Meeting Minutes

FALMOUTH EDIC EXECUTIVE SESSION MEETING:  July 17, 2018

Falmouth Town Hall, Selectmens Meeting Room, 59 Town Hall Square,
Falmouth, MA 02540

PRESENT
Chris Land (C), Susan Moran (VC), Paul Burke (T), Brooks Bartlett, Michael Galasso

ABSENT
Christopher Simmler (Ck)

8:35 am* MOTION: Moran made a motion to move into Executive Session in respect to the consideration of a grant application to Mass Development to fund a co-working space, mixed-use facility. Bartlett 2nd. Roll Call: Aye Brooks Bartlett, Aye Paul Burke, Aye Michael Galasso, Aye Susan Moran, Aye Chris Land. All in favor. Motion passed.

8:35 GRANT APPLICATION TO MASS DEVELOPMENT

  • Galasso directed the board to the grant application from Mass Development.

  • Galasso reminded the board that a co-working space building has been discussed many times in the past by this board.

  • Mass Development is offering two grants: 1. A grant up to $250K if there was an existing building to be outfitted for a co-working space. 2. A seed grant for $25K that would need to be matched dollar for dollar for a feasibility study to see if there is demand and need for this facility.

  • The seed grant application is due this Friday, July 20, 2018.

  • Galasso offered to complete the application with assistance from Broderick.

  • Galasso advised there is one co-working facility in Hyannis – the only one he is aware of.

  • Galasso thinks this is an incubator for small businesses that need a space to operate.

  • Mass Development met with the Falmouth Town Manager and expressed their encouragement for a grant application from and for Falmouth.

  • If the application is approved, the next step would be to retain a consulting company to study the Falmouth market and provide a detailed recommendation for a co-working space facility.

  • Galasso believes the EDIC would be eligible for the $250 grant to develop a facility when the applications for this part of the grant next year.

  • Moran inquired about the EDIC financial position to be able to fund this study. A conversation about income/revenue to the EDIC ensued.

  • Galasso suggested there may be some developable buildings in the Tech Park that could be used for a collaborative workspace.

  • Galasso advised that he spoke with Beth Colt, owner of Quicks Hole Inn & Tavern regarding this subject. She expressed interest in a co-working space for a commercial kitchen and supports the EDIC’s application for the feasibility study grant.

  • Moran made a motion that if the EDIC application for the Mass Development seed grant is approved for $25K, the EDIC will match and fund no more than $12.5K in total for a feasibility study for a collaborative workspace, specifically looking at locations that the EDIC is currently involved with, as well as a commercial kitchen concept. Michael Galasso will complete the Mass Development seed application on the Falmouth EDIC’s behalf. Bartlett 2nd. All in favor. Approved.

8:52 ADJOURNMENT

A Motion was made by Moran to adjourn the Executive session. Bartlett 2nd. Roll Call: Chris Land Aye, Susan Moran Aye, Paul Burke Aye, Brooks Bartlett Aye, Michael Galasso Aye. All in favor. Motion passed.

NEXT MEETING – September 11, 2018, 8 am

 
 

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