Martin Bender

The meeting covered the February financials, including a payout to Vincent Village, rent revenue, CAM and utilities expenses, program expenses, and building expenses. The board approved the February 2025 Financial Report. An invitation was extended to board members to attend the GCG Automation & Factory Solutions Technology Workshop. Jeff Kingsbury requested formal support from SEED for the New Markets Tax Credit allocation associated with the Electric Works project. The process to initiate the bank transfer with Star Financial Bank is underway. A proposal from Dr. Michael E. Stone to guide a comprehensive strategic planning process was approved. A request to expand the SEED District was discussed and tabled for further review. An invite to the board members to the Southeast Strategy Open House was extended.

The meeting covered financial reports for December 2024 and January 2025, including grant payouts, rent revenue, and program expenses. A new director, Elizabeth Lewis, was introduced. The Star Banking Proposal was approved pending approval from the City Controller. The board was informed about receiving an award of $250,000 through the U.S. Conference of Mayors for the Plant, Pick, Plate program aimed at tackling childhood obesity. There was a discussion about investing in board development and considering an expansion of the SEED District. Additionally, a motion was passed to pay $100,000 to Vincent Village.

The meeting covered the June 2025 financial report, which showed participation fees collected, rent revenue, program expenses, and remaining Summit City Grant funds. The board discussed the Global Entrepreneurship Congress and the SEED Strategic Framework Draft, emphasizing the need to prioritize the district's needs and focus on the designated service area. A Dream Center Grant Proposal was tabled for further review. The board also discussed SEED support for Electric Works and a last-minute offer from Global Medical Services, ultimately deciding to move forward with eviction.

The Board reviewed the July 2025 financials, including participation fees, rent revenue, program expenses, and grant funds. The Annual Tax return 990 was presented and approved. The Board discussed the Strategic Plan Final Framework and SEED support for Electric Works. A request for proposals for grant funding was also discussed to align with the strategic plan.

The meeting included a call for a public hearing regarding resolutions for late filing of Form EZ-2 and readmission, during which no public comments were made. The November 2024 financials were presented, highlighting grant payouts for the Summit City grant and SEED Small Business Grant, as well as rent revenue and program expenses. The board approved resolutions for late filing of Form EZ-2 and readmission, and also approved the Urban League Grant Request. An update was provided on the Don Wood Grant Press Conference, and Electric Works management was invited to give the board an update and tour of the campus.