2016-09-14 RM MinutesKodiak Fisheries Development Association
September 14, 2016 — Minutes SEP 7 ppp
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I. Call to Order --
President Bongen called the meeting to order at 2:05 pm in the City of Kodiak Conference
Room.
II. Roll Call/Approval of Agenda
The following Directors were present: Jerry Bongen, President (via teleconference), Linda
Freed (Secretary/Treasurer), Stosh Anderson, Tuck Bonney, and Tyler Schmeil.
Duncan McIntosh (KFDA Attorney) also attended via teleconference
It was moved by Anderson and seconded by Bonney to approve the agenda. The motion was
approved by unanimous consent.
111. Approval of Previous Minutes
It was moved by Anderson and seconded by Bonney to approve the minutes of the
September 10, 2015 meeting. The motion was approved by unanimous consent.
IV. Old Business
Current Membership (City Processor Seat Vacancy) - Several Directors indicated that
they would contact possible candidates for the vacant Director's seat.
Update on ROFR Status and Discussion of GOA and/or other PQ Acquisition (Duncan
McIntosh) — McIntosh told the Board that there are 6 processors that are required to
sign right of first refusal agreements (ROFRs) with KFDA. They are: Trident Seafoods,
North Pacific/Alaska Pacific Seafoods and four companies that hold smaller or less
valuable PQ. McIntosh is working to finalize ROFRs with each of the companies. The
Board directed McIntosh to work to acquire PQ from the smaller holders, as ROFRs
are being finalized.
McIntosh departed the meeting at 2:20 pm.
V. New Business
• Election of Officers:
A. President — Jerry Bongen
B. Vice -President — Jeff Stephan
C. Secretary/Treasurer— Linda Freed
It was moved by Anderson and seconded by Schmeil to nominate and confirm the
current officers to serve during the upcoming year. The motion was approved by
unanimous voice vote.
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KFDA Minutes
September 14, 2016
2016 — 2017 Review of Proposals and Approval of IPQ lease(s) — The Board reviewed
the proposals received to lease KFDA's IPQ.
Bonney left the meeting at 2:30 pm.
The remaining Directors discussed the RPF responses in detail.
Upon completion of the discussion:
It was moved by Schmeil and seconded by Anderson to accept the proposal
from Royal Aleutian/Unisea. The motion was approved by unanimous voice vote of the
Directors present.
It was moved by Anderson and seconded by Schmeil to award two lots of
Bristol Bay Red King Crab (BBRKC) to Trident Seafoods for $.35 per pound for one lot
and $.40 per pound for one lot; and
To award two lots of BBRKC to NPS/APS for $.361 per pound for one lot and
$.411 per pound for one lot. The motion was approved by unanimous voice vote of the
Directors present.
Bonney returned to the meeting at 3:00 pm.
• Annual Financial Review — Freed reviewed the information contained in the annual,
written secretary/treasurer's report (attached).
VI. Public Comments
There were no public comments.
VII. Director Comments
There were no additional Director's comments.
VIII. Date of Next Meeting/Items of Discussion
It was determined that additional meetings would only be needed if KFDA were presented
with an opportunity to accept/purchase PQ.
IX. Adjournment
It was moved by Schmeil and seconded by Anderson to adjourn the meeting at 3:10 pm. The
motion was approved by unanimous consent.