The Research and Innovation Local Government Corporation (LGC) held a brief meeting on June 23, 2026, at 8:15 PM local time. The board handled routine business including officer elections, approval of prior minutes, financial reports, and a resolution to redeem a contract revenue bond early. All actions were approved unanimously.
I'm a call to order today's research and innovation local government corporation meeting. And the first item is election of president and vice president. Do you have nominations? Yes, I move to re-elect Elizabeth Beck as president and Michael Crang as vice president. Do you have a second? All those in favor? Any opposed? Okay, moving on. Next, we have the approval of the April 28th minutes. All those in favor? Aye. Motion. Motion carries. Okay. Um next we have our financial reports. Are there any questions on the financial reports? Seeing none, we can move on. Um and then we have the consideration of a resolution authorizing the redemption of a contract revenue bond. Real quick, this is related to the AM project. If you recall, uh the LGC issued uh contract revenue bonds to pay for the design of preconstruction services work associated with the research and innovation building on the AM campus. Uh they have decided to go ahead and retire that debt early in accordance with the interlocal agreement between the LGC and the university system. So the intent is to in August redeem those bonds. We requires your action in advance of doing so. And so that's what this resolution is on your agenda today. Thank you, Roger. Does anybody have any questions? No. Second. All those in favor? Aye. Any opposed? Do we have any future agenda items? Seeing none, meeting adjourned. I think I win for that.