WRFC Minutes 2010-10-20MINUTES OF SPECIAL MEETING
OF THE BOARD OF DIRECTORS OF
WILMINGTON REGIONAL FILM COMMISSION, INC.
A North Carolina Non - Profit Corporation
PURSUANT TO NOTICE, a copy of which is attached as EXHIBIT A, the Board of Directors of
the Wilmington Regional Film Commission, Inc. held a special meeting at 8:00 AM, on October 20,
2010. Mr. Jimmy Smith, Mr. Bobby Greer, Mr. Bill Saffo, and Mr. Bill Vassar were present in person. In
addition, Mr. Johnny Griffin, Ms. Brooke Wheelock, Mr. Michael Durham, and Mr. John Wessel III were
present.
1. APPROVAL OF MINUTES FROM JUNE 10, 2010 BOARD MEETING. The Minutes
from the Board Meeting on June 10, 2010, a copy of which is attached as EXHIBIT B, were unanimously
approved.
2. APPROVAL OF AUDIT OF FINANCIAL STATEMENTS FOR FISCAL YEAR 2009-
2010. Mr. Durham provided an overview of the 2009 -2010 Audit, a copy of which is attached as EXHIBIT
C, including his "Unqualified" recommendation of the financial records of the WRFC. The Audit was
unanimously approved by the Board.
3. CLOSED SESSION FOR CONSULTATION WITH ATTORNEY HIRED BY THE
COMMISSION, JOHN WESSEL III, JD. In accordance with the by -laws of the WRFC, the Board
Members consulted with WRFC attorney John Wessel III.
4. UPON COMPLETION OF THE CLOSED SESSION THE COMMISSION
RETURNED TO ITS GENERAL MEETING. No action was taken by the Board during the closed
session.
5. DISCUSSION OF ELECTION OF OFFICERS. Mr. Griffin reminded the Board
Members that the Officers of the WRFC Corporation are elected on an annual basis during the first Board
Meeting of each year.
6. WRFC ACTIVITY UPDATE. Mr. Griffin updated the Board Members about the recent
announcement of a major motion picture coming to Wilmington. Mr. Griffin has seen an increase in
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production inquiries during the past month and has scouted with production companies. Mr. Griffin stated
that the new NC Film Incentive is the reason behind an increase in inquiries.
7. ADDITIONAL ITEMS DISCUSSED. Board Members discussed possible options for
disseminating WRFC information to City of Wilmington Council Members, New Hanover County
Commissioners, the local public, and Wilmington production crewmembers.
There being no further business, the meeting adjourned at 9:20 AM.
Respectfully submitted,
James L.F. Smith
Chairman
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