CALUMET COUNTY ECONOMIC DEVELOPMENT
PLANNING DEPARTMENT
206 COURT STREET
CHILTON, WI 53014-1198
CHILTON: (920) 849-1493 EXT.790 APPLETON/SHERWOOD: (920) 989-2700 EXT. 442
FAX: (920) 849-1481 WEBSITE: www.calumetbusiness.com
CALUMET COUNTY REVOLVING LOAN FUND COMMITTEE
MINUTES
Monday, April 13, 2009
1.
Meeting Announcement and Posting
The meeting was properly announced and called to order at 4:02 PM by Ray Brock in
Room 015 at the Calumet County Courthouse.
2.
Roll Call
Ray Brock, Ray Mueller, Chester Dietzen, Tom Scheuerman and Diane Thorson were in
attendance.
Also in attendance were Terry Criter, Amy Criter, Robert Schmidt, and Peter Herrick of
Chilton Manufacturing. Staff present were Dan DeBonis, Finance Director; Pamela
Captain, Corporation Counsel; and Kelly Nieforth, Economic Development Specialist.
3.
Pledge of Allegiance
The Pledge of Allegiance was led by Chairman Brock.
4.
Agenda Approval
Mueller made the motion to amend the agenda to move item 13 before item 8 so the
representatives from Chilton Manufacturing could leave early and not have to sit through
the whole agenda. It was seconded by Thorson. Motion carried unanimously 5 ayes and
0 nays.
Mueller made the motion to approve the amended agenda with Scheuerman seconded the
motion. Motion carried unanimously 5 ayes and 0 nays.
5.
Minutes Approval
Motion by Mueller, seconded by Thorson to approve the minutes as presented. Motion
carried unanimously 5 ayes and 0 nays.
6.
Public Participation (if approved by the Committee Chair)
There was no public participation.
7.
Communications
None.
8.
Review of Chilton Manufacturing RLF Application
The current owner of Chilton Manufacturing and the interested parties were introduced
and a general discussion on their business followed. The RLF Committee asked questions
regarding work experience, growth strategies, competition and the sales predictions.
9.
Economic Development Specialist Report
Nieforth gave an update on the Custom Fabricating Specialists, LLC. The company
received a $40,000 RLF loan and is doing well. The economy has some effect on the
business, but overall, the business is growing. Nieforth also gave an update on Loyal
Automotive in New Holstein. The owner of Loyal Automotive indicated to Nieforth that
he will most likely be closing his business in June. Nieforth reminded him that he will
need to pay off his loan at that time.
10.
Corporation Counsel Update
Pamela Captain, Calumet County’s Corporation Counsel gave the committee an update
on three Revolving Loan Fund recipients. Metko, Inc.’s bank has requested that Calumet
County enter into an Intercreditor Agreement with them to ensure that the bank would be
first in securities of the machine that both Calumet County and the bank loaned money
for. Captain needed a motion for the county to enter into the Intercreditor Agreement
with M&I Bank.
Scheuerman made the motion to allow Captain to enter into an Intercreditor Agreement
with M&I Bank on behalf of the county. Dietzen seconded the motion. Motion carried
with 4 ayes, 0 nays and Thorson abstaining due to conflict of interest.
Captain also gave an update on Top of the Ledge Campground and Village Wine and
Liquor. There will be a judgment filed against the Top of the Ledge to pay the money
they owe to Calumet County. A judgment has already been filed against Village Wine
and Liquor but that has not been answered.
11.
RLF Financial Report
Dan DeBonis handed out current financial reports of the Revolving Loan Fund.
12.
RLF Inquiries
Nieforth has been in contact with several businesses interested in applying for a
Revolving Loan Fund loan.
13.
Set next meeting date
It was decided by the RLF Committee the next meeting date would be left to the
discretion of Nieforth.
14.
Closed Session to discuss Chilton Manufacturing RLF Application
Motion by Mueller, seconded by Dietzen to move into Closed Session at 5:48 PM
pursuant to Section 19.85(1)(f) and 19.36(5)of the Wisconsin State Statutes. Motion
carried unanimously 5 ayes and 0 nays.
15.
Approval of December 22, 2008 Closed Minute Session Minutes
Motion by Thorson, seconded by Mueller to approve the minutes as presented. Motion
carried unanimously 5 ayes and 0 nays.
16.
Adjournment
Motion made by Thorson, seconded by Mueller to adjourn the meeting at 6:15 PM.
Motion carried unanimously 5 ayes and 0 nays.
Respectfully Submitted,
Kelly Nieforth
Economic Development Specialist
These Minutes Have NOT Been Approved by the Revolving Loan Fund Committee.