GCDC Guide

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Glenboro Community

Development Corporation

Limited

Organizational Guide

January 2009

Table of Contents

Organizational Structure

Board of Directors

Standing Committees

Operating Funds

Year End, Staff

Community Works Loans Program

Glenboro Community Development Corporation Limited

Mission Statement

"To foster the economic and social development of Glenboro and the surrounding Rural Area."

Organizational Structure:

The Glenboro Community Development Corporation was originally founded in 1965. At that time, shares were sold to individual community members who owned and controlled the activities of the corporation.

The GCDC was restructured in 1998. New By-laws were drafted to replace those out of date, and the individually owned shares of the corporation were gathered up and bought back by the GCDC (donated more like it). Under the new structure, the GCDC is comprised of Municipal Shareholders and Associate Members defined as follows:

A. Municipal Shareholders

Village of Glenboro

R. M. of South Cypress

These two municipal corporations at present contribute approximately $9,000.00 towards the operation of the CDC annually. Both corporations have a representative sitting on the Board of Directors. Robert Gudnason and Earl Malyon represent the Village and R.M. Councils respectively.

B. Associate Members:

An associate member is defined as any active, paid individual or business. Current yearly membership fees are as follows:

Individual: $30.00

Small Business: $50.00

Business: $100.00

Associate Memberships generate an estimated $6,000.00 annually.

Board of Directors

The GCDC itself is comprised of a Board of Directors established per By-Law 1/98.

The Board of Directors (commonly referred to as the Executive) generally meets on the fourth Wednesday of the month from September to June, taking time off during the summer months. Meetings are held in the R.M. of South Cypress Council Chambers beginning at 7:00 p.m.

The current members of the Board of Directors are as follows:

Board of Directors

President: Curtis Wytinck

Vice-President

Past President Glen Tosh

Treasurer Chris Tanasichuk

Secretary Ernestine Sepke

Village Representative Rob Gudnason

R.M. Representative Earl Malyon

Development Officer Chris Tanasichuk

One member per standing committee

Business & Industry David Ediger

Museum Ernestine Sepke

Properties Moray Jamieson

Other Officers may be appointed as required by the Board to fulfill the mandate of the Directors and perform such duties as required.

Not less than six (6) and not more than fifteen (15) Directors shall constitute the Board of Directors and shall manage the affairs of the Corporation.

A Director shall be an associate member of the Corporation and be a resident of the Glenboro area.

The Board of Directors has a budget of $8,000 for 2009.

Business and Industry Committee (Agriculture, Economic Development, Mercantile)

¨ Liaison with elected officials including farm organizations and politicians, (i.e.: KAP)

¨ Investigate local value added processing opportunities (i.e.: abattoirs, sunflower processing plant)

¨ Encourage and support existing Agricultural Service businesses in the community

¨ Identify local strengths and build on them (i.e. aquifer, junction of #2 and #5 highway, school, hospital etc.)

Property owned by the GCDC includes the Kinsmen Hall, Glenboro Gaiety Theatre, Sara the Camel, Camel Park and the Burrough of the Gleann Museum and Archives.

¨ Provide ongoing maintenance for all properties owned and operated by the Corporation, namely the Kinsmen Hall, Gaiety Theatre and Camel Park

Day to day tourism issued to be dealt with by the Economic Development Officer. Larger tourism events to be co-ordinated with the GCDC

· Liaison with the Friends of Spruce Woods and the Spruce Woods Provincial Park

The Glenboro Community Development Corporation derives its' operating funds from many sources.

The Village of Glenboro and R.M. of South Cypress contribute approximately $8,000.00 financially to the operations of the corporation. This is broken down as follows:

Yearly individual and business memberships are sold in January and generate approximately $6,000.00 annually.

The Community Hall and Theatre both generate revenue that is in turn used to offset operating costs.

Individual committees occasionally generate funds by sponsoring raffles, socials and the like. All monies raised by individual committees are added to their yearly budget.

Funding for special projects (i.e.: Hall renovations) often comes from both fundraising activities and grant programs.

The corporation year-end is October 31^st. Budgets for the upcoming year are due from each Standing Committee in November. Yearly revenues are estimated at this time and budgets are awarded accordingly.

The GCDC normally hosts their Annual General Meeting in January of each year. A supper, GCDC year in review and some form of entertainment rounds out the evening. The A.G.M. is held in the Kinsmen Hall.

As mentioned the Village of Glenboro and R.M. of South Cypress appoint members to the Board of Directors. All other members are volunteers.

The Development Officer, Chris Tanasichuk is a Village and R.M. employee who works closely with the GCDC. She is involved on a casual basis with most committees and is directly involved with the Business and Industry Committee and Tourism.

With the assistance of a Provincial or Federal grant, the GCDC is able to hire a student for July and August. This student works at the Museum and doubles as a Tourist Booth Operator. If a partial grant is received, the remaining funds are accessed from either the Tourism or Museum committee's budget. The Tourist Information Centre is located within the confines of the Burrough of the Gleann Museum on Broadway Street.

The Glenboro Community Works Loans Program was established in 1997 to provide a source of locally administered venture capital to partially finance the start-up or expansion of small business venture in the Glenboro area. The CWLP is a creature of, and is administered by, the GCDC.

Funding for this program is provided at the Provincial and local level. The Province of Manitoba matches funding revenues two-to-one. At present the total loan pool is $54,000 ($18,000 of which represents CDC funds raised, the balance has been financed by the Province). The majority of local capital placed into the program has been provided by the Village of Glenboro and R.M. of South Cypress although Westoba Credit Union and the Royal Bank have both contributed working capital during the past three years. Five (5) loans have been approved since the inception of the program.

Entrepreneurs may apply for up to $10,000 in funding to either start-up a new business venture or to expand an existing business in the Glenboro area. Businesses can be part-time, seasonal or full time in nature.

Loans may be amortized over a maximum period of five (5) years at a rate of prime plus one percent with the prime rate established by Westoba Credit Union at the time of application. Applicants may apply to the Loans Committee to defer their first payment for up to six months in order to get their business up and running.

A Loans Committee of four persons meets on an as needed basis to review loan applications. This committee makes their recommendation to the CDC based on the business plan supplied by the applicant and the feasibility of the business.

Local Accountant Sandra Hamilton administers the paper work and funds on behalf of the CDC. Both Sandra and Chris have loan applications on hand and can assist applicants in the application procedure.

"I believe that the fate of any given small town will not be decided by its' location in the state or its' access to water or highways or resources, or other objective characteristics. These factors can help or hurt economic survival.

But the essential ingredient is something human, something unpredictable and immeasurable. It is that elusive thing we call LEADERSHIP.

Leadership is vision - some notion of where the future lies and how to get there.

Leadership is guts - the willingness to step up to hard decisions, take risks, step on toes and maybe to fall flat on your face in trying.

You do not have to be a leader. You just have to care and decide to do something, and to enlist like-minded people in the doing. In my view that's what small towns need to survive: the spark of leadership by committed local people willing to risk failure to reach success…."