The annual meeting of the Monett Industrial Development Corporation (MIDC) was held on June 27 and included the election of the first new person to the board of directors in several years.
Keith McCracken was elected to take the place of Harold Schelin, who chose not to run for another three-year term. McCracken, who has Century 21 Properties in Monett, also serves on the city's building board and is a member of the Monett Chamber of Commerce's Board of Directors.
Re-elected to the board were Mike Brownsberger and Darren Newbold.
All of the officers were re-elected for another term. They include: Jerry Dierker, president; Michael Garrett, vice president; David Honeycutt, secretary; and Brownsberger, treasurer.
Business conducted over the past year was reviewed. The MIDC completed purchase of acreage from Mark Peters at the southeast corner of Highways 60 and 97 for around $15,000. The acquisition squares off the MIDC property and gives the corporation continuous frontage across the street from the Monett Municipal Airport.
In new business, directors determined the fence along the property needs to be upgraded. The land is currently being rented to Dr. Ted Dahlstrom to use as pasture. Dierker asked Dahlstrom to make arrangements and the MIDC would pay for the fence. No price was available until the cost of supplies was determined.
Board members agreed to have a gate installed on the Highway 97 side of the property and to have the MIDC's sign, located at the corner of Highways 60 and 97, placed inside the fence.
Voting at the meeting represented 485 of the 686 shares of stock in the corporation. A total of 358 shares were voted by proxy.