Columbus, Georgia

Exhibit A

MINUTES OF THE MEETING OF THE

DEVELOPMENT AUTHORITY OF COLUMBUS GEORGIA

January 6, 2005



MEMBERS PRESENT

Billy Blanchard, Dick Ellis, Bob Gilson, Stella Shulman, Allen Taber, Fernando

Verdree, Jimmy Yancey



MEMBERS ABSENT

none



ALSO PRESENT

Richard Bishop, Carmen Cavezza, Lisa Collins, Mike Gaymon, Becca Hardin, Isaiah

Hugley, Joe Johnson, Buddy Merrill, Dayton Preston, Brian Sillitto, Ed Sprouse,

Robert Teem, Katherine Kelly



Bob Gilson, Chairman, noting that a quorum was present and proper notice had

been given in accordance with the requirements of Georgia law, called the

January 6, 2005 meeting to order.



MINUTES

Upon motion made by Stella Shulman and seconded by Dick Ellis, the Authority

unanimously approved the minutes of the December 2, 2004 meeting hereto

attached as Exhibit ?A?.



FINANCIAL REPORT

Fernando Verdree reviewed the financial information and upon motion made by

Allen Taber and seconded by Jimmy Yancey, the Authority unanimously approved

the December 2004 Financial Report which is attached hereto as Exhibit ?B?. He

reported that the Miller Loan needs to be renewed. Upon motion made by Dick

Ellis and seconded by Stella Shulman, the Authority unanimously approved to

renew the Miller Loan for up to 3 years.



ECONOMIC DEVELOPMENT UPDATE ? Becca Hardin reviewed the report which is

attached as Exhibit ?C?. There are 15 active projects with for of them being

?hot.? All of the ?hot? ones are international. First Data/Remitco grand

Opening is January 21st. Our 2005 focus was presented to the state project

managers. We received good feedback from IDC consultant who visited recently.

She will be visiting an Austin consultant later this month. Preparations are

underway for both Chamber annual meeting and Valley Partnership annual meeting.



PROPERTY

Dayton Preston reported the following:

1. Most of the panels on the MTP Spec Building are on and the roof is half

finished.

2. The bids on the Easter Connector have been let. The bids can be lowered

since 140,000 cubic yards of dirt can be provided.

3. We are getting more prospect activity since have more property available now.

4. Becca recognized the support by Carmen Cavezza, Richard Bishop and Isaiah

Hugley for the project looking at Victory Drive.



OLD BUSINESS





NEW BUSINESS

none



LEGAL ISSUES

Upon motion made by Jimmy Yancey and seconded by Dick Ellis, the Authority

unanimously approved the resolution attached hereto in the form of Exhibit ?E?

authorizing Sun Chemical Corporations to assign all rights and obligations to

KPG and the Authority to release Sun from all obligations with respect to the

Polychrome Corporation Project Bond Issue Series 1990.



OTHER ISSUES

On behalf of the Authority, Bob Gilson expressed appreciation to Carmen Cavezza

for his support as City Manager. Ed Sprouse read RESOLUTION IN APPRECIATION

FOR EXTRAORDINARY SERVICE OF CARMEN J. CAVEZZA. Upon motion made by Jimmy

Yancey and seconded by Dick Ellis, the Authority adopted the resolution

attached hereto in the form of Exhibit :D?. Carmen Cavezza made a few remarks.



There being no further business to come before the Authority, the meeting was

adjourned by Bob Gilson, the chair.



By:_____________________________

J. Edward Sprouse, Secretary



Approved by:



____________________________________

Robert M. Gilson, Jr., Chair