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IEDA Board Minutes - March 2020

Iowa Economic Development Authority Board
Telephonic Call
Meeting Minutes
March 25, 2020 11:00 a.m.


Board Members Present: Lisa Shimkat Tom Townsend Doane Chilcoat Jennifer Cooper Linda Crookham-Hansen Mark Kittrell Chris Murray Lisa Hull Pankaj Monga Megan McKay

Ex-Officio Members Present: Jackie Smith David Barker Kenan Judge Brian Lohse Rob Denson

IEDA Staff Present: Debi Durham Rita Grimm Rick Peterson Rob Christensen Jill Lippincott Paul Stueckradt Melanie King Jennifer Klein

Others Present: Chris Kramer, Iowa Dept. of Cultural Affairs Kathy Bolton, Business Record Kristin Hanks-Bents, Iowa Finance Authority

BOARD CHAIR
Welcome and Introductions
Iowa Economic Development Authority Board Chair Chris Murray called to order the meeting of the IEDA Board at 11:03 p.m.

Roll Call
A quorum of the Board was established with the following Board members present: Jennifer Cooper, Mark Kittrell, Chris Murray, Linda Crookham-Hansen, Lisa Hull, Tom Townsend, Pankaj Monga, Megan McKay, Doane Chilcoat and Lisa Shimkat Ex-officio members present: David Barker, Jackie Smith, Kenan Judge, Rob Denson and Brian Lohse

PUBLIC COMMENT PERIOD
No comments were made.

IOWA INNOVATION FUND AWARD RECIPIENTS – MODIFY PAYMENT TERMS MOTION
Mark Kittrell moved that the Iowa Economic Development Authority Board accept the recommendation of the TCC to suspend the repayment requirements for recipients of funding through IEDA’s Innovation Platform programs during the period March 20, 2020 through June 30, 2020 and suspend the accrual of interest on loans for the same period, seconded by Jennifer Cooper. Roll Call vote was taken. Motion carried unanimously.

OTHER BUSINESS
The next IEDA Board meeting will be held on Friday, April 17, 2020 at 9:30 a.m. at 1963 Bell Avenue, Des Moines, IA 50315.

ADJOURNMENT
There being no further business at the meeting of the IEDA Board, MOTION: Lisa Hull moved that the IEDA Board adjourn, seconded by Megan McKay. Motion carried unanimously. Meeting adjourned at 11:21 a.m.

Melanie King, Board Administrator; Chris Murray, IEDA Board Chair

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