About FBIDC

Board of Directors

NameTitleAffilation

Mr. John Kontoes

Vice-Chairman

Retired, Former owner of KC Phipps Jewelers

Mr. Prescott Towle

Vice-Chairman

Owner, A.W. Frost Agency

Mrs. Sarah E.M. Stanley

Treasurer

Asst. VP, Marketing & Community Relations Officer, Franklin Savings Bank

Mr. Tim Sheedy

Director

Attorney at Law, Phoenix Title Services

Mr. Stuart Trachy

Director

Legislative Consultant

Mrs. Carol O'Reilly

Director

Human Resources Manager, Vitex Extrusion

Mr. Michael L. Mullavey

Director

Engineer, WATTS Water Technologies

Mr. George Dzujna

Director

Retired, Franklin City Councilman

Mrs. Elizabeth Dragon

Ex-Officio Director

Franklin City Manager

Mr. Ted Starkweather

Ex-Officio Director

Retired, Franklin City Councilman

Mr. Jack Benson

Ex-Officio Director

Retired, Benson Auto Company


History of FBIDC

Purpose:

When FBIDC was organized in 1995 by a group of local business leaders, there already existed scattered efforts in the community to expand and improve business and industrial expansion and retention.  It was FBIDC’s primary goal to establish a well-organized, unified, and single purpose group to pursue these economic development endeavors.

FBIDC sought to find a qualified professional who could build the organization from the ground up and who could develop relationships with not only local industrial and business leaders, but also with the county, state and federal agencies and organizations which exist to help local communities with economic development. The mission of FBIDC would be to promote the expansion of the economic base of the City of Franklin through strategies to make the community an increasingly attractive location to conduct business, to work, to play, and to raise a family.  Specific goals included:

To undertake targeted programs designed to assist existing business in remaining and growing, to attract a variety of business types and to encourage and support the creation of new businesses.

To establish and strengthen FBIDC’s effectiveness as the primary agency to successfully promote the economy of Franklin in an innovative and nonpartisan manner.

To work aggressively to improve and promote the City of Franklin’s image as a desirable community for business, industry, and quality of life.

To be a catalyst to ensure that the City’s physical infrastructure and community services are maintained and improved so that the area is a competitive location and an attractive place to work and play.
 

Organizational Structure:

FBIDC was established as a non-profit corporation [501(c)3] with a voluntary nine person Board of Directors. Initially the directors were appointed by the City Council.  Thereafter, the Board of Directors of FBIDC appointed members to fill vacancies.  Board members could not serve more than

three, three-year terms. FBIDC was established as an independent corporation with the By-laws approved on November 27, 1995.  The City Council appointed the following community and business leaders as members of the original Board of Directors.


Original Board of Directors:

NameName
John R. Benham  Chris Seufert
John LardLouis Guevin, Jr.
Richard Clarenbach  Art Stuart
Richard Lepene      David Hurst
Jeff Fisher