Iberia Economic Development Authority
Meeting Minutes
Thursday, June 28, 2012
Board of Commissioners of the Iberia Economic Development Authority
met on Thursday, June 28, 2012 at 7:30 a.m. at
101 Burke Street, in New Iberia, LA 70560
Cecil Hymel called the meeting to order.
Mr. Hymel called for the roll:
Members Present: Jim Wiggins, Fran Henderson, Cecil Hymel
Members Absent: Damen Migues, Liz Bodin
Others Present: Michael Tarantino, Jeff Simon
Mr. Hymel called for Public Comment. There being no comments, after a quick review of the minutes from the last meeting, on a motion by Fran Henderson, seconded by Jim Wiggins, the minutes of the regular May, 2012 meeting were unanimously approved.
On a motion by Jim Wiggins, seconded by Fran Henderson, the May, 2012 financials were unanimously approved.
Mike Tarantino reported that he has been in contact with Ronnie Gonsoulin with regards to the liability insurance for the property. Mr. Tarantino reminded the commissioners that the best quote IEDA received was from DJW Insurance at $1,100.00 per year with a certificate of additional insured from Mr. Gonsoulin’s insurance company. On a motion by Fran Henderson, seconded by Jim Wiggins, Cecil Hymel was authorized as chair to sign off on the insurance certificate with DJW Insurance.
Mike Tarantino proceeded with his economic update, in which he reported that the sign for the property has been ordered, with the agreement from the Tauriac’s to place said sign on their property. Jeff Simon will draw up a letter for signatures by both parties noting the agreement for placement of sign. Mr. Tarantino will be meeting with Mark Berard and Steve Oubre to discuss the preliminary engineering and park design. He also reported that the airport access road design is still with LA DOTD.
There being no further business to come before the Board, on a motion by Fran Henderson, seconded by Jim Wiggins, and unanimously approved, the meeting was adjourned. The next regular meeting is scheduled for Thursday, July 26, 2012 at 7:30 AM.