportunities.

    REDI Responsibilities:

    Review and provide comment on drafts of the two structured interview guides. Provide list of major community leaders, educators, and employers and contact

    information for interviews. Assist in contacting and scheduling selected interviewees.

    MGT Deliverables:

    Two separate structured interview guides to be used with: (1) major employers, and(2) community leaders, educators, and other stakeholders.

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    List of attempted and completed interviews. List of perceived local needs for technical education and training programs, preferences

    for mode of delivery and scheduling, and major issues or concerns expressed related to

    serving the needs of the County.

    Preliminary list of high interest adult technical education programs.

    TASK 4.0: CONDUCT SURVEY OF AREA EMPLOYER SAMPLE

    Planned Activities:

    4.1 Develop an employer survey instrument (Web-based), in collaboration with the REDIProject Officer, to assess the local need for technical education programs, number of

    employees who might be in need, barriers to participation, and possible assistance orsupport that may be available.

    4.2 Work with the REDI Project Officer to identify and select a representative sample oflocal employers. Employers will represent a cross section of the targeted industries and

    business sectors likely to need employees with technical skills. This sample will not

    exceed 150 employers. We suggest a combination census and sample to survey local

    employers. A census of all large employers to be determined (i.e., 200+ employees),will be combined with a random sample of mid- to smaller-size employers across

    relevant targeted industry sectors.

    4.3 Conduct the survey of area employers including a reminder notice to survey recipients, if

    necessary, to increase response rate. (If a mail survey notice is utilized,REDI will be

    responsible for providing REDI letterhead and outgoing envelopes;while MGTs budget

    includes production and outgoing postage.)

    4.4 Conduct statistical analysis of data from the quantitative sections of the survey

    instrument.

    4.5 Prepare a matrix of findings from the survey, including a list of preferred higher technicaleducation and training programs.

    REDI Responsibilities:

    Review and approve the employer final Web-based survey instrument. For mail survey notice, provide letterhead and outgoing envelopes.

    MGT Deliverables:

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    Survey questionnaire for area employers who are likely to require employees withtechnical education and training.

    If mail survey notice, production and outgoing postage. For Web-based survey, programmer time and secure server access. Summary of statistical analysis of quantitative section of the survey. List of preferred technical education and training programs.

    TASK 5.0: CONDUCT SURVEYS OF CURRENT LOCAL STUDENTS

    Planned Activities:

    5.1 In collaboration with the REDI Project Officer and representatives of theAdult Technical

    Training Group, develop two survey instruments: (1) a hard copyquestionnaire fordistribution to seniors and/or juniors at local high schools, and (2) aWeb-based survey

    for students currently enrolled in technical programs at area postsecondaryeducationinstitutions (excluding the University of Missouri).

    5.2 Work with REDI officials to: (1) determine the best possible distribution and collectionprocedures to survey high school students; and (2) obtain E-mail addresses for local post-

    secondary students. [If E-mail databases of local post-secondary students are unavailable,

    alternative survey distribution methods (i.e., mail vs. in-class) will be explored with theREDI Project Officer.]

    5.3 Conduct surveys with samples of current local students and include one to two remindernotices to survey recipients, if necessary. Incentives should be considered to boost

    response rates.

    5.4 Conduct statistical analysis of findings from the quantitative sections of the student

    surveys.

    5.5 Prepare a matrix of findings from the student surveys, including a summary of preferred

    technical education programs by institution, student level and discipline, and preferencesrelated to course delivery mode and scheduling.

    REDI Responsibilities:

    Review and approve final student survey instruments. Make arrangements for student survey distribution and collection. Provide copies of student surveys as needed.

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    Final list of potential adult technical education and training needs/gaps thatreflect expressed demand.

    Demand estimates by discipline.

    TASK 7.0: REPORT FINDINGS OF THE WORKFORCE DEVELOPMENT STUDY ON

    TECHNICAL EDUCATION

    Planned Activities:

    7.1 Synthesize findings and analyses from original data collection, incorporate input from all

    selected target audiences in Boone County, and identify specific technical educationneeds, preferences, interest and gaps.

    7.2 Prepare a report of the study methodology and findings and supporting data identifyingneeds and potential demand for new or expanded adult technical education and training in

    the County.

    7.3 Develop a set of key findings and possible options for meeting the identified needs.

    7.4 Following on-site review meeting of the draft report by REDI representatives, make

    revisions and edits as appropriate and deemed necessary.

    7.5 Deliver the final report document for the Workforce Development Study on technical

    education to the Project Officer.

    7.6 Make an on-site presentation of study findings.

    REDI Responsibility:

    Review and comment on draft report.

    MGT Deliverables:

    On-site review meeting An electronic file (PDF) draft report of the Workforce Development Study

    findings for review and comment.

    An electronic file (PDF) of the final report of the REDI Workforce DevelopmentStudy.

    On-site presentation.

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    Resolution of Appreciation

    of the Board of Directors of Regional Economic Development, Inc.

    Expressing Appreciation to

    Mayor Darwin Hindman

    Outstanding Service as Mayor, City of Columbia.

    WHEREAS Mayor Hindman has served as Mayor of the City of Columbia from1995 through 2010; and

    WHEREAS Mayor Hindman has ably represented the City of Columbia onnumerous boards, commissions, committees, councils and most notably, RegionalEconomic Development Inc.; and

    WHEREAS Mayor Hindman has presided over the Columbia City Council withunbounded energy and has contributed immeasurably to fostering a soundeconomic vitality and quality of life for the City of Columbia; and

    WHEREAS Mayor Hindman deserves our recognition and gratitude for thecountless volunteer hours spent including international travel selling the Columbiacommunity as a great place for business to locate, grow and expand; and

    WHEREAS Mayor Hindman has been tireless in serving as the face of the City atcountless community activities and events; and

    WHEREAS Mayor Hindman throughout his five terms in office has been astrong advocate for the residents of the City and has consistently sought to protectthe interests of all our citizens; and

    WHEREAS this period of time has seen an extraordinary amount of change andgrowth in the City of Columbia, and Mayor Hindman has been called upon todevote a substantial amount of time and energy to the affairs of the City ofColumbia; and

    NOW, THEREFORE, IT IS RESOLVED: That the members and staff ofRegional Economic Development, Inc. gratefully record their profoundappreciation to Mayor Hindman for his excellent service in supporting RegionalEconomic Development, Inc.

    Adopted by the Board of Directors, Regional Economic Development, Inc.March 10, 2010