Members reviewed February 2008 minutes. Motion to approve: Robert Lowe Jr, 2^nd, Joyce Sellers. Motion approved. Members reviewed current financials. Motion to approve financials & pay current bills, Alvin Engelke, 2^nd, Jim Sullivan. Motion approved.

Fred Rader brought copies of economic and demographic profiles for each county. He asked for discussion of local projects and or issues. Among the items that were brought up were the possibility of a local trails network (RL Jr) and the need for a pipeline to carry natural gas/issues with Dominion (AE).

A report was given regarding current activity by staff, including business assistance, training, and grant applications. The Certified Development Community (CDC) application and the Local Economic Development (LED) application have both been submitted on time. Recent grants approved include a Court Security grant for Calhoun County, and a Volunteer of the Year nomination for Harold "Kitty" Wilson. Kitty will be recognized by the Governor at the State Volunteer Conference in July.

Action items:

Motion was made to pay someone to put up the no trespassing sign in Elizabeth. Motion: Alvin Engelke, 2^nd Robert Lowe Jr. Motion approved.

Motion made to approve the opening of negotiations with BB&T on foreclosed equipment from former Wood Resources business, if Ohio prospect decides they want the LKADC to purchase the equipment and lease it to them. Motion: Robert Lowe Jr, 2^nd Alvin Engelke. Motion approved.

Motion made to approved LED resolution, which authorizes Donnie Pitts to sign the contract for LED funding when it arrives. Motion: Alvin Engelke, 2^nd Jim Sullivan. Motion approved.

There being no further business, the meeting was adjourned.