3/19/2013 ECONOMIC DEV AND INDUSTRIAL COMMITTEE Minutes

Home Browse Search

Y i S Commercial Real Instate, Inc., Michael Gxancola. Torn noted FDIC is not required to follow the 30B process but we are following it as close as we can to get the best price. Tom reviewed the scenario and cost estimate page. He reviewed the sales scenario and the lease scenario with the members. Torn reminded everyone that EDIC is exempt from 30B but we are trying to follow the process to make sure get the best deal, the best person, the best firm and the best price for EDIC and all of this is further negotiable. Terrie Cook noted that all the firms are very well known and very reputable. Dino Mitrokostas excused himself from this discussion and vote due to a possible conflict of interest. Following a lengthy discussion, Motion: Mary LeClair moved to award the bid to Cape Business Brokers with the condition on verifying the lease terms and negotiating the maximum sales commission to %. Seconded by Terrie Cook. Tori said he could confirm this in the morning given the vote. Moll Call vote: Robyn Simmons, yes Mary LeClair, yes; Terrie Cook,yes& Carol Sherman,yes; and Dino Mltro os as, abstained. Motion: Terrie Cook moved to authori a Tour Mayo to do the negotiations, seconded by Mary LeClair. vote -0-1 with Digo Mitrokostas abstaining. e. Update on compilation of Mashpee Guide for Business. Carol Sherman presented the Mashpee Guide for Business to the FDIC members. She noted this can be seen online. d. Distribution Flan for Guide for Business and instructions for the distribution. There was a discussion where should the Guide be available to new businesses: the Chamber of Commerce, the Library, Clerk's Office, Banks, Building Department, and Selectmen's office. Carol stated the guides will not be handed out as fliers. This is for serious businesses that are corning into our town and want information on how to open up a business. Torn will be writing instructions on how to handle the handing out of these booklets. It has to be a serious business who wants to come to Ma hpee. To start with, there will be two guides placed in each location with the explanation that this is an informational packet to be given to someone who is very interested in opening a business in Mashpee and that the guide can also be picked up online. Presentation of Guide to Chamber of Commerce. E. Carol Sherman announced that the Chamber is having their after hours April 25 frorn o to 7 3 o at the Cape Cod Fitness and MIC will present the Guide at this time. Dino said he will bring the wide to the other locations and will give them Tom Mayo's business card in the event they have any questions. If they run out they can call for more. . Discussion of vacant Seat on Board. Torn said he called Andy Gottlieb and Andy will be attending tonight's meeting. Worn said the opening on the EDIC is for a member with a real estate license. This will be discussed with Andy when he arrives.