5-2-08

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" rowspan="2" width=210 BGCOLOR="#99CC99" TEXT="#080000" bgproperties="fixed" background="03e8dfc3.jpg"> <div> <A HREF="id125.htm" TARGET="_top" TITLE="Board of Directors"><B>Board of Directors</B></A></div> <div> <A HREF="id2.htm" TARGET="_top" TITLE="Meetings"><B>Meetings</B></A></div> <div> <A HREF="id122.htm" TARGET="_top" TITLE="CEDS"><B>CEDS</B></A></div> <div> <A HREF="id66.htm" TARGET="_top" TITLE="Scenario Planning"><B>Scenario Planning </B></A></div> <div> <A HREF="id80.htm" TARGET="_top" TITLE="Task Team"><B>Task Team</B></A></div> <div> <A HREF="id117.htm" TARGET="_top" TITLE="Regional, State Federal Links Docs"><B>Regional Plans </B></A></div> <div> <A HREF="id65.htm" TARGET="_top" TITLE="Regional Links NW CT"><B>Links</B></A></div> <div> <A HREF="id39.htm" TARGET="_top" TITLE="ByLaws"><B>By-Laws</B></A></div> <div> <A HREF="id6.htm" TARGET="_top" TITLE="Contact"><B>Contact</B></A></div> <bR> <div> <B>CEDS Sponsors:</B></div> <bR> <div> <A HREF="id125.htm" TARGET="_top" TITLE="Board of Directors"><I><U>Platinum Sponsor</U></I></A></div> <div> <B>Borghesi Building & Engineering</B></div> <bR> <div> <I><U>Silver Sponsors</U></I></div> <div> <B>Bicron Electronics</B></div> <div> <B>CEDAS</B></div> <div> <I>(CT Econ. Dev. Assoc.)</I></div> <bR> <div> <I><U>Bronze Sponsors</U></I></div> <div> <B>Parker Productions</B></div> <div> <B>Winvian</B></div> </td> <td valign="top" colspan=2 height=82 style=" border-bottom: 1px solid #999980;" BGCOLOR="#CCCC99" TEXT="#080000" bgproperties="fixed" background="03f8dfe1esnpes.jpg"> <div> <FONT SIZE="5" COLOR="#006600" FACE="Bangle" ><B>Northwest Connecticut Economic Development Corporation</B></FONT><FONT SIZE="2" COLOR="#000000" FACE="Bangle" ><B> </B></FONT><B>    </B><B>|</B><B>  </B><FONT SIZE="2" COLOR="#000000" FACE="Bangle" ><B> </B></FONT><FONT SIZE="2" COLOR="#006600" FACE="Bangle" ><B> </B><B> </B><A HREF="index.htm" TARGET="_top" TITLE="Northwest Connecticut Economic Developme"><B>home</B></A></FONT></div> <div> <A HREF="id102.htm" TARGET="_top" TITLE="12508">1-25-08</A>   |   <A HREF="id103.htm" TARGET="_top" TITLE="3708">3-7-08</A>   |   <A HREF="id105.htm" TARGET="_top" TITLE="41808">4-18-08</A>   |   <B>5-2-08</B>   |   <A HREF="id107.htm" TARGET="_top" TITLE="9508">9-5-08</A>   |   <A HREF="id108.htm" TARGET="_top" TITLE="10308">10-3-08</A>   |   <A HREF="id109.htm" TARGET="_top" TITLE="11708">11-7-08</A>   |   <A HREF="id110.htm" TARGET="_top" TITLE="12508">12-5-08</A></div> <div> </div> </td> </tr><tr> <td valign="top" height=398 width="100%" colspan=2 BGCOLOR="#CCCC99" TEXT="#080000" bgproperties="fixed" background="03f8dfc3.jpg"> <div> <I>5-2-08</I></div> <DIV ALIGN="LEFT"></DIV> <div> <B> <TABLE BORDER="1" CELLPADDING="1" CELLSPACING="1" WIDTH="727" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ALL" HSPACE="0" VSPACE="0" BGCOLOR=#FFFFFF > <tR> <tD VALIGN=TOP HEIGHT= 741 WIDTH="719"><div> <B><U>Northwest Connecticut Economic Development Corporation</U></B></div> <div> 333 Kennedy Drive, Torrington, CT 06790</div> <div> <U>860.567.2204 - www.nwctedc.com - info@nwctedc.com</U></div> <bR> <div> <B><U>Board of Directors</U></B></div> <div> May 2, 2008 - 8:00 am</div> <div> <I>NW CT Chamber of Commerce</I></div> <div> <I> </I></div> <div> <B><U>Attendance:</U></B> Allan Borghesi, Doug Parker, JoAnn Ryan, Bob Axelrod, Lou Helt, PersonNameDavid Dean, Dan McGuiness, Pat Power, Bill Baxter, Carolle Jenkins, Maura Martin, John Maxwell, Mike McGuffie, Pat Mechare, Ted Murphy, Fran Delaney, Dwain Snow, Gina Scherbner, Don Stein and Chris Vita.</div> <bR> <div> <I>Approved BOD Minutes from April 18, 2008</I></div> <bR> <div> <B><U>Reviewed Regional Scenario Planning</U></B></div> <div> -  Discussed importance of executing (D. Stein); noted the common vision between the cities and town, less disagreements and conflicts than previously thought (P. Mechare); suggested that we schedule additional sessions to complete the scenario planning process (T. Murphy); Doug agreed to arrange with Kay Carroll.</div> <div> -  A. Borghesi recommended that the Board create subcommittees based on the most important issues designated during scenario planning, and these subcommittees must develop and accomplish deliverables.</div> <div> -  Next step is to create a Task Team to address the regional issues.</div> <div>   </div> <div> <B><U>Speaker</U></B> - Jason Giulietti <I>(Research Economist - CBIA)</I> </div> <div> -  Jason made a Power Point presentation using economic data to identify the issues facing the Connecticut economy.  The data helped to validate the importance of issues previously identified by NWCTEDC.  CBIA is now collaborating with the NW Chamber and NWCTEDC to create a detailed regional survey based onNW CT issues and concerns.</div> <bR> <div> <B><U>Updates</U></B></div> <div> -  Vance Taylor told the Board that the NWCTEDC and HRP have agreed to terms for HRP's analysis of environmental data previously gathered on Nidec's Franklin Drive property in Torrington.  HRP agreed to review documents provided by Nidec at no charge, but NWCTEDC neither gains interest in nor makes any commitment to purchase the property by employing HRP to review this information.</div> <bR> <div> <B>Adjourn</B></div> <bR> <div> Respectfully Submitted,</div> <div> D. Christopher Vita</div> <div> NWCTEDC Interim Recording Secretary</div> <bR> <DIV ALIGN="LEFT"></DIV> <div> <A HREF="id100.htm" TARGET="_top" TITLE="NWCTEDC Minutes"><B>Back to Minutes</B></A></div> </tD> </tR> </TABLE></B></div> <bR> <bR> </td> </tr></table></body>