Annual Meeting December 6 2012 Welcome Robert Mills

Annual Meeting December 6, 2012

Welcome Robert Mills - President Leadership Business Relations Quality of Life

Call to Order Kent Baker - Chairman Leadership Business Relations Quality of Life

Minutes • October 2012 Leadership Business Relations Quality of Life

Financials Marcia Marien, CPA O’Connor Davies LLP Leadership Business Relations Quality of Life

Election of Officers • • • Frank Blanchard – Chairman John Bilda – Vice Chairman Carl Reiser – Treasurer Stephanie Fielding – Secretary Miria Toth – Assistant Secretary Mark Block – Corporate Counsel Leadership Business Relations Quality of Life

Chairman’s Message Frank Blanchard – Chairman Leadership Business Relations Quality of Life

Board Transitions Leadership Business Relations Quality of Life

New Board Members Frank Blanchard – Chairman Kent Baker – Past Chairman Leadership Business Relations Quality of Life

Stacie Lambert, CPA • Controller at American Ambulance 2001 – Present • Comptroller at Mitchell College 1996 – 2001 • Partner at Beller, Shepatin 1994 – 1996 • Accountant at Beller, Shepatin 1991 – 1996 • Board of the Greater Norwich Area Chamber of Commerce 2005 – Present. • Chairman of the Greater Norwich Area Chamber of Commerce 2011 – Present Leadership Business Relations Quality of Life

Robert Buckley • Vice President at Dime Bank 2012 – Present • Vice President at Eastern Federal Bank 2007 – 2012 • Assistant Vice President at Eastern Federal Bank 2006 – 2007 • Owner GM of Norwich Lincoln Mercury (YEAR) • Vice President of Norwich Main Street Program • (YEAR) • Member of the Norwich Sunrise Rotary Club Leadership Business Relations Quality of Life

Peter Desaulniers • Norwich City Council 2007 – Present • Norwich City Council President Pro-Tem 2009 – Present • Council Representative: • Parking Commission • Ice Rink Commission • Public Works & Capital Improvements Committee • Affirmative Action Committee • Commission on the City Plan • Mohegan Park Improvement and Development Committee • Willimantic Elks, Bozrah Moose Lodge, and VFW Post 594 Leadership Business Relations Quality of Life

Outgoing Board Members Frank Blanchard – Chairman Robert Mills – President Leadership Business Relations Quality of Life

Kent Baker • Attorney, Law Firm of Kent Baker • Norwich Community Development Corporation 1981 – Present; President since 2010 • Norwich City Council Leadership Business Relations Quality of Life

Anthony Joyce • Vice President Dime Bank Present • William W. Backus Board of Trustees 2008 – Present • Norwich Community Development Corporation Treasurer Leadership Business Relations Quality of Life

Thomas Collins • 2 nd Generation Business Owner, Collins and Jewell • Norwich Community Development Corporation • Engineer Leadership Business Relations Quality of Life

NCDC UPDATES Leadership Business Relations Quality of Life

NCDC’s Economic Development Role • Core Work – Retain, Expand, Attract, Develop – Growth Measured in Tax Base, Jobs and Utilities • Lead Agency – Initial Inquiry – Coordination – Response Leadership Business Relations Quality of Life

Economic Development Inventory Vibrant SUPPLY Incentives DEMAND Jobs Leadership Clean Comfortable Safe Attractive Business Relations Quality of Life

Economic Development Inventory Incentives Vibrant SUPPLY DEMAND Jobs Leadership Clean Comfortable Safe Attractive Business Relations Quality of Life

NCDC’s Economic Development Role • Picture This… – Buzz – Help Solve Problems – Make Community a Desirable Place Leadership Business Relations Quality of Life

NCDC’s Role is Evolving WHO WE WERE WHO WE ARE • Internally-focused strategic plan • Strategic plan that focuses on addressing Norwich issues Leadership Business Relations Quality of Life

NCDC’s Role is Evolving WHO WE WERE WHO WE ARE • Highly-committed and hands on volunteer board • Few professional staff Leadership • Team of 4 Professionals • Augmented by talented volunteers Business Relations Quality of Life

NCDC’s Role is Evolving Staff Participation in Outside Organizations 25 23 20 17 15 10 7 5 0 1 1 2007 2008 Leadership 3 3 2009 2010 2011 Business Relations 2012 2013 Quality of Life

NCDC’s Role is Evolving WHO WE WERE • Projects • Real Estate Development • Self-sufficient Leadership WHO WE ARE • Programs • Economic Development • Addressing City Needs Business Relations Quality of Life

Newly Adopted Strategic Plan Areas of Focus Capacity and Leadership Business Relations and Development Business Relations Branding, Marketing and Sales Quality of Life

Strategic Plan Capacity and Leadership Business Relations and Development Branding, Marketing and Sales 1. Foster Leadership 2. Create Informed Leaders 3. Build Capacity Leadership Business Relations Quality of Life

Strategic Plan Capacity and Leadership 1. Foster Leadership 2. Create Informed Leaders Business Relations and Development Branding, Marketing and Sales 4. Development Strategies 5. Align Supply and Demand 3. Build Capacity Leadership Business Relations Quality of Life

Strategic Plan Capacity and Leadership 1. Foster Leadership 2. Create Informed Leaders Business Relations and Development 4. Development Strategies 5. Align Supply and Demand 6. Improve Prosperity 7. Market the City 8. Coordinate Promotions 3. Build Capacity Leadership Branding, Marketing and Sales Business Relations Quality of Life

Projects 92% Funding From Others Leadership Business Relations Quality of Life

Projects • Transportation Center – $22 million project – $1. 6 million in city funding – 165 parking spaces – Location-ready for rail – Significant quality of life improvement for public transportation users Leadership Business Relations Quality of Life

Programs • VCI Report – Updated market analysis – Working on Implementation • Uncas Leap Report – National-level resource – Working with the City and Mohegan Tribe Leadership Business Relations Quality of Life

Vibrant Communities Initiative Leadership Business Relations Quality of Life

Uncas Leap

Uncas Leap Mercantile Exchange

Uncas Leap

Uncas Leap Sachem’s Point Miantonomoh Monument Royal Mohegan Burial Grounds Uncas Leap Battle of Great Plain Route Battle of Great Plain Battlefield New London Turnpike Trading Cove Cochegan Rock Tantaquidgeon Museum Fort Shantok