Enterprise zone development corporation of the wildwoods

ENTERPRISE ZONE DEVELOPMENT

CORPORATION OF THE WILDWOODS
Thursday, September 27, 2012
Minutes of Meeting

A meeting of the Board Members of the Enterprise Zone Development Corporation of the Wildwoods was called to order at 3:10 PM by former Board Chairman, Patrick Rosenello, at Wildwood City Hall, 4400 New Jersey Avenue, Wildwood, NJ.

Mr. Rosenello led the Pledge of Allegiance to the Flag.
Roll Call:

The following Board Members were present at the meeting:

Jodi DiEduardo, City of North Wildwood

Don Cabrera, Borough of Wildwood Crest

Patrick Rosenello, City of North Wildwood

Jeff Walden, Borough of Wildwood Crest (arrived 3:15pm)

Chris Fox, Borough of West Wildwood

Carl O’Hala, Borough of West Wildwood

Marc Karavan, City of Wildwood

Not in attendance were:

Will Morey, City of Wildwood

Sal Zampirri, City of North Wildwood

Mark Roszkowski, Borough of Wildwood Crest

Ernie Troiano, Jr., City of Wildwood

Also present:

Ellen DeVito, Recording Secretary

Minutes may not reflect the order in which items were discussed.
Approval of Minutes:

Mr. Rosenello asked for a motion to approve the minutes from the September 20, 2012 meeting.

Motion by: Jodi DiEduardo Seconded: Carl O’Hala
Minutes were approved unanimously with the exception of an abstention from Mr. Rosenello.

Old Business:

Mr. Karavan explained that there were several changes to the resolution as discussed in Executive Session at the last meeting regarding Mr. Ferrara’s employment terms. He reviewed the changes with the members of the Board.

A motion was made by Don Cabrera to adopt Resolution 2012-01 as amended. Motion seconded by Jodie DiEduardo.

Roll Call: Karavan abstain

Cabrera yes

Walden yes

Fox yes

O’Hala yes

Rosenello yes

DiEduardo yes

Troiano yes (9/28/12 at 11:15 am)
All members present signed said resolution.

Mr. Karavan stated that each of the municipalities needs to adopt a resolution agreeing to the terms of the above stated resolution as soon as possible. The terms as stated in the resolution will begin on 10/01/12. He noted that he will forward correspondence to the municipal solicitors.

New Business:

The Board discussed the opening of a UEZ bank account. Marc Karavan will send Jodie the necessary paperwork to get the account open. The municipalities will deposit funds into the account for payroll and other budgetary expenses. It was discussed that 2 signatures will be needed on any checks written. The signers on the account will be the elected officials from the 4 municipalities who serve on the Board: Troiano, Fox, Zampirri, Rosenello and Cabrera. Mr. Cabrera suggested that Neil Young, CFO, Wildwood Crest, will be a signer and oversee the account. The Board members were all in agreement.

UEZ Personnel Issues

Marc Karavan stated that he would recues himself as a voting member on any of Mr. Ferrara’s litigation or personnel issue since he is the attorney for the City of Wildwood.

Mr. Rosenello asked for a motion to go into Executive Session.

Motion by: Jodie DiEduardo Seconded by: Carl O’Hala

Motion carried unanimously.
Ellen DeVito exited the meeting at 3:15PM.

Ellen DeVito returned to meeting at 3:35PM.
Mr. Rosenello asked for a motion to return to Open Session.

Motion by: Marc Karavan Seconded by: Patrick Rosenello

Motion carried unanimously.
Marc Karavan asked for a motion to approve said resolution pertaining to Ms. DeVito’s employment with the UEZ as discussed in Executive Session.
Motion by: Patrick Rosenello Seconded: Jodie DiEduardo

Roll Call: Karavan yes

Cabrera yes

Walden yes

Fox yes

O’Hala yes

Rosenello yes

DiEduardo yes

Mr. Karavan stated that he will send the wording of the above mentioned resolution to incorporate these minutes.
Comments by Board Members

There were no comments by Board members.

Seeing no further business to be discussed, Mr. Rosenello asked for a motion to adjourn.

Motion by: Marc Karavan Seconded by: Don Cabrera
All members voted unanimously to adjourn.
Meeting adjourned at 3:40 PM.

__________________

Ellen DeVito

Recording Secretary

Approved: