3. Consultant Contract Vote

5. Board of Directors Minutes of Meeting November 10, 2015 Members Present : Gregory Adanin, Peggy Black, Chairperson Doug Chaffin, Stephen McNew, Michael Miller, Barbara Mitzel, Kojo Quartey, Richard Sieb, Ronald Sweat. Quorum present. Members Excused : Mayor Robert Clark, Nick Krzeminski, Lonnie Peppler-Moyer, Gary Wilmoth. Call to Order : Chairman Doug Chaffin called the meeting to order at 8:01 am. ACTION ITEMS : Call for Approval of Regular Minutes : Motion made by Stephen McNew and seconded by Mike Miller to approve the minutes of the September 9, 2015 Board Meeting. Motion carried by a vote of 9-0 with 9 members present. Call for Approval of Treasurers Report : Motion to approve the Treasurer’s Report as presented was introduced by Stephen McNew and seconded by Peggy Black. Motion carried by a vote of 9-0 with 9 members present. STAFF REPORTS : Tim Lake and Charlene Page discussed the items on the Staff Report. Report is attached to these minutes. NEW BUSINESS : Resignation of Dirk VanHeyst : Dirk VanHeyst tendered his resignation with the Board of Directors siting his retirement from Fifth Third Bank. Chairperson Doug Chaffin indicated that the Executive Committee will be looking for a replacement. Should any of the board members have a recommendation, they may contact Chairperson Doug Chaffin directly.

6. Approval of Eli Oklejas to Board: Chairperson Doug Chaffin announced Eli Oklejas, of Fluid Equipment Development Corporation, acceptance of invitation to join Board. Motion was introduced by Stephen McNew and seconded by Peggy Black. Motion carried by a vote of 9-0 with 9 members present. OLD BUSINESS : BIG Event: The BIG Event was held September 29 at the MB&T Headquarters. There were 206 invited with 36 attendees present which is approximately the same numbers as last year. Our keynote speaker took ill and was replaced by Fernando G. Lozano from Pro Mexico who successfully presented opportunities for trade with Mexico. Charlene Page presented an overview of the Monroe County Labor Supply Survey. Mexican themed hors d'oeuvres were supplied by Joy’s Home Cooking while bear and wine were supplied by Broadway Market. Mannik Smith and Michigan Gas Utilities sponsored the event. Investor Update: Tim Lake presented updated information on investments collected year-to-date. As of the end of October 2015, 82.1% of budgeted money has been received. Tim Lake mentioned the proposed timeline for the capital campaign since 2016 marks the 3-year anniversary of the first. It was noted that we will be adding an additional strategic planning session to provide some guidelines for the new campaign for the Board to be held in early spring. Don Spencer was mentioned as a consultant and Chairperson Doug Chaffin will be contacting him about this opportunity. BOARD MEMBER UPDATES : Each of the Board members were given the opportunity to comment on the status of their business, programs in which they are involved, and opportunities within the County. ADJOURNMENT : Meeting adjourned at 9:55 am. Minutes recorded and submitted by: Monroe County BDC Staff H. Douglas Chaffin Chairman Monroe County BDC DocuSign Envelope ID: F03E591F-BBB5-462B-B0AB-76FFE6777156 11/19/2015

7. FINANCIAL REPORTS

12. Partner Activity Greater Ann Arbor Region Detroit Regional Chamber Regional Growth Partnership Regional Prosperity Initiative Monroe County EDC Streamlining Committee RFL Committee Initiatives JR Whiting Update CTE Committee I-75 Corridor Plan Telegraph Road Corridor Plan Retention and Growth Industrial Survey

13. Retention Visits 38 Project Visits 15

14. 2015 Site Request 21

16.  Board of Directors AppointmentVOTE Mr. Chuck West – Fifth Third Bank  Resolution - 2016/17 Meeting ScheduleVOTE  March 9, 2016  May 11, 2016  July 13, 2016  September 14, 2016  November 9, 2016  January 12, 2017  Resolution - 2016 BudgetVOTE

18. Old Business

19. PROJECTEDACTUAL

20. Office Relocation Discussion