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<br />Mashpee Economic Development and Industrial Corporation (EDIC) <br />Minutes – August 26, 2025 <br />6:00 PM – Zoom Meeting <br />Present: Patrice Pimental, Robyn Simmons, Stephanie Viva, Pamela McCarthy <br />Absent: Mike Richardson, Denise Dutson <br /> <br />1. Call Meeting to Order <br />Pamela opened the meeting at 6:00 p.m. <br />Minutes from July 27, 2025 were unanimously approved. <br /> <br />2. Treasurer’s Report <br /> Checking Account: $15,933.80 <br /> Money Market Account: $116,310.10 <br /> Certificate of Deposit (CD): $266,703.34 (matures October 2025 at Rockland, 3.44%) <br />Discussion included: <br /> Rate considered low; suggested exploring higher short-term rates. <br /> Preference for liquidity due to potential EDIC projects. <br /> Recommended placing banking strategy on the agenda for September. <br /> <br />3. Old Business / Main Topics <br /> Mashpee TV Interviews: <br />Initiative to feature Mashpee business owners on Mashpee TV. First target business: <br />Dark Water Games. Interviews to profile owners, challenges, and growth stories. <br /> Support for Entrepreneurs: <br />Discussion of pop-up/rotating spaces, grant programs, and potential shared <br />kitchen/commissary space. Explored mobile kitchen option to support training and small <br />food businesses. <br /> Board Membership: <br />Candidate Jill Blanchard (Higher Power Professional Services) discussed as a strong fit. <br />Resume and letter to be submitted to Select Board. <br /> <br />