Summer has arrived and more boats can be seen moving out and about during these warmer months! Captains, families, and friends are all preparing to go fishing and to play on the water. Our staff is busy keeping the office in order by organizing our files, preparing the newsletter, and getting ready for our shareholder and quarterly board meetings.
Here is an operations update for our shareholders:
Look out for a newsletter in your mailbox soon that will have more detailed updates but for now here is a quick summary.
The board is striving towards having an in-person shareholder meeting in Chignik Lagoon and a date has been set for September 11th at 1:00 PM. Our goal is to make it as safe as possible in the current environment. The first mailout to solicit applications for the Board of Directors will be arriving soon.
In addition to the general operations, our staff has been currently working on the detailed procedures as well as keeping all of the files organized into digital repositories. BBNC has been hosting monthly trainings and we have attended these so far: Keeping the Culture Alive and Performance Reviews. The next scheduled training is on Policy Development.
We plan to put these trainings into action by having our own work sessions this month on these topics.
Our subsidiary Mallard Duck Bay continues working hard within the SBA 8(a) program by reaching out in all ways possible for possible partnering, joint ventures and past performance. This new environment definitely created new challenges that we dedicated to overcoming. We continue participating in the IGC program provided by BBNC of which we are on our third year.
MDB continues to work with the Chignik Lagoon Tribe and has recently started dialogue with them on the promotion of economic development for Chignik Lagoon.