WRFC Minutes 2017-05-23MINUTES OF SPECIAL MEETING OF
THE BOARD OF DIRECTORS OF
WILMINGTON REGIONAL FILM COMMISSION, INC.
A North Carolina Non -Profit Corporation
The Wilmington Regional Film Commission, Inc. (WRFC) held a special meeting at
8:30 AM, on May 23, 2017. Chairman Honorable Bill Saffo, Vice Chairman Mr.
William Vassar, Honorable Jonathan Barfield, Ms. Carey Jones, and Mr. Jimmy Smith
were present. In addition, Mr. Johnny Griffin was also present.
1. APPROVAL OF MINUTES FROM MEETING ON FEBRUARY 2, 2017. The
minutes from the Board Meeting on February 2, 2017, a copy of which is
attached as EXHIBIT A, were unanimously approved.
2. APPROVAL OF LETTER OF ENGAGEMENT. A Letter of Engagement, a copy
of which is attached as EXHIBIT B, from Auditor Kemmy Goodson to conduct
an audit of the FY 16/17 financials was unanimously approved.
3. APPROVAL OF FY17 -18 BUDGET. The proposed budget for FY17 -18, a
copy of which is attached as EXHIBIT C, was unanimously approved.
4. MEMBERSHIP UPDATE. Mr. Griffin reported that the membership revenue
for FY16 -17 is expected to be approximately $30,000. This exceeds the
budgeted amount of $25,000. However, in general, the Commission has
experienced a decline in each of the previous years in membership revenues.
Mr. Griffin is hopeful that with expectations of an increase in Film Grant
funding next year that membership revenue will grow in FY17 -18, or at least
remain steady.
S. PRODUCTION UPDATE. Mr. Griffin reported that the television series
C'' 'GOOD BEHAVIOR" has begun filming for Season 2 and will continue through
August. Additionally, interest from clients has increased and will hopefully
lead to more work in the coming months.
6. MARKETING UPDATE. Mr. Griffin stated that the Commission exhibited at
the annual Locations Tradeshow in Los Angeles in April in a combined booth
with the NC Film Office, Charlotte Film Office, and Piedmont Triad Film
Office. Mr. Griffin will attend both the CineGear Expo and the Produced By
Conference in Los Angeles in June. In anticipation of the North Carolina
Legislature providing additional funding to the NC Film Grant Fund by July,
Mr. Griffin anticipates another trip to Los Angeles in July /August to meet
with clients to "reintroduce" them to Wilmington.
7. LEGISLATIVE UPDATE. The state budget continues to make its' way
through the legislature. We are hopeful that the funding for the NC Film
Grant will remain at $30 million annually, or increase. We are also hopeful
that the Film Grant funding will become "recurring ". We continue to
maintain communication with our legislative delegation to support them in
this effort.
8. OLD BUSINESS. There were no items discussed.
9. NEW BUSINESS. There were no items discussed.
There being no further business, the meeting was adjourned at 9:15 A.M.
Respectfully Submitted,
Honorable Bill Saffo, Chairman