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Page 2 <br />Mr. Mike Ruffin <br />January 30, 1989 <br /> <br /> - At least 50% of appointees should be over 60 years of age, The Committee <br /> meets about once every three months and advises the staff and COG <br /> Board on the Area Plan, allocation of funds, etc. <br /> <br /> C. Specific Requests <br /> <br /> Orady Carpenter has served three terms for a total of six years and is therefore <br /> not eligible for reappointment at this time. <br /> <br /> Sue Casper has served one term and may be reappointed if you wish. She is <br /> a valuable committee member and is currently serving as vice chairman. <br /> <br /> Centralina Development Corporation~ Inc. <br /> <br /> A. Membership <br /> <br /> Cabarrus County {las three (3) of twenty-five (25) members. They are appointed <br /> by the County Commissioners and represent (1) local government (2) local <br /> private lending institutions (3) local community organizations (4) business <br /> organization (tile local government representative may - but need not be a <br /> local elected official). <br /> <br /> Tile membership meets once a year (annual meeting) and elects two of the <br /> three members of tile Board of Directors. The Board meets on the last Tuesday <br /> of each month at 3 p.m. as needed, The Board in addition to establishing the <br /> practices, policies and procedures, reviews loan application from applicants <br /> throughout tile region. Most members are financially oriented in that they are <br /> or have been employed by a bank or savings and loan, they are active in the <br /> area of economic development or they have experience in operating a business, <br /> We encourage tile Commissioners to reappoint as many members as reasonab!e. <br /> It is imperative that the member, if elected to the Board, be willing to actively <br /> participate and attend the monthly meetings on a regular basis. <br /> <br /> B. Members 1988 - 1989 <br /> <br /> Current <br /> Term <br /> Name Representing Expires Attendance <br /> <br /> *1) Branson C. Jones Comm. Org. 6/30/90 Active <br /> *2) Eddie B. Durham County Comm. 6/30/90 Active <br /> ~°3) Jerry M. McL~ster Bank 6/30/89 Non Voting <br />  °~{r. MeLesteA has iadic~ed his m~lingness to co~lnue to s~rv~ on th~ <br /> *Board of Directors CDC if reappolv/ted. <br /> <br /> {5 <br /> <br /> <br />