BOARDS AND COMMISSIONS INFORMATION FORM

Name of Board/Commission Loan Committee
(Economic Development Revolving)
Date 02/24/14
Authority for Creation The Economic Development Revolving Loan Committee was created by a resolution adopted by the City Council on March 18, 1985.
Purpose/Function The purpose of the Economic Development Revolving Loan Committee is to review loan and approve or deny requests to assist small businesses in creating or retaining jobs to benefit low to moderate income individuals and to generally stimulate the expansion and development of small businesses located within a defined area.
Method of Appointment Six members are appointed by the City Council upon the recommendation of the Mayor. The individuals represent the following areas: banking, legal, small business, general business, and two open appointments. The seventh member is a representative of the Housing/Neighborhood Development Department staff.
Number of Members Seven
Terms of Office Three years
Meeting Date and Time First and third Wednesdays of each month - 4:00 p.m.
Chief Staff Person
Ken Millett
Title
Small Business Liaison
Telephone Number
(336) 747-7472
Current Membership - Loan Committee
Name Race/Gender Term Expiration
City Council Appointments
G. Douglas Atkinson  WM 1 12/11
Leigh Bagley               WF 1 02/11
Kevin M. Cole BM 1 02/13
Darnella Cook  BF 1 02/17
Carol Davis  BF 1 02/17
Andrew Dreyfuss, Chair WM 1 02/10
Diane Greer** WF N/A N/A

Special Notes:

1*  =  Serving more than 50% of an unexpired term (more than one year & seven months of the term has expired).

0*  =  Serving less than 50% of an unexpired term (more than one year & six months of the term has expired).

***= This position is a staff representative of the Housing/Neighborhood Development Department and does not expire. This is a non-voting position.

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