MINUTES FOR THE I-GATE DEVELOPMENT CORPORATION BOARD MEETING OF JANUARY 26TH, 2016
1. CALL TO ORDER/ROLL CALL Board Chair Buck Koonce announced a quorum of the board was present and called the meeting to order.
2. CITIZENS FORUM None
3. MINUTES/FINANCIALS: 3.1
Approval of meeting minutes from September 24th, 2015, directors’ meetings
Accepted unanimously 3.2
Approval of financials
Accepted unanimously
4. MATTERS FOR CONSIDERATION: 4.1 4.2
Executive Director report Appointment of Sblend Sblendorio to the Board of Directors and approval of agreement for pro bono legal services. After discussion, the board determined the best course of action was to engage Mr. Sblendorio as outside counsel, instead appointing him to the board. 4.3 Discussion and direction regarding Sandia National Laboratories request for i-GATE participation in the CREATE project on the Livermore Valley Open Campus, including a presentation by the Sandia team. Sandia LVOC leads Devon Powers and Stephanie Beasly gave a presentation on Sandia’s CREATE project, including discussion of i-GATE’s potential role. The board expressed support for i-GATE’s participation in the project, and asked for a presentation on deal terms at a future board meeting.
5. MATTERS INITIATED BY THE BOARD None
ADJOURNMENT