The business of the Economic Alliance

“If you want to play, you have to pay.” That is how Bob Hill phrased in on Friday when the policymakers for the Oconee Economic Alliance decided that ex-officio members of the alliance board of directors who do not pay membership dues will be ineligible to cast votes. As vice-chairman, Hill presided at Friday’s board meeting. The alliance is a group of individuals from public and private interests who work together to further the county’s economic development. In another action at the meeting, the board approved treasurer Mike Stancil’s recommendation to open a 60-month certificate of deposit at Blue Ridge Bank. The alliance will place $100 thousand dollars into the certificate and will receive a savings rate of 0.90%. The recommendation that Stancil carried to the meeting resulted from a vote by the alliance’s operations committee to open the C-D. Committee member Glenn Buddin abstained from the committee vote because of his affiliation as Blue Ridge Bank’s chief officer.