July 28, 2015 Board Meeting Minutes

July 29, 2015

Date:                           Tuesday, July 28, 2015

Time:                           3:00 p.m.

Location:                     THINC. Board Conference Room

Present:                       John Asbell (presiding), Robby Burch, Tonia Contorno, Corinne Hodges,   Darryl Harrison, Greg Hicks, Toni Striblin,

Linda McMullen, C.J Tumambing and Renae Willis

Absent:                       Perrin Alford

Others Present:        CEO – Kathy Carlisle

Staff/Consultants – Lauren Carlisle

 

Chairman John Asbell called the meeting to order at 3:13 pm.

Darryl Harrison gave the Invocation.

Robby Burch made a motion to approve the minutes from June 23, 2015 as submitted. Renae Willis seconded the motion, and the motion carried unanimously.

Finance – Robby Burch gave a recommendation to amend the budget from $5,000 to $19,200 to cover a new contract with Abbott.Inc.  Tonia Contorno made a motion to approve as submitted. Linda McMullen seconded the motion, and the motion carried unanimously.

Robby reviewed the Operations and Expense Reports stating that we are to the good. Our cash flow shows we have money in the bank. Tonia Contorno made a motion to approve as submitted. Corinne made a motion to approve the Finance budget as submitted. Robby also proposed that we leave a negative amount line item until we have the knowledge of where the money will come from to pay it. Corinne made a motion to approve this line item proposal. We will receive the $25,000 Development Authority donation next week.  Overall, we are on target!

Governance Committee Recommendations– Linda McMullen provided recommendations regarding the by-laws. There will be a Code of Ethical Conduct along with some By-law changes. Some of the recommendations are listed below.

  • Increase the number of THINC. board members
  • Define what “good standing” means
  • Define what it means by “financial support of the organization” by board members; possible change the language
  • Add an Immediate Past Chair
  • Changing of board members will be staggered when nominations are brought forth in August

These changes will be made and signed at the next board THINC. Board Meeting on August 25, 2015. The Fund-Raising Policy is the next project the Governance Committee will be working on.

Chair Report-John Asbell spoke about the details of the Ribbon Cutting Ceremony for July 30, 2015. The event will start at 4pm in the Mechatronics Lab and we expect between 150-200 people. We will give group tours after the one hour Ribbon Cutting Ceremony and the Instructors will be in their classrooms to give more detail about what they will be teaching.

CEO Report- Dr. Kathy Carlisle spoke about Bretford. THINC. has partnered with Bretford to help better serve our students.  As part of the partnership, THINC. will allow Bretford to place furniture throughout the academy.  In return, Bretford will mentor THINC students and explore ways for students to become more business savvy. This partnership will allow us to get THINC. attention outside the State of Georgia.

Robby Burch made a motion to adjourn. Toni Striblin seconded the motion, motion passed unanimously.

The meeting adjourned at 4:09pm.

Next meeting date: Tuesday, August 25, 2015 at 3 p.m. in the THINC. Board Conference Room at One College Circle LaGrange, GA 30240

______________________________________________                                                 Approval