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MINUTES <br /> ECONOMIC DEVELOPMENT INDUSTRIAL CORPORATION <br /> TUESDAY, OCTOBER 24, 2017 <br /> ADMINISTRATIVE CONFERENCE ROOM <br /> MASHPEE TOWN HALL <br /> 6:00 p.m.---Convene Meeting in Open Session <br /> Members Present: Carol Sherman, Denise Dutson, Robyn Simmons, Pamela McCarthy <br /> Also Present: Assistant Town Manager Wayne Taylor <br /> 1. Call Meeting to Order <br /> Carol Sherman opened the meeting at 6:00 <br /> 2. Approval of Minutes <br /> Minutes September 26, 2017 <br /> Motion: Pamela McCarthy moved to approve the September 26, 2017 minutes, seconded by Denise <br /> Dutson. Vote unanimous 4-0 <br /> 3. Treasurer Report <br /> Robyn Simmons reported on the Cape Cod Five Accounts as of September 29, 2017. <br /> Account#*2881: $351,951.59 (Interest earned YTD: $919.98) <br /> Account#*5089: $31,882.48 <br /> 4. Old Business <br /> Update on Change of Authorized Signatories on Cape Cod 5 Accounts. <br /> The Chair noted the bank requires two signees on our bank accounts. <br /> Investment Options <br /> It was suggested to include on a future agenda a discussion on investing funds. <br /> Town Manager's Letter for the Mashpee Guide for Business <br /> The Chair distributed a proposed letter from the Town Manager to be included in the Mashpee Guide for <br /> Business. Following a minor correction: <br /> Motion: Robyn Simmons moved to approve the Town Manager's letter to be included in the <br /> Mashpee Guide for Business, seconded by Pamela McCarthy. Vote unanimous 4-0 <br />