| Name of Board/Commission |
Loan Committee
(Economic Development Revolving) |
Date 07/12/2017 |
| 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
Steven C. Harrison |
Title
Small Business Liaison |
Telephone Number
336-747-7474 |
| Current Membership - Loan Committee |
| Name |
Race/Gender |
Term |
Expiration |
| City Council Appointments |
| G. Douglas Atkinson |
WM |
1 |
12/17 |
| Diane Greer |
WF |
1 |
N/A |
| Kevin M. Cole |
BM |
1 |
02/16 |
| Darnella Cook |
BF |
1 |
02/17 |
| Carol Davis |
BF |
1 |
02/17 |
| Andrew Dreyfuss, Chair |
WM |
1 |
02/10 |
| VACANCY |
|
|
|
| VACANCY |
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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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