As promised, here are the notes from yesterday’s Town Hall meeting! I want to begin by apologizing for the poor sound quality we all experienced during the Zoom Town Hall meeting. Obviously, that was not the plan…but I appreciate that most of you hung in there as there was lots of exciting news shared. Please find below all the items shared during the meeting. As always, if you have any questions, simply reach out… |
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As a part of the Strategic Plan we have been looking at all of our sites. One of the conclusions reached was that the GVC site in LaCrosse has been underutilized. The GVC building has approximately 40.5K sq ft. FCC only needs approximately 25.5K sq ft of space following a space assessment study by ISG, a local architecture firm. We considered several options – including maintaining the status quo and making no change, demolishing GVC & building on the same site, sell GVC and buy/renovate or build a new building. An ad hoc committee was formed following approval by the board in January and the committee reviewed all options. After careful consideration, FCC will enter into a purchase agreement with the owners of the building, located at 811 Monitor Street. Assuming we secure financing and satisfactorily complete our due diligence, we will become the owners in thirty (30) days. This purchase aligns with the Guiding Principles we had identified as we began this project – Proximity, Flexibility and Experience. I have attached a copy of the link to the video to show you how the building currently looks. Link: https://youtu.be/ |
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Again, I apologize for the sound issues. Please do not hesitate to reach out with any questions.
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Tita
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