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September 28, 2012

LEDF board approves new structure

LOGANSPORT — The Logansport-Cass County Economic Development Foundation has a new structure for its board of directors.

LEDF chair Patricia Hammons announced this morning that after several weeks of work, the organization's new structure and by-laws were approved by unanimous vote of the LEDF board of directors. The board also approved a new board and slate of officers effective immediately.

The new board of directors will be made up of nine voting and up to two non-voting members.

“The new structure allows the board to be more responsive to the changing economic times while the new committee structure allows more work to be done where necessary," Hammons said. "The new arrangement also protects the independent character of the foundation, keeping it non-political in its nature, and protects the integrity of the three-legged partnering stool of the private sector with county- and city-elected officials."

Logansport Mayor Ted Franklin praised the action.

"We are excited about the new make- up of the board and are anxious to get back on track and focused on the work that needs to be done,” he said.

The term of officers continues to be one year, but terms for board members have been reduced from four years to three. The bylaws also provide that board members can now serve two consecutive terms before waiting a two-year period to rejoin the board.

Private sector members of the board will include chairman Jim Hayden (Cass Co. Ford), vice chair Jim Schrader (Logansport Memorial Hospital), secretary-treasurer Bill Cuppy (Security Federal Bank) and at-large members Paul Hartman (Logansport Municipal Utilities) and Todd Miller (Myers Spring). Additionally, the board will include four elected officials, with Franklin being joined by City Councilman Bob Bishop, Cass County Commissioner Dave Arnold and Cass County Councilman George Stebbins.

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